Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.55% | -1.01 | 0.46% |
| Return on Equity (%) | ▼ | -3.65% | -6.16 | 2.51% |
| Net Interest Margin (%) | ▼ | 4.32% | -1.53 | 5.86% |
| Efficiency Ratio (%) | ▼ | 106.28% | +22.14 | 84.14% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -0.54 | $0 |
| Cost of Funds (%) | ▼ | 1.73% | +0.59 | 1.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $163 | +25.34 | $137 |
| Gross Loans ($M) | ▲ | $110 | +16.27 | $93 |
| Loan Growth YoY (%) | ▼ | 82.30% | -4.36 | 86.67% |
| Total Deposits ($M) | ▲ | $133 | +25.19 | $107 |
| Shareholders Equity ($M) | ▲ | $24 | +0.16 | $24 |
| Tang. Book Value ($M) | ▼ | $17 | -0.02 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 82.30% | -4.36 | 86.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 0.63% | 0.13% | 0.50% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅█▇▇▁▁ | Net Interest Margin (%) | 4.48% | 4.64% | 5.14% | 5.86% | 5.62% | 5.62% | 4.32% | 4.32% |
| ▆▄▇▇▆█▂▁ | Return on Assets (%) | 0.21% | -0.07% | 0.36% | 0.46% | 0.23% | 0.65% | -0.38% | -0.55% |
| ▃▃▃▂▃▁▇█ | Efficiency Ratio (%) | 85.9% | 86.0% | 86.3% | 84.1% | 87.0% | 78.5% | 100.2% | 106.3% |
| ▃▂▁▁▅▇██ | Cost of Funds (%) | 1.31% | 1.28% | 1.17% | 1.14% | 1.46% | 1.60% | 1.66% | 1.73% |
| ▁▁▁▁██▂▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 3.41% | 3.21% | 0.43% | 0.03% |
| ▁▁▁▁██▂▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 4.92% | 4.78% | 0.69% | 0.05% |
| ▁▅▆▇▇██▇ | Tang. Book Value ($M) | $15 | $16 | $16 | $17 | $17 | $17 | $17 | $17 |
| ▁▂▃▅▇█▇█ | Gross Loans ($M) | $67 | $74 | $82 | $93 | $103 | $105 | $103 | $110 |
| ▁▁▁▃▅▇██ | Total Deposits ($M) | $96 | $97 | $97 | $107 | $117 | $126 | $135 | $133 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 20% |