Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.44% | +1.04 | -1.48% |
| Return on Equity (%) | ▲ | -2.15% | +3.95 | -6.10% |
| Net Interest Margin (%) | ▼ | 4.17% | -0.70 | 4.87% |
| Efficiency Ratio (%) | ▲ | 105.38% | -7.08 | 112.46% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.19 | $-0 |
| Cost of Funds (%) | ▲ | 2.00% | -0.22 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +19.14 | $132 |
| Gross Loans ($M) | ▼ | $100 | -1.26 | $101 |
| Loan Growth YoY (%) | ▼ | 81.54% | -17.56 | 99.10% |
| Total Deposits ($M) | ▲ | $120 | +20.00 | $100 |
| Shareholders Equity ($M) | ▼ | $29 | -0.28 | $29 |
| Tang. Book Value ($M) | ▼ | $29 | -0.28 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 81.54% | -17.56 | 99.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.71 | 0.07% |
| Allowance / Loans (%) | — | 1.76% | 0.07% | 1.69% |
| Net Charge-Off Ratio (%) | ▼ | 1.18% | +1.09 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▅▅▅▅▁▁ | Net Interest Margin (%) | 5.43% | 5.47% | 4.92% | 4.87% | 4.90% | 4.90% | 4.29% | 4.17% |
| ▃▁▆▇████ | Return on Assets (%) | -4.76% | -6.21% | -2.36% | -1.48% | -1.07% | -0.67% | -0.55% | -0.44% |
| ▆█▁▁▁▁▁▁ | Efficiency Ratio (%) | 162.9% | 190.4% | 111.5% | 112.5% | 110.1% | 102.1% | 110.1% | 105.4% |
| ▂▁▂██▇▃▅ | Cost of Funds (%) | 1.77% | 1.70% | 1.84% | 2.22% | 2.25% | 2.12% | 1.89% | 2.00% |
| ▁▁▄▁▁▅▄█ | NPA / Assets (%) | 0.02% | 0.09% | 0.33% | 0.07% | 0.07% | 0.41% | 0.36% | 0.77% |
| ▁▁▃▁▁▄▄█ | Net Charge-Off Ratio (%) | 0.03% | 0.11% | 0.44% | 0.09% | 0.09% | 0.53% | 0.51% | 1.18% |
| █▃▂▁▁▁▁▁ | Tang. Book Value ($M) | $32 | $30 | $29 | $29 | $29 | $29 | $29 | $29 |
| ▁▄▇█████ | Gross Loans ($M) | $69 | $85 | $97 | $101 | $100 | $101 | $103 | $100 |
| ▁▂▅▆▆▆██ | Total Deposits ($M) | $53 | $69 | $94 | $100 | $99 | $98 | $112 | $120 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 29% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 17% |