Mertzon, TX · Cert 3339
National charter · OCC · 3 branches
Q2 2026
Market Position · San Angelo, TX · 2026 SOD (annual) · 12.3% share · #3 of 15 inst. · $0.4B of $3.4B
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 | 2.08% | 2.02% | 1.81% | 1.95% | 1.94% | 1.87% | 1.62% | 1.72% | -23 bps | |
| Return on Equity | 17.83% | 17.13% | 14.71% | 15.56% | 15.15% | 14.15% | 10.59% | 11.18% | -437 bps | |
| Net Interest Margin | 3.35% | 3.31% | 3.12% | 3.25% | 3.28% | 3.49% | 3.00% | 3.13% | -12 bps | |
| Efficiency Ratio | 24.75% | 27.41% | 27.32% | 25.61% | 26.28% | 30.19% | 33.55% | 31.20% | +559 bps | |
| Non-Interest Burden | 0.77% | 0.86% | 0.79% | 0.77% | 0.81% | 1.00% | 0.96% | 0.92% | +15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.31% | 4.85% | 9.68% | 6.75% | 5.12% | -8.72% | -8.91% | -7.30% | -1,405 bps | |
| Loan Growth (YoY) | -11.60% | -20.29% | -18.33% | -5.13% | 3.43% | 5.26% | 16.00% | 22.69% | +2,782 bps | |
| Deposit Growth (YoY) | 2.54% | 3.19% | 8.70% | 5.40% | 3.65% | -11.91% | -11.95% | -10.15% | -1,555 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.08% | 0.00% | 0.00% | 0.00% | 0.14% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.03% | 0.02% | 0.02% | 0.00% | 0.00% | -3 bps | |
| Allowance / Loans | 2.07% | 2.30% | 2.35% | 2.18% | 2.15% | 2.16% | 2.01% | 1.77% | -41 bps | |
| Allowance Coverage of NPLs | 24.7x | n/a | n/a | n/a | 15.3x | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.10% | 12.10% | 12.77% | 12.87% | 13.53% | 14.70% | 15.48% | 15.75% | +288 bps | |
| Total Risk-Based Capital | 85.25% | 85.66% | 89.90% | 86.69% | 90.26% | 91.63% | 85.81% | 78.10% | -859 bps | |
| Equity / Assets | 12.19% | 12.29% | 12.27% | 13.13% | 13.40% | 15.32% | 15.18% | 15.77% | +264 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 15.93% | 15.19% | 14.35% | 15.88% | 15.90% | 18.15% | 18.90% | 21.68% | +580 bps | |
| Liquid Assets / Assets | 84.89% | 85.42% | 86.14% | 85.02% | 85.07% | 83.27% | 82.65% | 80.42% | -460 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 47.71% | 44.79% | 53.09% | n/a | n/a | |