Overview
- Renasant reported adjusted earnings per share of $0.93 with stronger returns and a leaner efficiency ratio, and it booked an $8.1 million credit loss provision as loan yields and deposit costs edged lower.
- Norwood Financial posted record net interest income of $24.6 million and a 3.68% net interest margin after advancing its Presence Bank integration and rolling out an AI-enabled commercial credit system.
- Pacific West Bancorp earned $155,000 after $425,000 in merger expenses, crossed $400 million in assets, and said deposit growth and higher fee income signaled improving core momentum.
- Northeast Indiana Bancorp said non‑performing loans rose to $10.7 million even as net income reached $1.6 million and the net interest margin improved to 3.51%.
- Medallion Bank delivered $13.0 million in net income with double‑digit originations growth and an 8.39% margin, and its board declared a $0.5625 quarterly dividend on Series G preferred shares, while Southern Michigan and Cornerstone reported higher margins and record or larger balance sheets.