1st Summit Bancorp Q3 2026 net income rises 50% year over year to $2.55 million
FSMK•1st Summit Bancorp of Johnstown’s third-quarter 2026 net income rose 50% year over year to $2.55 million, while net interest income climbed 19% to $9.54 million and net interest margin reached 2.63%.
1. Quarterly results
1st Summit Bancorp of Johnstown reported third-quarter 2026 net income of $2.55 million, up 50% year over year. Net interest income increased 19% to $9.54 million, and net interest margin reached 2.63%.
2. Equity and outlook
Quarter-end shareholders’ equity fell 9% from June to $99.49 million, primarily reflecting increased accumulated other comprehensive losses. Management expects further fourth-quarter margin expansion to depend increasingly on continued loan growth, while maintaining disciplined pricing and developing deposit relationships.
