Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.06% | +0.02 | 0.04% |
| Return on Equity (%) | ▲ | 0.20% | +0.06 | 0.14% |
| Net Interest Margin (%) | ▲ | 2.39% | +0.22 | 2.17% |
| Efficiency Ratio (%) | ▲ | 98.97% | -2.12 | 101.09% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $-0 |
| Cost of Funds (%) | ▲ | 1.57% | -0.11 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $116 | -3.21 | $119 |
| Gross Loans ($M) | ▼ | $83 | -3.47 | $87 |
| Loan Growth YoY (%) | ▲ | 101.69% | +0.09 | 101.60% |
| Total Deposits ($M) | ▼ | $81 | -3.44 | $85 |
| Shareholders Equity ($M) | ▲ | $34 | +0.12 | $34 |
| Tang. Book Value ($M) | ▲ | $34 | +0.12 | $34 |
| TBV excl. AOCI ($M)** | ▼ | $36 | -0.06 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 101.69% | +0.09 | 101.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.00 | 0.07% |
| Allowance / Loans (%) | — | 0.71% | -0.02% | 0.73% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.01 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▅▆█ | Net Interest Margin (%) | 2.11% | 2.14% | 2.13% | 2.17% | 2.23% | 2.28% | 2.31% | 2.39% |
| ▁▄▆▃▃▄█▅ | Return on Assets (%) | 0.01% | 0.05% | 0.07% | 0.04% | 0.04% | 0.05% | 0.10% | 0.06% |
| █▃█▅▄▃▁▁ | Efficiency Ratio (%) | 103.1% | 100.3% | 103.2% | 101.1% | 101.0% | 100.1% | 99.3% | 99.0% |
| ▃▇█▅▅▅▃▁ | Cost of Funds (%) | 1.62% | 1.71% | 1.75% | 1.68% | 1.68% | 1.67% | 1.62% | 1.57% |
| ▁███████ | NPA / Assets (%) | 0.00% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| ▁███████ | Net Charge-Off Ratio (%) | 0.00% | 0.09% | 0.09% | 0.09% | 0.10% | 0.10% | 0.10% | 0.10% |
| ▁▂▄▄▄▅██ | Tang. Book Value ($M) | $34 | $34 | $34 | $34 | $34 | $34 | $34 | $34 |
| █▇▅▅▆▄▂▁ | Gross Loans ($M) | $89 | $88 | $87 | $87 | $87 | $86 | $84 | $83 |
| █▅▅▅▄▂▁▁ | Total Deposits ($M) | $88 | $85 | $85 | $85 | $84 | $82 | $81 | $81 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 1% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 12% |