Reported 2 days ago
In the Q3 2025 earnings call held on October 24, President Lee Gibson and CFO Julie N. Schamberger discussed financial performance, indicating a net income of $4.9 million and a loan portfolio growth of $163 million. They reported a restructuring of the securities portfolio, which involved selling lower-yielding securities, and emphasized the strong Texas economy and loan growth. After a notable rise in deposits and loan production, executives shared optimism for future net interest income, despite witnessing a 77.5% drop in net income year-over-year due to a loss from the securities sale.
Source: YAHOO