# Mission Valley Bancorp Q3 Net Income Slips to $1.2 million as Credit Provision Rises

> Mission Valley Bancorp posted $1.2 million in third-quarter net income and $0.36 per diluted share, down from $0.62 a year earlier on a higher credit loss provision.

- Published: 2026-10-31T00:33:56+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-31/mission-valley-bancorp-q3-earnings-drop
- Source: [TradingView](https://www.tradingview.com/news/tradingview:6820cdd5913c6:0-mission-valley-bancorp-mvly-q3-eps-falls-to-0-36-net-income-1-2m/)

## Key takeaways

- Mission Valley Bancorp reported third-quarter 2026 net income of $1.2 million, or $0.36 per diluted share, down from $0.62 a year earlier.
- Nine-month net income was $3.8 million, or $1.11 per share, versus $4.9 million, or $1.45 per share, a year ago.
- Non-interest-bearing demand deposits rose $15.2 million year to date, and the bank sold $13.4 million in SBA loans.

Mission Valley Bancorp reported third-quarter 2026 net income of $1.2 million, or $0.36 per diluted share, down from $0.62 per diluted share in the third quarter of 2025. [TradingView](https://www.tradingview.com/news/tradingview:6820cdd5913c6:0-mission-valley-bancorp-mvly-q3-eps-falls-to-0-36-net-income-1-2m/) published the results, which the company distributed through BusinessWire.

## Inside Mission Valley Bancorp's Third-Quarter Results

Mission Valley Bancorp is the holding company for [Mission Valley Bank](https://akta.pro/company-profiles/003v4j7/mission-valley-bank), a CDFI-designated community bank with four Southern California branches serving small and mid-sized businesses, entrepreneurs and nonprofits.

Nine-month net income was $3.8 million, or $1.11 per share, compared with $4.9 million, or $1.45 per share, a year earlier. The company attributed the lower quarterly result to a higher credit loss provision tied to one charge-off.

Non-interest-bearing demand deposits increased $15.2 million year to date. Gross loans grew $6.4 million, and the bank sold $13.4 million in SBA loans.

## Mission Valley Bank's Balance Sheet Figures

According to akta.pro [company records](https://akta.pro/company-data), Mission Valley Bank reported $773.8 million in total assets and $626.1 million in gross loans as of March 31, 2026. Deposits stood at $635.5 million at year-end 2025, up 15.26% year over year.

The same records list a $5 million grant in April 2023 led by the Community Development Financial Institutions Fund. The bank's [own site](https://www.missionvalleybank.com) describes its business banking, SBA lending and treasury management services.

## Leadership and Milestones Before the Results

In August 2026, Mission Valley Bank and Mission Valley Bancorp said Brian Carlson would become President and CEO of the Bank and President of the Bancorp, while founder Tamara Gurney moves to Executive Chair and CEO of the Bancorp and a board director, FinancialContent Business Page reported.

In July 2026, Mission Valley Bank marked its 25th anniversary, FinancialContent Business Page reported, citing a quarter century of serving businesses, professionals, nonprofits and individuals across Southern California.

Also in July 2026, AInvest reported that Mission Valley Bancorp's second-quarter CET1 capital ratio was 10.24%, correcting a previously reported figure.

## What Comes Next for Mission Valley Bancorp

Mission Valley Bancorp's fourth-quarter and full-year 2026 results will follow the third-quarter filing. The company has not stated a date for that release.

## Companies in this story

- [Mission Valley Bank company profile](https://akta.pro/company-profiles/003v4j7/mission-valley-bank) · website: https://www.missionvalleybank.com

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