Fri, May 9, 3:22 PM (14 days ago)
**Muncy Columbia Financial Corporation (MCCF) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** Total revenue (interest and dividend income) increased by 5% to $20.8 million. - **Profit Margins:** Net interest income rose by 16.2% to $13.9 million, driven by higher earning asset volumes and yields, and lower interest expense. - **Cash Flow:** Net cash provided by operating activities was $4.7 million, reflecting strong net income and adjustments for non-cash items. **Earnings Changes:** - **Net Income:** Increased by 7.7% to $4.3 million, or $1.23 per share, compared to $4.0 million in Q1 2024. - **Earnings per Share (EPS):** Rose to $1.23 from $1.13 in the same period last year. **Quarterly Performance Discussion:** - **Loan Portfolio:** Gross loans receivable increased by 1.6% to $1.14 billion, driven by strong loan demand. - **Deposit Growth:** Total deposits increased by 4.6% to $1.34 billion, with strong organic growth and strategic initiatives. - **Asset Quality:** Non-performing loans increased to $12.2 million, with significant increases in commercial and industrial, and commercial real estate loans. **Trends and Uncertainties:** - **Interest Rate Risk:** The bank manages interest rate risk through gap analysis and net interest income simulations. - **Economic Conditions:** The bank monitors economic conditions and adjusts its allowance for credit losses accordingly. **Future Operations Impact:** - **Capital Resources:** The bank maintains strong capital adequacy ratios and expects to meet regulatory requirements. - **Dividends:** The bank declared dividends of $0.45 per share, reflecting its commitment to shareholder returns. **Ticker:** MCCF **Note:** Amounts are in thousands, except per share data.