Articles from 1st Summit Bancorp of Johnstown, Inc.

1st Summit Bancorp of Johnstown, Inc. (OTCID: FSMK) (the “Company”), parent company of 1st Summit Bank, today announced net income of $2.5 million for the second quarter ended June 30, 2026.

1st Summit Bancorp of Johnstown, Inc. (“1st Summit” or the “Company”) reported net income of $2.3 million for the first quarter of 2026, an increase of 34.7% compared to the fourth quarter of 2025.

1ST SUMMIT BANCORP OF JOHNSTOWN today announced financial results for the quarter ended December 31, 2025.

1ST SUMMIT BANCORP OF JOHNSTOWN today announced financial results for the quarter ended September 30, 2025, marking another period of strong performance. Net income for the quarter was $1.7 million, up 46% from $1.2 million in the second quarter of 2025. Annualized return on average assets improved to 0.46% from 0.33% for the prior quarter, and return on average equity advanced proportionately over the same period. Net interest margin widened to 2.28% compared to 2.18% for the prior quarter, reflecting continued momentum in core earnings strength.

1st Summit Bancorp of Johnstown (the “Company”) today reported its financial results for the second quarter ended June 30, 2025, delivering its strongest quarterly performance in recent years, driven by meaningful expansion in core profitability metrics, improved asset yields, and disciplined cost control. These results reflect the impact of the strategic initiatives launched over the past twelve months, particularly those focused on optimizing funding, reallocating capital to higher-yielding assets, and sustaining credit quality.

1st Summit Bancorp of Johnstown (OTC: FSMK) (“1st Summit”), the parent company of 1st Summit Bank (the “Bank”) today announced financial results for the first quarter ended March 31, 2025.

1st Summit Bancorp of Johnstown, Inc. (OTC Pink: FSMK), the parent company for 1st Summit Bank (the “Bank”), announced today that Eric Renner has submitted his voluntary resignation due to personal reasons as President and Chief Executive Officer and Director of the Company and the Bank, effective March 28, 2025. Mr. Renner has served in these positions at the Bank since June 2020 and of the Company since January 2023.

1st Summit Bancorp of Johnstown, Inc. (OTC: FSMK) (“1st Summit”), the parent company of 1st Summit Bank (the “Bank”) today reported net income available to common shareholders for the quarter ended December 31, 2024, of $3.2 million, or $1.48 per common share, compared to net income of $750 thousand, or $0.34 per common share for the quarter ended December 31, 2023.