Kish Bancorp, Inc. Reports Net Income of $3.6 Million, or $1.21 Per Share, in the First Quarter of 2025
Kish Bancorp (OTCQX: KISB) reported Q1 2025 net income of $3.6 million, or $1.21 per share, compared to $4.1 million in Q4 2024 and $3.1 million in Q1 2024. Total assets increased 14.3% to $1.8 billion, with loans growing 19.1% to $1.5 billion year-over-year.
Key highlights include: deposits up 8.7% to $1.3 billion, net interest income before provision up 14.4%, and noninterest income increased 5.4%. The company maintained strong credit quality with nonperforming loans at just 0.04% of total loans. The net interest margin expanded to 3.26%, and ROE reached 11.71%.
Tangible book value per share grew 11.9% to $35.65. The company declared a quarterly dividend of $0.39 per share, representing a 4.98% annualized yield. Kish Bank remains well-capitalized with a Tier 1 leverage ratio of 9.05% and recently completed a $10 million term debt private placement.
Kish Bancorp (OTCQX: KISB) ha riportato un utile netto nel primo trimestre 2025 di 3,6 milioni di dollari, pari a 1,21 dollari per azione, rispetto ai 4,1 milioni del quarto trimestre 2024 e ai 3,1 milioni del primo trimestre 2024. Gli attivi totali sono aumentati del 14,3%, raggiungendo 1,8 miliardi di dollari, con i prestiti cresciuti del 19,1% a 1,5 miliardi di dollari su base annua.
I punti salienti includono: depositi in aumento dell'8,7% a 1,3 miliardi di dollari, reddito netto da interessi prima delle accantonamenti in crescita del 14,4% e ricavi non da interessi aumentati del 5,4%. L'azienda ha mantenuto una solida qualità del credito, con prestiti non performanti pari solo allo 0,04% del totale prestiti. Il margine di interesse netto si è ampliato al 3,26% e il ROE ha raggiunto l'11,71%.
Il valore contabile tangibile per azione è cresciuto dell'11,9%, arrivando a 35,65 dollari. La società ha dichiarato un dividendo trimestrale di 0,39 dollari per azione, corrispondente a un rendimento annualizzato del 4,98%. Kish Bank resta ben capitalizzata con un rapporto di leva Tier 1 del 9,05% e ha recentemente completato un collocamento privato di debito a termine da 10 milioni di dollari.
Kish Bancorp (OTCQX: KISB) reportó un ingreso neto en el primer trimestre de 2025 de 3,6 millones de dólares, o 1,21 dólares por acción, comparado con 4,1 millones en el cuarto trimestre de 2024 y 3,1 millones en el primer trimestre de 2024. Los activos totales aumentaron un 14,3% hasta 1,8 mil millones de dólares, con préstamos creciendo un 19,1% a 1,5 mil millones año con año.
Los puntos clave incluyen: depósitos que subieron un 8,7% a 1,3 mil millones, ingresos netos por intereses antes de provisiones aumentaron un 14,4%, y los ingresos no relacionados con intereses crecieron un 5,4%. La compañía mantuvo una sólida calidad crediticia con préstamos en mora en solo el 0,04% del total de préstamos. El margen neto de interés se expandió a 3,26% y el ROE alcanzó el 11,71%.
El valor contable tangible por acción creció un 11,9% hasta 35,65 dólares. La empresa declaró un dividendo trimestral de 0,39 dólares por acción, representando un rendimiento anualizado del 4,98%. Kish Bank sigue bien capitalizada con una ratio de apalancamiento Tier 1 del 9,05% y recientemente completó una colocación privada de deuda a plazo por 10 millones de dólares.
Kish Bancorp (OTCQX: KISB)는 2025년 1분기 순이익으로 360만 달러, 주당 1.21달러를 보고했으며, 이는 2024년 4분기 410만 달러와 2024년 1분기 310만 달러와 비교됩니다. 총 자산은 14.3% 증가한 18억 달러를 기록했으며, 대출금은 전년 대비 19.1% 증가한 15억 달러에 달했습니다.
주요 내용으로는 예금이 8.7% 증가한 13억 달러, 충당금 전 순이자 수익이 14.4% 증가, 비이자 수익은 5.4% 증가했습니다. 회사는 총 대출의 0.04%에 불과한 부실 대출로 강한 신용 품질을 유지했습니다. 순이자 마진은 3.26%로 확대되었고, 자기자본이익률(ROE)은 11.71%에 달했습니다.
