Martinsville, VA · Cert 29685 · First Mutual Holding Co.
State savings bank · OCC · 4 affiliate banks · 1 branch (26 in holding)
Q2 2026
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 | 0.53% | 0.53% | 0.46% | 0.35% | 0.32% | 0.40% | 0.35% | 0.41% | +7 bps | |
| Return on Equity | 2.53% | 2.56% | 2.17% | 1.62% | 1.50% | 1.84% | 1.57% | 1.87% | +25 bps | |
| Net Interest Margin | 3.51% | 3.40% | 3.03% | 3.05% | 3.06% | 3.02% | 2.88% | 2.95% | -10 bps | |
| Efficiency Ratio | 76.37% | 76.92% | 78.28% | 82.16% | 83.59% | 80.06% | 82.46% | 80.99% | -116 bps | |
| Non-Interest Burden | 2.61% | 2.55% | 2.33% | 2.45% | 2.50% | 2.36% | 2.32% | 2.33% | -12 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.59% | 2.97% | -1.49% | -1.21% | -3.53% | -2.65% | -0.13% | -1.05% | +16 bps | |
| Loan Growth (YoY) | 22.38% | 24.17% | 13.27% | -0.88% | -2.04% | -2.83% | -5.42% | -7.61% | -672 bps | |
| Deposit Growth (YoY) | 2.68% | 2.82% | -2.80% | -2.43% | -4.92% | -3.95% | -0.59% | -1.82% | +61 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.24% | 1.78% | 1.46% | 1.39% | 1.25% | 1.27% | 1.06% | 0.65% | -74 bps | |
| Net Charge-Offs / Loans | -0.07% | -0.07% | -0.06% | -0.05% | -0.05% | -0.04% | -0.02% | -0.01% | +4 bps | |
| Allowance / Loans | 0.77% | 0.76% | 0.77% | 0.81% | 0.83% | 0.85% | 0.87% | 0.86% | +5 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.4x | 0.5x | 0.6x | 0.7x | 0.7x | 0.8x | 1.3x | +0.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 19.16% | 19.24% | 19.32% | 19.72% | 20.20% | 20.12% | 20.07% | 20.46% | +74 bps | |
| Total Risk-Based Capital | 41.15% | 41.43% | 42.44% | 42.95% | 44.02% | 44.93% | 46.11% | 48.01% | +506 bps | |
| Equity / Assets | 20.99% | 20.94% | 21.63% | 21.78% | 22.09% | 22.04% | 22.01% | 22.36% | +58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.34% | 74.59% | 78.17% | 78.10% | 77.62% | 75.46% | 74.38% | 73.50% | -460 bps | |
| Liquid Assets / Assets | 20.29% | 21.39% | 19.08% | 22.63% | 23.93% | 26.33% | 27.74% | 29.10% | +647 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 17.05% | 16.70% | 16.49% | n/a | n/a | |