Texas Community Bancshares' Q1 net income rises on higher loan yields

Texas Community Bancshares

24/04/2026 16:45

Overview

US regional bank's Q1 net income rose 30% yr/yr

Net interest income for Q1 increased 3.1% from prior year

Company broke ground on new branch in Terrell, Texas as part of expansion

Outlook

Texas Community Bancshares plans to expand into the outer DFW market with new branch in Terrell

Result Drivers

HIGHER LOAN YIELDS - Loan interest rose 5.8% and loan yields increased 26 basis points to 6.14%, offsetting declines in securities income

LOWER FUNDING COSTS - Cost of interest-bearing deposits fell 12 basis points to 2.33% and average interest-bearing deposits declined 3.5% yr/yr, reducing interest expense

NONINTEREST INCOME GROWTH - Noninterest income rose 51% yr/yr, mainly due to rental income from a foreclosed multifamily property and a referral fee from a loan payoff

Company press release: ID:nPn1T5NBwa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
$836,000
Q1 Net Interest Income
$3.43 mln
Q1 Pretax Profit
$955,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)