Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.55% | -0.08 | 0.63% |
| Return on Equity (%) | ▲ | 4.80% | +0.17 | 4.63% |
| Net Interest Margin (%) | ▼ | 3.56% | -0.93 | 4.49% |
| Efficiency Ratio (%) | ▲ | 80.49% | -0.98 | 81.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▼ | 2.02% | +0.30 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $336 | +68.00 | $268 |
| Gross Loans ($M) | ▲ | $227 | +4.51 | $222 |
| Loan Growth YoY (%) | ▼ | 76.39% | -20.10 | 96.49% |
| Total Deposits ($M) | ▲ | $291 | +65.33 | $225 |
| Shareholders Equity ($M) | ▲ | $38 | +1.61 | $37 |
| Tang. Book Value ($M) | ▲ | $38 | +1.61 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 76.39% | -20.10 | 96.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.52% | -0.47 | 0.99% |
| Allowance / Loans (%) | — | 2.03% | -0.10% | 2.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.77% | -0.43 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.50% | -1.20 | 19.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▇███▇▁ | Net Interest Margin (%) | 4.35% | 4.45% | 4.39% | 4.49% | 4.49% | 4.53% | 4.35% | 3.56% |
| ███▃▅▇▅▁ | Return on Assets (%) | 0.80% | 0.80% | 0.82% | 0.63% | 0.72% | 0.77% | 0.70% | 0.55% |
| ▁▁▃█▁▅▅▆ | Efficiency Ratio (%) | 78.5% | 78.7% | 79.5% | 81.5% | 78.5% | 80.2% | 80.0% | 80.5% |
| ▁▄█▂▄▄██ | Cost of Funds (%) | 1.66% | 1.81% | 2.03% | 1.71% | 1.81% | 1.84% | 2.02% | 2.02% |
| ██▇▇▅▁▁▃ | NPA / Assets (%) | 1.21% | 1.18% | 0.97% | 0.99% | 0.77% | 0.26% | 0.25% | 0.52% |
| ██▆▆▅▁▁▃ | Net Charge-Off Ratio (%) | 1.52% | 1.44% | 1.19% | 1.20% | 0.98% | 0.35% | 0.35% | 0.77% |
| ▁▂▃▄▆▇▇█ | Tang. Book Value ($M) | $35 | $36 | $36 | $37 | $37 | $38 | $38 | $38 |
| ▁▄▃▆████ | Gross Loans ($M) | $214 | $220 | $217 | $222 | $226 | $225 | $225 | $227 |
| ▂▁▁▁▃▅▆█ | Total Deposits ($M) | $227 | $225 | $218 | $225 | $238 | $259 | $267 | $291 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 19% |