Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -1.24% | -2.23 | 0.99% |
| Return on Equity (%) | ▼ | -17.71% | -30.96 | 13.25% |
| Net Interest Margin (%) | ▼ | 3.62% | -0.37 | 3.99% |
| Efficiency Ratio (%) | ▼ | 77.75% | +13.02 | 64.73% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.60 | $1 |
| Cost of Funds (%) | ▲ | 2.60% | -0.05 | 2.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $247 | -25.76 | $273 |
| Gross Loans ($M) | ▼ | $194 | -24.32 | $218 |
| Loan Growth YoY (%) | ▼ | 88.81% | -3.17 | 91.98% |
| Total Deposits ($M) | ▼ | $212 | -22.11 | $234 |
| Shareholders Equity ($M) | ▼ | $17 | -3.19 | $20 |
| Tang. Book Value ($M) | ▼ | $17 | -3.19 | $20 |
| TBV excl. AOCI ($M)** | ▼ | $19 | -3.46 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 88.81% | -3.17 | 91.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 5.39% | +4.01 | 1.38% |
| Allowance / Loans (%) | — | 3.01% | 1.59% | 1.42% |
| Net Charge-Off Ratio (%) | ▼ | 4.49% | +2.77 | 1.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.80% | -0.99 | 10.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▆█▇▆▅▁▁ | Net Interest Margin (%) | 3.81% | 3.92% | 4.04% | 3.99% | 3.90% | 3.84% | 3.62% | 3.62% |
| █████▆▁▄ | Return on Assets (%) | 0.67% | 0.75% | 1.07% | 0.99% | 0.92% | -0.19% | -3.04% | -1.24% |
| █▇▂▁▁▂██ | Efficiency Ratio (%) | 79.1% | 77.1% | 68.2% | 64.7% | 64.6% | 68.0% | 77.8% | 77.7% |
| █▆▂▆▇█▁▅ | Cost of Funds (%) | 2.71% | 2.63% | 2.51% | 2.66% | 2.70% | 2.73% | 2.45% | 2.60% |
| ▁▃▃▂▄▆▆█ | NPA / Assets (%) | 0.14% | 1.78% | 1.81% | 1.38% | 2.47% | 4.01% | 3.45% | 5.39% |
| ▁▄▃▄▆▅▄█ | Net Charge-Off Ratio (%) | 0.06% | 2.11% | 1.52% | 1.73% | 3.22% | 2.78% | 2.21% | 4.49% |
| ▆▆▆▇█▆▁▂ | Tang. Book Value ($M) | $20 | $20 | $20 | $20 | $21 | $20 | $17 | $17 |
| ▁▇██▅▃▁▁ | Gross Loans ($M) | $196 | $214 | $218 | $218 | $208 | $200 | $196 | $194 |
| ▄▁██▇▂▅▁ | Total Deposits ($M) | $220 | $210 | $236 | $234 | $232 | $216 | $224 | $212 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 36% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 26% |