First Resource Bancorp, Inc. Reports Record Third Quarter 2026 Financial Results
PR Newswire•26/10/2026•08:00 ET
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Key Highlights
- ➤Q3 net income $2.9 million, up 30% year over year
- ➤Q3 diluted EPS $0.98, up 31% from 2025
- ➤Nine-month net income $8.2 million, up 40% year over year
- ➤Total deposits grew 6% quarterly and 25% year over year
- ➤Total loans reached $737.1 million, up 12% year over year
Expert Statements
Lauren C. Ranalli, President and CEO of First Resource Bancorp, Inc.
“Growing the balance sheet and profitability concurrently has been a key goal for 2026, and I'm thrilled to report on our success in meeting that mandate through the first nine months of the year. Our exponential growth is a testament to the team's efforts and our ability to deliver solutions for our expanding customer base. As our business continues to grow, we remain committed to investing in the infrastructure necessary to sustain our award-winning customer service and operational excellence.”
Lauren C. Ranalli, President and CEO of First Resource Bancorp, Inc.
“Our ability to consistently maintain a low level of non-performing assets reflects our disciplined underwriting philosophy, which emphasizes sound credit structure, comprehensive cash flow analysis, and proper real estate collateral. We remain committed to maintaining this disciplined approach to credit culture while continuing to support the financing needs of the communities we serve.”
Lauren C. Ranalli, President and CEO of First Resource Bancorp, Inc.
“Our continued success in growing our customer deposit base during the third quarter enabled us to further expand earning assets while reducing non-core deposits by an additional $10.2 million”
First Resource Bancorp, Inc. Reports Record Third Quarter 2026 Financial Results PR Newswire
EXTON, Pa., Oct. 26, 2026 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), reported strong financial performance for the third quarter ended September 30, 2026.
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