Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.20% | -0.06 | 0.26% |
| Return on Equity (%) | ▼ | 0.74% | -0.22 | 0.96% |
| Net Interest Margin (%) | ▼ | 3.69% | -0.19 | 3.88% |
| Efficiency Ratio (%) | ▼ | 94.39% | +1.82 | 92.57% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.02 | $0 |
| Cost of Funds (%) | ▼ | 0.92% | +0.07 | 0.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $109 | +4.76 | $104 |
| Gross Loans ($M) | ▼ | $66 | -1.21 | $68 |
| Loan Growth YoY (%) | ▼ | 88.65% | -7.28 | 95.92% |
| Total Deposits ($M) | ▲ | $72 | +4.22 | $68 |
| Shareholders Equity ($M) | ▲ | $29 | +0.55 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +0.55 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 88.65% | -7.28 | 95.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.08 | 0.24% |
| Allowance / Loans (%) | — | 3.59% | 0.06% | 3.53% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.10 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▂▂▂▂▁ | Net Interest Margin (%) | 5.13% | 4.86% | 4.65% | 3.88% | 3.89% | 3.90% | 3.88% | 3.69% |
| █▇▃▁▁▂▁▁ | Return on Assets (%) | 1.84% | 1.60% | 0.69% | 0.26% | 0.36% | 0.45% | 0.21% | 0.20% |
| ▁▁▅█▇▇██ | Efficiency Ratio (%) | 62.0% | 64.8% | 79.4% | 92.6% | 89.5% | 87.1% | 94.6% | 94.4% |
| ▁▁▂▄▅██▇ | Cost of Funds (%) | 0.79% | 0.81% | 0.82% | 0.85% | 0.87% | 0.93% | 0.94% | 0.92% |
| ▁▇███▆▅▅ | NPA / Assets (%) | 0.06% | 0.21% | 0.22% | 0.24% | 0.23% | 0.17% | 0.15% | 0.16% |
| ▁▇███▆▅▆ | Net Charge-Off Ratio (%) | 0.10% | 0.32% | 0.34% | 0.37% | 0.37% | 0.27% | 0.25% | 0.27% |
| ▁▄▂▃▄▆▇█ | Tang. Book Value ($M) | $28 | $28 | $28 | $28 | $28 | $28 | $29 | $29 |
| ▇█▄▅▁▄▁▁ | Gross Loans ($M) | $68 | $69 | $67 | $68 | $67 | $67 | $66 | $66 |
| ▆▁▃▁▇▅▅█ | Total Deposits ($M) | $71 | $68 | $69 | $68 | $71 | $70 | $70 | $72 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 6% |