Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.39% | -0.22 | 0.61% |
| Return on Equity (%) | ▼ | 3.15% | -3.96 | 7.11% |
| Net Interest Margin (%) | ▼ | 3.98% | -0.46 | 4.44% |
| Efficiency Ratio (%) | ▼ | 84.78% | +5.98 | 78.79% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.10 | $0 |
| Cost of Funds (%) | ▼ | 1.55% | +1.15 | 0.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $151 | +78.10 | $73 |
| Gross Loans ($M) | ▲ | $62 | +16.20 | $46 |
| Loan Growth YoY (%) | ▼ | 45.45% | -25.77 | 71.22% |
| Total Deposits ($M) | ▲ | $135 | +71.48 | $64 |
| Shareholders Equity ($M) | ▲ | $14 | +8.00 | $6 |
| Tang. Book Value ($M) | ▲ | $14 | +8.00 | $6 |
| Loan / Deposit Ratio (%) | ▼ | 45.45% | -25.77 | 71.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.35 | 0.59% |
| Allowance / Loans (%) | — | 1.15% | -0.03% | 1.18% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆▇▇██▃▁ | Net Interest Margin (%) | 4.29% | 4.35% | 4.44% | 4.44% | 4.47% | 4.51% | 4.17% | 3.98% |
| ▅▄▃▄██▅▁ | Return on Assets (%) | 0.66% | 0.58% | 0.55% | 0.61% | 0.83% | 0.88% | 0.69% | 0.39% |
| ▇█▆▄▂▁▃█ | Efficiency Ratio (%) | 83.2% | 84.0% | 81.4% | 78.8% | 75.5% | 73.9% | 77.9% | 84.8% |
| ▁▁▁▁▁▁▂█ | Cost of Funds (%) | 0.30% | 0.33% | 0.32% | 0.40% | 0.33% | 0.29% | 0.59% | 1.55% |
| ▄█▄▂▂▂▁▁ | NPA / Assets (%) | 0.80% | 1.63% | 0.83% | 0.59% | 0.56% | 0.52% | 0.37% | 0.24% |
| ▇█▂▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.30% | 1.66% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▂███ | Tang. Book Value ($M) | $6 | $6 | $6 | $6 | $7 | $14 | $14 | $14 |
| ▂▁▁▂▂▅▆█ | Gross Loans ($M) | $45 | $43 | $45 | $46 | $47 | $53 | $56 | $62 |
| ▁▁▁▁▁▁▅█ | Total Deposits ($M) | $67 | $64 | $63 | $64 | $69 | $64 | $100 | $135 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 29% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 11% |
| Brokered / Other | 57% |