Fort Walton Beach, FL · Cert 17580 · Southern National Banks Inc.
State charter, non-member · FDIC · 10 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 under $1B in assets operating in a single state (n=743 to 746). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
83
Asset Quality
88
Profitability
45
Liquidity
0
Efficiency
62
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.
Fort Walton Beach, FL · Cert 17580 · Southern National Banks Inc.
State charter, non-member · FDIC · 10 branches
Q2 2026
Market Position · Crestview-Fort Walton Beach-Destin, FL · 2026 SOD (annual) · 6.5% share · #4 of 28 inst. · $0.5B 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 | 1.85% | 1.85% | 1.71% | 1.67% | 1.62% | 1.61% | 1.21% | 1.18% | -49 bps | |
| Return on Equity | 16.75% | 16.89% | 15.56% | 15.11% | 14.61% | 14.65% | 11.44% | 10.95% | -416 bps | |
| Net Interest Margin | 3.81% | 3.79% | 3.58% | 3.54% | 3.47% | 3.48% | 3.17% | 3.15% | -38 bps | |
| Efficiency Ratio | 52.18% | 51.93% | 54.91% | 55.35% | 55.09% | 55.47% | 59.74% | 60.05% | +470 bps | |
| Non-Interest Burden | 1.51% | 1.49% | 1.54% | 1.56% | 1.55% | 1.60% | 1.65% | 1.66% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.62% | 4.36% | 3.32% | 2.27% | 4.69% | 5.95% | 8.81% | 3.02% | +75 bps | |
| Loan Growth (YoY) | 14.13% | 9.10% | 3.83% | 0.63% | 1.88% | -1.89% | -4.75% | -7.49% | -811 bps | |
| Deposit Growth (YoY) | 3.96% | 4.53% | 3.17% | 2.34% | 4.62% | 6.07% | 10.02% | 3.11% | +76 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.01% | 0.00% | -1 bps | |
| Net Charge-Offs / Loans | -0.07% | -0.06% | -0.03% | -0.03% | -0.02% | -0.03% | -0.04% | -0.08% | -5 bps | |
| Allowance / Loans | 1.68% | 1.66% | 1.57% | 1.53% | 1.51% | 1.42% | 1.44% | 1.52% | -1 bps | |
| Allowance Coverage of NPLs | 156.7x | 229.8x | 165.6x | 211.9x | n/a | 1220.7x | 212.3x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.83% | 10.90% | 11.42% | 11.25% | 11.10% | 10.99% | 10.78% | 11.08% | -17 bps | |
| Total Risk-Based Capital | 25.69% | 25.51% | 26.36% | 27.31% | 27.64% | 28.39% | 29.37% | 31.81% | +450 bps | |
| Equity / Assets | 10.89% | 10.75% | 11.27% | 11.12% | 11.20% | 10.69% | 10.47% | 11.26% | +14 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 50.31% | 49.38% | 49.61% | 48.69% | 48.99% | 45.68% | 42.94% | 43.69% | -500 bps | |
| Liquid Assets / Assets | 53.21% | 53.93% | 53.99% | 54.68% | 54.57% | 57.31% | 59.81% | 59.39% | +471 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 206% | 203% | 198.68% | n/a | n/a | |
Fort Walton Beach, FL · Cert 17580 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Southern National Banks Inc.
State charter, non-member · FDIC · 10 branches
Q2 2026
Return on Assets
1.20%
Rank 298 of 746
Net Interest Margin
3.15%
Rank 565 of 746
Efficiency Ratio
60.05%
Rank 283 of 746
Equity / Assets
11.26%
Rank 298 of 746
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.20% | 0.72% | 1.06% | 1.45% | Beats 60% | 298 / 746 | ||
| Return on Equity | 10.68% | 6.74% | 10.51% | 13.63% | Beats 52% | 361 / 746 | ||
| Net Interest Margin | 3.15% | 3.17% | 3.68% | 4.16% | Beats 24% | 565 / 746 | ||
| Efficiency Ratio | 60.05% | 55.74% | 64.58% | 75.47% | Beats 62% | 283 / 746 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.00% | 0.09% | 0.42% | 1.07% | Beats 100% | 105 / 743 | ||
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.05% | Beats 75% | 192 / 743 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 30.55% | 11.55% | 13.75% | 17.60% | Beats 95% | 37 / 746 | ||
| Total Risk-Based Capital Ratio | 31.81% | 11.71% | 14.33% | 18.43% | Beats 95% | 35 / 746 | ||
| Equity / Assets | 11.26% | 8.90% | 10.51% | 13.06% | Beats 60% | 298 / 746 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 43.69% | 61.31% | 78.27% | 90.78% | 7th pctl | 691 / 746 | ||
| Loans / Assets | 38.64% | 53.60% | 66.97% | 76.08% | 8th pctl | 690 / 746 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||