BNCCORP, INC. REPORTS FIRST QUARTER NET INCOME OF $2.2 MILLION, OR $0.61 PER DILUTED SHARE
Rhea-AI Summary
BNCCORP (OTCQX:BNCC) reported first quarter 2026 net income of $2.2 million, or $0.61 per diluted share, up 22.7% from 2025. Net interest income rose 17.4% to $9.2 million and net interest margin improved to 3.59%.
Loans held for investment were $734.6 million, deposits $932.5 million, and tangible common equity ratio increased to 10.22%. The quarter included higher professional services costs tied to a definitive agreement to be acquired by OppFi. Asset quality metrics showed lower nonperforming assets and a 1.18% allowance for credit losses.
Positive
- Net income up 22.7% to $2.2 million year-over-year
- Pre-provision, pre-tax income up 32.8% to $3.2 million
- Net interest income increased 17.4% to $9.2 million
- Net interest margin expanded to 3.59% from 3.49%
- Efficiency ratio improved to 69.94% from 73.95%
- Tangible common equity ratio rose to 10.22% from 9.68%
Negative
- Total deposits declined $39.3 million to $932.5 million sequentially
- Loans held for investment decreased $4.1 million since year-end 2025
- Non-interest expense rose 8.8%, including $558k higher professional services
- Allowance for credit losses ratio fell to 1.18% from 1.40%
- Past due loans 31-89 days increased to $1.7 million from $664k
News Market Reaction – BNCC
In the May 15 session, BNCC declined 1.60%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Highlights
- Net income during the first quarter of 2026 increased
$400 thousand 22.7% , to$2.2 million $0.61 $1.8 million $0.50 - Pre-provision, pre-tax operating income of
$3.2 million 32.8% from$2.4 million - Net interest income increased
$1.4 million 17.4% , to$9.2 million $7.9 million - Net interest margin was
3.59% in the first quarter of 2026 compared to3.49% in the first quarter of 2025. - The efficiency ratio improved to
69.94% in the first quarter of 2026 versus73.95% in the first quarter of 2025. - Yield on loans held for investment improved to
6.15% for the first quarter of 2026 compared to5.78% in the first quarter of 2025. - Loans held for investment decreased
$4.1 million 0.6% , to$734.6 million $738.7 million $35.4 million 5.1% , from$699.3 million - The ratio of loans held for investment-to-deposits increased to
78.8% at March 31, 2026 from76.0% at December 31, 2025. - Allowance for credit losses as of March 31, 2026, decreased to
1.18% of loans held for investment compared to1.40% as of December 31, 2025.
Management Commentary
"Our first-quarter results reflect the continued strength of our core banking franchise and the disciplined execution of our relationship-driven strategy," said Daniel J. Collins, BNC's President and Chief Executive Officer. "Compared to the first quarter of 2025, net interest income grew
"On a sequential basis, both loans and deposits declined modestly during the quarter. The deposit decrease reflects a familiar seasonal pattern, as our customers deploy funds during the first quarter, and the loan decline reflects an elevated level of payoffs and prepayments combined with a more typical pace of new originations in our
"As we noted in our April 29 announcement, our proposed combination with OppFi represents a meaningful opportunity to extend our reach and capabilities while preserving the relationship-driven banking model that has defined the Company since 1987. As that transaction moves forward, our team remains focused on what we do best: serving our customers, supporting our communities and operating the bank with the same discipline that produced this quarter's results. We are confident in the overall quality of our loan portfolio, the strength of our balance sheet and our ability to navigate ongoing economic and geopolitical uncertainties."
