Solera National Bancorp Announces Third Quarter 2026 Financial Results

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Solera National Bancorp Announces Third Quarter 2026 Financial Results

ECONOMY 30.10.2026

Q3 2026 pre-tax, pre-provision, and pre-treasury income was $7.6 million.

Net income loss of ($8.9) million ($2.07) per share.

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LAKEWOOD, CO / ACCESS Newswire / October 30, 2026 / Solera National Bancorp, Inc. (OTCID:SLRK) ("Company"), the holding company for Solera National Bank ("Bank"), a business-focused bank located in the Denver metropolitan area, today reported financial results for the three months ended September 30, 2026. See highlights below.

3Q26 Financial Highlights

Pre-tax pre-provision pre-treasury income of $7.6 million, a $2.1 million or 38% increase from Q3 2025.
Total interest income of $22.2 million, a $5.0 million increase, or a 34% increase from Q3 2025.
Total net interest income of $12.4 million, a $2.2 million increase or 22% from Q3 2025.
Solera has reclassified some of its treasury trading securities from 'available-for-sale' (held in capital AOCI) to 'trading' (taken directly to income) during 2026. Our core earnings have remained strong.

About Solera National Bancorp, Inc.

Solera National Bancorp, Inc. was incorporated in 2006 to organize and serve as the holding company for Solera National Bank, which opened for business in September 2007. Solera National Bank is a community bank serving the needs of emerging businesses and real estate investors. At the core of Solera National Bank is welcoming, attentive, and respectful customer service, a focus on supporting a growing and diverse economy, and a passion to serve our community through service, education, and volunteerism. For more information, please visit http://www.SoleraBank.com.

This press release contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements contained in this release, which are not historical facts and that relate to future plans or projected results of Solera National Bancorp, Inc. and its wholly-owned subsidiary, Solera National Bank, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, or implied. We undertake no obligation to update or revise any forward-looking statement. Readers of this release are cautioned not to put undue reliance on forward-looking statements.

Contacts: Jay Hansen, CFO (303) 209-8600

FINANCIAL TABLES FOLLOW

SOLERA NATIONAL BANCORP, INC.
CONSOLIDATED BALANCE SHEET

(unaudited)
($000s)	9/30/2026		6/30/2026		3/31/2026		12/31/2025		9/30/2025
ASSETS	Revised		Revised
Cash and due from banks	$	1,586	$	1,358	$	2,059	$	2,280	$	1,378
Federal funds sold	4,000	-	-	-	23,900
Interest-bearing deposits with banks	1,792	1,498	1,694	1,706	1,872
Investment securities, available-for-sale	524,791	586,869	624,921	650,464	324,376
FHLB and Federal Reserve Bank stocks, at cost	10,919	8,413	14,069	16,144	3,171
Traditional loans, gross	945,691	899,753	916,277	829,057	764,433
Allowance for loan and lease losses	(14,491	)	(13,592	)	(13,178	)	(12,225	)	(11,218	)
Net traditional loans	931,200	886,161	903,099	816,832	753,215
Premises and equipment, net	38,133	34,347	35,227	36,469	36,911
Accrued interest receivable	11,283	15,127	11,249	12,609	8,148
OREO	998	998	998
Bank-owned life insurance	5,355	5,321	5,288	5,256	5,223
Other assets	24,371	14,047	13,162	11,094	11,032
TOTAL ASSETS	$	1,554,428	$	1,554,139	$	1,611,766	$	1,552,854	$	1,169,226
LIABILITIES AND STOCKHOLDERS' EQUITY
Noninterest-bearing demand deposits	$	443,777	$	439,080	$	443,661	$	471,977	$	452,965
Interest-bearing demand deposits	130,210	89,791	93,520	97,338	88,048
Savings and money market deposits	260,127	150,861	127,259	134,847	121,868
Time deposits	427,689	612,089	569,484	421,479	358,976
Total deposits	1,261,803	1,291,821	1,233,924	1,125,641	1,021,857
Accrued interest payable	1,837	2,255	2,282	1,531	1,587
Short-term borrowings	158,049	98,939	223,414	278,525	-
Long-term FHLB borrowings	34,000	34,000	34,000	34,000	34,000
Accounts payable and other liabilities	12,634	7,090	8,892	6,267	6,392
TOTAL LIABILITIES	1,468,323	1,434,105	1,502,512	1,445,964	1,063,836
Common stock	43	43	43	43	43
Additional paid-in capital	38,788	38,778	38,763	38,748	38,793
Retained earnings	95,373	104,283	98,188	95,461	89,549
Accumulated other comprehensive (loss) gain	(48,099	)	(23,070	)	(27,740	)	(27,362	)	(22,995	)
TOTAL STOCKHOLDERS' EQUITY	86,105	120,034	109,254	106,890	105,390
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	1,554,428	$	1,554,139	$	1,611,766	$	1,552,854	$	1,169,226

