Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.28% | +0.39 | -0.10% |
| Return on Equity (%) | ▲ | 2.09% | +2.91 | -0.82% |
| Net Interest Margin (%) | ▲ | 2.90% | +0.36 | 2.54% |
| Efficiency Ratio (%) | ▲ | 87.20% | -19.21 | 106.41% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.21 | $-0 |
| Cost of Funds (%) | ▲ | 1.89% | -0.02 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $154 | -6.56 | $160 |
| Gross Loans ($M) | ▲ | $104 | +5.57 | $99 |
| Loan Growth YoY (%) | ▲ | 81.89% | +8.89 | 73.01% |
| Total Deposits ($M) | ▼ | $127 | -7.79 | $134 |
| Shareholders Equity ($M) | ▲ | $21 | +1.06 | $20 |
| Tang. Book Value ($M) | ▲ | $21 | +1.06 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +0.81 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 81.89% | +8.89 | 73.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.05% | +0.04 | 0.00% |
| Allowance / Loans (%) | — | 0.65% | -0.03% | 0.68% |
| Net Charge-Off Ratio (%) | ▼ | 0.07% | +0.06 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.59% | -1.23 | 23.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▃▄▆█ | Net Interest Margin (%) | 2.88% | 2.89% | 2.85% | 2.54% | 2.63% | 2.72% | 2.77% | 2.90% |
| ▇██▁▃▆▇█ | Return on Assets (%) | 0.23% | 0.25% | 0.25% | -0.10% | 0.04% | 0.15% | 0.22% | 0.28% |
| ▂▁▁█▅▃▂▁ | Efficiency Ratio (%) | 89.9% | 88.6% | 88.6% | 106.4% | 98.7% | 93.4% | 90.2% | 87.2% |
| ▄█▄▃▁▁▂▂ | Cost of Funds (%) | 1.94% | 2.06% | 1.94% | 1.92% | 1.87% | 1.84% | 1.89% | 1.89% |
| ██▃▁▇▇▃▁ | NPA / Assets (%) | 0.60% | 0.59% | 0.16% | 0.00% | 0.47% | 0.51% | 0.17% | 0.05% |
| ██▃▁▇▇▃▁ | Net Charge-Off Ratio (%) | 0.99% | 0.99% | 0.28% | 0.01% | 0.76% | 0.79% | 0.27% | 0.07% |
| ▁▅▂▃▄▇██ | Tang. Book Value ($M) | $19 | $20 | $20 | $20 | $20 | $21 | $21 | $21 |
| ▁▁▂▄▅███ | Gross Loans ($M) | $95 | $94 | $95 | $99 | $100 | $104 | $104 | $104 |
| ▄▅████▆▁ | Total Deposits ($M) | $130 | $131 | $134 | $134 | $135 | $134 | $132 | $127 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 25% |