Truxton Corporation reported earnings results for the second quarter and six months ended June 30, 2025. For the second quarter, the company reported net interest income was USD 8.47 million compared to USD 6.65 million a year ago. Net income was USD 5.32 million compared to USD 4.51 million a year ago. Basic earnings per share from continuing operations was USD 1.85 compared to USD 1.55 a year ago. Diluted earnings per share from continuing operations was USD 1.84 compared to USD 1.55 a year ago.
For the six months, net interest income was USD 15.72 million compared to USD 12.82 million a year ago. Net income was USD 10.37 million compared to USD 8.85 million a year ago. Basic earnings per share from continuing operations was USD 3.6 compared to USD 3.03 a year ago. Diluted earnings per share from continuing operations was USD 3.59 compared to USD 3.03 a year ago.
Truxton Corporation operates as a financial holding company. The Company operates, through its subsidiary, Truxton Trust Company (the Bank). The Bank provides a range of banking, investment management, and trust administration services to individuals, businesses, and charitable institutions. Its primary deposit products are demand, money market and certificates of deposit, and its primary lending products are residential and commercial real estate mortgages, commercial loans, and loans to individuals. Its loans portfolio segments include Commercial, Commercial Real Estate, Construction and Land Development, and Consumer. Commercial loans include loans for commercial, and agricultural purposes to business enterprises that are not secured by real estate. Commercial Real Estate loans provide commercial real estate mortgages (including those secured by multifamily properties). Residential Real Estate provides construction financing for small residential developers of single-family homes.
