JEFFERSONVILLE, NY — Jeffersonville Bancorp (OTCQB - JFBC) announced third-quarter net income of $3,293,000 or $0.78 per share compared to $3,092,000 or $0.73 per share for the same quarter in 2024.

The increase in quarterly net income was primarily attributable to a reduction in interest expense of $554,000 and an increase of $500,000 in loan interest and fees, as well as other reductions. 

Year-to-date net income as of September 30, 2025 was $9,301,000 or $2.20 per share compared to $8,676,000 or $2.05 per share for the same period in 2024. 

“To date, lower interest expense and interest income from higher loan balances have more than offset decreases in income related to rate cuts by the Federal Reserve board,” said George Kinne Jr., president/CEO. “With the path of future rate cuts uncertain, the company has maintained a liquid balance sheet and continues to be well positioned to outperform peers in the near term.”

A cash dividend in the amount of fifteen cents ($0.15) per share on the common stock of the company was declared at the November 13 meeting.  

Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank. Jeff Bank maintains 10 full-service branches in Sullivan and Orange counties.