Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.70% | -0.39 | -0.31% |
| Return on Equity (%) | ▼ | -6.35% | -3.57 | -2.78% |
| Net Interest Margin (%) | ▲ | 5.10% | +0.31 | 4.79% |
| Efficiency Ratio (%) | ▲ | 69.05% | -7.28 | 76.33% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 3.72% | -0.15 | 3.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $394 | -24.34 | $419 |
| Gross Loans ($M) | ▼ | $355 | -31.58 | $387 |
| Loan Growth YoY (%) | ▼ | 99.37% | -3.07 | 102.44% |
| Total Deposits ($M) | ▼ | $348 | -21.32 | $370 |
| Shareholders Equity ($M) | ▼ | $44 | -2.88 | $47 |
| Tang. Book Value ($M) | ▼ | $44 | -2.88 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 99.37% | -3.07 | 102.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.03% | +0.75 | 0.28% |
| Allowance / Loans (%) | — | 2.55% | 0.46% | 2.09% |
| Net Charge-Off Ratio (%) | ▼ | 1.14% | +0.84 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▇██ | Net Interest Margin (%) | 4.31% | 4.45% | 4.63% | 4.79% | 4.82% | 4.99% | 5.05% | 5.10% |
| ▄▆▅█▆▅▃▁ | Return on Assets (%) | -0.55% | -0.44% | -0.49% | -0.31% | -0.45% | -0.51% | -0.60% | -0.70% |
| █▇█▅▅▅▁▁ | Efficiency Ratio (%) | 81.4% | 78.8% | 80.1% | 76.3% | 76.7% | 75.7% | 69.0% | 69.1% |
| ██▅▅▄▆▁▂ | Cost of Funds (%) | 4.04% | 4.09% | 3.91% | 3.87% | 3.85% | 3.94% | 3.64% | 3.72% |
| ▁▂▁▁▂▃▇█ | NPA / Assets (%) | 0.28% | 0.37% | 0.22% | 0.28% | 0.36% | 0.45% | 0.88% | 1.03% |
| ▁▂▁▁▂▃▇█ | Net Charge-Off Ratio (%) | 0.30% | 0.41% | 0.24% | 0.31% | 0.40% | 0.49% | 0.97% | 1.14% |
| ██▇▇▅▄▂▁ | Tang. Book Value ($M) | $48 | $48 | $47 | $47 | $46 | $45 | $45 | $44 |
| █▆▇▇▆▅▃▁ | Gross Loans ($M) | $395 | $381 | $389 | $387 | $383 | $375 | $369 | $355 |
| █▇▆▇█▄▄▁ | Total Deposits ($M) | $376 | $372 | $367 | $370 | $375 | $361 | $361 | $348 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| Consumer | 64% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 52% |
| Brokered / Other | 47% |