Arizona Tribune - Trinity Bank Reports 2025 2nd Quarter Net Income up 10.2% to $ 2,374,000

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Trinity Bank Reports 2025 2nd Quarter Net Income up 10.2% to $ 2,374,000 - Return on Assets 1.79%

ECONOMY 31.07.2025

FORT WORTH, TX / ACCESS Newswire / July 31, 2025 / Trinity Bank N.A. (OTC PINK:TYBT) today announced operating results for the three months ending June 30, 2025, and YTD results for the six months ending June 30, 2025.

Text size:

Results of Operations

Trinity Bank, N.A. reported Net Income after Taxes of $2,374,000 or $2.09 per diluted common share for the first quarter of 2025, compared to $2,1543,000 or $1.91 per diluted common share for the second quarter of 2024, an increase of 9.4%.

For the first six months of 2025, Net Income after Taxes amounted to $4,583,000, an increase of 9.6% over the first half of 2024 results of $4,181,000. Earnings per diluted common share for the first half of 2025 were $4.03, an increase of 8.7% over the first half of 2024 results of $3.70 per diluted common share.

Steve Lombardi, Chief Lending Officer, stated, "The second quarter represents record earnings for Trinity Bank and our single best quarter of performance since the Bank was founded in 2003. We are very pleased with the results, which demonstrate the continued success of a business model based on exceptional customer relationships and the strength of the entire Trinity Bank team.

As we move into the second half of the year, we will continue executing on a growth focused strategy, without sacrificing the high credit standards that have made Trinity Bank what it is. Despite some macro-economic uncertainty, primarily related to international trade, the business environment in North Texas remains stable and our customer base remains largely unaffected.

While our outlook for loan growth and credit quality remains positive for the rest of 2025, we are also well positioned to weather any unforeseen storms given our strong liquidity and capital positions."

Page 2 - Trinity Bank Second Quarter 2025

Page 3 - Trinity Bank Second Quarter 2025

Trinity Bank, N.A. is a commercial bank that began operations May 28, 2003. For a full financial statement, visit Trinity Bank's website: www.trinitybk.com Regulatory reporting format is also available at www.fdic.gov.

###

For information contact:

Richard Burt
Executive Vice President
Trinity Bank
817-763-9966

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future financial conditions, results of operations and the Bank's business operations. Such forward-looking statements involve risks, uncertainties and assumptions, including, but not limited to, monetary policy and general economic conditions in Texas and the greater Dallas-Fort Worth metropolitan area, the risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest rate protection agreements, the actions of competitors and customers, the success of the Bank in implementing its strategic plan, the failure of the assumptions underlying the reserves for loan losses and the estimations of values of collateral and various financial assets and liabilities, that the costs of technological changes are more difficult or expensive than anticipated, the effects of regulatory restrictions imposed on banks generally, any changes in fiscal, monetary or regulatory policies and other uncertainties as discussed in the Bank's Registration Statement on Form SB‑1 filed with the Office of the Comptroller of the Currency. Should one or more of these risks or uncertainties materialize, or should these underlying assumptions prove incorrect, actual outcomes may vary materially from outcomes expected or anticipated by the Bank. A forward-looking statement may include a statement of the assumptions or bases underlying the forward‑looking statement. The Bank believes it has chosen these assumptions or bases in good faith and that they are reasonable. However, the Bank cautions you that assumptions or bases almost always vary from actual results, and the differences between assumptions or bases and actual results can be material. The Bank undertakes no obligation to publicly update or otherwise revise any forward‑looking statements, whether as a result of new information, future events or otherwise, unless the securities laws require the Bank to do so.

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
	Quarter Ended										Six Months Ending
	June 30						%		June 30				%
EARNINGS SUMMARY	2025		2024		Change		2025		2024		Change
Interest income	$	7,455	$	7,107	4.9	%	$	14,430	$	14,041	2.8	%
Interest expense	2,295	2,713	-15.4	%	4,444	5,544	-19.8	%
Net Interest Income	5,160	4,394	17.4	%	9,986	8,497	17.5	%

Service charges on deposits	76	64	18.8	%	146	120	21.6	%
Other income	131	121	8.3	%	238	238	0.0	%
Total Non Interest Income	207	185	11.9	%	384	358	7.3	%


Salaries and benefits expense	1,731	1,319	31.2	%	3,239	2,541	27.5	%
Occupancy and equipment expense	140	122	14.8	%	263	244	7.8	%
Other expense	712	657	8.4	%	1,526	1,277	19.5	%
Total Non Interest Expense	2,583	2,098	23.1	%	5,028	4,062	23.8	%

