Lyons Bancorp Inc., the parent company of The Lyons National Bank, recorded another solid quarter as it closed out the first nine months of 2025. The company reported steady growth in earnings, assets, loans, and deposits, reflecting continued demand for its banking services across the region.
President and CEO Thomas Kime said the bank’s performance stems from its focus on traditional community banking and maintaining a strong credit profile. He noted that the bank remains well-positioned thanks to a stable loan portfolio, disciplined reserves, and consistent support for local customers and businesses.
The company posted third-quarter earnings of $5.3 million, or $1.52 per diluted share. That’s up from $5 million, or $1.42 per diluted share, in the second quarter — a 7 percent increase. Through the first nine months of the year, earnings reached $14.4 million, or $4.09 per diluted share, compared to $11.2 million, or $3.15 per diluted share, over the same period in 2024. Higher net interest income, stronger non-interest income, and lower operating expenses all contributed to the year-over-year gains.
Total assets rose to $2.082 billion as of Sept. 30, up from $2.045 billion at the end of June. Loans increased to $1.536 billion during the quarter, while deposits climbed to $1.903 billion. Shareholders’ equity rose to $160.7 million, and tangible equity increased to $135.8 million. The company’s Tier 1 leverage ratio inched up to 7.93 percent, supported by steady profits and regular dividend payments.
The bank’s net interest margin improved to 2.92 percent, compared to 2.78 percent in the second quarter. Operating efficiency also strengthened, with the efficiency ratio improving to 59.86 percent. Return on average assets rose to 1.03 percent.
Loan quality remained a bright spot. Nonperforming loans accounted for just 0.31 percent of the loan portfolio at quarter’s end, a level well below industry averages.
Lyons Bancorp had 3.5 million diluted shares outstanding as of Sept. 30, and its most recent reported share price was $42.60. The company’s stock trades on the OTCQX Best Market under the symbol LYBC.
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