주당 유형자산 장부가치는 11.9% 증가하여 35.65달러가 되었으며, 분기별 배당금은 주당 0.39달러로 연환산 수익률 4.98%를 나타냅니다. Kish Bank는 Tier 1 레버리지 비율 9.05%로 자본이 튼튼하며 최근 1,000만 달러 규모의 만기 부채 사모 발행을 완료했습니다.
Kish Bancorp (OTCQX : KISB) a annoncé un bénéfice net au premier trimestre 2025 de 3,6 millions de dollars, soit 1,21 dollar par action, contre 4,1 millions au quatrième trimestre 2024 et 3,1 millions au premier trimestre 2024. Les actifs totaux ont augmenté de 14,3 % pour atteindre 1,8 milliard de dollars, avec une croissance des prêts de 19,1 % à 1,5 milliard sur un an.
Les points clés incluent : des dépôts en hausse de 8,7 % à 1,3 milliard, un revenu net d’intérêts avant provisions en hausse de 14,4 %, et un revenu hors intérêts en augmentation de 5,4 %. La société a maintenu une qualité de crédit solide avec des prêts non performants représentant seulement 0,04 % du total des prêts. La marge nette d’intérêt s’est élargie à 3,26 % et le ROE a atteint 11,71 %.
La valeur comptable tangible par action a augmenté de 11,9 % pour atteindre 35,65 dollars. L’entreprise a déclaré un dividende trimestriel de 0,39 dollar par action, représentant un rendement annualisé de 4,98 %. Kish Bank reste bien capitalisée avec un ratio de levier Tier 1 de 9,05 % et a récemment finalisé un placement privé d’une dette à terme de 10 millions de dollars.
Kish Bancorp (OTCQX: KISB) meldete für das erste Quartal 2025 einen Nettogewinn von 3,6 Millionen US-Dollar bzw. 1,21 US-Dollar je Aktie, im Vergleich zu 4,1 Millionen im vierten Quartal 2024 und 3,1 Millionen im ersten Quartal 2024. Die Gesamtaktiva stiegen um 14,3 % auf 1,8 Milliarden US-Dollar, wobei die Kredite im Jahresvergleich um 19,1 % auf 1,5 Milliarden US-Dollar wuchsen.
Wichtige Highlights sind: Einlagen stiegen um 8,7 % auf 1,3 Milliarden US-Dollar, das Nettozinsergebnis vor Rückstellungen erhöhte sich um 14,4 % und die Zinserträge außerhalb der Zinsen stiegen um 5,4 %. Das Unternehmen hielt eine starke Kreditqualität mit notleidenden Krediten von nur 0,04 % der Gesamtkredite aufrecht. Die Nettozinsmarge weitete sich auf 3,26 % aus, und die Eigenkapitalrendite (ROE) erreichte 11,71 %.
Der materielle Buchwert je Aktie stieg um 11,9 % auf 35,65 US-Dollar. Das Unternehmen erklärte eine Quartalsdividende von 0,39 US-Dollar je Aktie, was einer annualisierten Rendite von 4,98 % entspricht. Kish Bank bleibt gut kapitalisiert mit einer Tier-1-Leverage-Quote von 9,05 % und hat kürzlich eine Privatplatzierung von Terminschulden in Höhe von 10 Millionen US-Dollar abgeschlossen.
- Strong loan growth of 19.1% year-over-year to $1.5 billion
- Net interest income increased 14.4% compared to Q1 2024
- Excellent credit quality with nonperforming loans at just 0.04% of total loans
- Tangible book value per share increased 11.9% to $35.65
- Deposits grew 8.7% year-over-year to $1.3 billion
- ROE improved to 11.71% from 10.84% year-over-year
- Net income decreased from $4.1 million in Q4 2024 to $3.6 million in Q1 2025
- Efficiency ratio increased to 72.7% from 69.3% in the previous quarter
- Noninterest expenses increased 10% year-over-year
- Noninterest-bearing demand deposits decreased 0.7% year-over-year
Results for the first quarter of 2025 included a
“Our first quarter performance was an excellent start to the year, highlighted by exceptional loan and deposit growth and strong operating results,” stated William P. Hayes, Executive Chairman. “The increase in net interest income during the first quarter compared to the year ago quarter was primarily driven by new loan growth. As anticipated, our net interest margin expanded during the first quarter, as our cost of funds adjusted downward driven by lower competitive market rates, and more than offset the decline in earning asset yields. As we celebrate a significant milestone in 2025—the 125th anniversary of Kish Bank—we are excited about the future. We are confident that our sustained focus on the client and the values of service, performance, trust and community will continue to differentiate Kish and deliver for our shareholders as we navigate through new opportunities and challenges in the year ahead.”