Pretax pre-provision income	2,784	2,481	12.2	%	5,342	4,793	11.5	%

Gain on sale of Securities	0	(4	)	N/M	6	(4	)	N/M
Gain on sale of Assets	0	36	N/M	0	53	N/M
Provision for Loan Losses	0	0	N/M	0	0	N/M

Earnings before income taxes	2,784	2,514	10.7	%	5,348	4,841	10.5	%
Provision for income taxes	410	360	13.9	%	765	660	15.9	%

Net Earnings	$	2,374	$	2,154	10.2	%	$	4,583	$	4,181	9.6	%

Basic earnings per share	2.18	2.00	2.5	%	4.21	3.87	8.7	%
Basic weighted average shares	1087	1,079	1088	1,079
outstanding

Diluted earnings per share - estimate	2.09	1.91	9.4	%	4.03	3.70	8.9	%
Diluted weighted average shares outstanding	1,137	1,129	1,138	1,129

Average for Quarter						Average for Six Months
	June 30						%		June 30				%
BALANCE SHEET SUMMARY	2025		2024		Change		2025		2024		Change
Total loans	$	317,410	$	306,551	3.5	%	$	309,931	$	304,424	1.8	%
Total short term investments	66,510	25,626	159.5	%	60,265	31,637	90.5	%
FRB Stock	459	435	5.5	%	454	434	4.6	%
Total investment securities	133,949	137,088	-2.3	%	135,125	139,855	-3.4	%

Earning assets	518,327	469,700	10.4	%	505,775	476,350	6.2	%

Total assets	530,621	477,700	11.1	%	517,069	483,981	6.8	%

Noninterest bearing deposits	137,911	131,609	4.8	%	135,966	129,688	4.8	%
Interest bearing deposits	332,645	293,548	13.3	%	321,429	301,289	6.7	%

Total deposits	470,556	425,157	10.7	%	457,395	430,977	6.1	%

Fed Funds Purchased and Repurchase Agreements	0	0	N/M	0	0	N/M

Shareholders' equity	$	62,680	$	54,951	14.1	%	$	61,767	$	54,437	13.5	%

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
	Average for Quarter Ending
	June 30,		March 31,		Dec 31,		Sep 30,		June 30,
BALANCE SHEET SUMMARY	2025		2025		2024		2024		2024
Total loans	$	317,410	$	302,369	$	297,595	$	300,487	$	306,551
Total short term investments	66,510	53,950	84,667	38,112	25,626
FRB Stock	459	449	438	437	435
Total investment securities	133,949	136,314	139,200	137,751	137,088

Earning assets	518,327	493,082	521,900	476,787	469,700

Total assets	530,621	503,366	529,766	485,034	477,700

Noninterest bearing deposits	137,911	133,982	140,237	131,659	131,609
Interest bearing deposits	332,645	310,105	331,293	297,480	293,548

Total deposits	470,556	444,087	471,529	429,139	425,157

Fed Funds Purchased and Repurchase Agreements	0	0	0	0	0

Shareholders' equity	$	62,680	$	60,843	$	58,388	$	56,857	$	54,951

	Quarter Ended
	June 30,		March 31,		Dec 31,		Sep 30,		June 30,
HISTORICAL EARNINGS SUMMARY	2025		2025		2024		2024		2024
Interest income	$	7,455	$	6,975	$	7,426	$	7,112	$	7,107
Interest expense	2,295	2,149	2,681	2,749	2,713
Net Interest Income	5,160	4,826	4,745	4,363	4,394

Service charges on deposits	76	71	70	65	64
Other income	131	106	112	109	121
Total Non Interest Income	207	177	182	174	185

Salaries and benefits expense	1,731	1,508	1,343	1,368	1,319
Occupancy and equipment expense	140	123	117	133	122
Other expense	712	814	575	601	657
Total Non Interest Expense	2,583	2,445	2,035	2,102	2,098

Pretax pre-provision income	2,784	2,558	2,892	2,435	2,481

Gain on sale of securities	0	6	1	4	(4	)
Gain on sale of Other Assets	0	0	0	0	36
Provision for Loan Losses	0	0	350	0	0

Earnings before income taxes	2,784	2,564	2,543	2,439	2,514
Provision for income taxes	410	355	365	340	360

