Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.39% | -0.07 | 0.46% |
| Return on Equity (%) | ▼ | 3.57% | -1.59 | 5.16% |
| Net Interest Margin (%) | ▲ | 4.24% | +0.27 | 3.97% |
| Efficiency Ratio (%) | ▼ | 89.02% | +1.34 | 87.68% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.06 | $0 |
| Cost of Funds (%) | ▲ | 3.03% | -0.53 | 3.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $280 | -8.13 | $288 |
| Gross Loans ($M) | ▲ | $205 | +11.61 | $193 |
| Loan Growth YoY (%) | ▲ | 82.28% | +7.24 | 75.04% |
| Total Deposits ($M) | ▼ | $247 | -8.48 | $255 |
| Shareholders Equity ($M) | ▲ | $30 | +1.25 | $29 |
| Tang. Book Value ($M) | ▲ | $30 | +1.25 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 82.28% | +7.24 | 75.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.81% | +0.16 | 0.65% |
| Allowance / Loans (%) | — | 0.73% | 0.01% | 0.72% |
| Net Charge-Off Ratio (%) | ▼ | 0.78% | +0.16 | 0.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▄▄▇█ | Net Interest Margin (%) | 3.90% | 3.95% | 3.91% | 3.97% | 4.03% | 4.05% | 4.18% | 4.24% |
| ▁▂▇███▇▇ | Return on Assets (%) | -0.51% | -0.32% | 0.35% | 0.46% | 0.51% | 0.48% | 0.30% | 0.39% |
| █▇▂▁▁▁▁▁ | Efficiency Ratio (%) | 108.0% | 104.6% | 89.6% | 87.7% | 86.6% | 87.6% | 89.1% | 89.0% |
| ██▆▄▅▃▁▁ | Cost of Funds (%) | 4.12% | 4.13% | 3.79% | 3.55% | 3.66% | 3.35% | 3.08% | 3.03% |
| ▅█▁▃▂▅▅▆ | NPA / Assets (%) | 0.78% | 0.95% | 0.50% | 0.65% | 0.60% | 0.75% | 0.73% | 0.81% |
| ▄█▁▄▃▆▄▆ | Net Charge-Off Ratio (%) | 0.60% | 0.93% | 0.34% | 0.62% | 0.52% | 0.73% | 0.62% | 0.78% |
| ▁▁▁▇████ | Tang. Book Value ($M) | $21 | $21 | $21 | $29 | $30 | $30 | $30 | $30 |
| ▁▂▃▅▄▄██ | Gross Loans ($M) | $178 | $184 | $189 | $193 | $190 | $190 | $207 | $205 |
| ▁▃▆█▇▆▆▇ | Total Deposits ($M) | $217 | $228 | $241 | $255 | $247 | $245 | $244 | $247 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 1% |
| Interest-Bearing (core) | 89% |
| Brokered / Other | 10% |