Mount Olive, NC · Cert 15359 · Southern Bancshares N C Inc.
State charter, non-member · FDIC · 56 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets operating regionally (n=176). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
36
Asset Quality
83
Profitability
63
Liquidity
12
Efficiency
76
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Mount Olive, NC · Cert 15359 · Southern Bancshares N C Inc.
State charter, non-member · FDIC · 56 branches
Q2 2026
Market Position · Virginia Beach-Chesapeake-Norfolk, VA-NC · 2026 SOD (annual) · 2.6% share · #7 of 22 inst. · $0.8B of $31.1B
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 | 1.13% | 1.30% | 0.47% | 0.95% | 0.87% | 1.19% | 0.89% | 1.40% | +45 bps | |
| Return on Equity | 17.42% | 19.90% | 6.59% | 12.88% | 11.49% | 15.44% | 10.90% | 17.13% | +425 bps | |
| Net Interest Margin | 2.40% | 2.39% | 2.73% | 2.88% | 2.90% | 2.94% | 3.34% | 3.37% | +49 bps | |
| Efficiency Ratio | 66.62% | 65.18% | 61.98% | 60.10% | 58.21% | 56.59% | 53.23% | 52.63% | -747 bps | |
| Non-Interest Burden | 1.40% | 1.36% | 1.48% | 1.50% | 1.45% | 1.42% | 1.50% | 1.48% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.72% | 5.36% | 2.88% | 3.04% | 3.74% | 3.69% | 6.85% | 7.31% | +427 bps | |
| Loan Growth (YoY) | 5.11% | 4.77% | 1.96% | 3.91% | 4.88% | 5.11% | 7.62% | 8.44% | +452 bps | |
| Deposit Growth (YoY) | 6.96% | 7.38% | 7.68% | 6.97% | 6.34% | 5.26% | 6.75% | 7.82% | +84 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.20% | 0.18% | 0.17% | 0.14% | 0.15% | 0.13% | 0.12% | 0.12% | -2 bps | |
| Net Charge-Offs / Loans | -0.02% | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.05% | 1.05% | 1.06% | 1.04% | 1.03% | 1.05% | 1.05% | 1.05% | +1 bps | |
| Allowance Coverage of NPLs | 5.3x | 5.7x | 6.2x | 7.2x | 6.9x | 8.2x | 8.6x | 8.7x | +1.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.41% | 9.37% | 9.49% | 9.98% | 9.92% | 9.57% | 9.69% | 9.63% | -34 bps | |
| Total Risk-Based Capital | 13.79% | 14.11% | 14.18% | 14.20% | 14.36% | 13.87% | 14.07% | 13.63% | -58 bps | |
| Equity / Assets | 7.24% | 6.75% | 7.42% | 7.93% | 8.13% | 8.16% | 8.22% | 8.18% | +25 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 73.10% | 73.12% | 72.26% | 74.22% | 72.09% | 73.02% | 72.85% | 74.65% | +43 bps | |
| Liquid Assets / Assets | 3.65% | 4.40% | 4.00% | 1.86% | 5.51% | 4.16% | 4.12% | 3.10% | +124 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 322% | 333% | 333% | n/a | n/a | |
Mount Olive, NC · Cert 15359 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · Southern Bancshares N C Inc.
State charter, non-member · FDIC · 56 branches
Q2 2026
Return on Assets
1.39%
Rank 63 of 176
Net Interest Margin
3.37%
Rank 118 of 176
Efficiency Ratio
52.63%
Rank 44 of 176
Equity / Assets
8.18%
Rank 156 of 176
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.39% | 0.93% | 1.26% | 1.54% | Beats 64% | 63 / 176 | ||
| Return on Equity | 16.98% | 9.26% | 11.89% | 14.46% | Beats 91% | 15 / 176 | ||
| Net Interest Margin | 3.37% | 3.25% | 3.59% | 3.93% | Beats 33% | 118 / 176 | ||
| Efficiency Ratio | 52.63% | 52.79% | 59.55% | 67.66% | Beats 76% | 44 / 176 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.12% | 0.30% | 0.64% | 1.32% | Beats 91% | 17 / 176 | ||
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.04% | 0.10% | Beats 74% | 46 / 176 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 12.68% | 11.15% | 12.72% | 14.15% | Beats 48% | 91 / 176 | ||
| Total Risk-Based Capital Ratio | 13.63% | 11.81% | 13.63% | 15.33% | Beats 50% | 88 / 176 | ||
| Equity / Assets | 8.18% | 9.16% | 10.35% | 11.80% | Beats 11% | 156 / 176 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 74.65% | 80.94% | 89.73% | 97.21% | 13th pctl | 154 / 176 | ||
| Loans / Assets | 67.95% | 69.25% | 75.12% | 80.82% | 19th pctl | 143 / 176 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||