WASHINGTON, DC / ACCESS Newswire / October 29, 2025 / National Capital Bancorp, Inc. (the "Company") (OTCID:NACB), the holding company for The National Capital Bank of Washington ("NCB" or the "Bank"), reported net income of $1,787,000, or $1.55 per common share, for the three months ended September 30, 2025, compared to net income of $1,726,000, or $1.50 per common share, for the quarter ended September 30, 2024. For the nine months ended September 30, 2025, the Company reported net income of $5,374,000, o ...

Core Insights - First Commerce Bancorp, Inc. reported significant growth in net income, with a 84.4% increase to $2.1 million for Q3 2025 and a 50.6% increase to $5.1 million for the first nine months of 2025 compared to the same periods in 2024 [1][2] - The company achieved a book value increase of $0.24 per share to $8.63 as of September 30, 2025, reflecting ongoing profitability and a stock repurchase plan [2] - The balance sheet showed a total asset increase of 10.2% to $1.71 billion, driven by growth in loans and investment securities [4][30] Financial Performance - Net interest income rose by 29.7% to $10.8 million for Q3 2025, attributed to a $4.0 million increase in total interest income [11][21] - Total interest and dividend income increased by 19.7% to $24.1 million for Q3 2025, with interest income on loans rising by 13.1% [12][22] - Non-interest income grew by 47.6% to $859,000 for Q3 2025, primarily due to increased service charges and fees [17] Balance Sheet Overview - Total loans increased by 12.7% to $1.40 billion, with significant growth in commercial mortgage and multifamily mortgage loans [5][8] - Total deposits rose by 9.2% to $1.28 billion, supported by increases in time deposits and savings deposits [9][10] - Total investment securities increased by 53.4% to $172.2 million, driven by purchases of higher-yielding securities [7] Asset Quality - The allowance for credit losses increased by 7.5% to $15.9 million, representing 1.14% of total loans [30][31] - Non-accrual loans decreased to $12.4 million, or 0.89% of total loans, indicating improved asset quality [31] Operational Efficiency - Non-interest expense increased by 12.8% to $8.5 million for Q3 2025, with notable increases in salaries and employee benefits as well as occupancy expenses [18][27] - The income tax provision rose by 186.3% to $687,000 for Q3 2025, reflecting a significant increase in pre-tax income [20][29]

Core Insights - Beacon Financial Corporation reported a net loss of $(56.3) million, or $(0.64) per basic share, for Q3 2025, a significant decline compared to net income of $22.0 million in Q2 2025 and $20.1 million in Q3 2024 [1][2][30] - The financial results reflect one-time pre-tax costs of $129.8 million related to the merger with Berkshire Hills Bancorp and Brookline Bancorp, with operating earnings (non-GAAP) at $38.5 million, or $0.44 per diluted share, excluding these costs [2][3] Financial Performance - Total assets as of September 30, 2025, were $22.8 billion, with $12.1 billion in assets assumed from the merger [6][25] - Net interest income increased by $43.9 million to $132.6 million in Q3 2025, with a net interest margin of 3.72%, up 40 basis points from Q2 2025 [13][30] - Total non-interest income rose to $12.3 million, an increase of $6.3 million from the previous quarter, driven by combined company activity [14][30] Credit Quality - The provision for credit losses was $87.5 million for Q3 2025, significantly higher than $7.0 million in Q2 2025, reflecting merger-related accounting adjustments [15][30] - The ratio of nonperforming loans and leases to total loans and leases decreased to 0.54% from 0.65% in Q2 2025, although total nonaccrual loans increased to $98.6 million [18][30] Expenses and Dividends - Non-interest expenses increased by $77.3 million to $135.3 million, primarily due to one-time merger and restructuring costs [19][30] - The Board of Directors declared a quarterly dividend of $0.3225 per share, payable on November 24, 2025 [22][30] Merger Details - The merger was completed on September 1, 2025, creating a larger financial services entity with enhanced scale for profitability and growth [2][3] - Berkshire contributed approximately $12.1 billion in assets, $9.1 billion in loans, and $10.3 billion in deposits at the time of the merger [3][4]

