Foresight Reports 2026 Second Quarter and First Half Results

Q: How did Foresight Financial Group (FGFH) perform in Q2 2026?

Foresight reported Q2 2026 net income of $4.38 million , up 47% year over year. According to Foresight, diluted EPS reached $1.20 , with return on average assets of 1.04% and return on average equity of 10.07% in the quarter.

Q: What were Foresight Financial Group (FGFH) first-half 2026 earnings results?

Foresight posted first-half 2026 net income of $8.27 million , up 122% from 2025. According to Foresight, diluted EPS for the first six months was $2.27 , with return on average assets at 1.00% and return on average equity at 9.60%.

Q: How did Foresight Financial Group's net interest margin change in Q2 2026?

Foresight’s tax-equivalent net interest margin rose to 3.69% in Q2 2026 from 3.33% a year earlier. According to Foresight, first-half 2026 margin was 3.67%, supported by strong deposit growth and a lower 2.17% rate on interest-bearing deposits.

Q: What happened to Foresight Financial Group (FGFH) noninterest income in Q2 2026?

Foresight’s Q2 2026 noninterest income was $2.33 million , down $674 thousand year over year. According to Foresight, the decline reflected $1.2 million of prior-year non-recurring debit card branding revenue, partly offset by higher loan servicing and card interchange fees.

Q: How strong were Foresight Financial Group (FGFH) asset quality metrics in Q2 2026?

Foresight reported nonperforming assets of $16.9 million , or 0.98% of total assets, at June 30, 2026. According to Foresight, this compares with $28.29 million, or 1.76% of assets, at June 30, 2025, indicating lower problem assets year over year.

Q: What was Foresight Financial Group (FGFH) efficiency ratio in Q2 2026?

Foresight’s efficiency ratio improved to 62.3% in Q2 2026, down from 73.6% a year earlier. According to Foresight, the first-half 2026 efficiency ratio was 63.2%, reflecting lower noninterest expenses after prior-period non-recurring charter consolidation and impairment costs.

Q: How did Foresight Financial Group (FGFH) stock price and tangible book value change by June 30, 2026?

Foresight’s stock closed at $48.04 on June 30, 2026, 54% above the prior-year price. According to Foresight, tangible book value per share increased to $48.48 , and to $54.91 excluding accumulated other comprehensive income, compared with prior-year levels.

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Foresight Financial Group (OTCQX: FGFH) reported 2026 Q2 net income of $4.38 million, up 47% from Q2 2025 and 13% from Q1 2026, with diluted EPS of $1.20. Return on average assets was 1.04% and return on average equity 10.07%.

First-half 2026 net income rose to $8.27 million, up 122% year over year, with EPS of $2.27. Net interest income grew to $14.92 million in Q2 and $29.26 million for the first half, driven by strong deposit growth and a lower 2.17% cost on interest-bearing deposits. Tax-equivalent net interest margin expanded to 3.69% in Q2 and 3.67% for the first half.

Provision for credit losses was $524 thousand in Q2 and $1.08 million for the first half, while nonperforming assets declined to $16.9 million (0.98% of assets). Noninterest expense fell to $10.86 million in Q2 and $21.38 million for the first half, reflecting the absence of prior-year non-recurring items. The efficiency ratio improved to 62.3% in Q2 and 63.2% for the first half. Tangible book value per share increased to $48.48, and the June 30, 2026 closing stock price of $48.04 was 54% above the prior-year level.

