Tri-County Financial Group, Inc. (TYFG) reported robust financial performance for the full year 2025, with net income reaching $13.7 million, or $5.73 per share, representing a 32% increase compared to $10.4 million ($4.33 per share) in 2024. Fourth quarter results demonstrated continued momentum, with net income of $3.9 million ($1.64 per share), up significantly from $2.4 million ($1.00 per share) in the prior year quarter.
The company's earnings growth was driven primarily by strong net interest income, which increased 21% year-over-year to $13.2 million, reflecting improved net interest margins across the lending portfolio. Loan assets expanded 3% to $1.33 billion, while customer deposits grew by $30.6 million on a year-over-year basis, indicating solid momentum in both lending and deposit gathering operations.
Asset quality metrics remained solid throughout the period, with nonperforming loans comprising 0.43% of total loans, well below industry averages. The company maintained a healthy capital position with a Tier 1 leverage ratio of 10.02%, supporting its capacity for continued growth and operational flexibility.