Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.02% | -0.62 | 0.64% |
| Return on Equity (%) | ▼ | 0.08% | -2.33 | 2.41% |
| Net Interest Margin (%) | ▲ | 2.17% | +0.22 | 1.95% |
| Efficiency Ratio (%) | ▲ | 77.99% | -5.58 | 83.57% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.62% | -0.14 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $167 | -0.15 | $167 |
| Gross Loans ($M) | ▲ | $70 | +1.24 | $68 |
| Loan Growth YoY (%) | ▲ | 57.24% | +1.30 | 55.95% |
| Total Deposits ($M) | ▼ | $121 | -0.59 | $122 |
| Shareholders Equity ($M) | ▲ | $45 | +0.38 | $45 |
| Tang. Book Value ($M) | ▲ | $45 | +0.38 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +0.10 | $49 |
| Loan / Deposit Ratio (%) | ▲ | 57.24% | +1.30 | 55.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.01 | 0.57% |
| Allowance / Loans (%) | — | 0.60% | -0.01% | 0.61% |
| Net Charge-Off Ratio (%) | ▲ | 1.37% | -0.01 | 1.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▄▅▅▆█ | Net Interest Margin (%) | 1.94% | 1.89% | 1.80% | 1.95% | 2.00% | 2.01% | 2.04% | 2.17% |
| ▅▅▇██▇▁▃ | Return on Assets (%) | 0.26% | 0.31% | 0.46% | 0.64% | 0.71% | 0.53% | -0.33% | 0.02% |
| ▄▅█▄▃▄▄▁ | Efficiency Ratio (%) | 84.1% | 85.9% | 90.9% | 83.6% | 82.6% | 83.3% | 83.3% | 78.0% |
| ███▃▃▃▂▁ | Cost of Funds (%) | 1.99% | 2.00% | 1.96% | 1.76% | 1.73% | 1.74% | 1.67% | 1.62% |
| ▁█▁▅▆█▄▅ | NPA / Assets (%) | 0.48% | 0.63% | 0.48% | 0.57% | 0.61% | 0.65% | 0.56% | 0.57% |
| ▁█▁▅▆█▅▅ | Net Charge-Off Ratio (%) | 1.13% | 1.54% | 1.17% | 1.38% | 1.42% | 1.55% | 1.37% | 1.37% |
| ▁▂▃▆██▇█ | Tang. Book Value ($M) | $44 | $44 | $44 | $45 | $45 | $45 | $45 | $45 |
| █▃▁▁█▆▂▄ | Gross Loans ($M) | $71 | $69 | $69 | $68 | $71 | $70 | $69 | $70 |
| ▃█▄▃▁▃▇▁ | Total Deposits ($M) | $122 | $124 | $122 | $122 | $121 | $122 | $123 | $121 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 91% |
| Brokered / Other | 7% |