Community Heritage Financial, Inc. Reports Record Earnings for the Second Quarter of 2025
Community Heritage Financial (OTC PK: CMHF) reported record Q2 2025 earnings with net income of $2.5 million ($0.84 per diluted share), up 31.1% from Q1 2025 and 71.2% year-over-year. The company's total assets reached $1.1 billion as of June 30, 2025, with loan balances growing to $872.1 million, representing a 3.7% increase year-over-year.
The net interest margin improved significantly to 3.37% in Q2 2025, up from 2.83% in Q2 2024, benefiting from stabilized deposit rates and higher loan repricing. Asset quality remained strong with non-performing assets at just 0.13% of total assets. The Board declared a dividend of $0.08 per share, payable on August 8, 2025.
Community Heritage Financial (OTC PK: CMHF) ha riportato risultati record nel secondo trimestre del 2025 con un utile netto di 2,5 milioni di dollari (0,84 dollari per azione diluita), in aumento del 31,1% rispetto al primo trimestre del 2025 e del 71,2% su base annua. Al 30 giugno 2025, il totale degli attivi della societ脿 ha raggiunto 1,1 miliardi di dollari, con saldi dei prestiti cresciuti a 872,1 milioni di dollari, segnando un incremento del 3,7% rispetto all'anno precedente.
Il margine di interesse netto 猫 migliorato significativamente, salendo al 3,37% nel secondo trimestre del 2025, rispetto al 2,83% dello stesso periodo del 2024, grazie alla stabilizzazione dei tassi sui depositi e a un aumento del pricing dei prestiti. La qualit脿 degli attivi 猫 rimasta solida, con attivit脿 non performanti pari a solo lo 0,13% del totale degli attivi. Il Consiglio ha dichiarato un dividendo di 0,08 dollari per azione, pagabile l'8 agosto 2025.
Community Heritage Financial (OTC PK: CMHF) report贸 ganancias r茅cord en el segundo trimestre de 2025 con un ingreso neto de 2,5 millones de d贸lares (0,84 d贸lares por acci贸n diluida), un aumento del 31,1% respecto al primer trimestre de 2025 y del 71,2% interanual. Los activos totales de la compa帽铆a alcanzaron los 1,1 mil millones de d贸lares al 30 de junio de 2025, con saldos de pr茅stamos que crecieron a 872,1 millones de d贸lares, representando un incremento del 3,7% a帽o tras a帽o.
El margen neto de inter茅s mejor贸 significativamente hasta 3,37% en el segundo trimestre de 2025, frente al 2,83% en el segundo trimestre de 2024, benefici谩ndose de tasas de dep贸sito estabilizadas y un mayor reajuste en los pr茅stamos. La calidad de los activos se mantuvo s贸lida, con activos no productivos en solo el 0,13% del total de activos. La Junta declar贸 un dividendo de 0,08 d贸lares por acci贸n, pagadero el 8 de agosto de 2025.
Community Heritage Financial (OTC PK: CMHF)電� 2025雲� 2攵勱赴鞐� 靾滌澊鞚� 250毵� 雼煬(頋劃 欤茧嫻 0.84雼煬)毳� 旮半頃橂┌ 靷儊 斓滊寑 鞁れ爜鞚� 氚滍憸頄堨姷雼堧嫟. 鞚措姅 2025雲� 1攵勱赴 雽�牍� 31.1%, 鞝勲厔 霃欔赴 雽�牍� 71.2% 歃濌皜頃� 靾橃箻鞛呺媹雼�. 2025雲� 6鞗� 30鞚� 旮办 須岇偓鞚� 齑� 鞛愳偘鞚� 11鞏� 雼煬鞐� 雼枅鞙茧┌, 雽�於� 鞛旍暋鞚� 8鞏� 7,210毵� 雼煬搿� 鞝勲厔 雽�牍� 3.7% 歃濌皜頄堨姷雼堧嫟.
靾滌澊鞛愲歆勳潃 2024雲� 2攵勱赴 2.83%鞐愳劀 2025雲� 2攵勱赴鞐愲姅 3.37%搿� 韥矊 臧滌劆霅橃棃鞙茧┌, 鞚措姅 鞓堦笀 旮堧Μ 鞎堨爼瓿� 雽�於� 鞛皜瓴� 靸侅姽鞚� 順滍儩鞚� 氚涭潃 瓴瓣臣鞛呺媹雼�. 鞛愳偘 瓯挫爠靹彪弰 瓴碃頃橃棳 攵�鞁� 鞛愳偘 牍勳湪鞚� 齑� 鞛愳偘鞚� 0.13%鞐� 攵堦臣頄堨姷雼堧嫟. 鞚挫偓須岆姅 欤茧嫻 0.08雼煬鞚� 氚半嫻旮堨潉 靹犾柛頄堨溂氅�, 氚半嫻旮堨潃 2025雲� 8鞗� 8鞚检棎 歆�旮夒悹 鞓堨爼鞛呺媹雼�.
