Core Insights - Chino Commercial Bancorp reported a net earnings increase of 21.57% for Q3 2025, totaling $1.54 million compared to the same period last year [2] - The company achieved record levels in total deposits, total loans, revenue, earnings, and earnings per share during the third quarter [3] - The bank opened its fifth location in Corona, generating $20 million in new deposits shortly after its launch [4] Financial Performance - Year-to-date net earnings increased by 18.45% to $4.43 million, with earnings per share rising to $1.38 from $1.17 in the previous year [2] - Net interest income for Q3 2025 was $4.0 million, up from $3.4 million in Q3 2024, with a net interest margin of 3.79% compared to 3.08% in the prior year [6] - Non-interest income rose by 12.44% to $891.7 thousand, driven by higher service charges and fees, as well as a significant increase in merchant services processing revenue [7] Asset and Deposit Growth - Total assets reached $488.9 million, an increase of 4.8% from $466.7 million at the end of 2024 [4] - Total deposits rose by 10.7% to $386.0 million, with core deposits making up 97.09% of total deposits as of September 30, 2025 [4][12] - Gross loans increased by 2.7% to $210.8 million, with no delinquent loans reported at quarter-end [5] Expense and Taxation - General and administrative expenses totaled $2.8 million, up from $2.5 million in the same quarter last year, primarily due to increased salary and benefits [8] - Income tax expense for the quarter was $614.1 thousand, reflecting a 22.9% increase compared to the previous year [9] Financial Ratios - The annualized return on average equity improved to 13.32% from 12.39% year-over-year [13] - The core efficiency ratio decreased to 55.95% from 58.44%, indicating improved operational efficiency [14] - Non-performing loans as a percentage of total loans decreased to 0.39% from 0.60%, reflecting strong loan quality [14]

Core Insights - Chino Commercial Bancorp reported strong financial performance for Q3 2025, with net earnings of $1.54 million, a 21.57% increase year-over-year [2][3] - The bank achieved record levels in total deposits, loans, revenue, earnings, and earnings per share, indicating robust growth and operational efficiency [3] - The bank opened a new branch in Corona, generating $20 million in new deposits, contributing to overall growth [4] Financial Performance - Net earnings for the year-to-date increased by 18.45% to $4.43 million compared to $3.74 million in the same period last year [2] - Basic and diluted earnings per share rose to $0.48 for Q3 2025, up from $0.39 in Q3 2024 [2] - Net interest income for Q3 2025 was $4.0 million, compared to $3.4 million in Q3 2024, reflecting a net interest margin of 3.79%, up from 3.08% the previous year [6][16] Asset and Deposit Growth - Total assets reached $488.9 million, an increase of 4.8% from $466.7 million at the end of 2024 [4][12] - Total deposits rose by 10.7% to $386.0 million, with core deposits making up 97.09% of total deposits [4][19] - Gross loans increased by 2.7% to $210.8 million, with no delinquent loans reported [5][12] Non-Interest Income and Expenses - Non-interest income for Q3 2025 totaled $891.7 thousand, a 12.44% increase from $793.1 thousand in Q3 2024, driven by higher service charges and fees [7][14] - General and administrative expenses increased to $2.8 million from $2.5 million in the prior year, with salaries and benefits being the largest component [8][15] Tax and Equity - Income tax expense for the quarter was $614.1 thousand, a 22.9% increase from $499.6 thousand in the same period last year [9] - Total shareholders' equity increased to $47.16 million from $42.71 million, reflecting strong retained earnings growth [13]