Union, SC · Cert 15085 · Jco Ventures LLC
State charter, non-member · FDIC · 19 branches
Q2 2026
Market Position · Spartanburg, SC · 2026 SOD (annual) · 7.3% share · #5 of 22 inst. · $0.5B of $6.6B
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 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.12% | 1.15% | 1.17% | 1.07% | 1.12% | 0 bps | |
| Return on Equity | 18.46% | 18.73% | 18.65% | 16.08% | 16.79% | -167 bps | |
| Net Interest Margin | 4.11% | 4.10% | 4.08% | 4.21% | 4.25% | +14 bps | |
| Efficiency Ratio | 67.85% | 67.74% | 68.01% | 71.09% | 70.07% | +222 bps | |
| Non-Interest Burden | 2.50% | 2.48% | 2.48% | 2.74% | 2.72% | +21 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 7.26% | 9.95% | 5.24% | 4.71% | 3.07% | -419 bps | |
| Loan Growth (YoY) | 10.36% | 11.29% | 8.89% | 6.54% | 6.05% | -432 bps | |
| Deposit Growth (YoY) | 2.32% | 0.12% | -2.38% | 1.46% | 0.97% | -135 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.59% | 0.55% | 0.58% | 0.61% | 0.60% | +1 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | +1 bps | |
| Allowance / Loans | 1.04% | 1.04% | 1.05% | 1.05% | 1.04% | 0 bps | |
| Allowance Coverage of NPLs | 1.8x | 1.9x | 1.8x | 1.7x | 1.7x | 0.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.16% | 8.19% | 8.11% | 8.27% | 8.30% | +14 bps | |
| Total Risk-Based Capital | 13.13% | 13.29% | 13.31% | 13.38% | 13.35% | +22 bps | |
| Equity / Assets | 6.21% | 6.36% | 6.61% | 6.66% | 6.80% | +59 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 85.91% | 87.55% | 89.69% | 87.52% | 90.23% | +432 bps | |
| Liquid Assets / Assets | 18.93% | 18.46% | 17.40% | 17.66% | 16.76% | -217 bps | |
| CRE / Total Capital | n/a | 336% | 329% | 335% | n/a | n/a | |