Quarterly ResultAug 11, 2026, 04:39 PM
Texas Community Bancshares Q2 Net Income Up 43% to $970K
AI Summary
Texas Community Bancshares reported a strong financial performance for the second quarter and first half of 2026. Net income for Q2 2026 increased significantly by 43% year-over-year, driven by higher net interest income and noninterest income. The company also saw growth in its balance sheet, with increases in total assets, loans receivable, and total deposits. Diluted earnings per share also showed a substantial improvement.
Key Highlights
- Net income for Q2 2026 increased 43% to $970,000 from $678,000 in Q2 2025.
- Basic earnings per share for Q2 2026 rose to $0.37, up from $0.24 in Q2 2025.
- Net interest income for Q2 2026 grew 15.9% to $3.68 million compared to $3.17 million in Q2 2025.
- Total assets increased to $444.35 million at June 30, 2026, from $429.84 million at December 31, 2025.
- Total deposits reached $339.63 million at June 30, 2026, up from $327.90 million at December 31, 2025.
- Loans receivable, net, increased to $313.08 million at June 30, 2026, from $301.99 million at December 31, 2025.
- Cash dividends declared were $0.06 per share for Q2 2026, an increase from $0.04 per share in Q2 2025.
- The company purchased $257,000 in treasury stock during Q2 2026.
Price Impact
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