Financial Institutions(US:FISI)2025-07-25 12:30Financial Performance & Guidance - The company reported net income available to common shareholders of $17.2 million for the second quarter of 2025[13] - Diluted earnings per common share increased by 4.9% from $0.81 in 1Q25 to $0.85 in 2Q25[13] - The company affirms full year 2025 NIM guidance of 3.45% to 3.55% and expects noninterest income of $40 million to $42 million[9] - Full year 2025 noninterest expense is projected to be approximately $140 million, with an efficiency ratio below 60%[9] Balance Sheet & Loan Portfolio - Total deposits were $5.16 billion, a decrease of $216.9 million, or 4.0%, from the previous quarter, but up $22.7 million, or 0.4%, year-over-year[13, 15] - Total loans amounted to $4.54 billion, showing a slight decrease from $4.55 billion in the first quarter of 2025[13] - Commercial loans totaled $2.94 billion with committed credit exposure of $3.90 billion at the end of the second quarter[28] - The consumer indirect auto loan portfolio was $833.5 million at the end of the second quarter[40] Asset Quality & Capital - Non-performing loans (NPLs) to total loans decreased to 0.72% at the end of the second quarter[13] - The allowance for credit losses on loans to total loans was 1.04% at the end of the second quarter[74] - The CET1 capital ratio was 10.84% at the end of the second quarter, up 81 bps from one year prior[79]