Community Heritage Financial (OTC PK : CMHF) a annonc茅 des r茅sultats records au deuxi猫me trimestre 2025 avec un b茅n茅fice net de 2,5 millions de dollars (0,84 dollar par action dilu茅e), en hausse de 31,1 % par rapport au premier trimestre 2025 et de 71,2 % sur un an. Les actifs totaux de l'entreprise ont atteint 1,1 milliard de dollars au 30 juin 2025, avec un solde des pr锚ts en hausse 脿 872,1 millions de dollars, soit une augmentation de 3,7 % sur un an.
La marge d'int茅r锚t nette s'est nettement am茅lior茅e 脿 3,37 % au deuxi猫me trimestre 2025, contre 2,83 % au deuxi猫me trimestre 2024, b茅n茅ficiant de la stabilisation des taux des d茅p么ts et d'un meilleur ajustement des pr锚ts. La qualit茅 des actifs est rest茅e solide, avec des actifs non performants repr茅sentant seulement 0,13 % du total des actifs. Le conseil d'administration a d茅clar茅 un dividende de 0,08 dollar par action, payable le 8 ao没t 2025.
Community Heritage Financial (OTC PK: CMHF) meldete Rekordgewinne f眉r das zweite Quartal 2025 mit einem Nettogewinn von 2,5 Millionen US-Dollar (0,84 US-Dollar je verw盲sserter Aktie), was einem Anstieg von 31,1 % gegen眉ber dem ersten Quartal 2025 und 71,2 % im Jahresvergleich entspricht. Die Gesamtaktiva des Unternehmens erreichten zum 30. Juni 2025 1,1 Milliarden US-Dollar, wobei die Kreditsalden auf 872,1 Millionen US-Dollar anstiegen, was einem j盲hrlichen Wachstum von 3,7 % entspricht.
Die Nettozinsmarge verbesserte sich im zweiten Quartal 2025 deutlich auf 3,37 % gegen眉ber 2,83 % im zweiten Quartal 2024, beg眉nstigt durch stabilisierte Einlagenzinsen und h枚here Kreditneupreise. Die Verm枚gensqualit盲t blieb stark, mit notleidenden Verm枚genswerten von nur 0,13 % der Gesamtaktiva. Der Vorstand erkl盲rte eine Dividende von 0,08 US-Dollar je Aktie, zahlbar am 8. August 2025.
- None.
- Increased noninterest expense of $529 thousand for the six months compared to 2024
- Decline in construction and land development loans of $22.1 million year-over-year
Balance Sheet
Assets totaled
Loan balances outstanding grew to
Net Interest Income
Net interest income totaled
Noninterest Income
Linked quarter听2025 鈥� Noninterest income increased
Second Quarter 2025 vs. Second Quarter 2024 鈥� Noninterest income increased
Six Months June 30, 2025 vs. Six Months June 30, 2024 鈥� Noninterest income increased
Noninterest Expense
Linked quarter听2025 鈥� Noninterest expense decreased
Second Quarter 2025 vs. Second Quarter 2024 鈥� Noninterest expense increased
Six Months June 30, 2025 vs. Six Months June 30, 2024 鈥� Noninterest expense increased
Asset Quality
Asset quality remained strong with non-performing assets to total assets of
Dividend
A dividend of
Forward-Looking Statements
This press release may contain forward-looking statements with respect to the Company's financial condition, results of operations and business. Forward-looking statements can be identified by words such as "expects", "anticipates", "believes", "estimates", "projects", "continue", "plans", "intends", the negative of these words and other comparable terminology.听 These forward-looking statements may be included in comments regarding future financial performance, expected levels of future revenue and expenses such as credit losses, growth strategies, new business initiatives and anticipated trends impacting performance. Forward-looking statements are not historical facts nor an assurance of future performance. While we believe the expectations of forward-looking statements to be reasonable, actual results may differ materially as forward-looking statements are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and often outside of the control of the Company. Therefore, users should not rely on forward-looking statements.
Non-GAAP Financial Measures
The Company may include certain non-GAAP financial measures in this press release. The Company believes these financial measures provide information useful to investors in understanding the Company's performance and performance trends to facilitate comparisons with the performance of others in the industry. These non-GAAP financial measures should not be considered an alternative to GAAP and users should recognize the non-GAAP financial measures presented by the Company might not be comparable to measures of other companies with similar titles.
Community Heritage Financial, Inc.
Robert E. (BJ) Goetz, Jr.
President & Chief Executive Officer
301-371-3055
John A. Scaldara, Jr.
