- Core pretax pre-provision income increased from $28 million in Q2 2024 to $49 million in Q2 2025, a substantial year-over-year growth.
- Core deposits grew by $1.2 billion year-over-year, with deposit teams expanding their portfolios to approximately $2.2 billion, enabling the bank to reduce broker deposits and strengthen liquidity.
- Management emphasized the differentiation of their franchise through growth trajectory and talent attraction, highlighting a strategic focus on organic growth and deposit stability.
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- Book value per share grew 2%, tangible book value per share improved 4%.
- Diluted earnings per share of $0.83 for Q3 2025, improved compared to the linked quarter.
- Excluding accretion income, net interest margin expanded 5 basis points, marking the fifth straight quarter of core margin expansion.
- Net interest income increased nearly $4 million with net interest margin expanding by 1 basis point.
- Noninterest expenses declined 1%, improving efficiency ratio to 57.1% from 59.3%.
- Provision for credit losses declined over 50%, driven by net charge-offs, loan growth, and economic forecast adjustments.
- Quarterly net charge-off rate decreased by 2 basis points to 41 basis points annualized.
- Tangible equity to tangible assets ratio improved 27 basis points to 8.5%.
- Capital levels remained strong and stable, with 41% of assets in cash or government-guaranteed investments and a healthy Mahan Ratio of 16.5%.
- Credit metrics improved with past dues low at $13 million (11 basis points), new defaults down to 40, and nonaccrual loans trending down to $69 million (63 basis points).
- Customer deposits grew 6% linked quarter and are approximately 20% higher than June 30, 2024, with noninterest-bearing checking balances up 36% year-to-date.
- Gain on sale revenue totaled approximately $22 million from $322 million of guaranteed loan sales at a 7% average premium.
- Loan originations reached $1.5 billion, the largest Q2 in bank history excluding PPP, driving 3% linked quarter loan growth and 19% year-over-year loan balance increase.
- Net interest income increased $9 million or 9% linked quarter, with net interest margin expanding 8 basis points for the third consecutive quarter.
- Noninterest expense was $89 million, including $3 million of one-time expenses, with core recurring expenses up 3% linked quarter primarily due to growth.
- Q2 earnings per share of $0.51, a 22% linked quarter increase in core operating leverage, and a 20% year-over-year revenue growth highlight strong financial results.
- Commercial loan growth was $114 million for the first 6 months of 2025, an annualized rate of 6.2%, despite $154 million in loan reductions primarily from asset sales.
- Deposit base increased 13% year-over-year, reducing the loan-to-deposit ratio from 107% to just under 100%.
- Effective tax rate was reduced to about 13% in Q2 2025 due to acquisition of transferable energy tax credits, lowering federal income tax expense by $1.5 million.
- Mortgage banking income increased 23.4% for the first 6 months of 2025 compared to the same period in 2024.
- Net income for Q2 2025 was $22.6 million or $1.39 per diluted share, up from $18.8 million or $1.17 per diluted share in Q2 2024.
- Net income for the first 6 months of 2025 was $42.2 million or $2.60 per diluted share, compared to $40.3 million or $2.50 per diluted share in the prior year period.
- Net interest income increased by $2.4 million in Q2 and $3.6 million in the first 6 months of 2025 compared to prior year periods.
- Net interest margin declined 14 basis points year-over-year in Q2 2025 but improved sequentially from Q1 2025.
- Noninterest expenses increased due to higher salary, benefits, data processing costs, and new product introductions.
- Provision expense was $1.6 million in Q2 and $3.7 million in the first 6 months, reflecting increased allocations for stressed loans and economic forecast changes.
- Approximately 59.9% of deposit relationships are over $5 million with an average tenure of 8.3 years.
- Efficiency ratio for the quarter was 41.03%.
- Five Star Bancorp reported $14.5 million of net income for Q2 2025, with earnings per share of $0.68.
- Interest-bearing deposits grew by $87.4 million, mainly from new money market accounts, and noninterest-bearing deposits grew by $68.7 million.
- Loans held for investment grew by $136.2 million or 15% annualized, and deposits grew by approximately $158.3 million or 17% annualized.
- Net interest margin expanded by 8 basis points to 3.53%, while the cost of total deposits declined by 2 basis points to 2.46%.
- Noninterest-bearing deposits represented 26% of total deposits, up from 25% last quarter.
- Nonperforming loans remained low at 6 basis points of total loans held for investment.
- Provision for credit losses was $2.5 million during the quarter.
- Return on average assets was 1.37% and return on average equity was 14.17%.
- Total assets increased by $168.4 million, driven largely by commercial real estate loan portfolio growth of $125.4 million.
- Deposits grew by $32 million, resulting in a loan-to-deposit ratio of 95%, and cost of funds declined slightly.