Positive

Q2 2026 net income up 47% YoY to $4.38 million
First-half 2026 net income up 122% YoY to $8.27 million
Net interest income H1 2026 up 16.1% to $29.26 million
Tax-equivalent net interest margin expanded to 3.69% in Q2 2026
Nonperforming assets reduced to 0.98% of total assets from 1.76%
Efficiency ratio improved to 62.3% in Q2 from 73.6% YoY
Tangible book value per share increased to $48.48 from $44.37 YoY
Stock price up 54% YoY to $48.04 at June 30, 2026

Negative

Noninterest income Q2 2026 decreased by $674 thousand YoY to $2.33 million
First-half 2026 noninterest income declined to $4.21 million from $4.95 million
Salaries and employee benefits increased 5.5% in H1 2026, up $689 thousand
Q2 2026 provision for credit losses rose to $524 thousand from $238 thousand YoY

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07/15/2026 - 11:03 AM

WINNEBAGO, Ill., July 15, 2026 (GLOBE NEWSWIRE) -- Foresight Financial Group, Inc. (OTCQX: FGFH) reported net income of $4.38 million for the quarter ended June 30, 2026, a 47% increase compared to $2.99 million reported for the second quarter of 2025 and a 13% increase compared to $3.89 million reported for the first quarter of 2026. Diluted earnings per share were $1.20 for the quarter compared to $0.82 for the second quarter of 2025 and $1.07 for the first quarter of 2026. The second quarter results produced a return on average assets and return on average equity of 1.04% and 10.07%.

Net income for the first six months of 2026 was $8.27 million, up 122% from $3.72 million for the same period in 2025. Diluted earnings per share for the first half were $2.27, compared with $1.03 in the prior year period. The first half 2026 results produced a return on average assets and return on average equity of 1.00% and 9.60%, respectively.

The earnings growth for the first half of 2026 compared to the prior year period was driven by margin expansion, lower credit costs and reduced non-interest expense, which was partially offset by a decrease in non-interest income. The decrease in non-interest income was due to $1.2 million of non-recurring revenue in the prior year period related to a debit card branding agreement. The reduction in non-interest expenses was also related to non-recurring items in the prior year period, including a $1.96 million impairment charge on a nonmarketable equity investment and $1.88 million of expenses directly related to the charter consolidation initiative.

“We are pleased with the continued momentum recognized during the second quarter,” said Peter Morrison, Chief Executive Officer. “The strategic initiatives completed during the past year are producing measurable results, including stronger profitability, improved operating efficiency and increased shareholder value.”

Net interest income increased to $14.92 million for the quarter ended June 30, 2026, compared to $12.95 million for the second quarter of 2025 and $14.34 million for the first quarter of 2026. The tax-equivalent net interest margin for the second quarter of 2026 expanded to 3.69%, compared to 3.33% in the prior-year quarter and 3.65% in the linked quarter.

For the first six months of 2026, net interest income increased $4.05 million, or 16.1%, to $29.26 million compared to $25.21 million for the first six months of 2025. The taxable equivalent net interest margin expanded to 3.67%, compared to 3.29% in the prior year period.

The growth in net interest income and improvement of the net interest margin for both the second quarter and first half of 2026 was driven primarily by strong deposit growth and a lower cost of deposits compared to the prior year periods. The rate on average interest-bearing deposits decreased by thirty-eight basis points to 2.17% for the first half of 2026 as compared to 2.55% for the first half of 2025. Average total deposits increased by $63.9 million, or 4.6%, to $1.449 billion for the first half of 2026 compared to $1.385 billion in the prior year period. The tax-equivalent yield on average total earning assets increased by ten basis points to 5.35% for the first half of 2026 as compared to the prior year period. Average total loans for the first half increased by $13.9 million to $1.124 billion as compared to $1.110 billion in the first half of the prior year, with the additional liquidity generated by the deposit growth being deployed in investment securities. Average total investment securities for the first half of 2026 increased by $48.6 million as compared to the prior year period, with the yield on investment securities increasing by forty-four basis points.

The provision for credit losses totaled $524 thousand during the second quarter of 2026, compared to $238 thousand in the second quarter of 2025 and $561 thousand in the first quarter of 2026. For the six months ended June 30, 2026 the provision for loan losses totaled $1.08 million, a $451 thousand, or 29%, decrease as compared to the first six months of the prior year.

Asset quality remained solid, with nonperforming assets totaling $16.9 million, or 0.98% of total assets, as of June 30, 2026 as compared to $28.29 million, or 1.76% of total assets, on June 30, 2025, and $16.08 million, 0.91% of total assets as of March 31, 2026.

