Cashmere Valley Bank Reports Increased Quarterly Earnings of $6.9 million, Year to Date Earnings of $12.7 million

CASHMERE, WA / ACCESS Newswire / July 22, 2026 / Cashmere Valley Bank (OTCQX:CSHX) ("Bank"), announced quarterly earnings of $6.9 million for the quarter ended June 30, 2026. Diluted earnings per share totaled $1.88, which represented an increase of $0.34 per share, or 22.1% from the quarter ended March 31, 2026. Year to date diluted earnings per share were $3.42 as compared to $3.69 one year ago.

"The second quarter reflected a strong rebound from the first quarter. Along with the improvement in earnings, we are very pleased with our balance sheet growth in 2026," said Greg Oakes, President and CEO. "Loan and deposit totals are both above our expectations entering the year. We are also thrilled to report that we broke ground on our upcoming East Wenatchee facility along Grant Road. We expect that facility to open in the middle part of 2027."