Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.32% | +0.71 | 0.60% |
| Return on Equity (%) | ▲ | 9.80% | +5.01 | 4.79% |
| Net Interest Margin (%) | ▲ | 8.39% | +0.88 | 7.52% |
| Efficiency Ratio (%) | ▲ | 72.15% | -10.64 | 82.80% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.58 | $0 |
| Cost of Funds (%) | ▲ | 2.03% | -0.15 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $133 | +8.08 | $125 |
| Gross Loans ($M) | ▲ | $68 | +9.80 | $58 |
| Loan Growth YoY (%) | ▲ | 63.44% | +7.88 | 55.56% |
| Total Deposits ($M) | ▲ | $105 | +3.02 | $102 |
| Shareholders Equity ($M) | ▲ | $18 | +1.70 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.70 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.90 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 63.44% | +7.88 | 55.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.97% | -0.84 | 1.81% |
| Allowance / Loans (%) | — | 2.52% | -0.65% | 3.17% |
| Net Charge-Off Ratio (%) | ▲ | 1.89% | -1.97 | 3.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▁▁▁▁▃█ | Net Interest Margin (%) | 7.79% | 7.82% | 7.44% | 7.52% | 7.46% | 7.52% | 7.75% | 8.39% |
| ▆▇▂▁▁▂▆█ | Return on Assets (%) | 1.13% | 1.17% | 0.75% | 0.60% | 0.60% | 0.74% | 1.13% | 1.32% |
| ▁▂▇███▅▁ | Efficiency Ratio (%) | 73.6% | 74.2% | 82.4% | 82.8% | 83.9% | 82.8% | 78.3% | 72.2% |
| ▆█▃▄▃▅▂▁ | Cost of Funds (%) | 2.24% | 2.34% | 2.13% | 2.18% | 2.14% | 2.21% | 2.09% | 2.03% |
| ▁▁██▇▇▇▄ | NPA / Assets (%) | 0.16% | 0.34% | 1.77% | 1.81% | 1.50% | 1.44% | 1.42% | 0.97% |
| ▁▁██▇▇▇▄ | Net Charge-Off Ratio (%) | 0.31% | 0.68% | 3.75% | 3.87% | 3.39% | 3.15% | 3.15% | 1.89% |
| ▁▁▃▄▅▇██ | Tang. Book Value ($M) | $15 | $15 | $16 | $16 | $17 | $17 | $18 | $18 |
| ▃▂▃▂▁▂▁█ | Gross Loans ($M) | $61 | $59 | $60 | $58 | $57 | $59 | $58 | $68 |
| ▁▃█▇██▇█ | Total Deposits ($M) | $92 | $96 | $105 | $102 | $104 | $103 | $102 | $105 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 34% |
| C&I / Commercial | 63% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 24% |