• Steele Bancorp posted Q1 net income of USD 4.88 million, more than doubled from USD 1.81 million a year earlier, with EPS rising to USD 1.43 from USD 0.97.
• Net interest income climbed to USD 12.21 million from USD 4.74 million, while provision for credit losses swung to a USD 134,000 recovery from a USD 7,000 provision.
• Noninterest income rose to USD 1.57 million from USD 585,000, driven by added trust fee income from the Northumberland Bancorp merger and higher ATM fees and debit card income.
• Noninterest expense increased to USD 7.99 million from USD 3.1 million on higher salaries and benefits tied to the merger, with core deposit intangible amortization of USD 666,000.
• Total assets were USD 1.27 billion at March 31, up 0.6% from Dec. 31, while leverage ratio improved to 8.94% from 8.56%.

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. Steele Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-016907), on May 14, 2026, and is solely responsible for the information contained therein.