Ledyard Financial Group, Inc. reports developments tied to its role as the holding company for Ledyard National Bank, a full-service community bank offering banking, investment, tax and wealth management services. Recurring updates cover quarterly earnings, cash dividends, loan and deposit trends, net interest margin, credit profile, liquidity management and wealth management revenue.
Company news also includes capital actions such as common stock repurchase authorization, board appointments and commentary on the integration of banking and wealth management operations. Coverage centers on the bank’s community banking activities, asset growth, capital ratios and regional governance matters.
Ledyard Financial Group (LFGP) announced that President and CEO Josephine Moran was named to American Banker’s 2026 Women to Watch list. The recognition is part of its Most Powerful Women in Banking program. Honorees will be recognized at a gala on October 22, 2026, at the American Museum of Natural History in New York City.
Ledyard Financial Group (LFGP) appointed Alex Walker and Eric Zitzewitz to its Board of Directors, effective September 24, 2026.
Walker is Executive Director of the Catholic Health Care Foundation of Greater Manchester and a former President & CEO of Catholic Medical Center, with more than 30 years of leadership as a healthcare executive and attorney. Zitzewitz is a Professor of Economics at Dartmouth College and a Research Associate at the National Bureau of Economic Research, with over 30 years of experience in finance-related research. The company also announced the recent retirement of directors Andrew Samwick, Margaret Rightmire, and Teresa Rosenberger after 20, 15, and 8 years of service, respectively.
Ledyard Financial Group (OTCQX: LFGP) reported Q2 2026 net income of $1.7 million, or $0.52 per diluted share, up from $1.5 million ($0.44) in Q1 2026 and $1.3 million ($0.39) in Q2 2025, as net interest income and wealth management revenue increased.
Total assets reached $1.07 billion, up 7.9% year over year. Gross loans grew to $735.9 million, up 7.5% quarter over quarter and 16.9% year over year, while net interest margin widened to 2.81%. Assets Under Administration rose 12.8% to $2.57 billion, supporting a 15.4% rise in wealth management revenue.
Non-interest expense climbed 16.2% year over year to $10.0 million, and the efficiency ratio was 81.0%. Return on average equity improved to 10.94%. The board declared a regular quarterly cash dividend of $0.21 per share, payable September 4, 2026, and the company repurchased 4,200 shares at an average price of $17.05.
Ledyard Financial Group (OTCQX: LFGP) appointed Betsey Rhynhart to the Boards of Ledyard Financial Group and Ledyard National Bank, effective immediately. She is Vice President of Population Health at Concord Hospital, where she has led a $107 million community health impact plan and system-wide initiatives in quality, safety, equity, and AI governance.
Ledyard Financial Group (OTCQX:LFGP) named Charles M. Petersen as new Chair of the Boards of Ledyard Financial Group and Ledyard National Bank, effective June 22, 2026. He succeeds Bruce P. King, who remains a director.
Petersen brings prior CEO experience at Biddeford Savings Bank and First Community Bank, where he oversaw asset growth, branch expansion and a merger creating Maine Community Bancorp.
Ledyard Financial Group (OTCQX: LFGP) reported Q1 2026 net income of $1.5 million or $0.44 per diluted share, up 25% year-over-year and down versus the prior quarter. Total assets were $1.04 billion; gross loans were $684.6 million (up 12.5% YoY). Net interest margin widened to 2.75%. The board declared a quarterly cash dividend of $0.21 per share payable June 12, 2026. Capital ratios remain above regulatory "well-capitalized" thresholds and the company repurchased 13,100 shares in Q1.
Ledyard Financial Group (OTCQX: LFGP) appointed Jennifer "Jenny" Williams to its Board of Directors, effective March 26, 2026. Ms. Williams also joins the Board of Ledyard Bank and brings philanthropy, nonprofit leadership, fundraising experience, and community ties across New Hampshire and Vermont.
Her background includes founding Finding Our Stride (serving over 30 schools), a Joint Venture partnership with Norwich Partners since 2003, prior Dartmouth College fundraising roles, and an MPA from NYU Wagner.
Ledyard Financial Group (OTCQX: LFGP) on Feb 6, 2026 authorized a stock repurchase program to buy up to 173,135 shares, approximately 5% of issued and outstanding common stock. Purchases may be made in the open market and will depend on market conditions and other corporate considerations.
Ledyard Financial Group (OTCQX: LFGP) reported Q4 2025 net income of $2.0M ($0.59 diluted) and full-year 2025 net income of $6.0M ($1.81 diluted). Total assets were $1.06B, loans $670.8M, AUM $2.29B, and the board declared a $0.21 quarterly cash dividend payable March 13, 2026.
Key drivers included loan and deposit growth, a 26-basis-point YoY NIM improvement, wealth management fee revenue gains, and continued reduction in efficiency ratio to 78.2%.
Ledyard Financial Group (OTCQX: LFGP) reported Q3 2025 net income of $1.54M ($0.46/share), up 110% YoY and 18% vs Q2. Total assets reached $1.03B (+3.6% QoQ, +9.7% YoY) driven by gross loans of $647.3M (up 2.9% QoQ, 21.6% YoY). Net interest income was $6.17M (NIM 2.54%, +36 bps YoY). Wealth management revenue rose to $4.30M and AUM ended at $2.27B (+5.2% YoY). Efficiency ratio improved to 82.5%. The board declared a quarterly dividend of $0.21/share, payable Dec 12, 2025 to holders of record Nov 21, 2025.