Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.14% | +0.20 | -0.06% |
| Return on Equity (%) | ▲ | 0.94% | +1.29 | -0.35% |
| Net Interest Margin (%) | ▼ | 3.29% | -0.00 | 3.30% |
| Efficiency Ratio (%) | ▲ | 94.53% | -7.65 | 102.18% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $-0 |
| Cost of Funds (%) | ▼ | 1.43% | +0.19 | 1.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $172 | +10.72 | $161 |
| Gross Loans ($M) | ▼ | $144 | -1.23 | $145 |
| Loan Growth YoY (%) | ▼ | 109.03% | -7.14 | 116.17% |
| Total Deposits ($M) | ▲ | $132 | +7.05 | $125 |
| Shareholders Equity ($M) | ▲ | $26 | +0.30 | $26 |
| Tang. Book Value ($M) | ▲ | $26 | +0.35 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 109.03% | -7.14 | 116.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.24 | 0.08% |
| Allowance / Loans (%) | — | 0.24% | -0.01% | 0.24% |
| Net Charge-Off Ratio (%) | ▼ | 0.22% | +0.13 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 29.34% | +0.54 | 28.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅██▆▅ | Net Interest Margin (%) | 3.25% | 3.26% | 3.27% | 3.30% | 3.33% | 3.32% | 3.31% | 3.29% |
| ▁▃▄▃▂▅▆█ | Return on Assets (%) | -0.15% | -0.05% | -0.03% | -0.06% | -0.08% | 0.02% | 0.06% | 0.14% |
| █▆▅▆▇▄▃▁ | Efficiency Ratio (%) | 105.5% | 101.8% | 101.0% | 102.2% | 102.9% | 99.0% | 97.8% | 94.5% |
| ▁▄▅▄▆▇█▇ | Cost of Funds (%) | 1.00% | 1.21% | 1.26% | 1.24% | 1.32% | 1.41% | 1.49% | 1.43% |
| ▁▁▂▂▂▅██ | NPA / Assets (%) | 0.00% | 0.00% | 0.08% | 0.08% | 0.07% | 0.20% | 0.32% | 0.32% |
| ▁▁▄▄▁▆██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.08% | 0.09% | 0.00% | 0.16% | 0.22% | 0.22% |
| ▁▃▂▃▃▆██ | Tang. Book Value ($M) | $26 | $26 | $26 | $26 | $26 | $26 | $26 | $26 |
| ▄▄█▃▆▂▄▁ | Gross Loans ($M) | $146 | $145 | $148 | $145 | $147 | $145 | $145 | $144 |
| ▂▁▂▂▁▃▇█ | Total Deposits ($M) | $125 | $124 | $125 | $125 | $123 | $126 | $130 | $132 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 13% |