“We continue to look for innovative, cost-effective ways to reach our customers and grow our business,” said Gregory T. Hayes, President and CEO. “In 2024 we launched ATM + Live Banker, our newest transformative banking solution, now available at 13 of our locations across
First Quarter 2025 Financial Highlights:
-
Total assets increased
$221.7 million 14.3% , to$1.8 billion $1.5 billion -
Total loans grew by
$239.8 million 19.1% , year over year to$1.5 billion $1.3 billion -
Total deposits increased
$104.1 million 8.7% , to$1.3 billion -
First quarter net interest income, before provision, increased
$1.6 million 14.4% , compared to the first quarter a year ago. -
Noninterest income increased
$158 thousand 5.4% , compared to the year ago quarter. -
First quarter net interest margin expanded eight basis points from the first quarter a year ago to
3.26% . -
Continued strong first quarter ROE of
11.71% and ROA of0.84% . -
Tangible book value per share increased
11.9% to$35.65 $31.85 -
Paid a
$0.39 -
At March 31, 2025, Kish Bank continued to exceed regulatory well-capitalized requirements with a Tier 1 leverage ratio of
9.05% , a Tier 1 capital ratio of9.84% and a Total risk-based capital ratio of10.52% .
Balance Sheet
“Loan growth had another strong quarter, with total loans outstanding up by
Total assets ended the quarter at
Total deposits grew by
Stockholders’ equity increased
Kish Bank continues to maintain capital levels in excess of the requirements to be categorized as “well-capitalized” with a Tier 1 leverage ratio of
Operating Results
In the first quarter of 2025, Kish generated a return on average common equity of
Net interest income, before the provision for credit losses, increased
Primarily due to loan growth, the Company recorded a
First quarter noninterest income increased
Noninterest expense increased
The efficiency ratio for the first quarter of 2025 was
In the first quarter of 2025, the Company recorded
Credit Quality
The allowance for credit losses represented 1,
Net loan recoveries totaled
Dividend
On April 1, 2025, the Board of Directors declared a quarterly dividend in the amount of
Recent Events
During the fourth quarter of 2024, the Company completed the issuance of
About Kish Bancorp, Inc.
Kish Bancorp, Inc. is a diversified financial services corporation headquartered in
In June of 2024, Kish Bancorp, Inc. was ranked 38th on American Banker Magazine’s list of Top 100 Publicly Traded Community Banks and Thrifts based on three-year average return on equity as of December 31, 2023. The rankings are derived from all publicly traded banks and thrifts in the
Forward Looking Statements
Certain statements regarding Kish Bancorp, Inc. set forth in this document and any related materials, as well as in related oral and written presentations, contain forward-looking information and speak only as of the date of such statement. You can identify these statements by the fact that they use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “forecast” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or business plans and prospects. This forward-looking information is subject to numerous material risks, uncertainties and assumptions, certain of which are beyond the control of Kish Bancorp, including the impact of general economic conditions, industry conditions, competition from other industry participants, the effect of federal, state and local regulation on financial institutions, market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the material assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and actual results, performance or achievement could differ materially from those expressed in, or implied by, this forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Kish Bancorp will derive therefrom. Kish Bancorp disclaims any intention or obligation to update or revise any forward-looking information, whether, because of new information, future events or otherwise, except as required by applicable securities laws.
