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Beach Cities Commercial Bank returns to profit in Q2 FY26, net income $111,774
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Beach Cities Commercial Bank returns to profit in Q2 FY26, net income $111,774
  • Beach Cities Commercial Bank posted net income of USD 111,774 in Q2 ended June 30, 2026, returning to profit from a Q1 loss.
  • Total interest income rose 6.4% to USD 3.15 million from Q1; operating expenses were flat at USD 1.9 million.
  • Total assets grew 7% to USD 188.9 million versus Dec. 31, 2025; gross loans increased 7% to USD 153.5 million.
  • Total deposits fell 3% to USD 139.6 million versus Dec. 31, 2025, as institutional CD balances were cut by USD 7.7 million.
  • Management said the bank hit profitability milestones, ended the quarter with no delinquent or non-performing assets, and expects to close its private stock offering by Sept. 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beach Cities Commercial Bank published the original content used to generate this news brief via Business Wire (Ref. ID: 20260730285463) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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