Total Revenue

+21% " "

Total Revenue rose by approximately 21% YoY, driven by a combination of a 12% increase in interest income and a dramatic 186% jump in noninterest income, reflecting enhanced fee services and improved market conditions compared to Q2 2024. " " " "

Interest Income

+12% " " "

Interest Income increased to $42.60 million from $37.987 million, primarily due to higher yields and increased loan volumes, building on prior period performance improvements observed in Q2 2024. " " "

Noninterest Income

+186% " "

Noninterest Income surged from $2.033 million to $5.82 million, mainly driven by significant increases in service, loan fee, and branch fee incomes, indicating a strategic shift towards fee-based revenue streams versus the previous period. " "

Total Loans

+13% " "

Total Loans grew by 13%, from $35.606 million to $40.23 million, reflecting successful expansion in commercial and residential mortgage loans, which built upon modest loan growth in earlier periods. " "