Richmond, VA · Cert 58658 · Locus
State charter, Fed member · FED · 2 branches
Q2 2026
Market Position · Blacksburg-Christiansburg-Radford, VA · 2026 SOD (annual) · 3.5% share · #8 of 14 inst. · $0.2B of $4.6B
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 | 1.20% | 1.37% | 0.95% | 1.11% | 1.57% | 0.95% | 1.25% | 1.27% | +16 bps | |
| Return on Equity | 5.66% | 6.61% | 4.61% | 5.29% | 7.41% | 4.52% | 5.90% | 6.09% | +80 bps | |
| Net Interest Margin | 2.80% | 3.03% | 3.15% | 3.35% | 3.33% | 3.38% | 3.39% | 3.49% | +13 bps | |
| Efficiency Ratio | 64.77% | 49.63% | 63.46% | 52.75% | 48.84% | 60.01% | 65.01% | 56.44% | +369 bps | |
| Non-Interest Burden | 1.75% | 1.23% | 1.95% | 1.67% | 1.39% | 1.96% | 2.15% | 1.86% | +19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.05% | 7.73% | 4.70% | 5.50% | 4.03% | 1.92% | 3.08% | 8.22% | +272 bps | |
| Loan Growth (YoY) | 11.66% | 2.12% | 6.55% | 5.41% | 2.16% | 5.50% | 4.39% | 8.43% | +302 bps | |
| Deposit Growth (YoY) | 23.07% | 11.94% | 6.96% | 14.15% | 5.98% | 3.34% | 2.98% | 10.91% | -323 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.30% | 1.11% | 1.02% | 0.64% | 0.60% | 0.79% | 0.65% | 0.62% | -2 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.00% | 0.47% | 0.00% | 0.00% | 0.07% | -0.09% | -56 bps | |
| Allowance / Loans | 0.66% | 0.69% | 0.65% | 0.63% | 0.60% | 0.65% | 0.55% | 0.58% | -6 bps | |
| Allowance Coverage of NPLs | 0.5x | 0.6x | 0.6x | 1.0x | 1.0x | 0.8x | 0.8x | 0.9x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 22.01% | 21.22% | 20.95% | 21.52% | 21.81% | 21.72% | 21.63% | 21.46% | -6 bps | |
| Total Risk-Based Capital | 22.01% | 21.22% | 20.95% | 21.52% | 21.81% | 21.72% | 21.63% | 21.46% | -6 bps | |
| Equity / Assets | 21.05% | 20.44% | 20.84% | 21.26% | 21.18% | 21.04% | 21.23% | 20.63% | -63 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 118.85% | 111.32% | 119.26% | 116.48% | 114.57% | 113.65% | 120.90% | 113.86% | -261 bps | |
| Liquid Assets / Assets | 4.16% | 9.11% | 4.74% | 4.53% | 6.43% | 6.30% | 2.48% | 2.41% | -211 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 209% | 217% | 221% | n/a | n/a | |