Oxford Bank Corporation Reports Impressive Third Quarter Results for 2025
Oxford Bank Corporation Reports Impressive Third Quarter Results for 2025
On November 3, 2025, Oxford Bank Corporation, which operates under the ticker OTC Bulletin Board: OXBC, disclosed its operating results for the third quarter ending on September 30, 2025. The financial institution, which is the holding company for Oxford Bank, reported significant improvements in its earnings when comparing to previous quarterly performances.
Financial Highlights
In the third quarter of 2025, Oxford Bank Corporation achieved consolidated earnings of $3.06 million, equating to $1.24 per weighted average share. This marks an increase from $2.75 million or $1.12 per share in the same period last year, as well as a rise from $2.78 million or $1.13 per share recorded in the quarter prior. CEO David Lamb expressed satisfaction with the bank's performance announcing, "We value the consistent growth accomplished so far this year, though we recognize the ongoing challenges posed by the competitive banking environment."
Lamb emphasized that as many employees are also shareholders, the strategic focus remains on establishing robust client relationships, enhanced by innovative technology to improve customer experiences. He also acknowledged the challenges posed by competition, particularly concerning the tax exemptions enjoyed by credit unions.
Key Metrics
Net interest income, the core component of earnings for community banks such as Oxford, grew by 6%, while non-interest expenses saw an increase of only 3%. This indicates effective scaling in relation to technology investments. Total assets climbed to $915.31 million as of September 30, 2025, up from $859.51 million at the end of June and $870.50 million from the previous year.
Deposit Growth and Lending Performance
The corporation showcased rapid growth in its deposits, which surged by $62 million, bolstered by a handful of large depositors. As a measure of liquidity, cash levels were increased to mitigate risks stemming from potential normalization of these larger deposits. Total loans and leases reached $663.06 million, a growth from $635.01 million at the close of June and $597.00 million one year earlier. Lamb pointed out that the growth trajectory is maintained without compromising credit standards or pricing discipline.
In line with its entrepreneurial mission, Oxford Bank initiated the final phase of its Small Business Lending initiative aimed at enhancing the experience for small business clients and streamlining their access to capital. This phase is seen as a vital factor in elevating the bank's client relationships over the next decade.
Credit Losses and Asset Quality
The allowance for credit loss has accordingly risen to $7.71 million, reflecting proportional growth alongside the portfolio. Lamb remained optimistic despite a rise in non-accrual loans relative to peers, assuring stakeholders that the collateral backing these loans is robust.
Shareholder Value
Shareholders can look forward to a total equity standing at $107.36 million as of the end of September, illustrating a substantial increase from $95.10 million, the figure recorded the same month last year. This rise in equity signals a healthy retention of earnings, with the book value per share now at $43.36.
As the oldest commercial bank in Oakland County, operating continuously since 1884, Oxford Bank continues to adapt to a dynamic market. The growth strategies laid out by CEO Lamb ensure that the bank maintains its edge and delivers consistent value to stakeholders.
For more insights into Oxford Bank Corporation's wide range of financial services, visit their official website: www.oxfordbank.bank.
Topics Financial Services & Investing）
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