Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.96% | +0.95 | -1.91% |
| Return on Equity (%) | ▲ | -8.59% | +7.35 | -15.94% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.38 | 3.58% |
| Efficiency Ratio (%) | ▲ | 117.88% | -26.38 | 144.27% |
| Pre-Provision Profit ($M) | ▼ | $-1 | -0.39 | $-1 |
| Cost of Funds (%) | ▼ | 2.09% | +0.16 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $300 | +54.82 | $246 |
| Gross Loans ($M) | ▲ | $162 | +50.23 | $111 |
| Loan Growth YoY (%) | ▲ | 68.66% | +11.71 | 56.95% |
| Total Deposits ($M) | ▲ | $233 | +39.31 | $193 |
| Shareholders Equity ($M) | ▲ | $33 | +5.48 | $27 |
| Tang. Book Value ($M) | ▲ | $24 | +5.82 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +6.06 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 68.66% | +11.71 | 56.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.44% | -1.60 | 2.04% |
| Allowance / Loans (%) | — | 1.20% | 0.00% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.98 | 1.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▇▇████ | Net Interest Margin (%) | 0.53% | 1.43% | 3.34% | 3.58% | 3.77% | 3.75% | 4.03% | 3.96% |
| █▅▁▁▂▃█▅ | Return on Assets (%) | -0.11% | -0.74% | -1.97% | -1.91% | -1.66% | -1.41% | 0.05% | -0.96% |
| ▅▆██▇▅▁▄ | Efficiency Ratio (%) | 124.7% | 129.1% | 148.1% | 144.3% | 135.8% | 125.7% | 91.4% | 117.9% |
| ▁███████ | Cost of Funds (%) | -2.36% | 1.79% | 1.70% | 1.93% | 1.93% | 1.89% | 2.12% | 2.09% |
| █▄▄▄▂▂▂▁ | NPA / Assets (%) | 4.63% | 2.38% | 2.09% | 2.04% | 1.42% | 1.29% | 1.23% | 0.44% |
| █▃▂▂▁▁▁▁ | Net Charge-Off Ratio (%) | 5.88% | 1.54% | 1.22% | 1.22% | 0.00% | 0.00% | 0.01% | 0.24% |
| █▁▂▁▃▃▄▄ | Tang. Book Value ($M) | $32 | $19 | $20 | $18 | $22 | $23 | $24 | $24 |
| ▁▂▃▄▅███ | Gross Loans ($M) | $72 | $86 | $101 | $111 | $122 | $151 | $151 | $162 |
| ▁▁▃▃▄▅▇█ | Total Deposits ($M) | $172 | $172 | $189 | $193 | $201 | $208 | $219 | $233 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 11% |