PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

New Horizon Bank, National Association

Powhatan, VA · Cert 58857 · CSBH LLC

National charter · OCC · 3 branches

Q2 2026

$359.3MAssets
$185.5MLoans
$286.4MDeposits
$33.2MEquity
Loan mix
90%RE $152.9M9%C&I $15.1M1%Consumer $1.9MQ2 2025Q2 2026
Deposit mix
50%Interest-bearing $144.4M50%Noninterest $142.0MQ2 2025Q2 2026

NIM

4.65%Q2 ’245.21%Q2 ’255.85%Q2 ’26+19%+15%

Non-interest income vs. expense

4.93%Q2 ’244.94%Q2 ’254.58%Q2 ’26-5%+1%

Market Position · Richmond, VA · 2026 SOD (annual) · 0.5% share · #15 of 30 inst. · $0.3B of $60.7B

31.5% Powhatan
0.3% Norfolk (City)
0.0% Henrico

Executive Summary

  • Earnings: ROA of -0.33%, up 65 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 0.15% of loans (-17 bps YoY), with net charge-offs at 0.42%.
  • Capital: tier 1 leverage ratio of 10.81%, down 306 bps from a year ago.
  • Funding: loans stand at 64.77% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

-0.33%+65 bps YoY

Net Interest Margin (quarter, annualized)

4.02%+52 bps YoY

Efficiency Ratio (quarter, annualized)

108.06%-1,211 bps YoY

Tier 1 Leverage Ratio

10.81%-306 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.98%-1.19%-2.16%-0.48%-0.33%+65 bps
Return on Equity-7.19%-8.74%-15.82%-3.77%-3.15%+404 bps
Net Interest Margin3.50%3.83%4.04%4.10%4.02%+52 bps
Efficiency Ratio120.17%109.78%119.56%108.17%108.06%-1,211 bps
Non-Interest Burden4.31%4.27%4.84%4.43%4.34%+4 bps
Growth
Asset Growth (YoY)72.74%44.99%26.40%30.35%63.09%-965 bps
Loan Growth (YoY)52.94%58.09%62.97%73.87%68.48%+1,554 bps
Deposit Growth (YoY)69.99%32.02%16.08%12.70%51.76%-1,823 bps
Asset Quality
Nonperforming Loans / Loans0.32%0.26%0.19%1.12%0.15%-17 bps
Net Charge-Offs / Loans0.18%0.26%0.15%0.07%0.42%+23 bps
Allowance / Loans1.21%1.11%1.03%0.98%0.83%-38 bps
Allowance Coverage of NPLs3.8x4.2x5.4x0.9x5.5x+1.7x
Capital
Tier 1 Leverage Ratio13.88%13.64%14.19%12.64%10.81%-306 bps
Total Risk-Based Capital13.88%13.64%14.19%12.64%10.81%-306 bps
Equity / Assets13.40%13.85%13.52%12.03%9.25%-415 bps
Liquidity & Funding
Loans / Deposits58.34%72.87%70.95%82.74%64.77%+643 bps
Liquid Assets / Assets27.21%21.67%30.84%13.54%28.66%+145 bps
CRE / Total Capitaln/a294%312%373%n/an/a