Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.44% | +0.97 | -1.41% |
| Return on Equity (%) | ▲ | -3.15% | +7.16 | -10.31% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.64 | 2.67% |
| Efficiency Ratio (%) | ▲ | 110.84% | -40.16 | 151.01% |
| Pre-Provision Profit ($M) | ▲ | $-1 | +1.15 | $-2 |
| Cost of Funds (%) | ▲ | 1.69% | -0.42 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $399 | -29.49 | $429 |
| Gross Loans ($M) | ▼ | $329 | -47.69 | $377 |
| Loan Growth YoY (%) | ▼ | 96.78% | -17.06 | 113.83% |
| Total Deposits ($M) | ▲ | $336 | +8.63 | $328 |
| Shareholders Equity ($M) | ▼ | $57 | -3.06 | $60 |
| Tang. Book Value ($M) | ▼ | $54 | -2.50 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 96.78% | -17.06 | 113.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.20% | 0.11% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.38% | +1.25 | 18.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 1.96% | 2.06% | 2.48% | 2.67% | 2.82% | 2.89% | 3.31% | 3.31% |
| ▆▁▂▂▂▃██ | Return on Assets (%) | -0.83% | -1.67% | -1.43% | -1.41% | -1.47% | -1.25% | -0.37% | -0.44% |
| ██▆▆▆▅▁▁ | Efficiency Ratio (%) | 168.3% | 166.9% | 153.0% | 151.0% | 149.8% | 140.7% | 110.1% | 110.8% |
| █▆▅▃▂▁▂▁ | Cost of Funds (%) | 3.24% | 2.81% | 2.51% | 2.11% | 2.07% | 1.72% | 1.93% | 1.69% |
| ▁▁▁▁▁█▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▁█▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▄▃▂▁▁▁▁ | Tang. Book Value ($M) | $65 | $59 | $58 | $57 | $55 | $55 | $54 | $54 |
| █▇▅▄▃▂▁▁ | Gross Loans ($M) | $440 | $416 | $389 | $377 | $366 | $350 | $337 | $329 |
| █▇▅▁▁▅▁▁ | Total Deposits ($M) | $428 | $403 | $381 | $328 | $337 | $381 | $336 | $336 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 23% |