Earnings release
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Back to the Newsroom SOLERA National Bancorp , Inc. f x in M Solera National Bancorp Announces Second Quarter 2026 Financial Results Tuesday , 28 July 2026 05:00 PM Topic : Earnings Q2 2026 pre - tax and pre - provision income of $ 9.7 million . Net income of $ 6.6 million ( $ 1.54 per share ) . LAKEWOOD , CO / ACCESS Newswire / July 28 , 2026 / Solera National Bancorp , Inc. ( OTCID : SLRK ) ( " Company " ) , the holding company for Solera National Bank ( " Bank " ) , a business - focused bank located in the Denver metropolitan area , today reported financial results for the three months ended June 30 , 2026. See highlights below . 2Q26 Financial Highlights • Pre - tax pre - provision pre - legal income of $ 10.3 million , a $ 1.6 million or 18 % increase from Q2 2025 .
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Total interest income of $23.8 million, a $6.0 million increase, or a 34% increasefrom Q2 2025. Tangible book value per share was $27.91/share, a $6.44, or 30%, increase fromQ2 2025. Return on assets was 1.68%. Return on equity was 23.14%. Efficiency ratio was 46.04%. About Solera National Bancorp, Inc. Solera National Bancorp, Inc. was incorporated in 2006 to organize and serve as the holding company for Solera National Bank, which opened for business in September 2007. Solera National Bank is a community bank serving the needs of emerging businesses and real estate investors. At the core of Solera National Bank is welcoming, attentive, and respectful customer service, a focus on supporting a growing and diverse economy, and a passion to serve our community through service, education, and volunteerism. For more information, please visit http://www.SoleraBank.com. This press release contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements contained in this release, which are not historical facts and that relate to future plans or projected results of Solera National Bancorp, Inc. and its wholly-owned subsidiary, Solera National Bank, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, or implied. We undertake no obligation to update or revise any forward-looking statement. Readers of this release are cautioned not to put undue reliance on forward-looking statements. Contacts: Jay Hansen, CFO (303) 209-8600 FINANCIAL TABLES FOLLOW SOLERA NATIONAL BANCORP, INC. CONSOLIDATED BALANCE SHEET (unaudited) ($000s) 6/301/20263/31/202612/31/2025 ASSETS Cash and due from banks $ 1,357$ 2,059$ 2,280 Federal funds sold - - Interest-bearing deposits with banks 1,498 1,694 1,706 Investment securities, available-for-sale 586,869 624,921 650,464 FHLB and Federal Reserve Bank stocks, at cost 8,413 14,069 16,144
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Paycheck Protection Program (PPP) loans, gross - - Traditional loans, gross 899,753 916,277 829,057 Allowance for loan and lease losses (13,592) (13,178) (12,225 Net traditional loans 886,161 903,099 816,832 Premises and equipment, net 34,348 35,228 36,469 Accrued interest receivable 15,127 11,249 12,609 OREO 998 998 Bank-owned life insurance 5,321 5,288 5,256 Other assets 14,047 13,162 11,094 TOTAL ASSETS$ 1,554,139$1,611,767$1,552,854 LIABILITIES AND STOCKHOLDERS' EQUITY Noninterest-bearing demand deposits $ 439,080$443,661$ 471,977 Interest-bearing demand deposits 89,791 93,520 97,338 Savings and money market deposits 150,861 127,259 134,847 Time deposits 612,089 569,484 421,479 Total deposits 1,291,821 1,233,924 1,125,64 Accrued interest payable 2,255 2,282 1,53 Short-term borrowings 98,939 223,414 278,525 Long-term FHLB borrowings 34,000 34,000 34,000 Accounts payable and other liabilities 7,094 8,896 6,267 TOTAL LIABILITIES 1,434,109 1,502,516 1,445,964 Common stock 43 43 43 Additional paid-in capital 38,778 38,763 38,748 Retained earnings 108,773 102,143 95,46 Accumulated other comprehensive (loss) gain (27,565) (31,698) (27,362 TOTAL STOCKHOLDERS' EQUITY 120,029 109,251 106,890 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$1,554,138$1,611,767$1,552,854 SOLERA NATIONAL BANCORP, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Three Months Ended ($000s, except per share data) 6/301/20 Interest and dividend income Interest and fees on traditional loans $ 15,2 Investment securities 8,2 Dividends on bank stocks 2 Other Total interest income $ 23,
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Interest expense Deposits 9,0 FHLB & Fed borrowings 2,0 Total interest expense 11, Net interest income 12,8 Provision for loan and lease losses 6 Net interest income after provision for loan and lease losses 12,1 Noninterest income Customer service and other fees 2 Other income 5 Gain on sale of securities 2,3 Total noninterest income 3,1 Noninterest expense Employee compensation and benefits 2,9 Occupancy 5 Professional fees 9 Other general and administrative 1,8 Total noninterest expense 6,2 Net Income Before Taxes $ 9,0 Income Tax Expense 2,4 Net Income $ 6,6 Income Per Share $ 1 Tangible Book Value Per Share $ 27 WA Shares outstanding 4,299,9 Pre-Tax Pre-Provision Income $ 9,6 Net Interest Margin 3 Cost of Funds 2. Efficiency Ratio 46. Return on Average Assets 1 Return on Average Equity 23 Leverage Ratio Asset Quality: Non-performing loans to gross loans 0 Non-performing assets to total assets 0 Allowance for loan losses to gross traditional loans 1 * Not meaningful due to the insignificant amount of non-performing loans. Criticized loans/assets:
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Special mention $ 12,7 Substandard: Accruing 45,7 Substandard: Nonaccrual 12,2 Doubtful Total criticized loans $ 70,8 Other real estate owned 9 Investment securities Total criticized assets $ 71,8 Criticized assets to total assets 4 SOURCE: Solera National Bancorp, Inc. Solutions Public Relations Products Investor Relations Products Public Companies Private Companies Agencies Legal Resellers & Market Research Access PR Platform Press Release Distribution Media Database Media Pitching Media Monitoring Media and Industry Targeting Social Monitoring Insights and Analytics ACCESS Verified
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