#financial results #Net Income #First Resource Bancorp

First Resource Bancorp Reports Remarkable Results for Q2 2025

First Resource Bancorp, Inc. (OTCQX: FRSB), a prominent financial institution based in Pennsylvania, has reported impressive financial results for the second quarter of 2025, demonstrating a remarkable growth trajectory. Led by President and CEO Lauren C. Ranalli, the bank noted that this quarter has been its most profitable to date, capping a record-breaking first half of the year.

Financial Highlights

In the quarter ending June 30, 2025, First Resource Bancorp achieved a net income of $1.9 million, signifying a robust increase of 41% compared to the same period last year and a 13% boost from the previous quarter. This impressive performance was driven by a widening net interest margin, which increased from 3.50% in Q4 2024 to 3.72% in Q2 2025. The bank's strategic pricing policies across its balance sheet have played a significant role in this expansion.

Other notable metrics from the quarter include:

• - Net interest income rose 19% year-over-year, with total interest income climbing 14%.
• - Earnings per share jumped to $0.63, up 43% from Q2 2024.
• - Total loans and total deposits grew by 3% and 4% respectively.
• - The bank maintained a low level of non-performing assets, with only 0.03% of total assets classified as such, maintaining financial health and sound asset management.

Asset Growth and Market Recognition

The bank's total assets approached the impressive mark of $700 million, displaying a growth of $22 million, or 3%, from the previous quarter. This growth aligns with the bank's strategy to expand its market presence while sustaining quality service characterized by a personal touch for its clientele.

Recognizing its commitment to corporate culture and community service, First Resource Bancorp was honored for the seventh consecutive year as a