#United States #financial results #Net Income #Mission Valley Bancorp #Sun Valley

Mission Valley Bancorp Reports Strong Financial Results for 2025

Mission Valley Bancorp, a bank holding company based in Sun Valley, California, recently announced its financial results for the fourth quarter and full year of 2025. The Company reported a significant net income of $3.1 million, translating to $0.93 per diluted share, which demonstrates a considerable increase from last year's fourth quarter net income of $1.1 million.

Fourth Quarter Highlights

The fourth quarter of 2025 saw Mission Valley surpassing previous performance metrics, with a remarkable 81.29% increase in non-interest income, totaling $4.3 million. This substantial growth in non-interest income is attributed to factors such as gains from loan sales and improved valuations of Small Business Administration (SBA) servicing assets. The bank sold $43.6 million in loan principal, achieving a gain of $2.0 million, compared to $34.1 million and a gain of $1.4 million for the same period in 2024.

Also noteworthy is the bank’s continued commitment to growth, evidenced by the double-digit increases in both loans and deposits. Mission Valley’s gross loans increased by 5.50%, rising by $31.8 million as of the end of the year. Furthermore, total deposits reached $635.5 million, which is a 15.26% increase year-over-year.

Full Year Performance

For the entirety of 2025, Mission Valley Bancorp achieved a net income of $8.0 million or $2.39 per diluted share, up from $6.2 million in 2024. The company reported a 1.11% return on average assets coupled with a 12.54% return on average equity, emphasizing the efficient management of its resources. Net interest income improved dramatically, increasing by 11.46% from the previous year, amounting to $30.6 million.

Tamara Gurney, President and CEO, expressed enthusiasm about the company’s positive trajectory. She noted, "We are very pleased to report our fourth-quarter and full-year results for 2025, where a strong finish drove net income to new heights. Our focus on core deposits and digital transformation has clearly resonated well with our clients."

Looking ahead, Mission Valley is preparing to celebrate the grand opening of its new branch in Arcadia this February, which will enhance service offerings and community presence.

Balance Sheet and Asset Quality

As of December 31, 2025, Mission Valley Bancorp reported total assets of $760.4 million, up 12.28% from the previous year. The bank's total loans reached $609.6 million, reflecting its robust lending activity. Additionally, despite a slight increase in net charge-offs from $77 thousand in 2024 to $278 thousand in 2025, overall asset quality remains strong with a notable improvement in non-accrual loans, which decreased from $10.2 million to $9.2 million.

Capital and Liquidity

The bank’s capital position remains solid, with a Common Equity Tier 1 Capital Ratio of 10.24% and a Tier 1 Capital ratio of 11.11%. The available borrowing capacity was recorded at $223.3 million, indicating room for further growth and investment.

In conclusion, Mission Valley Bancorp's financial performance for 2025 not only reflects successful past initiatives but also sets a positive outlook for continued growth and expansion into the foreseeable future. Stakeholders and investors will undoubtedly keep a close watch on the company’s upcoming projects and developments throughout 2026.