Executive Vice President and Chief Financial Officer
301-371-3070
听
Community Heritage Financial, Inc. and Subsidiaries | |||||||
鈥� | |||||||
Balance Sheets (unaudited) | |||||||
鈥� | |||||||
As of Period End | |||||||
6/30/2025 | 3/31/2025 | 12/31/2024 | 9/30/2024 | 6/30/2024 | |||
ASSETS | |||||||
Cash and due from banks | $听听听听听听听听 67,210,170 | $听听听听听听听听 41,754,293 | $听听听听听听听听 16,510,418 | $听听听听听听听听 90,485,075 | $听听听听听听听听 91,988,101 | ||
Securities available-for-sale, at fair value | 46,712,422 | 42,514,398 | 40,481,911 | 43,803,206 | 39,518,549 | ||
Securities held-to-maturity | 88,807,858 | 90,382,973 | 91,374,820 | 92,558,298 | 93,944,321 | ||
Less allowance for credit losses | 92,176 | 93,416 | 102,896 | 110,386 | 118,787 | ||
Total securities held-to-maturity | 88,715,682 | 90,289,557 | 91,271,924 | 92,447,912 | 93,825,534 | ||
鈥� | |||||||
Total securities | 135,428,104 | 132,803,955 | 131,753,835 | 136,251,118 | 133,344,083 | ||
Equity securities, at cost | 1,426,700 | 1,901,700 | 1,404,700 | 1,404,600 | 1,404,600 | ||
Loans | 872,116,129 | 863,383,714 | 847,593,970 | 847,539,088 | 841,043,351 | ||
Less allowance for loan credit losses | 8,675,088 | 8,525,628 | 8,279,404 | 8,167,602 | 8,186,862 | ||
Loans, net | 863,441,041 | 854,858,086 | 839,314,566 | 839,371,486 | 832,856,489 | ||
Loans held for sale | 1,445,377 | 564,685 | 5,106,956 | 4,591,950 | 4,739,191 | ||
Premises and equipment | 6,196,774 | 5,628,103 | 5,688,187 | 5,805,983 | 6,010,649 | ||
Right of use asset | 1,816,066 | 1,939,827 | 1,911,836 | 2,031,653 | 2,152,804 | ||
Accrued interest receivable | 3,422,469 | 3,342,795 | 3,152,505 | 3,124,150 | 3,360,417 | ||
Deferred tax assets | 4,356,321 | 4,431,764 | 4,558,255 | 4,568,943 | 4,870,431 | ||
Bank owned life insurance | 7,570,668 | 7,443,531 | 7,411,319 | 7,379,630 | 7,159,381 | ||
Goodwill | 1,656,507 | 1,656,507 | 1,656,507 | 1,656,507 | 1,656,507 | ||
Other assets | 1,638,591 | 1,741,146 | 1,771,483 | 1,660,574 | 1,891,044 | ||
鈥� | |||||||
Total Assets | $听听 1,095,608,788 | $听听 1,058,066,392 | $听听 1,020,240,567 | $听听 1,098,331,669 | $听听 1,091,433,697 | ||
鈥� | |||||||
LIABILITIES and SHAREHOLDERS' EQUITY | |||||||
鈥� | |||||||
Liabilities | |||||||
Deposits: | |||||||
听听听 Noninterest-bearing demand | $听听听听听听 256,355,584 | $听听听听听听 247,511,094 | $听听听听听听 251,431,084 | $听听听听听听 246,907,558 | $听听听听听听 248,150,379 | ||
听听听 Interest-bearing | 721,494,804 | 685,201,331 | 656,575,635 | 685,892,223 | 682,397,667 | ||
听听听听听听听 Total deposits | 977,850,388 | 932,712,425 | 908,006,719 | 932,799,781 | 930,548,046 | ||
FHLB advances and other borrowings | 15,000,000 | 25,000,000 | 15,000,000 | 65,000,000 | 65,000,000 | ||
Subordinated debt, net | 12,046,819 | 12,043,757 | 12,040,695 | 15,000,000 | 14,977,576 | ||
Lease liabilities | 1,886,828 | 2,011,829 | 1,984,920 | 2,105,649 | 2,226,547 | ||
Accrued interest payable | 567,996 | 730,113 | 485,160 | 2,468,369 | 1,633,334 | ||
Other liabilities | 4,321,095 | 4,380,812 | 3,694,164 | 3,662,903 | 2,853,893 | ||
鈥� | |||||||
听听听 Total Liabilities | 1,011,673,126 | 976,878,936 | 941,211,658 | 1,021,036,702 | 1,017,239,396 | ||
鈥� | |||||||
Shareholders' Equity | |||||||
Common stock | 29,289 | 29,289 | 29,198 | 29,159 | 29,159 | ||
Additional paid-in-capital | 41,469,625 | 41,351,223 | 41,331,966 | 41,284,421 | 41,204,072 | ||
