Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.96% | -0.42 | 1.38% |
| Return on Equity (%) | ▼ | 6.38% | -2.62 | 9.00% |
| Net Interest Margin (%) | ▼ | 3.85% | -0.12 | 3.97% |
| Efficiency Ratio (%) | ▼ | 67.20% | +2.75 | 64.45% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.06 | $0 |
| Cost of Funds (%) | ▲ | 3.34% | -0.01 | 3.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $111 | -3.61 | $115 |
| Gross Loans ($M) | ▼ | $90 | -9.33 | $99 |
| Loan Growth YoY (%) | ▼ | 99.54% | -11.76 | 111.30% |
| Total Deposits ($M) | ▲ | $89 | +1.04 | $88 |
| Shareholders Equity ($M) | ▼ | $16 | -1.13 | $18 |
| Tang. Book Value ($M) | ▼ | $16 | -1.13 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 99.54% | -11.76 | 111.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.07% | 0.08% | 0.99% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂█▆▆▅▇ | Net Interest Margin (%) | 3.44% | 3.49% | 3.54% | 3.97% | 3.78% | 3.82% | 3.76% | 3.85% |
| ▁▃▄█▅▂▂▃ | Return on Assets (%) | 0.71% | 0.94% | 1.03% | 1.38% | 1.12% | 0.85% | 0.87% | 0.96% |
| ▄▁▂▁▃██▅ | Efficiency Ratio (%) | 66.5% | 64.9% | 65.7% | 64.4% | 66.4% | 69.8% | 69.7% | 67.2% |
| ▁██▃▁▅▆▃ | Cost of Funds (%) | 3.21% | 3.57% | 3.54% | 3.34% | 3.22% | 3.41% | 3.47% | 3.34% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▆█▅▆▂▄▁ | Tang. Book Value ($M) | $18 | $18 | $18 | $18 | $18 | $17 | $17 | $16 |
| █▇▃▄▃▄▃▁ | Gross Loans ($M) | $112 | $108 | $97 | $99 | $97 | $100 | $97 | $90 |
| ▂█▅▃▁▃▆▅ | Total Deposits ($M) | $87 | $91 | $89 | $88 | $86 | $88 | $90 | $89 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 70% |
| Brokered / Other | 30% |