Andalusia, AL · Cert 16595 · Southern National Corp.
State charter, non-member · FDIC · 5 branches
Q2 2026
Market Position · Crestview-Fort Walton Beach-Destin, FL · 2026 SOD (annual) · 1.8% share · #15 of 28 inst. · $0.1B of $8.3B
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 | 1.57% | 1.63% | 1.66% | 1.76% | 1.80% | 1.85% | 1.65% | 1.89% | +13 bps | |
| Return on Equity | 19.05% | 19.68% | 19.46% | 20.30% | 20.37% | 20.73% | 17.71% | 20.10% | -20 bps | |
| Net Interest Margin | 3.98% | 4.02% | 4.14% | 4.30% | 4.33% | 4.36% | 4.39% | 4.47% | +17 bps | |
| Efficiency Ratio | 53.21% | 53.30% | 53.49% | 52.48% | 51.83% | 51.81% | 57.25% | 52.80% | +31 bps | |
| Non-Interest Burden | 1.85% | 1.87% | 1.93% | 1.94% | 1.93% | 1.95% | 2.25% | 2.05% | +11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.88% | 3.65% | 3.89% | -1.47% | -3.25% | -0.23% | -0.77% | -0.48% | +100 bps | |
| Loan Growth (YoY) | 4.61% | 1.86% | 2.89% | 0.20% | 0.60% | 1.98% | 2.28% | 2.27% | +207 bps | |
| Deposit Growth (YoY) | 11.25% | 3.50% | 6.98% | 0.88% | -3.14% | -0.15% | -1.33% | -1.15% | -203 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.01% | 0.01% | 0.00% | 0.02% | 0.05% | 0.27% | 0.11% | 0.19% | +17 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.10% | 0.09% | 0.05% | 0.06% | 0.10% | 0.00% | 0.01% | -5 bps | |
| Allowance / Loans | 1.29% | 1.27% | 1.26% | 1.29% | 1.31% | 1.24% | 1.24% | 1.25% | -5 bps | |
| Allowance Coverage of NPLs | 229.4x | 195.4x | n/a | 63.2x | 27.8x | 4.5x | 11.0x | 6.5x | -56.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.80% | 9.75% | 9.91% | 10.26% | 10.42% | 10.18% | 10.25% | 10.53% | +27 bps | |
| Total Risk-Based Capital | 9.80% | 9.75% | 9.91% | 10.26% | 10.42% | 10.18% | 10.25% | 10.53% | +27 bps | |
| Equity / Assets | 8.37% | 8.45% | 8.64% | 8.91% | 9.30% | 9.27% | 9.32% | 9.64% | +74 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.54% | 82.73% | 82.88% | 83.25% | 82.61% | 84.50% | 85.91% | 86.14% | +289 bps | |
| Liquid Assets / Assets | 14.90% | 12.06% | 11.96% | 11.30% | 10.97% | 9.57% | 9.00% | 9.21% | -209 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 288% | 288% | 303% | n/a | n/a | |