| Consolidated Balance Sheet | |||||||||||
| (Unaudited; in thousands) | |||||||||||
Mar. 31, 2025 |
|
Dec. 31, 2024 |
|
Mar. 31, 2024 |
|||||||
| ASSETS | |||||||||||
| Cash and due from banks | $ |
14,333 |
|
$ |
13,920 |
|
$ |
9,769 |
|
||
| Interest-bearing deposits with other institutions |
|
4,796 |
|
|
3,297 |
|
|
8,737 |
|
||
| Cash and cash equivalents |
|
19,129 |
|
|
17,217 |
|
|
18,506 |
|
||
| Certificates of deposit on other financial institutions |
|
- |
|
|
- |
|
|
245 |
|
||
| Investment securities available for sale |
|
152,592 |
|
|
151,328 |
|
|
171,744 |
|
||
| Equity securities |
|
2,298 |
|
|
2,378 |
|
|
2,452 |
|
||
| Investment securities held to maturity |
|
9,405 |
|
|
9,406 |
|
|
11,003 |
|
||
| Loans held for sale |
|
1,583 |
|
|
786 |
|
|
168 |
|
||
| Loans |
|
1,495,235 |
|
|
1,424,000 |
|
|
1,255,393 |
|
||
| Less allowance for credit losses |
|
9,481 |
|
|
8,906 |
|
|
7,580 |
|
||
| Net Loans |
|
1,485,754 |
|
|
1,415,094 |
|
|
1,247,813 |
|
||
| Premises and equipment |
|
28,163 |
|
|
27,534 |
|
|
27,118 |
|
||
| Goodwill |
|
3,512 |
|
|
3,512 |
|
|
3,561 |
|
||
| Regulatory stock |
|
11,379 |
|
|
8,330 |
|
|
9,631 |
|
||
| Bank-owned life insurance |
|
25,213 |
|
|
25,032 |
|
|
24,480 |
|
||
| Accrued interest and other assets |
|
32,279 |
|
|
31,933 |
|
|
32,870 |
|
||
| TOTAL ASSETS | $ |
1,771,307 |
|
$ |
1,692,550 |
|
$ |
1,549,591 |
|
||
| LIABILITIES | |||||||||||
| Noninterest-bearing deposits |
|
173,197 |
|
|
171,361 |
|
|
174,500 |
|
||
| Interest-bearing deposits |
|
1,123,020 |
|
|
1,126,709 |
|
|
1,017,586 |
|
||
| Total Deposits |
|
1,296,217 |
|
|
1,298,070 |
|
|
1,192,086 |
|
||
| Borrowings |
|
331,801 |
|
|
252,635 |
|
|
222,111 |
|
||
| Accrued interest and other liabilities |
|
33,254 |
|
|
35,734 |
|
|
38,629 |
|
||
| TOTAL LIABILITIES |
|
1,661,272 |
|
|
1,586,439 |
|
|
1,452,826 |
|
||
| STOCKHOLDERS' EQUITY | |||||||||||
| Common stock, |
|
1,512 |
|
|
1,511 |
|
|
1,508 |
|
||
| Additional paid-in capital |
|
13,062 |
|
|
12,840 |
|
|
13,905 |
|
||
| Retained earnings |
|
109,431 |
|
|
106,979 |
|
|
98,888 |
|
||
| Accumulated other comprehensive income |
|
(12,590 |
) |
|
(13,623 |
) |
|
(13,988 |
) |
||
| Treasury stock, at cost (44,492, 52,608 and 78,376 shares) |
|
(1,380 |
) |
|
(1,596 |
) |
|
(3,548 |
) |
||
| TOTAL STOCKHOLDERS' EQUITY |
|
110,035 |
|
|
106,111 |
|
|
96,765 |
|
||
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ |
1,771,307 |
|
$ |
1,692,550 |
|
$ |
1,549,591 |
|
||
| CONSOLIDATED STATEMENT OF INCOME | ||||||||||||
| (Unaudited; in thousands) | ||||||||||||
| Three Months Ended | ||||||||||||
Mar. 31, 2025 |
|
Dec. 31, 2024 |
|
Mar. 31, 2024 |
||||||||
| INTEREST AND DIVIDEND INCOME | ||||||||||||
| Interest and fees on loans: | ||||||||||||
| Taxable | $ |
22,519 |
|
$ |
22,375 |
|
$ |
19,521 |
|
|||
| Exempt from federal income tax |
|
231 |
|
|
264 |
|
|
256 |
|
|||
| Investment securities | ||||||||||||
| Taxable |
|
963 |
|
|
1,043 |
|
|
1,266 |
|
|||
| Exempt from federal income tax |
|
58 |
|
|
59 |
|
|
53 |
|
|||
