Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -2.15% | -1.91 | -0.25% |
| Return on Equity (%) | ▼ | -13.65% | -12.15 | -1.50% |
| Net Interest Margin (%) | ▼ | 3.22% | -0.12 | 3.34% |
| Efficiency Ratio (%) | ▼ | 193.32% | +80.13 | 113.20% |
| Pre-Provision Profit ($M) | ▼ | $-2 | -1.54 | $-0 |
| Cost of Funds (%) | ▼ | 1.70% | +0.19 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $134 | +20.38 | $113 |
| Gross Loans ($M) | ▲ | $93 | +7.10 | $86 |
| Loan Growth YoY (%) | ▼ | 91.75% | -7.15 | 98.91% |
| Total Deposits ($M) | ▲ | $101 | +14.43 | $86 |
| Shareholders Equity ($M) | ▲ | $23 | +4.13 | $18 |
| Tang. Book Value ($M) | ▲ | $23 | +4.13 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 91.75% | -7.15 | 98.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.36 | 0.05% |
| Allowance / Loans (%) | — | 1.20% | -0.08% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.52 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅███▇▅ | Net Interest Margin (%) | 3.06% | 3.07% | 3.23% | 3.34% | 3.37% | 3.36% | 3.33% | 3.22% |
| ██▅▆▇▇▅▁ | Return on Assets (%) | 0.43% | 0.38% | -0.71% | -0.25% | -0.18% | -0.15% | -0.76% | -2.15% |
| ▁▁▃▃▂▂▄█ | Efficiency Ratio (%) | 83.1% | 84.9% | 120.4% | 113.2% | 107.3% | 106.1% | 126.6% | 193.3% |
| █▇▄▁▁▄▆█ | Cost of Funds (%) | 1.72% | 1.69% | 1.59% | 1.50% | 1.48% | 1.58% | 1.64% | 1.70% |
| ▅█▁▁▅▁▁▅ | NPA / Assets (%) | 0.47% | 0.76% | 0.05% | 0.05% | 0.39% | 0.00% | 0.04% | 0.41% |
| ▅█▁▁▅▁▁▅ | Net Charge-Off Ratio (%) | 0.60% | 0.98% | 0.07% | 0.07% | 0.52% | 0.00% | 0.06% | 0.59% |
| ▁▁▁▁▁▁▁█ | Tang. Book Value ($M) | $18 | $18 | $18 | $18 | $18 | $18 | $18 | $23 |
| ▁▂▂▁▃▆▇█ | Gross Loans ($M) | $87 | $88 | $87 | $86 | $88 | $91 | $92 | $93 |
| ▁▁▁▁▄▅▆█ | Total Deposits ($M) | $85 | $85 | $85 | $86 | $92 | $93 | $95 | $101 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 10% |