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 2026. This positive performance is due in part due to our outstanding LNB team – from our staff and management to our board members all – local and committed to providing excellent service to our customers and community while delivering the strong results noted herein to our shareholders.
This strong financial performance is underpinned by sustained momentum across our retail and business banking sectors, including robust growth of our municipal relationships, investment in technology, sound and diversified lending, growth in other financial services areas, and appropriate risk management. These efforts have resulted in a strong balance sheet, excellent reserves, and diversified income, positioning LNB to prosper as we move forward, take advantage of opportunities, and accommodate the challenges of changing times.
“All of us at LNB are proud to report these record results and the continued success we have achieved. The dedication of our team and the loyalty of our customers have been instrumental in driving this remarkable period of growth,” said, Thomas L. Kime, President and CEO, LNB. “Our ability to navigate a complex economic environment while consistently delivering high-quality returns reflects the strength of our talented team and our commitment to our broad model and long-term community banking vision.”
All these factors enabled Lyons Bancorp, Inc. to report continued quarter-over-quarter growth, with solid and increasing financial results inclusive of the first nine months of 2026 reported here.
For the third quarter of 2026, Lyons Bancorp, Inc. reported earnings of $6.7 million, or $1.92 per diluted common share, compared to $6.0 million, or $1.71 per diluted common share, for the second quarter of 2026—representing a 12.2% increase. On a year-over-year basis, for the first nine months of 2026, the Company earned $18.1 million, or $5.15 per diluted common share, a 26% increase compared to $14.4 million, or $4.09 per diluted common share, for the same period in 2025. 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, and balance sheet growth in both loans and deposits.
As of September 30, 2026, total assets were $2.202 billion, up from $2.131 billion as of June 30, 2026. Loans increased $32.1 million, or 2%, from $1.571 billion to $1.603 billion during the same period. Deposits totaled $2.003 billion at September 30, 2026, compared to $1.935 billion at June 30, 2026. Shareholders’ equity grew to $178.9 million from $173.8 million, while tangible shareholders’ equity rose to $150.5 million from $149.4 million. The Tier 1 leverage capital ratio improved to 8.50% at September 30, 2026, from 8.38% at June 30, 2026. The Bank continues to maintain a strong capital position, supported by solid net income and consistent dividend payments.
The net interest margin improved to 3.26% at September 30, 2026, compared to 3.22% at June 30, 2026. Expense management also remained strong, with the efficiency ratio improving to 56.98% from 59.37% over the same period. Return on average assets increased to 1.24% at September 30, 2026, up from 1.14% at June 30, 2026.
Credit quality remained exceptional through the first nine months of 2026. Nonperforming loans totaled only 0.39% of total loans at the end of the third quarter—well below both local and national industry averages.
As of September 30, 2026, Lyons Bancorp had 3.5 million shares outstanding on a diluted basis and the last reported stock trade was $62.00 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.
