White River Bancshares Co. Reports Record Net Income of $5.1 million, or $1.04 Per Diluted Share, for the Third Quarter of 2026
Key Highlights
- ➤Q3 net income reached record $5.1 million, or $1.04 diluted EPS
- ➤Net interest income rose 11.9% year over year to $14.3 million
- ➤Net loans grew 10.9% year over year to $1.375 billion
- ➤No Q3 credit-loss provision was recorded
- ➤Deposits increased 11.4% year over year to $1.432 billion
Expert Statements
Gary Head, Chief Executive Officer of White River Bancshares Company
“Our results continue to reflect the strength of our people and the communities we serve. Our employees bring dedication and care to their work every day, and our clients and communities continue to place their trust in us. We are grateful to serve markets with such strong character and resilience, and we don’t take those relationships for granted. As we close out the year, we look forward to building on this success together with the people and places that make our bank what it is.”
Scott Sandlin, Chief Strategy Officer of White River Bancshares Company
“This quarter marked record earnings for the Company, the culmination of years of strategic planning and disciplined execution across the organization. The results reflect the deliberate steps we have taken to strengthen our balance sheet, deepen client relationships and drive operational efficiencies throughout the business. It was a highly productive quarter, and we are proud of what our team has accomplished. Having reached this level of earnings reinforces our confidence in the strategies we’ve put in place, and we expect to continue building on this momentum in the quarter ahead.”
Brant Ward, President of White River Bancshares Company
“Net interest margin was stable compared with the prior quarter, as higher asset yields were offset by an increase in funding costs. Compared to a year ago, margin was down seven basis points, with lower funding costs only partially offsetting the decline in asset yields. We continue to manage deposit pricing with discipline as we navigate margin performance in the current rate environment,”
Jeff Maland, Chief Risk Officer of White River Bancshares Company
“Credit quality held up well this quarter, a result of our consistent underwriting standards and the resilience of the communities we serve. A significant net recovery, along with stable credit trends, meant no provision for credit losses was needed this quarter, even as loans continued to grow at a steady pace. We remain focused on managing the balance sheet with discipline,”
FAYETTEVILLE, Ark., Oct. 20, 2026 (GLOBE NEWSWIRE) -- White River Bancshares Company (OTCQX: WRIV) (the “Company”), the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income of $5.1 million, or $1.04 per diluted share, in the third quarter of 2026, compared to $4.2 million, or $0.85 per diluted share, in the second quarter of 2026, and $3.5 million, or $0.72 per diluted share, in the third quarter of 2025. In the first nine months of 2026, net income increased to $12.7 million, or $2.58 per diluted share, compared to $9.5 million, or $1.93 per diluted share, in the first nine months of 2025. All financial results are unaudited and all per share data has been adjusted to reflect the two-for-one stock split effected in the form of a stock dividend on September 4, 2026.
“Our results continue to reflect the strength of our people and the communities we serve,” said Gary Head, Chief Executive Officer. “Our employees bring dedication and care to their work every day, and our clients and communities continue to place their trust in us. We are grateful to serve markets with such strong character and resilience, and we don’t take those relationships for granted. As we close out the year, we look forward to building on this success together with the people and places that make our bank what it is.”
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