Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.20% | +0.02 | 0.17% |
| Return on Equity (%) | ▲ | 2.21% | +0.20 | 2.01% |
| Net Interest Margin (%) | ▲ | 1.36% | +0.12 | 1.25% |
| Efficiency Ratio (%) | ▲ | 80.56% | -0.60 | 81.16% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 2.83% | -0.02 | 2.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $104 | -0.81 | $105 |
| Gross Loans ($M) | ▲ | $84 | +0.27 | $84 |
| Loan Growth YoY (%) | ▲ | 88.42% | +1.25 | 87.17% |
| Total Deposits ($M) | ▼ | $95 | -1.06 | $96 |
| Shareholders Equity ($M) | ▲ | $9 | +0.25 | $9 |
| Tang. Book Value ($M) | ▲ | $9 | +0.25 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 88.42% | +1.25 | 87.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.56% | -0.04 | 0.60% |
| Allowance / Loans (%) | — | 0.43% | -0.00% | 0.43% |
| Net Charge-Off Ratio (%) | ▲ | 0.69% | -0.06 | 0.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.49% | +0.57 | 17.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄▃▁▃▄▅█ | Net Interest Margin (%) | 1.25% | 1.30% | 1.29% | 1.25% | 1.28% | 1.30% | 1.32% | 1.36% |
| ▄▆█▁▄▄▇▃ | Return on Assets (%) | 0.21% | 0.24% | 0.26% | 0.17% | 0.21% | 0.21% | 0.24% | 0.20% |
| ▃▁▁█▄▄▄█ | Efficiency Ratio (%) | 76.7% | 74.8% | 74.5% | 81.2% | 77.7% | 77.6% | 77.1% | 80.6% |
| █▅█▃▄▆█▁ | Cost of Funds (%) | 2.90% | 2.87% | 2.90% | 2.85% | 2.85% | 2.88% | 2.89% | 2.83% |
| ▁▁▁▁█▃▁▁ | NPA / Assets (%) | 0.61% | 0.61% | 0.60% | 0.60% | 1.11% | 0.74% | 0.56% | 0.56% |
| ▁▁▁▁█▃▁▁ | Net Charge-Off Ratio (%) | 0.74% | 0.74% | 0.74% | 0.75% | 1.43% | 0.92% | 0.68% | 0.69% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $9 | $9 | $9 | $9 | $9 | $9 | $9 | $9 |
| ██▆▄▁▅▇▅ | Gross Loans ($M) | $86 | $86 | $85 | $84 | $83 | $84 | $85 | $84 |
| ██▄██▇▁▄ | Total Deposits ($M) | $96 | $96 | $95 | $96 | $96 | $96 | $94 | $95 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 100% |