Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.11% | +0.34 | -0.23% |
| Return on Equity (%) | ▲ | 0.80% | +2.47 | -1.67% |
| Net Interest Margin (%) | ▲ | 2.62% | +0.46 | 2.16% |
| Efficiency Ratio (%) | ▲ | 94.13% | -17.88 | 112.01% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.32 | $-0 |
| Cost of Funds (%) | ▲ | 2.22% | -0.38 | 2.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $257 | +16.47 | $240 |
| Gross Loans ($M) | ▲ | $211 | +21.28 | $190 |
| Loan Growth YoY (%) | ▲ | 100.26% | +8.64 | 91.62% |
| Total Deposits ($M) | ▲ | $210 | +5.26 | $205 |
| Shareholders Equity ($M) | ▼ | $34 | -0.29 | $34 |
| Tang. Book Value ($M) | ▼ | $28 | -0.29 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 100.26% | +8.64 | 91.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.13% | -1.31 | 2.44% |
| Allowance / Loans (%) | — | 0.43% | -0.93% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 1.37% | -1.71 | 3.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▃▇█ | Net Interest Margin (%) | 1.94% | 1.92% | 2.03% | 2.16% | 2.23% | 2.18% | 2.48% | 2.62% |
| ▃▁▄▅▅▄▇█ | Return on Assets (%) | -0.40% | -0.64% | -0.28% | -0.23% | -0.19% | -0.29% | -0.02% | 0.11% |
| ▇█▇▇▆▇▃▁ | Efficiency Ratio (%) | 112.7% | 117.2% | 114.3% | 112.0% | 109.8% | 113.8% | 101.0% | 94.1% |
| █▆▅▃▃▃▂▁ | Cost of Funds (%) | 3.30% | 3.01% | 2.79% | 2.60% | 2.52% | 2.52% | 2.39% | 2.22% |
| █▇▆█▅▁▁▁ | NPA / Assets (%) | 2.29% | 2.16% | 2.03% | 2.44% | 1.90% | 1.24% | 1.21% | 1.13% |
| ▆▇▇█▅▂▁▁ | Net Charge-Off Ratio (%) | 2.65% | 2.86% | 2.69% | 3.09% | 2.43% | 1.64% | 1.51% | 1.37% |
| █▄▃▃▂▁▁▁ | Tang. Book Value ($M) | $29 | $28 | $28 | $28 | $28 | $28 | $28 | $28 |
| ▅▃▂▂▁▁▃█ | Gross Loans ($M) | $201 | $195 | $192 | $190 | $190 | $187 | $195 | $211 |
| █▇▅▁▁▃▂▂ | Total Deposits ($M) | $228 | $223 | $219 | $205 | $207 | $211 | $210 | $210 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 11% |