Revenue: As of FY2025, the actual value is USD 282.6 M.EBIT: As of FY2025, the actual value is USD -91.89 M.<h4>Overall Financial Performance</h4>大众信托合众银行 reported record net income of $98.1 million for the year ended December 31, 2025, an 18.4% increase from $82.8 million in the prior year. Total revenue for 2025 reached $282.6 million, an increase of $34.0 million over the prior year. This growth was primarily driven by a $33.0 million increase in net interest revenue and a $1.1 million increase in noninterest income, partially offset by a $1.5 million rise in the provision for credit losses and a $12.1 million increase in noninterest expense compared to the prior year. The company’s return on average assets (ROAA) was 1.53%, and return on average equity (ROAE) was 12.07% for 2025. Total assets stood at $6.68 billion, with loans at $4.89 billion and deposits, including repurchase agreements, at $5.70 billion as of December 31, 2025. Shareholders’ equity increased by 13.0% to $856.1 million at year-end 2025. Trust assets under management were $4.1 billion at December 31, 2025, including Community Trust Bank, Inc.’s investment portfolio totaling $1.1 billion.<h4>Net Interest Income</h4>Net interest income for 2025 was $219.0 million, marking a 17.7% increase ($33.0 million) from the prior year. The net interest margin, on a fully tax equivalent basis, increased by 26 basis points in 2025 compared to 2024. The yield on average earning assets increased by 6 basis points, while the cost of interest-bearing funds decreased by 35 basis points.<h4>Provision for Credit Losses</h4>The provision for credit losses increased to $12.4 million in 2025, up $1.5 million from $11.0 million in 2024. Of this, $12.5 million was allocated for changes in loan volume and composition, - $0.2 million was credited for unfunded commitments, and $0.1 million was allotted based on quantitative and qualitative factors.<h4>Noninterest Income</h4>Total noninterest income for 2025 was $63.6 million, a 1.7% increase ($1.1 million) from 2024. This was primarily due to increases in trust and wealth management income ($1.9 million), insurance commissions ($0.4 million), and net gains on the sale of fixed assets ($0.5 million). These gains were partially offset by decreases in loan-related fees (- $0.9 million), securities gains (- $0.3 million), and bank-owned life insurance revenue (- $0.8 million). A $0.5 million gain on the sale of fixed assets resulted from the sale of a branch location and parking lot in the Mt. Sterling Market during Q4 2025.<h4>Noninterest Expense</h4>Noninterest expense rose to $143.1 million in 2025, a 9.3% increase ($12.1 million) from $130.9 million in 2024. This increase was mainly driven by higher personnel expenses ($6.1 million, including salaries up $2.1 million, bonuses and incentives up $1.9 million, and other employee benefits up $2.1 million), data processing ($1.5 million), occupancy and equipment ($1.0 million), taxes other than property and payroll ($0.6 million), and legal fees ($0.5 million). Contribution expense also increased by $0.7 million, largely due to a $0.4 million donation of a Mt. Sterling branch location.<h4>Loan Portfolio</h4>As of December 31, 2025, the loan portfolio totaled $4.9 billion, representing a 9.1% increase ($408.3 million) from the prior year. This growth included a $220.6 million increase in the commercial loan portfolio, a $182.8 million increase in the residential loan portfolio, and a $12.2 million increase in the indirect loan portfolio, partially offset by a - $7.3 million decrease in the consumer direct loan portfolio. Commercial loans comprised $2.49 billion (9.7% increase YoY), residential loans $1.39 billion (15.1% increase YoY), and consumer loans $1.01 billion (0.5% increase YoY).Net loan charge-offs for 2025 were $7.4 million, or 0.16% of average loans, compared to $5.5 million, or 0.13% of average loans, in 2024. Commercial loans accounted for - $3.0 million in charge-offs, residential loans - $0.2 million, consumer indirect loans - $3.6 million, and consumer direct loans - $0.6 million.<h4>Asset Quality</h4>Total nonperforming loans decreased by 28.2% to $19.2 million (0.39% of total loans) at December 31, 2025, from $26.7 million (0.59% of total loans) at December 31, 2024. Nonaccrual loans decreased by $7.8 million to $8.5 million. The reserve coverage (allowance for credit losses to nonperforming loans) was 314.0% at December 31, 2025, significantly up from 206.0% at December 31, 2024. The allowance for credit losses to nonaccrual loans was 704.6% in 2025, compared to 335.8% in 2024.<h4>Deposits and Repurchase Agreements</h4>Total deposits, including repurchase agreements, increased by 7.3% ($387.5 million) to $5.7 billion at December 31, 2025. Noninterest-bearing deposits increased by 1.7% to $1.26 billion, while interest-bearing deposits and repurchase agreements increased by 9.0% to $4.43 billion.<h4>Liquidity</h4>As of December 31, 2025, cash and cash equivalents totaled $363.7 million, with unpledged securities valued at an estimated fair value of $174.7 million available for liquidity needs. The available borrowing position with the Federal Home Loan Bank increased to $546.9 million in 2025 from $485.0 million in 2024.<h4>Outlook / Guidance</h4>For 2026, 大众信托合众银行 projects basic earnings per share between $5.78 and $6.02 and net income between $105.1 million and $109.3 million. The company targets revenues of $294.7 million to $306.7 million, with noninterest revenue projected to be between 22.0% and 24.5% of total revenue. Expected growth includes total assets between $6.80 billion and $7.23 billion, loans between $5.02 billion and $5.22 billion, and deposits, including repurchase agreements, between $5.83 billion and $6.07 billion.

Community Trust Bancorp | 10-K: FY2025 Revenue: USD 282.6 M