Salem, AR · Cert 11243 · Smith Associated Banking Corp.
State charter, Fed member · FED · 4 branches
Q2 2026
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.86% | 1.73% | 1.61% | 1.61% | 1.58% | 1.55% | 1.74% | 1.67% | +7 bps | |
| Return on Equity | 16.49% | 15.13% | 13.42% | 13.38% | 13.18% | 12.91% | 14.33% | 13.68% | +30 bps | |
| Net Interest Margin | 5.04% | 4.17% | 4.23% | 4.31% | 4.33% | 4.26% | 4.39% | 4.56% | +25 bps | |
| Efficiency Ratio | 57.22% | 58.56% | 54.40% | 54.02% | 53.07% | 54.44% | 49.95% | 51.56% | -246 bps | |
| Non-Interest Burden | 2.64% | 2.25% | 2.09% | 2.13% | 2.10% | 2.13% | 2.00% | 2.16% | +2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 39.00% | 36.71% | 36.89% | 36.27% | 3.21% | 6.63% | 6.59% | 3.80% | -3,247 bps | |
| Loan Growth (YoY) | 50.52% | 47.71% | 48.82% | 44.26% | 3.58% | 3.39% | 0.37% | 0.70% | -4,355 bps | |
| Deposit Growth (YoY) | 36.95% | 34.83% | 35.23% | 34.22% | 2.73% | 6.48% | 6.53% | 3.36% | -3,086 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.20% | 0.10% | 0.18% | 0.27% | 1.91% | 2.09% | 1.90% | 1.79% | +153 bps | |
| Net Charge-Offs / Loans | -0.02% | 0.00% | -0.01% | 0.00% | 0.00% | 0.01% | 0.06% | 0.26% | +26 bps | |
| Allowance / Loans | 1.75% | 1.75% | 1.76% | 1.82% | 1.91% | 1.93% | 2.00% | 2.00% | +18 bps | |
| Allowance Coverage of NPLs | 8.7x | 17.1x | 9.5x | 6.9x | 1.0x | 0.9x | 1.1x | 1.1x | -5.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 14.40% | 12.24% | 12.43% | 12.19% | 12.40% | 12.54% | 12.44% | 12.43% | +24 bps | |
| Total Risk-Based Capital | 14.40% | 12.24% | 12.43% | 12.19% | 12.40% | 12.54% | 12.44% | 12.43% | +24 bps | |
| Equity / Assets | 11.57% | 11.99% | 12.02% | 11.98% | 12.01% | 12.14% | 12.12% | 12.39% | +41 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.34% | 90.85% | 90.72% | 90.29% | 90.09% | 88.22% | 85.48% | 87.97% | -232 bps | |
| Liquid Assets / Assets | 10.63% | 9.72% | 10.95% | 12.10% | 12.45% | 14.79% | 16.92% | 15.40% | +330 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 94.95% | 93.02% | 91.63% | n/a | n/a | |