blueharbor bank reports 40% net income increase for Q2 2026

blueharbor bank announced on June 10, 2026, a significant increase in its financial performance for the second quarter of 2026. The Mooresville, North Carolina-based bank reported a net income of $3.52 million, or $1.16 per diluted share. This represents a 40% increase from the $2.51 million net income reported for the second quarter of 2025.

Total assets grew to $628.4 million as of June 30, 2026, an increase of 15% year-over-year. Gross loans also expanded by 16% to $537.1 million, while total deposits saw an 18% rise, reaching $551.2 million.

Asset quality remained strong, with the bank reporting zero non-performing assets for the seventh consecutive quarter. Capital levels were also maintained at high ratios, including a total risk-based capital ratio of 14.1%.

"We are pleased with our very solid performance for the second quarter and first half of 2026," said CEO Jim Marshall. "Our team continues to strengthen our valued relationships every day, which supports our consistent results."