WABASH - FFW Corporation, parent corporation of Crossroads Bank, announced earnings for the quarter ended Sept. 30.
For the three months ended Sept. 306, the corporation reported net income of $1,920,000 or $1.77 per common share compared to $1,518,000 or $1.40 per common share for the three months ended Sept. 30, 2025.
Net interest income for the three months ended Sept. 30 was $5,166,000 compared to $4,514,000 for the three months ended Sept. 30, 2025. Credit loss expense was $75,000 for the three months ended Sept. 30 and for the three months ended Sept. 30, 2025.
Total noninterest income was $1,415,000 for the three months ended Sept. 30 compared to $1,268,000 for the three months ended Sept. 30, 2025. Noninterest expense was $4,274,000 for the three months ended Sept. 30 and $4,002,000 for the three months ended Sept. 30, 2025.
The three months ended Sept. 30 represented a return on average common equity of 12.93% compared to 11.90% for the three months ended Sept. 30, 2025. The three months ended Sept. 30 represented a return on average assets of 1.24% compared to 1.06% for the three months ended Sept. 30, 2025.