Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.43% | -0.15 | 0.58% |
| Return on Equity (%) | ▼ | 4.35% | -1.90 | 6.25% |
| Net Interest Margin (%) | ▲ | 3.59% | +0.13 | 3.47% |
| Efficiency Ratio (%) | ▼ | 85.10% | +5.48 | 79.63% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.05 | $0 |
| Cost of Funds (%) | ▲ | 2.27% | -0.08 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $100 | -4.02 | $104 |
| Gross Loans ($M) | ▼ | $89 | -3.39 | $92 |
| Loan Growth YoY (%) | ▼ | 102.83% | -4.39 | 107.22% |
| Total Deposits ($M) | ▲ | $86 | +0.33 | $85 |
| Shareholders Equity ($M) | ▲ | $10 | +0.39 | $10 |
| Tang. Book Value ($M) | ▲ | $10 | +0.41 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 102.83% | -4.39 | 107.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.07% | +1.49 | 0.59% |
| Allowance / Loans (%) | — | 0.71% | 0.04% | 0.67% |
| Net Charge-Off Ratio (%) | ▼ | 2.34% | +1.68 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.46% | +0.61 | 13.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▇███ | Net Interest Margin (%) | 3.11% | 3.14% | 3.44% | 3.47% | 3.52% | 3.54% | 3.54% | 3.59% |
| ▁▁█▇▇▄▅▃ | Return on Assets (%) | 0.33% | 0.30% | 0.64% | 0.58% | 0.58% | 0.45% | 0.47% | 0.43% |
| ██▁▂▂▅▅▆ | Efficiency Ratio (%) | 87.2% | 88.3% | 77.6% | 79.6% | 79.7% | 84.1% | 83.5% | 85.1% |
| ██▆▂▄▂▁▁ | Cost of Funds (%) | 2.73% | 2.69% | 2.58% | 2.35% | 2.45% | 2.38% | 2.28% | 2.27% |
| ▁▂▁▃▃▃▇█ | NPA / Assets (%) | 0.00% | 0.39% | 0.00% | 0.59% | 0.62% | 0.61% | 1.63% | 2.07% |
| ▁▂▁▃▃▃▇█ | Net Charge-Off Ratio (%) | 0.00% | 0.44% | 0.00% | 0.66% | 0.71% | 0.71% | 1.88% | 2.34% |
| ▁▁▃▄▆▆▇█ | Tang. Book Value ($M) | $9 | $9 | $9 | $10 | $10 | $10 | $10 | $10 |
| ██▆▇▄▄▁▁ | Gross Loans ($M) | $93 | $93 | $92 | $92 | $90 | $90 | $88 | $89 |
| ▁▃▄▆▄█▆▇ | Total Deposits ($M) | $82 | $84 | $84 | $85 | $84 | $86 | $85 | $86 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 21% |