Absecon, NJ · Cert 6442 · Absecon Bcorp
National charter · OCC · 4 branches
Q2 2026
Market Position · Atlantic City-Hammonton, NJ · 2026 SOD (annual) · 1.5% share · #11 of 16 inst. · $0.2B of $11.5B
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 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.60% | 0.62% | 0.58% | 0.67% | 0.52% | 0.82% | 0.77% | 0.81% | +14 bps | |
| Return on Equity | 7.39% | 7.66% | 7.01% | 7.99% | 6.14% | 9.44% | 8.26% | 8.78% | +79 bps | |
| Net Interest Margin | 3.63% | 3.53% | 3.52% | 3.56% | 3.62% | 3.65% | 3.77% | 3.76% | +19 bps | |
| Efficiency Ratio | 82.38% | 80.74% | 78.38% | 76.12% | 82.72% | 76.55% | 77.43% | 75.86% | -26 bps | |
| Non-Interest Burden | 2.96% | 2.81% | 2.71% | 2.66% | 2.95% | 2.69% | 2.87% | 2.80% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.89% | 4.55% | 5.09% | 8.52% | 6.97% | 1.33% | -0.90% | -0.49% | -901 bps | |
| Loan Growth (YoY) | -4.01% | 5.77% | 12.28% | 12.97% | 10.47% | 6.51% | 3.94% | -0.89% | -1,386 bps | |
| Deposit Growth (YoY) | -3.06% | 4.29% | 4.64% | 7.99% | 6.74% | 0.15% | -2.05% | -1.28% | -927 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.11% | 0.10% | 0.09% | 0.08% | 0.08% | 0.07% | 0.07% | 0.06% | -2 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 | 0.85% | 0.86% | 0.90% | 0.91% | 0.89% | 0.90% | 0.89% | 0.90% | -1 bps | |
| Allowance Coverage of NPLs | 7.6x | 8.8x | 9.9x | 11.0x | 11.3x | 12.8x | 13.5x | 14.2x | +3.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.32% | 10.02% | 10.03% | 10.03% | 9.99% | 10.25% | 10.44% | 10.21% | +18 bps | |
| Total Risk-Based Capital | 10.32% | 10.02% | 10.03% | 10.03% | 9.99% | 10.25% | 10.44% | 10.21% | +18 bps | |
| Equity / Assets | 8.69% | 8.22% | 8.38% | 8.55% | 8.93% | 9.21% | 9.30% | 9.22% | +67 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.31% | 66.80% | 67.74% | 69.22% | 68.63% | 71.04% | 71.88% | 69.49% | +27 bps | |
| Liquid Assets / Assets | 11.65% | 11.53% | 12.30% | 11.62% | 12.86% | 11.11% | 10.34% | 13.20% | +158 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 186.34% | 184.25% | 184.35% | n/a | n/a | |