Muncy Columbia Financial reported second-quarter 2026 net income of $7,155,000, or $0.67 per share, up from $5,768,000 and $0.54 per share in Q2 2025. Net interest income rose to $16,769,000 for the quarter and fully-tax equivalent net interest margin widened to 4.37%. The company reported six-month net income of $14,311,000, book value per share of $18.72 and an equity-to-assets ratio of 11.88% at June 30, 2026.

Financial Highlights

  • Net income (Q2 2026): $7,155,000; diluted earnings per share: $0.67 (Q2 2025: $5,768,000; $0.54).
  • Net interest income (Q2 2026): $16,769,000 (Q2 2025: $14,808,000); fully-tax equivalent net interest margin: 4.37% (Q2 2025: 4.04%).
  • Total non-interest income (Q2 2026): $2,560,000 (Q2 2025: $2,237,000); included $605,000 gain on settlement of bank-owned life insurance claims and realized losses on available-for-sale debt securities of $1,445,000.
  • Total non-interest expense (Q2 2026): $10,420,000 (Q2 2025: $9,856,000); salaries and employee benefits were $5,580,000.
  • Balance sheet: Total assets $1,672,332,000 and total deposits $1,433,595,000 at June 30, 2026; book value per share $18.72.

Business Highlights

  • Parent company of Journey Bank continued to expand lending: loans receivable held for investment increased by $28,603,000 for the six months ended June 30, 2026.
  • Liquidity management actions: cash and cash equivalents decreased $28,396,000 over six months while short-term borrowings increased and long-term borrowings were reduced by $40,584,000; the bank prepaid its outstanding long-term FHLB borrowings during Q2 2026.
  • Asset quality improvement: non-performing assets declined to $8,881,000 (0.53% of total assets) at June 30, 2026 from $11,978,000 (0.72%) at December 31, 2025, driven by a reduction in non-accrual loans.
  • Capital and funding stability: common equity tier 1 ratio estimated at 16.74% and leverage ratio at 10.22% for Journey Bank at June 30, 2026; equity-to-assets ratio 11.88% for the corporation.
  • Corporate action: completed a three-for-one stock split (200% stock dividend) effective May 15, 2026; all share and per-share amounts in the release are presented on a split-adjusted basis.

Original SEC Filing:

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