| Interest-bearing deposits with other institutions |
|
59 |
|
|
81 |
|
|
89 |
|
|||
| Other dividend income |
|
242 |
|
|
220 |
|
|
252 |
|
|||
| TOTAL INTEREST AND DIVIDEND INCOME |
|
24,072 |
|
|
24,042 |
|
|
21,437 |
|
|||
| INTEREST EXPENSE | ||||||||||||
| Deposits |
|
8,230 |
|
|
8,828 |
|
|
7,381 |
|
|||
| Borrowings |
|
2,792 |
|
|
2,420 |
|
|
2,649 |
|
|||
| TOTAL INTEREST EXPENSE |
|
11,022 |
|
|
11,248 |
|
|
10,030 |
|
|||
| NET INTEREST INCOME |
|
13,050 |
|
|
12,794 |
|
|
11,407 |
|
|||
| Provision for credit losses |
|
159 |
|
|
(142 |
) |
|
113 |
|
|||
| NET INTEREST INCOME AFTER | ||||||||||||
| PROVISION FOR CREDIT LOSSES |
|
12,891 |
|
|
12,936 |
|
|
11,294 |
|
|||
| NONINTEREST INCOME | ||||||||||||
| Service fees on deposit accounts |
|
659 |
|
|
673 |
|
|
583 |
|
|||
| Investment security gains, net |
|
- |
|
|
392 |
|
|
- |
|
|||
| Equity securities (losses) gains, net |
|
(79 |
) |
|
(131 |
) |
|
(149 |
) |
|||
| Gain on sale of loans, net |
|
86 |
|
|
130 |
|
|
74 |
|
|||
| Earnings on Bank-owned life insurance |
|
179 |
|
|
183 |
|
|
176 |
|
|||
| Insurance commissions |
|
990 |
|
|
680 |
|
|
934 |
|
|||
| Travel agency commissions |
|
8 |
|
|
73 |
|
|
19 |
|
|||
| Wealth management |
|
910 |
|
|
820 |
|
|
940 |
|
|||
| Benefits consulting |
|
170 |
|
|
155 |
|
|
145 |
|
|||
| Other |
|
158 |
|
|
329 |
|
|
201 |
|
|||
| TOTAL NONINTEREST INCOME |
|
3,081 |
|
|
3,304 |
|
|
2,923 |
|
|||
| NONINTEREST EXPENSE | ||||||||||||
| Salaries and employee benefits |
|
6,949 |
|
|
6,490 |
|
|
6,431 |
|
|||
| Occupancy and equipment |
|
1,091 |
|
|
1,050 |
|
|
1,007 |
|
|||
| Data processing |
|
1,382 |
|
|
1,259 |
|
|
1,137 |
|
|||
| Professional fees |
|
188 |
|
|
235 |
|
|
150 |
|
|||
| Advertising |
|
145 |
|
|
110 |
|
|
116 |
|
|||
| Federal deposit insurance |
|
378 |
|
|
343 |
|
|
292 |
|
|||
| Other |
|
1,470 |
|
|
1,760 |
|
|
1,414 |
|
|||
| TOTAL NONINTEREST EXPENSE |
|
11,603 |
|
|
11,247 |
|
|
10,547 |
|
|||
| INCOME BEFORE INCOME TAXES |
|
4,369 |
|
|
4,993 |
|
|
3,670 |
|
|||
| Income taxes |
|
760 |
|
|
873 |
|
|
585 |
|
|||
| NET INCOME | $ |
3,609 |
|
$ |
4,120 |
|
$ |
3,085 |
|
|||
| Earnings per share | $ |
1.21 |
|
$ |
1.39 |
|
$ |
1.06 |
|
|||
| ADDITIONAL FINANCIAL INFORMATION | ||||||||||||
| (Dollars and shares in thousands except per share amounts)(Unaudited) | ||||||||||||
| Three Months Ended | ||||||||||||
Mar. 31, 2025 |
Dec. 31, 2024 |
Mar. 31, 2024 |
||||||||||
| PERFORMANCE MEASURES AND RATIOS | ||||||||||||
| Return on average common equity |
|
11.71 |
% |
|
13.56 |
% |
|
10.84 |
% |
|||
| Return on average assets |
|
0.84 |
% |
|
0.97 |
% |
|
0.80 |
% |
|||
| Efficiency ratio |
|
72.65 |
% |
|
69.25 |
% |
|
74.19 |
% |
|||
| Net interest margin |
|
3.26 |
% |
|
3.23 |
% |
|
3.18 |
% |
|||
| Three Months Ended | ||||||||||||
|
Mar. 31, 2025 |
|
Dec. 31, 2024 |
|
Mar. 31, 2024 |
|||||||
| AVERAGE BALANCES | ||||||||||||
| Average assets | $ |
1,722,201 |
|
$ |
1,671,984 |
|
$ |
1,538,898 |
|
|||
| Average earning assets |
|
1,632,737 |
|
|
1,583,918 |
|
|
1,443,705 |
|
|||
| Average total loans |
