JEFFERSONVILLE, NY— Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced that net income for the year ended December 31, 2025 was $12,553,000 or $2.96 per share, compared to $11,330,000 or $2.68 per share for the same period in 2024. This represents an increase of $1,223,000 or 10.8 percent. The increase in full-year net income was primarily attributable to an increase in loan interest and fees of $1,890,000 and a decrease in interest expense of $1,989,000. 

These gains were partially offset by a decrease in securities and other interest and dividends of $1,705,000, a decrease in non-interest income of $206,000, an increase in total non-interest expenses of $215,000, and an increase in tax expense of $335,000 compared to the same period in 2024.

 “I am very pleased to report that our full year results represented the fourth consecutive year of record earnings for the company,” said George Kinne, Jr., president/CEO. “Jeff Bank’s strong core deposit base was evidenced by our interest expense being in the lowest percentile among its peer group of 1,296 insured commercial banks in the United States with assets between $300 million and $1 billion. In addition, our return on assets (ROA) of 1.90 percent was 53 percent higher, and our leverage capital ratio of 14.68 percent was 35 percent higher than the average of those same peers. ”

A cash dividend in the amount of fifteen cents ($0.15) per share on the common stock of the company was declared at the February 10 board meeting. The dividend is payable on March 6 to stockholders of record at the close of business on February 25.