Retained earnings | 48,480,152 | 46,246,459 | 44,597,524 | 43,039,340 | 41,167,218 | ||
Accumulated other comprehensive loss | (6,043,404) | (6,439,515) | (6,929,779) | (7,057,953) | (8,206,148) | ||
鈥� | |||||||
听听听 Total Shareholders' Equity | 83,935,662 | 81,187,456 | 79,028,909 | 77,294,967 | 74,194,301 | ||
鈥� | |||||||
Total Liabilities and Shareholders' Equity | $听听 1,095,608,788 | $听听 1,058,066,392 | $听听 1,020,240,567 | $听听 1,098,331,669 | $听听 1,091,433,697 | ||
听
Community Heritage Financial, Inc. and Subsidiaries | ||||||||||
鈥� | ||||||||||
Statements of Income (unaudited) | ||||||||||
鈥� | ||||||||||
Three Months Ended | Six Months Ended | |||||||||
6/30/2025 | 3/31/2025 | 12/31/2024 | 9/30/2024 | 6/30/2024 | 6/30/2025 | 6/30/2024 | ||||
鈥� | ||||||||||
Interest Income | ||||||||||
Loans, including fees | $听听听听 12,597,796 | $听听听听 12,228,538 | $听听听听 12,057,265 | $听听听听 12,066,857 | $听听听听 11,471,139 | $听听听听 24,826,334 | $听听听听 22,652,683 | |||
Securities | 888,721 | 858,632 | 809,512 | 773,571 | 773,717 | 1,747,353 | 1,546,320 | |||
Fed funds sold and other bank deposits | 467,029 | 119,202 | 548,309 | 1,101,997 | 1,289,874 | 586,231 | 2,156,433 | |||
Total interest income | 13,953,546 | 13,206,372 | 13,415,086 | 13,942,425 | 13,534,730 | 27,159,918 | 26,355,436 | |||
鈥� | ||||||||||
Interest Expense | ||||||||||
Deposits | 4,758,194 | 4,405,731 | 4,686,005 | 5,146,858 | 5,005,650 | 9,163,925 | 9,709,598 | |||
Borrowed funds | 149,325 | 189,055 | 380,370 | 756,653 | 750,049 | 338,380 | 1,420,965 | |||
Subordinated debt | 207,250 | 207,250 | 209,934 | 238,049 | 238,050 | 414,500 | 476,099 | |||
Total interest expense | 5,114,769 | 4,802,036 | 5,276,309 | 6,141,560 | 5,993,749 | 9,916,805 | 11,606,662 | |||
鈥� | ||||||||||
Net interest income | 8,838,777 | 8,404,336 | 8,138,777 | 7,800,865 | 7,540,981 | 17,243,113 | 14,748,774 | |||
Provision for credit losses | 148,330 | 248,558 | 178,624 | (7,396) | 168,120 | 396,888 | 435,490 | |||
Net interest income after provision听 | 鈥� | |||||||||
for credit losses | 8,690,447 | 8,155,778 | 7,960,153 | 7,808,261 | 7,372,861 | 16,846,225 | 14,313,284 | |||
鈥� | ||||||||||
Noninterest income | ||||||||||
Mortgage banking revenue | 406,440 | 164,015 | 470,783 | 508,209 | 365,003 | 570,455 | 494,752 | |||
Card and merchant services | 310,082 | 281,415 | 314,785 | 294,243 | 285,572 | 591,497 | 542,936 | |||
Service charges on deposits | 231,856 | 235,097 | 262,583 | 252,406 | 237,357 | 466,953 | 474,377 | |||
Earnings on bank-owned life insurance | 118,847 | 23,920 | 23,398 | 86,958 | 28,755 | 142,767 | 240,396 | |||
Loss on sale of investment securities | - | - | (442,493) | - | - | - | - | |||
Other | 25,959 | 77,870 | 5,427 | 5,022 | 5,001 | 103,829 | 56,285 | |||
Total noninterest income | 1,093,184 | 782,317 | 634,483 | 1,146,838 | 921,688 | 1,875,501 | 1,808,746 | |||
鈥� | ||||||||||
Noninterest expense | ||||||||||
Salaries and employee benefits | 3,660,059 | 3,847,202 | 3,565,344 | 3,696,105 | 3,588,465 | 7,507,261 | 6,932,653 | |||
Occupancy and equipment | 848,881 | 925,091 | 906,738 | 901,283 | 869,510 | 1,773,972 | 1,733,518 | |||
Data and item processing | 686,375 | 590,840 | 624,021 | 492,294 | 731,661 | 1,277,215 | 1,448,373 | |||
