Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.30% | -0.09 | -0.21% |
| Return on Equity (%) | ▼ | -3.03% | -0.81 | -2.22% |
| Net Interest Margin (%) | ▲ | 2.92% | +0.51 | 2.41% |
| Efficiency Ratio (%) | ▲ | 104.80% | -4.61 | 109.42% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.03 | $-0 |
| Cost of Funds (%) | ▲ | 2.31% | -0.29 | 2.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $125 | -7.85 | $133 |
| Gross Loans ($M) | ▼ | $80 | -1.54 | $81 |
| Loan Growth YoY (%) | ▼ | 84.74% | -3.41 | 88.15% |
| Total Deposits ($M) | ▲ | $94 | +2.00 | $92 |
| Shareholders Equity ($M) | ▼ | $12 | -0.28 | $13 |
| Tang. Book Value ($M) | ▼ | $12 | -0.28 | $13 |
| TBV excl. AOCI ($M)** | ▼ | $14 | -0.38 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 84.74% | -3.41 | 88.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.51% | +0.16 | 0.35% |
| Allowance / Loans (%) | — | 0.32% | -0.12% | 0.45% |
| Net Charge-Off Ratio (%) | ▼ | 0.65% | +0.10 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.30% | +0.38 | 24.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▄▅█ | Net Interest Margin (%) | 2.40% | 2.34% | 2.36% | 2.41% | 2.52% | 2.59% | 2.67% | 2.92% |
| ▁▁▃██▇█▇ | Return on Assets (%) | -0.54% | -0.57% | -0.44% | -0.21% | -0.25% | -0.28% | -0.23% | -0.30% |
| ▇█▆▆▂▁▁▁ | Efficiency Ratio (%) | 110.4% | 111.8% | 109.4% | 109.4% | 105.1% | 104.8% | 104.1% | 104.8% |
| ███▅▄▅▂▁ | Cost of Funds (%) | 2.84% | 2.84% | 2.84% | 2.59% | 2.56% | 2.58% | 2.38% | 2.31% |
| ▁▁▅▆▅▇██ | NPA / Assets (%) | 0.00% | 0.03% | 0.30% | 0.35% | 0.26% | 0.39% | 0.46% | 0.51% |
| ▁▁▇▇▆▆██ | Net Charge-Off Ratio (%) | 0.00% | 0.05% | 0.51% | 0.55% | 0.42% | 0.49% | 0.58% | 0.65% |
| █▇▄▃▁▂▃▁ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $12 | $12 | $13 | $12 |
| █▅▂▃▇▃▂▁ | Gross Loans ($M) | $86 | $83 | $81 | $81 | $84 | $81 | $81 | $80 |
| ▁█▄▂▇▇█▅ | Total Deposits ($M) | $91 | $95 | $93 | $92 | $95 | $95 | $96 | $94 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 15% |