Virginia Beach, VA · Cert 59262
State charter, Fed member · FED · 1 branch
Q2 2026
Market Position · Virginia Beach-Chesapeake-Norfolk, VA-NC · 2026 SOD (annual) · 0.2% share · #17 of 22 inst. · $0.1B 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 | -0.36% | 0.27% | -0.23% | 0.01% | 0.18% | 0.30% | 0.16% | 0.40% | +39 bps | |
| Return on Equity | -1.55% | 1.13% | -1.00% | 0.06% | 0.83% | 1.40% | 0.71% | 1.85% | +179 bps | |
| Net Interest Margin | 3.61% | 3.65% | 3.49% | 3.85% | 4.03% | 4.17% | 4.01% | 4.16% | +31 bps | |
| Efficiency Ratio | 112.47% | 89.73% | 110.51% | 95.36% | 92.25% | 88.19% | 95.36% | 85.67% | -969 bps | |
| Non-Interest Burden | 4.06% | 3.23% | 3.86% | 3.67% | 3.68% | 3.64% | 3.79% | 3.52% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -13.42% | -11.25% | -1.67% | 10.38% | 9.54% | 9.74% | -5.10% | 11.71% | +133 bps | |
| Loan Growth (YoY) | 6.56% | 26.00% | 8.45% | 13.56% | 13.66% | 7.53% | 9.33% | 1.55% | -1,201 bps | |
| Deposit Growth (YoY) | -18.36% | -18.27% | -3.26% | 17.58% | 10.29% | 5.39% | 16.35% | 11.77% | -581 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% | 0 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 25.43% | 25.65% | 28.74% | 26.43% | 24.62% | 24.64% | 24.60% | 24.06% | -237 bps | |
| Total Risk-Based Capital | 44.44% | 42.02% | 43.23% | 38.18% | 37.21% | 38.22% | 38.42% | 38.78% | +60 bps | |
| Equity / Assets | 23.52% | 23.62% | 23.14% | 21.27% | 21.65% | 21.82% | 24.68% | 19.13% | -214 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.62% | 81.59% | 78.05% | 74.53% | 81.02% | 83.24% | 73.35% | 67.72% | -681 bps | |
| Liquid Assets / Assets | 36.07% | 33.78% | 36.45% | 29.06% | 20.55% | 21.87% | 15.82% | 29.41% | +35 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 182.92% | 184.91% | 177.95% | n/a | n/a | |