Noninterest income totaled $2.33 million for the quarter, a $674 thousand decrease compared to $3.00 million in the second quarter of 2025. The decline was due to $1.20 million of non-recurring revenue received in the second quarter of the prior year related to a debit card branding agreement, which was partially offset by a $231 thousand increase in net loan servicing fees due to changes in the fair value of the mortgage servicing asset. In addition, card interchange fees increased by $114 thousand in the quarter compared to the second quarter of 2025, reflecting revenue from the recently implemented proprietary corporate card program.

Non-interest income totaled $4.21 million for the first six months of 2026, compared to $4.95 million for the first six months of 2025, primarily due to $1.2 million of non-recurring revenue recognized in the prior period and a $102 thousand decrease in net loan servicing fees due to valuation fluctuations of the mortgage servicing asset. These decreases were partially offset by a $141 thousand increase in deposit service fees and a $172 thousand increase in card interchange revenue, reflecting the Company’s initiatives to grow core non-interest revenue.

Noninterest expense totaled $10.86 million for the quarter ended June 30, 2026, decreasing by $1.09 million compared to $11.95 million for the second quarter of 2025. The decrease was due to $1.56 million in non-recurring expenses realized in the second quarter of 2025 related to the charter consolidation initiative. This decrease was partially offset by a $304 thousand, or 4.7% increase in salaries and benefits.

Non-interest expense for the first half of 2026 declined by $2.75 million, or 11.4%, to $21.38 million compared to $24.13 million in the first six months of the prior year, reflecting the absence of non-recurring expenses incurred in the prior period, including $1.88 million related to the charter consolidation initiative and a $1.96 impairment charge on a nonmarketable equity investment. These decreases were partially offset by a $689 thousand, or 5.5% increase in salaries and employee benefits.

The Company’s efficiency ratio for the second quarter improved to 62.3%, compared to 73.6% in the prior-year quarter and 64.1% in the linked quarter. The efficiency ratio for the six months ended June 30, 2026 improved to 63.2% compared to 78.6% for the first half of the prior year.

The closing price for the Company’s common stock was $48.04 on June 30, 2026, a 54% increase over the closing price of $31.13 on June 30, 2025. Tangible book value per share increased to $48.48 as of June 30, 2026, compared to $44.37 on June 30, 2025 and $47.95 on March 31, 2026. Excluding accumulated other comprehensive income, tangible book value per share increased to $54.91 as of June 30, 2026 compared to $52.43 on June 30, 2025 and $53.98 on March 31, 2026.

About Foresight Financial Group, Inc.

Foresight Financial Group, Inc. is the largest bank holding company headquartered in Winnebago County, Illinois and is the parent company of Foresight Bank, which has offices in the Illinois counties of Winnebago, Stephenson and Kankakee. Foresight Bank was formed through the legal consolidation of six long-standing community bank subsidiaries of Foresight Financial Group, including German American State Bank, State Bank of Davis, Northwest Bank of Rockford, State Bank (Freeport), Lena State Bank, and State Bank of Herscher. Foresight’s common stock is traded on the “OTCQX” market under the trading symbol FGFH.

Forward-Looking Statements

When used in this communication, the words "believes," "expects," "likely", "would", and similar expressions are intended to identify forward-looking statements. The Company's actual results may differ materially from those described in the forward-looking statements. Factors which could cause such a variance to occur include, but are not limited to: heightened competition; adverse state and federal regulation; failure to obtain new or retain existing customers; ability to attract and retain key executives and personnel; changes in interest rates; unanticipated changes in industry trends; unanticipated changes in credit quality and risk factors, including general economic conditions particularly in the Company's markets; potential deterioration in real estate values, success in gaining regulatory approvals when required; changes in the Federal Reserve Board monetary policies; unexpected outcomes of new and existing litigation in which the Company, or its subsidiaries, officers, directors or employees is named defendants; technological changes; changes in accounting principles generally accepted in the United States; changes in assumptions or conditions affecting the application of "critical accounting policies"; inability to recover previously recorded losses as anticipated, and the inability of third party vendors to perform critical services for the Company or its customers. The inclusion of forward-looking information should not be construed as a representation by the Company or any person that future events or plans contemplated by the Company will be achieved. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information or otherwise.

