Exchange Bank (EXSR) Q2 2026 earnings summary

Executive summary

• Net income after taxes for Q2 2026 was $7.3 million, up from $7.0 million in Q2 2025.

• Net interest income rose 7.7% year-over-year to $24.2 million.

• Total assets stood at $3.2 billion as of June 30, 2026.

• The bank maintains strong liquidity with $773.6 million in liquid assets and $1 billion in borrowing capacity.

• Regulatory capital ratios remain well above requirements, with a total risk-based capital ratio of 20.2%.

Financial highlights

• Net interest income increased by $1.7 million year-over-year to $24.2 million.

• Non-interest income declined by $0.4 million to $6.2 million.

• Non-interest expense rose 4.6% to $20.6 million.

• Net income for the first six months of 2026 was $14.8 million, up 16.96% from $12.7 million in 2025.

• Basic earnings per share for Q2 2026 was $4.26, up from $3.27 in Q2 2025.

Outlook and guidance

• Management highlights ongoing competition for deposits and strategic focus on maintaining core deposit relationships.

• Forward-looking statements note potential impacts from economic, regulatory, and market conditions.