Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.25% | +0.04 | -0.29% |
| Return on Equity (%) | ▲ | -5.38% | +2.09 | -7.47% |
| Net Interest Margin (%) | ▲ | 2.85% | +0.21 | 2.65% |
| Efficiency Ratio (%) | ▲ | 108.04% | -1.75 | 109.79% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -0.05 | $-0 |
| Cost of Funds (%) | ▲ | 1.70% | -0.10 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $114 | -3.66 | $117 |
| Gross Loans ($M) | ▼ | $65 | -2.76 | $68 |
| Loan Growth YoY (%) | ▼ | 61.04% | -2.51 | 63.55% |
| Total Deposits ($M) | ▼ | $106 | -0.17 | $106 |
| Shareholders Equity ($M) | ▲ | $5 | +0.46 | $5 |
| Tang. Book Value ($M) | ▲ | $5 | +0.46 | $5 |
| TBV excl. AOCI ($M)** | ▲ | $7 | +0.36 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 61.04% | -2.51 | 63.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.77% | -0.08 | 0.85% |
| Allowance / Loans (%) | — | 0.41% | 0.02% | 0.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -1.48 | 1.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.76% | +0.74 | 11.02% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇████ | Net Interest Margin (%) | 2.07% | 2.02% | 2.52% | 2.65% | 2.78% | 2.79% | 2.82% | 2.85% |
| ▇▁██████ | Return on Assets (%) | -0.82% | -2.77% | -0.41% | -0.29% | -0.26% | -0.26% | -0.19% | -0.25% |
| ▂█▁▁▁▁▁▁ | Efficiency Ratio (%) | 127.9% | 217.6% | 115.3% | 109.8% | 104.3% | 104.1% | 106.0% | 108.0% |
| █▆▃▂▁▃▁▁ | Cost of Funds (%) | 2.40% | 2.21% | 1.94% | 1.80% | 1.72% | 1.90% | 1.76% | 1.70% |
| ▆▆▇██▂▃▁ | NPA / Assets (%) | 0.82% | 0.83% | 0.84% | 0.85% | 0.85% | 0.78% | 0.79% | 0.77% |
| ████▇▇▇▁ | Net Charge-Off Ratio (%) | 1.62% | 1.52% | 1.53% | 1.48% | 1.40% | 1.33% | 1.39% | 0.00% |
| █▁▁▂▃▃▃▃ | Tang. Book Value ($M) | $8 | $4 | $5 | $5 | $5 | $6 | $5 | $5 |
| ▁▂▂▅█▆▃▁ | Gross Loans ($M) | $64 | $66 | $65 | $68 | $71 | $69 | $66 | $65 |
| █▆▆▁▁█▅▁ | Total Deposits ($M) | $110 | $109 | $109 | $106 | $106 | $110 | $108 | $106 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 16% |