Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.22% | +0.29 | -0.07% |
| Return on Equity (%) | ▲ | 2.82% | +3.78 | -0.96% |
| Net Interest Margin (%) | ▲ | 2.69% | +0.53 | 2.17% |
| Efficiency Ratio (%) | ▲ | 88.80% | -16.78 | 105.58% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.21 | $0 |
| Cost of Funds (%) | ▲ | 1.83% | -0.16 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $217 | +7.77 | $210 |
| Gross Loans ($M) | ▲ | $165 | +1.30 | $164 |
| Loan Growth YoY (%) | ▼ | 85.43% | -3.95 | 89.38% |
| Total Deposits ($M) | ▲ | $192 | +9.91 | $182 |
| Shareholders Equity ($M) | ▲ | $17 | +0.92 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +0.92 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +0.83 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 85.43% | -3.95 | 89.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 0.58% | 0.01% | 0.57% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.80 | 12.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 2.12% | 2.12% | 2.06% | 2.17% | 2.28% | 2.36% | 2.60% | 2.69% |
| ▃▃▁▃▄▆▇█ | Return on Assets (%) | -0.08% | -0.05% | -0.18% | -0.07% | 0.00% | 0.08% | 0.14% | 0.22% |
| ▆▆█▆▄▃▂▁ | Efficiency Ratio (%) | 106.1% | 104.6% | 113.3% | 105.6% | 100.8% | 95.9% | 93.1% | 88.8% |
| ██▇▄▄▃▂▁ | Cost of Funds (%) | 2.16% | 2.19% | 2.11% | 1.99% | 1.98% | 1.92% | 1.89% | 1.83% |
| ▁▁▁█▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▁▃▄▆███ | Tang. Book Value ($M) | $16 | $15 | $16 | $16 | $16 | $17 | $17 | $17 |
| ▅▁▁▆▄█▇▇ | Gross Loans ($M) | $162 | $159 | $158 | $164 | $162 | $166 | $165 | $165 |
| ▁▂▁▃▁▄▅█ | Total Deposits ($M) | $177 | $180 | $178 | $182 | $178 | $183 | $186 | $192 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |