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1st Summit Bancorp of Johnstown Announces Third Quarter 2026 Results

$FSMKPress releaseOct 16, 2026, 4:30 PM ETRead the release

1st Summit Bancorp reported Q3 2026 net income of $2.55 million, up 49.7% from $1.70 million a year earlier and up 2.3% sequentially; nine-month net income totaled $7.3 million. Gross loans grew $24.2 million in the quarter (10.47% annualized) to $941.5 million, led by commercial real estate and construction lending, while the net interest margin expanded to 2.63% from 2.28% a year ago.

Key figures

Eps
1.2
Revenue
0
Acl
7300000
Roaa
0.66%
Roae
9.47%
Gross loans
941500000
Total assets
1515000000
Net income q3
2550000
Net income qoq
2.3%
Net income yoy
49.7%
Total deposits
1190000000
Loan growth qoq
$24.2 million (10.47% annualized)
Efficiency ratio
73.64%
Net income 9m 2026
7300000
Net interest income
9542000
Net interest margin
2.63%
Stockholders equity
99487000
Book value per share
46.97
Nonaccrual loans pct
0.32%
Tangible book value per share
46.81

AI analysis

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    FSMK: 1st Summit Bancorp of Johnstown Announces Third Quarter 2026 Results — AI Analysis | Signal8