Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.14% | +0.32 | -0.18% |
| Return on Equity (%) | ▲ | 1.79% | +4.23 | -2.44% |
| Net Interest Margin (%) | ▲ | 2.60% | +0.54 | 2.06% |
| Efficiency Ratio (%) | ▲ | 93.14% | -20.17 | 113.31% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.24 | $-0 |
| Cost of Funds (%) | ▲ | 1.89% | -0.23 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $213 | +6.09 | $207 |
| Gross Loans ($M) | ▲ | $165 | +6.28 | $158 |
| Loan Growth YoY (%) | ▼ | 88.09% | -0.30 | 88.39% |
| Total Deposits ($M) | ▲ | $186 | +7.72 | $178 |
| Shareholders Equity ($M) | ▲ | $17 | +1.04 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +1.04 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +0.97 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 88.09% | -0.30 | 88.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.57% | -0.02% | 0.59% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.26 | 13.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▁▂▄▅█ | Net Interest Margin (%) | 2.15% | 2.12% | 2.12% | 2.06% | 2.17% | 2.28% | 2.36% | 2.60% |
| ▂▃▄▁▃▅▇█ | Return on Assets (%) | -0.11% | -0.08% | -0.05% | -0.18% | -0.07% | 0.00% | 0.08% | 0.14% |
| ▆▆▅█▅▄▂▁ | Efficiency Ratio (%) | 107.6% | 106.1% | 104.6% | 113.3% | 105.6% | 100.8% | 95.9% | 93.1% |
| ▃██▆▃▃▁▁ | Cost of Funds (%) | 1.99% | 2.16% | 2.19% | 2.11% | 1.99% | 1.98% | 1.92% | 1.89% |
| ▁▁▁▁█▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% |
| ▁▅▂▄▅▆██ | Tang. Book Value ($M) | $15 | $16 | $15 | $16 | $16 | $16 | $17 | $17 |
| ▅▅▁▁▆▄█▇ | Gross Loans ($M) | $163 | $162 | $159 | $158 | $164 | $162 | $166 | $165 |
| ▂▁▃▂▅▂▆█ | Total Deposits ($M) | $178 | $177 | $180 | $178 | $182 | $178 | $183 | $186 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 9% |