Mission Valley Bancorp Reports Third Quarter Results
Mission Valley Bancorp (OTCQX: MVLY) reported third quarter 2025 net income of $2.1 million or $0.62 per diluted share, up from $1.4 million, or $0.42, in Q3 2024. Year-to-date net income through Sept. 30, 2025 was $4.9 million or $1.45 per diluted share versus $5.1 million, or $1.53, a year earlier.
Key operating metrics: Net interest income was $7.8 million (up 13.04% YoY); net interest margin 4.54%; non-interest income $2.8 million (up 33.33% YoY) including a $0.9 million gain on sale from $17.9 million SBA loans sold. Balance sheet: total assets $715.0 million, gross loans $577.8 million, and total deposits $564.3 million as of Sept. 30, 2025. Asset quality: past due loans were $8.6 million; allowance for credit losses $8.5 million (1.47% of gross loans). Capital: CET1 10.47%, Tier 1 11.41%, total risk-based 12.66%.
Mission Valley Bancorp (OTCQX: MVLY) ha riportato nel terzo trimestre 2025 un utile netto di 2,1 milioni di dollari o 0,62 dollari per azione diluita, in aumento rispetto a 1,4 milioni o 0,42 nel Q3 2024. L’utile netto da inizio anno al 30 settembre 2025 è stato di 4,9 milioni o 1,45 per azione diluita contro 5,1 milioni, o 1,53, un anno prima.
Indicatori operativi chiave: utile netto da interessi stato di 7,8 milioni di dollari (in aumento del 13,04% su base annua); margine di interesse netto 4,54%; reddito non generato da interessi 2,8 milioni (in aumento del 33,33% YoY) includendo un guadagno di 0,9 milioni dalla vendita di prestiti SBA da 17,9 milioni. Stato di bilancio: attività totali 715,0 milioni, prestiti lordi 577,8 milioni e depositi totali 564,3 milioni al 30 settembre 2025. Qualità degli attivi: prestiti in mora ammontano a 8,6 milioni; fondo di accantonamento per perdite su crediti 8,5 milioni (1,47% dei prestiti lordi). Capitale: CET1 10,47%, Tier 1 11,41%, rischio-base totale 12,66%.
Mission Valley Bancorp (OTCQX: MVLY) informó que el tercer trimestre de 2025 registró una utilidad neta de 2,1 millones de dólares o 0,62 dólares por acción diluida, frente a 1,4 millones o 0,42 en el tercer trimestre de 2024. La utilidad neta acumulada hasta el 30 de septiembre de 2025 fue de 4,9 millones o 1,45 por acción diluida frente a 5,1 millones, o 1,53, un año antes.
Métricas operativas clave: ingreso neto por intereses fue de 7,8 millones de dólares (sube 13,04% interanual); margen neto de interés 4,54%; ingreso no por intereses 2,8 millones (sube 33,33% interanual) incluyendo una ganancia de 0,9 millones por la venta de préstamos SBA por 17,9 millones. Balance: activos totales 715,0 millones, préstamos brutos 577,8 millones y depósitos totales 564,3 millones al 30 de septiembre de 2025. Calidad de activos: préstamos morosos 8,6 millones; dotación para pérdidas crediticias 8,5 millones (1,47% de los préstamos brutos). Capital: CET1 10,47%, Tier 1 11,41%, total de riesgo basado 12,66%.
Mission Valley Bancorp (OTCQX: MVLY)는 2025년 3분기 순이익을 210만 달러로, 희석주당 0.62달러로 보고했고, 2024년 3분기의 140만 달러 또는 0.42에 비해 증가했습니다. 2025년 9월 30일까지의 연간 순이익은 490만 달러 또는 희석주당 1.45로, 전년동기의 510만 달러 또는 1.53에 비해 다소 감소했습니다.
주요 운용 지표: 이자 수익은 780만 달러로 전년 대비 13.04% 증가; 순이자마진 4.54%; 비이자 수익은 280만 달러로 전년 대비 33.33% 증가하며, 1,790만 달러 규모의 SBA 대출 매각으로부터 0.9백만 달러의 이익 포함. 대차대조표: 총자산 7억 1500만 달러, 총대출 5억 7780만 달러, 총예금 5억 6430만 달러 (모두 2025년 9월 30일 기준). 자산건전성: 연체대출 860만 달러; 대손충당금 850만 달러 (총 대출의 1.47%). 자본: CET1 10.47%, Tier 1 11.41%, 총 위험가중자본비율 12.66%.
Mission Valley Bancorp (OTCQX: MVLY) a déclaré que le troisième trimestre 2025 a enregistré un bénéfice net de 2,1 millions de dollars ou 0,62 dollars par action diluée, en hausse par rapport à 1,4 million ou 0,42 au T3 2024. Le bénéfice net cumulé au 30 septembre 2025 s’élevait à 4,9 millions ou 1,45 par action diluée contre 5,1 millions, ou 1,53 l’an précédent.
Indicateurs opérationnels clés : résultat net d’intérêts s’est élevé à 7,8 millions de dollars (en hausse de 13,04% en glissement annuel); marge nette d’intérêts 4,54 %; revenu non lié aux intérêts 2,8 millions (en hausse de 33,33% YoY) incluant une plus-value de 0,9 million sur la vente de prêts SBA de 17,9 millions. Bilan : actifs totaux 715,0 millions, prêts bruts 577,8 millions, dépôts totaux 564,3 millions au 30 septembre 2025. Qualité des actifs : prêts en souffrance 8,6 millions; provision pour pertes sur créances 8,5 millions (1,47 % des prêts bruts). Capitaux : CET1 10,47%, Tier 1 11,41%, total des risques pondérés 12,66%.
