merce Bancshares(CBSH) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Earnings per share were $1.06, compared to $1.01 in the same quarter last year[18] - Net income was $142 million in Q3, an increase of $4 million over the same quarter last year[18] - Net interest income was $279 million, up 7% over the same quarter last year[18] - Return on average assets (ROAA) was 1.78% and return on average equity (ROAE) was 15.26%[18] Balance Sheet - Period-end loans increased 4.1% over the same quarter last year[18] - Quarterly average deposit balances increased $427 million, or 2%, compared to the same quarter last year[18] - Non-interest bearing deposits were 30% of average deposits as of Q3[18] - Book value per share increased 4% compared to Q2 to $28.51[18,22] Asset Quality - Net loan charge-offs were 0.23% annualized; non-accrual loans were 0.09%[18] - Allowance for credit losses on loans was $175.7 million, representing 0.99% of outstanding loans[80] Acquisition - FineMark acquisition is expected to close on January 1, 2026, adding $3.1 billion in assets, $2.7 billion in loans, $3.9 billion in deposits and $8.3 billion in total trust assets under administration[20,21]