Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.37% | +1.47 | -1.09% |
| Return on Equity (%) | ▲ | 2.74% | +10.81 | -8.07% |
| Net Interest Margin (%) | ▲ | 4.22% | +0.12 | 4.10% |
| Efficiency Ratio (%) | ▲ | 85.88% | -24.23 | 110.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.18 | $0 |
| Cost of Funds (%) | ▼ | 2.83% | +0.42 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $187 | +38.43 | $148 |
| Gross Loans ($M) | ▲ | $158 | +37.56 | $120 |
| Loan Growth YoY (%) | ▲ | 97.29% | +3.65 | 93.64% |
| Total Deposits ($M) | ▲ | $160 | +33.34 | $127 |
| Shareholders Equity ($M) | ▲ | $26 | +5.41 | $20 |
| Tang. Book Value ($M) | ▲ | $26 | +5.41 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 97.29% | +3.65 | 93.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.30% | -0.00% | 1.30% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆▁▃▇▃█▆ | Net Interest Margin (%) | 4.28% | 4.22% | 4.01% | 4.10% | 4.27% | 4.10% | 4.32% | 4.22% |
| ▁▁▃▄▅███ | Return on Assets (%) | -2.65% | -2.31% | -1.61% | -1.09% | -0.67% | 0.65% | 0.55% | 0.37% |
| ██▆▄▃▃▁▁ | Efficiency Ratio (%) | 148.3% | 140.5% | 123.7% | 110.1% | 102.9% | 103.1% | 82.3% | 85.9% |
| ▄▂▂▁▃▂▄█ | Cost of Funds (%) | 2.57% | 2.48% | 2.46% | 2.41% | 2.53% | 2.49% | 2.62% | 2.83% |
| ▁▁▁▁▁█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.21% | 0.00% | 0.00% |
| ▁▁▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.66% | 0.00% | 0.00% |
| ▁▁▁▄▇███ | Tang. Book Value ($M) | $17 | $16 | $16 | $20 | $24 | $25 | $26 | $26 |
| ▁▂▃▅▆███ | Gross Loans ($M) | $75 | $87 | $102 | $120 | $130 | $150 | $151 | $158 |
| ▁▁▃▅▅▇██ | Total Deposits ($M) | $85 | $94 | $113 | $127 | $130 | $155 | $166 | $160 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 17% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 22% |