Company Overview - Jack Henry & Associates, Inc. announced its deconversion revenue for the fiscal second quarter ended December 31, 2025[5] - The company is listed on the Nasdaq Global Select Market under the ticker symbol JKHY[3] - The address of the company's principal executive offices is 663 Highway 60, Monett, MO 65708[1] Financial Reporting - The press release detailing the financial results was issued on January 27, 2026[5] - The report was signed by Mimi L. Carsley, Chief Financial Officer and Treasurer, on January 27, 2026[8] - The document does not provide specific financial figures or performance metrics for the quarter[5] - No financial statements or detailed exhibits were included in the current report[6] - The report complies with the requirements of the Securities Exchange Act of 1934[8] Business Developments - There is no indication of new product developments or market expansion strategies in the current report[5] - The company has not identified itself as an emerging growth company in this filing[4]

Financial Performance - Stock Yards Bancorp reported record fourth quarter earnings of $36.6 million, or $1.24 per diluted share, compared to $31.7 million, or $1.07 per diluted share in Q4 2024, representing a 15% increase[1]. - For the full year 2025, net income reached a record $140.2 million, or $4.75 per diluted share, a 22% increase from the previous year[1]. - Net income for the year 2025 was $140.150 million, up from $114.539 million in 2024, with diluted earnings per share increasing to $4.75 from $3.89[34]. - Net income for Q4 2025 was $36,614 million, a slight increase from $36,241 million in Q3 2025, representing a year-over-year growth of 16.5%[38]. - Basic net income per share increased to $1.25 in Q4 2025 from $1.23 in Q3 2025[38]. Loan and Deposit Growth - Total loans increased by $521 million, or 8%, year over year, with loan production for 2025 at $1.6 billion compared to $1.5 billion in 2024[7][17]. - Total loans increased to $7.041 billion in 2025 from $6.520 billion in 2024, marking a growth of about 8%[36]. - Total loans expanded by $112 million, or 2%, with the C&D segment being the primary growth driver[29]. - Total deposits increased by $147 million, or 2%, with interest-bearing deposits rising by $300 million, or 5%[30]. - Deposit balances grew by $625 million, or 9%, over the past 12 months, with interest-bearing deposits increasing by $645 million, or 11%[5][19]. Income and Revenue - Net interest income for Q4 2025 increased by $9.3 million, or 13%, to $79.3 million, driven by strong earning asset growth[10]. - Non-interest income rose by $1.6 million, or 7%, to $25.1 million in Q4 2025 compared to Q4 2024[14]. - Total non-interest income rose to $25,128 million in Q4 2025, up 2.7% from $24,476 million in Q3 2025[38]. - Treasury management fees hit a record $3.1 million, up 15% from Q4 2024, driven by new product sales and fee increases[20]. - Mortgage banking income increased to $860 million in Q4 2025 from $781 million in Q4 2024, and total non-interest income rose to $25.128 billion from $23.507 billion year-over-year[34]. Asset Quality - Non-performing loans decreased to $13.0 million, or 0.19% of total loans, down from $22.2 million, or 0.34% a year earlier[21]. - Non-performing loans decreased to $13.034 million, down from $22.214 million, resulting in a non-performing loans to total loans ratio of 0.19% compared to 0.34%[36]. - The provision for credit losses decreased to $1,650 million in Q4 2025 from $1,975 million in Q3 2025, reflecting improved credit quality[37]. - Non-performing loans decreased to $13,034, down from $18,659 in the previous quarter, indicating improved asset quality[41]. Efficiency and Ratios - The efficiency ratio improved to 52.46% in Q4 2025 from 55.21% in Q4 2024, indicating better cost management[35]. - The efficiency ratio improved to 52.46%, down from 52.99% in the