Oak Ridge Financial Services, Inc. Announces Second Quarter 2025 Results and Quarterly Cash Dividend of $0.14 Per Share
Oak Ridge Financial Services (OTCPink: BKOR) reported strong Q2 2025 financial results, with diluted EPS of $0.81, up from $0.57 in Q1 2025 and $0.46 in Q2 2024. The company demonstrated robust performance with a 14.13% return on average equity and improved net interest margin of 4.16%. Total loans increased to $537.5 million, up 8.8% year-over-year, while deposits grew to $547.5 million, a 7.7% increase from Q2 2024.
The bank's efficiency ratio improved significantly to 59.1%, though nonperforming assets increased to 0.73% due to eight SBA loans. The Board declared a quarterly cash dividend of $0.14 per share, payable on September 3, 2025. Net interest income rose to $6.8 million, with noninterest income reaching $1.2 million, boosted by a $329,000 gain from SBA loan sales.
Oak Ridge Financial Services (OTCPink: BKOR) ha riportato solidi risultati finanziari per il secondo trimestre del 2025, con un utile per azione diluito di 0,81 $, in aumento rispetto a 0,57 $ nel primo trimestre 2025 e 0,46 $ nel secondo trimestre 2024. L'azienda ha mostrato una performance robusta con un rendimento sul capitale medio del 14,13% e un margine di interesse netto migliorato al 4,16%. I prestiti totali sono saliti a 537,5 milioni di dollari, con un incremento dell'8,8% su base annua, mentre i depositi sono cresciuti a 547,5 milioni di dollari, segnando un aumento del 7,7% rispetto al secondo trimestre 2024.
Il rapporto di efficienza della banca 猫 migliorato significativamente, attestandosi al 59,1%, sebbene gli asset non performanti siano aumentati allo 0,73% a causa di otto prestiti SBA. Il Consiglio ha dichiarato un dividendo trimestrale in contanti di 0,14 $ per azione, pagabile il 3 settembre 2025. Il reddito da interessi netti 猫 salito a 6,8 milioni di dollari, mentre il reddito non da interessi ha raggiunto 1,2 milioni di dollari, sostenuto da un guadagno di 329.000 $ derivante dalla vendita di prestiti SBA.
Oak Ridge Financial Services (OTCPink: BKOR) report贸 s贸lidos resultados financieros en el segundo trimestre de 2025, con un beneficio diluido por acci贸n de 0,81 $, superior a los 0,57 $ del primer trimestre de 2025 y 0,46 $ del segundo trimestre de 2024. La compa帽铆a mostr贸 un desempe帽o robusto con un retorno sobre el patrimonio promedio del 14,13% y un margen neto de inter茅s mejorado del 4,16%. Los pr茅stamos totales aumentaron a 537,5 millones de d贸lares, un 8,8% m谩s interanual, mientras que los dep贸sitos crecieron a 547,5 millones de d贸lares, un incremento del 7,7% respecto al segundo trimestre de 2024.
La eficiencia del banco mejor贸 significativamente hasta el 59,1%, aunque los activos improductivos aumentaron al 0,73% debido a ocho pr茅stamos SBA. La Junta declar贸 un dividendo trimestral en efectivo de 0,14 $ por acci贸n, pagadero el 3 de septiembre de 2025. Los ingresos netos por intereses subieron a 6,8 millones de d贸lares, con ingresos no relacionados con intereses alcanzando 1,2 millones, impulsados por una ganancia de 329.000 $ por la venta de pr茅stamos SBA.
