Midlothian, VA · Cert 35111
FDIC · 9 branches
Q1 2025
Market Position · Richmond, VA · 2024 SOD (annual) · 1.1% share · #10 of 28 inst. · $0.6B of $55.3B
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 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.88% | 0.17% | 0.39% | 1.10% | 1.06% | 1.13% | 1.08% | -0.02% | -112 bps | |
| Return on Equity | 8.92% | 1.72% | 3.92% | 10.48% | 10.08% | 10.56% | 10.06% | -0.15% | -1,063 bps | |
| Net Interest Margin | 3.47% | 3.43% | 3.57% | 3.62% | 3.61% | 3.70% | 3.73% | 3.82% | +20 bps | |
| Efficiency Ratio | 74.44% | 74.31% | 73.12% | 67.47% | 69.32% | 68.31% | 70.33% | 103.07% | +3,560 bps | |
| Non-Interest Burden | 2.42% | 2.38% | 2.44% | 2.17% | 2.27% | 2.29% | 2.40% | 3.95% | +179 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.33% | -2.21% | 1.61% | 1.50% | -1.10% | 4.24% | 2.63% | -0.86% | -236 bps | |
| Loan Growth (YoY) | 5.14% | 4.72% | 7.27% | 10.47% | 8.98% | 7.99% | 7.44% | 0.28% | -1,019 bps | |
| Deposit Growth (YoY) | -6.84% | -6.15% | -3.13% | 0.32% | 0.04% | 3.04% | 2.26% | 2.80% | +248 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.53% | 0.48% | 0.43% | 0.48% | 0.24% | 0.32% | 0.19% | 0.10% | -38 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.04% | -0.03% | -0.01% | -0.04% | -0.03% | -0.02% | 0.00% | +1 bps | |
| Allowance / Loans | 0.58% | 0.59% | 0.59% | 0.60% | 0.60% | 0.60% | 0.59% | 0.62% | +2 bps | |
| Allowance Coverage of NPLs | 1.1x | 1.2x | 1.4x | 1.2x | 2.5x | 1.9x | 3.1x | 5.9x | +4.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.18% | 10.74% | 11.14% | 11.36% | 11.33% | 11.57% | 11.56% | 11.64% | +28 bps | |
| Total Risk-Based Capital | 14.97% | 14.19% | 14.49% | 14.13% | 14.06% | 14.16% | 14.45% | 14.68% | +54 bps | |
| Equity / Assets | 9.76% | 10.09% | 10.50% | 10.46% | 10.69% | 11.07% | 11.06% | 11.42% | +95 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.35% | 90.94% | 95.55% | 96.23% | 97.34% | 95.31% | 100.39% | 93.87% | -236 bps | |
| Liquid Assets / Assets | 1.37% | 0.71% | 0.99% | 2.82% | 0.42% | 1.96% | 0.75% | 3.53% | +71 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |