Solera National Bancorp Announces Fourth Quarter 2025 Financial Results

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Solera National Bancorp Announces Fourth Quarter 2025 Financial Results

ECONOMY 30.01.2026

Q4 2025 pre-tax and pre-provision income of $9.0 million, a NEW RECORD!

Net income of $5.9 million ($1.37 per share).

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LAKEWOOD, CO / ACCESS Newswire / January 30, 2026 / Solera National Bancorp, Inc. (OTC:SLRK) ("Company"), the holding company for Solera National Bank ("Bank"), a business-focused bank located in the Denver metropolitan area, today reported financial results for the three months ended December 31, 2025. See highlights below.

4Q25 Financial Highlights

Pre-tax pre-provision income of $9.0 million, a $2.1 million or 31% increase from Q4 2024.
Non-interest income of $3.9 million, a $2.4 million increase, or a 172% increase from Q4 2024.
Tangible book value per share was $24.86/share, a $4.17 or 20% increase from Q4 2024.
Return on assets was 1.74%.
Return on equity was 22.28%.
Efficiency ratio was 50.56%.

Steve Snailum, COO, commented: "A record quarter to close out a record year. Solera continues to demonstrate strategic execution and agility through relentless evaluation of all internal and external opportunities. The ability of the staff to execute their roles with extreme efficiency and accuracy has enabled the bank to grow in a way that benefits shareholders, customers, and employees. I am so proud of the work that the team here has done and could not be more excited about the year ahead."

Jordan Wright, Board Member, commented: "The team at Solera has delivered an incredible quarter, yet again. We feel grateful for an excellent 2025, exceeding our own expectations for the year due to some unique opportunities that came our way. Our success with earnings over the last few years has been nothing short of astounding. While the results from 2025 will be difficult to beat, we have positioned ourselves for strong performance in 2026 and are very optimistic about the future of this bank."

Joey Warmenhoven, Board Member, commented: "SLRK has again posted an excellent quarter. Our consistent performance is a true testament to the hard work of our team. We are in the top percentile of community banks for earnings. Our team continues to find a way to generate strong ROA and ROE numbers despite challenging banking environments."

About Solera National Bancorp, Inc.

Solera National Bancorp, Inc. was incorporated in 2006 to organize and serve as the holding company for Solera National Bank, which opened for business in September 2007. Solera National Bank is a community bank serving the needs of emerging businesses and real estate investors. At the core of Solera National Bank is welcoming, attentive, and respectful customer service, a focus on supporting a growing and diverse economy, and a passion to serve our community through service, education, and volunteerism. For more information, please visit http://www.SoleraBank.com.

This press release contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements contained in this release, which are not historical facts and that relate to future plans or projected results of Solera National Bancorp, Inc. and its wholly-owned subsidiary, Solera National Bank, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, or implied. We undertake no obligation to update or revise any forward-looking statement. Readers of this release are cautioned not to put undue reliance on forward-looking statements.

Contacts: Jay Hansen, CFO (303) 209-8600

SOLERA NATIONAL BANCORP, INC.
CONSOLIDATED BALANCE SHEET
(unaudited)

($000s)	12/31/2025		9/30/2025		6/30/2025		3/31/2025		12/31/2024
ASSETS
Cash and due from banks	$	2,280	$	1,378	$	1,969	$	2,401	$	1,576
Federal funds sold	-	23,900	-	-	800
Interest-bearing deposits with banks	1,706	1,872	2,963	1,033	148
Investment securities, available-for-sale	650,464	324,376	422,112	290,397	322,375
FHLB and Federal Reserve Bank stocks, at cost	16,144	3,171	5,004	5,525	7,457
Paycheck Protection Program (PPP) loans, gross	-	-	-	5	20
Net PPP loans	-	-	-	5	20
Traditional loans, gross	829,057	764,433	754,518	766,687	792,753
Allowance for loan and lease losses	(12,225	)	(11,218	)	(11,219	)	(10,914	)	(10,913	)
Net traditional loans	816,832	753,215	743,299	755,773	781,840
Premises and equipment, net	36,469	36,911	35,128	33,236	33,476
Accrued interest receivable	12,609	8,148	10,244	7,153	7,750
Bank-owned life insurance	5,256	5,223	5,190	5,159	5,127
Other assets	11,094	11,032	13,433	11,103	8,820
TOTAL ASSETS	$	1,552,854	$	1,169,226	$	1,239,342	$	1,111,785	$	1,169,389

LIABILITIES AND STOCKHOLDERS' EQUITY
Noninterest-bearing demand deposits	$	471,977	$	452,965	$	463,861	$	466,455	$	484,604
Interest-bearing demand deposits	97,338	88,048	65,761	60,507	54,734
Savings and money market deposits	134,847	121,868	138,964	104,560	100,987
Time deposits	421,479	358,976	436,547	287,378	294,338
Total deposits	1,125,641	1,021,857	1,105,133	918,900	934,663