Core Insights - Princeton Bancorp, Inc. reported a strong financial performance for the third quarter of 2025, achieving a net income of $6.5 million, or $0.95 per diluted share, a significant increase from a net loss of $4.5 million in the same quarter of 2024 [2][12]. Financial Performance - The net interest margin increased by 23 basis points to 3.77% compared to the previous quarter, driven by higher asset yields and reduced funding costs [2]. - Net interest income for the third quarter of 2025 was $19.6 million, up $809 thousand from the second quarter of 2025 and up $2.5 million from $17.1 million in the third quarter of 2024 [7][23]. - The company recorded a reversal of credit losses of $672 thousand during the third quarter of 2025, compared to a provision for credit losses of $4.6 million in the same quarter of 2024 [8][23]. Asset and Liability Management - Total assets decreased to $2.23 billion as of September 30, 2025, down $111.1 million or 4.75% from the end of 2024, primarily due to declines in cash, investment securities, and net loans [3][18]. - Total deposits decreased by $104 million, or 5.12%, compared to December 31, 2024, with significant reductions in certificates of deposit and money market deposits [4][22]. Equity and Capital Structure - Total stockholders' equity increased by $4.6 million, or 1.74%, compared to December 31, 2024, mainly due to an increase in retained earnings [5]. - The ratio of equity to total assets improved to 12.0% as of September 30, 2025, compared to 11.2% at the end of 2024 [5]. Non-Interest Income and Expenses - Total non-interest income for the third quarter of 2025 was $1.9 million, a decrease of $343 thousand or 15.2% from the previous quarter, primarily due to a decline in other non-interest income [9]. - Total non-interest expense increased by $408 thousand, or 3.0%, compared to the second quarter of 2025, but decreased significantly by $6.2 million or 30.9% compared to the third quarter of 2024, largely due to the absence of merger-related expenses [10][24].

Net income of $6.5 million ($1.52 per share), a NEW RECORD! Q3 2025 pre-tax and pre-provision income of $8.5 million. ...

EUREKA, Calif.--(BUSINESS WIRE)--Redwood Capital Bancorp Third Quarter 2025 Earnings Release. Company Reports Continued Strong Excess Liquidity. ...

Core Viewpoint - Chain Bridge Bancorp, Inc. (CBNA) reported quarterly earnings of $0.72 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, but down from $1.64 per share a year ago, indicating a significant year-over-year decline in earnings [1][2] Financial Performance - The company achieved an earnings surprise of +2.86% for the recent quarter and had previously delivered a surprise of +59.09% in the prior quarter [1][2] - Revenues for the quarter ended September 2025 were $13.12 million, missing the Zacks Consensus Estimate by 2.43%, and down from $16.73 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Chain Bridge Bancorp, Inc. shares have increased approximately 18.8% since the beginning of the year, outperforming the S&P 500's gain of 16.9% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.83 for the coming quarter and $3.08 for the current fiscal year, alongside expected revenues of $14.65 million and $55.25 million respectively [7] - The estimate revisions trend was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Banks - Northeast industry, to which Chain Bridge Bancorp belongs, is currently ranked in the top 18% of over 250 Zacks industries, suggesting a favorable industry outlook [8]

