• Lumbee Guaranty Bank posted net income of USD 1.16 million, or USD 0.35 per share, for quarter ended March 31, 2026.
• Net interest income rose 11.7% to USD 3.87 million, driven by higher loan income on loan growth.
• Total assets climbed 10.1% year over year to USD 559.6 million, while loans increased 6.9% to USD 234 million.
• Deposits grew 9.2% year over year to USD 494.1 million; nonperforming assets were USD 773,000, or 0.14% of assets.
• CEO Kyle R. Chavis said results topped budget expectations, while renovation plans advance for a former Walgreens site in Pembroke to be converted into an operations center, with construction expected to begin in the third quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lumbee Guaranty Bank published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.