U & I Financial Corp. Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Third-quarter net loss $824 thousand, or $0.15 per share
- ➤Total assets fell 3.8% year over year to $380.1 million
- ➤Net loans declined 13.1% year over year to $259.1 million
- ➤Total deposits decreased 9.4% year over year to $312.3 million
- ➤Nonperforming assets ratio improved to 0.38% from 1.35% year over year
Expert Statements
Stephanie Yoon, President and CEO of U & I Financial Corp.
“Closing the Bellevue branch, which has operated since 2012, was a difficult decision”
Stephanie Yoon, President and CEO of U & I Financial Corp.
“The location, however, no longer aligns with the Bank's target market, and we expect the transition to nearby branches to cause minimal disruption to affected customers.”
Stephanie Yoon, President and CEO of U & I Financial Corp.
“We are also pleased to promote Yuko Elliott to Chief Credit Officer. Her extensive credit experience and contributions to the Bank have prepared her well for this role.”
LYNNWOOD, WA / ACCESS Newswire / October 29, 2026 / U & I Financial Corp. (OTCQX:UNIF), the holding company ("Company") for UniBank ("Bank"), today reported quarterly Net Loss of $824 thousand or $0.15 loss per share in the third quarter of 2026, compared to a Net Loss of $258 thousand or $0.05 loss per share for the same quarter of 2025. The Company recognized a negative Provision for Credit Losses of $325 thousand during the third quarter of 2026 as compared to negative Provision for Credit Losses of $800 thousand recognized for the same quarter last year.
At September 30, 2026, Total Assets were $380.1 million, a decrease of $15.1 million or 3.8% from $395.1 million at September 30, 2025. Net Loans were $259.1 million at September 30, 2026, a decrease of $39.0 million or 13.1% from $298.2 million at September 30, 2025. Total Deposits decreased by $32.4 million or 9.4% to $312.3 million at September 30, 2026 compared to $344.7 million a year earlier.
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