HONESDALE, PA – TDimeco, Inc. (OTCQX: DIMC), the parent holding company of The Dime Bank, announced earnings last week for the period ending September 30, 2025.
Net income was $12.7 …
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HONESDALE, PA – TDimeco, Inc. (OTCQX: DIMC), the parent holding company of The Dime Bank, announced earnings last week for the period ending September 30, 2025.
Net income was $12.7 million for the first nine months of 2025, an increase of $3.4 million or 36.4% compared to the first nine months in 2024. This level of income resulted in a return on average assets of 1.52% and a return on average equity of 15.02% for the nine months ended September 30, 2025. The Board of Directors declared dividends totaling $1.26 per share during the first nine months of 2025, an increase of 5.0% over the amount paid for the same period in 2024.
Total assets of $1.136 billion on September 30, 2025, increased $67.7 million or 6.3% over balances on September 30, 2024. The loan portfolio at $819.3 million increased $44.9 million or 5.8% over balances a year earlier. Total deposits at $935.8 million increased $53.5 million or 6.1% from balances on September 30, 2024. Stockholders’ equity grew by $12.8 million or 11.8% to $120.9 million as of September 30, 2025.
President & Chief Executive Officer Peter Bochnovich stated, “I am pleased to share Dimeco’s third-quarter 2025 results. The strong momentum from the first half continued, with loan and deposit growth exceeding projections. Prudent balance sheet management contributed to the solid performance detailed in our financial highlights. With one quarter remaining, we remain optimistic and committed to pursuing strategic opportunities while upholding sound banking principles. Thank you to our customers, shareholders, staff, and community for your continued support.”
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