NWFL net income +50% to $9.3M as PB Bankshares acquisition adds $467M in loans

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 8, 2025 · ~1 min read

Key Changes

• high

  PB Bankshares acquisition closed Jan 5, 2026 for $56M (80% stock, 20% cash), adding $456M in assets, $357M in deposits, and $347M in loans; $7.1M goodwill and $3.4M core deposit intangible recorded.

  Notes: Acquisition completion verify on EDGAR →
• high

  Net interest income rose 41% to $26.8M in Q2 2026 (39% to $51.4M for six months), driven by acquired loan portfolio and higher rates on earning assets.

  Notes: Net interest income verify on EDGAR →
• high

  Merger-related expenses totaled $5.0M for the six months ended June 30, 2026, with $53K incurred in Q2 2026; no such expenses in prior year.

  Notes: Merger expenses verify on EDGAR →