previous quarter, indicating better cost management[41]. - Total equity to assets ratio improved to 11.28% as of December 31, 2025, compared to 10.61% a year prior, with tangible book value per share increasing by 19% to $29.50[22]. - The ratio of total stockholders' equity to total assets improved to 11.28% from 11.19% in the previous quarter[44]. - The ratio of tangible common equity to tangible assets was 9.32%, up from 9.16% in the previous quarter[44]. Shareholder Value - Cash dividends declared per share increased to $1.26 in 2025 from $1.22 in 2024, reflecting a commitment to returning value to shareholders[34]. - Tangible book value per share increased by 19% year over year to a record $29.50[1]. - The book value per share increased to $36.49 in 2025 from $31.96 in 2024, reflecting stronger equity position[34]. - Book value per share under GAAP increased to $36.49 from $35.32 in the previous quarter[44]. - Tangible common equity per share increased to $29.50 from $28.30 in the prior quarter[44]. Overall Growth - Total assets grew to $9.536 billion in 2025, compared to $8.863 billion in 2024, reflecting a year-over-year increase of approximately 7.6%[34]. - Total assets increased to $9,536,124 million as of December 31, 2025, up from $9,307,376 million at the end of Q3 2025[39]. - Total assets rose to $9,536,124,000, compared to $9,307,376,000 in the prior quarter[43]. - Total stockholders' equity rose to $1.075 billion in 2025 from $940.476 million in 2024, representing a year-over-year increase of approximately 14.3%[34]. - Total stockholders' equity improved to $1,075,697 million in Q4 2025 from $1,041,144 million in Q3 2025[39].

Financial Performance - Net income for Q4 2025 was $12.46 million, a decrease of $575 thousand, or 4.41%, compared to Q4 2024[5] - Annual net income for 2025 was $48.79 million, down $2.81 million, or 5.45%, from 2024[5] - Net income for Q4 2025 reached $12,465,000, compared to $12,266,000 in Q3 2025, reflecting a growth of 1.6%[13] - Adjusted net income for diluted earnings per share for Q4 2025 was $12,465,000, compared to $12,266,000 in Q3 2025, reflecting an increase of 1.6%[16] - Adjusted diluted earnings per share for the year ended December 31, 2025, was $2.78, down from $2.84 in 2024, indicating a decrease of 2.1%[16] Dividends - The company declared a quarterly cash dividend of $0.31 per share, marking the 40th consecutive year of regular dividends[2] - The company declared a regular cash dividend of $0.31 per share for Q4 2025, maintaining the same level as previous quarters[13] Assets and Liabilities - Total consolidated assets were $3.26 billion as of December 31, 2025[11] - The total assets as of December 31, 2025, were $3,229,049,000, with stockholders' equity of $513,581,000[18] - Total assets increased to $3,259,643 thousand as of December 31, 2025, up from $3,189,613 thousand on September 30, 2025, representing a growth of 2.19%[24] - Total deposits rose to $2,685,329 thousand, an increase of 2.08% from $2,630,593 thousand in the previous quarter[24] Loan Performance - Non-performing loans to total loans decreased to 0.61%, a reduction of 0.22% compared to Q4 2024[11] - Nonperforming loans to total loans ratio improved to 0.61% from 0.71%, indicating better asset quality[26] - Loans held for investment, net, decreased slightly to $2,283,994 thousand from $2,299,708 thousand, a decline of 0.67%[24] - Net charge-offs for the quarter were $836 thousand, compared to $1,423 thousand in the previous quarter, showing a significant improvement[26] Income and Expenses - Noninterest income increased by approximately $1.09 million, or 10.57%, compared to Q4 2024[5] - Noninterest income increased to $11,429,000 in Q4 2025, up from $10,889,000 in Q3 2025, marking an increase of 5.0%[14] - Total noninterest expense for Q4 2025 was $27,624,000, an increase from $26,279,000 in Q3 2025, representing a rise