PBHC Q2 2026 net income rebounds to $2.7M on absence of prior-year loan charge

Filed August 13, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 14, 2025 · ~2 min read

Key Changes

• high

  Net income recovered to $2.7M ($0.42/share) in Q2 2026 from $31K in Q2 2025, driven by the absence of a $3.1M pre-tax LOCOM charge on a nonperforming loan sale that reduced prior-year earnings by $2.5M after-tax.

  MD&A: Net Income Recovery verify on EDGAR →
• high

  Nonperforming assets rose $8.1M to $35.8M at June 30, 2026 from $27.7M at year-end 2025, driven by two commercial relationships identified in the 2025 portfolio review. Specific reserves were established prior to 2026.

  MD&A: Nonperforming Assets verify on EDGAR →
• high

  Net interest margin compressed 3 basis points to 3.08% in Q2 2026 from 3.11% in Q2 2025, as earning-asset yield declines outpaced deposit-cost reductions.

  MD&A: Net Interest Margin verify on EDGAR →