Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.04% | +0.63 | -0.67% |
| Return on Equity (%) | ▲ | -0.49% | +6.18 | -6.67% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.20 | 3.69% |
| Efficiency Ratio (%) | ▲ | 100.29% | -13.61 | 113.90% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.34 | $-0 |
| Cost of Funds (%) | ▲ | 2.85% | -0.25 | 3.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $189 | +26.38 | $162 |
| Gross Loans ($M) | ▲ | $154 | +22.17 | $131 |
| Loan Growth YoY (%) | ▲ | 108.97% | +11.20 | 97.76% |
| Total Deposits ($M) | ▲ | $140 | +6.52 | $133 |
| Shareholders Equity ($M) | ▲ | $18 | +3.49 | $15 |
| Tang. Book Value ($M) | ▲ | $18 | +3.41 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 108.97% | +11.20 | 97.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.94% | -0.03% | 0.97% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▃▄▄▄▅ | Net Interest Margin (%) | 4.29% | 4.00% | 3.44% | 3.69% | 3.80% | 3.80% | 3.79% | 3.89% |
| ▁▂██████ | Return on Assets (%) | -6.54% | -5.40% | -0.68% | -0.67% | -0.43% | -0.39% | -0.34% | -0.04% |
| █▇▁▁▁▁▁▁ | Efficiency Ratio (%) | 235.6% | 207.8% | 116.5% | 113.9% | 109.0% | 106.3% | 108.7% | 100.3% |
| ▄▁▃▆█▃▃▃ | Cost of Funds (%) | 2.95% | 2.63% | 2.81% | 3.10% | 3.34% | 2.89% | 2.86% | 2.85% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▂▁▁▁▁▂█ | Tang. Book Value ($M) | $16 | $15 | $15 | $15 | $15 | $15 | $15 | $18 |
| ▁▃▅▆▆▇██ | Gross Loans ($M) | $78 | $106 | $123 | $131 | $128 | $144 | $150 | $154 |
| ▁▅▇▇▇███ | Total Deposits ($M) | $76 | $113 | $132 | $133 | $132 | $144 | $140 | $140 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 12% |