Chino Commercial Bancorp Reports 18% Increase In Second Quarter Earnings

Chino Commercial Bancorp (OTC: CCBC) announced the results of operations for the Bank and the consolidated holding company for the second quarter ended June 30, 2026. Net earnings for the second quarter of 2026 were $1.82 million, reflecting an increase of $279 thousand, or an increase of 18%, compared to the same period last year. Basic and diluted earnings per share were $0.47 for the second quarter of 2026, up from $0.40 for the same quarter in 2025. Net earnings increased year-to-date by $613 thousand, or 21% to $3.51 million, as compared to $2.89 million for the same period last year. Net earnings per share year-to-date was $0.91 for the period ending June 30, 2026, as compared with $0.75 for the same period last year, also a 21% increase. Earnings per share for the current and prior year were adjusted for the 20 percent stock dividend, which was payable to shareholders of record as of June 18, 2026.

Dann H. Bowman, President and Chief Executive Officer, stated “We are very pleased with the Bank’s performance year-to-date and during the second quarter of 2026, which set new records for total Assets, total Deposits, total Loans, Net Earnings, and total Capital. Loan quality also remains very strong, with the Bank having only two delinquent loans, and no additional loan loss provision during the second quarter”.

“The Bank’s Merchant Services Program continues to be one of the Company's fastest-growing business lines. For the quarter ending June 30, 2026, card processing sales volume increased by $5 million or 37% to $18 million, compared with $14 million for the same quarter last year. On a year-to-date basis through June 30, 2026, card processing sales volume increased by $10 million or 38% to $36 million, as compared to $26 million for the same period last year”.

Financial Condition As of June 30, 2026, total assets were $519 million, representing an increase of $25 million, or 5%, over $494 million on December 31, 2025. Total deposits rose by $21.4 million, or 5.8%, to $391.6 million, up from $370.2 million on December 31, 2025. Core deposits accounted for 96.1% of total deposits as of June 30, 2026. Gross loans increased by $21.5 million, or 9.7%, totaling $242.1 million as of June 30, 2026, compared to $220.6 million as of December 31, 2025. At the end of the second quarter, the Bank reported only two delinquent loans totaling $303 thousand, and three nonaccrual loans totaling $1.2 million. As of June 30, 2026, the Bank had no Other Real Estate Owned (OREO) properties.

Earnings The Company reported net interest income of $4.4 million for the three months ending June 30, 2026, compared to $3.8 million for the same period in 2025. Average interest-earning assets were $442.9 million, while average interest-bearing liabilities totaled $245.6 million, resulting in a net interest margin of 3.94% for the second quarter of 2026. This compares favorably with the prior year’s second-quarter margin of 3.68%, based on average interest-earning assets of $414.6 million and average interest-bearing liabilities of $221.9 million. Non-interest income totaled $929.0 thousand in the second quarter of 2026, a decrease of 2.69% compared to $1.01 million in the first quarter of 2025. Most of the decrease was driven by Service Charges and Fees and Deposit Accounts of $141.6 thousand to $385.6 thousand. The above decrease was partially offset by an increase in Merchant Servicing processing of $85.9 million to $264.7 million. General and administrative expenses totaled $2.7 million for the three months ended June 30, 2026, compared to $2.7 million for the same period in 2025.