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Security Bancorp reports Q3 net income of $1.7M, up from $1.5M last year, driven by higher loans and interest income.

Company Fundamentals
05 Nov 2026, 18:28 WIB
GlobeNewsWire
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Bullish
Security Bancorp reports Q3 net income of $1.7M, up from $1.5M last year, driven by higher loans and interest income.

Security Bancorp, Inc. announced a net income of $1.7 million for Q3 2026, up from $1.5 million in the same quarter last year, reflecting growth in loans and higher interest rates. Net interest income rose 14.5% to $4.0 million due to increased loans and lower interest expenses. Despite a slight decrease in non-interest income and a rise in non-interest expenses, the company saw overall asset growth to $393.2 million, supported by increased deposits and advances. The company’s loan portfolio expanded by 7.1%, mainly in mortgage and commercial real estate loans, with provisions for credit losses increasing due to loan growth. Security Bancorp’s financial position remains strong with a solid allowance for loan losses and increased stockholders' equity.

Security Bancorp, Inc.'s Q3 2026 earnings provide context for readers interested in financials. For readers following the Financials sector, here is Pluang's market snapshot as of Nov 05, 2026 22:12 WIB: Among 142 priced Financials-sector US stocks, 60 rose and 81 fell. Notably, CRCL traded at USD 68.90 with a 1-day change of -9.49% and 100% buy order activity, contrasting with WU at USD 7.20 gaining 9.26% but with a near-even sell/buy split, and BMNR at USD 19.70 down 9.34% with a shorter typical hold time of 5 days.

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