Reported results
- Net income of $12.6 million, or $0.74 diluted EPS (GAAP), compared to $10.1 million, or $0.59 diluted EPS for Q2 2026
- Return on average assets of 1.17% (GAAP) for Q3 2026, compared to 0.97% for Q2 2026
- Net interest margin of 3.16% for Q3 2026, up from 3.06% for Q2 2026
- Nonperforming assets of $38.7 million at September 30, 2026, a decrease of $4.9 million or 11.3% compared to June 30, 2026
- Tangible book value per share (non-GAAP) increased to $27.44 at September 30, 2026, up from $27.23 at June 30, 2026
- Partial redemption of subordinated notes of $40 million completed on July 1, 2026
Guidance
- Effective tax rate for 2026 estimated at 26.9%, compared to 24.2% for 2025
Notes
Book value per share and tangible book value per share are non-GAAP measures. The company declared a quarterly cash dividend of $0.16 per common share.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-19 (8-K, Item 2.02). Read the original filing on sec.gov.
