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  • MIL-OSI USA News: Inflation Remains Right on Target Under President Trump

    Source: US Whitehouse

    “Every month since President Trump took office, core inflation — the best measure of inflation — has beat or matched expectations. The data proves that President Trump is stabilizing inflation and the Panicans continue to be wrong about tariffs raising prices.” — White House Press Secretary Karoline Leavitt

    Under President Donald J. Trump, America continues to beat back inflation after years of Biden-induced price hikes.

    Here’s what you need to know from the latest Consumer Price Index:

    • June data confirms inflation is right on track. The annualized rate of inflation is below the year-earlier pace, showing that prices are right on track.
    • Core inflation beat expectations for another month. Since President Trump took office, core inflation has tracked at just 2.1% — levels not seen since the first Trump Administration, when prices were low and stable — and has come in below or at economists’ expectations every single month.
    • Wage growth remains strong under President Trump. Real wages for production and nonsupervisory workers are up 1.3% over last year.
    • Prices for everyday Americans continue to fall. Prices for new and used vehicles and airfares fell last month, while annualized shelter inflation dropped to its lowest in nearly four years — with prices for gas, fuel oil, energy commodities, hotels, airfare, public transportation, and fresh vegetables all down over last year.

    Here’s what they’re saying:

    • CNBC’s Rick Santelli: “Inflation is going to ebb and flow. If we want to really isolate it in terms of what this Administration is doing or Liberation Day, I would benchmark it to the beginning of the year. January and February reads being warmer gives you a lot of information that some of the policies have not been detrimental in boosting inflation.”
    • CNBC’s Rick Santelli: “The death of the labor market has been greatly exaggerated based on recent data, and I think that all in all, the inflation numbers — they’re pretty respectable here.”
    • Fox Business Network’s Maria Bartiromo: “You’ve got to look at this report as another victory for President Trump, who has focused on reigning in inflation — and that’s what we’re seeing from this report again.”

    MIL OSI USA News –

  • MIL-OSI Security: New Orleans Man Guilty of Carjacking

    Source: US FBI

    NEW ORLEANS, LOUISIANA –MILTON CARTER (“CARTER”), age 34, pleaded guilty on July 8, 2025 before U.S. District Judge Greg G. Guidry to carjacking, in violation of Title 18, United States Code, Section 2119(1).

    According to court documents, on April 21, 2023, New Orleans Police Department (NOPD) officers responded to a 911 call that CARTER was in the parking lot of a business on Bienville Street threatening to shoot his romantic partner. When officers arrived, CARTER was wearing a backpack with a Ruger Model EC9S nine-millimeter handgun inside. The Ruger handgun was stolen during a carjacking at a retail establishment on St. Bernard Ave. approximately 36 hours earlier. The victim of the carjacking identified CARTER in a photo line-up as the perpetrator of the carjacking. As the victim was getting out of her car to walk into the store, CARTER approached with a sawed-off shotgun pointed at the head of the victim and commanded the victim to get out of the vehicle. CARTER then drove off in the victim’s car. When the car was recovered, the Ruger handgun CARTER possessed when he was arrested was missing from the glove compartment.

    CARTER faces up to 15 years in prison, up to a $250,000 fine, up to three years of supervised release, and a mandatory special assessment fee of $100.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    The case was investigated by the Federal Bureau of Investigation and the New Orleans Police Department. Assistant United States Attorney David Berman of the Violent Crime Unit is in charge of the prosecution.

    MIL Security OSI –

  • MIL-OSI Security: New Orleans Man Guilty of Being Felon in Possession of Firearms

    Source: US FBI

    NEW ORLEANS, LOUISIANA – HAVEN PATTERSON (“PATTERSON”), age 42, a resident of New Orleans, pleaded guilty on July 8, 2025 to being a felon in possession of a firearm, in violation of Title 18, United States Code, Section 922(g)(1).

