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Posted by
Two Blokes Apr 29 -
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SANTA ANA, CA / ACCESS Newswire / April 28, 2025 / Infinity Bancorp (OTCQB:INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced financial results for the quarter ended, March 31, 2025. Financial highlights for the first quarter of 2025: A cash dividend of $0.07 per common share was paid to shareholders during the first quarter of 2025 Total assets increased $6 million, or 1.81% since December 31, 2024 Total deposits increased $4 million, or 1.31% compared to the fourth quarter of 2024 Total stockholders' equity increased $1.5 million from December 31, 2024 Net interest margin increased 21 basis points from quarter ended December 31, 2024 Net income increased 49% when compared to the first quarter of 2024 Loans and Allowance for Credit Losses Total loans were $224.4 million as of March 31, 2025, compared to $226.3 million for the fourth quarter of 2024, a decrease of $1.9 million, or (0.9%).
