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Exhibit 99.1 For Immediate Release | October 22 , 2022 | Chico , California trico bancshares TriCo Bancshares reports third quarter 2026 net income of $ 38.0 million , diluted EPS of $ 1.18 and declares $ 0.36 cash dividend 3Q2026 Financial Highlights . . • • • . Net income was $ 38.0 million or $ 1.18 per diluted share as compared to $ 34.2 million or $ 1.06 per diluted share in the trailing quarter , and an increase of $ 3.8 million or 11.1 % from the trailing quarter Net interest income ( FTE ) was $ 96.8 million , an increase of $ 2.9 million or 3.1 % over the trailing quarter ; net interest margin ( FTE ) was 4.16 % , an increase of 5 basis points over 4.11 % in the trailing quarter Loan balances increased $ 99.1 million or 5.4 % ( annualized ) from the trailing quarter and increased $ 403.4 million or 5.8 % from the same quarter of the prior year Deposit balances increased $ 74.6 million or 3.6 % ( annualized ) from the trailing quarter and $ 109.0 million or 1.3 % from the same quarter of the prior year Quarterly average non - interest bearing deposits grew by 3.2 % year over year and represented 31.0 % of total average deposits while non - interest bearing deposits as of quarter end represented 31.4 % of total deposits Yield on average earning assets was 5.35 % , an increase of 4 basis points over the 5.31 % in the trailing quarter ; yield on average loans was 5.87 % , an increase of 2 basis points over the 5.85 % in the trailing quarter The average cost of total deposits was 1.26 % , a decrease of 1 basis point as compared to 1.27 % in the trailing quarter , and a decrease of 13 basis points from 1.39 % in the same quarter of the prior year Dividend Announcement The Company declared a quarterly cash dividend of $ 0.36 ( thirty - six cents ) per share on its common stock , no par value , on October 20 , 2026. The dividend is payable on November 27 , 2026 , to holders of record as of November 16 , 2026 . Executive Commentary : " We are very pleased with our strong third - quarter results . As we prepare for our merger with First Hawaiian Bank , we remain focused on serving our customers and delivering growth and strong financial results . This performance demonstrates the value Tri Counties Bank will bring to the combined bank . We are excited about the future and look forward to continuing our journey as ' California's Local Bank , " said Rick Smith , Chairman and CEO . Smith added , " I am deeply grateful to our customers , communities , vendors , employees , and shareholders for their enduring support , loyalty , and contributions throughout our 51 - year history . It is a privilege to serve you , and we look to the future with confidence that Tri Counties Bank will continue to be a significant force in California banking . " Selected Financial Highlights . • • • • For the quarter ended September 30 , 2026 , the Company's return on average assets was 1.50 % , while the return on average equity was 11.08 % ; for the trailing quarter ended June 30 , 2026 , the Company's return on average assets was 1.37 % , while the return on average equity was 10.15 % The loan to deposit ratio was 87.76 % as of September 30 , 2026 , as compared to 87.36 % for the trailing quarter end The efficiency ratio was 56.96 % for the quarter ended September 30 , 2026 , as compared to 56.25 % for the trailing quarter , inclusive of $ 3.8 million in merger related expenses during the current quarter , versus $ 0.9 million in the trailing quarter The benefit from credit losses totaled $ 1.9 million during the quarter ended September 30 , 2026 , as compared to $ 2.7 million in provision recorded during the trailing quarter The allowance for credit losses ( ACL ) to total loans was 1.73 % as of September 30 , 2026 , compared to 1.78 % as of the trailing quarter end , and 1.78 % as of September 30 , 2025. Non - performing assets to total assets were 0.79 % on September 30 , 2026 , as compared to 0.76 % as of June 30 , 2026 , and 0.72 % on September 30 , 2025 The financial results reported in this document are preliminary and unaudited . Final financial results and other disclosures will be reported on Form 10 - Q for the period ended September 30 , 2026 , and may differ materially from the results and disclosures in this document due to , among other things , the completion of final review procedures , the occurrence of subsequent events , or the discovery of additional information .