Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.78% | +0.70 | 0.08% |
| Return on Equity (%) | ▲ | 5.24% | +4.63 | 0.61% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.53 | 3.02% |
| Efficiency Ratio (%) | ▲ | 73.53% | -21.94 | 95.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.55 | $-0 |
| Cost of Funds (%) | ▼ | 1.54% | +0.01 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $261 | +22.66 | $238 |
| Gross Loans ($M) | ▲ | $219 | +16.93 | $202 |
| Loan Growth YoY (%) | ▲ | 109.92% | +0.66 | 109.26% |
| Total Deposits ($M) | ▲ | $198 | +14.38 | $183 |
| Shareholders Equity ($M) | ▲ | $39 | +2.77 | $36 |
| Tang. Book Value ($M) | ▲ | $38 | +2.79 | $35 |
| Loan / Deposit Ratio (%) | ▲ | 109.92% | +0.66 | 109.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.42% | -0.04 | 0.46% |
| Allowance / Loans (%) | — | 0.80% | -0.11% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.00 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆██ | Net Interest Margin (%) | 2.76% | 2.77% | 2.82% | 3.02% | 3.17% | 3.28% | 3.54% | 3.55% |
| ▁▁▄▃▄▆██ | Return on Assets (%) | -0.22% | -0.13% | 0.28% | 0.08% | 0.33% | 0.50% | 0.88% | 0.78% |
| █▇▄▅▃▂▁▁ | Efficiency Ratio (%) | 120.8% | 113.0% | 90.1% | 95.5% | 86.7% | 80.9% | 69.9% | 73.5% |
| █▅▁▃▄▂▃▃ | Cost of Funds (%) | 1.66% | 1.59% | 1.48% | 1.53% | 1.57% | 1.51% | 1.53% | 1.54% |
| ██▇▂▃▃▃▁ | NPA / Assets (%) | 0.65% | 0.64% | 0.59% | 0.46% | 0.49% | 0.49% | 0.49% | 0.42% |
| ▁▁▁▃███▃ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.03% | 0.09% | 0.09% | 0.09% | 0.03% |
| ▁▁▁▆▇▇██ | Tang. Book Value ($M) | $28 | $28 | $29 | $35 | $36 | $36 | $37 | $38 |
| ▁▁▃▅▆▇▇█ | Gross Loans ($M) | $178 | $178 | $190 | $202 | $208 | $213 | $213 | $219 |
| ▁▁▅▄▆▄▃█ | Total Deposits ($M) | $175 | $175 | $188 | $183 | $190 | $186 | $181 | $198 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 12% |