Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.25% | +0.31 | -0.56% |
| Return on Equity (%) | ▲ | -3.54% | +5.51 | -9.05% |
| Net Interest Margin (%) | ▲ | 2.74% | +0.26 | 2.49% |
| Efficiency Ratio (%) | ▼ | 139.29% | +29.10 | 110.19% |
| Pre-Provision Profit ($M) | ▼ | $-1 | -0.80 | $-1 |
| Cost of Funds (%) | ▲ | 2.92% | -0.26 | 3.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $393 | -16.40 | $409 |
| Gross Loans ($M) | ▼ | $271 | -47.33 | $318 |
| Loan Growth YoY (%) | ▼ | 83.04% | -4.48 | 87.52% |
| Total Deposits ($M) | ▼ | $323 | -36.57 | $359 |
| Shareholders Equity ($M) | ▲ | $28 | +0.35 | $28 |
| Tang. Book Value ($M) | ▲ | $27 | +0.46 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +1.38 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 83.04% | -4.48 | 87.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.37% | -1.00 | 1.37% |
| Allowance / Loans (%) | — | 1.08% | -0.11% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.54% | -1.22 | 1.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.25% | +1.03 | 9.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▂▂▂█▅ | Net Interest Margin (%) | 3.07% | 2.82% | 2.39% | 2.49% | 2.50% | 2.50% | 3.06% | 2.74% |
| ▄▁▆█████ | Return on Assets (%) | -3.28% | -5.40% | -1.70% | -0.56% | -0.45% | -0.47% | -0.13% | -0.25% |
| ▁▁▄▅▆▇▇█ | Efficiency Ratio (%) | 70.8% | 76.9% | 101.2% | 110.2% | 119.1% | 129.5% | 128.0% | 139.3% |
| ▆██▄▃▁▁▁ | Cost of Funds (%) | 3.39% | 3.56% | 3.54% | 3.18% | 3.13% | 2.92% | 2.90% | 2.92% |
| ▄██▅▅▄▁▁ | NPA / Assets (%) | 1.29% | 2.11% | 2.31% | 1.37% | 1.35% | 1.25% | 0.37% | 0.37% |
| ▅██▅▅▅▁▁ | Net Charge-Off Ratio (%) | 1.70% | 2.79% | 2.78% | 1.76% | 1.77% | 1.78% | 0.56% | 0.54% |
| █▁▁▁▁▁▁▁ | Tang. Book Value ($M) | $45 | $28 | $26 | $26 | $27 | $27 | $27 | $27 |
| █▇▅▃▂▁▁▁ | Gross Loans ($M) | $431 | $396 | $366 | $318 | $301 | $286 | $267 | $271 |
| █▇▄▃▂▁▁▁ | Total Deposits ($M) | $468 | $440 | $384 | $359 | $345 | $338 | $332 | $323 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 38% |