Security Bancorp Q2 FY26 net income rises 30.7% to $1.6 million; net interest income climbs 21.1% to $3.9 million
Reuters2026/08/05 17:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Security Bancorp posted fiscal Q2 net income of $1.6 million, up 30.8% from a year earlier.
- Net interest income rose 21.1% to $3.9 million, driven by higher loans, higher loan rates, and lower interest expense.
- Provision for credit losses was $45,000, versus no provision a year earlier, reflecting significant loan growth.
- Total assets increased 1.2% to $386.1 million, as loans receivable climbed 3.7% to $311.1 million on one-to-four family mortgage and commercial real estate growth.
- Non-performing assets rose to $941,000 from $4,000 at Dec. 31, 2025, attributed to higher real estate owned.
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. Security Bancorp Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051342PRIMZONEFULLFEED9804366) on August 05, 2026, and is solely responsible for the information contained therein.
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