of 5.1%[15] - The provision for credit losses was $36,000 in Q4 2025, a significant improvement compared to a provision of $(285,000) in Q3 2025[13] Interest Metrics - Net interest margin for Q4 2025 was 4.53%, an increase of 17 basis points from Q4 2024[5] - Total interest income for Q4 2025 was $36,279,000, a slight increase from $35,699,000 in Q3 2025[13] - The total interest expense decreased to $3,918,000 in Q4 2025 from $4,402,000 in Q3 2025, indicating a reduction of 11.0%[13] - Total interest-bearing deposits for Q4 2025 were $1,774,136,000, with a net interest rate spread of 0.88%[18] Equity and Book Value - Book value per share decreased to $27.30, down $1.43 from year-end 2024, primarily due to special dividends declared in 2025[11] - The book value per common share was $27.30, down from $27.89 in the previous quarter[24] - The tangible book value per common share decreased to $18.84 from $19.40, reflecting a decline of 2.88%[24] Merger and Acquisitions - The acquisition of Hometown Bancshares, Inc. was completed on January 23, 2026, with Hometown having total assets of approximately $415 million[4] - The company incurred merger expenses of $2,125,000 in Q4 2025, contributing to total adjustments of $2,125,000 for the quarter[16] Ratios and Returns - Return on average assets for Q4 2025 was 1.53%, unchanged from Q3 2025[13] - Return on average common equity for Q4 2025 was 9.63%, slightly up from 9.58% in Q3 2025[13] - Adjusted return on average assets for Q4 2025 was 1.74%, an increase from 1.60% in Q3 2025[16] - The adjusted return on average common equity for Q4 2025 was 10.94%, up from 10.08% in Q3 2025[16] - The company reported a total allowance for credit losses to nonperforming loans ratio of 217.35%, indicating strong coverage for potential losses[26]

Exhibit 99 News PPG Media Contact: Greta Edgar Borza Corporate Communications +1-724-316-7552 edgar@ppg.com PPG Investor Contact: Alex Lopez Investor Relations +1-412-434-3466 alejandrolopez@ppg.com investor.ppg.com PPG reports fourth quarter and full-year 2025 financial results Fourth quarter highlights: Full-year 2025 highlights: Results for our Global Architectural Coatings segment improved sequentially each quarter of 2025, with organic sales growth of 2% in the fourth quarter as project-related sales i ...

Financial Performance - Trustmark Corporation reported net income of $57.9 million for Q4 2025, with diluted earnings per share of $0.97, and total net income for the year at $224.1 million, or $3.70 per share [2]. - Total revenue reached a record $799.8 million in 2025, an increase of $238.8 million, or 42.6%, compared to the previous year [16]. - Net income for Q4 2025 was $57,874,000, reflecting a 1.9% increase from Q3 2025 and a 2.8% increase year-over-year [36]. - Income from continuing operations before income taxes was $70,734,000, a 1.4% increase from Q3 2025 and a 9.0% increase year-over-year [36]. - Net income from continuing operations for the quarter ended December 31, 2025, was $57,874 thousand, an increase from $56,312 thousand in Q4 2024, reflecting a growth of 2.8% [71]. Revenue and Income Sources - Wealth management revenue reached $40.1 million in 2025, up 7.7% from the previous year, while mortgage banking revenue totaled $33.1 million, an increase of 24.2% [8]. - Total noninterest income rose to $41,235,000, up 3.3% from Q3 2025 and 0.7% year-over-year [36]. - Total noninterest income for the year ended December 31, 2025, was $163,640, a significant recovery from a loss of $23,419 in the previous year [44]. Assets and Liabilities - Total assets increased to $18,925,211 thousand, a 0.7% increase from the previous quarter and a 4.3% increase year-over-year [34]. - Total liabilities increased to $16,803,534 thousand, a 0.7% increase from the previous quarter and a 3.8% increase year-over-year [34]. - Total deposits reached $15,499,780,000, a slight