2026 Versus 2025 First Quarter Comparison
The Company reported net income of
First quarter interest income increased
Interest expense in the first quarter of 2026 was
Net interest income for the first quarter of 2026 was
Non-interest income during the first quarter of 2026 was
Non-interest expense during the first quarter of 2026 increased
In the first quarter of 2026, income tax expense was
Tangible book value per common share on March 31, 2026 was
Assets and Liabilities
Total assets were
Total deposits decreased
The following table provides additional detail on the Company's total deposit relationships:
As of | |||||||||
(In thousands) | March 31, 2026 | December 31, 2025 | March 31, 2025 | ||||||
Deposits: | |||||||||
Non-interest-bearing | $ | 174,630 | $ | 177,618 | $ | 169,503 | |||
Interest-bearing – | |||||||||
Savings, interest checking and money market | 645,217 | 681,350 | 582,239 | ||||||
Time deposits | 112,615 | 112,833 | 97,105 | ||||||
Total on balance sheet deposits | 932,462 | 971,801 | 848,847 | ||||||
Off-balance sheet deposits (1) | - | - | 18,133 | ||||||
Total available deposits | $ | 932,462 | $ | 971,801 | $ | 866,980 | |||
(1) | The off-balance sheet deposits above do not include off-balance sheet time deposits that can be brought back on the balance sheet at various future maturity dates. As of March 31, 2026, the Company managed off-balance sheet time deposit balances of | |||||||||
The Company remains highly focused on meeting the needs of its customers and ensuring deposit rates reflect changing market conditions. The Company estimates that deposit insurance and other deposit protection programs secure approximately
Trust assets under administration increased
Asset Quality
The allowance for credit losses was
Past due loans of 31-89 days increased to
The Company continues to monitor the evolving macroeconomic and geopolitical environment for possible impacts to its loan portfolio. As of March 31, 2026, classified loans increased to
BNC's loans held for investment are geographically concentrated in
The
The
The following table approximately describes the Company's concentrations by industry:
Loans Held for Investment by Industry Sector | |||||||||||
(in thousands) | March 31, 2026 | December 31, 2025 | |||||||||
Non-owner Occupied Commercial Real estate – not | $ | 203,972 | 28 | % | $ | 200,887 | 27 | % | |||
Consumer, not otherwise categorized | 94,152 | 13 | 94,999 | 13 | |||||||
Hotels | 93,262 | 13 | 97,337 | 13 | |||||||
Healthcare and social assistance | 38,084 | 5 | 37,270 | 5 | |||||||
Agriculture, forestry, fishing and hunting | 34,977 | 5 | 37,328 | 5 | |||||||
Retail trade | 30,223 | 4 | 30,110 | 4 | |||||||
Non-hotel accommodation and food service | 28,205 | 4 | 28,469 | 4 | |||||||
Art, entertainment and recreation | 27,202 | 4 | 27,821 | 4 | |||||||
Transportation and warehousing | 24,353 | 3 | 27,329 | 4 | |||||||
Construction contractors | 24,095 | 3 | 24,178 | 3 | |||||||
Manufacturing | 20,931 | 3 | 20,127 | 3 | |||||||
Mining, oil and gas extraction | 20,666 | 3 | 21,495 | 3 | |||||||
Real estate and rental and leasing support services | 17,515 | 2 | 15,245 | 2 | |||||||
Other service | 15,343 | 2 | 15,372 | 2 | |||||||
Utilities | 14,540 | 2 | 14,510 | 2 | |||||||
Educational services | 12,385 | 2 | 10,932 | 1 | |||||||
Professional, scientific, and technical services | 10,906 | 1 | 11,406 | 2 | |||||||
Finance and insurance | 8,561 | 1 | 8,573 | 1 | |||||||
Public administration | 6,346 | 1 | 6,440 | 1 | |||||||
All other | 8,346 | 1 | 8,268 | 1 | |||||||
Total gross loans held for investment | $ | 734,064 | 100 | % | $ | 738,096 | 100 | % | |||
Capital
Banks and bank holding companies operate under separate regulatory capital requirements. As of March 31, 2026, the Company's capital ratios exceeded all regulatory capital thresholds, including the capital conservation buffer.
A summary of the Company's and the Bank's capital ratios is presented below:
March 31, 2026 | December 31, 2025 | |||
BNCCORP, INC. (Consolidated) | ||||
Tier 1 leverage | 11.87 % | 12.40 % | ||
Common equity tier 1 risk based capital | 13.19 % | 13.01 % | ||
Tier 1 risk based capital | 14.97 % | 14.81 % | ||
Total risk based capital | 15.99 % | 16.02 % | ||
Tangible common equity | 10.22 % | 9.68 % | ||
BNC National Bank | ||||
Tier 1 leverage | 11.28 % | 11.71 % | ||
Common equity tier 1 risk based capital | 14.22 % | 13.98 % | ||
Tier 1 risk based capital | 14.22 % | 13.98 % | ||
Total risk based capital | 15.24 % | 15.19 % | ||
Tangible common equity | 11.10 % | 10.47 % |
The Common Equity Tier 1 ratio, which is generally a comparison of a bank's core equity capital to its total risk weighted assets, is a measure of the current risk profile of the Bank's asset base from a regulatory perspective. The Tier 1 leverage ratio, which is based on average assets, does not consider the mix of risk-weighted assets.
