PSB Financial Q2 FY26 turns to net loss of $148,000; net interest income rises 3.2% to $931,000
Reuters2026/08/14 20:50Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- PSB Financial posted a net loss of $148,000 in the quarter ended June 30, 2026, turning from net income of $37,000.
- Net interest income rose 3.2% to $931,000, while net interest margin narrowed 22 basis points to 3.19%.
- Noninterest expense climbed 34.3% to $1.3 million, driven by $286,000 of core platform conversion-related data processing costs.
- Deposits increased 2.2% to $94.7 million at June 30, 2026, with non-maturity balances down $2.9 million and time deposits up $4.9 million.
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. PSB Financial Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-097289), on August 14, 2026, and is solely responsible for the information contained therein.
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