November 3, 2025
Lyons Bancorp Inc., the parent financial holding company of The Lyons National Bank (LNB), continued its strong and consistent financial performance through the third quarter of 2025. This success—both current and historical—is built on a foundation of providing a comprehensive and well-understood range of products and services designed to meet the diverse needs of our marketplace and customer base.
Our knowledgeable staff delivers exceptional service across all areas of banking—from small business lending to complex commercial loans, from agricultural lending of all kinds to residential mortgages and investment services, to name just a few.
Thomas L. Kime, President and CEO, states, “As a local community bank, we know our customers well and believe strongly in supporting their growth and that of our communities. We do this while maintaining a high-quality loan portfolio and remaining well-reserved to meet potential needs and to take advantage of future opportunities.”
All of these factors enabled Lyons Bancorp, Inc. to report continued quarter-over-quarter growth, with solid and increasing financial results through the first nine months of 2025.
For the third quarter of 2025, Lyons Bancorp, Inc. reported earnings of $5.3 million, or $1.52 per diluted common share, compared to $5.0 million, or $1.42 per diluted common share, for the second quarter of 2025—representing a 7% increase. On a year-over-year basis, for the first nine months of 2025, the Company earned $14.4 million, or $4.09 per diluted common share, a 29.8% increase compared to $11.2 million, or $3.15 per diluted common share, for the same period in 2024. Both figures are reported on a fully diluted basis.
The improvement in year-over-year earnings per share was driven by increases in both non-interest income and net interest income, steady balance sheet growth in loans and deposits, and a decrease in non-interest expense.
As of September 30, 2025, total assets were $2.082 billion, up from $2.045 billion as of June 30, 2025. Loans increased $26.3 million, or 1.7%, from $1.510 billion to $1.536 billion during the same period. Deposits totaled $1.903 billion at September 30, 2025, compared to $1.877 billion at June 30, 2025. Shareholders’ equity grew to $160.7 million from $156.8 million, while tangible shareholders’ equity rose to $135.8 million from $127.6 million. The Tier 1 leverage capital ratio improved slightly to 7.93% at September 30, 2025, from 7.90% at June 30, 2025. The Bank continues to maintain a strong capital position, supported by solid net income while paying out consistent dividends.
The net interest margin improved to 2.92% at September 30, 2025, compared to 2.78% at June 30, 2025. Expense management also remained strong, with the efficiency ratio improving to 59.86% from 61.09% over the same period. Return on average assets increased to 1.03% at September 30, 2025, up from 0.99% at June 30, 2025.
Credit quality remained exceptional through the first nine months of 2025. Nonperforming loans totaled only 0.31% of total loans at the end of the third quarter—well below both local and national industry averages.
As of September 30, 2025, Lyons Bancorp had 3.5 million shares outstanding on a diluted basis and the last reported stock trade was $42.60 per share. Lyons Bancorp, Inc. is a publicly owned company, and its common shares trade on the OTCQX Best Market under the stock symbol LYBC.