Mission Bancorp Surpasses $2.0 Billion in Total Assets, Second Quarter Earnings of $8.2 Million and Annual Loan and Deposit Growth of 12.9% and 7.6%.
Mission Bancorp reported Q2 2026 net income of $8.2 million, or $2.73 per diluted share, up 162% year-over-year, as total assets surpassed the $2.0 billion milestone. The balance sheet showed strength with gross loans increasing 12.9% to $1.53 billion and total deposits rising 7.6% to $1.75 billion, while the efficiency ratio improved to 44.8%.
Key figures
- Eps
- 2.73
- Total loans
- 1530176000
- Total assets
- 2014522000
- Total deposits
- 1751306000
- Efficiency ratio
- 44.8%
- Net interest income
- 20435000
- Net interest margin
- 4.35%
- Book value per share
- 80.87
- Nonperforming assets ratio
- 0.02%
AI analysis
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