    According to court records, on February 27, 2025, PATTERSON intentionally possessed a loaded 40 caliber semi-automatic handgun and a loaded .380 caliber semi-automatic handgun.  PATTERSON is prohibited from possessing firearms due to a prior Louisiana State conviction.

    The offense is punishable by up to 15 years imprisonment, up to a $250,000 fine, up to three years of supervised release, and a mandatory special assessment fee of $100.  Sentencing is scheduled for October 7, 2025.

    The case was investigated by the Federal Bureau of Investigation.  It is being prosecuted by Assistant United States Attorney Chandra Menon of the of the Public Integrity Unit.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime.  Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

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    MIL Security OSI –

  • MIL-OSI Security: North Platte Man Sentenced to 27 Years in Prison for Drug Conspiracy

    Source: US FBI

    United States Attorney Lesley A. Woods announced that Guadalupe Ramirez, 40, of North Platte, Nebraska, was sentenced on July 3, 2025 in federal court in Lincoln, Nebraska, for Conspiracy to Distribute 500 grams or more of Methamphetamine. United States District Court Judge Susan M. Bazis sentenced Ramirez to 324 months’ imprisonment. There is no parole in the federal system. After Ramirez is released from prison, he will begin a 10-year term of supervised release.

    Beginning in 2021, special agents with the Federal Bureau of Investigation and task force officers with the Cooperative Organization for Drug Enforcement (CODE) began a large-scale investigation into drug dealing in central and west-central Nebraska. Ramirez, also known as “Shrek,” quickly emerged as a key player in a multi-state drug trafficking conspiracy that saw methamphetamine being trafficked into Nebraska mainly through mailings originating from California and Mexico. Members of the conspiracy would receive the mailed packages loaded with narcotics and distribute the drugs throughout Nebraska, including as far east as Omaha. At the time of sentencing, the Court found between 15 and 45 kilograms of methamphetamine were moved through Nebraska as a part of this conspiracy.

    The investigation also revealed an association between Ramirez and firearms. Ramirez’s Facebook profile included discussions between himself and others in the conspiracy about firearms and a public video of Ramirez discharging a firearm out the window of a vehicle he used to deal drugs.

    While imposing the sentence, Judge Bazis commented that Ramirez was essentially “the second in command” of this operation and told Ramirez that “a lot of drugs moved through Nebraska because of you.”

    The years’ long investigation that led to this conviction was recognized by the Midwest High Intensity Drug Trafficking Area (HIDTA)’s 2024 Community Impact Operation of the Year. In presenting the award, Midwest HIDTA Director Dan Neill noted that the case was up against other jurisdictions with much larger cities, including St. Louis and Kansas City, Missouri. The award recognized the hard work of local, state, and federal law enforcement agencies during this investigation.

    FBI Special Agent in Charge Eugene Kowel said, “The trafficking of drugs into our communities is not a victimless crime. It has a destructive effect on our neighborhoods and families. The investigation of Ramirez and his co-conspirators resulted in 36 federal indictments, 22 local arrests, the seizure of illicit drugs, cash, and firearms, and dismantled a pernicious drug trafficking organization in central Nebraska. We’ll continue to join forces with our partners to disrupt and dismantle drug trafficking organizations in both urban and rural communities across the state, and to impose consequences on those responsible for selling drugs to mothers, fathers, sons, and daughters in our community.”

    U.S. Attorney Lesley Woods said, “The outstanding work of the CODE Task Force demonstrates that full prosecutorial and investigation collaboration can accomplish tremendous outcomes in the interest of making Nebraska an even safer place for its citizens to call home.”