Oak Ridge Financial Services (OTCPink: BKOR)電� 2025雲� 2攵勱赴 臧曤牓頃� 鞛 鞁れ爜鞚� 氤搓碃頄堨溂氅�, 頋劃 欤茧嫻靾滌澊鞚�(EPS)鞚� 0.81雼煬搿� 2025雲� 1攵勱赴鞚� 0.57雼煬鞕� 2024雲� 2攵勱赴鞚� 0.46雼煬鞐愳劀 歃濌皜頄堨姷雼堧嫟. 須岇偓電� 韽夑窢 鞛愱赴鞛愲掣 靾橃澋毳� 14.13%瓿� 臧滌劆霅� 靾滌澊鞛愲歆� 4.16%搿� 瓴碃頃� 靹标臣毳� 氤挫榾鞀惦媹雼�. 齑� 雽�於滉笀鞚� 5鞏� 3,750毵� 雼煬搿� 鞝勲厔 霃欔赴 雽�牍� 8.8% 歃濌皜頄堨溂氅�, 鞓堦笀鞚� 5鞏� 4,750毵� 雼煬搿� 2024雲� 2攵勱赴 雽�牍� 7.7% 靹膘灔頄堨姷雼堧嫟.
鞚�頄夓潣 須湪靹� 牍勳湪鞚� 59.1%搿� 韥矊 臧滌劆霅橃棃鞙茧倶, SBA 雽�於� 8瓯挫溂搿� 鞚疙暣 攵�鞁� 鞛愳偘 牍勳湪鞚� 0.73%搿� 靸侅姽頄堨姷雼堧嫟. 鞚挫偓須岆姅 欤茧嫻 0.14雼煬鞚� 攵勱赴 順勱笀 氚半嫻旮�鞚� 靹犾柛頄堨溂氅�, 歆�旮夓澕鞚� 2025雲� 9鞗� 3鞚检瀰雼堧嫟. 靾滌澊鞛� 靾橃澋鞚� 680毵� 雼煬搿� 歃濌皜頄堦碃, 牍勳澊鞛� 靾橃澋鞚� SBA 雽�於� 毵り皝鞐愳劀 氚滌儩頃� 32毵� 9,000雼煬鞚� 鞚挫澋 雿曤秳鞐� 120毵� 雼煬鞐� 雼枅鞀惦媹雼�.
Oak Ridge Financial Services (OTCPink : BKOR) a publi茅 de solides r茅sultats financiers pour le deuxi猫me trimestre 2025, avec un b茅n茅fice par action dilu茅 de 0,81 $, en hausse par rapport 脿 0,57 $ au premier trimestre 2025 et 0,46 $ au deuxi猫me trimestre 2024. La soci茅t茅 a d茅montr茅 une performance robuste avec un rendement moyen des capitaux propres de 14,13% et une marge nette d'int茅r锚t am茅lior茅e 脿 4,16%. Les pr锚ts totaux ont augment茅 pour atteindre 537,5 millions de dollars, soit une hausse de 8,8% en glissement annuel, tandis que les d茅p么ts ont progress茅 脿 547,5 millions de dollars, une augmentation de 7,7% par rapport au deuxi猫me trimestre 2024.
Le ratio d'efficacit茅 de la banque s'est nettement am茅lior茅 脿 59,1%, bien que les actifs non performants aient augment茅 脿 0,73% en raison de huit pr锚ts SBA. Le conseil d'administration a d茅clar茅 un dividende trimestriel en esp猫ces de 0,14 $ par action, payable le 3 septembre 2025. Le revenu net d'int茅r锚ts a augment茅 脿 6,8 millions de dollars, tandis que les revenus hors int茅r锚ts ont atteint 1,2 million de dollars, soutenus par un gain de 329 000 $ provenant de la vente de pr锚ts SBA.
Oak Ridge Financial Services (OTCPink: BKOR) meldete starke Finanzergebnisse f眉r das zweite Quartal 2025 mit einem verw盲sserten Gewinn je Aktie von 0,81 $, gegen眉ber 0,57 $ im ersten Quartal 2025 und 0,46 $ im zweiten Quartal 2024. Das Unternehmen zeigte eine robuste Leistung mit einer Rendite auf das durchschnittliche Eigenkapital von 14,13% und einer verbesserten Nettomarge von 4,16%. Die Gesamtkredite stiegen auf 537,5 Millionen Dollar, ein Plus von 8,8% im Jahresvergleich, w盲hrend die Einlagen auf 547,5 Millionen Dollar wuchsen, eine Steigerung von 7,7% gegen眉ber dem zweiten Quartal 2024.
