Core Insights - InsCorp, Inc. reported a third-quarter 2025 EPS of $0.79, up from $0.73 in the previous quarter and $0.64 in the same quarter last year, indicating strong financial performance and growth momentum [1][14]. Financial Performance - Revenue increased by 18% year-over-year to $7.9 million in 3Q25, while noninterest expenses rose by 24% year-over-year to $5.1 million, primarily due to hiring activities [3]. - Net interest income grew by 25% year-over-year to $7.4 million, reflecting a net interest margin of 3.20% and average earning asset growth of 15% year-over-year to $926 million [4]. - Loan growth was 15% year-over-year, with notable increases in various categories such as residential loans (41% year-over-year) and home equity lines of credit (55% year-over-year) [5]. - Deposit growth was 16% year-over-year, driven by a 31% increase in interest-bearing transaction balances [6]. Market Expansion - INSBANK entered the Murfreesboro market with a team of four veteran bankers, resulting in approximately $14.5 million in deposits and $11.7 million in loans within 45 days of onboarding [2]. - The Murfreesboro market is experiencing significant growth, with a population increase of 13.4% over the past five years and a projected growth of 7.6% from 2026 to 2031 [2]. Asset Quality and Capital - Asset quality remains strong, with net charge-offs at 0.00% of average loans and nonperforming loans at 0.75% of total loans [7]. - INSBANK maintains a solid capital position, with a tier-1 leverage ratio of 11.08% and a common equity tier-1 capital ratio of 12.05% [8]. Dividends and Share Repurchase - The Board of Directors approved a quarterly dividend of $0.11 per common share, representing a 10% increase from the previous year [9].

Core Insights - InsCorp, Inc. reported a significant increase in earnings per share (EPS) to $0.73 in 2Q25, up from $0.57 in 1Q25 and $0.63 in 2Q24, indicating a positive trend in financial performance [1][15] - The company experienced a 24% year-over-year revenue growth in 2Q25, reaching $1,519,000, compared to 13% growth in 1Q25 [2] - The hiring of Billie Jo Parker as Chief Banking & Development Officer is expected to enhance business development and client services [9] Financial Performance - Net interest income rose by 27% year-over-year in 2Q25, with a net interest margin (NIM) improvement of 34 basis points to 3.21% [3][12] - The efficiency ratio improved to 60.9% in 2Q25 from 66.1% in 1Q25, reflecting better cost management [1][12] - Provision for credit losses increased to $380,000 in 2Q25, compared to $75,000 in 2Q24, which slightly restrained pretax income growth [2][15] Loan and Deposit Growth - Loan growth accelerated to 17% year-over-year in 2Q25, with notable increases in various categories such as residential loans (29% Y/Y) and HELOC (68% Y/Y) [4] - Total deposits grew by 18% year-over-year, driven by a 42% increase in interest-bearing transaction balances [5] - Medquity, INSBANK's healthcare division, reported an 18% year-over-year loan growth, contributing to the overall loan portfolio [4] Asset Quality and Capital Ratios - Asset quality remains strong, with nonperforming loans (NPLs) improving to 0.65% of total loans, down from 1.08% a year ago [6] - The bank's capital ratios indicate a well-capitalized status, with a tier-1 leverage ratio of 11.28% and a common equity tier-1 capital ratio of 12.01% [7][12] - Tangible book value per share increased by 6.4% year-over-year to $26.48 as of June 30, 2025 [8][12] Shareholder Returns - The Board of Directors approved a quarterly dividend of $0.11 per share, representing a 10% increase from the previous year [10] - The company repurchased 33,000 shares in 2Q25, amounting to 1.1% of the outstanding shares, as part of its ongoing share repurchase program [10]