Financial Institutions(US:FISI)2025-10-24 12:30Financial Performance & Guidance - The company reported strong Q3 2025 financial results, with a net income available to common shareholders of $20.1 million[13] - Diluted earnings per common share increased by 16.5% from $0.85 in 2Q25 to $0.99 in 3Q25[14] - The company's full-year NIM is expected to be between 3.50% and 3.55%, and noninterest income is expected to exceed $42 million in 2025[9] - The efficiency ratio is expected to be below 59% for the year, and the effective tax rate is projected to be between 18% and 19%[9] - The company anticipates approximately 3% annual loan growth, driven by commercial loans[9] Balance Sheet & Portfolio - Total deposits were $5.36 billion, up 3.9% from the linked quarter and 1.0% from the previous year[14, 16] - Total loans reached $4.59 billion, a 1.2% increase during the quarter[14] - The securities portfolio stood at $1.01 billion as of 9/30/25[43] - Commercial loans totaled $2.99 billion with committed credit exposure of $3.97 billion at 9/30/25[23] Asset Quality - NCOs to average loans decreased to 18 bps, down from 36 bps in the linked quarter[14] - Allowance for credit losses to total loans was 1.03% at 9/30/25[74]