Die Effizienzquote der Bank verbesserte sich deutlich auf 59,1%, obwohl sich die notleidenden Verm枚genswerte aufgrund von acht SBA-Darlehen auf 0,73% erh枚hten. Der Vorstand erkl盲rte eine quartalsweise Bardividende von 0,14 $ pro Aktie, zahlbar am 3. September 2025. Das Nettozinsergebnis stieg auf 6,8 Millionen Dollar, w盲hrend die nicht zinsertr盲ge 1,2 Millionen Dollar erreichten, unterst眉tzt durch einen Gewinn von 329.000 $ aus dem Verkauf von SBA-Darlehen.
- Diluted EPS increased 76% year-over-year to $0.81
- Return on average equity improved to 14.13% from 8.57% year-over-year
- Net interest margin expanded to 4.16%, up from 3.81% in Q2 2024
- Efficiency ratio improved significantly to 59.1% from 70.0% year-over-year
- Total loans grew 8.8% year-over-year to $537.5 million
- Total deposits increased 7.7% year-over-year to $547.5 million
- Net interest income grew 16.0% year-over-year to $6.8 million
- Nonperforming assets increased to 0.73% from 0.08% year-over-year
- Securities portfolio decreased 5.7% year-over-year to $97.1 million
- Provision for credit losses increased to $402,000 from $322,000 in Q2 2024
OAK RIDGE, N.C., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (鈥淥ak Ridge鈥�; or the 鈥淐ompany鈥�) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the 鈥淏ank鈥�), today announced unaudited financial results for the second quarter of 2025.
Financial Highlights for the Quarter Ended June 30, 2025
- Earnings per share (diluted):
$0.81 , up from$0.57 for the prior quarter and$0.46 for the second quarter of 2024. - Return on average equity (Annualized):
14.13% , up from10.04% for the prior quarter and8.57% for the second quarter of 2024. - Tangible book value per common share:
$24.04 as of period end, up from$23.41 at the end of the prior quarter and$21.95 at the end of the comparable period in 2024. - Net interest margin (Annualized):
4.16% , up from3.97% for the prior quarter and3.81% for the second quarter of 2024. - Efficiency ratio:
59.1% , a significant improvement from66.8% for the prior quarter and70.0% for the comparable period in 2024. - Total loans receivable:
$537.5 million at June 30, 2025, an increase of1.7% from$528.5 million at March 31, 2025 and an increase of8.8% from$494.0 million at June 30, 2024. - Nonperforming assets to total assets:
0.73% at June 30, 2025, compared to0.67% at March 31, 2025 and an increase from0.08% at June 30, 2024. The increase in nonperforming assets is due to the guaranteed and nonguaranteed balances of eight Small Business Administration (鈥淪BA鈥�) 7(a) loans that moved to nonaccrual status since June 30, 2024. The balances as of June 30, 2025, of the portion of SBA nonperforming loans guaranteed and unguaranteed by the SBA were$3.5 million and$990,000 , respectively. - Securities available-for-sale and held-to maturity:
$97.1 million at June 30, 2025, a decrease of1.8% from$98.9 million at March 31, 2025 and a decrease of5.7% from$103.0 million at June 30, 2024. - Total deposits:
$547.5 million at June 30, 2025, an increase of0.9% from$542.5 million at March 31, 2025 and an increase of7.7% from$508.2 million at June 30, 2024. - Total short- and long-term borrowings, junior subordinated notes, and subordinated debentures:
$52.2 million at June 30, 2025, a decrease of12.6% from$59.7 million at March 31, 2025 and a decrease of25.6% from$70.2 million at June 30, 2024. - Total stockholders鈥� equity:
$66.0 million at June 30, 2025, an increase of2.6% from$64.3 million at March 31, 2025 and an increase of8.9% from$60.6 million at June 30, 2024.
