Core Insights - TowneBank reported a net income of $38.98 million, or $0.51 per diluted share, for Q3 2025, a decrease from $42.95 million, or $0.57 per diluted share, in Q3 2024. However, core earnings (non-GAAP) increased to $63.45 million, or $0.83 per diluted share, compared to $43.39 million, or $0.58 per diluted share, in the same quarter last year [1][6][24]. Financial Performance - Total revenue for Q3 2025 was $215.67 million, reflecting a year-over-year increase of 23.58% or $41.15 million [6][24]. - Net interest income rose to $146.95 million, up from $112.28 million in Q3 2024, driven by increased interest income and lower deposit costs [7][12]. - Noninterest income increased by $6.48 million, or 10.41%, totaling $68.71 million compared to $62.24 million in Q3 2024 [12][19]. Asset and Deposit Growth - Total deposits reached $16.53 billion, an increase of $2.17 billion, or 15.09%, compared to Q3 2024 [6][19]. - Loans held for investment increased to $13.38 billion, a rise of $1.97 billion, or 17.23%, year-over-year [19][30]. - Noninterest-bearing deposits grew by 20.43% to $5.14 billion, representing 31.09% of total deposits [19][30]. Acquisition Impact - The acquisition of Old Point Financial Corporation was completed in September 2025, adding $961.35 million in loans, $208.83 million in securities, and $1.21 billion in deposits [6][19]. - The integration of Village Bank and Trust Financial Corp. was largely completed, with ongoing efforts to finalize the Dogwood partnership and integrate Old Point systems expected in early 2026 [4][6]. Credit Quality and Provisions - The quarterly provision for credit losses was an expense of $15.28 million, compared to a benefit of $1.10 million in the prior year quarter [12][19]. - Nonperforming assets were $10.38 million, or 0.05% of total assets, an increase from $7.47 million, or 0.04%, at September 30, 2024 [19][30]. Capital Ratios - Common equity tier 1 capital ratio stood at 11.18%, while the total risk-based capital ratio was 13.99% [19][30]. - Book value per common share increased to $30.38 from $28.59 a year earlier [19][30].

Core Points - National Bank Holdings Corporation announced a quarterly cash dividend increase of 3.4% from $0.29 to $0.30 per share, payable on June 13, 2025 [1] - Over the past five years, the quarterly dividend per common share has increased by 50%, reflecting the company's strong balance sheet and commitment to shareholder returns [2] Company Overview - National Bank Holdings Corporation is a bank holding company focused on building a community bank franchise with high-quality client service and stakeholder results [3] - The company operates over 85 banking centers across Colorado, Kansas City, Utah, Wyoming, Texas, New Mexico, and Idaho, serving various customer segments including individuals, businesses, and government entities [3] - Its banking operations include multiple brand names under NBH Bank, such as Community Banks of Colorado, Bank Midwest, and Hillcrest Bank, among others [3]

Group 1 - National Bank Holdings Corporation (NBHC) will report its first quarter financial results on April 22, 2025, after market close [1] - A conference call to discuss the results is scheduled for April 23, 2025, at 11:00 a.m. Eastern Time [1] - Interested parties can access the call by dialing (877) 400-0505 with the participant passcode 7036929 [1] Group 2 - National Bank Holdings Corporation is a bank holding company focused on building a community bank franchise with high-quality client service [2] - The company operates over 90 banking centers across states including Colorado, Kansas, Utah, Wyoming, Texas, New Mexico, and Idaho [2] - Its banking subsidiaries include NBH Bank and Bank of Jackson Hole Trust, serving a diverse clientele including individuals, businesses, and government entities [2]