Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.25% | +0.98 | -0.73% |
| Return on Equity (%) | ▲ | 2.79% | +11.64 | -8.85% |
| Net Interest Margin (%) | ▲ | 2.76% | +0.25 | 2.51% |
| Efficiency Ratio (%) | ▲ | 90.67% | -44.68 | 135.34% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.39 | $-0 |
| Cost of Funds (%) | ▲ | 1.15% | -0.31 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $161 | +1.94 | $159 |
| Gross Loans ($M) | ▼ | $75 | -6.63 | $82 |
| Loan Growth YoY (%) | ▼ | 51.21% | -5.02 | 56.23% |
| Total Deposits ($M) | ▲ | $145 | +1.18 | $144 |
| Shareholders Equity ($M) | ▲ | $14 | +1.01 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.01 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +0.77 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 51.21% | -5.02 | 56.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.05 | 0.01% |
| Allowance / Loans (%) | — | 1.38% | 0.10% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.11 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▁▃▄▄▄ | Net Interest Margin (%) | 3.02% | 3.00% | 2.88% | 2.51% | 2.69% | 2.73% | 2.73% | 2.76% |
| ▅▆▅▁▄▄▆█ | Return on Assets (%) | -0.21% | -0.08% | -0.20% | -0.73% | -0.34% | -0.25% | -0.09% | 0.25% |
| ▁▁▃█▅▄▄▁ | Efficiency Ratio (%) | 91.7% | 95.5% | 103.1% | 135.3% | 113.4% | 109.4% | 108.2% | 90.7% |
| ▁▄▅█▅▆▆▃ | Cost of Funds (%) | 0.99% | 1.18% | 1.26% | 1.46% | 1.27% | 1.33% | 1.33% | 1.15% |
| ██▇▁▁▁▁▁ | NPA / Assets (%) | 0.57% | 0.61% | 0.47% | 0.01% | 0.00% | 0.00% | 0.05% | 0.06% |
| ▆█▁▁▁▁▄▆ | Net Charge-Off Ratio (%) | 0.14% | 0.20% | 0.00% | 0.02% | 0.00% | 0.00% | 0.10% | 0.13% |
| ▁▆▁▂▃▆█▇ | Tang. Book Value ($M) | $13 | $14 | $13 | $13 | $13 | $14 | $14 | $14 |
| █▇▆▅▃▁▁▁ | Gross Loans ($M) | $87 | $85 | $84 | $82 | $79 | $77 | $76 | $75 |
| ▂▁▆▇█▅▅█ | Total Deposits ($M) | $135 | $131 | $142 | $144 | $146 | $139 | $141 | $145 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 12% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 23% |