Core Insights - Finward Bancorp reported a net income of $3.5 million, or $0.81 per diluted share, for Q3 2025, an increase from $2.2 million, or $0.50 per diluted share, in Q2 2025 [1] - The company experienced improved profitability driven by margin expansion, stable credit, and enhanced overhead efficiency [1] Performance Metrics - Return on equity increased to 8.96% in Q3 2025 from 5.66% in Q2 2025 [1][10] - Return on assets rose to 0.68% in Q3 2025 compared to 0.42% in Q2 2025 [1][10] - Net interest margin on a tax-equivalent basis improved to 3.18% in Q3 2025 from 3.11% in Q2 2025 [1][10] Funding and Deposits - Total deposits reached $1.8 billion as of September 30, 2025, reflecting a slight increase of $4.2 million, or 0.2%, from Q2 2025 [4] - Non-interest-bearing deposits increased by $9.1 million to $280.3 million [4] - Core deposits remained stable at $1.2 billion, representing 69.3% of total deposits [4] Securities and Lending - Securities available for sale increased by $7.3 million to $335.2 million as of September 30, 2025 [4] - The Bank's loan portfolio totaled $1.5 billion, with new commercial loans originated amounting to $62.6 million in Q3 2025, up from $46.1 million in Q2 2025 [4] Asset Quality - Non-performing loans rose to $13.9 million, a 2.7% increase from $13.5 million in Q2 2025 [4] - The ratio of non-performing loans to total loans was 0.94% in Q3 2025, up from 0.91% in Q2 2025 [4] Operating Expenses and Efficiency - Non-interest expense as a percentage of average assets decreased to 2.74% in Q3 2025 from 2.90% in Q2 2025 [4] - The efficiency ratio improved to 81.22% in Q3 2025 from 88.92% in Q2 2025 [1][10] Capital Adequacy - The Bank's tier 1 leverage ratio was 8.77% as of September 30, 2025, up from 8.69% in Q2 2025 [4] - Tangible book value per share increased to $32.77 from $30.16 in the previous quarter [4]

Core Insights - Pacific West Bancorp reported a third quarter net income of $310 thousand, or $0.11 per diluted share, reflecting a significant increase compared to previous quarters [1][12][14]. Financial Performance - Total loans reached $272.1 million, growing by $11.7 million or 4.5% quarter-over-quarter and by $15.7 million or 6.1% year-over-year [12]. - Total deposits at the end of the quarter were $316.7 million, showing a year-over-year growth of $41.1 million or 14.9%, despite a strategic reduction of $7.5 million in high-cost municipal deposits [4][12]. - Interest income for the quarter was $4.8 million, an increase of $187 thousand or 4.0% from the prior quarter, with year-to-date interest income totaling $13.8 million, up $1.1 million or 8.4% compared to the same period in 2024 [5][12]. Margin and Efficiency - The net interest margin improved to 3.17% for the quarter, up from 3.11% in the prior quarter, and represented a 16.4% increase compared to the same period in 2024 [4][12][14]. - Net interest income before provision for credit losses increased by $175 thousand or 6.7% compared to the second quarter of 2025, and by $1.6 million or 25.1% year-to-date compared to the same period in 2024 [12][14]. Credit and Provisioning - The provision for credit losses in the third quarter totaled $171 thousand, compared to $120 thousand for the second quarter, reflecting the growth in loans [3][12]. - The allowance for credit losses to total loans was 1.21%, slightly up from 1.20% in the previous quarter [13][14]. Capital and Equity - Stockholders' equity totaled $35.3 million, an increase of $773 thousand from the prior quarter, driven by retained earnings and appreciation in the investment portfolio [7][12]. - The community bank leverage ratio stood at 9.96%, exceeding regulatory minimum requirements [7][14]. Leadership and Recognition - The company welcomed Aran Loftus as the new Chief Financial Officer, bringing extensive experience in the financial institutions sector [3]. - Pacific West Bancorp was recognized by the Portland Business Journal for the second consecutive year as one of the "Best Places to Work," highlighting its positive culture and commitment to employees [3].

Core Insights - Chain Bridge Bancorp, Inc. reported a net income of $4.7 million for the third quarter of 2025, achieving a return on average equity of 11.67% [1] Financial Performance - The financial results cover the third quarter of 2025 and the nine months ended September 30, 2025 [1] - The Company ended the period with a Tier 1 capital level, although specific figures were not provided in the excerpt [1]