- Investment securities increased by $164 million to $562 million, driven by $206 million in securities from securitizations with an average yield of approximately 5.63%.
- Net interest income increased by $6.6 million or 15.4% from the first quarter, partly due to $2 million in fee income from securitization transactions.
- Net interest margin improved materially to 4.22%, with a forecasted margin of 3.90% to 3.95% for the second half of 2025 assuming no new securitizations.
- Noninterest expenses rose 2.6% or $738,000, with $500,000 attributed to securitization-related costs.
- Return on assets improved to 1.38% and return on equity was 14.7%.
- Second quarter loans grew by $91.7 million, with compound annual growth of 21.1% since December 2021, expanding from $2.07 billion to $4.08 billion.
- Third Coast Bancshares reported second quarter net income of $15.6 million, up 25% versus the first quarter of 2025.
- Ameris Bancorp reported net income of $109.8 million or $1.60 per diluted share in Q2, a 21% increase year-over-year.
- Capital ratios strengthened with common equity Tier 1 at 13% and tangible common equity (TCE) ratio at 11.09%.
- Deposits increased slightly by $20 million, with noninterest-bearing deposits growing to 31% of total deposits.
- Loan growth was 6.5% annualized, driven mostly by commercial and industrial (C&I) loans, with total loan production at $1.9 billion.
- Provision for credit losses was $2.8 million, with asset quality improving across nonperforming assets, net charge-offs, and classified loans.
- Return on assets (ROA) improved to 1.65%, return on tangible common equity (ROTE) rose to 15.8%, and the efficiency ratio improved to 51.63%.
- Revenue grew at an annualized rate of 20.9%, outpacing expense growth, with net interest margin (NIM) expanding 4 basis points to 3.77%.
- The company emphasized its focus on profitability, balance sheet optimization, and operational efficiency, which has been evident over the past 6 quarters.
- Net interest margin (NIM) expanded by 15 basis points, driven by higher asset yields and lower funding costs.
- The company maintained disciplined expense management and healthy credit metrics, with a loan portfolio that is slightly up and well remixing.
- Allowance for credit losses on loans was $346 million, covering nonperforming assets by 3.47x.
- Deposits were $27.4 billion at June 30, 2025, down 1.6% year-over-year and 2% linked quarter, mainly due to seasonal public fund deposit declines and disciplined pricing.
- Earnings per diluted common share increased 21% to $1.42 from $1.17 year-over-year.
- Excluding one-time items in Q2 2024, net income increased 16% and EPS increased 16.4%.
- Loans totaled $22.1 billion at June 30, 2025, down slightly year-over-year but up 1% linked quarter.
- Net income for Q2 2025 was $135 million, up 21% from $111 million in Q2 2024.
- Net interest margin (tax equivalent) was 3.18% in Q2 2025, up from 2.94% in Q2 2024 and 3.14% in Q1 2025.
- Nonperforming assets increased to $110 million or 33 basis points of average interest-earning assets, compared to $89 million or 25 basis points a year ago.
- Return on average assets was 1.41% and return on average tangible common equity was 13.44% for Q2 2025, both improved from prior year.
- Deposit costs were managed below 2%, with cumulative deposit beta reaching mid-50% range, matching terminal beta from the rising rate cycle.
- Loan growth was strong, with commercial loans up about $3 billion year-to-date, and average loans up $1.6 billion period-end.
- Net charge-offs were $102 million, down 7% sequentially, with credit metrics improving for the sixth consecutive quarter.
- Net interest income grew 28% year-over-year and 4% sequentially, with net interest margin increasing 8 basis points to 2.66%.
- Noninterest income rose 10% year-over-year, driven by investment banking, commercial mortgage servicing, commercial payments, and wealth management.
- Pre-provision net revenue increased by $44 million sequentially, marking the fifth consecutive quarter of growth, with aggregate PPNR up over 60% since Q1 2024.
- Reported second quarter earnings per share of $0.35, with revenues up 21% year-over-year and expenses up about 6% excluding charitable contributions.
- Tangible book value per share increased 3% sequentially and 27% year-over-year.
- Adjusted net income was $587 million, driven by positive operating leverage and net revenue growth.
- Deposits grew by $3.3 billion or 2% sequentially, marking the 7th consecutive quarter of deposit growth.
- Loans increased by $3.5 billion or 2.5% sequentially, led by Global Fund Banking in SVB Commercial segment.
- Net charge-offs increased to $234 million (65 basis points), including an $82 million charge-off related to First Brands bankruptcy.
- Net interest income grew 2.3% sequentially, with headline NIM stable at 3.26%.
- Reported adjusted earnings per share of $44.62, adjusted ROE of 10.62%, and adjusted ROA of 1.01%.
- Tangible book value per share increased approximately 8% year-over-year and 2% sequentially despite $900 million in share repurchases during the quarter.
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