LINKBANCORP Inc. reports third-quarter net interest income increase and $8.7 million gain from New Jersey operations sale

Reuters11-08
LINKBANCORP Inc. reports third-quarter net interest income increase and $8.7 million gain from <a href="https://laohu8.com/S/NJR">New Jersey</a> operations sale

LINKBANCORP Inc. reported total assets of $3.1 billion at September 30, 2025, an increase of $243.6 million, or 8.5%, from $2.9 billion at December 31, 2024. Net loans receivable rose by $202.3 million from $2.2 billion to $2.4 billion over the same period, and securities available-for-sale increased by $122.3 million. The company completed the sale of its New Jersey operations, resulting in an after-tax gain of approximately $8.7 million recorded within noninterest income. For the recent quarter, net interest income before provision for credit losses increased by $1.4 million compared to the previous quarter, while net interest margin decreased by five basis points.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LINKBANCORP Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-272457), on November 07, 2025, and is solely responsible for the information contained therein.
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