What's Happening?
Touchmark Bancshares, Inc., the holding company for Touchmark National Bank, announced a significant increase in net income for the third quarter of 2025. The company reported a 65% rise in net income to
$609,000, driven by a substantial growth in net interest margin supported by higher loan yields and lower deposit costs. The bank also added a Senior Credit Officer and reduced its Other Real Estate Owned (OREO) by $1.1 million without incurring additional losses. New customer growth accelerated, contributing to the positive financial results. The bank strategically reduced its non-core deposit balance and shifted retail CD customers to money market accounts to improve the balance sheet mix. Liquidity remains strong, supporting expected future loan growth.
Why It's Important?
The increase in net income and strategic financial maneuvers by Touchmark Bancshares highlight the bank's resilience and adaptability in a challenging economic environment. The growth in net interest margin and successful reduction of non-core deposits indicate a robust financial strategy aimed at enhancing profitability and stability. The addition of a Senior Credit Officer and the disposal of OREO assets without loss further strengthen the bank's operational capabilities. These developments are crucial for stakeholders, including investors and customers, as they reflect the bank's commitment to sustainable growth and financial health.
What's Next?
Touchmark Bancshares anticipates positive net loan growth in the fourth quarter of 2025, supported by a robust pipeline of $35 million in opportunities. The bank's strategic initiatives, including the shift in deposit balances and the addition of key personnel, are expected to continue driving growth and improving financial performance. Stakeholders will be closely monitoring the bank's ability to maintain its momentum and capitalize on new opportunities in the coming months.
