Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.08% | +0.31 | -0.24% |
| Return on Equity (%) | ▲ | 0.43% | +1.60 | -1.17% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.05 | 3.30% |
| Efficiency Ratio (%) | ▲ | 87.99% | -12.34 | 100.33% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.59% | -0.42 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $133 | +23.45 | $110 |
| Gross Loans ($M) | ▲ | $77 | +37.88 | $39 |
| Loan Growth YoY (%) | ▲ | 69.58% | +24.50 | 45.08% |
| Total Deposits ($M) | ▲ | $110 | +23.62 | $86 |
| Shareholders Equity ($M) | ▲ | $22 | +0.08 | $22 |
| Tang. Book Value ($M) | ▲ | $22 | +0.08 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 69.58% | +24.50 | 45.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.91% | -0.01% | 0.91% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 28.25% | -22.98 | 51.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▅▁▁▁▂▂▁ | Net Interest Margin (%) | 4.01% | 3.74% | 3.29% | 3.30% | 3.29% | 3.38% | 3.45% | 3.35% |
| ▆▄▁▅▆▇██ | Return on Assets (%) | -0.14% | -0.35% | -0.76% | -0.24% | -0.14% | -0.09% | 0.11% | 0.08% |
| ▆▇█▆▃▂▂▁ | Efficiency Ratio (%) | 99.4% | 101.7% | 106.1% | 100.3% | 94.7% | 91.3% | 91.9% | 88.0% |
| ▃▁▃██▆▁▁ | Cost of Funds (%) | 1.66% | 1.53% | 1.71% | 2.00% | 1.97% | 1.85% | 1.56% | 1.59% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▅▁▂▃▃▃▄ | Tang. Book Value ($M) | $22 | $22 | $21 | $22 | $22 | $22 | $22 | $22 |
| ▁▂▄▄▅▅▆█ | Gross Loans ($M) | $12 | $26 | $41 | $39 | $51 | $53 | $59 | $77 |
| ▁▄▇▆▆▅▇█ | Total Deposits ($M) | $42 | $68 | $94 | $86 | $92 | $83 | $99 | $110 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 14% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 11% |