Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.05% | +0.17 | -0.22% |
| Return on Equity (%) | ▲ | -0.55% | +1.82 | -2.37% |
| Net Interest Margin (%) | ▲ | 2.72% | +0.27 | 2.45% |
| Efficiency Ratio (%) | ▲ | 103.17% | -10.61 | 113.77% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.12 | $-0 |
| Cost of Funds (%) | ▲ | 1.84% | -0.21 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $193 | -1.01 | $194 |
| Gross Loans ($M) | ▲ | $137 | +5.20 | $132 |
| Loan Growth YoY (%) | ▲ | 80.03% | +1.19 | 78.84% |
| Total Deposits ($M) | ▲ | $170 | +4.02 | $166 |
| Shareholders Equity ($M) | ▲ | $19 | +0.51 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +0.51 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +0.19 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 80.03% | +1.19 | 78.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.48% | -0.11 | 0.58% |
| Allowance / Loans (%) | — | 1.09% | -0.04% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.67% | -0.18 | 0.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▁▂▄▆█ | Net Interest Margin (%) | 2.52% | 2.49% | 2.46% | 2.45% | 2.48% | 2.57% | 2.62% | 2.72% |
| ██▇▁▄▆▇▇ | Return on Assets (%) | -0.01% | 0.00% | -0.05% | -0.22% | -0.11% | -0.06% | -0.03% | -0.05% |
| ▁▁▂█▄▂▁▁ | Efficiency Ratio (%) | 102.3% | 101.7% | 104.5% | 113.8% | 107.4% | 104.0% | 102.2% | 103.2% |
| ▆█▇▅▃▅▂▁ | Cost of Funds (%) | 2.06% | 2.19% | 2.13% | 2.05% | 1.97% | 2.03% | 1.90% | 1.84% |
| █▇▂▅▃▃▁▁ | NPA / Assets (%) | 0.68% | 0.65% | 0.52% | 0.58% | 0.55% | 0.55% | 0.49% | 0.48% |
| █▆▃▅▃▂▁▁ | Net Charge-Off Ratio (%) | 1.03% | 0.94% | 0.79% | 0.86% | 0.80% | 0.76% | 0.68% | 0.67% |
| ▁▆▂▃▄▇██ | Tang. Book Value ($M) | $18 | $19 | $18 | $18 | $19 | $19 | $19 | $19 |
| ▁▄▁▃▄██▇ | Gross Loans ($M) | $129 | $133 | $129 | $132 | $134 | $139 | $139 | $137 |
| ▄▁▄▄▇▇██ | Total Deposits ($M) | $166 | $163 | $167 | $166 | $169 | $169 | $170 | $170 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 14% |