The Company regularly evaluates the sufficiency of its capital to ensure compliance with regulatory capital standards and to serve as a source of strength for the Bank. The Company manages capital by assessing the composition of capital and the amounts available for growth, risk, or other purposes.
The Company made an election at the adoption of
Share Repurchases
In December 2020, the Company's Board of Directors approved a share repurchase program authorizing the repurchase of up to 175,000 shares of BNCCORP, INC. outstanding common stock. During the first quarter of 2024, the Company repurchased 50,000 shares of common stock for a total cost of
OppFi Transaction Announced
On April 29, 2026, the Company issued a press release announcing that it had entered into a definitive agreement to be acquired by OppFi Inc., a tech-enabled digital finance platform, in a stock and cash transaction valued at approximately
About BNCCORP, INC.
BNCCORP, INC., headquartered in
This news release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of BNC. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of our management and on information currently available to management are generally identifiable by the use of words such as "expect", "believe", "anticipate", "at the present time", "plan", "optimistic", "intend", "estimate", "may", "will", "would", "could", "should", "future" and other expressions relating to future periods. Examples of forward-looking statements include, among others, statements we make regarding our expectations regarding future market conditions and our ability to capture opportunities and pursue growth strategies, our expected operating results such as revenue growth and earnings and our expectations of the effects of the regulatory environment or future pandemics on our earnings for the foreseeable future. Forward-looking statements are neither historical facts nor assurances of future performance. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, but are not limited to: the impact of current and future regulation; the risks of loans and investments, including dependence on local and regional economic conditions; competition for our customers from other providers of financial services; possible adverse effects of changes in interest rates; risks associated with our acquisition and growth strategies; and other risks, including the potential impact of the imposition of tariffs or retaliatory tariffs, which are difficult to predict and many of which are beyond our control. In addition, all statements in this news release, including forward-looking statements, speak only of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.
This press release contains references to financial measures, which are not defined in GAAP. Such non-GAAP financial measures include tangible common equity to total period end assets ratio. These non-GAAP financial measures have been included as the Company believes they are helpful for investors to analyze and evaluate the Company's financial condition.
(Financial tables attached)
BNCCORP, INC. | |||||||||
CONSOLIDATED FINANCIAL DATA | |||||||||
(Unaudited) | |||||||||
For the Quarter Ended, | |||||||||
(In thousands, except per share data) | March 31, | December 31, | March 31, | ||||||
INCOME STATEMENT | |||||||||
Interest income | $ | 13,906 | $ | 13,575 | $ | 12,000 | |||
Interest expense | 4,688 | 4,589 | 4,149 | ||||||
Net interest income | 9,218 | 8,986 | 7,851 | ||||||
Provision for credit losses | 385 | 1,105 | 100 | ||||||
Net interest income after provision for credit losses | 8,833 | 7,881 | 7,751 | ||||||
Non-interest income | |||||||||
