Kish Bancorp, Inc. Reports Record Net Income of $6.4 Million, or $2.11 Per Share, for the Third Quarter of 2026
Deposit costs fell year over year, while the quarterly efficiency ratio improved to 64.0% from 66.0%.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Kish Bancorp (KISB) reported third-quarter 2026 net income of $6.4 million, up 23.9% from the same quarter a year earlier. Earnings per share rose to $2.11 from $1.72. Nine-month net income reached $17.0 million, or $5.62 per share, versus $12.6 million, or $4.22 per share. Results are unaudited.
Quarterly net interest income rose 17.7% to $18.0 million, while net interest margin widened to 3.59% from 3.43% a year earlier. Noninterest income increased 4.3% to $4.2 million, but noninterest expense rose 12.7% to $13.8 million. At September 30, assets totaled $2.10 billion, loans $1.80 billion and deposits $1.56 billion. Nonperforming loans fell 90.1% during the quarter to $1.0 million after a syndication loan was repaid, but remained above $509 thousand a year earlier. A regular $0.44 quarterly dividend is payable October 30, 2026, to holders of record October 15.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointThird-quarter net income rose 23.9% to $6.4 million; EPS increased to $2.11 from $1.72 a year earlier.
- Moderate pointThird-quarter net interest income before credit provisions increased 17.7% to $18.0 million year over year.
- Moderate pointThird-quarter net interest margin reached 3.59%, versus 3.46% sequentially and 3.43% a year earlier.
- Moderate pointTotal assets increased 8.5% to $2.10 billion year over year at September 30, 2026.
- Moderate pointTotal loans grew 9.0% to $1.80 billion year over year, with 1.2% sequential growth.
- Moderate pointTotal deposits increased 12.3% to $1.56 billion year over year at September 30, 2026.
- Moderate pointTotal deposit costs fell to 2.20%, versus 2.22% sequentially and 2.48% a year earlier.
- Moderate pointThird-quarter noninterest income increased 4.3% to $4.2 million year over year.
- Moderate pointThird-quarter efficiency ratio improved to 64.0%, versus 67.0% sequentially and 66.0% a year earlier.
- Moderate pointThird-quarter return on average common equity rose to 17.00% from 15.80% a year earlier.
- Moderate pointStockholders’ equity increased 12.3% to $133.4 million year over year.
- Moderate pointSecond-quarter note issuance raised $35.0 million; proceeds redeemed 2021 subordinated notes and repaid other holding-company borrowings. 16% of market cap
15 minor points
- Minor pointNine-month net income rose to $17.0 million from $12.6 million; EPS increased to $5.62 from $4.22.
- Minor pointNine-month net interest margin expanded to 3.50% from 3.35% a year earlier.
- Minor pointResidential loans for one-to-four-family properties increased $67.0 million, or 15.8%, year over year.
- Minor pointCommercial and industrial loans increased $53.1 million, or 35.4%, year over year.
- Minor pointNon-farm non-residential loans increased $58.3 million, or 14.1%, year over year.
- Minor pointNoninterest-bearing deposits grew 8.3% year over year; interest-bearing deposits excluding brokered deposits grew 11.2%.
- Minor pointBorrowings declined to $361.083 million from $412.232 million at June 30, 2026.
- Minor pointNine-month noninterest income increased 12.3% to $11.5 million year over year.
- Minor pointNine-month efficiency ratio improved to 65.6% from 71.0% a year earlier.
- Minor pointThird-quarter return on average assets rose to 1.20% from 1.09% a year earlier.
- Minor pointCredit-loss provision fell to $644 thousand, versus $982 thousand sequentially and $781 thousand a year earlier.
- Minor pointNonperforming loans fell 90.1% sequentially to $1.0 million, but exceeded $509 thousand a year earlier.
- Minor pointThe syndication loan was paid off and resolved during the quarter without material loan-loss or earnings impact.
- Minor pointTangible book value per share increased 10.8% to $42.54 from $38.38 a year earlier.
- Minor pointKish Bank exceeded well-capitalized requirements: 8.87% leverage, 10.26% Tier 1 capital and 11.06% total capital ratios.
Negative
- Moderate pointThird-quarter noninterest expense increased 12.7% to $13.8 million year over year.
- Moderate pointSecond-quarter financing added $35.0 million of 6.25% fixed-to-floating subordinated unsecured notes due in 2036. 16% of market cap
- Minor pointNine-month noninterest expense increased 8.4% to $39.1 million year over year.
