CBB Bancorp Q2 FY26 net income drops 13.6% to $4.9 million; efficiency ratio widens 5.7 percentage points to 60.55%
CBBI•Balance sheet and lending activity
Loans receivable total $1.52 billion, up 3.9% from Q1, while deposits slip 1.4% to $1.66 billion.
Loan originations reach $152 million. SBA loan sales total $37.1 million at an 8.2% average premium as the bank opens a Flushing, New York branch.
Quarterly earnings decline as expenses rise
CBB Bancorp posts Q2 2026 net income of $4.9 million, down 13.6% from Q1. Diluted EPS falls to $0.46 from $0.53.
Net interest income rises 3.6% from Q1 to $15.4 million, and net interest margin widens 0.09 percentage points to 3.22%.
Noninterest income drops 15.3% to $3.1 million while noninterest expense climbs 10.3% to $11.2 million, pushing the efficiency ratio to .
