Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.27% | +0.23 | 2.05% |
| Return on Equity (%) | ▼ | 7.46% | -1.02 | 8.48% |
| Net Interest Margin (%) | ▲ | 5.69% | +0.20 | 5.49% |
| Efficiency Ratio (%) | ▲ | 61.06% | -3.49 | 64.55% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.16 | $2 |
| Cost of Funds (%) | ▲ | 1.93% | -0.01 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $336 | -78.54 | $415 |
| Gross Loans ($M) | ▼ | $245 | -66.83 | $311 |
| Loan Growth YoY (%) | ▲ | 116.16% | +9.09 | 107.07% |
| Total Deposits ($M) | ▼ | $208 | -79.42 | $287 |
| Shareholders Equity ($M) | ▲ | $109 | +9.17 | $99 |
| Tang. Book Value ($M) | ▲ | $109 | +9.17 | $99 |
| Loan / Deposit Ratio (%) | ▲ | 116.16% | +9.09 | 107.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 6.38% | +2.09 | 4.29% |
| Allowance / Loans (%) | — | 1.22% | 0.04% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 6.73% | +2.56 | 4.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▁▄▄▆▄ | Net Interest Margin (%) | 5.92% | 5.88% | 5.52% | 5.49% | 5.66% | 5.69% | 5.80% | 5.69% |
| ▁▁▂▂██▄▃ | Return on Assets (%) | 1.81% | 1.88% | 2.03% | 2.05% | 3.10% | 2.98% | 2.36% | 2.27% |
| ███▇▁▁▄▄ | Efficiency Ratio (%) | 66.4% | 67.2% | 65.9% | 64.5% | 55.9% | 56.6% | 61.6% | 61.1% |
| ▁▁▄▃█▆▂▃ | Cost of Funds (%) | 1.81% | 1.83% | 1.97% | 1.94% | 2.18% | 2.05% | 1.89% | 1.93% |
| ▁▁▁▁▂▃▆█ | NPA / Assets (%) | 4.36% | 4.19% | 4.15% | 4.29% | 4.43% | 4.74% | 5.66% | 6.38% |
| ▁▁▁▁▁▂▅█ | Net Charge-Off Ratio (%) | 3.97% | 3.93% | 3.95% | 4.17% | 4.08% | 4.43% | 5.53% | 6.73% |
| ▂▂▁▁▅▇██ | Tang. Book Value ($M) | $100 | $100 | $98 | $99 | $104 | $106 | $108 | $109 |
| █████▅▄▁ | Gross Loans ($M) | $311 | $308 | $306 | $311 | $303 | $281 | $273 | $245 |
| ▇▇██▅▃▂▁ | Total Deposits ($M) | $269 | $276 | $283 | $287 | $256 | $237 | $225 | $208 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 31% |