Jeffersonville Bancorp Announces Third Quarter Earnings of $3,293,000 or $0.78 per share and Year to Date Earnings of $9,301,000 or $2.20 per share; Declares Dividend of $0.15

Rhea-AI Summary

Jeffersonville Bancorp (OTCQB: JFBC) reported Q3 2025 net income $3,293,000 or $0.78 per share, versus $3,092,000 or $0.73 per share in Q3 2024. Year-to-date net income through Sept. 30, 2025 was $9,301,000 or $2.20 per share, up from $8,676,000 or $2.05 in 2024.

The company cited a $1,764,000 year-to-date reduction in interest expense and higher loan interest and fees as primary drivers, partially offset by declines in securities and other interest income and modest increases in expenses and taxes.

The board declared a $0.15 per share cash dividend payable Dec. 5, 2025 to holders of record Nov. 25, 2025.

Positive

• Declared cash dividend of $0.15 per share payable Dec. 5, 2025
• Q3 net income of $3,293,000 (earnings $0.78 per share)
• YTD net income of $9,301,000 (earnings $2.20 per share)
• YTD interest expense decreased by $1,764,000

Negative

• YTD securities interest declined by $838,000
• YTD other interest and dividend income fell by $833,000
• Increase in provision for loan losses of $159,000 YTD
• Q3 non-interest expense increased by $115,000

JEFFERSONVILLE, N.Y., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today third quarter net income of $3,293,000 or $0.78 per share compared to $3,092,000 or $0.73 per share for the same quarter in 2024. The increase in quarterly net income compared to 2024 of $201,000 was primarily attributable to a reduction in interest expense of $554,000 and an increase of $500,000 in loan interest and fees, partially offset by a reduction in other interest and dividend income of $277,000, a reduction in securities interest of $203,000, a gain on sale of foreclosed real estate of $191,000 in 2024, an increase in non-interest expense of $115,000, and an increase in income tax expense of $40,000.

Year to date net income as of September 30, 2025 was $9,301,000 or $2.20 per share compared to $8,676,000 or $2.05 per share for the same period in 2024. The increase in year-to-date net income compared to 2024 of $625,000 was primarily attributable to a decrease in interest expense of $1,764,000, and an increase in loan interest and fees of $1,361,000, partially offset by a reduction in securities interest of $838,000, a decrease in other interest and dividend income of $833,000, a reduction in other non-interest income of $322,000, a gain on sale of foreclosed real estate of $191,000 in 2024, an increase in provision for loan loss expense of $159,000, and an increase of $138,000 in income tax expense compared to the same period in 2024.

"To date, lower interest expense and interest income from higher loan balances have more than offset decreases in income related to rate cuts by the Federal Reserve Board," said George W. Kinne, Jr., President and CEO, “With the path of future rate cuts uncertain, the Company has maintained a liquid balance sheet and continues to be well positioned to outperform peers in the near term.”

A cash dividend in the amount of fifteen cents ($0.15) per share on the common stock of the company was declared at the November 13, 2025 meeting of the Board of Directors. The dividend is payable on December 5, 2025 to stockholders of record at the close of business on November 25, 2025.

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 did JFBC report for Q3 2025 net income and EPS?

JFBC reported $3,293,000 net income and $0.78 EPS for Q3 2025.

How did Jeffersonville Bancorp's year-to-date earnings compare through Sept. 30, 2025?

YTD net income was $9,301,000 or $2.20 per share versus $8,676,000 or $2.05 in 2024.

When is the JFBC dividend payable and who is eligible?

The cash dividend of $0.15 per share is payable Dec. 5, 2025 to shareholders of record Nov. 25, 2025.

What drove JFBC's earnings improvement in 2025?

Management cited a $1,764,000 YTD reduction in interest expense and higher loan interest and fees.

Did Jeffersonville Bancorp report any meaningful declines in income sources?

Yes—YTD securities interest fell by $838,000 and other interest/dividend income dropped by $833,000.

Where can investors get more information about JFBC financials or contacts?

For more information investors can call 845-482-4000 or contact President & CEO George W. Kinne, Jr.