TriCo reported FY 2025 net income of USD 121.6 million (+5.8%), with diluted EPS of USD 3.70 (+6.9%). Net interest income was USD 350.8 million, while net interest income on a fully tax-equivalent basis was USD 351.9 million (+5.8%) and net interest margin (FTE) was 3.89% (up 18 basis points). Noninterest income rose to USD 68.3 million (+6.1%) and noninterest expense increased to USD 241.0 million (+2.9%), producing an efficiency ratio of 57.48%. Provision for credit losses increased to USD 12.1 million, with allowance for credit losses of USD 125.8 million (1.77% of total loans and leases) at December 31, 2025; net charge-offs were USD 9.9 million and nonperforming loans were 0.90% of total loans. TriCo ended 2025 with total assets of USD 9.8 billion (+1.5%), total loans of USD 7.1 billion (+5.1%), and total deposits of USD 8.3 billion (+2.2%), while total other borrowings declined to USD 11.7 million (-86.9%). Tangible common equity to tangible assets improved to 10.71% (up 99 basis points), and book value per share was USD 41.07 (tangible book value per share: USD 31.52). Management cited a balance sheet mix shift in 2025, redeploying liquidity from securities prepayments/maturities and deposit growth to pay down borrowings and support loan growth; noninterest income also reflected a USD 2.5 million gain on early extinguishment of subordinated debt and a USD 1.2 million gain on life insurance benefits, partially offset by USD 3.2 million of losses on investment security sales (USD 79.2 million of proceeds).

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. TriCo Bancshares 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: 0000356171-26-000010), on March 02, 2026, and is solely responsible for the information contained therein.