Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.37% | -1.01 | 0.63% |
| Return on Equity (%) | ▼ | -5.04% | -13.63 | 8.59% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.07 | 3.90% |
| Efficiency Ratio (%) | ▼ | 97.13% | +12.86 | 84.27% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.52 | $1 |
| Cost of Funds (%) | ▼ | 1.66% | +0.01 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $440 | +26.54 | $413 |
| Gross Loans ($M) | ▲ | $356 | +15.94 | $340 |
| Loan Growth YoY (%) | ▼ | 88.02% | -1.62 | 89.64% |
| Total Deposits ($M) | ▲ | $401 | +25.06 | $376 |
| Shareholders Equity ($M) | ▲ | $31 | +1.00 | $30 |
| Tang. Book Value ($M) | ▲ | $31 | +0.98 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 88.02% | -1.62 | 89.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.56% | +0.22 | 0.34% |
| Allowance / Loans (%) | — | 0.94% | -0.05% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.69% | +0.28 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.74% | -0.21 | 10.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▄▇██▆ | Net Interest Margin (%) | 3.70% | 3.79% | 3.86% | 3.90% | 4.04% | 4.07% | 4.12% | 3.96% |
| ▇▇▇▇▇▇█▁ | Return on Assets (%) | 0.69% | 0.70% | 0.63% | 0.63% | 0.75% | 0.76% | 0.93% | -0.37% |
| ▂▂▂▃▂▂▁█ | Efficiency Ratio (%) | 82.6% | 82.5% | 82.3% | 84.3% | 82.0% | 81.9% | 78.4% | 97.1% |
| ▁▂▃▆██▇▇ | Cost of Funds (%) | 1.47% | 1.53% | 1.56% | 1.65% | 1.72% | 1.71% | 1.68% | 1.66% |
| ▁▅▅▅▅███ | NPA / Assets (%) | 0.00% | 0.35% | 0.34% | 0.34% | 0.33% | 0.57% | 0.56% | 0.56% |
| ▁▅▅▅▅███ | Net Charge-Off Ratio (%) | 0.00% | 0.42% | 0.41% | 0.41% | 0.39% | 0.68% | 0.68% | 0.69% |
| ▁▁▁▁▂▄█▅ | Tang. Book Value ($M) | $30 | $30 | $30 | $30 | $30 | $31 | $32 | $31 |
| ▁▃▅▅█▆▆█ | Gross Loans ($M) | $318 | $331 | $337 | $340 | $353 | $342 | $345 | $356 |
| ▂▂▁▅▅▅▅█ | Total Deposits ($M) | $353 | $352 | $344 | $376 | $379 | $373 | $378 | $401 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 8% |