Management Commentary
Tom Wayne, Chief Executive Officer, reported, 鈥淓arnings in the second quarter of 2025 were up significantly from both the prior quarter and the second quarter of 2024. It is fitting that we achieved such strong results in our 25th year as a community bank. This was primarily due to strong net interest income growth of
Dividend Announcement
A quarterly cash dividend of
Financial Review
Net Interest Income
For the three months ended June 30, 2025, net interest income was
For the six months ended June 30, 2025, net interest income was
Provision for Credit Losses
The Bank recorded a provision for credit losses of
Noninterest Income
For the three months ended June 30, 2025, noninterest income totaled
For the six months ended June 30, 2025, noninterest income was
Noninterest Expense
Noninterest expense was
For the six months ended June 30, 2025, noninterest expense totaled
About Oak Ridge Financial Services, Inc., and Bank of Oak Ridge
As the Triad鈥檚 employee-owned community bank, Bank of Oak Ridge delivers Spectacularly Local banking with a personal touch. Rooted in our community, we live by our promise that You Matter Here 鈥� our local decision-makers know you by name, and our team provides personalized, 5-star client service tailored to your unique needs. Complementing this commitment, we offer modern tools and technology to make your banking experience easy, safe, and convenient. Whether you鈥檙e seeking a new banking partner or expanding your financial relationships, we make switching simple and seamless.
Connect with us by phone at 336.644.9944, on our website at BankofOakRidge.com or by visiting one of our convenient locations in Greensboro, High Point, Oak Ridge, and Summerfield.
Bank of Oak Ridge is a member of the FDIC and an Equal Housing Lender.
Awards & Recognitions | Best Bank in the Triad | Triad鈥檚 Top Workplace Finalist | 2016 Better Business Bureau Torch Award for Business Ethics | Triad鈥檚 Healthiest Employer Winner
Banking for Business & Personal | Mobile & Online Banking | Worldwide ATM | Debit, Credit + Rewards | Checking, Savings & Money Market | Loans + SBA | Mortgage | Insurance | Wealth Management
Let鈥檚 Talk | 336.644.9944 |听 | Extended Interactive Teller Machine Hours at all Triad Locations
Forward-looking Information This earnings release contains certain forward-looking statements with respect to the financial condition, results of operations and business of the Company. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of the management of the Company and on the information available to management at the time that these disclosures were prepared. These statements can be identified by the use of the words 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渆stimate鈥� and 鈥渂elieve,鈥� variations of these words and other similar expressions. Readers should not place undue reliance on forward-looking statements as a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, (1) competition in the Company鈥檚 markets, (2) changes in the interest rate environment, (3) general national, regional or local economic conditions may be less favorable than expected, resulting in, among other things, a deterioration in credit quality and the possible impairment of collectability of loans, (4) legislative or regulatory changes, including changes in accounting standards, (5) significant changes in the federal and state legal and regulatory environment and tax laws, and (6) the impact of changes in monetary and fiscal policies, laws, rules and regulations. The Company undertakes no obligation to update any forward-looking statements.
