SB Financial Group Inc. released its financial results for the second quarter of 2025, reporting significant growth in various financial metrics. The company recorded an operating revenue of $17.2 million, a 22.3% increase from $14.0 million in the same quarter of the previous year. Net interest income rose by 25.6% to $12.1 million, compared to $9.7 million in the second quarter of 2024. Net income for the quarter was reported at $3.9 million, reflecting a 23.7% increase from $3.1 million in the prior-year quarter. Earnings per diluted share were $0.60, up 27.7% from $0.47 in the same period last year. SB Financial's balance sheet as of June 30, 2025, showed total assets of $1.49 billion, slightly down from the linked quarter but higher than the previous year. The growth was largely driven by a robust 8.9% increase in the loan portfolio, which reached $1.09 billion. The company's mortgage loan business also saw an uptick, with net mortgage banking revenue for the quarter reaching $2.2 million, marking a $317,000 increase from the prior-year quarter. SB Financial reported a solid improvement in its efficiency ratio, which stood at 68.9% for the second quarter of 2025, compared to the linked quarter and the prior year, as stated by Mr. Klein. No specific forward-looking guidance or outlook was provided in the document.
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