Hyperion Bank Approaches $600 million in Assets as Earnings Rise 44% Through Q3 2026

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Hyperion Bank Approaches $600 million in Assets as Earnings Rise 44% Through Q3 2026

PR Newswire

Community bank reports strong deposit and loan growth, national and regional recognition, its upcoming 20th anniversary and a Money Market promo

PHILADELPHIA, Oct. 27, 2026 /PRNewswire/ -- Hyperion Bancshares, Inc., the holding company for Hyperion Bank, reported continued growth and stronger earnings through the third quarter of 2026, with total assets reaching $589.8 million as of Sept. 30, up 13.5% from a year earlier, according to its Q3 2026 Report to Shareholders.

"Our smart growth strategy is delivering measurable results," says longtime community banker Charlie Crawford, CEO & Chair. "Deposits grew more than 27% year over year, loans increased nearly 14%, and net income for the first nine months rose more than 44%. Those results reflect the work of our team and the strength of our customer relationships."

The bank – headquartered in Philadelphia, with a banking office in Atlanta – reported loans of $502.7 million, net of reserves, up 13.9% from Sept. 30, 2025, and deposits of $448.2 million, up 27.1%. Robust deposit growth helped reduce reliance on wholesale funding while supporting continued lending in Philadelphia, Atlanta and beyond.

Earnings and Shareholder Value: Net income for the first nine months of 2026 increased to $2.06 million from $1.43 million in the comparable 2025 period. Net interest income rose 10.2% to $13.1 million, while book value per common share increased 7.4% to $14.79.

"We are focused on building a strong, sustainable community bank," Crawford says. "Growing core customer relationships and maintaining financial discipline help us invest in the future while delivering long-term value to shareholders."

Recognition for Sustained Growth: Hyperion was named to the 2026 Inc. 5000 for the third consecutive year, rising to No. 2,693, with its ranking improving each year. It also earned a seventh consecutive place on the Philadelphia Business Journal's Fast 50 list of the region's fastest-growing companies and was the only bank on the list for the third year running.

Customer-Centered Growth: Hyperion introduced an Elite Money Market promotion offering a 4.50% annual percentage yield (APY), guaranteed through June 30, 2027, on eligible new deposits. Available to individuals and businesses, the promotion requires a minimum balance of $10,000 to earn the promotional APY. Full eligibility requirements and terms are available at HyperionBank.com.

What's Ahead: Hyperion Bank will celebrate its 20th anniversary in November 2026. Founded in 2006, Hyperion is a full-service community bank combining technology with highly accessible bankers and relationship-focused service.

"As we approach 20 years of serving customers, we are grateful for the confidence our customers, shareholders and communities have placed in Hyperion," says Lou DeCesare, a Philly native and longtime community banker who is Hyperion President & COO. "We're celebrating around the theme, '20 years of banking & backing our communities,' and look forward to building on that strong foundation."

Member FDIC. Equal Housing Lender. Offer of credit subject to approval. Certain products and services subject to terms and conditions. Promotional deposit rates and eligibility are subject to the bank's published terms.

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SOURCE Hyperion Bank