Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.21 | 0.74% |
| Return on Equity (%) | ▼ | 3.50% | -1.31 | 4.81% |
| Net Interest Margin (%) | ▲ | 4.36% | +0.08 | 4.28% |
| Efficiency Ratio (%) | ▼ | 84.12% | +3.19 | 80.93% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.06 | $0 |
| Cost of Funds (%) | ▲ | 1.13% | -0.06 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $111 | +6.88 | $104 |
| Gross Loans ($M) | ▲ | $72 | +4.44 | $67 |
| Loan Growth YoY (%) | ▼ | 75.94% | -0.24 | 76.18% |
| Total Deposits ($M) | ▲ | $93 | +6.09 | $87 |
| Shareholders Equity ($M) | ▲ | $17 | +0.78 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +0.78 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 75.94% | -0.24 | 76.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.58% | -0.07% | 1.65% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 23.18% | -0.19 | 23.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆███▇ | Net Interest Margin (%) | 3.83% | 3.90% | 4.00% | 4.28% | 4.47% | 4.49% | 4.53% | 4.36% |
| ▁▁▂████▇ | Return on Assets (%) | -0.20% | -0.10% | -0.01% | 0.74% | 0.73% | 0.71% | 0.69% | 0.53% |
| █▇▇▁▁▁▁▂ | Efficiency Ratio (%) | 107.3% | 103.5% | 100.6% | 80.9% | 80.5% | 80.2% | 80.6% | 84.1% |
| ██▇▄▅▂▁▂ | Cost of Funds (%) | 1.27% | 1.25% | 1.24% | 1.19% | 1.19% | 1.13% | 1.11% | 1.13% |
| ▁▁█▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $16 | $16 | $16 | $16 | $16 | $17 | $17 | $17 |
| ▁▂▂▅▇█▇█ | Gross Loans ($M) | $63 | $64 | $64 | $67 | $70 | $71 | $71 | $72 |
| ▁▁▁▂▅█▇▇ | Total Deposits ($M) | $85 | $85 | $85 | $87 | $90 | $94 | $92 | $93 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 12% |