Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.05% | -0.17 | 0.12% |
| Return on Equity (%) | ▼ | -0.32% | -1.11 | 0.79% |
| Net Interest Margin (%) | ▲ | 2.81% | +0.17 | 2.64% |
| Efficiency Ratio (%) | ▼ | 93.92% | +6.06 | 87.86% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.67 | $1 |
| Cost of Funds (%) | ▲ | 2.41% | -0.38 | 2.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $276 | +33.07 | $243 |
| Gross Loans ($M) | ▲ | $235 | +26.48 | $208 |
| Loan Growth YoY (%) | ▼ | 97.91% | -8.00 | 105.91% |
| Total Deposits ($M) | ▲ | $237 | +42.66 | $194 |
| Shareholders Equity ($M) | ▼ | $36 | -1.66 | $37 |
| Tang. Book Value ($M) | ▼ | $36 | -1.66 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 97.91% | -8.00 | 105.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.20% | -0.02% | 1.22% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▃▄▅▅▅ | Net Interest Margin (%) | 3.18% | 3.03% | 2.38% | 2.64% | 2.74% | 2.78% | 2.85% | 2.81% |
| ▅▄▁▇██▇▆ | Return on Assets (%) | -0.19% | -0.25% | -0.65% | 0.12% | 0.26% | 0.22% | 0.10% | -0.05% |
| ▅▅█▁▁▁▃▃ | Efficiency Ratio (%) | 107.3% | 110.9% | 128.5% | 87.9% | 82.2% | 86.8% | 95.5% | 93.9% |
| █▇▂██▅▂▁ | Cost of Funds (%) | 2.81% | 2.75% | 2.47% | 2.79% | 2.83% | 2.65% | 2.49% | 2.41% |
| ▁▁█▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▇▅▇█▇▂▁ | Tang. Book Value ($M) | $37 | $37 | $37 | $37 | $38 | $37 | $36 | $36 |
| ▁▁▅▅▄▄▅█ | Gross Loans ($M) | $168 | $175 | $206 | $208 | $201 | $199 | $203 | $235 |
| ▁▂▃▄▄▃▅█ | Total Deposits ($M) | $166 | $176 | $189 | $194 | $200 | $192 | $207 | $237 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 49% |