Legal and professional fees | 366,768 | 277,977 | 291,944 | 242,411 | 354,244 | 644,745 | 642,437 | |||
FDIC insurance听 | 170,937 | 142,866 | 206,376 | 210,789 | 205,143 | 313,803 | 390,277 | |||
Advertising | 79,253 | 107,375 | 78,362 | 93,129 | 73,236 | 186,628 | 134,703 | |||
Other听 | 604,861 | 587,891 | 616,615 | 553,021 | 536,341 | 1,192,752 | 1,085,055 | |||
Total noninterest expense | 6,417,134 | 6,479,242 | 6,289,400 | 6,189,032 | 6,358,600 | 12,896,376 | 12,367,016 | |||
鈥� | ||||||||||
Income before income taxes | 3,366,497 | 2,458,853 | 2,305,236 | 2,766,067 | 1,935,949 | 5,825,350 | 3,755,014 | |||
Income tax expense | 898,493 | 576,217 | 571,853 | 718,989 | 494,293 | 1,474,710 | 907,663 | |||
Net income | $听听听听听听 2,468,004 | $听听听听听听 1,882,636 | $听听听听听听 1,733,383 | $听听听听听听 2,047,078 | $听听听听听听 1,441,656 | $听听听听听听 4,350,640 | $听听听听听听 2,847,351 | |||
鈥� | ||||||||||
Community Heritage Financial, Inc. and Subsidiaries | ||||||||||
鈥� | ||||||||||
Per Share Data (unaudited) | ||||||||||
鈥� | ||||||||||
Three Months Ended | Six Months Ended | |||||||||
6/30/2025 | 3/31/2025 | 12/31/2024 | 9/30/2024 | 6/30/2024 | 6/30/2025 | 6/30/2024 | ||||
鈥� | ||||||||||
Earnings per common share | ||||||||||
Basic | $听听听听听听听听听听听听听听听听听 0.84 | $听听听听听听听听听听听听听听听听听 0.64 | $听听听听听听听听听听听听听听听听听 0.59 | $听听听听听听听听听听听听听听听听听 0.70 | $听听听听听听听听听听听听听听听听听 0.49 | $听听听听听听听听听听听听听听听听听 1.49 | $听听听听听听听听听听听听听听听听听 0.98 | |||
Diluted | $听听听听听听听听听听听听听听听听听 0.84 | $听听听听听听听听听听听听听听听听听 0.64 | $听听听听听听听听听听听听听听听听听 0.59 | $听听听听听听听听听听听听听听听听听 0.70 | $听听听听听听听听听听听听听听听听听 0.49 | $听听听听听听听听听听听听听听听听听 1.48 | $听听听听听听听听听听听听听听听听听 0.98 | |||
Common shares outstanding at period end | 2,928,888 | 2,928,888 | 2,919,797 | 2,915,933 | 2,915,933 | - | 2,915,933 | |||
Average common shares outstanding | ||||||||||
Basic | 2,928,888 | 2,922,624 | 2,919,677 | 2,915,933 | 2,913,048 | 2,925,773 | 2,914,491 | |||
Diluted | 2,944,207 | 2,937,508 | 2,934,754 | 2,927,377 | 2,916,951 | 2,942,204 | 2,915,954 | |||
Cash dividends paid per common share | $听听听听听听听听听听听听听听听听听 0.08 | $听听听听听听听听听听听听听听听听听 0.08 | $听听听听听听听听听听听听听听听听听 0.06 | $听听听听听听听听听听听听听听听听听 0.06 | $听听听听听听听听听听听听听听听听听 0.06 | $听听听听听听听听听听听听听听听听听 0.16 | $听听听听听听听听听听听听听听听听听 0.12 | |||
听
Community Heritage Financial, Inc. and Subsidiaries | ||||||||||
鈥� | ||||||||||
Selected Financial Data (unaudited) | ||||||||||
As of and for the Three Months Ended | As of and for the Six Months Ended | |||||||||
6/30/2025 | 3/31/2025 | 12/31/2024 | 9/30/2024 | 6/30/2024 | 6/30/2025 | 6/30/2024 | ||||
鈥� | ||||||||||
Per Share Data | ||||||||||
Common shares outstanding听 | 2,928,888 | 2,928,888 | 2,919,797 | 2,915,933 | 2,915,933 | 2,928,888 | 2,915,933 | |||
Book value per share | $听听听听听听听听听听听听听听听听听听听 28.66 | $听听听听听听听听听听听听听听听听听听听 27.72 | $听听听听听听听听听听听听听听听听听听听 27.07 | $听听听听听听听听听听听听听听听听听听听 26.51 | $听听听听听听听听听听听听听听听听听听听 25.44 | $听听听听听听听听听听听听听听听听听听听 28.66 | $听听听听听听听听听听听听听听听听听听听 25.44 | |||
Tangible book value per share | $听听听听听听听听听听听听听听听听听听听 28.09 | $听听听听听听听听听听听听听听听听听听听 27.15 | $听听听听听听听听听听听听听听听听听听听 26.50 | $听听听听听听听听听听听听听听听听听听听 25.94 | $听听听听听听听听听听听听听听听听听听听 24.88 | $听听听听听听听听听听听听听听听听听听听 28.09 | $听听听听听听听听听听听听听听听听听听听 24.88 | |||
鈥屸赌� | ||||||||||
Capital (bank consolidated unless noted otherwise) | ||||||||||
Common equity tier 1 (CET1) capital | 12.28听% | 12.11听% | 12.12听% | 12.27听% | 11.98听% | 12.28听% | 11.98听% | |||