    These cases were investigated by the CODE Task Force which is made up of law enforcement agencies throughout a 22-county area in west-central/southwest Nebraska and includes the Federal Bureau of Investigation, Nebraska State Patrol, Homeland Security Investigations, North Platte Police Department, Lexington Police Department, and Army National Guard Counter Drug Unit.  The investigation and arrests were also assisted by the U.S. Postal Service, Dawson County Sheriff’s Office, Ogallala Police Department, La Vista Police Department, the Tri-Cities Drug Enforcement Team (TRIDENT) Task Force, the Western Intelligence Narcotics Group (WING) Task Force, the Capitol Region Safe Streets Task Force (CRSSTF), the Lincoln/Lancaster County Metro Fugitive Task Force, the Lincoln and Keith County Attorney’s Offices, and Nebraska District 11 Probation Office.   

    This effort is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    MIL Security OSI –

  • MIL-OSI Security: Scottsdale Man Sentenced to Nearly Three Years in Prison for Fraud

    Source: US FBI

    PHOENIX, Ariz. – Brandon Scott Menaged, 22, of Scottsdale, Arizona was sentenced on July 9, by Senior United States District Judge David G. Campbell to 33 months in prison and ordered to pay $751,000 in restitution. Menaged previously pleaded guilty to Wire Fraud.

    Between January 2023 and December 2024, Menaged defrauded multiple victims by soliciting their money for investments that did not exist. For example, Menaged misrepresented to victims the nature of the investments and referenced phantom investors to convince the victims to provide him with funding. Meanged then diverted victims’ funds for his personal expenses. When victims asked Menaged to return their funds, he provided them with a series of excuses for why the funds could not be returned or blocked their communications. Through this scheme, Menaged fraudulently received $1,000,000 from victims and used the money to fund his lavish lifestyle by gambling at casinos, traveling internationally, and purchasing luxury vehicles, firearms, and Rolex watches.

    The FBI’s Phoenix Division conducted the investigation in this case. Assistant U.S. Attorney, Kevin M. Rapp, District of Arizona handled the prosecution.

    CASE NUMBER:           CR-24-01974- PHX-DGC
    RELEASE NUMBER:    2025-112_Menaged

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    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on Twitter @USAO_AZ for the latest news.

    MIL Security OSI –

  • MIL-OSI USA: With Republican “Big Beautiful Betrayal” Now Law, Shaheen Discusses Cuts to Food Assistance, Clean Energy that Will Exacerbate the Cost-of-Living Crisis

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Nashua, NH) – Today, U.S. Senator Jeanne Shaheen (D-NH) hosted discussions with Granite State leaders to highlight the disastrous impacts of the Republican budget legislation, which is now law, on New Hampshire. Shaheen met with Granite State nonprofit leaders in Manchester, and local officials and business leaders in Nashua, to discuss cuts to food assistance and clean energy included in the legislation. You can view photos from both events here.
    In Manchester, Shaheen visited the New Hampshire Food Bank for a roundtable discussion with Granite State nonprofit leaders on the impact of Republican cuts to food assistance.
    “This bill that President Trump and Congressional Republicans jammed through Congress cuts health care and food assistance for millions of Americans in order to give trillions of dollars more to corporations and to the wealthiest,” said Senator Shaheen. “It’s going to raise costs for families in New Hampshire at a time when Granite Staters are already fighting to stretch every dollar. I’m grateful to the leaders and community members who shared their stories today and I’ll continue working with them to minimize the harm from this legislation.”
    According to the Center for Budget and Policy Priorities (CBPP), the cuts put food assistance benefits for thousands of Granite Staters at risk and will cost the state of New Hampshire between $8 million and $23 million per year.
    Later in Nashua, Shaheen toured Pennichuck Solar Farm with city officials, business leaders and advocates and discussed how the Republican legislation will drive up energy costs in New Hampshire.
    “The Republican budget bill eliminates commonsense, forward-looking clean energy and energy efficiency tax credits that help municipalities and working families use less energy and lower their energy costs,” said Senator Shaheen. “Nashua has been a leader in investing in clean energy projects that have already helped them lower their electricity bills and save taxpayer dollars, but thanks to the Republican megabill future projects are now at risk.”
    The City of Nashua has made significant investments in clean energy, utilizing federal incentives to support solar projects and reduce municipal electricity costs. The Republican legislation, which eliminates several longstanding bipartisan clean energy and energy efficient tax credits, has put future solar plans at risk.
    During the Senate “Vote-A-Rama” process, Shaheen forced a vote on her amendment to preserve four longstanding bipartisan consumer energy efficiency and clean energy tax credits that lower energy costs for families, make housing more affordable, protect American jobs and help give businesses the certainty they need to thrive. All but two Senate Republicans—Senators Susan Collins (R-ME) and Lisa Murkowski (R-AK)—voted to block Shaheen’s amendment.