Net Earnings	$	2,374	$	2,209	$	2,178	$	2,099	$	2,154

Diluted earnings per share	$	2.09	$	1.94	$	1.92	$	1.86	$	1.91

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
	Ending Balance
	June 30,		March 31,		Dec. 31,		Sept. 30,		June 30,
HISTORICAL BALANCE SHEET	2025		2025		2024		2024		2024
Total loans	$	325,809	$	304,944	$	305,864	$	296,906	$	304,810
FRB Stock	461	456	439	438	435
Total short term investments	55,130	90,040	69,746	59,576	10,003
Total investment securities	132,989	124,619	138,306	137,510	136,331

Total earning assets	514,389	520,059	514,355	494,430	451,579

Allowance for loan losses	(5,589	)	(5,586	)	(5,583	)	(5,230	)	(5,227	)
Premises and equipment	4,079	4,044	4,123	2,393	2,397
Other Assets	14,296	10,297	9,339	9,739	14,276

Total assets	527,175	528,814	522,234	501,332	463,025

Noninterest bearing deposits	133,902	140,500	146,834	137,594	128,318
Interest bearing deposits	331,050	329,329	318,206	305,010	280,945

Total deposits	464,952	469,829	465,040	442,604	409,263

Fed Funds Purchased and Repurchase Agreements	0	0	0	0	0
Other Liabilities	3,072	2,661	2,711	2,901	2,804

Total liabilities	468,024	472,490	467,751	445,505	412,067

Shareholders' Equity Actual	63,664	62,276	59,758	57,976	55,915
Unrealized Gain/Loss - AFS	(4,513	)	(5,952	)	(5,275	)	(2,149	)	(4,957	)
Total Equity	$	59,151	$	56,324	$	54,483	$	55,827	$	50,958

Quarter Ending
	June 30,		March 31,		Dec. 31,		Sept. 30,		June 30,
NONPERFORMING ASSETS	2025		2025		2024		2024		2024
Nonaccrual loans	$	424	$	949	$	1,047	$	0	$	0
Restructured loans	0	0	0	505	552
Other real estate & foreclosed assets	0	0	0	0	0
Accruing loans past due 90 days or more	0	0	0	0	0
Total nonperforming assets	$	424	$	949	$	1,047	$	505	$	552

Accruing loans past due 30-89 days	$	0	$	1,000	$	0	$	39	$	1,274

Total nonperforming assets as a percentage
of loans and foreclosed assets	0.13	%	0.31	%	0.34	%	0.17	%	0.18	%

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
Quarter Ending
ALLOWANCE FOR	June 30,		March 31,		Dec. 31,		Sept. 30,		June 30,
LOAN LOSSES	2025		2025		2024		2024		2024
Balance at beginning of period	$	5,586	$	5,583	$	5,230	$	5,227	$	5,224
Loans charged off	0	0	0	0	0
Loan recoveries	3	3	3	3	3
Net (charge-offs) recoveries	3	3	3	3	3
Provision for loan losses	0	0	350	0	0
Balance at end of period	$	5,589	$	5,586	$	5,583	$	5,230	$	5,227

Allowance for loan losses
as a percentage of total loans	1.72	%	1.83	%	1.83	%	1.76	%	1.71	%
Allowance for loan losses
as a percentage of nonperforming assets	1318	%	589	%	533	%	1036	%	947	%
Net charge-offs (recoveries) as a
percentage of average loans	0.00	%	0.00	%	0.00	%	0.00	%	0.00	%
Provision for loan losses
as a percentage of average loans	0.00	%	0.00	%	0.11	%	0.00	%	0.00	%

Quarter Ending
	June 30,		March 31,		Dec. 31,		Sept. 30,		June 30,
SELECTED RATIOS	2025		2025		2024		2024		2024
Return on average assets (annualized)	1.79	%	1.76	%	1.64	%	1.73	%	1.80	%

Return on average equity (annualized)	16.69	%	15.67	%	15.85	%	15.91	%	17.42	%

Return on average equity (excluding unrealized gain on investments)	15.15	%	14.52	%	14.92	%	14.77	%	15.68	%

Average shareholders' equity to average assets	11.81	%	12.09	%	11.02	%	11.72	%	11.50	%

