Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.09% | +0.18 | -0.09% |
| Return on Equity (%) | ▲ | 0.64% | +1.31 | -0.67% |
| Net Interest Margin (%) | ▲ | 2.58% | +0.17 | 2.41% |
| Efficiency Ratio (%) | ▲ | 95.64% | -8.60 | 104.24% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $-0 |
| Cost of Funds (%) | ▲ | 1.72% | -0.03 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $131 | +2.22 | $129 |
| Gross Loans ($M) | ▲ | $78 | +2.48 | $75 |
| Loan Growth YoY (%) | ▲ | 77.79% | +0.94 | 76.85% |
| Total Deposits ($M) | ▲ | $99 | +2.02 | $97 |
| Shareholders Equity ($M) | ▲ | $19 | +1.07 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +1.08 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +0.97 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 77.79% | +0.94 | 76.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.15 | 0.15% |
| Allowance / Loans (%) | — | 0.86% | -0.03% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.26 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -33.46 | 33.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▄▁▃▄▅█ | Net Interest Margin (%) | 2.47% | 2.48% | 2.48% | 2.41% | 2.47% | 2.47% | 2.50% | 2.58% |
| ▁▂▃▃▄▄▅█ | Return on Assets (%) | -0.19% | -0.12% | -0.11% | -0.09% | -0.06% | -0.08% | -0.03% | 0.09% |
| █▇▇▆▆▇▅▁ | Efficiency Ratio (%) | 107.1% | 105.0% | 104.5% | 104.2% | 103.7% | 104.6% | 101.7% | 95.6% |
| ▁▃█▇▅██▆ | Cost of Funds (%) | 1.59% | 1.64% | 1.76% | 1.75% | 1.71% | 1.78% | 1.76% | 1.72% |
| ▅▄▂▆▆▁█▁ | NPA / Assets (%) | 0.12% | 0.08% | 0.03% | 0.15% | 0.15% | 0.02% | 0.22% | 0.00% |
| ▅▄▂▆▆▁█▁ | Net Charge-Off Ratio (%) | 0.23% | 0.15% | 0.05% | 0.26% | 0.25% | 0.04% | 0.36% | 0.00% |
| ▁▆▁▄▄███ | Tang. Book Value ($M) | $17 | $18 | $17 | $18 | $18 | $19 | $19 | $19 |
| ▁▂▄▅████ | Gross Loans ($M) | $70 | $72 | $74 | $75 | $78 | $78 | $78 | $78 |
| ▁▁▂▅▄█▆█ | Total Deposits ($M) | $94 | $94 | $95 | $97 | $96 | $99 | $97 | $99 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 89% |
| Brokered / Other | 8% |