    MIL OSI USA News –

  • MIL-OSI Submissions: How women are trapped in years of homelessness that often begin in their teens

    Source: The Conversation – Canada – By Mary Vaccaro, Lecturer in Social Work, McMaster University

    Many women without children in their care who become homeless in Canada remain homeless for many years. Yet their experiences remain misunderstood and largely ignored because of the ways we define and measure homelessness in Canada.

    I have worked in the women’s emergency shelter system in Hamilton, Ont., since 2012. I have met many women who have been navigating homelessness for years — with no permanent solution to their housing crisis. For my PhD in social work, I interviewed 21 women who had experienced homelessness for a year or longer in Hamilton. I asked them about their experiences, and through art-based activities, about their ideas for housing and support.

    What I learned in the interviews, combined with existing research, highlights a hidden crisis. Within our current system resides a profound human cost that manages, instead of resolves, homelessness.

    Many women who experience homelessness do so for far longer than the federal government’s definition of chronic homelessness, which is six consecutive months or 18 months over three years. Research from the United Kingdom that focuses on long-term and unresolved homelessness for women found that the ways women experience homelessness is to “go around in circles” without having their housing or support needs met.

    Among the women I spoke with, more than half had been experiencing homelessness for 10 years or longer. Six of the the women said they have never had a safe place of their own to live for the entirety of their adult lives.

    All of the women who participated in this project accessed the services offered by the homeless serving sector, including shelters and outreach workers, designed to resolve their homelessness. Yet none of these women were able to have their housing and support needs met.

    This means their experience of homelessness has persisted for years, and even decades.

    Homelessness often starts in their teens

    More than half of the participants I spoke with first experienced homelessness before they turned 18. Their primary route into youth homelessness was gender-based violence. They ran away from home when they were teenaged girls to escape violence and became caught in a cycle of events that include: hospitalization, incarceration, staying in youth shelters, living in group homes and unsafe places.

    The Pan-Canadian Women’s Housing and Homelessness Survey, as well as a study on Toronto youth, echo what the women I spoke with told me. Studies from the United States also confirm similar patterns — homelessness begins early in life for a majority of women, and is often followed by a chronic, chaotic churn of precarious housing and homelessness situations.

    The women in my study described a frustrating and exhausting cycle of going among institutions such as hospitals, jails, emergency shelters, drop-in programs and transitional housing programs. They had all spent periods of time living outdoors, in encampments, in motels, with unsafe people and in other precarious and temporary housing arrangements. This phenomena is well-documented in existing Canadian research.

    Better definitions, better data

    The Canadian government defines those who have been homeless and using shelters for more than 180 days a year as experiencing “acute chronicity.”

    Another term used by the federal government for individuals who have accessed shelters at least once in each of the last three years is “prolonged instability.”

    People who meet one or both of these criteria are considered to have the highest housing needs in the country.

    According to recent federal data, women and gender-diverse people across Canada experience slightly higher rates of acute chronicity than men (13.4 per cent for men, 15.4 per cent for women, and 13.9 per cent for gender-diverse people). But the real numbers for women are likely much higher due to under-reporting.

    Research shows women remain invisible to official systems during periods of homelessness. For example, the available data relies solely on information about emergency shelter usage. It does not capture experiences of homelessness that occur outside of the shelter system.