Yield on earning assets (tax equivalent)	5.98	%	5.72	%	5.92	%	6.20	%	6.28	%

Effective Cost of Funds	1.77	%	1.75	%	2.06	%	2.31	%	2.31	%

Net interest margin (tax equivalent)	4.21	%	3.97	%	3.86	%	3.89	%	3.97	%

Efficiency ratio (tax equivalent)	45.6	%	46.2	%	39.0	%	43.7	%	43.2	%

End of period book value per common share	$	54.42	$	51.82	$	50.21	$	51.79	$	47.23

End of period book value (excluding unrealized gain/loss on investments)	$	58.57	$	57.29	$	55.08	$	53.78	$	51.82

End of period common shares outstanding (in 000's)	1,087	1,087	1,085	1,078	1,079

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
	Three Months Ending
	June 30, 2025														June 30, 2024
Tax		Tax
	Average		Equivalent		Average		Equivalent
YIELD ANALYSIS	Balance		Interest		Yield		Yield		Balance		Interest		Yield		Yield
Interest Earning Assets:
Short term investment	$	66,510	$	740	4.45	%	4.45	%	$	25,626	$	356	5.56	%	5.56	%
FRB Stock	459	7	6.00	%	6.00	%	435	6	6.00	%	6.00	%
Taxable securities	4,944	52	4.21	%	4.21	%	495	6	4.85	%	4.85	%
Tax Free securities	129,005	1,111	3.44	%	4.36	%	136,593	1,234	3.61	%	4.41	%
Loans	317,409	5,545	6.99	%	6.99	%	306,551	5,504	7.18	%	7.18	%

Total Interest Earning Assets	518,327	7,455	5.75	%	5.98	%	469,700	7,106	6.05	%	6.28	%

Noninterest Earning Assets:
Cash and due from banks	6,199	5,791
Other assets	11,683	7,436
Allowance for loan losses	(5,588	)	(5,227	)

Total Noninterest Earning Assets	12,294	8,000

Total Assets	$	530,621	$	477,700

Interest Bearing Liabilities:
Transaction and Money Market accounts	$	216,131	$	1,165	2.16	%	2.16	%	190,542	$	1,522	3.20	%	3.20	%
Certificates and other time deposits	116,430	1,130	3.88	%	3.88	%	103,006	1,191	4.62	%	4.62	%
Other borrowings	0	0	0.00	%	0.00	%	0	0	0.00	%	0.00	%

Total Interest Bearing Liabilities	332,561	2,295	2.76	%	2.76	%	293,548	2,713	3.70	%	3.70	%
Noninterest Bearing Liabilities:
Demand deposits	137,995	131,609
Other liabilities	3,154	3,069
Shareholders' Equity	56,911	49,474

Total Liabilities and Shareholders Equity	$	530,621	$	477,700

Net Interest Income and Spread	$	185,766	$	5,160	2.99	%	3.22	%	176,152	$	4,393	2.35	%	2.59	%

Net Interest Margin	3.98	%	4.21	%	3.74	%	3.97	%

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)
June 30		June 30
	2025		%		2024		%
LOAN PORTFOLIO
Commercial and industrial	$	164,845	50.60	%	$	164,397	53.93	%
Real estate:
Commercial	109,089	33.48	%	96,074	31.52	%
Residential	13,100	4.02	%	16,263	5.34	%
Construction and development	38,427	11.79	%	27,722	9.09	%
Consumer	348	0.11	%	354	0.12	%

Total loans	$	325,809	100.00	%	304,810	100.00	%

	June 30		June 30
	2025		2024
REGULATORY CAPITAL DATA
Tier 1 Capital	$	63,663	$	55,914
Total Capital (Tier 1 + Tier 2)	$	66,622	$	60,247
Total Risk-Adjusted Assets	$	346,179	$	345,039
Tier 1 Risk-Based Capital Ratio	17.99	%	16.21	%
Total Risk-Based Capital Ratio	19.25	%	17.46	%
Tier 1 Leverage Ratio	12.37	%	11.70	%

OTHER DATA
Full Time Equivalent
Employees (FTE's)	31	29

Stock Price Range
(For the Three Months Ended):
High	$	87.50	$	94.00
Low	$	86.50	$	86.75
Close	$	87.00	$	89.75

SOURCE: Trinity Bank, NA (Fort Worth, Texas)

View the original press release on ACCESS Newswire

F.Wilson--AT

Arizona Tribune - Trinity Bank Reports 2025 2nd Quarter Net Income up 10.2% to $ 2,374,000 - Return on Assets 1.79%

Trinity Bank Reports 2025 2nd Quarter Net Income up 10.2% to $ 2,374,000 - Return on Assets 1.79%

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