Mission Valley Bancorp (OTCQX: MVLY) berichtete, dass das dritte Quartal 2025 einen Nettogewinn von 2,1 Mio. USD oder 0,62 USD pro verwässerter Aktie ausweist, verglichen mit 1,4 Mio. USD bzw. 0,42 im Q3 2024. Der year-to-date Nettogewinn bis zum 30. September 2025 betrug 4,9 Mio. USD oder 1,45 pro verwässerter Aktie gegenüber 5,1 Mio. oder 1,53 im Vorjahr.
Wichtige Kennzahlen: Zinsüberschuss betrug 7,8 Mio. USD (YoY +13,04%); Nettozinsmarge 4,54%; nichtzinserträge 2,8 Mio. USD (YoY +33,33%), einschließlich eines Gewinns von 0,9 Mio. USD aus dem Verkauf von SBA-Darlehen über 17,9 Mio. USD. Bilanz: Gesamtvermögen 715,0 Mio. USD, Brutto-Darlehen 577,8 Mio. USD, Gesamtscheineinlagen 564,3 Mio. USD zum Stichtag 30. September 2025. Vermögensqualität: Ausfallforderungen 8,6 Mio. USD; Verlustabdeckung 8,5 Mio. USD (1,47% der Brutto-Darlehen). Kapital: CET1 10,47%, Tier 1 11,41%, Gesamtrisiko-basierte Kapitalquote 12,66%.
Mission Valley Bancorp (OTCQX: MVLY) أبلغت عن صافي دخل للربع الثالث من عام 2025 قدره 2.1 مليون دولار أو 0.62 دولار للسهم المخفف، مقارنة بـ 1.4 مليون دولار أو 0.42 دولار في الربع الثالث من 2024. صافي الدخل من بداية العام حتى 30 سبتمبر 2025 كان 4.9 مليون دولار أو 1.45 دولار للسهم المخفف مقابل 5.1 مليون دولار، أو 1.53 قبل عام.
المقاييس التشغيلية الرئيسية: دخل صافي من الفوائد كان 7.8 مليون دولار (نما بنسبة 13.04% سنويًا); هامش صافي الفوائد 4.54%; دخل غير فائدة 2.8 مليون دولار (ارتفاع 33.33% سنويًا) بما في ذلك ربح قدره 0.9 مليون دولار من بيع قروض SBA بمبلغ 17.9 مليون دولار. الميزانية: الأصول الإجمالية 715.0 مليون دولار، القروض الإجمالية 577.8 مليون دولار، والودائع الإجمالية 564.3 مليون دولار حتى 30 سبتمبر 2025. جودة الموجودات: القروض المتأخرة بمقدار 8.6 مليون دولار; مخصص الخسائر الائتمانية 8.5 مليون دولار (1.47% من القروض الإجمالية). رأس المال: CET1 10.47%، Tier 1 11.41%، إجمالي نسبة المخاطر المعتمدة 12.66%.
- Q3 net income rose to $2.1M (+50% YoY)
- Net interest income $7.8M (+13.04% YoY)
- Non-interest income $2.8M (+33.33% YoY)
- Gain on sale from SBA loans $0.9M
- Past due loans increased to $8.6M as of Sept 30, 2025
- Available borrowing capacity decreased by $13.8M (-6.61%)
Tamara Gurney, President and Chief Executive Officer, commented, "Our third quarter was highlighted by strong operating results with net income of
Third Quarter 2025 Highlights
- Net Income of
$2.1 million $0.62 - Net Interest Income was
$7.8 million $0.9 million 13.04% , compared to the third quarter of 2024. - Net Interest Margin was
4.54% for the third quarter of 2025 compared to4.49% for the third quarter of 2024. - Non-Interest Income was
$2.8 million $0.7 million 33.33% , compared to the third quarter of 2024. $17.9 million $0.9 million $9.0 million $0.5 million
Balance Sheet Highlights
- Total Assets were
$715.0 million $37.7 million 5.57% , compared to December 31, 2024. - Gross Loans were
$577.8 million $30.8 million 5.63% , compared to December 31, 2024. - Total Deposits were
$564.3 million $13.0 million 2.36% , compared to December 31, 2024. Brokered Deposits were$11.0 million $48.9 million 81.64% , compared to December 31, 2024.
Asset Quality
$60 thousand $0.1 million $8.6 million $5.3 million $25.4 million $26.4 million $8.9 million $10.2 million - The Allowance for Credit Losses was
$8.5 million 1.47% of Gross Loans, as of September 30, 2025, compared to$8.1 million 1.48% of Gross Loans, as of December 31, 2024.
Capital and Liquidity
- Capital position remains strong, which is reflected by Common Equity Tier 1 Capital Ratio of
10.47% , Tier 1 Capital ratio of11.41% , Total Risk Based Capital Ratio of12.66% , and Leverage Ratio of10.08% . - Available borrowing capacity of
$194.9 million $13.8 million 6.61% , compared to December 31, 2024. - Unpledged available-for-sale investment securities of
$45.6 million
About Mission Valley Bancorp
Mission Valley Bancorp is a bank holding company headquartered in
Forward-looking statements:
Certain matters discussed in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon current management expectations and, therefore, are subject to certain risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed, suggested, or implied by the forward-looking statements. Forward-looking statements are effective only as of the date that they are made and the Company assumes no obligation to update this information.
www.MissionValleyBank.com.
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SOURCE Mission Valley Bancorp
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