Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.71% | +4.58 | -5.29% |
| Return on Equity (%) | ▲ | -5.22% | +3.35 | -8.57% |
| Net Interest Margin (%) | ▲ | 2.54% | +0.76 | 1.78% |
| Efficiency Ratio (%) | ▲ | 125.26% | -347.53 | 472.80% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.58 | $-1 |
| Cost of Funds (%) | ▼ | 1.97% | +1.34 | 0.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $318 | +237.17 | $81 |
| Gross Loans ($M) | ▲ | $99 | +86.39 | $13 |
| Loan Growth YoY (%) | ▲ | 35.07% | +5.39 | 29.68% |
| Total Deposits ($M) | ▲ | $281 | +237.46 | $43 |
| Shareholders Equity ($M) | ▼ | $35 | -2.11 | $37 |
| Tang. Book Value ($M) | ▼ | $35 | -2.12 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 35.07% | +5.39 | 29.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.90% | -0.10% | 1.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 28.79% | -111.62 | 140.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|
| ▁▅▆▇██ | Net Interest Margin (%) | 0.63% | 1.78% | 2.01% | 2.16% | 2.50% | 2.54% |
| ▁▄▅▆██ | Return on Assets (%) | -8.41% | -5.29% | -3.61% | -2.80% | -0.82% | -0.71% |
| █▂▁▁▁▁ | Efficiency Ratio (%) | 1,900.0% | 472.8% | 312.1% | 244.5% | 136.4% | 125.3% |
| ▁▃▇█▇█ | Cost of Funds (%) | 0.01% | 0.62% | 1.61% | 1.87% | 1.53% | 1.97% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▆▄▃▁▁ | Tang. Book Value ($M) | $38 | $37 | $36 | $36 | $35 | $35 |
| ▁▂▃▆▇█ | Gross Loans ($M) | $0 | $13 | $36 | $68 | $77 | $99 |
| ▁▂▃▅▇█ | Total Deposits ($M) | $3 | $43 | $104 | $146 | $242 | $281 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 2% |