Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +1.28 | -0.69% |
| Return on Equity (%) | ▲ | 4.65% | +9.91 | -5.26% |
| Net Interest Margin (%) | ▲ | 3.17% | +0.62 | 2.55% |
| Efficiency Ratio (%) | ▲ | 82.31% | -43.59 | 125.89% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.76 | $-1 |
| Cost of Funds (%) | ▲ | 1.69% | -0.10 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $197 | +13.30 | $184 |
| Gross Loans ($M) | ▲ | $140 | +17.26 | $123 |
| Loan Growth YoY (%) | ▲ | 82.45% | +4.79 | 77.66% |
| Total Deposits ($M) | ▲ | $170 | +11.74 | $158 |
| Shareholders Equity ($M) | ▲ | $25 | +1.11 | $24 |
| Tang. Book Value ($M) | ▲ | $25 | +1.11 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.04 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 82.45% | +4.79 | 77.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.54 | 0.39% |
| Allowance / Loans (%) | — | 0.19% | -0.01% | 0.20% |
| Net Charge-Off Ratio (%) | ▼ | 1.32% | +0.73 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▃▃██ | Net Interest Margin (%) | 2.62% | 2.57% | 2.44% | 2.55% | 2.64% | 2.69% | 3.11% | 3.17% |
| ▆▅▄▁▂▃██ | Return on Assets (%) | 0.33% | 0.22% | -0.12% | -0.69% | -0.41% | -0.29% | 0.77% | 0.59% |
| ▂▃▅█▇▆▁▁ | Efficiency Ratio (%) | 87.6% | 91.3% | 103.6% | 125.9% | 114.7% | 109.8% | 78.1% | 82.3% |
| ▇█▇▃▃▄▁▁ | Cost of Funds (%) | 2.06% | 2.18% | 2.11% | 1.79% | 1.82% | 1.86% | 1.64% | 1.69% |
| ▁▂▁▃▇███ | NPA / Assets (%) | 0.04% | 0.26% | 0.12% | 0.39% | 0.82% | 0.96% | 1.03% | 0.94% |
| ▁▂▁▃▇███ | Net Charge-Off Ratio (%) | 0.07% | 0.41% | 0.19% | 0.59% | 1.23% | 1.42% | 1.48% | 1.32% |
| █▁▃▁▅▆▇█ | Tang. Book Value ($M) | $25 | $24 | $24 | $24 | $24 | $25 | $25 | $25 |
| ▁▁▁▃▄▄▇█ | Gross Loans ($M) | $118 | $117 | $118 | $123 | $127 | $128 | $135 | $140 |
| ▁▃▃▅▇▇██ | Total Deposits ($M) | $145 | $152 | $154 | $158 | $164 | $164 | $167 | $170 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 20% |