Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.16 | 0.44% |
| Return on Equity (%) | ▲ | 4.84% | +1.17 | 3.67% |
| Net Interest Margin (%) | ▲ | 4.68% | +0.37 | 4.31% |
| Efficiency Ratio (%) | ▲ | 83.71% | -1.91 | 85.61% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 0.75% | -0.15 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $382 | -3.95 | $386 |
| Gross Loans ($M) | ▼ | $218 | -11.58 | $230 |
| Loan Growth YoY (%) | ▼ | 65.45% | -2.18 | 67.63% |
| Total Deposits ($M) | ▼ | $329 | -6.30 | $335 |
| Shareholders Equity ($M) | ▲ | $47 | +0.95 | $46 |
| Tang. Book Value ($M) | ▲ | $47 | +0.95 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +1.12 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 65.45% | -2.18 | 67.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.16% | +0.14 | 1.02% |
| Allowance / Loans (%) | — | 1.22% | -0.00% | 1.22% |
| Net Charge-Off Ratio (%) | ▼ | 2.03% | +0.32 | 1.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▅▄▁▁▂▅█ | Net Interest Margin (%) | 4.38% | 4.51% | 4.46% | 4.31% | 4.35% | 4.39% | 4.51% | 4.68% |
| █▆▅▂▁▁▁▄ | Return on Assets (%) | 1.21% | 0.92% | 0.70% | 0.44% | 0.25% | 0.19% | 0.22% | 0.60% |
| ▁▂▃▆███▅ | Efficiency Ratio (%) | 73.8% | 76.3% | 80.3% | 85.6% | 91.5% | 91.6% | 91.9% | 83.7% |
| ▅▁▅██▇▆▁ | Cost of Funds (%) | 0.83% | 0.76% | 0.83% | 0.90% | 0.88% | 0.87% | 0.84% | 0.75% |
| ▁█▆▁▆▇▄▃ | NPA / Assets (%) | 0.99% | 1.49% | 1.34% | 1.02% | 1.34% | 1.41% | 1.23% | 1.16% |
| ▁▆▆▂▆█▆▅ | Net Charge-Off Ratio (%) | 1.48% | 2.27% | 2.25% | 1.71% | 2.30% | 2.57% | 2.18% | 2.03% |
| ▁▃▂▅▆▇██ | Tang. Book Value ($M) | $45 | $46 | $45 | $46 | $46 | $47 | $47 | $47 |
| █▆▆▆▄▁▁▂ | Gross Loans ($M) | $236 | $230 | $228 | $230 | $225 | $213 | $214 | $218 |
| ▁▁▇███▆▇ | Total Deposits ($M) | $303 | $301 | $333 | $335 | $336 | $338 | $328 | $329 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 3% |