Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.15% | +0.04 | -0.19% |
| Return on Equity (%) | ▲ | -2.01% | +0.71 | -2.72% |
| Net Interest Margin (%) | ▲ | 2.51% | +0.35 | 2.16% |
| Efficiency Ratio (%) | ▲ | 106.76% | -2.79 | 109.55% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.02 | $-0 |
| Cost of Funds (%) | ▲ | 2.25% | -0.31 | 2.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $156 | -4.84 | $161 |
| Gross Loans ($M) | ▲ | $118 | +2.39 | $115 |
| Loan Growth YoY (%) | ▲ | 92.71% | +5.00 | 87.71% |
| Total Deposits ($M) | ▼ | $126 | -4.51 | $130 |
| Shareholders Equity ($M) | ▼ | $11 | -0.01 | $11 |
| Tang. Book Value ($M) | ▼ | $11 | -0.01 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 92.71% | +5.00 | 87.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.01 | 0.34% |
| Allowance / Loans (%) | — | 0.74% | 0.03% | 0.71% |
| Net Charge-Off Ratio (%) | ▲ | 0.44% | -0.04 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.56% | -0.76 | 12.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▅▆█ | Net Interest Margin (%) | 1.98% | 1.95% | 2.00% | 2.16% | 2.16% | 2.23% | 2.33% | 2.51% |
| ▄▄▁▇▇███ | Return on Assets (%) | -0.42% | -0.41% | -0.66% | -0.19% | -0.20% | -0.14% | -0.11% | -0.15% |
| ▆▆█▂▂▁▁▁ | Efficiency Ratio (%) | 127.0% | 126.1% | 135.7% | 109.5% | 110.5% | 107.9% | 105.7% | 106.8% |
| ███▄▄▅▄▁ | Cost of Funds (%) | 2.90% | 2.91% | 2.95% | 2.57% | 2.56% | 2.64% | 2.56% | 2.25% |
| ▁▁█▅▅▅▅▅ | NPA / Assets (%) | 0.02% | 0.02% | 0.58% | 0.34% | 0.34% | 0.35% | 0.37% | 0.33% |
| ▁▁█▅▅▅▅▅ | Net Charge-Off Ratio (%) | 0.03% | 0.03% | 0.79% | 0.47% | 0.46% | 0.46% | 0.46% | 0.44% |
| ▇█▁▁▁▁▁▁ | Tang. Book Value ($M) | $12 | $12 | $11 | $11 | $11 | $11 | $11 | $11 |
| ▅▄▂▁▇█▇▅ | Gross Loans ($M) | $118 | $117 | $116 | $115 | $119 | $119 | $118 | $118 |
| ██▃▅▆▃▁▃ | Total Deposits ($M) | $137 | $139 | $124 | $130 | $132 | $126 | $118 | $126 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 9% |