Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.01 | 0.59% |
| Return on Equity (%) | ▼ | 4.65% | -0.27 | 4.92% |
| Net Interest Margin (%) | ▲ | 3.83% | +0.21 | 3.62% |
| Efficiency Ratio (%) | ▼ | 78.44% | +2.71 | 75.73% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.05 | $1 |
| Cost of Funds (%) | ▲ | 2.47% | -0.24 | 2.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $232 | -11.41 | $243 |
| Gross Loans ($M) | ▼ | $184 | -14.13 | $198 |
| Loan Growth YoY (%) | ▼ | 92.05% | -4.93 | 96.98% |
| Total Deposits ($M) | ▼ | $196 | -4.67 | $201 |
| Shareholders Equity ($M) | ▲ | $30 | +1.30 | $29 |
| Tang. Book Value ($M) | ▲ | $30 | +1.30 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 92.05% | -4.93 | 96.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.88% | +1.16 | 1.72% |
| Allowance / Loans (%) | — | 1.72% | 0.16% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 1.73% | +1.38 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆██ | Net Interest Margin (%) | 3.50% | 3.49% | 3.53% | 3.62% | 3.67% | 3.72% | 3.80% | 3.83% |
| ▁▂█▄▅▅▆▅ | Return on Assets (%) | 0.41% | 0.46% | 0.77% | 0.59% | 0.59% | 0.62% | 0.64% | 0.60% |
| ██▁▆▆▆▆█ | Efficiency Ratio (%) | 78.6% | 77.9% | 69.5% | 75.7% | 75.3% | 75.6% | 75.4% | 78.4% |
| ▇█▇▃▄▄▃▁ | Cost of Funds (%) | 3.10% | 3.28% | 3.10% | 2.71% | 2.83% | 2.82% | 2.71% | 2.47% |
| ▂▂▂▂▁▄██ | NPA / Assets (%) | 1.66% | 1.63% | 1.77% | 1.72% | 1.43% | 2.12% | 2.85% | 2.88% |
| ██▂▂▁▄▇▇ | Net Charge-Off Ratio (%) | 1.94% | 2.00% | 0.35% | 0.34% | 0.00% | 0.81% | 1.71% | 1.73% |
| ▁▁▄▅▆▇██ | Tang. Book Value ($M) | $27 | $28 | $29 | $29 | $29 | $30 | $30 | $30 |
| █▆▆▇▃▃▁▁ | Gross Loans ($M) | $201 | $196 | $195 | $198 | $188 | $190 | $186 | $184 |
| ▁▄▂▆█▆▃▃ | Total Deposits ($M) | $192 | $198 | $195 | $201 | $204 | $200 | $196 | $196 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 17% |