Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.07% | +0.80 | -0.73% |
| Return on Equity (%) | ▲ | 0.26% | +2.85 | -2.59% |
| Net Interest Margin (%) | ▲ | 2.80% | +0.09 | 2.70% |
| Efficiency Ratio (%) | ▲ | 96.82% | -36.00 | 132.82% |
| Pre-Provision Profit ($M) | ▲ | $0 | +1.07 | $-1 |
| Cost of Funds (%) | ▼ | 1.29% | +0.14 | 1.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $307 | +29.03 | $278 |
| Gross Loans ($M) | ▼ | $198 | -3.33 | $202 |
| Loan Growth YoY (%) | ▼ | 99.30% | -16.94 | 116.24% |
| Total Deposits ($M) | ▲ | $198 | +26.04 | $172 |
| Shareholders Equity ($M) | ▼ | $77 | -0.49 | $78 |
| Tang. Book Value ($M) | ▼ | $77 | -0.49 | $78 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +0.94 | $80 |
| Loan / Deposit Ratio (%) | ▼ | 99.30% | -16.94 | 116.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.41 | 0.00% |
| Allowance / Loans (%) | — | 0.82% | 0.01% | 0.81% |
| Net Charge-Off Ratio (%) | ▼ | 0.64% | +0.64 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▄█▆ | Net Interest Margin (%) | 2.53% | 2.55% | 2.63% | 2.70% | 2.70% | 2.71% | 2.91% | 2.80% |
| ▇█▅▁▃▃██ | Return on Assets (%) | -0.01% | 0.03% | -0.26% | -0.73% | -0.51% | -0.50% | 0.14% | 0.07% |
| ▂▂▃█▆▆▁▁ | Efficiency Ratio (%) | 102.6% | 100.0% | 107.0% | 132.8% | 122.6% | 121.7% | 93.8% | 96.8% |
| ▁▁▂▂▄█▇▆ | Cost of Funds (%) | 1.14% | 1.12% | 1.17% | 1.15% | 1.25% | 1.38% | 1.34% | 1.29% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.43% | 0.38% | 0.41% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.61% | 0.57% | 0.64% |
| ███▃▂▁▁▁ | Tang. Book Value ($M) | $79 | $79 | $78 | $78 | $77 | $77 | $77 | $77 |
| ██▅▆▆▅▁▁ | Gross Loans ($M) | $204 | $204 | $201 | $202 | $202 | $202 | $198 | $198 |
| ▁▁▂▂▆▅▆█ | Total Deposits ($M) | $165 | $168 | $172 | $172 | $187 | $183 | $190 | $198 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 17% |