Portsmouth, VA · Cert 35095
State charter, non-member · FDIC · 81 branches
Q2 2026
Market Position · Virginia Beach-Chesapeake-Norfolk, VA-NC · 2026 SOD (annual) · 35.9% share · #1 of 22 inst. · $11.2B of $31.1B
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 | 1.00% | 0.96% | 1.16% | 0.87% | 0.82% | 0.84% | 0.78% | 3.44% | +257 bps | |
| Return on Equity | 8.14% | 7.70% | 9.33% | 7.01% | 6.74% | 6.83% | 6.17% | 26.26% | +1,925 bps | |
| Net Interest Margin | 2.70% | 2.78% | 2.86% | 3.12% | 3.26% | 3.33% | 3.29% | 3.42% | +30 bps | |
| Efficiency Ratio | 73.11% | 72.53% | 68.38% | 72.71% | 71.38% | 74.85% | 78.26% | 43.58% | -2,913 bps | |
| Non-Interest Burden | 1.50% | 1.58% | 1.36% | 1.77% | 1.82% | 2.13% | 2.23% | -1.23% | -300 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.04% | 2.45% | 3.72% | 7.01% | 14.51% | 14.14% | 27.68% | 23.83% | +1,682 bps | |
| Loan Growth (YoY) | 2.78% | 1.58% | 1.88% | 8.12% | 16.40% | 15.69% | 30.60% | 22.87% | +1,475 bps | |
| Deposit Growth (YoY) | 3.23% | 3.73% | 3.56% | 7.40% | 14.91% | 14.25% | 25.96% | 21.68% | +1,428 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.06% | 0.07% | 0.06% | 0.07% | 0.07% | 0.09% | 0.23% | 0.22% | +15 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.01% | 0.02% | 0.00% | 0.01% | 0.06% | 0.04% | 0.15% | +15 bps | |
| Allowance / Loans | 1.06% | 1.06% | 1.07% | 1.07% | 1.10% | 1.09% | 1.29% | 1.29% | +23 bps | |
| Allowance Coverage of NPLs | 17.4x | 14.3x | 19.1x | 16.4x | 15.6x | 11.7x | 5.7x | 6.0x | -10.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.38% | 10.36% | 10.61% | 9.93% | 9.84% | 9.36% | 9.75% | 10.00% | +7 bps | |
| Total Risk-Based Capital | 15.54% | 15.68% | 15.65% | 14.49% | 13.98% | 14.14% | 13.87% | 14.63% | +15 bps | |
| Equity / Assets | 12.49% | 12.40% | 12.57% | 12.22% | 12.18% | 12.30% | 12.93% | 13.24% | +102 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.70% | 80.24% | 80.09% | 81.45% | 81.74% | 81.25% | 83.03% | 82.24% | +79 bps | |
| Liquid Assets / Assets | 8.01% | 8.37% | 7.95% | 6.26% | 6.40% | 6.92% | 6.86% | 7.88% | +163 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 442% | 436% | 442% | n/a | n/a | |