Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 3.45% | -0.69 | 4.14% |
| Return on Equity (%) | ▼ | 28.26% | -7.25 | 35.51% |
| Net Interest Margin (%) | ▼ | 4.68% | -0.08 | 4.75% |
| Efficiency Ratio (%) | ▼ | 22.26% | +4.65 | 17.61% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.26 | $1 |
| Cost of Funds (%) | ▲ | 3.28% | -0.17 | 3.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $110 | -8.10 | $118 |
| Gross Loans ($M) | ▼ | $88 | -9.34 | $98 |
| Loan Growth YoY (%) | ▼ | 95.44% | -2.44 | 97.88% |
| Total Deposits ($M) | ▼ | $91 | -7.26 | $99 |
| Shareholders Equity ($M) | ▼ | $13 | -0.21 | $14 |
| Tang. Book Value ($M) | ▼ | $13 | -0.21 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 95.44% | -2.44 | 97.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.03% | -0.37 | 1.40% |
| Allowance / Loans (%) | — | 1.15% | 0.11% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 1.28% | +0.10 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▅▁▁▁▂ | Net Interest Margin (%) | 4.88% | 4.89% | 4.86% | 4.75% | 4.64% | 4.61% | 4.62% | 4.68% |
| ▃▅▄█▄▂▁▁ | Return on Assets (%) | 3.67% | 3.80% | 3.74% | 4.14% | 3.71% | 3.56% | 3.40% | 3.45% |
| ▃▁▁▁▃▅█▆ | Efficiency Ratio (%) | 19.7% | 17.7% | 18.1% | 17.6% | 20.0% | 21.6% | 24.2% | 22.3% |
| ▁▂▅█▇▇█▄ | Cost of Funds (%) | 3.12% | 3.19% | 3.31% | 3.45% | 3.42% | 3.41% | 3.47% | 3.28% |
| ▇██▃▇▇▇▁ | NPA / Assets (%) | 1.89% | 2.14% | 2.15% | 1.40% | 1.90% | 1.94% | 1.90% | 1.03% |
| ███▁▅▅▅▁ | Net Charge-Off Ratio (%) | 2.19% | 2.09% | 2.09% | 1.17% | 1.75% | 1.74% | 1.80% | 1.28% |
| █▂▂▃▁▁▁▁ | Tang. Book Value ($M) | $14 | $14 | $13 | $14 | $13 | $13 | $13 | $13 |
| ▆▆█▇▄▄▂▁ | Gross Loans ($M) | $96 | $96 | $99 | $98 | $93 | $93 | $91 | $88 |
| ▁▂▅██▄▁▁ | Total Deposits ($M) | $91 | $92 | $95 | $99 | $98 | $95 | $91 | $91 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 42% |
| Brokered / Other | 56% |