Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.22% | -0.12 | -0.10% |
| Return on Equity (%) | ▼ | -2.94% | -1.48 | -1.46% |
| Net Interest Margin (%) | ▲ | 2.94% | +0.16 | 2.77% |
| Efficiency Ratio (%) | ▲ | 100.19% | -6.62 | 106.81% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $-0 |
| Cost of Funds (%) | ▼ | 1.67% | +0.02 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $145 | -1.08 | $146 |
| Gross Loans ($M) | ▲ | $113 | +3.57 | $109 |
| Loan Growth YoY (%) | ▲ | 90.01% | +4.89 | 85.11% |
| Total Deposits ($M) | ▼ | $124 | -2.81 | $127 |
| Shareholders Equity ($M) | ▲ | $11 | +0.80 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.80 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 90.01% | +4.89 | 85.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.17% | -0.27 | 0.45% |
| Allowance / Loans (%) | — | 0.71% | -0.14% | 0.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.38 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▃▅▅▇█ | Net Interest Margin (%) | 2.68% | 2.71% | 2.79% | 2.77% | 2.83% | 2.81% | 2.88% | 2.94% |
| ▆▅█▆▆▇▁▄ | Return on Assets (%) | -0.13% | -0.15% | 0.09% | -0.10% | -0.11% | -0.03% | -0.53% | -0.22% |
| █▇▆▆▅▄▅▁ | Efficiency Ratio (%) | 110.3% | 108.3% | 106.7% | 106.8% | 106.4% | 104.6% | 106.0% | 100.2% |
| ▇▁▃▆▇▇█▆ | Cost of Funds (%) | 1.68% | 1.50% | 1.58% | 1.65% | 1.70% | 1.69% | 1.73% | 1.67% |
| ▁█▇█▇▅▁▁ | NPA / Assets (%) | 0.16% | 0.49% | 0.44% | 0.45% | 0.42% | 0.36% | 0.18% | 0.17% |
| ▁█▇▇▇▅▁▁ | Net Charge-Off Ratio (%) | 0.22% | 0.65% | 0.58% | 0.59% | 0.56% | 0.48% | 0.22% | 0.22% |
| ▁▄▅▅▇███ | Tang. Book Value ($M) | $9 | $10 | $10 | $10 | $11 | $11 | $11 | $11 |
| ▃▁▁▃▅█▆█ | Gross Loans ($M) | $109 | $108 | $108 | $109 | $111 | $112 | $111 | $113 |
| ▅█▁▄▂▇▄▂ | Total Deposits ($M) | $128 | $132 | $123 | $127 | $124 | $131 | $126 | $124 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 9% |