Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.23% | +0.15 | -0.39% |
| Return on Equity (%) | ▲ | -2.25% | +0.77 | -3.02% |
| Net Interest Margin (%) | ▼ | 2.96% | -0.20 | 3.15% |
| Efficiency Ratio (%) | ▲ | 97.32% | -6.79 | 104.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $-0 |
| Cost of Funds (%) | ▲ | 2.78% | -0.33 | 3.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $261 | +49.40 | $212 |
| Gross Loans ($M) | ▲ | $199 | +26.75 | $173 |
| Loan Growth YoY (%) | ▼ | 84.86% | -8.50 | 93.36% |
| Total Deposits ($M) | ▲ | $232 | +49.64 | $183 |
| Shareholders Equity ($M) | ▼ | $26 | -0.11 | $26 |
| Tang. Book Value ($M) | ▼ | $25 | -0.18 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 84.86% | -8.50 | 93.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.17% | +1.17 | 0.00% |
| Allowance / Loans (%) | — | 1.08% | -0.07% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 1.48% | +1.48 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▂▅██▁▁ | Net Interest Margin (%) | 3.32% | 3.31% | 3.03% | 3.15% | 3.35% | 3.33% | 3.00% | 2.96% |
| █▇▁▁▂▁▂▂ | Return on Assets (%) | 0.52% | 0.35% | -0.37% | -0.39% | -0.23% | -0.35% | -0.20% | -0.23% |
| ▁▁█▇▅▄▆▅ | Efficiency Ratio (%) | 80.4% | 80.8% | 108.1% | 104.1% | 97.3% | 91.5% | 100.4% | 97.3% |
| ██▃▇▆▂▂▁ | Cost of Funds (%) | 3.19% | 3.16% | 2.91% | 3.11% | 3.04% | 2.83% | 2.83% | 2.78% |
| ▁▁▁▁▁▂▅█ | NPA / Assets (%) | 0.00% | 0.00% | 0.11% | 0.00% | 0.13% | 0.19% | 0.64% | 1.17% |
| ▁▁▁▁▁▂▅█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.14% | 0.00% | 0.16% | 0.25% | 0.79% | 1.48% |
| ▁▂▃▄█▃▂▁ | Tang. Book Value ($M) | $25 | $25 | $25 | $25 | $25 | $25 | $25 | $25 |
| ▁▂▃▅▇███ | Gross Loans ($M) | $145 | $157 | $164 | $173 | $189 | $195 | $200 | $199 |
| ▁▂▃▄▅█▇█ | Total Deposits ($M) | $148 | $167 | $179 | $183 | $201 | $224 | $217 | $232 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 17% |