Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.74% | +0.10 | 0.64% |
| Return on Equity (%) | ▲ | 3.04% | +0.57 | 2.47% |
| Net Interest Margin (%) | ▼ | 3.98% | -0.05 | 4.04% |
| Efficiency Ratio (%) | ▲ | 74.28% | -2.63 | 76.91% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▼ | 2.26% | +0.17 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $119 | +3.14 | $115 |
| Gross Loans ($M) | ▼ | $96 | -7.26 | $104 |
| Loan Growth YoY (%) | ▼ | 108.75% | -20.57 | 129.32% |
| Total Deposits ($M) | ▲ | $87 | +8.31 | $79 |
| Shareholders Equity ($M) | ▲ | $30 | +0.42 | $29 |
| Tang. Book Value ($M) | ▲ | $29 | +0.42 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 108.75% | -20.57 | 129.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.50% | -0.13 | 0.63% |
| Allowance / Loans (%) | — | 1.50% | 0.06% | 1.45% |
| Net Charge-Off Ratio (%) | ▲ | 0.61% | -0.09 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 34.55% | +3.24 | 31.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▇▆▄▁▁▄ | Net Interest Margin (%) | 4.06% | 4.11% | 4.06% | 4.04% | 3.99% | 3.88% | 3.91% | 3.98% |
| ▇▆▁▇▇▇▁█ | Return on Assets (%) | 0.65% | 0.60% | 0.26% | 0.64% | 0.66% | 0.67% | 0.31% | 0.74% |
| ▂▄█▂▁▁▇▁ | Efficiency Ratio (%) | 77.1% | 81.3% | 92.2% | 76.9% | 76.2% | 74.9% | 88.4% | 74.3% |
| ▁▂▃▂▅██▆ | Cost of Funds (%) | 2.03% | 2.10% | 2.14% | 2.09% | 2.22% | 2.32% | 2.35% | 2.26% |
| ▁▅██▆▃▃▄ | NPA / Assets (%) | 0.40% | 0.54% | 0.66% | 0.63% | 0.58% | 0.47% | 0.47% | 0.50% |
| ▁▅█▇▇▄▅▅ | Net Charge-Off Ratio (%) | 0.46% | 0.62% | 0.74% | 0.70% | 0.68% | 0.57% | 0.61% | 0.61% |
| ▁▃▁▃▆█▆█ | Tang. Book Value ($M) | $28 | $28 | $28 | $28 | $28 | $29 | $28 | $29 |
| ▁▁▂▆██▁▁ | Gross Loans ($M) | $97 | $97 | $98 | $104 | $107 | $107 | $97 | $96 |
| ▁▁▁▂▆██▅ | Total Deposits ($M) | $77 | $76 | $77 | $79 | $89 | $95 | $94 | $87 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 30% |