Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.04% | +0.33 | -0.29% |
| Return on Equity (%) | ▲ | 0.53% | +3.72 | -3.19% |
| Net Interest Margin (%) | ▲ | 2.05% | +0.32 | 1.73% |
| Efficiency Ratio (%) | ▲ | 98.00% | -23.43 | 121.44% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.21 | $-0 |
| Cost of Funds (%) | ▲ | 1.88% | -0.10 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $193 | +9.91 | $183 |
| Gross Loans ($M) | ▲ | $118 | +6.13 | $112 |
| Loan Growth YoY (%) | ▼ | 67.15% | -0.39 | 67.54% |
| Total Deposits ($M) | ▲ | $176 | +10.09 | $166 |
| Shareholders Equity ($M) | ▼ | $16 | -0.10 | $16 |
| Tang. Book Value ($M) | ▼ | $16 | -0.10 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +0.16 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 67.15% | -0.39 | 67.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.35% | -0.01% | 0.36% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.38% | +20.38 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▆█ | Net Interest Margin (%) | 1.60% | 1.58% | 1.61% | 1.73% | 1.78% | 1.81% | 1.93% | 2.05% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | -0.73% | -0.69% | -0.35% | -0.29% | -0.24% | -0.22% | 0.00% | 0.04% |
| ██▅▅▄▄▁▁ | Efficiency Ratio (%) | 143.3% | 143.5% | 124.2% | 121.4% | 117.5% | 118.0% | 100.4% | 98.0% |
| ██▃▄▄▃▁▂ | Cost of Funds (%) | 2.22% | 2.19% | 1.95% | 1.99% | 2.01% | 1.94% | 1.83% | 1.88% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ██▅▃▂▁▁▁ | Tang. Book Value ($M) | $17 | $17 | $16 | $16 | $16 | $16 | $16 | $16 |
| ▁▂▂▄▆▅▄█ | Gross Loans ($M) | $107 | $109 | $109 | $112 | $114 | $113 | $113 | $118 |
| ▁▁▃▃▃▆█▇ | Total Deposits ($M) | $160 | $162 | $166 | $166 | $165 | $172 | $178 | $176 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 13% |