Tier 1 capital | 12.28听% | 12.11听% | 12.12听% | 12.27听% | 11.98听% | 12.28听% | 11.98听% | |||
Total risk based capital | 13.41听% | 13.23听% | 13.24听% | 13.36听% | 13.07听% | 13.41听% | 13.07听% | |||
Tier 1 leverage ratio | 9.29听% | 9.47听% | 9.06听% | 8.90听% | 8.69听% | 9.29听% | 8.69听% | |||
Tangible common equity to tangible assets (CHF) | 7.52听% | 7.53听% | 7.60听% | 6.90听% | 6.66听% | 7.52听% | 6.66听% | |||
鈥� | ||||||||||
Asset Quality Data | ||||||||||
Non-accrual loans | $听听听听听听听听听听 1,442,329 | $听听听听听听听听听听 1,488,718 | $听听听听听听听听听听 1,525,759 | $听听听听听听听听听听 1,566,138 | $听听听听听听听听听听 1,798,530 | $听听听听听听听听听听 1,442,329 | $听听听听听听听听听听 1,798,530 | |||
Non-performing assets | $听听听听听听听听听听 1,442,329 | $听听听听听听听听听听 1,488,718 | $听听听听听听听听听听 1,525,759 | $听听听听听听听听听听 1,566,138 | $听听听听听听听听听听 1,798,530 | $听听听听听听听听听听 1,442,329 | $听听听听听听听听听听 1,798,530 | |||
Non-performing loans to loans | 0.17听% | 0.17听% | 0.18听% | 0.18听% | 0.21听% | 0.17听% | 0.21听% | |||
Non-performing assets to total assets | 0.13听% | 0.14听% | 0.15听% | 0.14听% | 0.16听% | 0.13听% | 0.16听% | |||
Net loan charge-offs to average loans | 0.00听% | 0.00听% | 0.00听% | 0.00听% | 0.00听% | 0.00听% | 0.00听% | |||
Allowance for loan credit losses to loans | 0.99听% | 0.99听% | 0.98听% | 0.96听% | 0.96听% | 0.99听% | 0.96听% | |||
鈥� | ||||||||||
Other Data | ||||||||||
Return on average assets | 0.92听% | 0.74听% | 0.65听% | 0.74听% | 0.53听% | 0.83听% | 0.53听% | |||
Return on average equity | 11.93听% | 9.47听% | 8.77听% | 10.66听% | 7.86听% | 10.73听% | 7.84听% | |||
Net interest margin听 | 3.37听% | 3.36听% | 3.13听% | 2.90听% | 2.83听% | 3.36听% | 2.82听% | |||
Yield on interest-earning assets听 | 5.32听% | 5.29听% | 5.16听% | 5.18听% | 5.09听% | 5.30听% | 5.03听% | |||
Cost of interest-bearing liabilities听 | 2.80听% | 2.78听% | 2.93听% | 3.19听% | 3.19听% | 2.79听% | 3.14听% | |||
Loans to deposits ratio听 | 89.19听% | 92.57听% | 93.35听% | 90.86听% | 90.67听% | 89.19听% | 90.67听% | |||
听
Community Heritage Financial, Inc. and Subsidiaries | |||||||||||||||||||
鈥� | |||||||||||||||||||
Condensed Average Balance Sheet Analysis (unaudited) | |||||||||||||||||||
鈥� | |||||||||||||||||||
Three Months Ended | |||||||||||||||||||
June 30, 2025 | March 31, 2025 | June 30, 2024 | |||||||||||||||||
鈥� | Average Balance | Interest | Yield / | Average Balance | Interest | Yield / | Average Balance | Interest | Yield / | ||||||||||
ASSETS | |||||||||||||||||||
Interest-earning assets: | |||||||||||||||||||
Loans, including LHFS | $听听听听听听 868,901,865 | $听 12,597,796 | 5.81听% | $听听听听听听 857,799,175 | $听 12,228,538 | 5.76听% | $听听听听听听 833,960,162 | $听 11,471,139 | 5.53听% | ||||||||||
Securities | 135,415,559 | 888,721 | 2.63听% | 135,129,415 | 858,632 | 2.54听% | 135,875,550 | 773,717 | 2.28听% | ||||||||||
Fed funds sold and other bank deposits | 47,920,689 | 467,029 | 3.91听% | 16,389,959 | 119,202 | 2.95听% | 99,639,244 | 1,289,874 | 5.21听% | ||||||||||
1,052,238,113 | 13,953,546 | 5.32听% | 1,009,318,549 | 13,206,372 | 5.29听% | 1,069,474,956 | 13,534,730 | 5.09听% | |||||||||||
鈥� | |||||||||||||||||||
Noninterest-earning assets | 23,523,401 | 22,046,233 | 23,327,381 | ||||||||||||||||
Total Assets | $听听 1,075,761,514 | $听听 1,031,364,782 | $听听 1,092,802,337 | ||||||||||||||||
鈥� | |||||||||||||||||||
LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||||||||||||