FOR INFORMATION CONTACT:
Peter Morrison	Todd James
Chief Executive Officer	Chief Financial Officer
(815) 847-7500	(815) 847-7500

Consolidated Balance Sheets
(Unaudited)	June 30,			December 31,
		2026			2025
Assets	(in thousands, except per share data)
Cash and due from banks	$	18,419		$	15,844
Interest-bearing deposits in banks		46,830			11,254
Federal funds sold		1,288			775
Total cash and cash equivalents		66,537			27,873

Debt Securities:
Available-for-sale (AFS)		459,322			428,688
Held-to-maturity (HTM)		2,378			2,378
Marketable equity securities and other investments		4,436			4,427
Loans held for sale		441			1,549
Loans, net of allowance for credit losses		1,103,191			1,127,617
Premises and equipment, net		17,604			17,855
Bank owned life insurance		25,323			24,979
Other assets		33,265			33,281
Total assets	$	1,712,497		$	1,668,647

Liabilities and Stockholders' Equity
Deposits
Noninterest-bearing	$	233,195		$	219,275
Interest-bearing		1,251,414			1,209,276
Total deposits		1,484,609			1,428,551
Federal funds purchased		-			-
Securities sold under agreements to repurchase		-			-
Federal Home Loan Bank (FHLB) and other borrowings		33,477			53,429
Accrued interest payable and other liabilities		19,064			16,405
Total liabilities		1,537,150			1,498,385

Preferred stock		-
Common stock		1,065			1,063
Additional paid-in capital		16,937			16,720
Retained earnings		196,620			189,941
Treasury stock, at cost		(16,013	)		(16,013	)
Accumulated other comprehensive loss		(23,262	)		(21,449	)
Total stockholders' equity		175,347			170,262
Total liabilities and stockholders' equity	$	1,712,497		$	1,668,647

Consolidated Statements of Income
(Unaudited)	Six Months Ended June 30,
		2026		2025
	(in thousands, except per share data)
Interest and dividend income:
Interest and fees on loans	$	35,553		$	34,657
Interest on investment securities		6,737			4,985
Interest on fed funds sold and other deposits		499			817
Total interest income		42,789			40,459
Interest expense:
Deposits		12,992			14,464
Federal funds purchased		1			2
FHLB and other borrowings		536			780
Total interest expense		13,529			15,246
Net interest income		29,260			25,213
Provision for credit losses		1,085			1,536
Net interest and dividend income,
after provision for credit losses		28,175			23,677

Noninterest income:
Customer service fees		1,034			893
Net securities gains (losses)		(44	)		-
Gain on sale of loans, net		229			163
Loan servicing fees, net		433			535
Bank owned life insurance		344			334
Card interchange fees		1,222			1,050
Other		992			1,971
Total noninterest income		4,210			4,946

Noninterest expenses:
Salaries and employee benefits		13,299			12,610
Occupancy expense of premises, net		1,560			1,407
Outside services		775			1,088
Data processing		2,755			2,614
Other		2,990			6,410
Total noninterest expenses		21,379			24,129

Income before income taxes		11,006			4,494
Income tax expense		2,739			772

Net income	$	8,267		$	3,722

Earnings per common share:
Basic	$	2.29		$	1.03
Diluted	$	2.27		$	1.03

Consolidated Statements of Income
(Unaudited)	For the Quarter Ended
	June 30,		March 31,			December 31,		September 30,		June 30,
	2026		2026			2025		2025		2025
Interest and dividend income:	(in thousands, except per share data)
Interest and fees on loans	$	17,885	$	17,668		$	18,343	$	17,893	$	17,739
Interest on investment securities		3,504		3,233			2,983		2,447		2,394
Interest on fed funds sold and other deposits		331		168			417		150		285
Total interest income		21,720		21,069			21,743		20,490		20,418
Interest expense:
Deposits		6,550		6,442			7,158		6,930		7,099
Federal funds purchased		-		1			-		4		-
FHLB and other borrowings		248		288			282		398		370
Total interest expense		6,798		6,731			7,440		7,332		7,469
Net interest income		14,922		14,338			14,303		13,158		12,949
Provision for credit losses		524		561			772		372		238

