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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.06% | -2.17% | 0.26% | 0.47% | 0.61% | -0.50% | 0.20% | 0.40% | -7 bps | |
| Return on Equity | 4.10% | -8.10% | 0.95% | 1.76% | 2.33% | -1.88% | 0.74% | 1.58% | -18 bps | |
| Net Interest Margin | 3.65% | 3.47% | 3.36% | 3.43% | 3.38% | 3.30% | 3.18% | 3.37% | -6 bps | |
| Efficiency Ratio | 71.58% | 154.87% | 92.57% | 86.58% | 82.24% | 122.06% | 94.39% | 88.50% | +192 bps | |
| Non-Interest Burden | 2.58% | 4.86% | 3.10% | 2.96% | 2.77% | 3.93% | 2.99% | 2.97% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.00% | -8.09% | -5.05% | -3.53% | 2.69% | 1.92% | 4.56% | 6.18% | +971 bps | |
| Loan Growth (YoY) | -4.59% | -5.92% | -1.76% | -2.62% | -2.12% | -1.54% | -1.79% | 2.32% | +493 bps | |
| Deposit Growth (YoY) | -10.57% | -7.74% | -2.93% | 0.58% | 3.36% | 1.75% | 6.21% | 9.01% | +843 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.32% | 0.34% | 0.37% | 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% | 0.01% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 3.48% | 3.54% | 3.53% | 3.58% | 3.55% | 3.60% | 3.59% | 3.50% | -8 bps | |
| Allowance Coverage of NPLs | 10.8x | 10.3x | 9.6x | 9.8x | 13.0x | 14.6x | 13.5x | 16.5x | +6.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 27.08% | 27.03% | 27.35% | 27.31% | 27.11% | 26.94% | 26.55% | 25.43% | -188 bps | |
| Total Risk-Based Capital | 27.08% | 27.03% | 27.35% | 27.31% | 27.11% | 26.94% | 26.55% | 25.43% | -188 bps | |
| Equity / Assets | 27.02% | 26.61% | 26.94% | 26.21% | 26.57% | 26.53% | 26.20% | 24.70% | -150 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.30% | 97.24% | 99.44% | 93.52% | 95.93% | 94.10% | 91.95% | 87.77% | -574 bps | |
| Liquid Assets / Assets | 13.56% | 15.78% | 14.54% | 18.31% | 17.54% | 19.38% | 21.18% | 24.96% | +665 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 74.97% | 77.15% | 79.48% | n/a | n/a | |