Continuously serving Kosciusko County since 1854
WABASH - FFW Corporation, parent corporation of Crossroads Bank, announced earnings for the quarter ended Sept. 30, 2025.
For the three months ended Sept. 30, 2025, the corporation reported net income of $1,518,000 or $1.40 per common share compared to $1,243,000 or $1.09 per common share for the three months ended Sept. 30, 2024. Net interest income for the three months ended Sept. 30, 2025, was $4,514,000 compared to $3,782,000 for the three months ended Sept. 30, 2024.
Credit loss expense was $75,000 for the three months ended Sept. 30, 2025, and $0 for the three months ended Sept. 30, 2024. Total noninterest income was $1,268,000 for the three months ended Sept. 30, 2025, compared to $1,280,000 for the three months ended Sept. 30, 2024. Noninterest expense was $4,002,000 for the three months ended Sept. 30, 2025, and $3,695,000 for the three months ended Sept. 30, 2024.
The three months ended Sept. 30, 2025, represented a return on average common equity of 11.90% compared to 9.89% for the three months ended Sept. 30, 2024. The three months ended Sept. 30, 2025, represented a return on average assets of 1.06% compared to 0.86% for the three months ended Sept. 30, 2024.