Net interest income after provision for loan losses		14,398		13,777			13,531		12,786		12,711

Noninterest income:
Customer service fees		537		497			445		424		551
Net securities gains (losses)		-		(44	)		-		-		-
Gain on sale of loans, net		100		129			81		79		26
Loan servicing fees, net		457		(24	)		108		106		226
Bank owned life insurance		179		165			167		166		177
Card interchange fees		669		553			581		605		555
Other		387		605			389		404		1,468
Total noninterest income		2,329		1,881			1,771		1,784		3,003

Noninterest expenses:
Salaries and employee benefits		6,712		6,587			6,613		6,808		6,408
Occupancy expense of premises, net		809		751			795		775		772
Outside services		424		351			409		615		422
Data processing		1,438		1,317			1,330		1,407		1,403
Other		1,480		1,510			2,722		2,751		2,943
Total noninterest expenses		10,863		10,516			11,869		12,356		11,948

Income before income taxes		5,864		5,142			3,433		2,214		3,766
Income tax expense		1,486		1,253			889		612		779
Net income	$	4,378	$	3,889		$	2,544	$	1,602	$	2,987

Earnings per common share:
Basic	$	1.21	$	1.08		$	0.71	$	0.44	$	0.83
Diluted	$	1.20	$	1.07		$	0.70	$	0.44	$	0.82

Consolidated Balance Sheets
(Unaudited)	As of
	June 30			March 31,			December 31,			September 30,			June 30,
	2026			2026			2025			2025			2025
Assets	(in thousands)
Cash and due from banks	$	18,419		$	18,696		$	15,844		$	19,601		$	28,002
Interest-bearing deposits in banks		46,830			118,000			11,254			26,994			13,025
Federal funds sold		1,288			3,900			775			1,989			3,046
Total cash and cash equivalents		66,537			140,596			27,873			48,584			44,073

Debt securities:
Debt securities available-for-sale (AFS)		459,322			426,198			428,688			369,287			361,146
Debt securities held-to-maturity (HTM)		2,378			2,378			2,378			2,741			3,263
Marketable equity securities and other investments		4,436			4,420			4,427			5,545			5,446
Loans held for sale		441			352			1,549			-			480
Loans, net of allowance for credit losses		1,103,191			1,113,139			1,127,617			1,123,376			1,116,498
Premises and equipment, net		17,604			17,622			17,855			18,054			16,889
Bank owned life insurance		25,323			25,144			24,979			24,812			24,646
Other assets		33,265			32,840			33,281			36,373			38,573
Total assets	$	1,712,497		$	1,762,689		$	1,668,647		$	1,628,772		$	1,611,014

Liabilities and Stockholders' Equity
Liabilities:
Deposits:
Noninterest-bearing	$	233,195		$	226,404		$	219,275		$	241,473		$	247,002
Interest-bearing		1,251,414			1,312,249			1,209,276			1,140,725			1,136,961
Total deposits		1,484,609			1,538,653			1,428,551			1,382,198			1,383,963
Federal funds purchased		-			-			-			-			-
Securities sold under agreements to repurchase		-			-			-			26,354			12,466
Federal Home Loan Bank (FHLB) and other borrowings		33,477			36,668			53,429			37,662			39,889
Accrued interest payable and other liabilities		19,064			14,302			16,405			15,666			14,737
Total liabilities		1,537,150			1,589,623			1,498,385			1,461,880			1,451,055
Stockholders' equity:
Preferred stock		-			-						-			-
Common stock		1,065			1,063			1,063			1,063			1,062
Additional paid-in capital		16,937			16,734			16,720			16,716			16,704
Retained earnings		196,620			193,037			189,941			188,119			187,237
Treasury stock, at cost		(16,013	)		(16,013	)		(16,013	)		(16,013	)		(16,013	)
Accumulated other comprehensive loss		(23,262	)		(21,755	)		(21,449	)		(22,992	)		(29,031	)
Total stockholders' equity		175,347			173,066			170,262			166,892			159,959
Total liabilities and stockholders' equity	$	1,712,497		$	1,762,689		$	1,668,647		$	1,628,772		$	1,611,014

