Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.13% | +0.14 | -0.27% |
| Return on Equity (%) | ▲ | -1.04% | +0.99 | -2.03% |
| Net Interest Margin (%) | ▼ | 4.63% | -0.01 | 4.64% |
| Efficiency Ratio (%) | ▲ | 103.53% | -3.93 | 107.46% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.04 | $-0 |
| Cost of Funds (%) | ▲ | 1.86% | -0.07 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $104 | +1.85 | $102 |
| Gross Loans ($M) | ▲ | $83 | +4.40 | $79 |
| Loan Growth YoY (%) | ▲ | 114.92% | +1.58 | 113.34% |
| Total Deposits ($M) | ▲ | $71 | +2.89 | $69 |
| Shareholders Equity ($M) | ▼ | $13 | -0.09 | $13 |
| Tang. Book Value ($M) | ▼ | $13 | -0.09 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 114.92% | +1.58 | 113.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.66% | -0.03 | 0.69% |
| Allowance / Loans (%) | — | 1.30% | -0.07% | 1.37% |
| Net Charge-Off Ratio (%) | ▲ | 0.83% | -0.07 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▃▂▂▁ | Net Interest Margin (%) | 5.01% | 4.99% | 4.97% | 4.64% | 4.73% | 4.70% | 4.69% | 4.63% |
| ▆▄▃▁█▇▆█ | Return on Assets (%) | -0.17% | -0.22% | -0.22% | -0.27% | -0.14% | -0.16% | -0.17% | -0.13% |
| ▁▃▄█▁▁▂▁ | Efficiency Ratio (%) | 103.5% | 104.7% | 105.3% | 107.5% | 103.3% | 103.4% | 103.9% | 103.5% |
| ▄█▁▄██▅▁ | Cost of Funds (%) | 1.93% | 2.02% | 1.87% | 1.93% | 2.02% | 2.03% | 1.96% | 1.86% |
| ██▆▄▁▁▄▃ | NPA / Assets (%) | 0.78% | 0.79% | 0.74% | 0.69% | 0.62% | 0.63% | 0.70% | 0.66% |
| ██▇▅▁▁▃▂ | Net Charge-Off Ratio (%) | 0.94% | 0.96% | 0.93% | 0.89% | 0.81% | 0.79% | 0.85% | 0.83% |
| ██▆▄▄▃▁▁ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $13 | $13 | $13 | $13 |
| ▃▁▂▄▃▅██ | Gross Loans ($M) | $77 | $75 | $77 | $79 | $78 | $80 | $82 | $83 |
| ▁▁▄▇▇▆▇█ | Total Deposits ($M) | $57 | $58 | $63 | $69 | $69 | $67 | $68 | $71 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 19% |