- Minor pointThird-quarter earning-asset yield fell to 6.08% from 6.14% a year earlier.
- Minor pointThird-quarter funding costs increased modestly sequentially, despite lower deposit costs.
4 minor points
- Minor pointHedging execution requires extensive wholesale borrowings, including funding from the FHLB.
- Minor pointThird-quarter net charge-offs were $90 thousand, versus $248 thousand sequentially and $90 thousand recoveries a year earlier.
- Minor pointCash and cash equivalents declined to $18.437 million from $20.264 million a year earlier.
- Minor pointAccumulated other comprehensive loss widened to $13.946 million from $9.428 million at June 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STATE COLLEGE, Pa., Oct. 15, 2026 (GLOBE NEWSWIRE) -- Kish Bancorp, Inc. (OTCQX: KISB) (“Kish” or the “Company”), parent company of Kish Bank, reported record net income of
“Earnings saw continued expansion in the third quarter, as margin improved from growth in core deposits, sustained balance sheet management strategies, and planned moderation in loan growth throughout the quarter,” stated William P. Hayes, Executive Chairman. “Third quarter earnings grew
“The work we have done to expand our markets and grow deposits while we modernize our business operations continues to produce tangible results,” said Gregory T. Hayes, President and CEO. “Utilizing technology to enhance human connection and relationships has been a priority throughout this process, and we are seeing the benefits in how we operate and serve our clients. As we continue to expand in both new and existing markets, we remain committed to the personal service that has long distinguished us in the communities we serve.”
Third Quarter 2026 Financial Highlights:
- Net income increased
23.9% to$6.4 million , or$2.11 per share, for the third quarter of 2026, compared to$5.2 million , or$1.72 per share, for the third quarter of 2025. - Total assets increased
$165.2 million , or8.5% , to$2.10 billion at September 30, 2026, compared to$1.93 billion a year ago. - Total loans grew by
$148.8 million year over year, or9.0% , to$1.80 billion , compared to$1.65 billion a year ago. - Total deposits increased
$171.3 million year over year, or12.3% , to$1.56 billion . - Third quarter net interest income, before provision, increased
$2.7 million , or17.7% , compared to the third quarter a year ago, as the third quarter net interest margin expanded to3.59% , up 16 basis points from the third quarter a year ago. - Third quarter provision for credit losses was
$644 thousand , compared to$781 thousand in the third quarter a year ago. - Nonperforming loans decreased
90.1% during the quarter to$1.0 million , or0.09% of total loans. - Noninterest income increased
$174 thousand , or4.3% , compared to the year-ago quarter. - Continued strong second quarterly ROE of
17.00% was accompanied by a quarterly ROA of1.20% . - Tangible book value per share increased
10.8% to$42.54 , compared to$38.38 a year ago. - A quarterly cash dividend of
$0.44 per share was paid on July 31, 2026, and declared a quarterly cash dividend of$0.44 per share payable October 30, 2026, to shareholders of record on October 15, 2026. - At September 30, 2026, Kish Bank continued to exceed regulatory well-capitalized requirements with a Tier 1 leverage ratio of
8.87% , a Tier 1 capital ratio of10.26% , and a Total risk-based capital ratio of11.06% , fueled by strong growth in retained earnings.
Balance Sheet
“Following a strong second quarter, loan growth moderated in the third quarter as projected, with linked-quarter growth of
Total assets ended the quarter at
Total deposits grew by
Stockholders’ equity increased
Based on the sustained retention in retained earnings, Kish Bank continues to maintain capital levels in excess of the requirements to be categorized as “well-capitalized” with a Tier 1 leverage ratio of
Credit Quality
Nonperforming loans decreased
“The single syndication loan that matured and moved into nonaccrual status at the end of the first quarter, following construction-related delays past its contractual maturity, was paid off and resolved during the quarter. As we anticipated, the resolution had no material impact on loan losses or earnings, and our overall portfolio remains sound. It was a singular case of a well-structured loan working through the maturity process which was resolve promptly,” said President and CEO Hayes.
Net loan charge-offs totaled
Operating Results
Kish generated a return on average common equity of
Net interest income, before the provision for credit losses, increased
“We reduced total borrowings in the third quarter, partially replacing that funding with brokered deposits to lock in costs ahead of anticipated rate increases. While this contributed to a modest increase in our cost of funds compared to the prior quarter, the net interest margin expanded, driven by higher earning asset yields. We continue to take a measured approach to our funding mix as we balance cost, liquidity and flexibility,” said Tina M. Collins, CFO.
