First Bank Announces Second Quarter 2026 Net Income of $10.9 Million
First Bank reported Q2 2026 net income of $10.9 million, or $0.43 per diluted share, an increase from $10.2 million, or $0.41 per diluted share, in the prior year quarter. The bank achieved organic growth with total loans rising to $3.37 billion and total deposits to $3.32 billion, while its efficiency ratio improved to 54.52% and net interest margin remained stable at 3.68%.
Key figures
- Eps
- 0.43
- Net income
- $10.9 million
- Total loans
- $3.37 billion
- Total deposits
- $3.32 billion
- Efficiency ratio
- 54.52%
- Net interest income
- $34.8 million
- Net interest margin
- 3.68%
- Nonperforming assets
- $32.7 million
- Provision for credit losses
- $2.2 million
- Tangible book value per share
- $16.27
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.