Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.39% | +0.61 | -1.00% |
| Return on Equity (%) | ▲ | -3.46% | +4.49 | -7.95% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.38 | 3.50% |
| Efficiency Ratio (%) | ▲ | 108.11% | -18.21 | 126.32% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.19 | $-0 |
| Cost of Funds (%) | ▲ | 1.51% | -0.17 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $359 | +139.01 | $220 |
| Gross Loans ($M) | ▲ | $186 | +75.40 | $110 |
| Loan Growth YoY (%) | ▲ | 64.23% | +6.59 | 57.64% |
| Total Deposits ($M) | ▲ | $286 | +97.68 | $189 |
| Shareholders Equity ($M) | ▲ | $33 | +3.72 | $30 |
| Tang. Book Value ($M) | ▲ | $31 | +3.74 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +4.68 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 64.23% | +6.59 | 57.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.08 | 0.16% |
| Allowance / Loans (%) | — | 0.83% | -0.38% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.17 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▅█▇ | Net Interest Margin (%) | 3.26% | 3.20% | 3.40% | 3.50% | 3.66% | 3.74% | 4.08% | 3.88% |
| ▁▂▄▄▄▂██ | Return on Assets (%) | -1.56% | -1.40% | -1.01% | -1.00% | -1.07% | -1.35% | -0.48% | -0.39% |
| ▇█▆▄▃▃▁▁ | Efficiency Ratio (%) | 137.4% | 146.5% | 134.0% | 126.3% | 119.9% | 119.8% | 108.2% | 108.1% |
| ▅▄▂▄█▁▁▁ | Cost of Funds (%) | 1.70% | 1.68% | 1.58% | 1.68% | 1.88% | 1.52% | 1.50% | 1.51% |
| ▅▃▂▂▁▁█▁ | NPA / Assets (%) | 0.40% | 0.25% | 0.19% | 0.16% | 0.15% | 0.11% | 0.69% | 0.08% |
| ▅▄▃▂▁▁█▁ | Net Charge-Off Ratio (%) | 0.74% | 0.55% | 0.41% | 0.32% | 0.26% | 0.19% | 1.12% | 0.15% |
| ▁▂▇▆▇███ | Tang. Book Value ($M) | $14 | $18 | $28 | $27 | $28 | $32 | $32 | $31 |
| ▁▁▂▃▄▅▇█ | Gross Loans ($M) | $80 | $89 | $98 | $110 | $126 | $146 | $170 | $186 |
| ▁▃▃▃▃▄▄█ | Total Deposits ($M) | $131 | $177 | $182 | $189 | $173 | $205 | $206 | $286 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 50% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 5% |