| OAK RIDGE FINANCIAL SERVICES, INC. | 听 | 听 | |||||||||
| CONSOLIDATED BALANCE SHEETS | 听 | 听 | 听 | ||||||||
| (Dollars in thousands, except share data) | 听 | 听 | 听 | ||||||||
| 听 | June 30, | 听 | December 31, | 听 | June 30, | ||||||
| 听 | 2025 | 听 | 2024 | 听 | 2024 | ||||||
| ASSETS | (unaudited) | (audited) | 听 | (unaudited) | |||||||
| Cash and due from banks | $ | 8,970 | 听 | 听 | $ | 8,075 | 听 | 听 | $ | 8,084 | 听 |
| Interest-bearing deposits with banks | 听 | 9,422 | 听 | 听 | 听 | 13,102 | 听 | 听 | 听 | 19,457 | 听 |
| Total cash and cash equivalents | 听 | 18,392 | 听 | 听 | 听 | 21,177 | 听 | 听 | 听 | 27,541 | 听 |
| Securities available-for-sale | 听 | 78,438 | 听 | 听 | 听 | 85,714 | 听 | 听 | 听 | 84,342 | 听 |
| Securities held-to-maturity, net of allowance for credit losses | 听 | 18,647 | 听 | 听 | 听 | 18,662 | 听 | 听 | 听 | 18,685 | 听 |
| Restricted stock, at cost | 听 | 3,383 | 听 | 听 | 听 | 3,439 | 听 | 听 | 听 | 4,002 | 听 |
| Loans receivable | 听 | 537,451 | 听 | 听 | 听 | 514,292 | 听 | 听 | 听 | 493,960 | 听 |
| Allowance for credit losses | 听 | (5,921 | ) | 听 | 听 | (5,388 | ) | 听 | 听 | (5,230 | ) |
| Net loans receivable | 听 | 531,530 | 听 | 听 | 听 | 508,904 | 听 | 听 | 听 | 488,730 | 听 |
| Property and equipment, net | 听 | 8,747 | 听 | 听 | 听 | 8,664 | 听 | 听 | 听 | 8,721 | 听 |
| Accrued interest receivable | 听 | 3,582 | 听 | 听 | 听 | 3,135 | 听 | 听 | 听 | 2,952 | 听 |
| Bank owned life insurance | 听 | 6,312 | 听 | 听 | 听 | 6,268 | 听 | 听 | 听 | 6,222 | 听 |
| Right-of-use assets 鈥� operating leases | 听 | 2,486 | 听 | 听 | 听 | 2,166 | 听 | 听 | 听 | 2,318 | 听 |
| Other assets | 听 | 5,516 | 听 | 听 | 听 | 5,553 | 听 | 听 | 听 | 5,310 | 听 |
| Total assets | $ | 677,033 | 听 | 听 | $ | 663,682 | 听 | 听 | $ | 648,823 | 听 |
| LIABILITIES | 听 | 听 | 听 | ||||||||
| Noninterest-bearing deposits | $ | 131,805 | 听 | 听 | $ | 119,851 | 听 | 听 | $ | 106,494 | 听 |
| Interest-bearing deposits | 听 | 415,664 | 听 | 听 | 听 | 411,464 | 听 | 听 | 听 | 401,678 | 听 |
| Total deposits | 听 | 547,469 | 听 | 听 | 听 | 531,315 | 听 | 听 | 听 | 508,172 | 听 |
| Federal Funds purchased | 听 | 991 | 听 | 听 | 听 | 1,725 | 听 | 听 | 听 | - | 听 |
| Short-term borrowings | 听 | 24,000 | 听 | 听 | 听 | 18,000 | 听 | 听 | 听 | 40,000 | 听 |
| Long-term borrowings | 听 | 14,000 | 听 | 听 | 听 | 22,000 | 听 | 听 | 听 | 12,000 | 听 |
| Junior subordinated notes 鈥� trust preferred securities | 听 | 8,248 | 听 | 听 | 听 | 8,248 | 听 | 听 | 听 | 8,248 | 听 |
| Subordinated debentures, net of discount | 听 | 6,000 | 听 | 听 | 听 | 9,983 | 听 | 听 | 听 | 9,963 | 听 |
| Lease liabilities 鈥� operating leases | 听 | 2,486 | 听 | 听 | 听 | 2,166 | 听 | 听 | 听 | 2,318 | 听 |
