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OXFORD BANK CORPORATION ANNOUNCES THIRD QUARTER 2025 AND NINE-MONTH OPERATING RESULTS
OXFORD BANK CORPORATION ANNOUNCES THIRD QUARTER 2025 AND NINE-MONTH OPERATING RESULTS.
About this update from Oxford Bank Corporation
[{"type":"text","content":"\r\n\r\n \r\n \r\n OXFORD BANK CORPORATION ANNOUNCES THIRD QUARTER 2025 AND NINE-MONTH OPERATING RESULTS\r\n \r\n \r\n\r\n\r\nOXFORD BANK CORPORATION ANNOUNCES THIRD QUARTER 2025 AND NINE-MONTH OPERATING RESULTS\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n OXFORD, Mich., Nov. 3, 2025 /PRNewswire/ -- Oxford Bank Corporation (\"the Company\") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank (\"the Bank\"), today announced operating results for the third quarter ended September 30, 2025.\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n The Company's quarterly consolidated earnings for the three months ended September 30, 2025, were $3.06 million, or $1.24 per weighted average share, compared to $2.75 million, or $1.12 per weighted average share for the same period one year ago and $2.78 million, or $1.13 per weighted average share for the second quarter of 2025.  President and CEO, David Lamb, commented, \"We are pleased with the performance during the quarter and year-to-date. As many of our team members are also owners, we prize the consistency we have achieved year to date. However, we are well aware of our need to continue to grow and change in an extremely competitive environment on a less than equal playing field i.e. credit unions' tax exemption is only one of several impediments. Our team is up to the challenge of transforming while growing even against a likely reduction in our several years of unprecedented margin. We aren't moving away from our strategy of people-oriented relationship supplemented by technology to improve clients' experience only accelerating change on the experience part. Clearly, our strength is our team's ability to build relationships, and we need to help them with a tool kit that helps not hinder that process. We are cautiously optimistic that AI will play a role in improving our competitiveness but not an overnight fix. I do remain confident in our ability to deliver consistent value to our stakeholders and believe we have a team that will do just that.\"\r\n Lamb continued, \"Comparing to prior year, net interest income grew at a 6% rate compared to noninterest expense increases of only 3%.  This profitable growth indicates that we are effectively scaling our investments in technology and infrastructure. Net interest income is the lifeblood of community banks like Oxford and provides a sta...