Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.22% | +0.32 | -0.53% |
| Return on Equity (%) | ▲ | -1.87% | +2.86 | -4.73% |
| Net Interest Margin (%) | ▲ | 2.39% | +0.51 | 1.88% |
| Efficiency Ratio (%) | ▲ | 110.48% | -25.43 | 135.90% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.46 | $-1 |
| Cost of Funds (%) | ▲ | 1.59% | -0.14 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $410 | +0.43 | $410 |
| Gross Loans ($M) | ▲ | $237 | +9.81 | $227 |
| Loan Growth YoY (%) | ▲ | 65.61% | +3.57 | 62.05% |
| Total Deposits ($M) | ▼ | $357 | -5.16 | $362 |
| Shareholders Equity ($M) | ▲ | $47 | +0.44 | $47 |
| Tang. Book Value ($M) | ▲ | $47 | +0.44 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +0.70 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 65.61% | +3.57 | 62.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.05 | 0.16% |
| Allowance / Loans (%) | — | 1.02% | 0.08% | 0.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.10 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 1.50% | 1.51% | 1.80% | 1.88% | 1.94% | 2.01% | 2.30% | 2.39% |
| ▁▁▂▃▄▄▇█ | Return on Assets (%) | -0.70% | -0.71% | -0.62% | -0.53% | -0.48% | -0.48% | -0.32% | -0.22% |
| ██▆▅▄▃▂▁ | Efficiency Ratio (%) | 158.0% | 157.4% | 144.0% | 135.9% | 131.4% | 128.2% | 117.2% | 110.5% |
| ██▄▃▃▃▁▁ | Cost of Funds (%) | 2.05% | 2.01% | 1.80% | 1.72% | 1.71% | 1.72% | 1.60% | 1.59% |
| █▂▃▆▁▄▄▄ | NPA / Assets (%) | 0.20% | 0.08% | 0.10% | 0.16% | 0.06% | 0.12% | 0.12% | 0.11% |
| █▂▃▆▁▄▄▃ | Net Charge-Off Ratio (%) | 0.37% | 0.15% | 0.18% | 0.30% | 0.11% | 0.21% | 0.21% | 0.20% |
| █▁▄▅▇█▆▆ | Tang. Book Value ($M) | $48 | $45 | $47 | $47 | $48 | $48 | $47 | $47 |
| ▁▂▂▁▁▂▅█ | Gross Loans ($M) | $226 | $228 | $228 | $227 | $227 | $228 | $232 | $237 |
| ▄█▄▅▆▃▃▁ | Total Deposits ($M) | $361 | $367 | $361 | $362 | $364 | $361 | $360 | $357 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 89% |
| Brokered / Other | 10% |