Business
Coeur d'Alene Bancorp Announces Its Fourth Quarter 2025 Results
Coeur d'Alene Bancorp Announces Its Fourth Quarter 2025 Results.
About this update from Coeur D Alene Bancorp
[{"type":"text","content":"\r\n\r\n \r\n \r\n Coeur d'Alene Bancorp Announces Its Fourth Quarter 2025 Results\r\n \r\n \r\n\r\n\r\nCoeur d'Alene Bancorp Announces Its Fourth Quarter 2025 Results\r\n\r\n\r\n\r\n\r\n\r\nCOEUR D'ALENE, ID / ACCESS Newswire / January 15, 2026 / Coeur d'Alene Bancorp (OTC PINK:CDAB), the parent company of bankcda, is pleased to announce its results for the fourth quarter 2025.\r\n Coeur d'Alene Bancorp, today reported net income of $559,083 or $0.29 per share for the fourth quarter 2025, compared to $452,990 or $0.24 per share for the fourth quarter 2024. Net income of $1,583,847 or $0.83 per share for the twelve months ended December 31, 2025, was also reported, compared to $1,475,207 or $0.78 per share for the twelve months ended 2024. All results are unaudited.\r\n \"Overall, we are pleased with 2025 performance, net income increased each quarter and grew 7.4% year over year. We were able to increase our net interest margin as investments matured, allowing for reinvestment into higher yielding instruments, coupled with decreasing interest costs, our net interest margin reached 4% for the first time since 2019. As anticipated non-interest expense increased 17.1% over prior year, as a result of two new branches opening during the year,\" said Wes Veach, President and Chief Executive Officer.\r\n Veach continued, \"Total assets grew slightly ending the year at $242.7 million, an increase of $1.3 million or 0.5% compared to December 31, 2024. Both loans and deposits increased during the year with gross loans increasing slightly by 0.8%, while deposits grew 6.8%, driven by growth in Kootenai and Shoshone counties. Strong deposit growth throughout the year resulted in repayment of our borrowings which contributed to the decrease in interest expense. Although loan totals showed minimal growth, we added $379,500 to our already strong allowance for loan losses which ended the year at 1.51% of gross loans.\r\n \"We have entered into a purchase sale agreement in Richland, WA with the intent of moving our existing branch to a permanent, full-service branch during 2026, in an effort to gain traction in the market,\" concluded Veach.\r\n Financial Highlights:\r\n \r\n Diluted earnings per share were $0.82 for twelve months ended 2025, versus $0.77 per share for twelve months ended 2024.\r\n Net book value per share ended the quarter at $...