| Accrued interest payable | 听 | 716 | 听 | 听 | 听 | 709 | 听 | 听 | 听 | 795 | 听 |
| Other liabilities | 听 | 7,077 | 听 | 听 | 听 | 6,546 | 听 | 听 | 听 | 6,711 | 听 |
| Total liabilities | 听 | 610,987 | 听 | 听 | 听 | 600,692 | 听 | 听 | 听 | 588,207 | 听 |
| STOCKHOLDERS' EQUITY | 听 | 听 | 听 | ||||||||
| Common stock | 听 | 27,043 | 听 | 听 | 听 | 26,733 | 听 | 听 | 听 | 26,977 | 听 |
| Retained earnings | 听 | 40,413 | 听 | 听 | 听 | 37,771 | 听 | 听 | 听 | 35,403 | 听 |
| Net unrealized loss on debt securities, net of tax | 听 | (1,180 | ) | 听 | 听 | (1,771 | ) | 听 | 听 | (2,051 | ) |
| Net unrealized loss on hedging derivative instruments, net of tax | 听 | (230 | ) | 听 | 听 | 257 | 听 | 听 | 听 | 287 | 听 |
| Total accumulated other comprehensive loss | 听 | (1,410 | ) | 听 | 听 | (1,514 | ) | 听 | 听 | (1,764 | ) |
| Total stockholders鈥� equity | 听 | 66,046 | 听 | 听 | 听 | 62,990 | 听 | 听 | 听 | 60,616 | 听 |
| Total liabilities and stockholders鈥� equity | $ | 677,033 | 听 | 听 | $ | 663,682 | 听 | 听 | $ | 648,823 | 听 |
| Common shares outstanding | 听 | 2,747,170 | 听 | 听 | 听 | 2,736,770 | 听 | 听 | 听 | 2,761,870 | 听 |
| Common shares authorized | 听 | 50,000,000 | 听 | 听 | 听 | 50,000,000 | 听 | 听 | 听 | 50,000,000 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| OAK RIDGE FINANCIAL SERVICES, INC. | 听 | 听 | 听 | 听 | 听 | |||||||||
| CONSOLIDATED STATEMENTS OF INCOME | 听 | 听 | 听 | 听 | 听 | |||||||||
| (Dollars in thousands, except share data) | 听 | 听 | 听 | 听 | 听 | |||||||||
| 听 | Three Months Ended | Six month ended | ||||||||||||
| 听 | June 30, | 听 | March 31, | 听 | June 30, | 听 | June 30, | 听 | June 30, | |||||
| 听 | 2025 | 听 | 2025 | 听 | 2024 | 听 | 2025 | 听 | 2024 | |||||
| Interest and dividend income: | 听 | 听 | 听 | 听 | 听 | |||||||||
| Loans and fees on loans | $ | 8,726 | 听 | $ | 8,276 | 听 | $ | 7,663 | 听 | $ | 17,002 | 听 | $ | 14,894 |
| Interest on deposits in banks | 听 | 199 | 听 | 听 | 166 | 听 | 听 | 244 | 听 | 听 | 365 | 听 | 听 | 395 |
| Restricted stock dividends | 听 | 63 | 听 | 听 | 49 | 听 | 听 | 64 | 听 | 听 | 112 | 听 | 听 | 109 |
| Interest on investment securities | 听 | 1,224 | 听 | 听 | 1,282 | 听 | 听 | 1,453 | 听 | 听 | 2,506 | 听 | 听 | 2,897 |
| Total interest and dividend income | 听 | 10,212 | 听 | 听 | 9,773 | 听 | 听 | 9,424 | 听 | 听 | 19,985 | 听 | 听 | 18,295 |
| Interest expense | 听 | 听 | 听 | 听 | 听 | |||||||||
| Deposits | 听 | 2,684 | 听 | 听 | 2,714 | 听 | 听 | 2,460 | 听 | 听 | 5,398 | 听 | 听 | 4,811 |
| Short-term and long-term debt | 听 | 759 | 听 | 听 | 767 | 听 | 听 | 1,130 | 听 | 听 | 1,526 | 听 | 听 | 2,030 |
