Thomasville Bancshares, Inc. Announces Second Quarter 2026 Financial Results
Rhea-AI Summary
Thomasville Bancshares (OTCID: THVB) reported second-quarter 2026 net income of $13.0 million, up 10% from the prior-year quarter, and year-to-date net income of $25.4 million versus $22.3 million, a 14% increase. Year-to-date basic and diluted EPS were $4.02 and $3.82, respectively.
Pre-tax pre-provision income reached $34.3 million, up $3.7 million, or 12%, from the same period in 2025. Year-to-date return on average assets was 2.48% and return on average tangible equity was 24.37%. Total assets were $2.181 billion, an increase of $254 million year-over-year.
Loans grew $206 million to $1.854 billion, or 13%, and deposits increased $241 million to $1.867 billion, or 15%, over the same period in 2025. Regulatory capital totaled $222 million, representing 10.75% of assets. TNB Financial reported client assets exceeding $5.8 billion, and over 2,300 new accounts were opened in the first half of 2026.
Positive
- Q2 2026 net income $13.0 million, up 10% year-over-year
- YTD 2026 net income $25.4 million vs. $22.3 million, up 14%
- Pre-tax pre-provision income $34.3 million, up $3.7 million or 12% vs. 2025
- Loan portfolio up $206 million to $1.854 billion, 13% YoY growth
- Deposits up $241 million to $1.867 billion, 15% YoY growth
- Regulatory capital $222 million, equal to 10.75% of assets
- Year-to-date ROAA 2.48% and ROATCE 24.37%
- TNB Financial client assets over $5.8 billion
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
THOMASVILLE, Ga., July 20, 2026 (GLOBE NEWSWIRE) -- Thomasville Bancshares, Inc. (OTCID: THVB), the parent company of Thomasville National Bank and TNB Financial Services, reported its financial results for the quarter ended June 30, 2026.
Second-Quarter 2026 Highlights
- Net Income for the quarter of
$13,025,095 compared to$11,828,466 for the same period last year, an increase of10% . - YTD Net Income of
$25.4 million compared to$22.3 million for the same period last year, an increase of14% . - YTD Earnings per share were
$4.02 (basic) and$3.82 (diluted). - Pre-tax pre-provision income of
$34.3 million , an increase of$3.7 million , or12% , compared to the same period in 2025. - YTD Return on Average Assets of
2.48% and Return on Average Tangible Equity of24.37% . - Total Assets of
$2.181 billion , an increase of$254 million over the same period in 2025. - Loans grew
$206 million to$1.854 billion , or13% year-over-year. - Deposits increased
$241 million to$1.867 billion , or15% year-over-year. - Regulatory Capital was
$222 million or10.75% of assets. - TNB Financial, provider of trust and investment services, has client assets over
$5.8 billion .
Stephen H. Cheney, Chairman and CEO, said “We are pleased to report our strong financial performance for the second quarter of 2026, driven by a combination of solid growth, excellent operating efficiency, and minimal credit losses. Staying true to our principles and providing unmatched personal service has led to record account growth, with over 2,300 new accounts opened through the first six months of the year. We believe that our Bank is well positioned to continue this strong performance throughout the year.”
Bank President, Bert Hodges said, “Our culture that empowers our bankers to be creative thinkers is resilient and remains extremely unique in our industry. This continues to set us apart and has led to long-term superior credit quality, solid customer loyalty, and excellent opportunities for growth. The talent, pride and competitive spirit of our bankers makes us more confident than ever about the future of TNB.”
About Thomasville Bancshares, Inc., and Thomasville National Bank
Thomasville Bancshares, Inc. was founded in 1995 as the holding company for Thomasville National Bank. TNB along with its two banking divisions; St. Simons Bank & Trust and Tallahassee National Bank, have total assets over
