The Bancorp(US:TBBK) Prnewswire·2026-01-29 14:25Core Insights - CW Bancorp reported a consolidated net income of $3,450,000 for Q4 2025, a decrease of 12% compared to $3,940,000 in Q4 2024, resulting in an EPS of $1.17, down from $1.30 [1][19] - For the full year 2025, consolidated net income was $12,246,000, a decrease of 7% from $13,148,000 in 2024, with an EPS of $4.09 compared to $4.30 [1][19] Financial Performance - Q4 2025 interest income was $13,879,000, down 6% from $14,750,000 in Q4 2024, while interest expense decreased by 17% to $3,080,000 [6][19] - For the full year 2025, interest income increased by 2% to $55,274,000, while interest expense decreased by 5% to $13,512,000 [7][19] - Net interest income for Q4 2025 was $10,799,000, a decrease of 2% from $11,036,000 in Q4 2024, with a net interest margin of 3.85%, slightly down from 3.86% [8][19] Asset and Liability Management - Total assets decreased by 1% to $1,481,434,000 as of December 31, 2025, with total loans increasing by less than 1% to $795,550,000 [4][18] - Total deposits decreased by 1% to $1,324,020,000, with non-interest-bearing deposits down 3% and interest-bearing deposits up slightly [5][18] - The allowance for credit losses (ACL) to total loans ratio was 1.32%, down from 1.45% the previous year [18] Capital and Efficiency Ratios - The company maintained strong capital ratios, with a tier 1 leverage ratio of 12.50% and a total risk-based capital ratio of 18.86% as of December 31, 2025 [14][18] - The efficiency ratio for Q4 2025 was 59.27%, an increase from 58.12% in Q4 2024, indicating higher costs relative to income [13][19] Non-Interest Income and Expenses - Non-interest income for Q4 2025 was $1,198,000, a significant decrease of 40% from $2,011,000 in Q4 2024 [11][19] - Non-interest expense for Q4 2025 was $7,145,000, down 6% from $7,617,000 in Q4 2024, while total non-interest expense for the year increased by 6% to $29,441,000 [12][19]