#USA #Alpharetta #Touchmark Bancshares #Touchmark National Bank #TMAK

Touchmark Bancshares Posts Dramatic Income Surge in Second Quarter 2026

Touchmark Bancshares, Inc. (OTCID: TMAK), the parent company of Touchmark National Bank, has announced staggering results for the second quarter of 2026, reflecting a significant leap in net income along with impressive growth in organic loans.

Remarkable Financial Indicators

In comparison to the second quarter of 2025, Touchmark's net income soared 103% to reach $752,000, translating into earnings of $0.16 per diluted share. For the first half of 2026, total net income stood at $846,000, equating to $0.18 per diluted share, albeit slightly down from $1.1 million in the same timeframe last year. Despite the decrease in the six-month figure, the stark increase in quarterly earnings underlines the company's recovery trajectory and operational strengths.

Bobby Krimmel, the President and CEO of Touchmark, expressed satisfaction with the bank's performance, emphasizing that the growth in net income, organic loans, and net interest margin indicates prosperous trends within the institution. He noted, "We continued to advance our relationship banking strategy with year-to-date organic loan growth up 402% compared to the prior year, alongside annualized deposit growth of 6.3% when compared to the previous quarter.” This remarkable growth across the board positions Touchmark at a competitive advantage in the banking sector.

Key Highlights of Q2 Performance

Touchmark's success in Q2 was not only marked by increased net income; several other operational metrics also demonstrated noteworthy improvements:

• - Organic Loan Growth: A staggering 402% surge in organic loan growth was recorded for the first half of 2026 compared to the prior period. The organic loan growth rate for Q2 alone was solid, at an annualized rate of 1.4%, which accounted for a planned payoff of a $4.5 million watch-rated loan.
• - Net Interest Margin: The bank’s net interest margin expanded to 2.61%, its highest level since June 2025, cementing effective cost management and the onboarding of higher-yield assets.
• - Share Repurchase: Touchmark executed its first stock repurchase in history, buying back 15,000 shares in an open market transaction at a considerable discount to book value, indicating confidence in its market position.
• - Leadership Enhancement: During this quarter, the company welcomed Gina Omolon as Chief Financial Officer, marking a key transition in its executive leadership.

Balance Sheet Growth

Touchmark's total assets also experienced growth, reaching $416.2 million, attributable to a $10.4 million enhancement in cash reserves due to continued deposit growth. However, total loans decreased slightly by $15.0 million, attributing to repayments outpacing new originations, yet new loans amounted to $6.7 million during the quarter.

A Look Ahead

The results from Q2 2026 showcase Touchmark's resilience and proactive strategies amid competitive market conditions. The bank has committed to robust capital management, emphasizing its well-capitalized status with a leverage ratio of 13.15% and tier 1 risk-based capital ratio of 42.68% as of June 30, 2026.

Touchmark Bancshares, headquartered in Alpharetta, Georgia, indicates a bright road ahead as it exploits opportunities for growth and solidifies its footprint in the regional banking landscape. The company's forward-looking initiatives exhibit confidence and a strategic approach aimed at continuous improvement.