Bank charges and service fees | 682 | 690 | 668 | ||||||
Wealth management revenues | 575 | 557 | 521 | ||||||
Gains on sales of loans, net | 6 | - | (1) | ||||||
Other | 147 | 247 | 196 | ||||||
Total non-interest income | 1,410 | 1,494 | 1,384 | ||||||
Non-interest expense | |||||||||
Salaries and employee benefits | 3,989 | 3,802 | 4,088 | ||||||
Professional services | 820 | 268 | 262 | ||||||
Data processing fees | 924 | 887 | 823 | ||||||
Marketing and promotion | 140 | 220 | 183 | ||||||
Occupancy | 452 | 405 | 399 | ||||||
Regulatory costs | 131 | 126 | 132 | ||||||
Depreciation and amortization | 269 | 273 | 273 | ||||||
Office supplies and postage | 101 | 87 | 93 | ||||||
Other | 607 | 472 | 576 | ||||||
Total non-interest expense | 7,433 | 6,540 | 6,829 | ||||||
Income before taxes | 2,810 | 2,835 | 2,306 | ||||||
Income tax expense | 646 | 645 | 542 | ||||||
Net income | $ | 2,164 | $ | 2,190 | $ | 1,764 | |||
WEIGHTED AVERAGE SHARES | |||||||||
Common shares outstanding (a) | 3,541,774 | 3,541,774 | 3,540,080 | ||||||
Dilutive effect of share-based compensation | - | - | 969 | ||||||
Adjusted weighted average shares (b) | 3,541,774 | 3,541,774 | 3,541,049 | ||||||
EARNINGS PER SHARE DATA | |||||||||
Basic earnings per common share | $ | 0.61 | $ | 0.62 | $ | 0.50 | |||
Diluted earnings per common share | $ | 0.61 | $ | 0.62 | $ | 0.50 | |||
(a) | Denominator for basic earnings per common share |
(b) | Denominator for diluted earnings per common share |
BNCCORP, INC. | |||||||||
CONSOLIDATED FINANCIAL DATA | |||||||||
(Unaudited) | |||||||||
As of | |||||||||
(In thousands, except share, per-share and full-time | March 31, 2026 | December 31, 2025 | March 31, 2025 | ||||||
BALANCE SHEET DATA | |||||||||
Cash and cash equivalents | $ | 179,736 | $ | 211,451 | $ | 102,854 | |||
Debt securities available for sale | 111,054 | 114,670 | 127,824 | ||||||
FRB and FHLB stock | 2,466 | 2,386 | 2,386 | ||||||
Loans held for investment | 734,622 | 738,700 | 699,266 | ||||||
Allowance for credit losses | (8,635) | (10,318) | (9,311) | ||||||
Net loans held for investment | 725,987 | 728,382 | 689,955 | ||||||
Premises and equipment, net | 9,870 | 10,120 | 10,624 | ||||||
Operating lease right of use asset | 606 | 514 | 527 | ||||||
Accrued interest receivable | 4,059 | 4,395 | 3,979 | ||||||
Other | 29,078 | 28,288 | 28,426 | ||||||
Total assets | $ | 1,062,856 | $ | 1,100,206 | $ | 966,575 | |||
Deposits: | |||||||||
Non-interest-bearing | $ | 174,630 | $ | 177,618 | $ | 169,503 | |||
Interest-bearing – | |||||||||
Savings, interest checking and money market | 645,217 | 681,350 | 582,239 | ||||||
Time deposits | 112,615 | 112,833 | 97,105 | ||||||
Total deposits | 932,462 | 971,801 | 848,847 | ||||||
Guaranteed preferred beneficial interest in Company's | 15,464 | 15,464 | 15,464 | ||||||
Accrued interest payable | 1,626 | 1,638 | 1,336 | ||||||
Accrued expenses | 1,976 | 2,877 | 1,481 | ||||||
Operating lease liabilities | 653 | 571 | 600 | ||||||
Other | 2,083 | 1,348 | 1,531 | ||||||
Total liabilities | 954,264 | 993,699 | 869,259 | ||||||
Common stock | 37 | 37 | 37 | ||||||
Capital surplus – common stock | 27,246 | 27,230 | 27,103 | ||||||
Retained earnings | 89,602 | 87,438 | 80,431 | ||||||
Treasury stock | (2,753) | (2,753) | (2,667) | ||||||
Accumulated other comprehensive income, net | (5,540) | (5,445) | (7,588) | ||||||
Total stockholders' equity | 108,592 | 106,507 | 97,316 | ||||||
Total liabilities and stockholders' equity | $ | 1,062,856 | $ | 1,100,206 | $ | 966,575 | |||
OTHER SELECTED DATA | |||||||||
Trust assets under administration | $ | 485,035 | $ | 480,944 | $ | 422,887 | |||
