The bank’s total assets reached $628.4 million by the end of June, representing a 15% increase over the previous year. Growth was largely fueled by a $74.9 million expansion in gross loans, while total deposits rose 18% to $551.2 million. Net interest income also saw significant gains, rising 21% to $6.39 million, bolstered by a $90.5 million increase in average outstanding loans.
Operational efficiency improved as the bank maintained a lean efficiency ratio of 34.67%. Asset quality remained a standout metric, with the institution reporting zero non-performing assets for the seventh consecutive quarter. Jim Marshall, President and Chief Executive Officer, credited the consistent results to the bank's focus on strengthening client relationships. Looking ahead, the bank maintains robust capital levels, with a total risk-based capital ratio of 14.1% as of June 30, 2026.





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