Interest-bearing liabilities: | |||||||||||||||||||
Demand deposits | $听听听听听听 527,492,595 | $听听听听 3,146,490 | 2.39听% | $听听听听听听 511,603,640 | $听听听听 2,964,668 | 2.35听% | $听听听听听听 534,288,264 | $听听听听 3,719,156 | 2.80听% | ||||||||||
Time deposits | 176,936,573 | 1,611,704 | 3.65听% | 156,928,392 | 1,441,063 | 3.72听% | 142,212,265 | 1,286,494 | 3.64听% | ||||||||||
听听听 Interest-bearing deposits | 704,429,168 | 4,758,194 | 2.71听% | 668,532,032 | 4,405,731 | 2.67听% | 676,500,529 | 5,005,650 | 2.98听% | ||||||||||
Borrowings | 27,044,756 | 356,575 | 5.28听% | 30,466,939 | 396,305 | 5.24听% | 79,963,039 | 988,099 | 4.96听% | ||||||||||
听听听 Interest-bearing liabilities | 731,473,924 | 5,114,769 | 2.80听% | 698,998,971 | 4,802,036 | 2.78听% | 756,463,568 | 5,993,749 | 3.19听% | ||||||||||
Noninterest-bearing liabilities: | |||||||||||||||||||
Demand deposits | 254,468,601 | 244,507,561 | 253,726,240 | ||||||||||||||||
Other | 6,873,331 | 7,266,291 | 8,854,808 | ||||||||||||||||
鈥� | |||||||||||||||||||
Total Liabilities | 992,815,856 | 950,772,823 | 1,019,044,616 | ||||||||||||||||
鈥� | |||||||||||||||||||
Cost of Total Deposits | 1.99听% | 1.96听% | 2.16听% | ||||||||||||||||
Cost of Total Funds (interest- | |||||||||||||||||||
听 bearing liabilities plus non- | |||||||||||||||||||
听 interest-bearing deposits) | 2.05听% | 2.06听% | 2.39听% | ||||||||||||||||
鈥� | |||||||||||||||||||
Shareholders' equity | 82,945,658 | 80,591,959 | 73,757,721 | ||||||||||||||||
鈥� | |||||||||||||||||||
Total Liabilities and Shareholders Equity | $听听 1,075,761,514 | $听听 1,031,364,782 | $听听 1,092,802,337 | ||||||||||||||||
鈥� | |||||||||||||||||||
Net interest income / NIM | $听听听听 8,838,777 | 3.37听% | $听听听听 8,404,336 | 3.36听% | $听听听听 7,540,981 | 2.83听% | |||||||||||||
听
Community Heritage Financial, Inc. and Subsidiaries | |||||||||||||
鈥� | |||||||||||||
Condensed Average Balance Sheet Analysis (unaudited) | |||||||||||||
鈥� | |||||||||||||
Six Months Ended | |||||||||||||
June 30, 2025 | June 30, 2024 | ||||||||||||
鈥� | Average Balance | Interest | Yield / | Average Balance | Interest | Yield / | |||||||
ASSETS | |||||||||||||
Interest-earning assets: | |||||||||||||
Loans | $听听听听听听 863,910,059 | $听 24,826,334 | 5.78听% | $听听听听听听 831,793,535 | $听 22,652,683 | 5.48听% | |||||||
Securities | 135,273,444 | 1,747,353 | 2.58听% | 136,807,807 | 1,546,320 | 2.26听% | |||||||
Fed funds sold and other bank deposits | 32,240,014 | 586,231 | 3.67听% | 84,442,563 | 2,156,433 | 5.14听% | |||||||
1,031,423,517 | 27,159,918 | 5.30听% | 1,053,043,905 | 26,355,436 | 5.03听% | ||||||||
鈥� | |||||||||||||
Noninterest-earning assets | 22,237,546 | 24,073,203 | |||||||||||
鈥� | |||||||||||||
Total Assets | $听听 1,053,661,063 | $听听 1,077,117,108 | |||||||||||
鈥� | |||||||||||||
LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||||||
Interest-bearing liabilities: | |||||||||||||
Demand deposits | $听听听听听听 519,577,191 | $听听听听 6,111,158 | 2.37听% | $听听听听听听 533,479,478 | $听听听听 7,356,101 | 2.77听% | |||||||
Time deposits | 166,993,913 | 3,052,767 | 3.69听% | 133,953,380 | 2,353,497 | 3.53听% | |||||||
听听听 Interest-bearing deposits | 686,571,104 | 9,163,925 | 2.69听% | 667,432,858 | 9,709,598 | 2.93听% | |||||||
Borrowings | 28,715,359 | 752,880 | 5.26听% | 76,743,034 | 1,897,064 | 4.97听% | |||||||
