Muncy Columbia Financial Corporation (“Corporation”) (OTCQX: CCFN), parent company of Journey Bank (“Bank”), has released its unaudited consolidated financial results for the second quarter of 2026.

Unaudited Financial Information

Net income, as reported under accounting principles generally accepted in the United States of America (“GAAP”), for the second quarter 2026 was $7,155,000, or $0.67 per share, compared to $5,768,000, or $0.54 per share, for the second quarter 2025. Net income, as reported under GAAP, for the six months ended June 30, 2026 was $14,311,000, or $1.35 per share, compared to $10,113,000, or $0.95 per share for the same period in 2025. Return on average assets and return on average equity were 1.70% and 14.65%, respectively, for the second quarter 2026 as compared to 1.44% and 13.33%, respectively, for the second quarter 2025.

Net interest income of $16,769,000 for the second quarter 2026 increased $1,961,000 from the second quarter 2025 amount of $14,808,000, reflecting an increase in total interest and dividend income of $1,737,000 and a decrease of $224,000 in total interest expense. The fully-tax equivalent net interest margin was 4.37% for the second quarter 2026 as compared to 4.04% for the second quarter 2025.

For the second quarter 2026, a $394,000 provision for credit losses was recorded compared to a $254,000 provision for the second quarter 2025. The allowance for credit losses to total loans was 0.85% at both June 30, 2026 and December 31, 2025.

Total non-interest income increased $323,000 to $2,560,000 for the second quarter 2026, compared to the second quarter 2025 amount of $2,237,000. Realized losses on available-for-sale debt securities, net, totaled $1,445,000 for the second quarter 2026 compared to $426,000 for the second quarter 2025. This change was offset by $605,000 of one-time gains recognized related to bank-owned life insurance claims in the second quarter 2026 as well as an increase in other non-interest income of $400,000 which was primarily related to incentives received pursuant to the Bank’s debit card processing contract during the second quarter 2026.

Total non-interest expense increased $564,000 from $9,856,000 for the second quarter 2025, to $10,420,000 for the second quarter 2026. Salaries and employee benefits expense of $5,580,000 for the second quarter 2026 increased $596,000 from $4,984,000 for the second quarter 2025. This increase was related to health insurance expenses associated with the Corporation’s partially self-funded health insurance plan which were $316,000 higher in the second quarter 2026 than the second quarter 2025 along with ongoing salary and wage increases for employees. The increase in salaries and employee benefits expense was partially offset by a decrease in data processing and telecommunications expenses of $116,000 due to one-time charges incurred in conjunction with the implementation of new products during the second quarter 2025.

Total assets amounted to $1,672,332,000 at June 30, 2026, as compared to $1,673,199,000 at December 31, 2025. For the six months ended June 30, 2026, cash and cash equivalents decreased $28,396,000 and loans receivable held for investment increased by $28,603,000. Total liabilities amounted to $1,473,665,000 at June 30, 2026, as compared to $1,480,658,000 at December 31, 2025. Total deposits increased $20,843,000 while short-term borrowings increased $11,841,000 and long-term borrowings decreased $40,584,000 during the six months ended June 30, 2026. During the second quarter 2026, the Corporation prepaid, in full, its outstanding long-term FHLB borrowings.

Total non-performing assets amounted to $8,881,000 or 0.53% of total assets at June 30, 2026, as compared to $11,978,000 or 0.72% of total assets at December 31, 2025. The decrease in non-performing assets was primarily attributable to a decrease in non-accrual loans from $11,523,000 at December 31, 2025, to $8,881,000 at June 30, 2026.

Total stockholders’ equity equated to a book value per share of $18.72 at June 30, 2026, as compared with $18.15 at December 31, 2025. For the second quarter 2026 total cash dividends of $0.155 per share were declared as compared to $0.317 for the same period of 2025. For the six months ended June 30, 2026, total cash dividends of $0.642 per share were declared as compared to $0.467 for the same period of 2025, which included the impact of special one-time dividends of $0.333 per share and $0.167 per share for the six months ended June 30, 2026 and 2025, respectively. The Corporation remains well capitalized, with an equity to assets ratio of 11.88% at June 30, 2026, as compared to 11.51% at December 31, 2025.

Stock Split

On April 23, 2026, the Corporation’s Board of Directors declared a three-for-one stock split in the form of a 200% stock dividend on its outstanding shares of common stock. Each shareholder of record as of the close of business on May 7, 2026 received two additional shares of common stock for each share then held, effective May 15, 2026. The dividend was paid in authorized but unissued shares of common stock of the Corporation. The par value of the Corporation's stock was not affected by the split and remained at $1.25 per share. All share and per share amounts reported in this press release have been adjusted to reflect the three-for-one stock split.

About Muncy Columbia Financial Corporation

Muncy Columbia Financial Corporation (“MCFC”) is a registered financial holding company headquartered in Bloomsburg, Pennsylvania. MCFC has one subsidiary bank, Journey Bank, serving individuals, families, nonprofits and business clients throughout Clinton, Columbia, Luzerne, Lycoming, Montour, Northumberland and Sullivan Counties through 22 banking offices.

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of current or historical fact and involve substantial risks and uncertainties. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “projects,” “may,” “will,” “should,” and other similar expressions can be used to identify forward-looking statements. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements include, but are not limited to the following: changes in general economic trends, including inflation and changes in interest rates; our ability to manage credit risk; our ability to maintain an adequate level of allowance for credit loss on loans; increased competition; changes in consumer demand for financial services; our ability to control costs and expenses; fluctuations in the values of securities held in our securities portfolio, including as a result of changes in interest rates; our ability to successfully manage liquidity risk; adverse developments in borrower industries and, in particular, declines in real estate values; the concentration of large deposits from certain customers who have balances above current FDIC insurance limits; changes in and compliance with federal and state laws that regulate our business and capital levels; our ability to raise capital as needed; and any other risks described in the “Risk Factors” sections of reports filed by the Corporation with the Securities and Exchange Commission. We do not undertake, and specifically disclaim, any obligation to publicly revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, except as required by law. Accordingly, you should not place undue reliance on forward-looking statements.

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