John Marshall Bancorp, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting second-quarter and year-to-date financial results for the Virginia-based bank holding company.

Key Highlights

  • Q2 2026 net income: $7,019 thousand, compared with $5,103 thousand for Q2 2025, according to the filing.
  • Six-month net income: $13,121 thousand for the six months ended June 30, 2026, versus $9,913 thousand for the same period in 2025.
  • Net interest income: $17,334 thousand for Q2 2026, up from $14,926 thousand in Q2 2025; $33,843 thousand for the first half of 2026 versus $29,023 thousand in the first half of 2025.
  • Total assets: $2,402,421 thousand as of June 30, 2026, compared with $2,332,550 thousand at December 31, 2025.
  • Loans, net: $1,994,743 thousand at June 30, 2026, up from $1,955,555 thousand at December 31, 2025.
  • Earnings per share: $0.50 basic and diluted for Q2 2026; $0.93 basic and diluted for the six months ended June 30, 2026.
  • Shares outstanding: 14,112,134 shares of common stock as of July 30, 2026, per the filing cover page.

John Marshall Bancorp Q2 2026: Income, Balance Sheet, and Loan Portfolio Details

According to the filing, John Marshall Bancorp (Nasdaq: JMSB) reported total interest and dividend income of $29,749 thousand for Q2 2026, compared with $27,843 thousand for Q2 2025. Interest expense declined to $12,415 thousand from $12,917 thousand over the same comparison period, with deposit interest expense falling to $11,517 thousand from $12,001 thousand. The provision for credit losses was $258 thousand in Q2 2026, down from $537 thousand in Q2 2025. Total non-interest income for Q2 2026 was $1,443 thousand, which the filing notes included an $835 thousand gain on sale of other assets not present in the prior-year quarter.

On the expense side, the filing disclosed total non-interest expenses of $9,490 thousand for Q2 2026 versus $8,313 thousand for Q2 2025, with salaries and employee benefits rising to $6,157 thousand from $5,178 thousand. Income before income taxes reached $9,029 thousand in Q2 2026, and income tax expense was $2,019 thousand, resulting in net income of $7,019 thousand. For the six-month period, income before taxes was $16,877 thousand and income tax expense was $3,756 thousand.

The consolidated balance sheet as of June 30, 2026 showed total deposits of $1,992,985 thousand, up from $1,972,285 thousand at December 31, 2025, with time deposits increasing to $811,636 thousand from $759,546 thousand. Total shareholders' equity was $273,784 thousand at quarter-end, compared with $265,638 thousand at year-end 2025. Accumulated other comprehensive loss widened to $(7,759) thousand from $(7,115) thousand. The allowance for loan credit losses stood at $20,196 thousand as of June 30, 2026. The company is classified as an accelerated filer, a smaller reporting company, and an emerging growth company under the filing.

What Was Disclosed

The 10-Q covers John Marshall Bancorp's financial position and operating results for the three and six months ended June 30, 2026, including balance sheet data, income statements, and shareholder equity changes compared with December 31, 2025 and the prior-year periods.