Total Revenue

Up roughly 8% ( " " " )

Total revenue increased by about 8%, driven primarily by higher net interest income and supportive fee growth in Q2 2025 compared to Q2 2024, building on earlier trends seen in previous quarters where net interest income improvements bolstered revenue despite mixed non‐interest income performance ( " " " ).

Net Interest Income

Approximately +10% ( " " " )

Net interest income rose to $33.78 million, a roughly 10% gain, reflecting factors such as loan growth and improved fee contributions that were also evident in previous quarters, similar to the gains driven by increased average loans and leases and fee income improvements seen in Q1 2025 ( " " " ).

Private Wealth Management Fees

Up about 8% ( " " )

Private Wealth Management Fees increased to $3.75 million, an 8% rise driven by continual growth in assets under management, higher fee rates, and non‐recurring transaction fees noted in earlier periods, consistent with the momentum seen in Q1 2025 where fee income improvement was supported by new client inflows and asset growth ( " " ).

Non–Interest Income

Down roughly 2% ( " " )

Non–interest income declined slightly by about 2%, which contrasts with previous periods where gains on SBA loan sales and fee income uplift partly offset declines in other areas; the marginal drop in Q2 2025 may be due to market volatility and lower performance in some income segments, highlighting an area for future improvement ( " " ).

Loan Fees

Dropped nearly 50% ( " " )

Loan fees fell significantly to $0.42 million, a drop of almost 50%, primarily due to a reclassification of certain loan fee income from non–interest to interest income, a trend observed in Q1 2025 that continued in Q2 2025, reflecting a systematic accounting change aimed at better aligning loan fee reporting with underlying commercial and industrial loan fee activity ( " " ).