Welcome to our dedicated page for Triad Business B news (Ticker: TBBC), a resource for investors and traders seeking the latest updates and insights on Triad Business B stock.
Triad Business Bank reports news centered on its community and business banking operations in North Carolina's Triad region. The bank serves small and midsize businesses and their owners through commercial loans, treasury management and private banking, and its common stock is quoted on the OTC Pink market under the symbol TBBC.
Recurring company updates include unaudited quarterly results, net interest income, net interest margin, loan growth, funding costs, investment securities, accumulated other comprehensive income or loss, and regulatory capital measures. News also covers capital raises, board governance changes, OTC market quotation matters and the bank's status as a well-capitalized institution for regulatory purposes.
Triad Business Bank (OTCID: TBBC) reported unaudited Q1 2026 results with net income of $404,000 ($0.05 per share), up from $199,000 a year earlier. Core operating earnings were $471,000. Net interest income rose to $3.4M, and net interest margin widened to 2.63%.
Total assets were $536.9M, loans $407.9M, deposits down $16.4M, other borrowings up to $45.0M, and shareholders’ equity $50.6M. The bank remains well-capitalized.
Triad Business Bank (OTCID: TBBC) reported improved 2025 results: Q4 net income $497,000 versus a Q4 2024 loss of $2.8M, and full-year 2025 net income of $1.4M versus a 2024 loss of $4.3M. Net interest margin rose to 2.69% in Q4 and 2.46% for 2025. Loans grew 7% to $400.5M, deposits increased to $467.6M, and shareholders' equity rose to $50.6M. AOCI unrealized loss improved by $6.8M to an $8.1M loss.
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Triad Business Bank (OTC Pink: TBBC) reported significant financial improvements in Q2 2025, with net income of $216,000 compared to a loss of $611,000 in Q2 2024. The bank achieved earnings of $0.03 per share, up from a loss of $0.09 per share year-over-year.
Key highlights include a 25 basis point increase in net interest margin to 2.33%, $300,000 growth in net interest income to $3.0 million, and a $471,000 reduction in noninterest expenses. Total assets reached $531.3 million, with loans increasing by $24.5 million and deposits growing by $28.5 million year-over-year.
The bank maintains a strong capital position, being "well-capitalized" with a total capital ratio of 12.15%, exceeding regulatory requirements. Management expects further margin improvements throughout 2025-2026 as low-yielding assets mature.
Triad Business Bank reported a significant turnaround in Q1 2025, posting a net income of $199,000 compared to a loss of $101,000 in Q1 2024. The bank's performance improved through:
- Net interest margin increase to 2.27% (up 17 basis points)
- Net interest income growth to $2.9 million (up $247,000)
- 13% reduction in personnel expenses
The bank's loan portfolio grew by $15.2 million to $374.4 million, with 48% in commercial and industrial loans. Total assets stood at $521.2 million, while deposits decreased by $23.9 million. The bank maintains "well-capitalized" status with total capital ratio of 12.34%. Notable improvements include zero non-performing loans and a positive outlook for margin growth as lower-yielding assets mature and are replaced with higher-yielding investments.
Triad Business Bank (TBBC) has revised its unaudited financial results for 2024, increasing its allowance for credit loss on a downgraded publicly traded corporate bond from $1.1 million to $2.6 million. This adjustment has resulted in a revised net loss of $4.3 million for the 2024 fiscal year.
Despite the increased loss provision, the bank maintains a strong regulatory capital position of $61.6 million, representing 12.48% of risk-weighted assets as of December 31, 2024.
Triad Business Bank (TBBC) reported a net loss of $1.4 million in Q4 2024, primarily due to a $1.7 million provision for credit losses, including a $1.1 million reserve for a corporate bond. Despite the loss, the bank showed improvement in core operating income, reaching $299,000 in Q4 2024 compared to a loss of $478,000 in Q4 2023.
Key financial metrics include:
- Net interest income increased $376,000 to $3.0 million
- Net interest margin improved to 2.27% from 2.09%
- Total assets grew to $525.2 million
- Loans increased by $39.5 million to $373.7 million
- Total regulatory capital remained strong at $63.1 million (12.78% of risk-weighted assets)
The bank successfully reduced operating expenses, with noninterest expense decreasing $368,000 (11%) year-over-year. Employee count decreased from 62 to 56, and the bank completed a $6.0 million common stock offering in June 2024.
Triad Business Bank (OTC Pink: TBBC) announced its unaudited Q2 2024 results. Key highlights include:
- Raised $6.0 million in additional capital
- Reduced annual operating costs by $2.0 million
- Net loss of $611,000 for Q2 2024
- Loan balances increased by $4.2 million to $363.4 million
- Added 26 new business relationships in Q2
- Shareholders' equity increased $6.5 million
- Total capital levels at 13.3% of risk-weighted assets
The bank aims to achieve profitability in the final two quarters of 2024. Net interest income increased to $2.7 million, while the net interest margin slightly decreased to 2.08%. The bank's loan portfolio grew 18% annualized through the first six months of 2024.
Triad Business Bank (TBBC) announced unaudited first quarter 2024 results, showing a net loss of $101,000, an improvement from the previous quarter. The Bank saw positive trends with increased capital levels, loan balances, and deposit relationships. Management outlined a plan to improve profitability by focusing on core deposits, making strategic loans, and reducing expenses. Despite challenges in 2023, the Bank is committed to enhancing customer service and financial stability.
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