SELECTED FINANCIAL DATA (Unaudited)
The following table outlines selected financial data as of and for the:
(in thousands, except per share amounts and ratios)
	Three Months Ended															Six Months Ended
	Jun 30,			Mar 31,			Dec 31,			Sep 30,			Jun 30,			Jun 30,			Jun 30,
		2026			2026			2025			2025			2025			2026			2025
PER COMMON SHARE
Basic earnings	$	1.21		$	1.08		$	0.71		$	0.44		$	0.83		$	2.29		$	0.20
Diluted earnings		1.20			1.07			0.70			0.44			0.82			2.27			0.20
Dividends		0.22			0.22			0.20			0.20			0.20			0.44			0.20

Book value		48.52			47.99			47.21			46.28			44.41			48.52			44.41
Tangible book value		48.48			47.95			47.18			46.24			44.37			48.48			44.37
Tangible book value, excluding AOCI		54.91			53.98			53.12			52.62			52.43			54.91			52.43
End of period shares outstanding		3,614,260			3,606,428			3,606,123			3,606,123			3,606,087			3,614,260			3,606,087
Average number of shares outstanding		3,614,153			3,606,425			3,606,119			3,606,119			3,606,137			3,610,310			3,602,112
Market price		48.04			45.99			41.78			32.48			31.13			48.04			31.13

PERFORMANCE RATIOS

Return on average assets		1.04	%		0.95	%		0.60	%		0.40	%		0.75	%		1.00	%		0.47	%
Return on average equity		10.07	%		9.13	%		5.96	%		3.90	%		7.60	%		9.60	%		4.80	%
Net interest margin, tax equivalent		3.69	%		3.65	%		3.52	%		3.41	%		3.33	%		3.67	%		3.29	%
Efficiency ratio, tax equivalent		62.29	%		64.12	%		73.32	%		81.23	%		73.61	%		63.2	%		78.57	%
Loan to deposit ratio		75.21	%		73.11	%		79.91	%		82.26	%		81.66	%		75.21	%		81.66	%

ASSET QUALITY DATA

Nonaccrual loans		16,589			14,409			14,937			25,452			25,939			16,589			25,939
Accruing loans 90+ days past due		249			1,662			373			1,967			688			249			688
Total non-performing loans		16,838			16,071			15,310			27,419			26,627			16,838			26,627
Foreclosed assets		25			7			-			56			703			25			703
Impaired other investments		-			-			-			961			961			-			961
Total non-performing assets		16,863			16,078			15,310			28,436			28,291			16,863			28,291

Total loans held for investment		1,116,178			1,126,264			1,140,600			1,137,006			1,129,719			1,116,178			1,129,719
Allowance for credit losses		12,987			13,125			12,983			13,630			13,626			12,987			13,626
Loans, net of ACL		1,103,191			1,113,139			1,127,617			1,123,376			1,116,498			1,103,191			1,116,498

Nonperforming assets to total assets		0.98	%		0.91	%		0.92	%		1.75	%		1.76	%		0.98	%		1.76	%
Nonperforming loans to total loans		1.51	%		1.43	%		1.34	%		2.41	%		2.36	%		1.51	%		2.36	%
Allowance to total loans		1.16	%		1.17	%		1.14	%		1.20	%		1.21	%		1.16	%		1.21	%
Allowance to nonperforming loans		77.13	%		81.67	%		84.80	%		49.71	%		51.17	%		77.13	%		51.17	%

