Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.60% | -0.11 | -0.49% |
| Return on Equity (%) | ▼ | -5.47% | -1.13 | -4.34% |
| Net Interest Margin (%) | ▲ | 5.05% | +0.42 | 4.63% |
| Efficiency Ratio (%) | ▲ | 68.95% | -11.18 | 80.13% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.66 | $1 |
| Cost of Funds (%) | ▲ | 3.64% | -0.27 | 3.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $408 | -8.03 | $416 |
| Gross Loans ($M) | ▼ | $369 | -20.54 | $389 |
| Loan Growth YoY (%) | ▼ | 99.67% | -4.22 | 103.88% |
| Total Deposits ($M) | ▼ | $361 | -5.63 | $367 |
| Shareholders Equity ($M) | ▼ | $45 | -2.22 | $47 |
| Tang. Book Value ($M) | ▼ | $45 | -2.22 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 99.67% | -4.22 | 103.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.66 | 0.22% |
| Allowance / Loans (%) | — | 2.38% | 0.26% | 2.12% |
| Net Charge-Off Ratio (%) | ▼ | 0.97% | +0.73 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▆▆██ | Net Interest Margin (%) | 4.25% | 4.31% | 4.45% | 4.63% | 4.79% | 4.82% | 4.99% | 5.05% |
| ▂▂▅▄█▅▃▁ | Return on Assets (%) | -0.54% | -0.55% | -0.44% | -0.49% | -0.31% | -0.45% | -0.51% | -0.60% |
| ██▆▇▅▅▅▁ | Efficiency Ratio (%) | 82.3% | 81.4% | 78.8% | 80.1% | 76.3% | 76.7% | 75.7% | 69.0% |
| ▆██▅▅▄▆▁ | Cost of Funds (%) | 3.98% | 4.04% | 4.09% | 3.91% | 3.87% | 3.85% | 3.94% | 3.64% |
| ▁▁▂▁▁▂▃█ | NPA / Assets (%) | 0.26% | 0.28% | 0.37% | 0.22% | 0.28% | 0.36% | 0.45% | 0.88% |
| ▁▁▂▁▁▂▃█ | Net Charge-Off Ratio (%) | 0.28% | 0.30% | 0.41% | 0.24% | 0.31% | 0.40% | 0.49% | 0.97% |
| █▇▇▆▅▄▂▁ | Tang. Book Value ($M) | $48 | $48 | $48 | $47 | $47 | $46 | $45 | $45 |
| ▆█▄▇▆▅▂▁ | Gross Loans ($M) | $387 | $395 | $381 | $389 | $387 | $383 | $375 | $369 |
| ▁█▇▄▅█▁▁ | Total Deposits ($M) | $362 | $376 | $372 | $367 | $370 | $375 | $361 | $361 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 38% |
| Consumer | 62% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 52% |
| Brokered / Other | 48% |