Hoyne Bancorp Q1 FY26 net loss narrows 28.7% to $118,000
Hoyne Bancorp
Hoyne Bancorp HYNE | 0.00 |
- Hoyne Bancorp posted a net loss of $118,000, narrowing 28.7% from a year earlier.
- Interest income climbed 12.3% to $5.3 million, while interest expense on deposits fell 36.2% to $1.1 million.
- Net interest income rose to $4.2 million from higher loan income and lower deposit costs; net interest margin widened to 3.76% from 2.85%.
- Total assets slipped 2.5% to $477.2 million, while loans receivable, net increased 7.7% to $288.6 million on continued emphasis on growing commercial lending.
- Deposits declined 3% to $312 million as certificates of deposit matured and did not renew; allowance for credit losses on loans rose 5% to $2.8 million.
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. Hoyne 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: 0001104659-26-059252), on May 12, 2026, and is solely responsible for the information contained therein.