decrease from $15,630,970,000 in the prior quarter, indicating a reduction of approximately 0.84% [42]. Loans and Credit Quality - Loans held for investment (HFI) totaled $13.7 billion at year-end 2025, reflecting a year-over-year increase of $584.3 million, or 4.5% [7]. - Nonaccrual loans totaled $84.4 million at December 31, 2025, representing 0.65% of loans HFI [13]. - The allowance for credit losses (ACL) on loans held for investment improved by 4.9% quarter-over-quarter to $(157,071) thousand [34]. - The company reported net charge-offs of $7,621,000, a significant increase of 73.8% from the previous quarter [38]. Shareholder Equity and Capital Ratios - The capital position remained strong with a CET1 ratio of 11.72% and a total risk-based capital ratio of 14.41% at year-end 2025 [9]. - Shareholders' equity reached $2,121,677 thousand, a 0.4% increase from the previous quarter and an 8.1% increase year-over-year [34]. - Tangible common equity as of December 31, 2025, was $1,787,072 thousand, compared to $1,627,596 thousand at the end of 2024, indicating a growth of 9.8% [71]. Stock and Dividends - Trustmark repurchased approximately 2.2 million shares of common stock, or 3.5% of shares outstanding, during the year [9]. - Dividends per share remained stable at $0.24, with a 0.0% change from Q3 2025 and a 4.3% increase year-over-year [36]. Efficiency and Ratios - Trustmark's efficiency ratio improved to 62.69% in Q4 2025, compared to 63.26% in Q4 2024 [49]. - The return on average equity from continuing operations for the quarter ended December 31, 2025, was 10.80%, slightly up from 10.86% in 2024 [75]. - The efficiency ratio (Non-GAAP) for the quarter ended December 31, 2025, was 62.69%, compared to 63.26% for the year ended December 31, 2024 [76]. Investment Strategy - Trustmark's investment strategy focuses on asset quality, with 100% of the securities portfolio invested in U.S. Treasury securities and government agency obligations, ensuring no exposure to sub-prime collateral [58]. - The total securities held to maturity decreased to $1,207,454,000 as of December 31, 2025, down from $1,268,459,000 at the end of September 2025, representing a decline of 4.8% [57].

Financial Performance - Net income for Q4 2025 was $78.9 million, an increase from $44.7 million in Q4 2024, with diluted EPS at $0.83 compared to $0.70 in the previous year[3] - Net income for the three months ended December 31, 2025, was $78,948,000, compared to $59,788,000 for the previous quarter, representing a 32.5% increase[31] - Adjusted net income for the twelve months ending December 31, 2025, was $267,816,000, compared to $165,066,000 for the previous year, showing a 62.2% year-over-year growth[31] - The company recorded adjusted diluted EPS (non-GAAP) of $0.91 for Q4 2025, compared to $0.73 in Q4 2024[4] - Return on average assets increased to 1.17% for the three months ended December 31, 2025, compared to 0.90% in the previous quarter[10] - Adjusted return on average assets (non-GAAP) improved to 1.29 from 1.09, indicating a growth of 18.4%[32] Income and Revenue - Net interest income for Q4 2025 was $232.4 million, up $4.2 million from the previous quarter, with a net interest margin of 3.89%, an increase of 4 basis points[8] - Noninterest income for the three months ended December 31, 2025, was $51.125 million, up from $46.026 million in the previous quarter, representing an increase of 2.4%[12] - Total adjusted noninterest income (non-GAAP) rose to $51,125 million compared to $46,867 million, marking an increase of 9.1% year-over-year[33] - Net interest income for the twelve months ending December 31, 2025, was $820.64 million, with a net interest margin of 3.79%, compared to $522.53 million and 3.34% in the previous year[16] Loans and Assets - Loans increased by $21.5 million linked quarter, representing 0.4% annualized net loan growth, while the company sold