Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.13% | +2.04 | -1.91% |
| Return on Equity (%) | ▲ | 0.79% | +8.58 | -7.79% |
| Net Interest Margin (%) | ▼ | 4.69% | -0.49 | 5.18% |
| Efficiency Ratio (%) | ▲ | 89.93% | -33.68 | 123.62% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.27 | $-0 |
| Cost of Funds (%) | ▼ | 1.85% | +0.37 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $124 | +36.86 | $88 |
| Gross Loans ($M) | ▲ | $98 | +30.40 | $68 |
| Loan Growth YoY (%) | ▼ | 93.15% | -6.55 | 99.70% |
| Total Deposits ($M) | ▲ | $104 | +36.88 | $67 |
| Shareholders Equity ($M) | ▼ | $19 | -0.04 | $19 |
| Tang. Book Value ($M) | ▼ | $19 | -0.04 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 93.15% | -6.55 | 99.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.40% | 0.05% | 1.35% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▄▄▃▂▁ | Net Interest Margin (%) | 5.78% | 5.66% | 5.20% | 5.18% | 5.16% | 5.06% | 4.83% | 4.69% |
| ▁▂▃▄▅▆██ | Return on Assets (%) | -3.56% | -3.08% | -2.60% | -1.91% | -1.47% | -1.21% | 0.15% | 0.13% |
| █▇▇▅▄▄▁▁ | Efficiency Ratio (%) | 149.6% | 140.3% | 138.0% | 123.6% | 118.6% | 114.6% | 91.5% | 89.9% |
| ▁▄▅▄█▆██ | Cost of Funds (%) | 1.13% | 1.43% | 1.49% | 1.48% | 1.83% | 1.66% | 1.83% | 1.85% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▆▃▁▁▁▁▁ | Tang. Book Value ($M) | $20 | $19 | $19 | $19 | $19 | $19 | $19 | $19 |
| ▁▂▃▄▅▇██ | Gross Loans ($M) | $39 | $52 | $61 | $68 | $75 | $87 | $94 | $98 |
| ▁▁▂▄▅▆██ | Total Deposits ($M) | $42 | $48 | $57 | $67 | $74 | $86 | $97 | $104 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 24% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 24% |