Mission Bancorp reports developments for a California bank holding company whose primary subsidiary is Mission Bank. Company news centers on quarterly and annual earnings, loan and deposit growth, net interest margin trends, credit provisions, and capital levels for the bank.
Recurring updates also cover Mission Bank’s Business Banking Centers and production teams serving California markets, including commercial banking, agricultural banking, SBA and Farmer Mac activity, and Mission Bank 1031 Exchange services. Capital actions reported by the company include stock repurchase plan extensions and stock dividends.
Mission Bancorp (MSBC) reported record third-quarter 2026 net income available to common shareholders of $9.2 million, up 6.1% year over year. Diluted earnings per share were $3.05, compared with $2.90 a year earlier and $2.74 in the linked quarter. Net interest income reached $21.6 million, with net interest margin rising to 4.38% from 4.27% a year earlier.
At September 30, deposits totaled $1.81 billion, up 4.9% year over year and 3.6% from June 30. Gross loans reached $1.52 billion, up 7.6% annually but down 0.4% sequentially. Non-interest expense rose 10.7% annually to $10.1 million. Nonaccrual loans increased to 0.06% of gross loans from 0.02% in June, while the Bank's Community Bank Leverage Ratio reached 12.22%, versus 11.29% a year earlier. Mission also announced an extension of its stock repurchase plan.
Mission Bank (MSBC) plans to expand into Fresno, California, opening a new Business Banking Center in the coming months.
The Fresno team will be led by Regional President Lo B. Nestman, a 25-year banking veteran, joined by Deep Gill, Manny Quintana, and Sergio Salas, who together have 70 years of experience, including 45 years in the Greater Fresno area. The Fresno office will complement existing business banking centers in Visalia, Shafter, the Greater Bakersfield Area, and locations in San Luis Obispo, Ventura, and Los Angeles Counties. Founded in 1998 in Bakersfield, Mission Bank has grown to $2.1 billion in assets and emphasizes local decision making and high-touch relationship banking.
Mission Bank (OTC:MSBC) was named by American Banker Magazine among the Top 20 Performing Publicly Traded Banks Under $2 Billion in Assets for the fourth consecutive year. The ranking is based on financial metrics such as three-year average ROAE and highlights Mission Bank’s growth past $2 billion in assets.
Mission Bancorp (OTC: MSBC) reported unaudited second quarter 2026 net income available to common shareholders of $8.2 million, or $2.73 per diluted share, up from $3.1 million, or $1.05, a year earlier and $7.7 million, or $2.58, in the prior quarter. According to Mission Bancorp, total assets rose to $2.01 billion, loans increased 12.9% year-over-year to $1.53 billion, and deposits grew 7.6% to $1.75 billion, including 9.4% growth in non-interest-bearing balances, which now represent 39.7% of deposits.
Net interest income reached $20.4 million with a 4.35% net interest margin, 28 basis points higher than a year ago. The efficiency ratio improved to 44.8%, while quarterly return on average assets was 1.67% and return on average equity was 14.1%. Credit quality metrics remained strong, with nonaccrual loans at 0.02% of gross loans and a Community Bank Leverage Ratio of 12.22% at the bank level.
Mission Bank (OTCQX:MSBC) opened a new Loan and Deposit Production Office in Templeton, serving North San Luis Obispo County and the California Central Coast. The office focuses on commercial and Ag lending, led by banker Mark Pearce and a dedicated relationship and credit team.
Mission Bank, founded in 1998 in Bakersfield, reports growth to $2 billion in assets and operates additional locations in Lancaster, San Luis Obispo, Shafter, Ventura, Visalia, and Westlake Village.
Mission Bank (MSBC) opened a new Business Banking Center in Westlake Village, California, on June 11, 2026. The full-service center at 4165 East Thousand Oaks Blvd #101 focuses on commercial lending and business banking.
It is led by Regional President Jason Ritchey and supported by AG, SBA, and 1031 Exchange divisions, with weekday hours from 10:00 AM to 4:00 PM.
Mission Bank (OTCQX:MSBC) announced an expansion of its Bakersfield-based Ag Lending Team effective May 26, 2026. Industry veterans John Etchison and Eric Schoenheide join as Relationship Managers and Eliza Hernandez as Relationship Associate, all reporting to Ag Division Manager Rob Hallum at the Downtown Bakersfield Business Banking Center.
Mission Bancorp (OTC Pink: MSBC) reported net income available to common shareholders of $7.7 million for Q1 2026, a 7% year‑over‑year increase, and announced a stock repurchase plan extension plus a 5.00% annual stock dividend. Gross loans grew 14.5% YoY to $1.49 billion, total deposits were $1.67 billion, and net interest margin was 4.39%. The company noted modest deposit growth, rising non‑interest expense, and an ACL of 1.35% as of March 31, 2026.
Mission Bank 1031 Exchange (NYSE:MSBC) named Catie Cerri as its new Operations Officer in Bakersfield on February 5, 2026. Cerri brings 25 years of experience, is a Bakersfield native, and will lead local operations and customer-care efforts for the company.
The firm is the only locally based 1031 exchange service in Kern County and provides services to property owners nationwide while aligning with Mission Bank's community-focused goals.
Mission Bancorp (OTC Pink: MSBC) reported fourth-quarter 2025 net income available to common shareholders of $8.2 million ($2.88 diluted EPS), a 6.3% increase year-over-year. Gross loans grew 13.2% YoY to $1.46 billion, supporting net interest margin expansion to 4.31%. Full-year 2025 net income was $27.1 million vs. $30.1 million in 2024.