ALLOWANCE FOR CREDIT LOSSES ACTIVITY

Beginning of period balance		13,125			12,983			13,630			13,626			16,092			12,983			14,694
Provision for loan losses		524			561			772			372			238			1,085			1,536
Provision for unfunded commitments		(412	)		(120	)		(14	)		(5	)		224			(532	)		334
Charge-offs		(285	)		(342	)		(1,594	)		(373	)		(2,958	)		(627	)		(3,032	)
Recoveries		35			43			189			10			30			78			94
Ending of period balance		12,987			13,125			12,983			13,630			13,626			12,987			13,626

Analysis of Average Balances and Tax Equivalent Interest Rates
(dollars in thousands)
	For the Quarters Ended(Dollars in thousands-unaudited)
	June 30, 2026							March 31, 2026							June 30, 2025
	Average Balance			Interest (1)		Average Rate (1)		Average Balance			Interest (1)		Average Rate (1)		Average Balance			Interest (1)		Average Rate (1)
Interest Earning Assets:
Interest bearing deposits and other	$	32,009		$	331	4.15	%	$	15,680		$	167	4.33	%	$	12,712		$	223	7.05	%
Investment securities		481,728			3,602	3.00	%		463,514			3,332	2.92	%		441,109			2,581	2.35	%
Loans		1,119,935			17,901	6.41	%		1,127,837			17,683	6.36	%		1,120,619			17,738	6.35	%
Total Earning Assets	$	1,633,672		$	21,835	5.36	%	$	1,607,031		$	21,182	5.35	%	$	1,574,440		$	20,542	5.23	%
Allowance for credit losses		(13,328	)						(13,128	)						(16,112	)
Cash and due from banks		20,646							21,048							28,640
Other assets		43,945							47,172							14,452
Total Assets	$	1,684,935						$	1,662,123						$	1,601,420

Interest Bearing Liabilities:
Interest bearing checking accounts	$	213,820		$	588	1.10	%	$	204,135		$	528	1.05	%	$	249,836		$	1,055	1.69	%
Savings and money market deposits		536,490			2,369	1.77	%		515,375			2,216	1.74	%		406,685			1,728	1.70	%
Time deposits		472,878			3,593	3.05	%		477,354			3,699	3.14	%		473,023			4,331	3.67	%
Total interest bearing deposits		1,223,188			6,550	2.15	%		1,196,864			6,442	2.18	%		1,129,544			7,114	2.53	%
Borrowings		34,649			247	2.86	%		38,918			289	3.01	%		57,816			370	2.57	%
Total Interest Bearing Liabilities	$	1,257,837		$	6,797	2.17	%	$	1,235,782		$	6,731	2.21	%	$	1,187,360		$	7,484	2.53	%

Interest Rate Spread						3.19	%						3.14	%						2.71	%

Noninterest bearing checking accounts		239,120							237,825							242,185
Other liabilities		13,554							15,652							14,152
Total liabilities		1,510,511							1,489,259							1,443,697
Total stockholders' equity		174,424							172,864							157,723
Total Liabilities and Stockholders' Equity	$	1,684,935						$	1,662,123						$	1,601,420

Net Interest Income/Margin				$	15,037	3.69	%				$	14,451	3.65	%				$	13,059	3.33	%

(1) Management discloses certain non-GAAP financial measures to evaluate and measure the Company's performance, including a
presentation of net interest income with a net interest margin on a tax-equivalent(TE) basis. Net interest margin is calculated by dividing net
interest income on a TE basis by average earning assets for the period. Nonaccrual loans are included in the above-stated average balances.