The Company recorded a
Kish’s third quarter noninterest income increased
Noninterest expense increased
The efficiency ratio for the third quarter of 2026 was
In the third quarter of 2026, the Company recorded
Dividend
On October 1, 2026, the Board of Directors declared a regular quarterly cash dividend of
Recent Events
During the third quarter of 2026, the Company announced that the Shuck Agency joined Kish Insurance, the property and casualty insurance subsidiary of Kish Bank, effective August 1, 2026.
During the second quarter of 2026, the Company completed the private placement of
About Kish Bancorp, Inc.
Kish Bancorp, Inc. is a diversified financial services corporation headquartered in Belleville, PA, with executive offices in State College, PA and an Innovation Center in Reedsville, PA. Kish Bank, a subsidiary of Kish Bancorp, Inc., operates 21 locations serving Centre, Mifflin, Huntingdon, Blair, and Juniata counties in Pennsylvania, as well as northeastern Ohio. In addition to Kish Bank, Kish Bancorp’s business units include: Kish Insurance, an independent property and casualty insurance agency; Kish Financial Solutions, which offers investment, insurance, financial planning, and wealth management advisory services; Kish Benefits Consulting, which provides employee benefits consulting services; Kish Trust, which offers a full range of trust and fiduciary services; and Kish Travel, a full-service travel agency. KISB is the OTCQX stock ticker symbol for Kish Bancorp, Inc. For additional information, please visit ir.kishbancorp.com or otcmarkets.com/stock/KISB.
Forward Looking Statements
Certain statements regarding Kish Bancorp, Inc. set forth in this document and any related materials, as well as in related oral and written presentations, contain forward-looking information and speak only as of the date of such statement. You can identify these statements by the fact that they use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “forecast” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or business plans and prospects. This forward-looking information is subject to numerous material risks, uncertainties and assumptions, certain of which are beyond the control of Kish Bancorp, including the impact of general economic conditions, industry conditions, competition from other industry participants, the effect of federal, state and local regulation on financial institutions, market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the material assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and actual results, performance or achievement could differ materially from those expressed in, or implied by, this forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Kish Bancorp will derive therefrom. Kish Bancorp disclaims any intention or obligation to update or revise any forward-looking information, whether, because of new information, future events or otherwise, except as required by applicable securities laws.
| Consolidated Balance Sheet | |||||||||||
| (Unaudited; in thousands) | |||||||||||
| Sep. 30, 2026 | Jun. 30, 2026 | Sep. 30, 2025 | |||||||||
| ASSETS | |||||||||||
| Cash and due from banks | $ | 14,761 | $ | 11,706 | $ | 15,388 | |||||
| Interest-bearing deposits with other institutions | 3,676 | 4,875 | 4,876 | ||||||||
| Cash and cash equivalents | 18,437 | 16,581 | 20,264 | ||||||||
| Certificates of deposit on other financial institutions | - | - | - | ||||||||
| Investment securities available for sale | 182,028 | 195,529 | 163,291 | ||||||||
| Equity securities | 1,765 | 1,697 | 2,377 | ||||||||
