Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.53% | +1.38 | 2.15% |
| Return on Equity (%) | ▲ | 17.78% | +6.68 | 11.10% |
| Net Interest Margin (%) | ▲ | 7.03% | +2.23 | 4.80% |
| Efficiency Ratio (%) | ▲ | 39.07% | -12.57 | 51.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.68 | $1 |
| Cost of Funds (%) | ▲ | 1.01% | -0.10 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $141 | +1.70 | $139 |
| Gross Loans ($M) | ▲ | $79 | +3.48 | $76 |
| Loan Growth YoY (%) | ▲ | 70.63% | +3.47 | 67.15% |
| Total Deposits ($M) | ▼ | $110 | -0.67 | $111 |
| Shareholders Equity ($M) | ▲ | $28 | +2.18 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +2.18 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.36 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 70.63% | +3.47 | 67.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.09 | 0.32% |
| Allowance / Loans (%) | — | 1.99% | 0.05% | 1.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.17 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 31.88% | +1.53 | 30.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▁▁▁▁█ | Net Interest Margin (%) | 5.05% | 4.98% | 5.17% | 4.80% | 4.84% | 5.02% | 5.08% | 7.03% |
| ▃▁▁▃▃▃▂█ | Return on Assets (%) | 2.08% | 1.35% | 1.51% | 2.15% | 2.08% | 1.93% | 1.85% | 3.53% |
| ▅██▅▄▆▇▁ | Efficiency Ratio (%) | 51.6% | 61.3% | 61.1% | 51.6% | 49.4% | 54.1% | 56.0% | 39.1% |
| ▃█▄▃▁▁▁▁ | Cost of Funds (%) | 1.11% | 1.32% | 1.16% | 1.11% | 1.04% | 1.02% | 1.02% | 1.01% |
| ▄▄▂▁█▁▂▁ | NPA / Assets (%) | 0.59% | 0.61% | 0.34% | 0.32% | 1.00% | 0.31% | 0.35% | 0.23% |
| ▄▅▂▂█▁▂▁ | Net Charge-Off Ratio (%) | 1.01% | 1.07% | 0.58% | 0.59% | 1.62% | 0.53% | 0.57% | 0.41% |
| ▁▂▃▂▄▆██ | Tang. Book Value ($M) | $25 | $26 | $26 | $26 | $26 | $27 | $28 | $28 |
| ▁▁▃▃█▇█▅ | Gross Loans ($M) | $71 | $72 | $75 | $76 | $84 | $82 | $85 | $79 |
| ▁▂▂█▇███ | Total Deposits ($M) | $94 | $98 | $98 | $111 | $108 | $110 | $109 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 22% |
| Consumer | 3% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 5% |