Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -3.86% | -1.23 | -2.63% |
| Return on Equity (%) | ▼ | -47.56% | -18.55 | -29.01% |
| Net Interest Margin (%) | ▼ | 1.03% | -1.26 | 2.29% |
| Efficiency Ratio (%) | ▼ | 481.58% | +218.68 | 262.91% |
| Pre-Provision Profit ($M) | ▼ | $-2 | -0.02 | $-2 |
| Cost of Funds (%) | ▲ | 3.26% | -0.34 | 3.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $182 | -4.54 | $187 |
| Gross Loans ($M) | ▲ | $159 | +3.82 | $155 |
| Loan Growth YoY (%) | ▼ | 108.41% | -3.75 | 112.16% |
| Total Deposits ($M) | ▲ | $144 | +8.37 | $136 |
| Shareholders Equity ($M) | ▼ | $14 | -3.33 | $17 |
| Tang. Book Value ($M) | ▼ | $13 | -4.49 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 108.41% | -3.75 | 112.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.01 | 0.03% |
| Allowance / Loans (%) | — | 1.24% | -0.13% | 1.37% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.12% | -3.77 | 15.89% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂█▆▅▅▁▁ | Net Interest Margin (%) | 1.33% | 1.34% | 2.76% | 2.29% | 2.11% | 2.00% | 1.18% | 1.03% |
| ███▅▅▄▁▁ | Return on Assets (%) | -1.76% | -1.91% | -1.90% | -2.63% | -2.74% | -2.88% | -4.00% | -3.86% |
| ▂▂▁▂▃▃██ | Efficiency Ratio (%) | 238.6% | 250.0% | 195.4% | 262.9% | 269.6% | 279.0% | 448.9% | 481.6% |
| █▆▃▃▄▂▁▁ | Cost of Funds (%) | 4.21% | 3.96% | 3.54% | 3.60% | 3.63% | 3.46% | 3.37% | 3.26% |
| ▁█▅▁▁▁▁▁ | NPA / Assets (%) | 0.03% | 0.83% | 0.51% | 0.03% | 0.09% | 0.03% | 0.03% | 0.02% |
| ▁█▆▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.04% | 1.00% | 0.65% | 0.04% | 0.10% | 0.03% | 0.03% | 0.03% |
| █▇▆▅▄▁▂▁ | Tang. Book Value ($M) | $21 | $19 | $18 | $17 | $16 | $13 | $14 | $13 |
| █▇▅▂▁▁▁▃ | Gross Loans ($M) | $181 | $173 | $166 | $155 | $151 | $151 | $151 | $159 |
| █▇█▂▁▁▁▅ | Total Deposits ($M) | $154 | $151 | $154 | $136 | $133 | $135 | $134 | $144 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 3% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 89% |
| Brokered / Other | 10% |