Reports Book value per share $18.12. Reports CET1 capital ratio 17.87%. "We are pleased with our recent financial results and the growth of the Company. Loans held for investment are expanding, net interest income is increasing, the net interest margin is stable and operating expenses are well-controlled," said Craig Blunden, Chairman and CEO of the Company. "Credit quality remains strong and we have not seen any deterioration in the performance of our loan portfolio despite the higher interest rate and inflationary economic environment," concluded Blunden.
Published first on TheFly
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