FFB Bancorp reported a net income of $6.04 million for the second quarter of 2025. Operating revenue increased 11% to $27.35 million. Total assets increased 2% to $1.47 billion. The Company’s tangible common equity ratio was 11.80%. FFB Bank was recognized as a top-performing public bank by American Banker and S&P Global.

The Company repurchased 133,021 shares of common stock totaling $10.22 million. Net interest margin decreased to 5.09%. Total non-interest income was $9.24 million. Total non-interest expense increased by 19%. Salaries and employee benefits increased 19%. The efficiency ratio was 57.15%.

For the six months ended June 30, 2025, operating revenue increased 15% to $55.83 million. Net interest income before the provision for credit losses increased 11% to $37.01 million. Total non-interest income increased 26% to $18.82 million. Operating expenses increased by 24% to $32.24 million.

Total assets increased 2% to $1.47 billion at June 30, 2025. Total portfolio of loans increased 13% to $1.09 billion. Total deposits increased 6% to $1.23 billion. Shareholders’ equity increased 17% to $173.91 million. Book value per common share increased 22% to $56.87.

Nonperforming assets increased to $27.23 million, or 1.85% of total assets, at June 30, 2025. The provision for credit losses was $3.16 million. The allowance for credit losses to total loans was 1.40%. Net charge-offs were $605,000 during the second quarter of 2025. The efficiency ratio was 57.49%.

FFB Bancorp, the parent company of FFB Bank, reported a strong financial performance in the second quarter of 2025. The bank’s net income, operating revenue, and total assets showed positive growth. The Company’s efforts to address compliance and risk management, as well as its stock repurchase program, have positioned it for continued success in the future.

Read more at GlobeNewswire: FFB Bancorp Announces Second Quarter 2025 Results