Core Insights - BankFirst Capital Corporation reported a significant increase in net income for the fourth quarter of 2025, reaching $10.17 million or $1.74 per common share, compared to $5.20 million or $0.83 per common share in the previous quarter and $7.67 million or $1.21 per common share in the same quarter of 2024 [1][4][6] Financial Performance - Net interest income for the fourth quarter of 2025 was $27.87 million, up from $22.23 million in the fourth quarter of 2024 [4][11] - Total assets increased by 17.7% to $3.30 billion as of December 31, 2025, compared to $2.80 billion a year earlier [4][7] - Total gross loans rose by 19% to $2.20 billion, up from $1.85 billion at the end of 2024 [4][7] - Total deposits increased by 19% to $2.80 billion, compared to $2.36 billion at the end of 2024 [4][8] Credit Quality - The ratio of non-performing assets to total assets improved to 0.45% as of December 31, 2025, down from 0.61% a year earlier [4][16] - The allowance for credit losses was $28.81 million, representing 1.31% of total loans, compared to 1.27% at the end of 2024 [17] Capital Management - The Company has a stock repurchase program authorized for up to $10 million, with 127,583 shares repurchased as of December 31, 2025 [4][6] - The Company issued $175 million of senior perpetual noncumulative preferred stock to the U.S. Department of the Treasury as part of the Emergency Capital Investment Program [4][6] Strategic Developments - The completion of the Magnolia Acquisition in July 2025 has been a key driver of growth, with the integration of Magnolia State Bank into the Company's operations [6][7] - The Company is focused on leveraging its increased scale to enhance value for customers and shareholders while maintaining strong credit quality [6]

Core Insights - BankFirst Capital Corporation reported a net income of $6.88 million, or $1.07 per common share, for Q2 2025, showing an increase from $6.43 million, or $0.98 per share, in Q1 2025, but a slight decrease from $6.52 million, or $1.09 per share, in Q2 2024 [1][5]. Financial Performance - Net interest income for Q2 2025 was $23.07 million, up from $20.77 million in Q2 2024 [5][10]. - Total assets increased by 3% to $2.85 billion as of June 30, 2025, compared to $2.76 billion a year earlier [5][6]. - Total deposits rose by 3% to $2.38 billion as of June 30, 2025, from $2.32 billion at the same time last year [5][7]. - The company's net interest margin improved to 3.71% in Q2 2025, up from 3.46% in Q2 2024 [10]. Acquisition and Growth - The company completed the acquisition of Magnolia State Corporation on July 1, 2025, which expanded its branch network and total assets to approximately $3.32 billion [4][26]. - Following the acquisition, the company now operates 52 locations in Mississippi and Alabama [5][26]. Credit Quality - The ratio of non-performing assets to total assets was 0.50% as of June 30, 2025, compared to 0.41% a year earlier [5][15]. - The allowance for credit losses was $24.05 million, representing 1.31% of total loans as of June 30, 2025 [16]. Capital and Liquidity - The company had available liquidity sources totaling approximately $977.96 million as of June 30, 2025 [5][18]. - The capital conservation buffer was maintained above the regulatory minimum, with a Community Bank Leverage Ratio (CBLR) of 9.89% as of June 30, 2025 [24]. Stock Performance - The closing price of the company's common stock was $40.50 per share on June 30, 2025, resulting in a market capitalization of approximately $219.89 million [13].