Q1 Report: Atlanta's Hyperion Bancshares Continues Growth
Tuesday, April 22nd, 2025
In its Q1 2025 Report to Shareholders, Hyperion Bancshares, Inc., Hyperion Bank’s holding company, notes that despite some economic uncertainty, the company continues to grow.
“Loans are up by 9% over the last year, with deposits increasing by 8%,” says the bank’s CEO and Chairman Charlie Crawford, a longtime community banker. “Total assets ended the quarter at $464,359,368 and our equity now exceeds $30 million. Revenue is up by 4% over the first quarter of last year and book value per share increased by 8%.”
He says earnings per share was $0.21 and book value per share is now $12.92. “Credit quality remains strong, and we added a bit more to our loan loss provision compared to a year ago,” says Crawford, who is 2024-2025 Chair of the Pennsylvania Association of Community Bankers and serves on the board of the Community Bankers Association of Georgia.
The report tells shareholders that Hyperion Bank is in the midst of a Special CD promotion (that will sunset when this limited-time offer is withdrawn, which can happen without notice). It also says the 18-year-old community bank is hiring another banker in its Atlanta banking office and that its mortgage joint venture is hiring in its Philadelphia office. The bank expanded to the Atlanta market in 2019 and in 2020 launched joint venture Hyperion Mortgage, which now does business in Alabama, Florida, Georgia, New Jersey, Pennsylvania, South Carolina and Tennessee.
Last year Hyperion Bank was recognized as one of the fastest growing companies in the nation, coming in at #3,835 on the 2024 Inc. 5000 list.
Founded in 2006, Hyperion is a full-service community bank, connecting with customers via technology and highly accessible bankers. Member FDIC. Equal Housing Lender. Offer of credit is subject to approval.