Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.47% | +4.31 | -3.84% |
| Return on Equity (%) | ▲ | 3.60% | +11.80 | -8.20% |
| Net Interest Margin (%) | ▼ | 4.20% | -0.86 | 5.06% |
| Efficiency Ratio (%) | ▲ | 73.35% | -70.85 | 144.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +1.29 | $-0 |
| Cost of Funds (%) | ▲ | 1.21% | -0.07 | 1.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $340 | +230.65 | $109 |
| Gross Loans ($M) | ▲ | $186 | +120.01 | $66 |
| Loan Growth YoY (%) | ▼ | 62.78% | -28.39 | 91.16% |
| Total Deposits ($M) | ▲ | $292 | +220.73 | $72 |
| Shareholders Equity ($M) | ▲ | $46 | +9.86 | $36 |
| Tang. Book Value ($M) | ▲ | $46 | +9.86 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +14.09 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 62.78% | -28.39 | 91.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.49% | 0.04% | 1.45% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 23.67% | -24.96 | 48.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|
| ▁███▇▇▇ | Net Interest Margin (%) | 1.09% | 4.63% | 5.06% | 4.78% | 4.30% | 4.14% | 4.20% |
| ▆▁▃▄▆██ | Return on Assets (%) | -1.26% | -5.33% | -3.84% | -2.45% | -1.33% | 0.44% | 0.47% |
| █▆▄▃▂▁▁ | Efficiency Ratio (%) | 238.7% | 185.1% | 144.2% | 123.3% | 101.8% | 77.0% | 73.3% |
| ▁▅▇█▆▆▇ | Cost of Funds (%) | 0.13% | 0.81% | 1.28% | 1.45% | 1.02% | 1.03% | 1.21% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▁▁▃▃█ | Tang. Book Value ($M) | $38 | $37 | $36 | $36 | $39 | $39 | $46 |
| ▁▂▃▄▅▇█ | Gross Loans ($M) | $10 | $37 | $66 | $87 | $119 | $143 | $186 |
| ▁▂▂▄███ | Total Deposits ($M) | $8 | $44 | $72 | $115 | $261 | $272 | $292 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 48% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 8% |