First Resource Bank Q2 FY26 net income rises 46% to $2.8 million; EPS increases 48% to $0.93

Reuters2026/07/23 12:05

By:Reuters

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First Resource Bank posted Q2 net income of $2.8 million, up 46% from a year earlier and up 13% from Q1.
Diluted EPS rose 48% year over year to $0.92; net interest income climbed 36% to $8.1 million.
Net interest margin widened 29 basis points to 4.09%, partly due to recovery of past-due interest on a nonaccrual loan repaid in full.
Total loans grew 3% in the quarter to $726.9 million; total deposits increased 4% to $745.4 million.
Non-performing assets fell to $881,000, or 0.10% of assets, following the full collection of a $2.3 million non-accrual commercial loan relationship.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Resource Bank published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607230800PR_NEWS_USPR_____PH09672) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Resource Bank Q2 FY26 net income rises 46% to $2.8 million; EPS increases 48% to $0.93

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