The bank reported a $71.2 million increase in total deposits to $2.78 billion for the quarter ending June 30, 2026.
Lake Ridge Bancorp Inc. posted second-quarter GAAP earnings per share of $4.36, reflecting steady financial performance. Total deposits rose by $71.2 million to $2.78 billion as of June 30, 2026, compared with $2.71 billion at the end of 2025.
The growth was driven by higher balances in interest-bearing checking and money market accounts. The increase aligns with broader trends in deposit accumulation amid shifting interest rate environments.
No immediate market reaction was disclosed in the release.