    Women are less likely than their male counterparts to access shelters and other formal supports. Instead, they rely on precarious, unsafe and temporary housing arrangements to navigate homelessness.

    In Canada, there are also fewer emergency women-specific shelter beds than for men

    Rethinking responses to long-term homelessness

    For the women I spoke with, the official 180 days or three years that makes someone officially chronically homeless in Canada does not even begin to describe the length and complexity of their experiences of homelessness.

    They described wanting to live in supportive, gender-specific housing programs that foster community and care. Highly supportive housing typically integrates health and social services and a range of other support services. This type of integrated housing does exist across Canada — examples are the Block Line Supportive Housing Program operated by YWCA Kitchener-Waterloo and the Women’s Building (Alpha House) in Calgary — but there is not enough of it.

    The current measurements from the government of Canada fall short of capturing the complexity of the homeless experience for many Canadian women.

    Government officials must therefore not only rethink their definitions of those in the most housing need, they must develop responsive housing solutions to meet the needs of women who have been homeless for many years.

    Mary Vaccaro consults for YWCA Hamilton. She receives funding from the Social Sciences and Humanities Research Council of Canada.

    – ref. How women are trapped in years of homelessness that often begin in their teens – https://theconversation.com/how-women-are-trapped-in-years-of-homelessness-that-often-begin-in-their-teens-259239

    MIL OSI –

  • MIL-OSI United Nations: 15 July 2025 Departmental update WHO prequalifies the first triple diagnostic test for HIV, hepatitis B and syphilis, a milestone toward global disease elimination goals

    Source: World Health Organisation

    On 10 July 2025, the World Health Organization (WHO) prequalified the first bundled set of three in vitro rapid diagnostic tests (RDTs) capable of simultaneously detecting HIV, hepatitis B virus (HBV) and syphilis – three major infections that pose serious risks to maternal and child health.

    The prequalification listing of the Determine™ Antenatal Care Panel is expected to facilitate timely and expanded access to testing in communities where pregnant women often face significant barriers to early diagnosis and essential maternal health care. This advancement also supports the global initiative to eliminate mother-to-child transmission of HIV, HBV and syphilis as a public health problem – a critical effort known as triple elimination.

    HIV, HBV and syphilis are not only leading causes of preventable illness and death but also carry a high risk of vertical (mother-to-child) transmission during pregnancy, childbirth or breastfeeding. Early diagnosis during pregnancy is therefore crucial. Timely testing allows pregnant women to access appropriate treatment, prophylaxis and supportive care, significantly reducing the risk of complications and transmission to the infant. WHO recommends that all pregnant women be tested at least once for these three pathogens – and as early as possible – during pregnancy.

    “Ensuring rapid access to quality-assured diagnostic tests is essential to protecting the health of vulnerable populations, including pregnant women,” said Dr Rogério Gaspar, Director of WHO’s Department of Prequalification and Regulation of Medicines and Health Products. “This milestone reflects our continued commitment to accelerating the availability of safe, effective and quality health innovations where they are needed most.”

    To date, WHO has prequalified three dual HIV/syphilis RDTs and continues to monitor a growing pipeline of multiplex diagnostic tools. Assessing these innovations remains a strategic priority, as they offer the potential to further strengthen integrated testing efforts. The newly listed product can build on the successful scale-up of dual HIV/syphilis RDTs and existing WHO guidance to support broader access to integrated antenatal screening.

    As health systems face growing resource constraints, integrated approaches such as multiplex testing are increasingly vital. They have the potential to simplify service delivery, reduce costs and improve testing coverage, especially in low-resource and high-burden settings.

    WHO is currently developing global guidance on multiplex testing to support countries in effectively deploying this panel, and other emerging multiplex diagnostics. The guidance will offer evidence-based recommendations on when, where, and how to use multiplex tests to maximize impact, and answer questions on the viability of further multiplex self-testing.