approximately $117.3 million of non-core loans acquired from the merger[8] - Total loans reached $19.05 billion as of December 31, 2025, an increase from $12.89 billion a year prior, reflecting a growth of 47.5%[17] - Loans held for investment increased to $19,047,039 as of December 31, 2025, compared to $12,885,020 a year earlier, reflecting a growth of approximately 47%[14] - Total assets as of December 31, 2025, reached $26,751,426, an increase from $18,034,868 in December 2024[14] Expenses and Efficiency - Total noninterest expense for the twelve months ending December 31, 2025, was $651.660 million, significantly higher than $461.618 million for the previous year, reflecting a year-over-year increase of 41.2%[12] - The efficiency ratio improved to 60.23% for the three months ended December 31, 2025, down from 67.05% in the previous quarter[10] - Noninterest expense (GAAP) decreased to $170,750 million from $183,830 million, a reduction of 7.3% year-over-year[33] Capital and Equity - Shareholders' equity increased to $3,884,905 as of December 31, 2025, compared to $2,678,318 a year earlier, representing a growth of approximately 45%[14] - The tangible common equity ratio was not specified but is a critical measure for assessing capital adequacy[29] - Shareholders' equity (GAAP) increased to $3,884,905 from $3,825,778, reflecting a growth of 1.9% year-over-year[32] - The total risk-based capital ratio was 14.78% as of December 31, 2025, down from 14.88% in the previous quarter[11] Credit Quality - The provision for credit losses on loans was $5.5 million for Q4 2025, with net loan charge-offs of $9.1 million[8] - Nonperforming loans as a percentage of total loans stood at 0.92% as of December 31, 2025, compared to 0.88% a year earlier[18] - The allowance for credit losses on loans was $293.96 million, representing 1.54% of total loans as of December 31, 2025[18] Strategic Initiatives - The company plans to expand its operations and integrate acquisitions, including its merger with The First, to enhance earnings and achieve cost savings[24] - Renasant Corporation operates 283 banking and financial service offices across the Southeast, with a focus on growth in new markets[22]

Financial Performance - Net sales for the three months ended December 31, 2025, reached $1,163,023, an increase from $1,073,001 in the same period of 2024, representing an 8.4% growth[11] - Gross profit for the six months ended December 31, 2025, was $714,763, compared to $653,132 for the same period in 2024, reflecting a 9.4% increase[11] - Net income for the three months ended December 31, 2025, was $95,349, up from $93,290 in 2024, indicating a 2.2% increase[11] - The company reported a diluted net income per share of $2.51 for the three months ended December 31, 2025, compared to $2.39 in 2024, marking a 5.0% increase[11] - For the six months ended December 31, 2025, total net sales were $2,362,546, an increase from $2,171,945 in 2024, representing a growth of 8.8%[39] - Net income for the six months ended December 31, 2025, was $196,156, compared to $185,353 for the same period in 2024, representing a growth of 5.0%[11] Assets and Liabilities - Total assets as of December 31, 2025, were $3,159,322, a slight decrease from $3,175,544 as of June 30, 2025[16] - The total current liabilities decreased to $475,482 as of December 31, 2025, from $526,151 as of June 30, 2025, indicating a reduction of 9.6%[16] - The company has a total debt of $572,300 as of December 31, 2025, which includes a revolving credit facility of $384,000 and a trade receivable securitization facility of $188,300[62] - Total shareholders' equity increased to $1,874,408,000 as of December 31, 2025, up from $1,883,755,000 at the end of the previous quarter[22] Cash Flow and Dividends - Cash and cash equivalents increased to $405,986 as of December 31, 2025, from $388,417 at the end of June 2025, showing