Spartanburg, SC · Cert 16288 · Southern Financial Corp.
State charter, non-member · FDIC · 8 branches
Q2 2026
Market Position · Spartanburg, SC · 2026 SOD (annual) · 1.8% share · #13 of 22 inst. · $0.1B 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 | 0.16% | 0.19% | 0.24% | 0.09% | 0.10% | -6 bps | |
| Return on Equity | 1.93% | 2.25% | 2.91% | 1.14% | 1.31% | -62 bps | |
| Net Interest Margin | 2.85% | 2.92% | 2.93% | 2.93% | 2.91% | +7 bps | |
| Efficiency Ratio | 88.00% | 87.23% | 87.43% | 91.97% | 91.64% | +364 bps | |
| Non-Interest Burden | 2.47% | 2.52% | 2.53% | 2.67% | 2.64% | +17 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 10.10% | 8.82% | 9.85% | 18.69% | 16.43% | +634 bps | |
| Loan Growth (YoY) | 7.60% | 10.72% | 19.58% | 24.79% | 25.04% | +1,744 bps | |
| Deposit Growth (YoY) | 8.72% | 7.58% | 10.16% | 21.08% | 19.90% | +1,118 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.89% | 0.16% | 0.14% | 0.12% | 0.28% | -61 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.10% | 0.10% | -0.05% | -0.03% | -11 bps | |
| Allowance / Loans | 1.07% | 1.02% | 1.01% | 1.00% | 1.02% | -5 bps | |
| Allowance Coverage of NPLs | 1.2x | 6.4x | 7.4x | 8.6x | 3.7x | +2.5x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.02% | 9.13% | 9.06% | 8.36% | 8.18% | -84 bps | |
| Total Risk-Based Capital | 9.02% | 9.13% | 9.06% | 8.36% | 8.18% | -84 bps | |
| Equity / Assets | 8.16% | 8.47% | 8.47% | 7.75% | 7.88% | -28 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 70.93% | 72.67% | 74.53% | 73.97% | 73.97% | +304 bps | |
| Liquid Assets / Assets | 2.06% | 2.31% | 3.82% | 6.45% | 5.53% | +347 bps | |
| CRE / Total Capital | n/a | 438% | 459% | 488% | n/a | n/a | |