TOUCHMARK BANCSHARES, INC. REPORTS THIRD QUARTER 2026 RESULTS

Bobby Krimmel, President and Chief Executive Officer of Touchmark Bancshares, Inc.

“We made significant progress during the third quarter optimizing our balance sheet to support growth in net income, net interest margin and efficiency.”

Bobby Krimmel, President and Chief Executive Officer of Touchmark Bancshares, Inc.

“Net income reached the highest level in two years while efficiency improved to an 18-month low. We experienced a slowdown in lending activity during the quarter with $2.7 million in new loan commitments as many of the companies we were working with turned cautious because of higher interest rates and inflation. However, we anticipate the slowdown to be temporary with a return to organic loan growth during the fourth quarter at a similar pace experienced earlier this year.”

Bobby Krimmel, President and Chief Executive Officer of Touchmark Bancshares, Inc.

“During the quarter we welcomed 28 new loan and deposit customers to Touchmark and continued to experience growth in our relationship banking model. We made significant progress in resolving our nonperforming assets which dropped by $3.3 million to a three-year low. Interest expense declined for the 10(th) consecutive quarter as we continued our strategy to exit non-relationship deposit customers. We replaced our Company's website with a new modern look with more information about Touchmark National Bank and changed the website domain to TouchmarkBank.com to make it easier for new prospects to find us. The Company continued its stock repurchase program during the quarter, buying 15,000 shares in the open market at a 35% discount to book value.”