    “Rapid multiplex tests like this mark a new era for diagnostics as they have potential to transform service delivery and population health. By aligning product prequalification with programmatic guidance, WHO is helping countries implement innovations smarter and faster through working across departments. With our multiplex testing guidelines coming soon, we can turn innovation into impact,” said Dr Meg Doherty, WHO Director of the Global HIV, Hepatitis and STI Programmes.

    Designed for use by trained health-care providers at the point of care, the Determine™ Antenatal Care Panel is currently intended specifically for pregnant women aged 12 years and older. It enables simultaneous testing for HIV-1/2 antibodies and HIV-1 p24 antigen (Determine™ HIV Early Detect), hepatitis B surface antigen (Determine™ HBsAg 2), and syphilis antibodies to Treponema pallidum (Determine™ Syphilis TP). Each test is qualitative, visually read, and uses capillary whole blood from a finger-prick – providing a practical, efficient tool to aid in the diagnosis of HIV, HBV, and syphilis during pregnancy.

    This listing reflects the strong, ongoing collaboration between WHO’s Global HIV, Hepatitis and STI Programmes and the Department of Prequalification and Regulation of Medicines and Health Products. Together, they are working to accelerate access to high-impact tools and ensure they reach the people who need them most.

    MIL OSI United Nations News –

  • MIL-OSI United Nations: 15 July 2025 Departmental update New WHO guidance on HIV disclosure for children and adolescents

    Source: World Health Organisation

    Despite some advancements in achieving key milestones towards ending AIDS in children and adolescents, progress remains slow and major challenges continue to hinder the attainment of global targets. Disclosure is a continuing challenge for these groups, with limited evidence for effective interventions. 

    Disclosure refers to the process by which children and adolescents are made aware of their own HIV status, enabling them to share this with others safely and when ready, and empowering them to be engaged in and lead decision-making about their own health. Disclosure, when done the right way, can lead to significant benefits, increased social support, reduced stress and improved mental health. Although they are a driver of improved clinical outcomes, disclosure decisions can be particularly complex, with important considerations to be weighed up concerning potential risks and benefits. To address these gaps, an up-to-date understanding of the evidence on disclosure interventions for this age group is necessary.

    WHO has released new guidance to help children and adolescents living with HIV navigate disclosure. Since the guidance released by WHO in 2011, no practical tools have been made available for ministries of health, health-care providers and their teams. 

    “With this new document, WHO is responding to country requests to support the implementation of evidence-informed activities guiding safe and quality disclosure. This new guidance provides an overview of disclosure interventions that are developmentally appropriate, address layered stigma, promote caregiver-client communication, and facilitate supportive health and community systems both pre- and post-disclosure for policy-makers, health workers, caregivers, children, adolescents and the community at large” says Wole Ameyan, WHO Global HIV, Hepatitis and STIs Programmes.

    The updated guidance outlines safe approaches and proven interventions, presented in 2 parts. 

    The first part presents findings from a scoping review of 25 interventions supporting HIV status disclosure to, and by, children and adolescents aged 6-19. These include disclosure-specific and disclosure-inclusive interventions.

    “All children and adolescents have the right to and need for information that helps them make sense of their world,” said Nicola Willis, Executive Director, Zvandiri, a community-based organization in Zimbabwe. “Yet many living with HIV have lacked this vital support. This new guidance reminds us that discussing their HIV status with them is an essential component of their treatment and care. Evidence-based approaches exist and it’s time to prioritize their implementation to improve mental health and viral suppression.”

    The second part outlines emerging considerations, gaps and key actions on adolescent development and autonomous decision-making; stigma and rights-based approaches; measurement, monitoring and evaluation; building support systems across families and communities; and the need for innovation in an evolving epidemic. It offers health workers, policy-makers, and other practitioners and researchers working with vulnerable populations, an overview of evidence integrated with rights-based approaches centred on child and adolescent well-being in the process of disclosure.