听听听 Interest-bearing liabilities | 715,286,463 | 9,916,805 | 2.79听% | 744,175,892 | 11,606,662 | 3.14听% | |||||||
Noninterest-bearing liabilities: | |||||||||||||
Demand deposits | 249,504,107 | 251,603,733 | |||||||||||
Other | 7,095,291 | 8,283,679 | |||||||||||
鈥� | |||||||||||||
Total Liabilities | 971,885,861 | 1,004,063,304 | |||||||||||
鈥� | |||||||||||||
Cost of Total Deposits | 1.97听% | 2.12听% | |||||||||||
Cost of Total Funds (interest- | |||||||||||||
听 bearing liabilities plus non- | |||||||||||||
听 interest-bearing deposits) | 2.07听% | 2.34听% | |||||||||||
鈥� | |||||||||||||
Shareholders' equity | 81,775,202 | 73,053,804 | |||||||||||
鈥� | |||||||||||||
Total Liabilities and Shareholders Equity | $听听 1,053,661,063 | $听听 1,077,117,108 | |||||||||||
鈥� | |||||||||||||
Net interest income / NIM | $听 17,243,113 | 3.36听% | $听 14,748,774 | 2.82听% | |||||||||
听
Community Heritage Financial, Inc. and Subsidiaries | |||||||
鈥� | |||||||
Loan and Deposit Composition (unaudited) | |||||||
鈥� | |||||||
As of Period End | |||||||
6/30/2025 | 3/31/2025 | 12/31/2024 | 9/30/2024 | 6/30/2024 | |||
鈥� | |||||||
Loans: | |||||||
Commercial real estate: | |||||||
Construction and land development听 | $听听听听听听听听听听 67,819,407 | $听听听听 65,421,754 | $听听听听 59,761,206 | $听听听听 64,686,070 | $听听听听 89,921,555 | ||
Multifamily听 | 22,989,449 | 24,142,268 | 25,185,498 | 23,437,101 | 21,281,351 | ||
Farmland | 32,872,235 | 32,376,907 | 32,424,255 | 30,448,216 | 30,317,070 | ||
Other: | |||||||
Owner occupied听 | 139,335,615 | 143,451,648 | 136,172,517 | 137,266,535 | 130,560,913 | ||
Non-owner occupied听 | 164,434,003 | 163,089,171 | 159,150,227 | 154,090,059 | 143,246,131 | ||
鈥� | |||||||
Residential, including home equity | 307,500,247 | 298,829,304 | 296,196,340 | 297,472,722 | 290,587,107 | ||
Commercial and industrial | 132,669,094 | 131,591,369 | 134,164,953 | 135,355,039 | 130,148,584 | ||
Consumer | 847,668 | 915,551 | 1,036,859 | 1,296,915 | 1,392,904 | ||
Gross loans | 868,467,718 | 859,817,972 | 844,091,855 | 844,052,657 | 837,455,615 | ||
Net deferred loan costs | 3,648,411 | 3,565,742 | 3,502,115 | 3,486,431 | 3,587,736 | ||
Total Loans | $听听听听听听听听 872,116,129 | $听 863,383,714 | $听 847,593,970 | $听 847,539,088 | $听 841,043,351 | ||
鈥� | |||||||
Deposits: | |||||||
Noninterest-bearing demand | $听听听听听听听听 256,355,584 | $听 247,511,094 | $听 251,431,084 | $听 246,907,558 | $听 248,150,379 | ||
Interest-bearing: | |||||||
NOW 1 | 203,461,544 | 193,760,532 | 194,682,425 | 223,884,815 | 223,072,312 | ||
Savings | 73,765,147 | 72,670,367 | 69,979,571 | 69,566,114 | 72,408,661 | ||
Money Market | 260,797,600 | 251,803,391 | 240,320,055 | 239,982,813 | 237,799,850 | ||
Time | 183,470,513 | 166,967,041 | 151,593,584 | 152,458,481 | 149,116,844 | ||
Total interest-bearing | 721,494,804 | 685,201,331 | 656,575,635 | 685,892,223 | 682,397,667 | ||
Total Deposits | $听听听听听听听听 977,850,388 | $听 932,712,425 | $听 908,006,719 | $听 932,799,781 | $听 930,548,046 | ||
鈥� | |||||||
1. | Includes demand transaction accounts enrolled in the Bank's reciprocal deposit program. | ||||||
听
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FAQ
What was Community Heritage Financial's (CMHF) earnings per share for Q2 2025?
How much did CMHF's deposits grow in the first half of 2025?
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