| Investment securities held to maturity | 3,217 | 2,227 | 4,757 | ||||||||
| Loans held for sale | 2,657 | 3,566 | 2,941 | ||||||||
| Loans | 1,798,149 | 1,777,410 | 1,649,399 | ||||||||
| Less allowance for credit losses | 12,657 | 12,389 | 10,776 | ||||||||
| Net Loans | 1,785,492 | 1,765,021 | 1,638,623 | ||||||||
| Premises and equipment | 28,196 | 28,113 | 28,569 | ||||||||
| Goodwill | 4,112 | 3,512 | 3,512 | ||||||||
| Regulatory stock | 10,802 | 11,953 | 13,296 | ||||||||
| Bank-owned life insurance | 25,741 | 25,545 | 25,308 | ||||||||
| Accrued interest and other assets | 36,533 | 31,151 | 30,818 | ||||||||
| TOTAL ASSETS | $ | 2,098,980 | $ | 2,084,895 | $ | 1,933,756 | |||||
| LIABILITIES | |||||||||||
| Noninterest-bearing deposits | 212,165 | 212,484 | 195,917 | ||||||||
| Interest-bearing deposits | 1,225,122 | 1,200,915 | 1,101,712 | ||||||||
| Brokered deposits | 127,659 | 95,788 | 95,968 | ||||||||
| Total Deposits | 1,564,946 | 1,509,187 | 1,393,597 | ||||||||
| Borrowings | 361,083 | 412,232 | 389,329 | ||||||||
| Accrued interest and other liabilities | 39,599 | 30,696 | 32,069 | ||||||||
| TOTAL LIABILITIES | 1,965,628 | 1,952,115 | 1,814,995 | ||||||||
| STOCKHOLDERS' EQUITY | |||||||||||
| Common stock, | |||||||||||
| 8,000,000 shares authorized, | |||||||||||
| 3,063,316, 3,063,246 and 3,023,690 issued | 1,532 | 1,532 | 1,512 | ||||||||
| Additional paid-in capital | 13,657 | 13,551 | 12,846 | ||||||||
| Retained earnings | 133,657 | 128,605 | 116,088 | ||||||||
| Accumulated other comprehensive income | (13,946 | ) | (9,428 | ) | (10,824 | ) | |||||
| Treasury stock, at cost (31,440, 32,064 and 26,300 shares) | (1,548 | ) | (1,480 | ) | (861 | ) | |||||
| TOTAL STOCKHOLDERS' EQUITY | 133,352 | 132,780 | 118,761 | ||||||||
| TOTAL LIABILITIES AND | |||||||||||
| STOCKHOLDERS' EQUITY | $ | 2,098,980 | $ | 2,084,895 | $ | 1,933,756 | |||||
| CONSOLIDATED STATEMENT OF INCOME | |||||||||||||||||||
| (Unaudited; in thousands) | |||||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||||
| Sep. 30, 2026 | Jun. 30, 2026 | Sep. 30, 2025 | Sep. 30, 2026 | Sep. 30, 2025 | |||||||||||||||
| INTEREST AND DIVIDEND INCOME | |||||||||||||||||||
| Interest and fees on loans: | |||||||||||||||||||
| Taxable | $ | 28,499 | $ | 26,640 | $ | 25,674 | $ | 81,006 | $ | 72,339 | |||||||||
| Exempt from federal income tax | 311 | 320 | 287 | 947 | 783 | ||||||||||||||
| Investment securities | |||||||||||||||||||
| Taxable | 1,474 | 1,252 | 995 | 3,778 | 2,963 | ||||||||||||||
| Exempt from federal income tax | 62 | 62 | 59 | 185 | 176 | ||||||||||||||
| Interest-bearing deposits with other institutions | 33 | 32 | 51 | 94 | 159 | ||||||||||||||
| Other dividend income | 321 | 303 | 349 | 923 | 911 | ||||||||||||||
| TOTAL INTEREST AND DIVIDEND INCOME | 30,700 | 28,609 | 27,415 | 86,933 | 77,331 | ||||||||||||||
| INTEREST EXPENSE | |||||||||||||||||||
| Deposits | 8,442 | 8,265 | 8,579 | 25,177 | 24,876 | ||||||||||||||
| Borrowings | 4,243 | 3,729 | 3,536 | 11,169 | 9,901 | ||||||||||||||
| TOTAL INTEREST EXPENSE | 12,685 | 11,994 | 12,115 | 36,346 | 34,777 | ||||||||||||||
| NET INTEREST INCOME | 18,015 | 16,615 | 15,300 | 50,587 | 42,554 | ||||||||||||||
| Provision for credit losses | 644 | 982 | 781 | 2,471 | 1,410 | ||||||||||||||
| NET INTEREST INCOME AFTER | |||||||||||||||||||
| PROVISION FOR CREDIT LOSSES | 17,371 | 15,633 | 14,519 | 48,116 | 41,144 | ||||||||||||||
| NONINTEREST INCOME | |||||||||||||||||||
| Service fees on deposit accounts | 818 | 801 | 739 | 2,340 | 2,096 | ||||||||||||||
