Coeur d'Alene Bancorp Announces Its Fourth Quarter 2025 Results

Rhea-AI Summary

Coeur d'Alene Bancorp (OTC PINK: CDAB) reported fourth-quarter 2025 and full-year results on January 15, 2026. Net income was $559,083 (Q4 2025) and $1,583,847 for the twelve months ended December 31, 2025, with diluted earnings per share of $0.83 for the year. Net interest margin reached 4.01% for the year, and total assets ended at $242.7M. Total deposits rose to $208.7M (+6.8%), gross loans were $135.0M, and the allowance for loan losses ended at 1.51% of gross loans. The company noted a 17.1% increase in non-interest expense due to two new branches and a purchase-sale agreement to relocate a Richland, WA branch in 2026.

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• None.

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• Non-interest expense increased by 17.1% year over year

COEUR D'ALENE, ID / ACCESS Newswire / January 15, 2026 / Coeur d'Alene Bancorp (OTC PINK:CDAB), the parent company of bankcda, is pleased to announce its results for the fourth quarter 2025.

Coeur d'Alene Bancorp, today reported net income of $559,083 or $0.29 per share for the fourth quarter 2025, compared to $452,990 or $0.24 per share for the fourth quarter 2024. Net income of $1,583,847 or $0.83 per share for the twelve months ended December 31, 2025, was also reported, compared to $1,475,207 or $0.78 per share for the twelve months ended 2024. All results are unaudited.

"Overall, we are pleased with 2025 performance, net income increased each quarter and grew 7.4% year over year. We were able to increase our net interest margin as investments matured, allowing for reinvestment into higher yielding instruments, coupled with decreasing interest costs, our net interest margin reached 4% for the first time since 2019. As anticipated non-interest expense increased 17.1% over prior year, as a result of two new branches opening during the year," said Wes Veach, President and Chief Executive Officer.

Veach continued, "Total assets grew slightly ending the year at $242.7 million, an increase of $1.3 million or 0.5% compared to December 31, 2024. Both loans and deposits increased during the year with gross loans increasing slightly by 0.8%, while deposits grew 6.8%, driven by growth in Kootenai and Shoshone counties. Strong deposit growth throughout the year resulted in repayment of our borrowings which contributed to the decrease in interest expense. Although loan totals showed minimal growth, we added $379,500 to our already strong allowance for loan losses which ended the year at 1.51% of gross loans.

"We have entered into a purchase sale agreement in Richland, WA with the intent of moving our existing branch to a permanent, full-service branch during 2026, in an effort to gain traction in the market," concluded Veach.

Financial Highlights:

• Diluted earnings per share were $0.82 for twelve months ended 2025, versus $0.77 per share for twelve months ended 2024.

• Net book value per share ended the quarter at $13.85 compared to $12.36 one year ago.

• Annualized return on average assets (ROAA) was 0.67% and annualized return on average equity (ROAE) was 6.45% for twelve months ended 2025, compared to 0.62% and 6.77% for twelve months ended 2024, respectively.

• Total assets ended the period at $242.7 million compared to $237.3 million as of December 31, 2024, an increase of 0.5%.

• Gross loans were $135.0 million at quarter end, versus $133.9 million on December 31, 2024, an increase of $1.1 million or 0.8%.

• Total deposits were $208.7 million, compared to $195.5 million as of December 31, 2024, an increase of $13.2 million or 6.8%.

• For the twelve months ended December 31, 2025, the net interest margin was 4.01%, compared to 3.99% for the twelve months ended December 31, 2024.

• Nonperforming assets increased to Tier 1 capital of 12.70% as of December 31, 2025.

• We continue to be FIVE Star-rated from Bauer Financial, which is their highest rating.

• We continue to far exceed the minimum community bank leverage ratio.

Coeur d'Alene Bancorp, parent company of bankcda, is headquartered in Coeur d'Alene, Idaho with branches in Coeur d'Alene, Hayden, Post Falls, Kellogg, Spokane, and Richland.

For more information, visit www.bankcda.bank or contact Wes Veach at 208-415-5006.

