Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.51% | -0.08 | 0.59% |
| Return on Equity (%) | ▼ | 6.92% | -1.54 | 8.46% |
| Net Interest Margin (%) | ▲ | 2.95% | +0.21 | 2.74% |
| Efficiency Ratio (%) | ▼ | 84.10% | +3.20 | 80.90% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.39% | -0.31 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $281 | +0.22 | $281 |
| Gross Loans ($M) | ▼ | $176 | -5.52 | $181 |
| Loan Growth YoY (%) | ▼ | 67.38% | -2.17 | 69.55% |
| Total Deposits ($M) | ▲ | $257 | +0.33 | $257 |
| Shareholders Equity ($M) | ▲ | $21 | +0.85 | $20 |
| Tang. Book Value ($M) | ▲ | $21 | +0.85 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +1.04 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 67.38% | -2.17 | 69.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.54% | +0.59 | 0.95% |
| Allowance / Loans (%) | — | 1.33% | -0.06% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 2.47% | +0.99 | 1.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.22% | +0.08 | 17.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▇██ | Net Interest Margin (%) | 2.40% | 2.46% | 2.53% | 2.74% | 2.81% | 2.87% | 2.89% | 2.95% |
| ▁▂▃▇███▆ | Return on Assets (%) | 0.03% | 0.12% | 0.26% | 0.59% | 0.65% | 0.71% | 0.66% | 0.51% |
| ██▅▂▁▁▁▅ | Efficiency Ratio (%) | 87.7% | 86.7% | 83.9% | 80.9% | 79.0% | 79.3% | 79.7% | 84.1% |
| █▇▅▄▃▂▁▁ | Cost of Funds (%) | 2.20% | 2.02% | 1.87% | 1.71% | 1.69% | 1.58% | 1.42% | 1.39% |
| ▁▁█▁▁▅▄▅ | NPA / Assets (%) | 1.00% | 0.95% | 1.94% | 0.95% | 1.01% | 1.46% | 1.34% | 1.54% |
| ▁▁█▁▁▅▅▆ | Net Charge-Off Ratio (%) | 1.50% | 1.42% | 2.89% | 1.47% | 1.57% | 2.28% | 2.20% | 2.47% |
| ▁▅▂▄▄█▇▆ | Tang. Book Value ($M) | $19 | $20 | $19 | $20 | $20 | $22 | $21 | $21 |
| ██▇▃▂▁▁▁ | Gross Loans ($M) | $191 | $190 | $189 | $181 | $179 | $175 | $176 | $176 |
| ▆▁▅▅▂▁█▅ | Total Deposits ($M) | $260 | $249 | $257 | $257 | $252 | $249 | $264 | $257 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 8% |