| Equity securities (losses) gains, net | 67 | 606 | 84 | 778 | 49 | ||||||||||||||
| Gain on sale of loans, net | 194 | 143 | 148 | 450 | 358 | ||||||||||||||
| Earnings on Bank-owned life insurance | 196 | 204 | 213 | 588 | 657 | ||||||||||||||
| Insurance commissions | 956 | 733 | 888 | 2,783 | 2,568 | ||||||||||||||
| Travel agency commissions | 74 | 26 | 51 | 124 | 100 | ||||||||||||||
| Wealth management | 1,330 | 761 | 1,163 | 3,104 | 2,668 | ||||||||||||||
| Benefits consulting | 176 | 205 | 159 | 549 | 486 | ||||||||||||||
| Other | 381 | 152 | 573 | 737 | 1,215 | ||||||||||||||
| TOTAL NONINTEREST INCOME | 4,192 | 3,631 | 4,018 | 11,453 | 10,197 | ||||||||||||||
| NONINTEREST EXPENSE | |||||||||||||||||||
| Salaries and employee benefits | 8,450 | 7,387 | 7,186 | 23,404 | 21,183 | ||||||||||||||
| Occupancy and equipment | 1,179 | 1,166 | 1,144 | 3,520 | 3,396 | ||||||||||||||
| Data processing | 1,411 | 1,352 | 1,365 | 4,150 | 4,099 | ||||||||||||||
| Professional fees | 136 | 160 | 217 | 433 | 670 | ||||||||||||||
| Advertising | 302 | 192 | 149 | 724 | 441 | ||||||||||||||
| Federal deposit insurance | 405 | 396 | 387 | 1,213 | 1,143 | ||||||||||||||
| Other | 1,906 | 2,245 | 1,783 | 5,629 | 5,101 | ||||||||||||||
| TOTAL NONINTEREST EXPENSE | 13,789 | 12,898 | 12,231 | 39,073 | 36,033 | ||||||||||||||
| INCOME BEFORE INCOME TAXES | 7,774 | 6,366 | 6,306 | 20,496 | 15,308 | ||||||||||||||
| Income taxes | 1,389 | 1,048 | 1,153 | 3,503 | 2,708 | ||||||||||||||
| NET INCOME | $ | 6,386 | $ | 5,317 | $ | 5,153 | $ | 16,993 | $ | 12,600 | |||||||||
| Earnings per share | $ | 2.11 | $ | 1.77 | $ | 1.72 | $ | 5.62 | $ | 4.22 | |||||||||
| ADDITIONAL FINANCIAL INFORMATION | |||||||||||||||||||
| (Dollars and shares in thousands except per share amounts)(Unaudited) | |||||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||||
| Sep. 30, 2026 | Jun. 30, 2026 | Sep. 30, 2025 | Sep. 30, 2026 | Sep. 30, 2025 | |||||||||||||||
| PERFORMANCE MEASURES AND RATIOS | |||||||||||||||||||
| Return on average common equity | 17.00 | % | 14.94 | % | 15.80 | % | 15.92 | % | 13.26 | % | |||||||||
| Return on average assets | 1.20 | % | 1.05 | % | 1.09 | % | 1.11 | % | 0.93 | % | |||||||||
| Efficiency ratio | 63.95 | % | 66.95 | % | 65.98 | % | 65.59 | % | 71.02 | % | |||||||||
| Net interest margin | 3.59 | % | 3.46 | % | 3.43 | % | 3.50 | % | 3.35 | % | |||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||||
| Sep. 30, 2026 | Jun. 30, 2026 | Sep. 30, 2025 | Sep. 30, 2026 | Sep. 30, 2025 | |||||||||||||||
| AVERAGE BALANCES | |||||||||||||||||||
| Average assets | $ | 2,091,667 | $ | 2,022,546 | $ | 1,865,172 | $ | 2,031,251 | $ | 1,794,226 | |||||||||
| Average earning assets | 1,989,213 | 1,922,893 | 1,766,641 | 1,932,293 | 1,695,440 | ||||||||||||||
| Average total loans | 1,790,555 | 1,739,005 | 1,593,790 | 1,746,897 | 1,523,796 | ||||||||||||||
| Average deposits | 1,521,518 | 1,493,183 | 1,372,083 | 1,500,535 | 1,325,238 | ||||||||||||||
| Average common equity | 142,677 | 137,729 | 124,436 | 138,083 | 121,083 | ||||||||||||||
| Sep. 30, 2026 | Jun. 30, 2026 | Sep. 30, 2025 | |||||||||||||||||
| EQUITY ANALYSIS | |||||||||||||||||||
| Total common equity | $ | 139,292 | $ | 139,292 | $ | 122,278 | |||||||||||||
| Common stock outstanding | 3,063,316 | 3,063,246 | 3,023,690 | ||||||||||||||||
| Book value per share | $ | 44.08 | $ | 43.94 | $ | 39.76 | |||||||||||||
| Tangible book value per share | $ | 42.54 | $ | 42.59 | $ | 38.38 | |||||||||||||
| ASSET QUALITY | |||||||||||||||||||
| Nonaccrual loans | $ | 1,008 | $ | 10,151 | $ | 509 | |||||||||||||
| Loans 90 days past due and still accruing | 603 | - | 96 | ||||||||||||||||
| Total nonperforming loans | $ | 1,611 | $ | 10,151 | $ | 605 | |||||||||||||
| Other real estate owned and other repossessed assets | - | - | - | ||||||||||||||||
| Total nonperforming assets | $ | 1,611 | $ | 10,151 | $ | 605 | |||||||||||||
| Nonperforming loans/portfolio loans | 0.09 | % | 0.57 | % | 0.04 | % | |||||||||||||
| Nonperforming assets/assets | 0.08 | % | 0.49 | % | 0.03 | % | |||||||||||||
| Allowance for credit losses | $ | 12,657 | $ | 12,389 | $ | 10,776 | |||||||||||||
| Allowance for credit losses/portfolio loans | 0.70 | % | 0.70 | % | 0.65 | % | |||||||||||||
| Allowance for credit losses/nonperforming loans | 785.66 | % | 122.05 | % | 1781.16 | % | |||||||||||||
| Net loan (recoveries) charge-offs for the quarter | $ | 90 | $ | 248 | $ | (90 | ) | ||||||||||||
| Sep. 30, 2026 | Jun. 30, 2026 | Sep. 30, 2025 | |||||||||||||||||
| KISH BANK | |||||||||||||||||||
| Tier 1 leverage ratio | 8.87 | % | 8.92 | % | 8.92 | % | |||||||||||||
| Tier 1 capital ratio | 10.26 | % | 10.08 | % | 9.79 | % | |||||||||||||
| Total capital ratio | 11.06 | % | 10.87 | % | 10.51 | % | |||||||||||||
| Sep. 30, 2026 | Jun. 30, 2026 | Sep. 30, 2025 | |||||||||||||||||
| INTEREST SPREAD ANALYSIS | |||||||||||||||||||
| Yield on total loans | 6.40 | % | 6.23 | % | 6.48 | % | |||||||||||||
| Yield on investments | 3.19 | % | 2.96 | % | 2.57 | % | |||||||||||||
| Yield on interest earning deposits | 2.45 | % | 2.67 | % | 3.50 | % | |||||||||||||
| Yield on earning assets | 6.08 | % | 5.95 | % | 6.14 | % | |||||||||||||
| Cost of interest-bearing deposits | 2.56 | % | 2.58 | % | 2.88 | % | |||||||||||||
| Cost of total deposits | 2.20 | % | 2.22 | % | 2.48 | % | |||||||||||||
| Cost of borrowings | 4.19 | % | 4.05 | % | 4.05 | % | |||||||||||||
| Cost of interest-bearing liabilities | 2.95 | % | 2.91 | % | 3.14 | % | |||||||||||||
| Cost of funds | 2.62 | % | 2.58 | % | 2.80 | % | |||||||||||||
| Contact: | Gregory T. Hayes, President and Chief Executive Officer, 814-325-7530 |
| Tina M. Collins, Chief Financial Officer, 814-325-7270 | |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were Kish Bancorp’s third-quarter 2026 earnings?
Kish Bancorp reported unaudited net income of $6.4 million, or $2.11 per share, for the third quarter of 2026. That compares with $5.3 million, or $1.77 per share, in the second quarter of 2026 and $5.2 million, or $1.72 per share, in the third quarter of 2025.
When will Kish Bancorp pay its quarterly dividend?
Kish Bancorp will pay its regular quarterly dividend of $0.44 per share on October 30, 2026, to shareholders of record on October 15, 2026. The board declared the dividend on October 1, 2026.
How did Kish Bancorp’s credit-loss allowance change in the third quarter of 2026?
The allowance for credit losses reached $12.7 million, or 0.70% of total loans, at September 30, 2026. It compared with $12.4 million, or 0.70%, at June 30, 2026, and $10.8 million, or 0.65%, a year earlier. The sequential increase included approximately $400 thousand of unallocated reserves.
Why did Kish Bancorp increase brokered deposits in the third quarter of 2026?
Kish said it replaced some borrowings with brokered deposits to lock in costs ahead of anticipated rate increases. Brokered deposits rose $31.9 million from the preceding quarter to $127.7 million at September 30, 2026.
What insurance business joined Kish Bancorp in 2026?
The Shuck Agency joined Kish Insurance effective August 1, 2026. Kish Insurance is Kish Bank’s property and casualty insurance subsidiary.