Hattiesburg, MS · Cert 34217
FDIC · 115 branches
Q1 2025
Market Position · Gulfport-Biloxi, MS · 2024 SOD (annual) · 11.0% share · #3 of 16 inst. · $0.9B of $8.2B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.33% | 1.12% | 0.67% | 1.15% | 1.13% | 1.16% | 1.13% | 0.02% | -113 bps | |
| Return on Equity | 10.37% | 8.81% | 5.14% | 8.68% | 8.36% | 8.37% | 8.08% | 0.16% | -851 bps | |
| Net Interest Margin | 3.60% | 3.30% | 3.11% | 3.08% | 3.12% | 3.18% | 3.24% | 3.07% | -1 bps | |
| Efficiency Ratio | 53.17% | 58.12% | 57.09% | 55.25% | 54.50% | 54.79% | 57.01% | 93.21% | +3,796 bps | |
| Non-Interest Burden | 1.67% | 1.68% | 1.57% | 1.46% | 1.45% | 1.52% | 1.63% | 2.81% | +136 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 30.21% | 22.22% | 23.62% | -0.63% | 1.35% | 1.04% | 0.06% | -0.30% | +34 bps | |
| Loan Growth (YoY) | 60.22% | 36.92% | 36.90% | 3.42% | 4.77% | 4.43% | 4.60% | 4.63% | +121 bps | |
| Deposit Growth (YoY) | 22.60% | 16.87% | 17.53% | 0.66% | 1.91% | 1.10% | 2.09% | -3.78% | -445 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.32% | 0.34% | 0.23% | 0.23% | 0.28% | 0.33% | 0.41% | 0.55% | +32 bps | |
| Net Charge-Offs / Loans | 0.07% | 0.00% | 0.06% | 0.01% | 0.04% | 0.03% | 0.04% | 0.05% | +4 bps | |
| Allowance / Loans | 1.05% | 1.05% | 1.04% | 1.05% | 1.05% | 1.05% | 1.04% | 1.04% | -1 bps | |
| Allowance Coverage of NPLs | 3.3x | 3.1x | 4.6x | 4.6x | 3.7x | 3.1x | 2.6x | 1.9x | -2.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.31% | 10.70% | 10.73% | 10.79% | 11.16% | 11.39% | 11.64% | 11.15% | +36 bps | |
| Total Risk-Based Capital | 14.12% | 14.75% | 14.75% | 14.93% | 15.09% | 15.20% | 15.37% | 14.69% | -23 bps | |
| Equity / Assets | 12.74% | 12.73% | 13.20% | 13.41% | 13.58% | 14.09% | 13.94% | 13.90% | +48 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.07% | 78.46% | 79.87% | 76.54% | 79.23% | 81.04% | 81.84% | 83.24% | +670 bps | |
| Liquid Assets / Assets | 9.57% | 9.32% | 9.83% | 10.72% | 8.78% | 8.66% | 8.62% | 8.56% | -216 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |