Deposit Growth

International Bancshares Corporation (IBOC) reported strong Q2 2025 results, with net income reaching $100.1 million ($1.61 diluted EPS), a 3.2% increase year-over-year. First-half net income rose to $197.0 million ($3.16 diluted EPS), up 1.4% from 2024. The growth was attributed to higher interest income from expanded investment and loan portfolios, driven by the elevated interest rate environment, and a decrease in the provision for credit loss expense. As of June 30, 2025, total assets were $16.5 billion and total net loans reached $9.0 billion.

Sturgis Bancorp (STBI) reported a strong Q2 2025 with net income increasing to $1.6 million and earnings per share reaching $0.76. The net interest margin improved significantly to 3.62%. Deposits grew by $40 million to $882 million. Wholesale funding dependence was reduced. However, noninterest expenses increased, and noninterest income decreased year-to-date. The bank maintains a strong capital position with a Tier 1 leverage ratio of 8.00%.