Core deposits (1) | $ | 932,462 | $ | 971,801 | $ | 848,847 | |||
Tangible book value per common share (2) | $ | 30.85 | $ | 30.26 | $ | 27.62 | |||
Tangible book value per common share excluding | $ | 32.42 | $ | 31.80 | $ | 29.77 | |||
Full time equivalent employees | 125 | 132 | 138 | ||||||
Common shares outstanding | 3,520,125 | 3,520,125 | 3,523,875 | ||||||
(1) | Core deposits consist of all deposits with customers. |
(2) | Tangible book value per common share is equal to book value per common share. |
BNCCORP, INC. | |||||||||||||||||||||||||
CONSOLIDATED FINANCIAL DATA | |||||||||||||||||||||||||
(Unaudited) | |||||||||||||||||||||||||
AVERAGE BALANCE, | For the Quarter Ended March 31, 2026 | For the Quarter Ended March 31, 2025 | Quarter-Over-Quarter Comparison | ||||||||||||||||||||||
(dollars in thousands) | Average | Interest | Average | Average | Interest | Average | Change Due to | ||||||||||||||||||
Rate | Volume | Total | |||||||||||||||||||||||
Assets | |||||||||||||||||||||||||
Interest-bearing due from | $ | 198,576 | $ | 1,814 | 3.71 % | $ | 94,497 | $ | 1,039 | 4.46 % | $ | (202) | $ | 977 | $ | 775 | |||||||||
FRB and FHLB stock | 2,391 | 36 | 6.11 % | 2,387 | 35 | 6.00 % | 1 | - | 1 | ||||||||||||||||
Debt securities available | 113,051 | 870 | 3.12 % | 128,144 | 1,014 | 3.21 % | (27) | (117) | (144) | ||||||||||||||||
Loans held for investment | 737,328 | 11,186 | 6.15 % | 695,519 | 9,912 | 5.78 % | 670 | 604 | 1,274 | ||||||||||||||||
Allowance for credit | (8,814) | - | 0.00 % | (9,218) | - | 0.00 % | - | - | - | ||||||||||||||||
Total | $ | 1,042,532 | $ | 13,906 | 5.41 % | $ | 911,329 | $ | 12,000 | 5.34 % | $ | 442 | $ | 1,464 | $ | 1,906 | |||||||||
Liabilities | |||||||||||||||||||||||||
Interest checking and | $ | 637,093 | $ | 3,557 | 2.26 % | $ | 544,016 | $ | 3,119 | 2.33 % | $ | (243) | $ | 681 | $ | 438 | |||||||||
Savings | 42,193 | 11 | 0.11 % | 43,967 | 11 | 0.11 % | - | - | - | ||||||||||||||||
Time deposits | 112,661 | 923 | 3.32 % | 92,870 | 797 | 3.48 % | (39) | 165 | 126 | ||||||||||||||||
Short-term borrowings | 2 | - | 4.21 % | - | - | 0.00 % | - | - | - | ||||||||||||||||
Subordinated debentures | 15,464 | 197 | 5.18 % | 15,464 | 222 | 5.81 % | (25) | - | (25) | ||||||||||||||||
Total | $ | 807,413 | $ | 4,688 | 2.35 % | $ | 696,317 | $ | 4,149 | 2.42 % | $ | (307) | $ | 846 | $ | 539 | |||||||||
Net Interest Income | $ | 9,218 | $ | 7,851 | |||||||||||||||||||||
Net Interest Spread | 3.05 % | 2.92 % | |||||||||||||||||||||||
Net Interest Margin | 3.59 % | 3.49 % | |||||||||||||||||||||||
For the Quarter Ended | |||||||||
(In thousands) | March 31, 2026 | December 31, 2025 | March 31, 2025 | ||||||
OTHER AVERAGE BALANCES | |||||||||
Total assets | $ | 1,096,911 | $ | 1,032,882 | $ | 965,440 | |||
Core deposits | 966,623 | 905,171 | 846,986 | ||||||
Total equity | 108,264 | 105,817 | 95,335 | ||||||
KEY RATIOS | |||||||||
Return on average common stockholders' equity (a) | 7.72 % | 7.79 % | 6.85 % | ||||||
Return on average assets (b) | 0.80 % | 0.84 % | 0.74 % | ||||||
Efficiency ratio (Consolidated) | 69.94 % | 62.40 % | 73.95 % | ||||||
Efficiency ratio (Bank) | 62.96 % | 60.83 % | 70.92 % | ||||||
(a) | Return on average common stockholders' equity is calculated by using net income as the numerator and average common equity (less accumulated other comprehensive income (loss)) as the denominator. |
(b) | Return on average assets is calculated by using net income as the numerator and average total assets as the denominator. |
BNCCORP, INC. | |||||||||
CONSOLIDATED FINANCIAL DATA | |||||||||
(Unaudited) | |||||||||
As of | |||||||||
(In thousands) | March 31, 2026 | December 31, 2025 | March 31, 2025 | ||||||
