Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.10% | -0.01 | 0.11% |
| Return on Equity (%) | ▼ | 1.04% | -0.11 | 1.15% |
| Net Interest Margin (%) | ▲ | 2.63% | +0.11 | 2.51% |
| Efficiency Ratio (%) | ▼ | 98.21% | +1.32 | 96.88% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.97% | -0.19 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $419 | -11.91 | $431 |
| Gross Loans ($M) | ▼ | $298 | -15.90 | $314 |
| Loan Growth YoY (%) | ▼ | 98.47% | -2.88 | 101.35% |
| Total Deposits ($M) | ▼ | $300 | -7.09 | $308 |
| Shareholders Equity ($M) | ▲ | $41 | +0.58 | $41 |
| Tang. Book Value ($M) | ▲ | $41 | +0.62 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +0.37 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 98.47% | -2.88 | 101.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.12 | 0.12% |
| Allowance / Loans (%) | — | 0.60% | 0.01% | 0.59% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.17 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.79% | +0.87 | 15.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇▇▇▇█ | Net Interest Margin (%) | 2.08% | 2.11% | 2.16% | 2.51% | 2.53% | 2.54% | 2.53% | 2.63% |
| ▁▂▄▇███▇ | Return on Assets (%) | -0.07% | -0.04% | 0.01% | 0.11% | 0.14% | 0.14% | 0.14% | 0.10% |
| █▇▅▂▁▁▁▃ | Efficiency Ratio (%) | 106.7% | 104.3% | 101.7% | 96.9% | 95.3% | 95.6% | 95.5% | 98.2% |
| ▇██▅▅▇▅▁ | Cost of Funds (%) | 2.25% | 2.29% | 2.28% | 2.16% | 2.15% | 2.22% | 2.16% | 1.97% |
| ▁▁████▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.12% | 0.12% | 0.13% | 0.13% | 0.00% | 0.00% |
| ▁▁████▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.17% | 0.17% | 0.17% | 0.17% | 0.00% | 0.00% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $40 | $40 | $40 | $41 | $41 | $41 | $41 | $41 |
| ███▆▅▄▃▁ | Gross Loans ($M) | $321 | $320 | $321 | $314 | $312 | $309 | $304 | $298 |
| █▃▃▄▂▁▂▃ | Total Deposits ($M) | $325 | $302 | $303 | $308 | $297 | $291 | $298 | $300 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 12% |