Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.15% | +2.75 | -2.60% |
| Return on Equity (%) | ▲ | 0.92% | +10.77 | -9.85% |
| Net Interest Margin (%) | ▼ | 4.83% | -0.36 | 5.20% |
| Efficiency Ratio (%) | ▲ | 91.47% | -46.54 | 138.01% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.47 | $-0 |
| Cost of Funds (%) | ▼ | 1.83% | +0.34 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $117 | +39.24 | $78 |
| Gross Loans ($M) | ▲ | $94 | +32.99 | $61 |
| Loan Growth YoY (%) | ▼ | 95.70% | -9.09 | 104.79% |
| Total Deposits ($M) | ▲ | $97 | +39.64 | $57 |
| Shareholders Equity ($M) | ▼ | $19 | -0.27 | $19 |
| Tang. Book Value ($M) | ▼ | $19 | -0.27 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 95.70% | -9.09 | 104.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.29% | -0.27% | 1.56% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▃▃▃▂▁ | Net Interest Margin (%) | 5.86% | 5.78% | 5.66% | 5.20% | 5.18% | 5.16% | 5.06% | 4.83% |
| ▁▁▂▃▄▅▆█ | Return on Assets (%) | -3.79% | -3.56% | -3.08% | -2.60% | -1.91% | -1.47% | -1.21% | 0.15% |
| ██▇▇▅▄▄▁ | Efficiency Ratio (%) | 151.9% | 149.6% | 140.3% | 138.0% | 123.6% | 118.6% | 114.6% | 91.5% |
| ▁▂▅▆▅█▇█ | Cost of Funds (%) | 0.91% | 1.13% | 1.43% | 1.49% | 1.48% | 1.83% | 1.66% | 1.83% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▆▅▂▁▁▁▁ | Tang. Book Value ($M) | $20 | $20 | $19 | $19 | $19 | $19 | $19 | $19 |
| ▁▁▃▄▅▆██ | Gross Loans ($M) | $32 | $39 | $52 | $61 | $68 | $75 | $87 | $94 |
| ▁▂▃▄▅▆▇█ | Total Deposits ($M) | $31 | $42 | $48 | $57 | $67 | $74 | $86 | $97 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 22% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 28% |