PB Financial Corporation (OTCQX:PBNC), the parent company of Providence Bank, reported net income available to common shareholders of $6.59 million for the quarter ended September 30, 2026. The result compared with $5.71 million for the same period in 2025, an increase of 15.45%.
For the nine months ended September 30, 2026, net income available to common shareholders was $18.21 million, compared with $15.52 million for the corresponding period in 2025. The company reported an increase of 17.31%.
Basic earnings were $6.30 per share for the nine-month period, up from $5.41 per share for the same period in 2025. The increase was 16.45%. Book value per common share stood at $47.28 on September 30, 2026, compared with $43.75 on September 30, 2025, an increase of 8.07%.
PB Financial Corporation reported total assets of $1.557 billion at September 30, 2026, compared with $1.391 billion a year earlier. The company reported an increase of 11.91%.
Total deposits were $1.284 billion at the end of the third quarter of 2026, compared with $1.179 billion at the end of the third quarter of 2025. Gross loans were $1.313 billion, compared with $1.181 billion in the comparable period. The reported increases were 8.89% for deposits and 11.20% for gross loans.
The company paid a third-quarter dividend of $0.63 per share on August 21, 2026, for each outstanding common share. PB Financial Corporation described the payment as its 59 th consecutively increased quarterly cash dividend paid to shareholders.
Ted E. Whitehurst, president and chief executive officer of PB Financial Corporation, said the company had recorded over 11% growth in total assets and an over 17% increase in net income available to common shareholders year-to-date. He also attributed the company’s efficiency to the work of its employees.
The release reported an allowance for credit losses to loans of 0.85 %, compared with 0.89 % for the comparable period. Non-performing assets to total assets were 0.13 %, compared with 0.05 %.
Net charge-offs/(recoveries) to loans were (0.01)%, compared with 0.00 %. Non-accrual loans were reported at $ 1,472, while loans 90 days past due and still accruing were $ 608. Other real estate owned was $ -.
The reported information for the quarters ended September 30, 2026 and September 30, 2025 was unaudited.
Providence Bank is a state-chartered community bank headquartered in Rocky Mount, North Carolina. Its branches are located in Rocky Mount, Tarboro, Nashville, Wilson, Raleigh, Jacksonville, Holly Ridge, Morehead City and Richlands.
Third-quarter net income available to common shareholders was $6.59 million, compared with $5.71 million in the same period of 2025.
Nine-month net income available to common shareholders reached $18.21 million, compared with $15.52 million a year earlier.
Total assets were $1.557 billion at September 30, 2026, while deposits were $1.284 billion and gross loans were $1.313 billion.
Basic earnings for the nine months were $6.30 per share, and book value per common share was $47.28.
The company paid a $0.63 per-share dividend on August 21, 2026, and said the payment represented its 59 th consecutively increased quarterly cash dividend.
PB Financial Corporation reported net income available to common shareholders of $6.59 million for the quarter ended September 30, 2026, compared to $5.71 million for the same period in 2025. The company also reported nine-month net income of $18.21 million, compared to $15.52 million for the same period in 2025.
PB Financial Corporation’s quarterly net income available to common shareholders increased 15.45%, from $5.71 million for the same period in 2025 to $6.59 million for the quarter ended September 30, 2026.
For the nine months ended September 30, 2026, PB Financial Corporation reported net income available to common shareholders of $18.21 million, an increase of 17.31% from $15.52 million for the same period in 2025.
PB Financial Corporation reported total assets of $1.557 billion at September 30, 2026, compared to $1.391 billion at September 30, 2025, an increase of 11.91%.
At the end of the third quarter of 2026, PB Financial Corporation reported total deposits of $1.284 billion and gross loans of $1.313 billion. The comparable figures for the end of the third quarter of 2025 were $1.179 billion and $1.181 billion, representing increases of 8.89% and 11.20% respectively.
PB Financial Corporation reported basic earnings of $6.30 per share for the nine months ended September 30, 2026, compared to $5.41 per share for the same period in 2025, an increase of 16.45%.
PB Financial Corporation reported book value per common share of $47.28 at September 30, 2026, compared to $43.75 at September 30, 2025, an increase of 8.07%.
PB Financial Corporation paid a third quarter dividend of $0.63 per share on August 21, 2026, for each share of common stock outstanding. The company said this was its 59 th consecutively increased quarterly cash dividend paid to shareholders.
Ted E. Whitehurst, President and CEO of PB Financial Corporation, said the company continued to experience growth throughout the organisation, including over 11% growth in total assets and over 17% growth in net income available to common shareholders year-to-date. He attributed the company’s efficiency to the hard work and effort of its employees.
Ted E. Whitehurst said PB Financial Corporation would continue to look for opportunities to further enhance shareholder value. The release also states that forward-looking statements are subject to significant risks and uncertainties, and that actual or future results or events may differ from those statements.
PB Financial Corporation is the holding company for Providence Bank, a state-chartered community bank headquartered at 450 N. Winstead Avenue in Rocky Mount, North Carolina. Providence Bank has branches in Rocky Mount, Tarboro, Nashville, Wilson, Raleigh, Jacksonville, Holly Ridge, Morehead City and Richlands.
PB Financial Corporation’s shares are identified in the release as trading on OTCQX under the ticker symbol PBNC.
The release lists allowance for credit losses to loans at 0.85 %, non-performing assets to total assets at 0.13 %, net charge-offs/(recoveries) to loans at (0.01)%, non-accrual loans at $ 1,472 and 90 days past due and still accruing at $ 608. The release also states that the information for the quarters ended September 30, 2026 and September 30, 2025 was unaudited.