Hoyne Bancorp (HYNE) Q4 2025 earnings summary

Executive summary

• Completed mutual-to-stock conversion on December 3, 2025, raising $79.4 million in gross proceeds and listing on Nasdaq under HYNE.

• As of December 31, 2025, total assets were $489.4 million, net loans $267.9 million, deposits $321.6 million, and equity $161.4 million.

• Net income for 2025 was $233,000, reversing a net loss of $2.0 million in 2024.

Financial highlights

• Total assets increased by $39.9 million (8.9%) year-over-year, driven by higher cash and loan balances.

• Net loans grew by $27.0 million (11.2%) to $267.9 million, reflecting a strategic shift toward commercial lending.

• Deposits declined by $35.7 million (10.0%) to $321.6 million, mainly due to a reduction in certificates of deposit.

• Net interest income rose to $14.1 million from $9.7 million, with net interest margin improving to 3.24% from 2.38%.

• Noninterest expense increased by $1.4 million, including a one-time $1.9 million charitable foundation contribution.

• Allowance for credit losses increased to $2.7 million, with nonperforming loans at 0.16% of total loans.

Outlook and guidance

• Management expects noninterest expenses to rise as operations expand and new stock benefit plans are implemented.

• Liquidity and capital positions are strong, with no FHLB advances outstanding and capacity to borrow $66.1 million.

• Anticipates retention of a significant portion of maturing certificates of deposit.