Jeffersonville Bancorp (OTCQB: JFBC) reported second quarter 2026 net income of $3,336,000, or $0.79 per share, up from $3,290,000 or $0.78 per share in Q2 2025. The $46,000 increase was mainly driven by higher loan interest and fees, an unrealized gain on an equity security, and higher securities and other interest income, partly offset by higher salaries, credit loss provisions, and interest expense.
For the six months ended June 30, 2026, net income rose to $6,618,000 or $1.56 per share, compared with $6,008,000 or $1.42 per share a year earlier. The board declared a cash dividend of $0.20 per share, payable on September 3, 2026 to shareholders of record on August 25, 2026.
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Positive
Q2 2026 net income up $46,000 YoY to $3,336,000
Q2 2026 EPS up to $0.79 from $0.78 YoY
YTD 2026 net income up $610,000 YoY to $6,618,000
YTD 2026 EPS increased to $1.56 from $1.42 in 2025
Board declared a $0.20 per share cash dividend, payable September 3, 2026
YTD loan interest and fees income increased $844,000 versus 2025
Negative
Q2 salary and benefit expense increased $183,000 versus Q2 2025
Q2 provision for credit losses rose $138,000 due to loan portfolio growth
YTD interest on Federal Reserve Bank balances decreased $299,000 versus 2025
YTD non-interest expense increased $251,000 compared with prior year period
YTD income tax expense increased $172,000 versus 2025
YTD interest expense increased $68,000 year over year
JEFFERSONVILLE, N.Y., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today second quarter net income of $3,336,000 or $0.79 per share compared to $3,290,000 or $0.78 per share for the same quarter in 2025. The increase in quarterly net income compared to 2025 of $46,000 was primarily attributable to an increase in loan interest and fees of $349,000, an unrealized gain on an equity security income of $122,000, and an increase in securities and other interest income of $43,000. The increase was partially offset by an increase in salary and benefit expense of $183,000, an increase in provision for credit losses, due to growth in the loan portfolio, of $138,000, and an increase in interest expense of $46,000.
Year to date net income as of June 30, 2026 was $6,618,000 or $1.56 per share compared to $6,008,000 or $1.42 per share for the same period in 2025. The increase in year-to-date net income compared to 2025 of $610,000 was primarily attributable to an increase in loan interest and fees income of $844,000, an increase in securities income of $371,000, a decrease in the provision for credit losses of $101,000, and an increase in non-interest income of $78,000. The increase was partially offset by a decrease in interest on balances held at the Federal Reserve Bank of $299,000, an increase in non-interest expense of $251,000, and an increase income tax expense of $172,000, and an increase in interest expense of $68,000, compared to the same period in 2025.
"The Company is achieving strong loan growth in a higher rate environment while also growing low cost, stable deposits, resulting in peer leading returns," said George W. Kinne, Jr., President and CEO, “Our conservative approach to credit underwriting and balance sheet management has resulted in consistently good credit quality and robust liquidity and capital levels. We continue to focus on providing excellent service to our customers through the most convenient branch network in our market area and contributing to the communities we serve through employee involvement and sponsorships.”
A cash dividend in the amount of twenty cents ($0.20) per share on the common stock of the company was declared at the August 11, 2026 meeting of the Board of Directors. The dividend is payable on September 3, 2026 to stockholders of record at the close of business on August 25, 2026.
Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank. Jeff Bank maintains ten full-service branches in Sullivan and Orange County, New York located in Anawana Lake Road/Monticello, Eldred, Callicoon, Jeffersonville, Liberty, Livingston Manor, Monticello, Port Jervis, White Lake, and Wurtsboro.
For More Information, call: 845-482-4000
Contact: George W. Kinne, Jr., President – CEO
FAQ
What were Jeffersonville Bancorp (OTCQB: JFBC) second quarter 2026 earnings?
Jeffersonville Bancorp reported Q2 2026 net income of $3,336,000, or $0.79 per share. According to Jeffersonville Bancorp, this compares with $3,290,000, or $0.78 per share, for the same quarter in 2025, reflecting a modest year-over-year increase.
How did Jeffersonville Bancorp’s year-to-date 2026 results compare with 2025 for JFBC?
Year-to-date 2026 net income was $6,618,000, or $1.56 per share, versus $6,008,000, or $1.42 per share, in 2025. According to Jeffersonville Bancorp, the $610,000 increase was mainly due to higher loan and securities income and lower credit loss provisions.
What dividend did Jeffersonville Bancorp (JFBC) declare on August 11, 2026?
Jeffersonville Bancorp declared a $0.20 per share cash dividend on its common stock. According to Jeffersonville Bancorp, the dividend is payable on September 3, 2026 to shareholders of record at the close of business on August 25, 2026.
What factors drove Jeffersonville Bancorp’s Q2 2026 earnings change for JFBC?
Q2 2026 earnings rose mainly from higher loan interest and fees, equity security gains, and securities interest income. According to Jeffersonville Bancorp, these benefits were partially offset by higher salary and benefit expense, increased provision for credit losses, and higher interest expense versus Q2 2025.
How is Jeffersonville Bancorp’s loan and deposit growth affecting JFBC performance?
According to Jeffersonville Bancorp, strong loan growth in a higher rate environment and growth in low-cost, stable deposits are contributing to what management describes as peer-leading returns, while supporting credit quality, liquidity, and capital through a conservative underwriting and balance sheet approach.
Where does Jeffersonville Bancorp (JFBC) operate its banking branches?
Jeffersonville Bancorp owns Jeff Bank, which operates ten full-service branches in Sullivan and Orange County, New York. According to Jeffersonville Bancorp, locations include Monticello, Jeffersonville, Liberty, Livingston Manor, Port Jervis, White Lake, Wurtsboro, Eldred, Callicoon, and Anawana Lake Road/Monticello.