Accrued interest payable	1,531	1,587	2,528	1,808	2,587
Short-term borrowings	278,525	-	-	60,191	104,607
Long-term FHLB borrowings	34,000	34,000	34,000	34,000	34,000
Accounts payable and other liabilities	6,267	6,392	5,336	6,087	4,576
TOTAL LIABILITIES	1,445,964	1,063,836	1,146,997	1,020,987	1,080,434

Common stock	43	43	43	43	43
Additional paid-in capital	38,748	38,793	38,778	38,763	38,748
Retained earnings	95,461	89,549	83,008	77,076	72,455
Accumulated other comprehensive (loss) gain	(27,362	)	(22,995	)	(29,484	)	(25,084	)	(22,291	)
TOTAL STOCKHOLDERS' EQUITY	106,890	105,390	92,345	90,798	88,955
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	1,552,854	$	1,169,226	$	1,239,342	$	1,111,785	$	1,169,389

SOLERA NATIONAL BANCORP, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)
Three Months Ended

($000s, except per share data)	12/31/2025		9/30/2025		6/30/2025		3/31/2025		12/31/2024
Interest and dividend income
Interest and fees on traditional loans	$	13,632	$	12,802	$	12,791	$	13,101	$	13,615
Investment securities	5,515	4,275	4,831	3,490	3,297
Dividends on bank stocks	194	91	180	175	131
Other	28	26	21	49	13
Total interest income	$	19,369	$	17,194	$	17,823	$	16,815	$	17,056
Interest expense
Deposits	6,867	6,463	6,235	4,959	5,564
FHLB & Fed borrowings	1,588	550	1,410	1,550	1,223
Total interest expense	8,455	7,013	7,645	6,509	6,787
Net interest income	10,914	10,181	10,178	10,306	10,269
Provision for loan and lease losses	1,010	6	310	7	6
Net interest income after provision for loan and lease losses	9,904	10,175	9,868	10,299	10,263
Noninterest income
Customer service and other fees	262	284	291	300	470
Other income	310	711	677	807	954
Gain on sale of securities	3,297	2,986	2,709	-	-
Total noninterest income	3,869	3,981	3,677	1,107	1,424
Noninterest expense
Employee compensation and benefits	2,560	2,838	2,827	2,656	2,611
Occupancy	550	538	553	448	492
Professional fees	1,137	677	330	259	309
Other general and administrative	1,560	1,629	1,593	1,694	1,437
Total noninterest expense	5,807	5,682	5,303	5,057	4,849
Net Income Before Taxes	$	7,966	$	8,474	$	8,242	$	6,349	$	6,838
Income Tax Expense	2,054	1,934	2,309	1,711	1,526
Net Income	$	5,912	$	6,540	$	5,933	$	4,638	$	5,312

Income Per Share	$	1.37	$	1.52	$	1.38	$	1.08	$	1.24
Tangible Book Value Per Share	$	24.86	$	24.51	$	21.48	$	21.12	$	20.69
WA Shares outstanding	4,299,953	4,299,953	4,299,953	4,299,953	4,299,953
Pre-Tax Pre-Provision Income	$	8,976	$	8,480	$	8,552	$	6,356	$	6,844
Net Interest Margin	3.55	%	3.70	%	3.56	%	3.93	%	3.81	%
Cost of Funds	2.72	%	2.54	%	2.66	%	2.49	%	2.51	%
Efficiency Ratio	50.56	%	50.84	%	47.58	%	44.31	%	41.47	%
Return on Average Assets	1.74	%	2.17	%	2.02	%	1.63	%	1.82	%
Return on Average Equity	22.28	%	26.46	%	25.92	%	20.64	%	23.86	%
Leverage Ratio	8.6	%	11.0	%	9.8	%	10.4	%	9.5	%

Asset Quality:
Non-performing loans to gross loans	0.55	%	0.59	%	0.60	%	0.42	%	0.52	%
Non-performing assets to total assets	0.29	%	0.39	%	0.37	%	0.29	%	0.35	%
Allowance for loan losses to gross traditional loans	1.47	%	1.47	%	1.49	%	1.42	%	1.38	%
* Not meaningful due to the insignificant amount of non-performing loans.

Criticized loans/assets:
Special mention	$	18,986	$	19,306	$	2,842	$	11,103	$	10,730
Substandard: Accruing	44,873	35,447	39,971	19,641	14,911
Substandard: Nonaccrual	4,757	8,281	4,526	3,251	4,142
Doubtful	-	-	-	-	-
Total criticized loans	$	68,616	$	63,034	$	47,339	$	33,995	$	29,782
Other real estate owned	-	-	-	-	-
Investment securities	-	-	-	-	-
Total criticized assets	$	68,616	$	63,034	$	47,339	$	33,995	$	29,782
Criticized assets to total assets	4.42	%	5.39	%	3.82	%	3.06	%	2.55	%

SOURCE: Solera National Bancorp, Inc.

View the original press release on ACCESS Newswire

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Arizona Tribune - Solera National Bancorp Announces Fourth Quarter 2025 Financial Results

Solera National Bancorp Announces Fourth Quarter 2025 Financial Results

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