Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.30% | +0.36 | -0.06% |
| Return on Equity (%) | ▲ | 9.64% | +18.19 | -8.55% |
| Net Interest Margin (%) | ▲ | 1.84% | +0.11 | 1.73% |
| Efficiency Ratio (%) | ▲ | 84.94% | -9.18 | 94.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▼ | 1.69% | +0.02 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $218 | -8.15 | $227 |
| Gross Loans ($M) | ▲ | $50 | +4.36 | $46 |
| Loan Growth YoY (%) | ▲ | 23.39% | +3.22 | 20.17% |
| Total Deposits ($M) | ▼ | $211 | -12.26 | $223 |
| Shareholders Equity ($M) | ▲ | $6 | +4.02 | $2 |
| Tang. Book Value ($M) | ▲ | $6 | +4.02 | $2 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +3.87 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 23.39% | +3.22 | 20.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.07% | -0.03% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 34.17% | -0.71 | 34.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▆█▇ | Net Interest Margin (%) | 1.32% | 1.38% | 1.71% | 1.73% | 1.77% | 1.79% | 1.97% | 1.84% |
| ▁▁▃▄▄▅██ | Return on Assets (%) | -0.30% | -0.26% | -0.10% | -0.06% | -0.00% | 0.05% | 0.34% | 0.30% |
| ██▆▄▄▃▁▁ | Efficiency Ratio (%) | 107.9% | 107.8% | 100.3% | 94.1% | 93.9% | 91.5% | 82.6% | 84.9% |
| █▅▄▂▂▁▂▂ | Cost of Funds (%) | 2.44% | 2.00% | 1.96% | 1.67% | 1.77% | 1.55% | 1.67% | 1.69% |
| ▁▁▁█▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▆▁▂▃▇███ | Tang. Book Value ($M) | $4 | $0 | $2 | $2 | $6 | $7 | $7 | $6 |
| ▁▁▂▆▆███ | Gross Loans ($M) | $31 | $33 | $36 | $46 | $45 | $51 | $51 | $50 |
| ▁▇▅█▁▄▄▆ | Total Deposits ($M) | $188 | $214 | $205 | $223 | $186 | $204 | $204 | $211 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 18% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 3% |