SB Financial Group, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 5, 2026, reporting third-quarter net income of $3,946 thousand and total assets of $1,614,491 thousand.

Key Highlights

  • Net income (Q3 2026): $3,946 thousand, compared to $4,046 thousand in Q3 2025.
  • Nine-month net income: $12,739 thousand for the nine months ended September 30, 2026, up from $10,056 thousand in the same period of 2025.
  • Total assets: $1,614,491 thousand as of September 30, 2026, compared to $1,545,367 thousand at December 31, 2025.
  • Total deposits: $1,382,864 thousand at September 30, 2026, up from $1,307,244 thousand at December 31, 2025.
  • Diluted earnings per share (Q3 2026): $0.63, compared to $0.64 in Q3 2025; nine-month diluted EPS was $2.04 versus $1.56 in 2025.
  • Shares outstanding: 6,246,126 common shares outstanding as of November 5, 2026.
  • Total comprehensive loss (Q3 2026): $(1,338) thousand, driven by a net unrealized loss on available-for-sale securities of $(5,284) thousand after tax.

SB Financial Group Reports Q3 2026 Results: Loan Growth and Deposit Expansion Detailed

According to the filing, SB Financial Group (NASDAQ:SBFG), headquartered in Defiance, Ohio, reported net interest income of $13,424 thousand for the three months ended September 30, 2026, up from $12,334 thousand in the year-ago quarter. Total interest income rose to $20,526 thousand from $18,809 thousand, while total interest expense increased to $7,102 thousand from $6,475 thousand over the same period. For the nine months ended September 30, 2026, net interest income was $39,090 thousand, compared to $35,741 thousand in the prior-year period.

The filing disclosed that total noninterest income for Q3 2026 was $4,651 thousand, compared to $4,244 thousand in Q3 2025. Contributing line items included wealth management fees of $954 thousand, customer service fees of $932 thousand, and gain on sale of mortgage loans and originated mortgage servicing rights of $1,262 thousand. Total noninterest expense for the quarter was $13,157 thousand, up from $11,498 thousand in Q3 2025, with salaries and employee benefits accounting for $7,339 thousand of that total. Total provision for credit losses was $127 thousand in Q3 2026, compared to $124 thousand in Q3 2025.

On the balance sheet, net loans (after allowance for credit losses of $16,377 thousand) stood at $1,202,412 thousand as of September 30, 2026, with gross loans net of unearned income at $1,218,789 thousand, up from $1,180,591 thousand at December 31, 2025. Total shareholders' equity was $144,344 thousand, compared to $141,236 thousand at year-end 2025. Accumulated other comprehensive loss widened to $(27,138) thousand from $(21,481) thousand, reflecting unrealized losses on available-for-sale securities. During the nine-month period, the company repurchased shares including 32,365 shares in Q1 and 28,364 shares in Q2, and declared dividends of $0.155 per share in Q1 and $0.16 per share in each of Q2 and Q3 2026, according to the filing.

What Was Disclosed

SB Financial Group filed its quarterly report covering the period ended September 30, 2026, disclosing condensed consolidated financial statements including the balance sheet, income statement, and shareholders' equity activity for the three and nine months ended September 30, 2026.