Interest Income

Mission Valley Bancorp (MVLY) reported a Q3 2025 net income increase to $2.1 million ($0.62/diluted share) from $1.4 million ($0.42/share) YoY. Net interest income rose 13.04% to $7.8 million, with a 4.54% net interest margin. Non-interest income grew 33.33% to $2.8 million, including gains from SBA loan sales. Total assets reached $715.0 million. Past due loans were $8.6 million with an $8.5 million allowance for credit losses. Capital ratios remained strong, supporting future growth.

Third Century Bancorp (OTCPINK: TDCB) reported a significant increase in net income for the quarter ended June 30, 2025, reaching $374,000 ($0.32 per share), a 64.34% jump from $228,000 in 2024. This growth was primarily driven by a $286,000 increase in net interest income due to higher loan balances and improved yields. For the first six months of 2025, net income rose 47.66% to $823,000. Total assets reached $322.43 million, up from year-end 2024.