BankFirst Capital Corporation Reports Third Quarter 2026 Net Income of $8.53 Million

BankFirst Capital Corporation, the parent company of BankFirst Financial Services, announced its financial results for the third quarter of 2026, reporting a net income of $8.53 million, or $1.47 per common share. The figures compare to a net income of $8.66 million, or $1.48 per common share, for the second quarter of 2026, and $5.20 million, or $0.83 per common share, for the third quarter of 2025.

Management highlighted steady balance sheet figures and continued credit quality amidst ongoing macroeconomic conditions. The institution operates across Mississippi and Alabama, offering a broad suite of commercial and retail banking services.

Financial Highlights for Q3 2026

• Net Income: $8.53 million ($1.47 per common share), compared to $5.20 million in Q3 2025.
• Net Interest Income: $30.45 million, representing a 5% increase from $29.02 million in the same period last year.
• Total Assets: Reached $3.43 billion as of September 30, 2026, reflecting a 2.7% increase year-over-year.
• Total Loans: Gross loans grew 7% to $2.35 billion compared to $2.20 billion at September 30, 2025.
• Total Deposits: Increased by 2.6% to $2.92 billion from $2.84 billion year-over-year.

Credit Quality and Capital Position

• Non-Performing Assets: The ratio of non-performing assets (excluding restructured loans) to total assets stood at 0.52% at the end of the third quarter, compared to 0.46% in Q3 2025.
• Community Bank Leverage Ratio: Both the company and bank maintain capital levels well above regulatory thresholds to be deemed "well-capitalized," with the bank-only CBLR at 11.21%.
• ECIP Participation: The company reported meeting the "Deep Impact Condition" under the Emergency Capital Investment Program and is monitoring originations ahead of a potential dividend rate reset in June 2027.

Practical Implications and Verification

Stakeholders and investors can review the complete financial disclosures, non-GAAP reconciliations, and regulatory filings directly through BankFirst's official investor relations channels or the OTCQX market portal under the ticker symbol BFCC. Verification of official announcements should be sought via the company website at www.BankFirstfs.com or regulatory filings submitted to federal oversight agencies.