|
1,454,787 |
|
|
1,398,480 |
|
|
1,245,749 |
|
|||
| Average deposits |
|
1,299,717 |
|
|
1,295,387 |
|
|
1,165,442 |
|
|||
| Average common equity |
|
118,480 |
|
|
115,103 |
|
|
105,932 |
|
|||
Mar. 31, 2025 |
|
Dec. 31, 2024 |
|
Mar. 31, 2024 |
||||||||
| EQUITY ANALYSIS | ||||||||||||
| Total common equity | $ |
118,073 |
|
$ |
116,751 |
|
$ |
107,977 |
|
|||
| Common stock outstanding |
|
3,023,690 |
|
|
3,022,127 |
|
|
3,015,877 |
|
|||
| Book value per share | $ |
36.39 |
|
$ |
35.98 |
|
$ |
33.30 |
|
|||
| Tangible book value per share | $ |
35.65 |
|
$ |
34.58 |
|
$ |
31.85 |
|
|||
| ASSET QUALITY | ||||||||||||
| Nonaccrual loans | $ |
503 |
|
$ |
521 |
|
$ |
567 |
|
|||
| Loans 90 days past due and still accruing |
|
96 |
|
|
201 |
|
|
103 |
|
|||
| Total nonperforming loans | $ |
599 |
|
$ |
722 |
|
$ |
670 |
|
|||
| Other real estate owned and other repossessed assets |
|
- |
|
|
- |
|
|
- |
|
|||
| Total nonperforming assets | $ |
599 |
|
$ |
722 |
|
$ |
670 |
|
|||
| Nonperforming loans/portfolio loans |
|
0.04 |
% |
|
0.05 |
% |
|
0.05 |
% |
|||
| Nonperforming assets/assets |
|
0.03 |
% |
|
0.04 |
% |
|
0.04 |
% |
|||
| Allowance for credit losses | $ |
9,481 |
|
$ |
8,906 |
|
$ |
7,580 |
|
|||
| Allowance for credit losses/portfolio loans |
|
0.63 |
% |
|
0.63 |
% |
|
0.60 |
% |
|||
| Allowance for credit losses/nonperforming loans |
|
1582.80 |
% |
|
1233.52 |
% |
|
1415.07 |
% |
|||
| Net loan (recoveries) charge-offs for the quarter | $ |
(2 |
) |
$ |
(262 |
) |
$ |
20 |
|
|||
Mar. 31, 2025 |
|
Dec. 31, 2024 |
|
Mar. 31, 2024 |
||||||||
| KISH BANK | ||||||||||||
| Tier 1 leverage ratio |
|
9.05 |
% |
|
9.02 |
% |
|
8.96 |
% |
|||
| Tier 1 capital ratio |
|
9.84 |
% |
|
9.92 |
% |
|
10.00 |
% |
|||
| Total capital ratio |
|
10.52 |
% |
|
10.62 |
% |
|
10.68 |
% |
|||
Mar. 31, 2025 |
|
Dec. 31, 2024 |
|
Mar. 31, 2024 |
||||||||
| INTEREST SPREAD ANALYSIS | ||||||||||||
| Yield on total loans |
|
6.36 |
% |
|
6.46 |
% |
|
6.40 |
% |
|||
| Yield on investments |
|
2.58 |
% |
|
2.60 |
% |
|
2.84 |
% |
|||
| Yield on interest earning deposits |
|
4.34 |
% |
|
5.02 |
% |
|
8.08 |
% |
|||
| Yield on earning assets |
|
5.99 |
% |
|
6.06 |
% |
|
5.96 |
% |
|||
| Cost of interest-bearing deposits |
|
2.95 |
% |
|
3.12 |
% |
|
2.97 |
% |
|||
| Cost of total deposits |
|
2.57 |
% |
|
2.71 |
% |
|
2.55 |
% |
|||
| Cost of borrowings |
|
4.05 |
% |
|
4.07 |
% |
|
4.42 |
% |
|||
| Cost of interest-bearing liabilities |
|
3.17 |
% |
|
3.29 |
% |
|
3.25 |
% |
|||
| Cost of funds |
|
2.83 |
% |
|
2.92 |
% |
|
2.87 |
% |
|||
View source version on businesswire.com: https://www.businesswire.com/news/home/20250417704733/en/
Mark J. Cvrkel, EVP, Treasurer and Chief Financial Officer, 814-325-7346
Source: Kish Bancorp, Inc.
FAQ
What was Kish Bancorp's (KISB) net income for Q1 2025?
How much did KISB's total loans grow in Q1 2025 compared to the previous year?
What is KISB's current quarterly dividend and yield?
How did KISB's credit quality perform in Q1 2025?
What was Kish Bancorp's (KISB) return on equity in Q1 2025?