    “This new guidance offers clear, actionable examples and a strong summary of updated, context-specific interventions,” said Luann Hatane, Executive Director, Paediatric-Adolescent Treatment Africa (PATA). “We look forward to sharing it across our network and incorporating the case studies into our capacity-building efforts.”

    Disclosure is both a personal decision and a means to safeguard health outcomes, especially for younger populations. The social, relational, and systemic considerations emerging from the evidence are central to promoting safe disclosure. 

    MIL OSI United Nations News –

  • MIL-OSI United Nations: 15 July 2025 Departmental update Integrating HIV, viral hepatitis and sexually transmitted infections with primary health care: learning from countries

    Source: World Health Organisation

    Countries are facing acute challenges and new opportunities in how HIV, viral hepatitis and sexually transmitted infections (STI) services are funded and delivered. In recent years and months, efforts to strengthen country ownership, integration and sustainability have accelerated as donor funding declines.

    Many countries are increasingly adopting a primary-health care (PHC) approach to address HIV, viral hepatitis and STI epidemics as part of a broader holistic and people-centred approach to health.

    A new policy brief Integrating HIV, viral hepatitis and sexually transmitted infections (STIs) with primary health care: learning from countries highlights progress and lessons learned from efforts to converge, link and integrate these services with PHC in several low- and middle-income countries.

    The overall experiences from selected countries in this brief – Angola, Botswana, Brazil, Ethiopia, Indonesia, Kenya, Pakistan, Rwanda, Viet Nam, and Zambia – show varied challenges, approaches and outcomes aligned with the 4 strategic and 10 operational levers described in the WHO/UNICEF PHC Operational Framework.

    Acting on only 1 or 2 levers limits impact and reach in the context of complex ecosystems. Countries that prioritized 4 or more areas at the same time – across both strategic and operational levels – achieved the most sustainable results. The integration of disease-focused responses and services with PHC has led to improved access to services, enhanced service delivery, stronger community engagement, improved health outcomes and sustainable financing. 

    The policy brief recommends strengthening coordination and governance through strong political leadership, securing sustainable funding, and adopting a health system–focused approach. It advocates for task sharing within the health workforce and emphasizes meaningful community engagement to build trust and ownership. Addressing stigma and discrimination is a key priority, alongside leveraging digital technologies to improve service delivery. Finally, it highlights the importance of engaging the private sector to support innovation and expand reach.

    MIL OSI United Nations News –

  • MIL-OSI USA: Baldwin, Ernst Introduce Bipartisan Bill to Expand Access to Mental Health Care for Farmers, Rural Communities