| Total interest expense | 听 | 3,443 | 听 | 听 | 3,481 | 听 | 听 | 3,590 | 听 | 听 | 6,924 | 听 | 听 | 6,841 |
| Net interest income | 听 | 6,769 | 听 | 听 | 6,292 | 听 | 听 | 5,834 | 听 | 听 | 13,061 | 听 | 听 | 11,454 |
| Provision for credit losses | 听 | 402 | 听 | 听 | 304 | 听 | 听 | 322 | 听 | 听 | 706 | 听 | 听 | 587 |
| Net interest income after provision for credit losses | 听 | 6,367 | 听 | 听 | 5,988 | 听 | 听 | 5,512 | 听 | 听 | 12,355 | 听 | 听 | 10,867 |
| Noninterest income: | 听 | 听 | 听 | 听 | 听 | |||||||||
| Service charges on deposit accounts | 听 | 229 | 听 | 听 | 227 | 听 | 听 | 198 | 听 | 听 | 456 | 听 | 听 | 371 |
| Gain (loss) on sale of securities | 听 | 42 | 听 | 听 | - | 听 | 听 | - | 听 | 听 | 42 | 听 | 听 | - |
| Insurance commissions | 听 | 188 | 听 | 听 | 150 | 听 | 听 | 125 | 听 | 听 | 339 | 听 | 听 | 260 |
| Gain on sale of Small Business Administration loans | 听 | 329 | 听 | 听 | - | 听 | 听 | - | 听 | 听 | 329 | 听 | 听 | - |
| Debit and credit card interchange income | 听 | 297 | 听 | 听 | 272 | 听 | 听 | 309 | 听 | 听 | 568 | 听 | 听 | 597 |
| Income from Small Business Investment Company | 听 | 15 | 听 | 听 | - | 听 | 听 | 22 | 听 | 听 | 15 | 听 | 听 | 100 |
| Income earned on bank owned life insurance | 听 | 22 | 听 | 听 | 22 | 听 | 听 | 22 | 听 | 听 | 44 | 听 | 听 | 44 |
| Other Service Charges and Fees | 听 | 127 | 听 | 听 | 88 | 听 | 听 | 87 | 听 | 听 | 215 | 听 | 听 | 185 |
| Total noninterest income | 听 | 1,249 | 听 | 听 | 759 | 听 | 听 | 763 | 听 | 听 | 2,008 | 听 | 听 | 1,557 |
| Noninterest expenses: | 听 | 听 | 听 | 听 | 听 | |||||||||
| Salaries | 听 | 2,423 | 听 | 听 | 2,354 | 听 | 听 | 2,311 | 听 | 听 | 4,777 | 听 | 听 | 4,477 |
| Employee Benefits | 听 | 367 | 听 | 听 | 335 | 听 | 听 | 302 | 听 | 听 | 702 | 听 | 听 | 614 |
| Occupancy | 听 | 271 | 听 | 听 | 300 | 听 | 听 | 351 | 听 | 听 | 572 | 听 | 听 | 646 |
| Equipment | 听 | 209 | 听 | 听 | 164 | 听 | 听 | 155 | 听 | 听 | 373 | 听 | 听 | 318 |
| Data and Item Processing | 听 | 436 | 听 | 听 | 615 | 听 | 听 | 526 | 听 | 听 | 1,050 | 听 | 听 | 1,046 |
| Professional & Advertising | 听 | 220 | 听 | 听 | 219 | 听 | 听 | 305 | 听 | 听 | 439 | 听 | 听 | 619 |
| Stationary and Supplies | 听 | 29 | 听 | 听 | 31 | 听 | 听 | 45 | 听 | 听 | 60 | 听 | 听 | 77 |
| Telecommunications | 听 | 101 | 听 | 听 | 80 | 听 | 听 | 63 | 听 | 听 | 180 | 听 | 听 | 142 |
| FDIC Assessment | 听 | 120 | 听 | 听 | 120 | 听 | 听 | 111 | 听 | 听 | 240 | 听 | 听 | 225 |
| Other expense | 听 | 560 | 听 | 听 | 491 | 听 | 听 | 448 | 听 | 听 | 1,052 | 听 | 听 | 831 |
| Total noninterest expenses | 听 | 4,736 | 听 | 听 | 4,709 | 听 | 听 | 4,617 | 听 | 听 | 9,445 | 听 | 听 | 8,995 |
| Income before income taxes | 听 | 2,880 | 听 | 听 | 2,038 | 听 | 听 | 1,658 | 听 | 听 | 4,918 | 听 | 听 | 3,429 |
