• Oconee Financial Corp posted first-quarter net income of $991,000, down 1.9%, with earnings per share of $0.94.
• Net interest income rose to $6.62 million, while noninterest expense climbed to $6.34 million.
• Total assets slipped 1.4% to $724.02 million; loans grew 4.4% to $502.56 million, while deposits fell 1.4% to $631.17 million.
• President and CEO Neil Stevens said results reflected “solid first-quarter performance,” supported by strong loan growth and higher net interest income, despite higher expenses tied to added headcount.

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. Oconee Financial Corp. published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.