Morganton, NC · Cert 30434
SI · FDIC · 1 branch
Q2 2026
Market Position · Hickory-Lenoir-Morganton, NC · 2026 SOD (annual) · 1.1% share · #11 of 15 inst. · $0.1B of $6.8B
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 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.36% | 0.45% | 0.21% | 0.20% | 0.30% | -6 bps | |
| Return on Equity | 1.36% | 1.68% | 0.79% | 0.74% | 1.16% | -20 bps | |
| Net Interest Margin | 3.39% | 3.36% | 3.34% | 3.18% | 3.22% | -16 bps | |
| Efficiency Ratio | 89.54% | 87.08% | 94.62% | 94.39% | 91.32% | +178 bps | |
| Non-Interest Burden | 3.02% | 2.91% | 3.16% | 2.99% | 2.93% | -9 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.53% | 2.69% | 1.92% | 4.56% | 6.18% | +971 bps | |
| Loan Growth (YoY) | -2.62% | -2.12% | -1.54% | -1.79% | 2.32% | +493 bps | |
| Deposit Growth (YoY) | 0.58% | 3.36% | 1.75% | 6.21% | 9.01% | +843 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.37% | 0.27% | 0.25% | 0.27% | 0.21% | -15 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 3.58% | 3.55% | 3.60% | 3.59% | 3.50% | -8 bps | |
| Allowance Coverage of NPLs | 9.8x | 13.0x | 14.6x | 13.5x | 16.5x | +6.7x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 27.31% | 27.11% | 26.94% | 26.55% | 25.43% | -188 bps | |
| Total Risk-Based Capital | 27.31% | 27.11% | 26.94% | 26.55% | 25.43% | -188 bps | |
| Equity / Assets | 26.21% | 26.57% | 26.53% | 26.20% | 24.70% | -150 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 93.52% | 95.93% | 94.10% | 91.95% | 87.77% | -574 bps | |
| Liquid Assets / Assets | 18.31% | 17.54% | 19.38% | 21.18% | 24.96% | +665 bps | |
| CRE / Total Capital | n/a | 74.97% | 77.15% | 79.48% | n/a | n/a | |