Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.47% | -0.17 | 0.64% |
| Return on Equity (%) | ▼ | 4.89% | -2.08 | 6.97% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.10 | 3.44% |
| Efficiency Ratio (%) | ▼ | 83.54% | +5.97 | 77.58% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.05 | $0 |
| Cost of Funds (%) | ▲ | 2.28% | -0.30 | 2.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $102 | -1.32 | $103 |
| Gross Loans ($M) | ▼ | $88 | -3.40 | $92 |
| Loan Growth YoY (%) | ▼ | 103.10% | -5.35 | 108.45% |
| Total Deposits ($M) | ▲ | $85 | +1.05 | $84 |
| Shareholders Equity ($M) | ▲ | $10 | +0.42 | $10 |
| Tang. Book Value ($M) | ▲ | $10 | +0.44 | $9 |
| Loan / Deposit Ratio (%) | ▼ | 103.10% | -5.35 | 108.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.63% | +1.63 | 0.00% |
| Allowance / Loans (%) | — | 0.71% | 0.04% | 0.67% |
| Net Charge-Off Ratio (%) | ▼ | 1.88% | +1.88 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.30% | +0.51 | 13.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇▇███ | Net Interest Margin (%) | 3.07% | 3.11% | 3.14% | 3.44% | 3.47% | 3.52% | 3.54% | 3.54% |
| ▁▁▁█▇▇▄▅ | Return on Assets (%) | 0.33% | 0.33% | 0.30% | 0.64% | 0.58% | 0.58% | 0.45% | 0.47% |
| ███▁▂▂▅▅ | Efficiency Ratio (%) | 87.3% | 87.2% | 88.3% | 77.6% | 79.6% | 79.7% | 84.1% | 83.5% |
| ▇██▆▂▃▂▁ | Cost of Funds (%) | 2.66% | 2.73% | 2.69% | 2.58% | 2.35% | 2.45% | 2.38% | 2.28% |
| ▁▁▂▁▃▄▃█ | NPA / Assets (%) | 0.00% | 0.00% | 0.39% | 0.00% | 0.59% | 0.62% | 0.61% | 1.63% |
| ▁▁▂▁▃▄▄█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.44% | 0.00% | 0.66% | 0.71% | 0.71% | 1.88% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $9 | $9 | $9 | $9 | $10 | $10 | $10 | $10 |
| ▆██▆▇▄▄▁ | Gross Loans ($M) | $91 | $93 | $93 | $92 | $92 | $90 | $90 | $88 |
| ▁▄▆▆▇▆█▇ | Total Deposits ($M) | $79 | $82 | $84 | $84 | $85 | $84 | $86 | $85 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 22% |