SOLERA NATIONAL BANCORP, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

Three Months Ended
($000s, except per share data)	9/30/2026		6/30/2026		3/31/2026		12/31/2025		9/30/2025
Interest and dividend income	Revised		Revised
Interest and fees on traditional loans	$	15,144	$	15,251	$	14,473	$	13,632	$	12,802
Investment securities	6,878	8,282	7,215	5,515	4,275
Dividends on bank stocks	200	261	239	194	91
Other	13	17	18	28	26
Total interest income	$	22,235	$	23,811	$	21,945	$	19,369	$	17,194
Interest expense
Deposits	8,158	9,008	7,631	6,867	6,463
FHLB & Fed borrowings	1,698	2,003	1,869	1,588	550
Total interest expense	9,856	11,011	9,500	8,455	7,013
Net interest income	12,379	12,800	12,445	10,914	10,181
Provision for loan and lease losses	1,901	605	1,008	1,010	6
Net interest income after provision for loan and lease losses	10,478	12,195	11,437	9,904	10,175
Noninterest income
Customer service and other fees	227	251	279	262	284
Other income	574	506	1,128	310	711
Gain on sale of securities	(17,651	)	1,633	(1,492	)	3,297	2,986
Total noninterest income	(16,850	)	2,390	(85	)	3,869	3,981
Noninterest expense
Employee compensation and benefits	3,118	2,966	2,956	2,560	2,838
Occupancy	564	520	496	550	538
Professional fees	335	905	2,299	1,137	677
Other general and administrative	1,604	1,850	1,634	1,560	1,629
Total noninterest expense	5,621	6,241	7,385	5,807	5,682
Net Income Before Taxes	$	(11,993	)	$	8,344	$	3,967	$	7,966	$	8,474
Income Tax Expense	(3,083	)	2,250	1,239	2,054	1,934
Net Income	$	(8,910	)	$	6,094	$	2,728	$	5,912	$	6,540
Income Per Share	$	(2.07	)	$	1.42	$	0.63	$	1.37	$	1.52
Tangible Book Value Per Share	$	20.02	$	27.92	$	25.41	$	24.86	$	24.51
WA Shares outstanding	4,299,953	4,299,953	4,299,953	4,299,953	4,299,953
Pre-Tax, Pre-Provision, Pre-Treasury Income	$	7,559	$	7,316	$	6,467	$	5,679	$	5,494
Net Interest Margin	3.43	%	3.30	%	3.54	%	3.55	%	3.70	%
Cost of Funds	2.73	%	2.84	%	2.72	%	2.72	%	2.54	%
Efficiency Ratio	42.65	%	46.04	%	53.31	%	50.56	%	50.84	%
Return on Average Assets	(2.29	)%	1.54	%	0.69	%	1.74	%	2.17	%
Return on Average Equity	(34.58	)%	21.26	%	10.10	%	22.28	%	26.46	%
Leverage Ratio	8.6	%	9.2	%	8.5	%	8.6	%	11.0	%
Asset Quality:
Non-performing loans to gross loans	0.48	%	0.50	%	0.49	%	0.55	%	0.59	%
Non-performing assets to total assets	0.36	%	0.36	%	0.34	%	0.29	%	0.39	%
Allowance for loan losses to gross traditional loans	1.53	%	1.51	%	1.44	%	1.47	%	1.47	%
* Not meaningful due to the insignificant amount of non-performing loans.
Criticized loans/assets:
Special mention	$	17,595	$	12,775	$	12,499	$	18,986	$	19,306
Substandard: Accruing	12,719	28,317	42,577	44,873	35,447
Substandard: Nonaccrual	21,038	12,267	4,125	4,757	8,281
Doubtful	-	-	-	-	-
Total criticized loans	$	51,352	$	53,359	$	59,201	$	68,616	$	63,034
Other real estate owned	998	998	998	-	-
Investment securities	-	-	-	-	-
Total criticized assets	$	52,350	$	54,357	$	60,199	$	68,616	$	63,034
Criticized assets to total assets	3.37	%	3.50	%	3.73	%	4.42	%	5.39	%

SOURCE: Solera National Bancorp, Inc.

View the original press release on ACCESS Newswire

A.Jones--AMWN

American Marconi Wireless News - Solera National Bancorp Announces Third Quarter 2026 Financial Results

Solera National Bancorp Announces Third Quarter 2026 Financial Results

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