Analysis of Average Balances and Tax Equivalent Interest Rates
(dollars in thousands)
	For Six Months Ended(Dollars in thousands-unaudited)
	June 30, 2026							June 30, 2025
	Average Balance			Interest (1)		Average Rate (1)		Average Balance			Interest (1)		Average Rate (1)
Interest Earning Assets:
Interest bearing deposits and other	$	23,890		$	499	4.21	%	$	36,208		$	817	4.55	%
Investment securities		472,671			6,934	2.96	%		424,064			5,303	2.52	%
Loans		1,123,864			35,583	6.38	%		1,109,984			34,722	6.31	%
Total Earning Assets	$	1,620,425		$	43,016	5.35	%	$	1,570,256		$	40,842	5.25	%
Allowance for credit losses		(13,229	)						(15,556	)
Cash and due from banks		20,846							23,487
Other assets		45,550							35,995
Total Assets	$	1,673,592						$	1,614,182

Interest Bearing Liabilities:
Interest bearing checking accounts	$	209,004		$	1,116	1.08	%	$	246,411		$	2,021	1.65	%
Savings and money market deposits		525,991			4,584	1.76	%		405,453			3,322	1.65	%
Time deposits		475,103			7,292	3.10	%		490,289			9,121	3.75	%
Total interest bearing deposits		1,210,098			12,992	2.17	%		1,142,153			14,464	2.55	%
Borrowings		36,772			536	2.94	%		58,704			781	2.68	%
Total Interest Bearing Liabilities	$	1,246,870		$	13,528	2.19	%	$	1,200,857		$	15,246	2.56	%

Interest Rate Spread						3.17	%						2.68	%

Noninterest bearing checking accounts		238,476							242,529
Other liabilities		14,598							14,582
Total liabilities		1,499,944							1,457,968
Total stockholders' equity		173,648							156,213
Total Liabilities and Stockholders' Equity	$	1,673,592						$	1,614,181

Net Interest Income/Margin				$	29,488	3.67	%				$	25,597	3.29	%

(1) Management discloses certain non-GAAP financial measures to evaluate and measure the Company's performance, including a
presentation of net interest income with a net interest margin on a tax-equivalent(TE) basis. Net interest margin is calculated by dividing net
interest income on a TE basis by average earning assets for the period. Nonaccrual loans are included in the above-stated average balances.

FAQ

How did Foresight Financial Group (FGFH) perform in Q2 2026?

Foresight reported Q2 2026 net income of $4.38 million, up 47% year over year. According to Foresight, diluted EPS reached $1.20, with return on average assets of 1.04% and return on average equity of 10.07% in the quarter.

What were Foresight Financial Group (FGFH) first-half 2026 earnings results?

Foresight posted first-half 2026 net income of $8.27 million, up 122% from 2025. According to Foresight, diluted EPS for the first six months was $2.27, with return on average assets at 1.00% and return on average equity at 9.60%.

How did Foresight Financial Group's net interest margin change in Q2 2026?

Foresight’s tax-equivalent net interest margin rose to 3.69% in Q2 2026 from 3.33% a year earlier. According to Foresight, first-half 2026 margin was 3.67%, supported by strong deposit growth and a lower 2.17% rate on interest-bearing deposits.

What happened to Foresight Financial Group (FGFH) noninterest income in Q2 2026?

Foresight’s Q2 2026 noninterest income was $2.33 million, down $674 thousand year over year. According to Foresight, the decline reflected $1.2 million of prior-year non-recurring debit card branding revenue, partly offset by higher loan servicing and card interchange fees.

How strong were Foresight Financial Group (FGFH) asset quality metrics in Q2 2026?

Foresight reported nonperforming assets of $16.9 million, or 0.98% of total assets, at June 30, 2026. According to Foresight, this compares with $28.29 million, or 1.76% of assets, at June 30, 2025, indicating lower problem assets year over year.

What was Foresight Financial Group (FGFH) efficiency ratio in Q2 2026?

Foresight’s efficiency ratio improved to 62.3% in Q2 2026, down from 73.6% a year earlier. According to Foresight, the first-half 2026 efficiency ratio was 63.2%, reflecting lower noninterest expenses after prior-period non-recurring charter consolidation and impairment costs.

How did Foresight Financial Group (FGFH) stock price and tangible book value change by June 30, 2026?

Foresight’s stock closed at $48.04 on June 30, 2026, 54% above the prior-year price. According to Foresight, tangible book value per share increased to $48.48, and to $54.91 excluding accumulated other comprehensive income, compared with prior-year levels.