a growth of 4.1%[16] - The company paid dividends totaling $34,723 during the six months ended December 31, 2025, compared to $28,469 in the same period of 2024, representing a 22.0% increase[19] - Net cash provided by operating activities for the six months ended December 31, 2025, was $218,976, slightly down from $222,884 in 2024[19] Segment Performance - The Service Center segment focuses on maintenance and repair products, while the Engineered Solutions segment specializes in hydraulic and pneumatic technologies[31] - The Service Center segment generated net sales of $1,529.8 million for the six months ended December 31, 2025, compared to $1,473.6 million in the prior year, an increase of 3.8%[85] - The Engineered Solutions segment reported net sales of $832.7 million for the six months ended December 31, 2025, up from $698.4 million in the prior year, representing a 19.2% increase[85] Acquisitions - The company acquired Thompson Industrial Supply for $9.0 million on January 17, 2026, enhancing its Service Center segment[45] - Hydradyne, acquired on December 31, 2024, for $282,136, is now part of the Engineered Solutions segment, expanding the company's fluid power offerings[46] - The acquisition of Hydradyne on December 31, 2024, resulted in net sales of $63,128 thousand and net income of $3,581 thousand for the three months ended December 31, 2025[49] Accounting and Compliance - The company is currently evaluating the impact of new accounting standards issued by the FASB on its financial statements[32][34] - The company performed an annual goodwill impairment assessment on January 1, 2025, concluding that the fair value of all reporting units exceeded their carrying amounts, indicating no impairment[57] Operational Metrics - The number of employees was 6,794 at December 31, 2025, down from 6,916 at December 31, 2024[94] - The Manufacturing Capacity Utilization (MCU) index was 75.6 in December 2025, slightly down from 75.9 in September 2025, indicating a slight decline in industrial activity[94] Market and Revenue Insights - The United States contributed $1,024,050 to total net sales for the three months ended December 31, 2025, up from $929,549 in 2024, reflecting a growth of 10.2%[39] - Revenue from the United States for the six months ended December 31, 2025, was $2,080.5 million, up from $1,886.8 million in 2024, representing a growth of 10.3%[39] Financial Ratios and Expenses - Gross profit margin was 30.4% for the quarter, slightly down from 30.6% in the prior year, impacted by a $6.3 million increase in LIFO expense[103] - Selling, distribution, and administrative (SD&A) expenses rose by $22.9 million or 11.1%, accounting for 19.8% of sales compared to 19.3% in the prior year[104] - The effective income tax rate decreased to 22.3% from 23.9% due to the reversal of a tax valuation allowance related to Mexico[109]

Exhibit 99.1 Media Contact: Emily Karpenske | Senior Communication Specialist Emily.Karpenske@bwbmn.com | 952.653.0624 Investor Contact: Justin Horstman | VP Investor Relations Justin.Horstman@bwbmn.com | 952.542.5169 January 27, 2026 Bridgewater Bancshares, Inc. Announces Fourth Quarter 2025 Financial Results Fourth Quarter 2025 Highlights Full Year 2025 Highlights (1) Represents a non-GAAP financial measure. See "Non-GAAP Financial Measures" for further details. (2) Core deposits are defined as total depo ...

Exhibit 99.1 Media Contact: Emily Karpenske | Senior Communication Specialist Emily.Karpenske@bwbmn.com | 952.653.0624 Investor Contact: Justin Horstman | VP Investor Relations Justin.Horstman@bwbmn.com | 952.542.5169 January 27, 2026 Bridgewater Bancshares, Inc. Announces Fourth Quarter 2025 Financial Results Fourth Quarter 2025 Highlights Full Year 2025 Highlights (1) Represents a non-GAAP financial measure. See "Non-GAAP Financial Measures" for further details. (2) Core deposits are defined as total depo ...

