Quarterly Snapshot
| Metric | Q4'25 | YoY Δ | Q4'24 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -1.14% | +0.02 | -1.16% |
| Return on Equity (%) | ▲ | -10.82% | +2.89 | -13.71% |
| Net Interest Margin (%) | ▲ | 2.14% | +0.12 | 2.02% |
| Efficiency Ratio (%) | ▼ | 139.29% | +0.04 | 139.25% |
| Pre-Provision Profit ($M) | ▼ | $-2 | -1.03 | $-1 |
| Cost of Funds (%) | ▲ | 2.09% | -0.41 | 2.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $347 | -39.16 | $386 |
| Gross Loans ($M) | ▼ | $270 | -40.58 | $310 |
| Loan Growth YoY (%) | ▼ | 89.62% | -3.01 | 92.62% |
| Total Deposits ($M) | ▼ | $298 | -34.09 | $332 |
| Shareholders Equity ($M) | ▼ | $32 | -1.30 | $33 |
| Tang. Book Value ($M) | ▼ | $32 | -0.71 | $32 |
| TBV excl. AOCI ($M)** | ▼ | $33 | -0.69 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 89.62% | -3.01 | 92.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.18% | +0.20 | 0.98% |
| Allowance / Loans (%) | — | 1.01% | 0.12% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 1.52% | +0.30 | 1.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.06% | +0.78 | 12.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q1'24 | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▇▇█▄ | Net Interest Margin (%) | 2.04% | 2.07% | 2.04% | 2.02% | 2.23% | 2.23% | 2.29% | 2.14% |
| █▇▆▁▃▅▇▁ | Return on Assets (%) | -0.55% | -0.68% | -0.74% | -1.16% | -0.96% | -0.78% | -0.64% | -1.14% |
| ▃▅▆█▄▂▁█ | Efficiency Ratio (%) | 123.1% | 127.5% | 132.6% | 139.2% | 124.3% | 119.5% | 113.8% | 139.3% |
| ████▅▅▃▁ | Cost of Funds (%) | 2.52% | 2.49% | 2.54% | 2.50% | 2.36% | 2.35% | 2.23% | 2.09% |
| ▁▁▃▅▁▃▂█ | NPA / Assets (%) | 0.81% | 0.78% | 0.90% | 0.98% | 0.81% | 0.91% | 0.85% | 1.18% |
| ▁▁▃▄▁▃▂█ | Net Charge-Off Ratio (%) | 0.99% | 0.97% | 1.12% | 1.22% | 1.02% | 1.13% | 1.07% | 1.52% |
| █▄▄▃▄▃▄▁ | Tang. Book Value ($M) | $34 | $33 | $33 | $32 | $33 | $32 | $33 | $32 |
| ██▇▆▅▃▂▁ | Gross Loans ($M) | $332 | $325 | $318 | $310 | $304 | $293 | $281 | $270 |
| ██▇▆▆▄▁▁ | Total Deposits ($M) | $347 | $344 | $336 | $332 | $330 | $320 | $303 | $298 |
Portfolio Composition — Q4'25
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 3% |
| Consumer | 29% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 11% |