Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -3.96% | -3.22 | -0.74% |
| Return on Equity (%) | ▼ | -45.13% | -37.16 | -7.97% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.70 | 3.37% |
| Efficiency Ratio (%) | ▼ | 179.26% | +63.48 | 115.78% |
| Pre-Provision Profit ($M) | ▼ | $-1 | -0.87 | $-0 |
| Cost of Funds (%) | ▲ | 0.70% | -0.01 | 0.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $111 | -10.42 | $122 |
| Gross Loans ($M) | ▲ | $50 | +9.07 | $41 |
| Loan Growth YoY (%) | ▲ | 49.41% | +12.16 | 37.25% |
| Total Deposits ($M) | ▼ | $100 | -8.98 | $109 |
| Shareholders Equity ($M) | ▼ | $10 | -2.48 | $12 |
| Tang. Book Value ($M) | ▼ | $10 | -2.48 | $12 |
| TBV excl. AOCI ($M)** | ▼ | $12 | -2.50 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 49.41% | +12.16 | 37.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.45% | +0.01 | 0.44% |
| Allowance / Loans (%) | — | 0.89% | 0.42% | 0.47% |
| Net Charge-Off Ratio (%) | ▲ | 1.00% | -0.31 | 1.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 24.04% | -6.42 | 30.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▄▆█ | Net Interest Margin (%) | 2.81% | 2.65% | 3.35% | 3.37% | 3.52% | 3.20% | 3.56% | 4.07% |
| ▄▅███▇▁▁ | Return on Assets (%) | -2.51% | -2.08% | -0.64% | -0.74% | -1.04% | -1.44% | -4.08% | -3.96% |
| █▇▁▁▁▂█▇ | Efficiency Ratio (%) | 188.5% | 177.5% | 114.2% | 115.8% | 123.2% | 132.2% | 184.8% | 179.3% |
| ▁▁▄▆██▆▆ | Cost of Funds (%) | 0.57% | 0.56% | 0.66% | 0.70% | 0.74% | 0.77% | 0.69% | 0.70% |
| █▃▁▁▂▁▂▁ | NPA / Assets (%) | 0.62% | 0.49% | 0.46% | 0.44% | 0.47% | 0.44% | 0.47% | 0.45% |
| █▅▃▂▂▁▁▁ | Net Charge-Off Ratio (%) | 3.20% | 2.34% | 1.65% | 1.31% | 1.38% | 1.09% | 1.14% | 1.00% |
| ▄▃▄█▇▄▁▁ | Tang. Book Value ($M) | $11 | $11 | $11 | $12 | $12 | $11 | $10 | $10 |
| ▁▁▄▆▆███ | Gross Loans ($M) | $22 | $25 | $34 | $41 | $40 | $47 | $48 | $50 |
| ▃███▇▅▅▁ | Total Deposits ($M) | $103 | $109 | $110 | $109 | $108 | $105 | $106 | $100 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 3% |