Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.28% | +0.89 | -0.61% |
| Return on Equity (%) | ▲ | 2.53% | +6.40 | -3.87% |
| Net Interest Margin (%) | ▲ | 3.23% | +0.03 | 3.20% |
| Efficiency Ratio (%) | ▲ | 91.17% | -23.49 | 114.66% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.19 | $-0 |
| Cost of Funds (%) | ▲ | 2.68% | -0.02 | 2.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $125 | +34.07 | $91 |
| Gross Loans ($M) | ▲ | $102 | +34.37 | $68 |
| Loan Growth YoY (%) | ▲ | 101.49% | +3.86 | 97.62% |
| Total Deposits ($M) | ▲ | $100 | +31.26 | $68 |
| Shareholders Equity ($M) | ▲ | $13 | +0.22 | $13 |
| Tang. Book Value ($M) | ▲ | $13 | +0.22 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 101.49% | +3.86 | 97.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.18% | +2.18 | 0.00% |
| Allowance / Loans (%) | — | 0.70% | -0.35% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 2.68% | +2.68 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▄▄▄▇▄ | Net Interest Margin (%) | 3.34% | 3.29% | 3.11% | 3.20% | 3.22% | 3.21% | 3.29% | 3.23% |
| ▁▂▅▅▅▆██ | Return on Assets (%) | -1.76% | -1.50% | -0.72% | -0.61% | -0.56% | -0.39% | 0.21% | 0.28% |
| ██▅▄▄▄▁▁ | Efficiency Ratio (%) | 140.0% | 134.1% | 117.5% | 114.7% | 113.9% | 109.6% | 93.7% | 91.2% |
| ▁▁▂▅█▆▄▄ | Cost of Funds (%) | 2.48% | 2.46% | 2.55% | 2.70% | 2.93% | 2.79% | 2.67% | 2.68% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.18% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.68% |
| █▃▃▁▂▃▃▄ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $13 | $13 | $13 | $13 |
| ▁▂▂▃▅▆▇█ | Gross Loans ($M) | $47 | $55 | $60 | $68 | $75 | $86 | $95 | $102 |
| ▁▁▃▃▅▆██ | Total Deposits ($M) | $53 | $55 | $66 | $68 | $76 | $87 | $95 | $100 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 28% |