ASSET QUALITY | |||||||||
Loans 90 days or more delinquent and accruing interest | $ | - | $ | - | $ | 871 | |||
Non-accrual loans | 6,785 | 9,169 | 6,383 | ||||||
Total nonperforming loans | $ | 6,785 | $ | 9,169 | $ | 7,254 | |||
Repossessed assets, net | - | - | - | ||||||
Total nonperforming assets | $ | 6,785 | $ | 9,169 | $ | 7,254 | |||
Allowance for credit losses | $ | 8,635 | $ | 10,318 | $ | 9,311 | |||
Ratio of total nonperforming loans to total loans | 0.92 % | 1.24 % | 1.04 % | ||||||
Ratio of total nonperforming assets to total assets | 0.64 % | 0.83 % | 0.75 % | ||||||
Ratio of nonperforming loans to total assets | 0.64 % | 0.83 % | 0.75 % | ||||||
Ratio of allowance for credit losses to total loans | 1.18 % | 1.40 % | 1.33 % | ||||||
Ratio of allowance for credit losses to nonperforming | 127 % | 113 % | 128 % | ||||||
For the Quarter Ended | |||||||||
(In thousands) | March 31, 2026 | December 31, 2025 | March 31, 2025 | ||||||
CHANGES IN NONPERFORMING LOANS | |||||||||
Balance, beginning of period | $ | 9,169 | $ | 8,061 | $ | 6,275 | |||
Additions to nonperforming | 556 | 1,640 | 1,035 | ||||||
Charge-offs | (2,010) | (126) | - | ||||||
Reclassified back to performing | - | - | (8) | ||||||
Principal payments received | (930) | (367) | (24) | ||||||
Transferred to repossessed assets | - | (39) | (24) | ||||||
Balance, end of period | $ | 6,785 | $ | 9,169 | $ | 7,254 | |||
BNCCORP, INC. | |||||||||
CONSOLIDATED FINANCIAL DATA | |||||||||
(Unaudited) | |||||||||
For the Quarter Ended | |||||||||
(In thousands) | March 31, 2026 | December 31, 2025 | March 31, 2025 | ||||||
CHANGES IN ALLOWANCE FOR CREDIT | |||||||||
Balance, beginning of period | $ | 10,433 | $ | 9,433 | $ | 9,388 | |||
Provision | 385 | 1,105 | 100 | ||||||
Loans charged off | (2,065) | (142) | (47) | ||||||
Loan recoveries | 10 | 37 | 5 | ||||||
Balance, end of period | $ | 8,763 | $ | 10,433 | $ | 9,446 | |||
Components: | |||||||||
Allowance for loan losses | $ | 8,635 | $ | 10,318 | $ | 9,311 | |||
Allowance for unfunded commitments | $ | 128 | $ | 115 | $ | 135 | |||
Ratio of net charge-offs to average total loans | (0.279) % | (0.014) % | (0.006) % | ||||||
Ratio of net charge-offs to average total loans, annualized | (1.115) % | (0.057) % | (0.024) % | ||||||
As of | |||||||||
(In thousands) | March 31, 2026 | December 31, 2025 | March 31, 2025 | ||||||
CREDIT CONCENTRATIONS | |||||||||
Commercial and industrial | $ | 78,881 | $ | 79,455 | $ | 66,274 | |||
Construction | 2,854 | 2,826 | 1,177 | ||||||
Agricultural | 36,713 | 39,238 | 33,320 | ||||||
Land and land development | 8,149 | 8,115 | 7,986 | ||||||
Owner-occupied commercial real estate | 36,126 | 37,284 | 39,033 | ||||||
Commercial real estate | 115,116 | 114,009 | 118,240 | ||||||
Small business administration | 18,754 | 17,581 | 19,425 | ||||||
Consumer | 90,876 | 92,728 | 91,573 | ||||||
Subtotal gross loans held for investment | $ | 387,469 | $ | 391,236 | $ | 377,028 | |||
Consolidated | |||||||||
Commercial and industrial | $ | 125,683 | $ | 124,595 | $ | 105,369 | |||
Construction | 11,826 | 8,955 | 11,615 | ||||||
Agricultural | 39,399 | 41,931 | 36,115 | ||||||
Land and land development | 9,626 | 9,601 | 9,374 | ||||||
Owner-occupied commercial real estate | 82,321 | 84,810 | 85,673 | ||||||
Commercial real estate | 256,000 | 260,059 | 243,820 | ||||||
Small business administration | 92,976 | 90,621 | 87,432 | ||||||
Consumer | 116,233 | 117,524 | 118,934 | ||||||
Total gross loans held for investment | $ | 734,064 | $ | 738,096 | $ | 698,332 | |||
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SOURCE BNCCORP, INC.