BERLIN, MD / ACCESS Newswire / June 3, 2026 / Calvin B. Taylor Bankshares, Inc. (the "Company") (OTCQX:TYCB), the holding company of Calvin B. Taylor Bank (the "Bank"), today reported net income for the first quarter 2026 ("1Q26") of $3.8 million, or $1.44 per share compared to net income of $3.6 million, or $1.34 per share for the fourth quarter of 2025 ("4Q25"), and net income of $3.7 million, or $1.36 per share for the first quarter of 2025 ("1Q25").
First Quarter 2026 Highlights
Organic Loan Growth - Gross loans increased in 1Q26 by $29.1 million, or 4.4% when compared to the end of 4Q25 and increased $46.8 million, or 7.3% when compared to the end of 1Q25. Diversification in both commercial and residential real estate lending has supported continued organic loan growth.
Continued Deposit Growth - Total deposits increased $4.5 million, or less than 1% when compared to the end of 4Q25 and increased $33.9 million, or 4.1% when compared to the end of 1Q25. Seasonal deposit outflows were more than offset by new customer acquisition and the expansion of existing deposit relationships.
Net Interest Margin Expansion - Net interest margin ("NIM") increased to 3.98% for 1Q26, when compared to 3.90% for 4Q25 and 3.73% for 1Q25. NIM expansion was driven by an improvement in yield on earning assets including loans and investment securities.