| Income tax expense | 听 | 644 | 听 | 听 | 469 | 听 | 听 | 382 | 听 | 听 | 1,113 | 听 | 听 | 784 |
| Net income and income available to common shareholders | $ | 2,236 | 听 | $ | 1,569 | 听 | $ | 1,276 | 听 | $ | 3,805 | 听 | $ | 2,645 |
| Basic income per common share | $ | 0.81 | 听 | $ | 0.57 | 听 | $ | 0.46 | 听 | $ | 1.39 | 听 | $ | 0.96 |
| Diluted income per common share | $ | 0.81 | 听 | $ | 0.57 | 听 | $ | 0.46 | 听 | $ | 1.39 | 听 | $ | 0.96 |
| Basic weighted average shares outstanding | 听 | 2,747,170 | 听 | 听 | 2,761,870 | 听 | 听 | 2,761,870 | 听 | 听 | 2,747,170 | 听 | 听 | 2,752,741 |
| Diluted weighted average shares outstanding | 听 | 2,747,170 | 听 | 听 | 2,761,870 | 听 | 听 | 2,761,870 | 听 | 听 | 2,747,170 | 听 | 听 | 2,752,741 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| OAK RIDGE FINANCIAL SERVICES, INC. | 听 | 听 | 听 | 听 | 听 | ||||||||||||||
| Selected Financial Data | 听 | 听 | 听 | 听 | 听 | ||||||||||||||
| 听 | As Of Or For The Three Months Ended, | ||||||||||||||||||
| 听 | June 30, | 听 | March 31, | 听 | December 31, | 听 | September 30, | 听 | June 30, | ||||||||||
| 听 | 听2025听 | 听 | 听2025听 | 听 | 听2024听 | 听 | 听2024听 | 听 | 听2024听 | ||||||||||
| Return on average common stockholders' equity1 | 听 | 14.13 | % | 听 | 听 | 10.04 | % | 听 | 听 | 9.63 | % | 听 | 听 | 9.56 | % | 听 | 听 | 8.57 | % |
| Tangible book value per share | $ | 24.04 | 听 | 听 | $ | 23.41 | 听 | 听 | $ | 23.02 | 听 | 听 | $ | 22.78 | 听 | 听 | $ | 21.95 | 听 |
| Return on average assets1 | 听 | 1.32 | % | 听 | 听 | 0.95 | % | 听 | 听 | 0.91 | % | 听 | 听 | 0.91 | % | 听 | 听 | 0.80 | % |
| Net interest margin1 | 听 | 4.16 | % | 听 | 听 | 3.97 | % | 听 | 听 | 3.92 | % | 听 | 听 | 3.81 | % | 听 | 听 | 3.81 | % |
| Efficiency ratio | 听 | 59.1 | % | 听 | 听 | 66.8 | % | 听 | 听 | 64.6 | % | 听 | 听 | 67.9 | % | 听 | 听 | 70.0 | % |
| Nonperforming assets to total assets | 听 | 0.73 | % | 听 | 听 | 0.67 | % | 听 | 听 | 0.53 | % | 听 | 听 | 0.45 | % | 听 | 听 | 0.08 | % |
| Allowance for credit losses to total loans | 听 | 1.10 | % | 听 | 听 | 1.05 | % | 听 | 听 | 1.05 | % | 听 | 听 | 1.06 | % | 听 | 听 | 1.06 | % |
| 1Annualized | 听 | 听 | 听 | 听 | 听 | ||||||||||||||
| 听 | 听 | 听 | 听 | 听 | 听 | ||||||||||||||
Contact: Skylar Mearing, Marketing Director
Phone: 336.662.4840
FAQ
What were Oak Ridge Financial's (BKOR) Q2 2025 earnings per share?
What is the dividend amount and payment date for BKOR stock?
How much did Oak Ridge's loan portfolio grow in Q2 2025?
What is Oak Ridge's current nonperforming assets ratio?
How did Oak Ridge's net interest margin perform in Q2 2025?
