Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.75% | -0.62 | 1.37% |
| Return on Equity (%) | ▼ | 7.88% | -6.85 | 14.73% |
| Net Interest Margin (%) | ▲ | 4.37% | +0.11 | 4.27% |
| Efficiency Ratio (%) | ▼ | 67.89% | +6.81 | 61.08% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▼ | 0.94% | +0.10 | 0.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $172 | +16.02 | $156 |
| Gross Loans ($M) | ▲ | $97 | +0.43 | $96 |
| Loan Growth YoY (%) | ▼ | 61.23% | -6.50 | 67.72% |
| Total Deposits ($M) | ▲ | $155 | +15.49 | $140 |
| Shareholders Equity ($M) | ▲ | $15 | +0.54 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +0.54 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.37 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 61.23% | -6.50 | 67.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.72 | 0.72% |
| Allowance / Loans (%) | — | 1.75% | 0.03% | 1.72% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.70 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▇██▇ | Net Interest Margin (%) | 3.57% | 3.67% | 4.24% | 4.27% | 4.36% | 4.42% | 4.50% | 4.37% |
| ▄▅████▁▅ | Return on Assets (%) | 0.60% | 0.75% | 1.24% | 1.37% | 1.40% | 1.37% | -0.20% | 0.75% |
| █▆▁▁▁▁█▄ | Efficiency Ratio (%) | 77.4% | 74.3% | 62.1% | 61.1% | 62.3% | 62.8% | 78.9% | 67.9% |
| ██▂▁▅█▄▅ | Cost of Funds (%) | 1.00% | 0.98% | 0.88% | 0.84% | 0.93% | 0.99% | 0.92% | 0.94% |
| ██▇▇▇▆▁▁ | NPA / Assets (%) | 0.91% | 0.90% | 0.73% | 0.72% | 0.70% | 0.65% | 0.00% | 0.00% |
| ██▄▄▄▃▁▁ | Net Charge-Off Ratio (%) | 1.60% | 1.48% | 0.74% | 0.70% | 0.69% | 0.60% | 0.00% | 0.00% |
| ▃▁▄▅▇█▇█ | Tang. Book Value ($M) | $14 | $14 | $15 | $15 | $15 | $16 | $15 | $15 |
| ▁▅▄▇██▆█ | Gross Loans ($M) | $86 | $93 | $92 | $96 | $98 | $98 | $95 | $97 |
| ▁▂▂▂▄▃▃█ | Total Deposits ($M) | $135 | $139 | $138 | $140 | $143 | $140 | $141 | $155 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 16% |