Total assets of $4.12 billion, net income of $12.9 million, and a return on average assets of 1.25 percent.
CHATTANOOGA, Tenn. Calder Financial Corporation, the holding company for Calder Bank & Trust, N.A., today reported net income of $12.9 million, or $1.03 per diluted share, for the quarter ended December 31, 2025. The company reported net income of $11.6 million, or $0.92 per diluted share, for the same quarter of 2024.
For the full year, net income was $44.3 million, or $3.53 per diluted share.
Total assets were $4.12 billion at quarter end. Total deposits were $3.49 billion and total loans were $2.93 billion. Net interest margin was 3.52 percent for the quarter. The efficiency ratio was 58.4 percent. Nonperforming assets were 0.27 percent of total assets. Return on average assets was 1.25 percent.
Assets under administration in the Wealth and Trust division were $3.1 billion at quarter end.
"We added 29 commercial relationships in the quarter, most of them in Nashville and Middle Tennessee, and we added them without reaching for credit we would be explaining later," said Ellis R. Vandergriff, President and Chief Executive Officer.
"Deposit costs stabilized during the quarter and our funding mix held," said Margo Ballew, Executive Vice President and Chief Financial Officer. "We continue to carry capital above our internal targets, with a common equity tier one ratio of 12.2 percent."
The board of directors declared a quarterly cash dividend of $0.20 per share, payable March 4, 2026 to shareholders of record on February 18, 2026.
Calder Bank & Trust, N.A. is a national banking association headquartered in Chattanooga, Tennessee, founded in 1913. The bank operates 61 offices across Tennessee, north Georgia and north Alabama and has approximately $4.1 billion in assets. It provides retail banking, commercial and treasury services, and wealth and trust administration. The bank is a wholly owned subsidiary of Calder Financial Corporation. Member FDIC. Equal Housing Lender.
There is no established public trading market for the common stock of Calder Financial Corporation. The stock is held by approximately 1,400 holders of record and is not listed on any exchange or quoted on any interdealer quotation system.
Lauren Pickett, Vice President and Director of Corporate Communications
(423) 555-0134 · lauren.pickett@calderbankonline.com