Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.10% | +0.76 | -0.65% |
| Return on Equity (%) | ▲ | 0.68% | +4.80 | -4.12% |
| Net Interest Margin (%) | ▲ | 2.85% | +0.47 | 2.38% |
| Efficiency Ratio (%) | ▲ | 95.45% | -33.02 | 128.48% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.47 | $-0 |
| Cost of Funds (%) | ▼ | 2.49% | +0.03 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $249 | +2.87 | $246 |
| Gross Loans ($M) | ▼ | $203 | -3.59 | $206 |
| Loan Growth YoY (%) | ▼ | 96.98% | -10.84 | 107.82% |
| Total Deposits ($M) | ▲ | $207 | +17.45 | $189 |
| Shareholders Equity ($M) | ▼ | $36 | -0.75 | $37 |
| Tang. Book Value ($M) | ▼ | $36 | -0.75 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 96.98% | -10.84 | 107.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.62 | 0.62% |
| Allowance / Loans (%) | — | 1.23% | 0.02% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.73 | 0.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▁▃▄▄▅ | Net Interest Margin (%) | 3.28% | 3.18% | 3.03% | 2.38% | 2.64% | 2.74% | 2.78% | 2.85% |
| ▅▅▄▁▇██▇ | Return on Assets (%) | -0.19% | -0.19% | -0.25% | -0.65% | 0.12% | 0.26% | 0.22% | 0.10% |
| ▅▅▅█▁▁▁▃ | Efficiency Ratio (%) | 108.5% | 107.3% | 110.9% | 128.5% | 87.9% | 82.2% | 86.8% | 95.5% |
| ▁█▇▄██▆▄ | Cost of Funds (%) | 2.23% | 2.81% | 2.75% | 2.47% | 2.79% | 2.83% | 2.65% | 2.49% |
| ▁▁▁█▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▇▆▄▇█▆▁ | Tang. Book Value ($M) | $37 | $37 | $37 | $37 | $37 | $38 | $37 | $36 |
| ▁▁▂██▇▇▇ | Gross Loans ($M) | $167 | $168 | $175 | $206 | $208 | $201 | $199 | $203 |
| ▂▁▃▅▆▇▆█ | Total Deposits ($M) | $172 | $166 | $176 | $189 | $194 | $200 | $192 | $207 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 37% |