Core Insights - Blue Foundry Bancorp reported a net loss of $1.9 million, or $0.10 per diluted common share, for Q3 2025, an improvement from a net loss of $2.0 million in Q2 2025 and a net loss of $4.0 million in Q3 2024 [1][6][39]. Financial Performance - The net interest margin increased by six basis points to 2.34% compared to the previous quarter, driven by improvements in yield on assets and cost of funds [2][12]. - Interest income for Q3 2025 was $24.1 million, a 3.0% increase from the previous quarter, while interest expense rose to $11.9 million [6][39]. - The provision for credit losses was $589 thousand for Q3 2025, reflecting an increase in the provision for loans [6][39]. Loan Portfolio - Total loans increased by $131.4 million to $1.71 billion during the first nine months of 2025, with significant growth in consumer loans and commercial real estate [4][27]. - The consumer loan portfolio rose by $114.5 million, while the commercial real estate portfolio increased by $57.4 million [4][27]. - Construction and multifamily portfolios saw declines of $25.0 million and $23.8 million, respectively [4][27]. Deposit Growth - Total deposits reached $1.49 billion, an increase of $150.1 million from December 31, 2024, driven by increases in NOW and demand accounts and time deposits [7][27]. - Core deposits increased by $68.2 million, representing 57.8% of total deposits, up from 53.5% at the end of 2024 [7][27]. - Brokered deposits rose to $275.0 million, up from $155.0 million at the end of 2024 [7][27]. Shareholder Value - Tangible book value per share exceeded $15, reaching $15.14, reflecting the company's commitment to enhancing shareholder value [2][6]. - The company repurchased 837,388 shares at a weighted average price of $9.09 per share during the quarter [6][39]. Asset Quality - Non-performing loans totaled $11.4 million, or 0.66% of total loans, an increase from 0.33% at the end of 2024 [33][41]. - The allowance for credit losses as a percentage of gross loans was 0.81% as of September 30, 2025 [27][41].

Core Viewpoint Eagle Bancorp, Inc. reported a net loss of $67.5 million for the third quarter of 2025, showing a slight improvement from the previous quarter's loss. The company continues to address asset quality challenges while maintaining a strong capital and liquidity position. Financial Performance - The net loss for Q3 2025 was $67.5 million, or $2.22 per share, compared to a net loss of $69.8 million, or $2.30 per share, in Q2 2025, reflecting a $2.3 million improvement [2] - Net interest income increased by $383 thousand to $68.2 million, while noninterest income decreased by $3.9 million to $2.5 million [2][8] - Noninterest expenses decreased by $1.6 million to $41.9 million, primarily due to lower FDIC assessments [2][8] Asset Quality - Total loans decreased by 4% to $7.4 billion, driven by declines in income-producing real estate loans [7] - Nonperforming assets decreased by $95.5 million to $133.3 million, representing 1.23% of total assets [8][14] - Annualized net charge-offs increased to 7.36% from 4.22% in the previous quarter [8] Capital and Liquidity - The common equity ratio was 10.39%, and the common equity tier 1 capital ratio was 13.58% [8] - Total estimated insured deposits increased to $7.2 billion, representing 75.6% of total deposits [8] - Total on-balance sheet liquidity and available capacity was $5.3 billion, resulting in a coverage ratio of over 230% [8] Dividend Declaration - The company declared a cash dividend of $0.01 per share, payable on November 14, 2025 [4]

Core Viewpoint - Meridian Corporation reported strong financial performance for the second quarter of 2025, with significant increases in net income and pre-provision net revenue, driven by improved margins and strong loan sales [2][5][7]. Financial Performance - Net income for Q2 2025 was $5.6 million, or $0.49 per diluted share, representing a 133% increase from the previous quarter [5][30]. - Pre-provision net revenue (PPNR) rose to $11.1 million, up 57% from Q2 2024 [5][30]. - The net interest margin improved to 3.54%, with loan yield increasing to 7.24% [5][30]. Loan and Deposit Growth - Loan growth for the quarter was 2.5%, with management forecasting an annual growth rate of 8-10% [2][5]. - Total assets remained stable at $2.5 billion, with portfolio loans growing by $36.2 million, or 1.7% quarter-over-quarter [19][20]. - Total deposits decreased by $18.4 million, or 0.9%, primarily due to a decline in non-interest bearing deposits [22][23]. Non-Interest Income - Total non-interest income increased by $4.0 million, or 54.1%, driven by a significant rise in mortgage banking income and SBA loan income [15][16]. - Mortgage banking income reached $5.8 million, a 69.8% increase from the previous quarter [15][16]. Non-Interest Expense - Total non-interest expense rose by $2.6 million, or 13.9%, with notable increases in salaries and employee benefits [18][30]. - Salaries and employee benefits increased by $1.8 million, reflecting the hiring of additional staff [18]. Asset Quality - Non-performing loans decreased by $1.7 million to $50.5 million, improving the ratio of non-performing loans to total loans to 2.35% [24][26]. - Net charge-offs increased to $3.6 million, or 0.17% of total average loans, compared to 0.14% in the previous quarter [25][30]. Capital and Equity - Total stockholders' equity increased by $4.5 million to $178.0 million, supported by net income and dividends paid [23][30]. - The Community Bank Leverage Ratio was reported at 9.32% as of June 30, 2025 [23][30].