Southpoint Bancshares Inc. · OTC:SOUB
Southpoint Bancshares — Q2 2026 Earnings Presentation
21 slides from Southpoint Bancshares's earnings presentation, Jul 1, 2026
Slide 1: 2nd Quarter 2026 Financial Results
2nd Quarter 2026 Financial Results
Slide 2: Disclaimer
Disclaimer We make forward-looking statements in this message that are based on our management’s beliefs, assumptions, expectations and estimates, and on information currently available to our management. Forward-looking statements include all statements that are not historical facts, and they invol
Slide 3: Return on Tangible Common Equity (TCE)
SOUTHPOINT BANCSHARES, INC. Return on Tangible Common Equity (TCE) Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 4: Earnings Per Share (6 Months)
SOUTHPOINT BANCSHARES, INC. Earnings Per Share (6 Months) Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 5: Tangible Book Value Per Share
SOUTHPOINT BANCSHARES, INC. Tangible Book Value Per Share Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 6: Shares Outstanding
Shares Outstanding There were 2,984,035 shares of common stock outstanding as of June 30, 2026
Slide 7: Total Assets ($000's)
SOUTHPOINT BANK Total Assets ($000’s) Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 8: Total Loans ($000's)
SOUTHPOINT BANK Total Loans ($ 000’s) Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 9: Total Deposits ($000's)
SOUTHPOINT BANK Total Deposits ($ 000’s) $2,000,000 $1,536,449 $1,600,000 $1,247,267 $1,200,000 $800,000 $400,000 $0 June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 10: Net Income YTD
SOUTHPOINT BANK Net Income YTD $6,000,000 $4,597,416 $4,000,000 $2,000,000 $0 -$2,000,000 -$4,000,000 -$6,000,000 -$8,000,000 -$10,000,000 -$12,000,000 -$14,000,000 -$12,420,381 June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics
Slide 11: HML Net Income YTD
SOUTHPOINT BANK HML Net Income YTD $1,900,000 $1,700,000 $1,500,000 $1,354,642 $1,300,000 $1,174,823 $1,100,000 $900,000 $700,000 $500,000 June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 12: Return On Assets
SOUTHPOINT BANK Return On Assets 1.25% 1.00% 0.75% 0.52% 0.50% 0.25% 0.00% -0.25% -0.50% -0.75% -1.00% -1.25% -1.50% -1.75% -2.00% -1.75% June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 13: Return On Equity
SOUTHPOINT BANK Return On Equity 10.00% 6.68% 7.50% 5.00% 2.50% 0.00% -2.50% -5.00% -7.50% -10.00% -12.50% -15.00% -17.50% -20.00% -22.50% -21.71% -25.00% June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 14: Capital (Tier Leverage)
SOUTHPOINT BANK Capital (Tier 1 Leverage) 10.00% 8.00% 7.09% 6.86% 6.00% 4.00% 2.00% 0.00% June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 15: Net Interest Margin
SOUTHPOINT BANK Net Interest Margin 5.00% 4.00% 3.18% 2.98% 3.00% 2.00% 1.00% 0.00% June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 16: Loan to Deposit (LTD)
SOUTHPOINT BANK Loan to Deposit (LTD) 110.00% 93.21% 90.00% 85.23% 70.00% 50.00% June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 17: Allowance for Loan Loss
SOUTHPOINT BANK Allowance for Loan Loss 5.00% 4.00% 3.00% 2.75% 2.00% 1.01% 1.00% 0.00% June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 18: Efficiency Ratio
SOUTHPOINT BANK Efficiency Ratio 100.00% 80.00% 65.56% 57.73% 60.00% 40.00% 20.00% 0.00% June-2025 June-2026 Note: Financial data as of June 30, 2026, unless otherwise noted. Reflects unaudited financial metrics.
Slide 19: Summary Financial Highlights
SOUTHPOINT BANK Summary Financial Highlights June 2026 June 2025 December 2025 2026 YoY Actual Actual Actual % Change % Change Assets Net Loans 1,035,656,258 1,426,643,604 1,171,899,760 (11.63%) (27.41%) Total Investments 45,547,814 56,834,891 58,438,818 (22.06%) (19.86%) Total Assets 1,355,292,144
Slide 20: Summary Financial Highlights
SOUTHPOINT BANK Summary Financial Highlights 2026 2026 2026 2026 2025 June June June June June MTD Actual MTD Budget YTD Actual YTD Budget YTD Actual Total Interest Income 6,497,835 7,007,979 40,172,966 42,059,128 54,237,559 Total Interest Expense 3,027,246 3,263,431 19,038,107 19,790,811 28,962,085
Slide 21: Ratios Analysis
SOUTHPOINT BANK Ratios Analysis June 2026 June 2026 June 2025 December 2025 MTD YTD YTD YTD Return on Assets (4.79%) (1.75%) 0.52% (0.54%) Return on Equity (59.97%) (21.71%) 6.68% (7.19%) Tier 1 Capital 6.86% 6.86% 7.09% 7.07% Net Interest Margin 3.33% 3.18% 2.98% 3.16% Loan to Deposit 85.23% 85.23%
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