Continuously serving Kosciusko County since 1854
WABASH - FFW Corporation, parent corporation of Crossroads Bank, announced earnings for the quarter and year to date ended June 30.
For the three months ended June 30, the corporation reported net income of $1,762,000 or $1.62 per common share compared to $1,461,000 or $1.35 per common share for the three months ended June 30, 2025. Net interest income for the three months ended June 30 was $4,926,000 compared to $4,385,000 for the three months ended June 30, 2025. The provision for credit losses was $150,000 for the three months ended June 30, and $75,000 for the three months ended June 30, 2025. Total noninterest income was $1,367,000 for the three months ended June 30 compared to $1,221,000 for the three months ended June 30, 2025.
Noninterest expense was $4,154,000 for the three months ended June 30 and $3,906,000 for the three months ended June 30, 2025.
For the 12 months ended June 30 the corporation reported net income of $6,585,000 or $6.06 per common share compared to $5,542,000 or $5.01 per common share for the 12 months ended June 30, 2025. Net interest income for the 12 months ended June 30 was $18,789,000 compared to $16,279,000 for the 12 months ended June 30, 2025. Total noninterest income was $5,067,000 for the 12 months ended June 30 compared to $5,070,000 for the 12 months ended June 30, 2025. Noninterest expense was $16,036,000 for the 12 months ended June 30 and $15,006,000 for the 12 months ended June 30."
