The North Carolina-based bank reported a 26.1% year-over-year increase in net income to $5.4 million for the first half.
KS Bancorp reported first-half GAAP earnings per share of $2.57, driven by a 26.1% year-over-year increase in net income to $5.4 million. Revenue reached $9.31 million for the period.
Net interest income before provisions climbed 19.1% to $8.2 million compared to the same period last year. Total assets grew 6.4% to $875.5 million, while net loans increased 7.5% to $714.3 million from December 31, 2025.
Deposits rose 4.6% to $784.1 million over the same period, reflecting continued balance sheet expansion.