SB Financial Q2 net income rises 16.7% to $4.5M on loan growth; NIM compresses 5bp

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  Net income rose 16.7% to $4.5M (diluted EPS $0.72, up 20.0%) in Q2 2026, driven by higher loan interest income partially offset by increased deposit and borrowing costs.

  MD&A: Q2 net income and EPS verify on EDGAR →
• high

  Net interest margin compressed 5 basis points to 3.43% as funding costs edged up 1bp to 2.34%, reflecting a less favorable rate environment than the prior year's 36bp NIM expansion.

  MD&A: Net interest margin verify on EDGAR →
• high

  Nonaccruing loans fell to $3.5M (from $5.9M) and total NPAs dropped to $4.4M (0.27% of assets), with allowance-to-NPL coverage improving to 470% from 266%.

  MD&A: Asset quality verify on EDGAR →