Covington, LA · Cert 16417
State charter, non-member · FDIC · 5 branches
Q2 2026
Market Position · Slidell-Mandeville-Covington, LA · 2026 SOD (annual) · 2.0% share · #10 of 26 inst. · $0.2B of $7.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.88% | 0.57% | 0.95% | 1.12% | 0.82% | 0.93% | 0.77% | 0.49% | -63 bps | |
| Return on Equity | 10.01% | 6.15% | 10.20% | 11.63% | 8.00% | 8.69% | 7.32% | 4.66% | -696 bps | |
| Net Interest Margin | 3.46% | 3.65% | 3.77% | 4.06% | 3.92% | 3.84% | 3.67% | 3.48% | -58 bps | |
| Efficiency Ratio | 71.85% | 68.15% | 68.87% | 65.40% | 69.33% | 65.46% | 70.54% | 76.57% | +1,117 bps | |
| Non-Interest Burden | 2.43% | 2.39% | 2.53% | 2.57% | 2.65% | 2.42% | 2.53% | 2.62% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.61% | -2.67% | 3.00% | -1.71% | -6.67% | 0.14% | 0.89% | 0.80% | +251 bps | |
| Loan Growth (YoY) | 6.24% | -0.65% | -2.52% | -3.64% | -7.15% | -8.34% | -16.01% | -16.22% | -1,258 bps | |
| Deposit Growth (YoY) | 4.89% | 5.32% | 9.35% | 3.39% | -1.63% | -1.16% | 0.00% | 0.50% | -289 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.48% | 2.50% | 2.70% | 2.67% | 5.56% | 7.31% | 7.70% | 7.15% | +448 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.72% | 0.29% | 0.13% | +13 bps | |
| Allowance / Loans | 0.81% | 0.98% | 0.99% | 1.04% | 1.18% | 1.12% | 1.21% | 1.35% | +31 bps | |
| Allowance Coverage of NPLs | 0.3x | 0.4x | 0.4x | 0.4x | 0.2x | 0.2x | 0.2x | 0.2x | -0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.02% | 10.16% | 10.61% | 10.69% | 11.25% | 11.39% | 11.35% | 11.14% | +45 bps | |
| Total Risk-Based Capital | 10.02% | 10.16% | 10.61% | 10.69% | 11.25% | 11.39% | 11.35% | 11.14% | +45 bps | |
| Equity / Assets | 9.03% | 9.42% | 9.28% | 9.93% | 10.69% | 10.78% | 10.24% | 10.61% | +67 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.40% | 89.96% | 83.53% | 85.53% | 86.27% | 83.43% | 70.16% | 71.31% | -1,423 bps | |
| Liquid Assets / Assets | 7.28% | 2.84% | 8.89% | 8.66% | 6.33% | 10.67% | 21.91% | 19.76% | +1,110 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 327% | 303% | 302% | n/a | n/a | |