Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.24% | -0.23 | 0.47% |
| Return on Equity (%) | ▼ | 1.34% | -1.40 | 2.74% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.08 | 4.36% |
| Efficiency Ratio (%) | ▼ | 92.06% | +6.95 | 85.11% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.26 | $1 |
| Cost of Funds (%) | ▲ | 1.10% | -0.19 | 1.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $319 | -6.18 | $325 |
| Gross Loans ($M) | ▼ | $249 | -6.13 | $255 |
| Loan Growth YoY (%) | ▼ | 95.36% | -0.13 | 95.49% |
| Total Deposits ($M) | ▼ | $258 | -5.98 | $264 |
| Shareholders Equity ($M) | ▲ | $57 | +0.99 | $56 |
| Tang. Book Value ($M) | ▲ | $55 | +1.20 | $53 |
| Loan / Deposit Ratio (%) | ▼ | 95.36% | -0.13 | 95.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.12 | 0.41% |
| Allowance / Loans (%) | — | 1.17% | -0.00% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.61% | +0.16 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 33.47% | +1.59 | 31.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃█▁▄▂▅▅ | Net Interest Margin (%) | 4.40% | 4.40% | 4.49% | 4.36% | 4.42% | 4.38% | 4.43% | 4.43% |
| ▆▆█▅▅▄▃▁ | Return on Assets (%) | 0.52% | 0.50% | 0.63% | 0.47% | 0.48% | 0.42% | 0.36% | 0.24% |
| ▂▂▁▃▃▅▆█ | Efficiency Ratio (%) | 84.2% | 84.5% | 82.2% | 85.1% | 85.3% | 87.6% | 88.8% | 92.1% |
| ▆██▇▇▆▆▁ | Cost of Funds (%) | 1.26% | 1.35% | 1.33% | 1.29% | 1.31% | 1.28% | 1.29% | 1.10% |
| ▄▄█▁▅█▁▅ | NPA / Assets (%) | 0.51% | 0.52% | 0.61% | 0.41% | 0.52% | 0.63% | 0.43% | 0.53% |
| ▃▃▆▁▅█▁▅ | Net Charge-Off Ratio (%) | 0.56% | 0.56% | 0.68% | 0.45% | 0.61% | 0.75% | 0.46% | 0.61% |
| ▁▂▄▅▆▇▇█ | Tang. Book Value ($M) | $52 | $52 | $53 | $53 | $54 | $54 | $54 | $55 |
| ██▇▄▁▁▄▁ | Gross Loans ($M) | $261 | $262 | $259 | $255 | $250 | $249 | $254 | $249 |
| ▇▄▃▆▇█▁▃ | Total Deposits ($M) | $265 | $260 | $258 | $264 | $265 | $267 | $254 | $258 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 6% |