Business
National Capital Bancorp, Inc. Reports Fourth Quarter and Full Year Earnings and Quarterly Cash Dividend
National Capital Bancorp, Inc. Reports Fourth Quarter and Full Year Earnings and Quarterly Cash Dividend.
About this update from National Cap Bancorp Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n National Capital Bancorp, Inc. Reports Fourth Quarter and Full Year Earnings and Quarterly Cash Dividend\r\n \r\n \r\n\r\n\r\nNational Capital Bancorp, Inc. Reports Fourth Quarter and Full Year Earnings and Quarterly Cash Dividend\r\n\r\n\r\n\r\n\r\n\r\nWASHINGTON, D.C. / ACCESS Newswire / January 28, 2026 / Washington, DC, National Capital Bancorp, Inc. (the \"Company\") (OTCID:NACB), the holding company for The National Capital Bank of Washington (\"NCB\" or the \"Bank\") reported net income of $1,659,000, or $1.44 per common share, for the three months ended December 31, 2025, compared to net income of $1,965,000 or $1.71 per common share, for the quarter ended December 31, 2024. For the year ended December 31, 2025, the Company reported net income of $7,033,000, or $6.12 per common share, compared to $6,381,000, or $5.55 per common share for the year ended December 31, 2024. Earnings per share, cash dividends per share and average shares outstanding have been adjusted to reflect the November 2024 4:1 stock split paid in the form of a stock dividend. The increase in year-to-date earnings was primarily attributable to higher net interest income driven by continued net interest margin expansion. While strong revenue growth and effective expense management aided financial performance for the fourth quarter of 2025, the quarter was negatively affected by an increase in provision for credit losses due to an increase in specific reserves on new and existing non-performing loans.\r\n Total assets ended the quarter at $763,751,000 on December 31, 2025. Total loans of $541,878,000 on December 31, 2025, reflected an increase of $4.1 million during the quarter and an increase of $22.7 million (4.4%) over the past twelve months. Total deposits increased $34.7 million during the quarter to $678,192,000 on December 31, 2025, and have increased $50.0 million (8.0%) over the past twelve months. The Company has focused on balanced growth over the past year with deposit growth providing funding for new loan opportunities. As a result, the Company continues to experience a relatively low reliance on wholesale funding sources and maintains strong levels of cash and available secured borrowing capacity to meet the financing and cash flow needs of our client base as well as continuing to pursue desirable new relationship opportu...