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Cashmere Valley Bank posted stronger 2025 earnings and deposit growth, with stable credit quality and improved liquidity.
Cashmere Valley Bank reported net earnings of $7.7 million for the third quarter and $22.1 million year to date in 2025, up from $7.18 million and $21.1 million respectively in 2024.
Diluted earnings per share rose to $1.97 for the quarter and $5.66 year to date.
Total deposits reached $1.897 billion, up $59.4 million from year-end 2024, with non-interest deposits at $416 million.
Gross loans declined to $964.7 million, primarily due to loan payoffs, while credit quality remained stable despite a rise in non-performing loans to 0.48% of gross loans.
The bank's liquidity increased, with cash and equivalents at $270 million, and return on equity fell to 12.24% due to higher capital levels.
Overall, the bank showed strong earnings, deposit growth, and financial stability.
Cashmere Valley Bank registró ganancias y un crecimiento de depósitos más fuertes en 2025, con una calidad de crédito estable y una liquidez mejorada.