Forward-Looking Statements

This press release contains, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements preceded by, followed by, or that include the words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "projects," "outlook" or similar expressions. These statements are based upon the current belief and expectations of the Coeur d'Alene Bancorp's management team and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond Coeur d'Alene Bancorp's control). Although Coeur d'Alene Bancorp believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, Coeur d'Alene Bancorp can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by Coeur d'Alene Bancorp or any other person that the future events, plans, or expectations contemplated by Coeur d'Alene Bancorp will be achieved.

All subsequent written and oral forward-looking statements attributable to Coeur d'Alene Bancorp or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Coeur d'Alene Bancorp does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law.

Balance Sheet Overview
(Unaudited)

		Dec 31, 2025				Dec 31, 2024				Sep 30, 2025
Assets:
Cash and due from banks		$	19,674,334			$	6,170,321			$	20,927,902
Securities available for sale, at fair value			78,440,423				91,070,959				76,538,591
Net loans			132,263,680				131,562,189				127,414,594
Other assets			12,329,232				12,610,024				12,402,510
Total assets		$	242,707,669			$	241,413,494			$	237,283,598
Liabilities and Shareholders' Equity:
Total deposits		$	208,737,981			$	195,494,331			$	203,988,773
Borrowings			-				15,397,000				-
Capital lease liability			1,369,511				1,442,171				1,394,225
Other liabilities			6,301,860				5,714,280				6,378,002
Shareholders' equity			26,298,318				23,365,712				25,522,598
Total liabilities and shareholders' equity		$	242,707,669			$	241,413,494			$	237,283,598
Ratios:
Return on average assets			0.67	%			0.62	%			0.59	%
Return on average equity			6.45	%			6.77	%			5.67	%
Community bank leverage ratio			11.06	%			10.59	%			11.28	%
Net interest margin (YTD)			4.01	%			3.27	%			3.99	%
Efficiency Ratio (YTD)			76.51	%			75.72	%			76.59	%
Nonperforming assets to total assets			1.41	%			0.00	%			0.06	%
Nonperforming assets to tier 1 capital			12.70	%			0.00	%			0.57	%

Income Statement Overview
(Unaudited)

		For the three months ended								For the twelve months ended
		Dec 31, 2025				Dec 31, 2024				Dec 31, 2025				Dec 31, 2024
Interest income		$	2,999,991			$	2,870,930			$	11,795,574			$	11,009,987
Interest expense			660,716				835,452				2,822,473				3,384,176
Net interest income			2,339,275				2,035,478				8,973,101				7,625,812
Loan loss provision			60,000				74,000				379,500				256,812
Noninterest income			269,386				231,267				977,211				926,268
Salaries and employee benefits			1,077,576				964,986				4,216,909				3,614,729
Occupancy expense			245,723				168,463				960,506				667,756
Loss on sale, net of gains			-				-				-				23,005
Other noninterest expense			666,279				646,731				2,435,243				2,193,462
Income before income taxes			559,083				412,564				1,958,154				1,796,315
Income tax expense			-				(40,426	)			374,307				321,108
Net income		$	559,083			$	452,990			$	1,583,847			$	1,475,207

SOURCE: Coeur d'Alene Bancorp

View the original press release on ACCESS Newswire

FAQ

What were Coeur d'Alene Bancorp (CDAB) net income and EPS for 2025?

Net income for the twelve months ended December 31, 2025 was $1,583,847, with diluted earnings per share of $0.83.

How did Coeur d'Alene Bancorp (CDAB) deposits change in 2025?

Total deposits increased to $208.7 million, up 6.8% versus December 31, 2024.

What was Coeur d'Alene Bancorp's (CDAB) net interest margin for 2025?

The net interest margin for the twelve months ended December 31, 2025 was 4.01%.

Did Coeur d'Alene Bancorp (CDAB) open new branches in 2025?

Yes; non-interest expense rose 17.1% in 2025 after opening two new branches during the year.

What are Coeur d'Alene Bancorp's (CDAB) total assets and gross loans at year end 2025?

Total assets were $242.7 million and gross loans were $135.0 million as of December 31, 2025.