Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.50% | -0.41 | 1.90% |
| Return on Equity (%) | ▼ | 9.46% | -3.51 | 12.97% |
| Net Interest Margin (%) | ▼ | 4.19% | -0.16 | 4.34% |
| Efficiency Ratio (%) | ▼ | 55.08% | +4.44 | 50.63% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.32% | -0.05 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $222 | +8.91 | $213 |
| Gross Loans ($M) | ▼ | $141 | -7.17 | $148 |
| Loan Growth YoY (%) | ▼ | 74.64% | -5.93 | 80.58% |
| Total Deposits ($M) | ▲ | $186 | +4.99 | $181 |
| Shareholders Equity ($M) | ▲ | $35 | +3.74 | $31 |
| Tang. Book Value ($M) | ▲ | $35 | +3.74 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +4.10 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 74.64% | -5.93 | 80.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.06 | 0.14% |
| Allowance / Loans (%) | — | 1.58% | -0.03% | 1.62% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.07 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▇▅██▅ | Net Interest Margin (%) | 3.91% | 3.87% | 3.93% | 4.34% | 4.22% | 4.45% | 4.39% | 4.19% |
| ▁▁▁▆▄█▇▃ | Return on Assets (%) | 1.22% | 1.20% | 1.22% | 1.90% | 1.62% | 2.23% | 2.01% | 1.50% |
| ██▇▁▂▁▁▄ | Efficiency Ratio (%) | 62.1% | 60.7% | 60.3% | 50.6% | 51.7% | 50.2% | 51.6% | 55.1% |
| ▁▄█▄▅▄▃▁ | Cost of Funds (%) | 1.33% | 1.37% | 1.45% | 1.37% | 1.40% | 1.37% | 1.35% | 1.32% |
| █▆▆▄▃▂▃▁ | NPA / Assets (%) | 0.20% | 0.17% | 0.16% | 0.14% | 0.12% | 0.10% | 0.11% | 0.08% |
| █▇▆▄▃▂▃▁ | Net Charge-Off Ratio (%) | 0.28% | 0.24% | 0.23% | 0.20% | 0.18% | 0.16% | 0.17% | 0.13% |
| ▁▂▂▄▅▇██ | Tang. Book Value ($M) | $28 | $30 | $30 | $31 | $32 | $34 | $35 | $35 |
| ▂▄███▂▄▁ | Gross Loans ($M) | $142 | $144 | $148 | $148 | $148 | $142 | $144 | $141 |
| ▁▆▂▆▆▇██ | Total Deposits ($M) | $170 | $180 | $173 | $181 | $182 | $183 | $186 | $186 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 9% |