Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.69% | +0.30 | 0.39% |
| Return on Equity (%) | ▲ | 6.14% | +2.50 | 3.64% |
| Net Interest Margin (%) | ▲ | 3.85% | +0.15 | 3.70% |
| Efficiency Ratio (%) | ▲ | 81.94% | -7.69 | 89.63% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.70% | -0.01 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $178 | +13.40 | $164 |
| Gross Loans ($M) | ▲ | $144 | +20.27 | $123 |
| Loan Growth YoY (%) | ▲ | 95.45% | +10.19 | 85.26% |
| Total Deposits ($M) | ▲ | $148 | +6.51 | $141 |
| Shareholders Equity ($M) | ▲ | $20 | +0.68 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +0.68 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +0.62 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 95.45% | +10.19 | 85.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 5.66% | +4.12 | 1.54% |
| Allowance / Loans (%) | — | 1.82% | -0.58% | 2.39% |
| Net Charge-Off Ratio (%) | ▼ | 6.95% | +4.92 | 2.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▃▄▄▃ | Net Interest Margin (%) | 4.65% | 4.44% | 3.55% | 3.70% | 3.94% | 3.97% | 3.99% | 3.85% |
| ██▁▁▃▆▅▃ | Return on Assets (%) | 1.39% | 1.33% | 0.28% | 0.39% | 0.67% | 1.11% | 0.91% | 0.69% |
| ▁▁██▅▅▃▅ | Efficiency Ratio (%) | 70.3% | 71.3% | 92.1% | 89.6% | 83.6% | 83.5% | 77.2% | 81.9% |
| ██▇▃▄▂▁▂ | Cost of Funds (%) | 1.92% | 1.95% | 1.88% | 1.71% | 1.77% | 1.67% | 1.63% | 1.70% |
| ▁▁▁▂▂▁▆█ | NPA / Assets (%) | 0.80% | 1.31% | 1.23% | 1.54% | 1.45% | 1.16% | 4.03% | 5.66% |
| ▁▁▁▂▂▁▆█ | Net Charge-Off Ratio (%) | 1.06% | 1.78% | 1.67% | 2.03% | 1.89% | 1.44% | 5.04% | 6.95% |
| ▂▁▂▄▆██▇ | Tang. Book Value ($M) | $18 | $18 | $18 | $19 | $19 | $20 | $20 | $20 |
| ▄▃▁▁▂▅▇█ | Gross Loans ($M) | $132 | $130 | $124 | $123 | $126 | $135 | $141 | $144 |
| ▁▁█▃▂▃▇█ | Total Deposits ($M) | $138 | $139 | $149 | $141 | $140 | $141 | $147 | $148 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 20% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 26% |