Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.36% | +0.58 | -0.22% |
| Return on Equity (%) | ▲ | 1.51% | +2.72 | -1.21% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.88 | 2.92% |
| Efficiency Ratio (%) | ▲ | 85.47% | -19.19 | 104.66% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.25 | $-0 |
| Cost of Funds (%) | ▲ | 2.14% | -0.44 | 2.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $146 | -5.85 | $152 |
| Gross Loans ($M) | ▼ | $95 | -0.64 | $96 |
| Loan Growth YoY (%) | ▲ | 88.68% | +6.50 | 82.18% |
| Total Deposits ($M) | ▼ | $105 | -9.48 | $114 |
| Shareholders Equity ($M) | ▲ | $35 | +6.24 | $29 |
| Tang. Book Value ($M) | ▲ | $35 | +6.24 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +6.12 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 88.68% | +6.50 | 82.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 2.71% | 0.38% | 2.32% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 31.23% | +2.06 | 29.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▃▅█ | Net Interest Margin (%) | 2.68% | 2.71% | 2.73% | 2.92% | 3.05% | 3.09% | 3.26% | 3.80% |
| ▁▁▁▁▂█▅▃ | Return on Assets (%) | -0.52% | -0.48% | -0.42% | -0.22% | -0.21% | 1.93% | 0.83% | 0.36% |
| ███▇▇▁▁▅ | Efficiency Ratio (%) | 120.3% | 118.5% | 117.9% | 104.7% | 105.7% | 28.9% | 34.6% | 85.5% |
| ███▇▆▅▃▁ | Cost of Funds (%) | 2.66% | 2.63% | 2.65% | 2.58% | 2.48% | 2.43% | 2.27% | 2.14% |
| ▁▁▁▁█▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.36% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▁▁▁███ | Tang. Book Value ($M) | $29 | $29 | $28 | $29 | $28 | $36 | $35 | $35 |
| █▅██▅▁▄▆ | Gross Loans ($M) | $96 | $95 | $97 | $96 | $95 | $93 | $94 | $95 |
| ▃▆█▅▁▂▁▁ | Total Deposits ($M) | $111 | $117 | $123 | $114 | $107 | $108 | $106 | $105 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |