PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Elizabethton Federal Savings Bank

Elizabethton, TN · Cert 29904

State savings bank · OCC · 5 branches

Q2 2026

$326.0MAssets
$178.2MLoans
$187.9MDeposits
$137.2MEquity
Loan mix
99%RE $173.3M0%C&I $0.0M1%Consumer $1.2MQ3 2024Q2 2026
Deposit mix
98%Interest-bearing $183.4M2%Noninterest $4.5MQ3 2024Q2 2026

Market Position · Johnson City, TN · 2026 SOD (annual) · 2.6% share · #9 of 19 inst. · $0.1B of $5.3B

9.7% Carter
13.8% Johnson
1.2% Washington

Executive Summary

  • Earnings: ROA of 1.11%, up 5 bps year over year; NIM at 3.21%.
  • Asset quality: problem loans at 0.25% of loans (+24 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 42.27%, down 14 bps from a year ago.
  • Funding: loans stand at 94.82% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.11%+5 bps YoY

Net Interest Margin (quarter, annualized)

3.21%+35 bps YoY

Efficiency Ratio (quarter, annualized)

50.19%+196 bps YoY

Tier 1 Leverage Ratio

42.27%-14 bps YoY

NIM

3.41%Q2 ’243.97%Q2 ’254.27%Q2 ’26+28%+12%

Non-interest income vs. expense

1.34%Q2 ’241.47%Q2 ’251.67%Q2 ’26+7%+21%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.71%0.75%0.84%1.07%1.15%1.24%1.17%1.11%+5 bps
Return on Equity1.71%1.80%2.00%2.53%2.73%2.93%2.78%2.64%+11 bps
Net Interest Margin2.37%2.47%2.62%2.86%3.03%3.08%3.17%3.21%+35 bps
Efficiency Ratio56.24%60.65%49.86%48.22%46.50%48.65%47.03%50.19%+196 bps
Non-Interest Burden1.28%1.45%1.24%1.29%1.33%1.44%1.43%1.55%+27 bps
Growth
Asset Growth (YoY)-0.32%0.52%1.17%0.86%0.79%1.38%2.76%2.93%+207 bps
Loan Growth (YoY)4.28%3.97%6.71%6.20%10.21%11.14%8.81%9.08%+288 bps
Deposit Growth (YoY)-1.80%-0.38%0.45%-0.18%-0.56%0.38%2.66%3.04%+323 bps
Asset Quality
Nonperforming Loans / Loans0.08%0.05%0.10%0.00%0.10%0.00%0.00%0.25%+24 bps
Net Charge-Offs / Loans0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.01%+1 bps
Allowance / Loans0.93%0.92%0.93%0.92%0.88%0.86%0.86%0.84%-8 bps
Allowance Coverage of NPLs12.3x19.4x9.1x747.5x9.3xn/a498.3x3.4x-744.1x
Capital
Tier 1 Leverage Ratio41.71%41.79%42.26%42.42%42.29%42.36%42.49%42.27%-14 bps
Total Risk-Based Capital41.71%41.79%42.26%42.42%42.29%42.36%42.49%42.27%-14 bps
Equity / Assets41.37%41.97%42.04%42.14%41.99%42.46%42.05%42.09%-5 bps
Liquidity & Funding
Loans / Deposits82.79%86.24%88.18%89.58%91.76%95.49%93.46%94.82%+524 bps
Liquid Assets / Assets48.78%46.68%45.73%43.35%41.30%39.62%37.50%36.41%-694 bps
CRE / Total Capitaln/an/an/an/a26.03%25.08%25.06%n/an/a