Oak Ridge Finl Svcs Inc Stock Price, News & Analysis

Oak Ridge Financial Services (OTCPink: BKOR) reported third quarter 2025 results and a quarterly cash dividend of $0.14 per share payable December 1, 2025 to holders of record on November 14, 2025.

Key metrics: EPS (diluted) $0.69 (up from $0.54 YoY), net interest margin 4.18% (up 37 bps YoY), tangible book value $24.98, efficiency ratio 59.0% (improved from 67.9 YoY), loans $528.3M, deposits $543.2M, and total stockholders’ equity $68.5M (up 11.8% YoY). Nonperforming assets rose to 0.84% of total assets, driven by several SBA 7(a) loans now in nonaccrual status; provision for credit losses was $877,000 for the quarter. Management highlighted revenue growth, improved NII and noninterest income, and continued capital and liquidity strength.

Bank of Oak Ridge (OTCPink: BKOR) has appointed Darryl Jones to its Board of Directors. Jones brings over 35 years of executive experience in information technology, enterprise systems, data governance, risk management, and digital transformation.

Currently serving as Director of Systems and Operations at Winston-Salem State University, Jones previously held the position of Chief Information Officer for the City of Greensboro and served on the Board of Directors of the City of Greensboro Credit Union. CEO Tom Wayne highlighted Jones's leadership and technology expertise as valuable additions to strengthen the bank's service capabilities.

Bank of Oak Ridge (OTCPink: BKOR) announced the retirement of Steve Neal from its Board of Directors after more than 20 years of dedicated service. Neal, who served while also holding the position of Vice President of Summerfield Feed Mill, Inc., brought valuable experience as a business leader and U.S. Navy veteran.

CEO and Board Chair Tom Wayne praised Neal's role as a trusted leader and community advocate, while Board Vice Chair Doug Boike highlighted Neal's leadership qualities of wisdom, integrity, and genuine care for others. Neal's tenure has been marked by his significant contributions to strengthening the bank's community-focused mission in the Triad area.

Bank of Oak Ridge (OTCPink: BKOR) announced key leadership transitions effective July 22nd, 2025. Tom Wayne, the current CEO, has been promoted to Chair of the Board of Directors, while maintaining his CEO position. Doug Boike, who served as Chair since the bank's founding in 2000, will transition to the role of Vice-Chair & Lead Director.

The leadership changes reflect the organization's growth strategy and commitment to strong governance. Boike brings significant experience and community involvement, including leadership roles with the Greensboro Symphony Orchestra and North Carolina Brass Band. The bank's board and executive team remain focused on meeting the evolving needs of clients in the Triad area.

Oak Ridge Financial Services (OTCPink: BKOR) reported strong Q2 2025 financial results, with diluted EPS of $0.81, up from $0.57 in Q1 2025 and $0.46 in Q2 2024. The company demonstrated robust performance with a 14.13% return on average equity and improved net interest margin of 4.16%. Total loans increased to $537.5 million, up 8.8% year-over-year, while deposits grew to $547.5 million, a 7.7% increase from Q2 2024.

The bank's efficiency ratio improved significantly to 59.1%, though nonperforming assets increased to 0.73% due to eight SBA loans. The Board declared a quarterly cash dividend of $0.14 per share, payable on September 3, 2025. Net interest income rose to $6.8 million, with noninterest income reaching $1.2 million, boosted by a $329,000 gain from SBA loan sales.

Oak Ridge Financial Services (BKOR) reported strong Q1 2025 results and announced a 17% increase in quarterly dividend to $0.14 per share. Key highlights include: EPS of $0.57 (up from $0.56 QoQ and $0.50 YoY), net income of $1.6 million (up from $1.5M QoQ and $1.4M YoY), and ROE of 10.04%. The bank's loan portfolio grew to $528.5 million, up 11.7% annualized from Q4 2024. Net interest margin improved to 3.97%, while deposits increased to $542.5 million. Notable concerns include increased nonperforming assets at 0.67% of total assets, primarily due to eight SBA loans, though $3.1M of the $4.0M increase is SBA-guaranteed.

Oak Ridge Financial Services (OTCPink: BKOR) announced its Q4 and full-year 2024 results, along with a quarterly dividend of $0.12 per share. The company reported earnings per share of $2.06 for 2024, slightly down from $2.10 in 2023, with a return on equity of 9.27%. Key highlights include:

- Loan growth of 10.2% to $508.4 million
- Deposit growth of 7.7% to $531.3 million
- Net interest margin of 3.83%
- Tangible book value increased to $23.02 per share
- Nonperforming assets rose to 0.53% of total assets

The company implemented a share repurchase program, buying back 25,100 shares for $321,000 in Q4 2024. The quarterly dividend of $0.12 per share will be paid on March 3, 2025, marking the 25th consecutive quarterly dividend.

Oak Ridge Financial Services reported third quarter 2024 results with earnings per share of $0.54, up from $0.46 in Q2 but down from $0.55 in Q3 2023. The company announced a quarterly dividend of $0.12 per share, up 20% year-over-year. Key metrics include net interest margin of 3.81%, loans receivable of $505.5 million (up 11.1% annualized), and total deposits of $510.5 million (up 4.7% annualized). Nonperforming assets increased to $2.9 million, primarily due to four SBA loans, with $1.8 million guaranteed by the SBA. The Bank's Community Bank Leverage Ratio stood at 11.1%.

Oak Ridge Financial Services, Inc. (OTCPink: BKOR) announced its Q2 2024 results and a quarterly cash dividend of $0.12 per share. Key highlights include:

- Earnings per share of $0.46, down from $0.54 in Q2 2023
- Return on equity of 8.57%, down from 10.83% in Q2 2023
- Net interest margin of 3.81%, slightly down from 3.86% in Q2 2023
- Loans receivable up 11.4% year-over-year to $494.0 million
- Total deposits up 6.5% year-over-year to $508.2 million
- Nonperforming assets to total assets at 0.16%

The Bank's Community Bank Leverage Ratio was 11.1%, well above the 9.0% requirement. Despite slight declines in earnings and margins, the company achieved double-digit annualized loan growth and maintained strong asset quality.