JSB Financial Inc. Reports Third Quarter 2026 Results
Key Highlights
- ➤Nine-month net income $4.1M, up 44.2% year over year
- ➤Third-quarter net income $1.3M, up 18.3% year over year
- ➤Net loans $421.4M, up 6.9% year over year
- ➤Deposits $533.0M, up 3.8% year over year
- ➤Net interest margin 3.57%, up 55 basis points year over year
Expert Statements
Cindy Kitner, President and Chief Executive Officer of JSB Financial Inc.
“We are pleased with our third quarter results which reflect the strength of our customer relationships and our continued commitment to responsible growth.”
Cindy Kitner, President and Chief Executive Officer of JSB Financial Inc.
“We remain encouraged by opportunities we see to support our customers and the communities we serve.”
Cindy Kitner, President and Chief Executive Officer of JSB Financial Inc.
“While the economic environment continues to present challenges, we are focused on maintaining a strong financial foundation, making sound lending decisions and positioning the bank for long-term success.”
Cindy Kitner, President and Chief Executive Officer of JSB Financial Inc.
“As we look ahead, we remain committed to building on the momentum we have generated and staying true to our core values.”
JSB Financial Inc. (the Company) (OTCID: JFWV), the bank holding company of Jefferson Security Bank (the Bank), reported unaudited net income of $1.3 million for the third quarter of 2026, representing an increase of $207 thousand, or 18.3%, when compared to $1.1 million for third quarter of 2025. Basic and diluted earnings per common share were $5.20 and $4.40 for the third quarter of 2026 and 2025, respectively. For the first nine months of 2026, net income was $4.1 million, representing an increase of $1.3 million, or 44.2%, when compared to $2.8 million for the first nine months of 2025. Basic and diluted earnings per common share were $15.93 and $11.05 for the first nine months of 2026 and 2025, respectively.
Annualized return on average assets and average equity for September 30, 2026 was 0.96% and 14.18%, respectively, and 0.70% and 11.92%, respectively, for September 30, 2025.
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