Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.21% | +0.16 | 0.05% |
| Return on Equity (%) | ▲ | 1.46% | +1.15 | 0.31% |
| Net Interest Margin (%) | ▲ | 2.54% | +0.33 | 2.21% |
| Efficiency Ratio (%) | ▲ | 89.99% | -8.84 | 98.83% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 2.13% | -0.14 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $150 | +10.54 | $139 |
| Gross Loans ($M) | ▲ | $123 | +7.70 | $115 |
| Loan Growth YoY (%) | ▼ | 104.31% | -0.71 | 105.03% |
| Total Deposits ($M) | ▲ | $117 | +8.11 | $109 |
| Shareholders Equity ($M) | ▲ | $21 | +0.16 | $21 |
| Tang. Book Value ($M) | ▲ | $21 | +0.16 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 104.31% | -0.71 | 105.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.37 | 0.73% |
| Allowance / Loans (%) | — | 0.85% | -0.04% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.44% | -0.44 | 0.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 1.92% | 1.93% | 1.99% | 2.21% | 2.27% | 2.36% | 2.44% | 2.54% |
| ▁▁▁▅▅▇██ | Return on Assets (%) | -0.14% | -0.14% | -0.11% | 0.05% | 0.07% | 0.13% | 0.18% | 0.21% |
| ██▇▄▃▂▁▁ | Efficiency Ratio (%) | 112.2% | 112.0% | 109.4% | 98.8% | 97.2% | 94.2% | 90.7% | 90.0% |
| ▆█▇▃▃▁▁▁ | Cost of Funds (%) | 2.44% | 2.57% | 2.50% | 2.27% | 2.27% | 2.16% | 2.11% | 2.13% |
| █▇▇▇▂▂▁▁ | NPA / Assets (%) | 0.84% | 0.77% | 0.73% | 0.73% | 0.47% | 0.45% | 0.37% | 0.36% |
| ██▇▇▃▂▁▁ | Net Charge-Off Ratio (%) | 0.97% | 0.93% | 0.88% | 0.88% | 0.57% | 0.56% | 0.43% | 0.44% |
| ▅▆▅▁▁▄█▆ | Tang. Book Value ($M) | $21 | $21 | $21 | $21 | $21 | $21 | $21 | $21 |
| ▄▂▃▃▂▁█▇ | Gross Loans ($M) | $118 | $114 | $115 | $115 | $113 | $111 | $126 | $123 |
| ▁▁▂▂▂▂▇█ | Total Deposits ($M) | $106 | $107 | $108 | $109 | $107 | $108 | $115 | $117 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 36% |