AVBH · AVBH Q2 FY2026 earnings call record财报电话会记录

“The margin held up, and our core profitability remains strong.”

“Excluding those items, adjusted net income was $8.2 million, or $0.76 a share, and our adjusted return on assets was 1.28%.”

“We've proactively risk-rated those and are actively managing that.”

“Turning to growth, which is really what we're all about, loans grew $51 million in the quarter or about 9% annualized, and are up $312 million or 16% over the past year.”

“We're going to continue to target low double-digit growth in loans and deposits, and we feel good about our positioning for the balance of the year.”

“The net interest margin for the second quarter was 426, down 12 basis points from 438 in the first quarter, and in line with the guidance we provided last earnings call.”

“Net interest income was $26.7 million, up $181,000 from the first quarter, as higher average earning assets were partially offset by a lower FHLB dividend and higher deposit costs.”

“The cost of interest-bearing deposits rose 8 basis points to 306 from the increased deposit pricing pressure we experienced in Q1 and early Q2.”

“Spot rate was 307 at June 30th, compared to 303 at March 31st, as deposit pricing pressure moderated some during the quarter.”

“Our capital ratios remain strong with a Tier 1 leverage ratio of 1150 and a total risk-based capital ratio of 1279 at quarter end.”

“Just love to hear kind of some of the moving parts there and the bigger picture thoughts on your customer base, both in the regional and the national business lines.”

“As you know, whenever there's these merger sales, that it works for a certain portion of the bankers and the management of the target bank.”