Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.42% | +0.34 | 0.08% |
| Return on Equity (%) | ▲ | 4.81% | +3.58 | 1.23% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.62 | 3.07% |
| Efficiency Ratio (%) | ▲ | 86.24% | -6.65 | 92.89% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.06 | $0 |
| Cost of Funds (%) | ▲ | 1.48% | -0.42 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $124 | -3.50 | $127 |
| Gross Loans ($M) | ▲ | $63 | +0.29 | $62 |
| Loan Growth YoY (%) | ▲ | 55.65% | +2.36 | 53.29% |
| Total Deposits ($M) | ▼ | $111 | -4.41 | $116 |
| Shareholders Equity ($M) | ▲ | $11 | +0.90 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.90 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +0.53 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 55.65% | +2.36 | 53.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.75% | +0.49 | 0.26% |
| Allowance / Loans (%) | — | 0.90% | 0.03% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 1.49% | +0.96 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -19.59 | 19.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 2.51% | 2.56% | 2.99% | 3.07% | 3.17% | 3.26% | 3.62% | 3.69% |
| ▁▂▁▃▂▂█▆ | Return on Assets (%) | -0.07% | 0.00% | -0.09% | 0.08% | 0.05% | 0.06% | 0.60% | 0.42% |
| ██▇▅▆▅▁▃ | Efficiency Ratio (%) | 102.7% | 100.9% | 97.4% | 92.9% | 94.1% | 93.5% | 79.2% | 86.2% |
| ██▄▅▂▁▁▂ | Cost of Funds (%) | 2.28% | 2.19% | 1.81% | 1.90% | 1.56% | 1.43% | 1.34% | 1.48% |
| ▁▃▂▁▂███ | NPA / Assets (%) | 0.22% | 0.41% | 0.30% | 0.26% | 0.35% | 0.72% | 0.78% | 0.75% |
| ▁▃▂▁▂▇█▇ | Net Charge-Off Ratio (%) | 0.46% | 0.88% | 0.67% | 0.52% | 0.71% | 1.46% | 1.64% | 1.49% |
| ▁▁▆▆▇▇██ | Tang. Book Value ($M) | $7 | $7 | $10 | $10 | $10 | $10 | $11 | $11 |
| █▇▆▂▁▁▂▃ | Gross Loans ($M) | $69 | $68 | $66 | $62 | $60 | $60 | $62 | $63 |
| ███▃▁▂▄▂ | Total Deposits ($M) | $129 | $129 | $130 | $116 | $108 | $111 | $117 | $111 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 8% |
| Consumer | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 21% |