Mission Bank 4th Quarter 2025 Earnings Report

Bakersfield, Calif., January 30, 2026 - Mission Bancorp (“Mission” or the “Company”) (OTC Pink: MSBC), a bank holding company and parent of Mission Bank (the “Bank”), reported unaudited net income available to common shareholders of $8.2 million, or $2.88 per diluted common share, for the fourth quarter of 2025, compared to net income available to common shareholders of $7.7 million, or $2.72 per diluted common share, for the fourth quarter of 2024, and net income available to common shareholders of $8.6 million, or $3.05 per diluted common share, for the linked quarter. Unaudited net income for the year 2025 was $27.1 million, or $9.55 per diluted common share, compared to net income available to common shareholders of $30.1 million for 2024, or $10.73 per diluted common share.

“We are pleased to announce a strong close to 2025 with 13.2% loan growth year-over-year, contributing to margin expansion in all four quarters of 2025” said Mission Bank President and CEO A.J. Antongiovanni. “That growth, combined with an improving yield curve, allowed us to increase net interest income in the fourth quarter and year-over-year despite the Fed’s continuing interest rate cuts.  We are also happy to report fourth quarter earnings of $8.2 million, representing a 6.3% increase over the same quarter last year. As we kick off 2026, we are proud to announce the onboarding of our new team in North San Luis Obispo County. Led by Mark Pearce, a 30-year industry veteran, this expansion strengthens our existing services to farmers, ranchers, and business owners on the Central Coast.”

Fourth Quarter 2025 Financial Highlights

• Gross loans increased by $169.9 million, or 13.2%, to $1.46 billion as of December 31, 2025, compared to $1.29 billion as of December 31, 2024, and increased by $44.1 million, or 3.1%, compared to September 30, 2025, balances.
• Total deposits increased by $7.0 million, or 0.4%, to $1.66 billion as of December 31, 2025, compared to $1.65 billion a year earlier, and decreased by $72.8 million, or 4.2%, from $1.73 billion as of September 30, 2025. Non-interest-bearing deposits were $662.8 million and represent 40.0% of total deposits as of December 31, 2025.
• The allowance for credit losses (“ACL”) as a percentage of gross loans was unchanged at 1.50% as of December 31, 2025, compared to December 31, 2024.
• Credit quality remains strong with nonaccrual loans representing 0.18% of total gross loans as of December 31, 2025, up from 0.08% as of December 31, 2024.
• The Community Bank Leverage Ratio for the Bank as of December 31, 2025, was 11.61%, compared to 11.07% as of December 31, 2024.