Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.10% | +0.87 | -0.77% |
| Return on Equity (%) | ▲ | 0.52% | +4.79 | -4.27% |
| Net Interest Margin (%) | ▲ | 2.99% | +0.41 | 2.58% |
| Efficiency Ratio (%) | ▲ | 96.70% | -47.97 | 144.66% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.71 | $-1 |
| Cost of Funds (%) | ▲ | 1.94% | -0.26 | 2.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $220 | -17.36 | $237 |
| Gross Loans ($M) | ▼ | $198 | -19.49 | $218 |
| Loan Growth YoY (%) | ▼ | 111.64% | -4.82 | 116.46% |
| Total Deposits ($M) | ▼ | $176 | -9.43 | $186 |
| Shareholders Equity ($M) | ▼ | $41 | -0.84 | $42 |
| Tang. Book Value ($M) | ▼ | $41 | -0.84 | $42 |
| Loan / Deposit Ratio (%) | ▼ | 111.64% | -4.82 | 116.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.66% | 0.06% | 0.60% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.04% | +2.40 | 21.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▄▅█ | Net Interest Margin (%) | 2.43% | 2.41% | 2.42% | 2.58% | 2.60% | 2.63% | 2.70% | 2.99% |
| ▇▇▇▃▁▃▄█ | Return on Assets (%) | -0.20% | -0.22% | -0.22% | -0.77% | -1.23% | -0.84% | -0.58% | 0.10% |
| ▄▄▄█▅▄▃▁ | Efficiency Ratio (%) | 115.7% | 116.4% | 115.4% | 144.7% | 124.6% | 116.8% | 110.5% | 96.7% |
| ▇██▅▇▅▄▁ | Cost of Funds (%) | 2.29% | 2.37% | 2.33% | 2.20% | 2.27% | 2.18% | 2.10% | 1.94% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ██▇▅▁▁▁▁ | Tang. Book Value ($M) | $43 | $43 | $42 | $42 | $41 | $41 | $41 | $41 |
| ▅▅▆█▇▅▁▁ | Gross Loans ($M) | $209 | $209 | $211 | $218 | $215 | $210 | $199 | $198 |
| ▄▄▄█▇▆▁▁ | Total Deposits ($M) | $179 | $180 | $181 | $186 | $184 | $182 | $176 | $176 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 30% |