Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.29% | +1.85 | -2.13% |
| Return on Equity (%) | ▲ | -4.70% | +33.59 | -38.29% |
| Net Interest Margin (%) | ▲ | 2.12% | +0.92 | 1.20% |
| Efficiency Ratio (%) | ▲ | 118.98% | -4611.76 | 4,730.74% |
| Pre-Provision Profit ($M) | ▲ | $-1 | +1.46 | $-2 |
| Cost of Funds (%) | ▲ | 2.94% | -0.64 | 3.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $867 | -212.81 | $1,080 |
| Gross Loans ($M) | ▼ | $619 | -180.49 | $800 |
| Loan Growth YoY (%) | ▼ | 78.40% | -13.36 | 91.76% |
| Total Deposits ($M) | ▼ | $782 | -80.51 | $862 |
| Shareholders Equity ($M) | ▼ | $56 | -4.73 | $61 |
| Tang. Book Value ($M) | ▼ | $56 | -4.69 | $60 |
| TBV excl. AOCI ($M)** | ▼ | $62 | -4.50 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 78.40% | -13.36 | 91.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.38% | -0.65 | 2.03% |
| Allowance / Loans (%) | — | 1.03% | -0.04% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 1.93% | -0.81 | 2.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.09% | +0.74 | 9.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 0.88% | 0.91% | 1.10% | 1.20% | 1.41% | 1.50% | 2.03% | 2.12% |
| ▆▆▁▄▅▅██ | Return on Assets (%) | -1.42% | -1.33% | -3.51% | -2.13% | -1.64% | -1.80% | -0.40% | -0.29% |
| ▁▁▁█▁▁▁▁ | Efficiency Ratio (%) | 247.8% | 238.6% | 0.0% | 4,730.7% | 411.5% | 504.6% | 121.2% | 119.0% |
| █▇▇▄▄▄▁▁ | Cost of Funds (%) | 4.44% | 4.16% | 4.11% | 3.57% | 3.57% | 3.48% | 2.85% | 2.94% |
| ▂▁▅▅▂▃█▁ | NPA / Assets (%) | 1.65% | 1.54% | 2.04% | 2.03% | 1.65% | 1.74% | 2.68% | 1.38% |
| ▁▂▄▄▂▃█▁ | Net Charge-Off Ratio (%) | 1.88% | 2.15% | 2.88% | 2.75% | 2.17% | 2.45% | 3.88% | 1.93% |
| ██▄▃▃▁▁▁ | Tang. Book Value ($M) | $72 | $71 | $62 | $60 | $61 | $55 | $56 | $56 |
| ██▅▅▄▂▁▁ | Gross Loans ($M) | $928 | $928 | $791 | $800 | $767 | $658 | $645 | $619 |
| ██▁▆▃▃▃▁ | Total Deposits ($M) | $904 | $901 | $795 | $862 | $815 | $821 | $816 | $782 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 13% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 49% |