George Guarini, President and Chief Executive Officer, commented, “During the third quarter of 2025, we continued to demonstrate solid growth, supported by strong lending and deposit activity. We also took proactive steps to strengthen our balance sheet by repaying our subordinated debt and increasing our loan loss reserves. These actions resulted in certain one-time costs that reduced earnings per share for the quarter; however, we believe they position the Company for sustained earnings growth in the future.”
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