Financial Performance - For the three months ended December 31, 2025, the Company reported net income of $5.2 million, or $0.26 per diluted share, a 58.5% increase from $3.3 million, or $0.16 per diluted share, for the same period in 2024[1] - Net income for the three months ended December 31, 2025, increased by $1.9 million, or 58.4%, to $5.2 million, or $0.26 per diluted share, compared to $3.3 million, or $0.16 per diluted share, for the same period in 2024[22] - For the twelve months ended December 31, 2025, net income was $15.3 million, or $0.75 per diluted share, compared to $11.7 million, or $0.56 per diluted share, for the same period in 2024[34] - Net income for the quarter was $5,209 thousand, a significant increase from $3,167 thousand in the previous quarter, representing a 64.4% growth[75] Loan and Deposit Growth - Total loans increased by $113.2 million, or 5.5%, to $2.2 billion, while core deposits rose by $111.9 million, or 7.2%, to $1.7 billion[4] - Total loans increased by $113.2 million, or 5.5%, to $2.2 billion, with residential real estate loans increasing by $81.2 million, or 10.5%[51] - Total deposits increased by $98.3 million, or 4.3%, to $2.4 billion from December 31, 2024[5] - Average demand deposits increased by $20.9 million, or 3.7%, to $582.2 million for the twelve months ended December 31, 2025, compared to $561.3 million for the same period in 2024[39] Interest Income and Margin - The net interest margin expanded to 2.91% for the three months ended December 31, 2025, marking the sixth consecutive quarter of growth in both net interest income and net interest margin[3] - Net interest income rose by $3.6 million, or 23.3%, to $18.8 million for the three months ended December 31, 2025, driven by a $2.0 million increase in interest and dividend income and a $1.6 million decrease in interest expense[23] - The net interest margin increased by 48 basis points from 2.41% for the three months ended December 31, 2024, to 2.89% for the three months ended December 31, 2025[24] - Total interest and dividend income for the three months ended December 31, 2025, was $30,537 million, an increase from $28,586 million in the same period last year, representing a growth of 6.8%[70] Expenses and Efficiency - Non-interest expense increased by $92,000, or 0.6%, to $15.9 million for the three months ended December 31, 2025[19] - Non-interest expense increased by $944,000, or 6.3%, to $15.9 million for the three months ended December 31, 2025, primarily due to a $920,000 increase in salaries and employee benefits[30] - The efficiency ratio improved to 72.1% for the three months ended December 31, 2025, compared to 80.6% for the same period in 2024, reflecting increased net interest income[31] - The efficiency ratio improved to 75.6% for the twelve months ended December 31, 2025, down from 80.4% in 2024, driven by higher net interest income[44] Credit Quality - The allowance for credit losses was $20.3 million, or 0.93% of total loans, with a coverage ratio of 393.2% for nonaccrual loans[6] - The Company recorded a reversal of credit losses of $485,000 during the three months ended December 31, 2025, compared to a provision for credit losses of $1.3 million in the previous quarter[16] - Total delinquency decreased to $3.1 million, or 0.14% of total loans, at December 31, 2025, down from $5.0 million, or 0.24% in 2024[54] - Allowance for credit losses as a percentage of total loans was 0.93%, slightly down from 0.96% in the previous quarter[75] Shareholder Returns and Equity - The Company repurchased 599,853 shares of common stock at an average price of $9.73 during the twelve months ended December 31, 2025[3] - As of December 31, 2025, shareholders' equity was $247.6 million, representing 9.1% of total assets, an increase from $235.9 million or 8.9% at December 31, 2024[62] - The company paid cash dividends of $5.7 million and repurchased shares at a cost of $6.2 million during the reporting period[62] - Total shares outstanding as of December 31, 2025, were 20,372,786, reflecting the company's equity structure[62] Regulatory and Market Presence - The company operates 25 banking offices throughout western Massachusetts and northern Connecticut, indicating a stable market presence[65] - The company maintains strong regulatory capital ratios, exceeding minimum requirements to be considered well-capitalized[62] - The total capital ratio to risk-weighted assets was 14.19% as of December 31, 2025, slightly down from 14.38% in 2024[63] - Tier 1 capital ratio to risk-weighted assets was 12.21% for both 2025 and 2024, indicating stability in capital strength[63] Forward-Looking Statements - Forward-looking statements highlight potential risks including economic conditions, regulatory changes, and competitive pressures that could impact future performance[66] - The company intends to continue paying quarterly dividends, although future payments depend on various regulatory factors[64]