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – Today, U.S. Senators Tammy Baldwin (D-WI) and Joni Ernst (R-IA) introduced the Farmers First Act of 2025, bipartisan legislation to address the mental health epidemic in rural America and expand access to critical mental health care for our nation’s agricultural communities. The legislation would increase support for the Farm and Ranch Stress Assistance Network (FRSAN), which Senators Baldwin and Senator Ernst successfully included in the 2018 Farm Bill.
    “Wisconsin’s farmers and ranchers work hard every day to keep their businesses running and our Made in Wisconsin agricultural economy moving forward. But too often, the stress, isolation, and physical demands of this job leave them with nowhere to turn when it all gets to be too much,” said Senator Baldwin. “I’m working to make sure our farmers and rural communities have the resources they need because no one should have to fight these battles alone.”
    “Iowa farmers work tirelessly from sunrise to sundown – rain or shine – to feed and fuel the world. Their work isn’t easy, and mental health issues, including suicide, are too common in our agriculture community, which is why I’m working to ensure farmers have better access to mental health resources,” said Senator Ernst.
    The Farmers First Act would reauthorize the FRSAN, a program that connects farmers, ranchers, and other agriculture workers to stress assistance programs and resources. Through FRSAN, state departments of agriculture, state extension services, and non-profits receive funding to establish helplines, provide suicide prevention training for farm advocates, and create support groups for farmers and farm workers. The Farmers First Act would increase funding for the program, authorizing $15 million per year for the program for the next five years, up from $10 million and allowing grantees to hire additional staff to support farmers, including behavioral health specialists to provide counseling to agricultural workers, and bolstering grantees’ efforts to address the unique needs of different farming populations, including Veteran farmers and farmers of color.
    The Senators are introducing the bill as suicide, mental health challenges, and stress are on the rise in agricultural and rural communities. Farmers are 3.5 times more likely to die by suicide than the general population, according to the National Rural Health Association. Four regional centers established through FRSAN are currently increasing access to farm stress services, including expanding access to hotlines, training Americans in rural areas to recognize the signs of depression, anxiety, or suicidal ideation, and creating support groups for farmworkers.
    In addition to Senators Baldwin and Ernst, the Farmers First Act of 2025 is co-sponsored in the Senate by Senators John Boozman (R-AR), Tina Smith (D-MN), and Susan Collins (R-ME). The bill was also introduced in the U.S. House by Representatives Randy Feenstra (R-IA-04) and Angie Craig (D-MN-02).
    The Farmers First Act is endorsed by National Farmers Union, National Rural Health Association, National Milk Producers Federation, Agriculture Retailers Association, The National Council, FarmFirst Dairy Cooperative, Organic Trade Association, American Psychological Association Services, NCBA CLUSA, Farm Credit Council, National Association of State Departments of Agriculture, Organic Farmers Association, National Pork Producers Council, American Soybean Association, Midwest Dairy Coalition, Farm Aid, National Association of Wheat Growers, National Corn Growers Association, Northeast Organic Dairy Producers Alliance, Sustainable Food Policy Alliance, National Sustainable Agriculture Coalition, National Organic Coalition, Farmer Veteran Coalition, and American Farm Bureau Federation.
    “From trade uncertainty to labor shortages and natural disasters, many stressors are weighing heavily on the minds of farmers and ranchers. Resources supported through the Farm and Ranch Stress Assistance Network are more critical now than at any time in recent memory. Farm Bureau appreciates Representatives Craig and Feenstra, as well as Senators Baldwin and Ernst for their tireless commitment to supporting farmer and rancher mental health across the country,” said Sam Kieffer, Vice President, Public Policy, American Farm Bureau Federation.
    “Farming can be incredibly stressful, and too many rural communities still don’t have the mental health support they need,” said National Farmers Union President Rob Larew. “The Farmers First Act will help get essential resources to farmers who are struggling. We thank Senators Baldwin and Ernst and Representatives Feenstra and Craig for leading the charge and urge Congress to reauthorize FRSAN with increased funding.”
    “FarmFirst Dairy Cooperative is extremely appreciative of the work of Senator Tammy Baldwin, as well as others, in addressing the mounting mental health and wellness challenges facing our nations farmers. There are so many variables out of the control of the farmers that work hard to supply multiple facets to consumers. Volatility of markets, weather, regulations, and numerous other things out of their control and then add the lack of rural resources, makes this very important part of our world feeling vulnerable and alone. The Farmers First Act would make the access to resources easier and more financially viable for our nations farmers,” said the FarmFirst Dairy Cooperative.
    “The Farmer Veteran Coalition strongly supports the reauthorization of the Farmers First Act. Expanding and strengthening the Farm and Ranch Stress Assistance Network is essential to ensuring farmers, ranchers have access to the mental health resources they need to thrive. We commend Representatives Feenstra and Craig, as well as Senators Baldwin and Ernst, for their bipartisan leadership in prioritizing the well-being of those who feed our nation. This bill will provide critical support for agricultural producers facing stress, isolation, and mental health challenges, and we urge swift passage this Congress,” said Jeanette Lombardo, CEO, Farmer Veteran Coalition.
    “Farmers are daily facing the changing and unpredictable weather patterns that can devastate the best laid plans. They must deal with rising cost of inputs, uncertainty about trade, uncertainty about support services, uncertainty about the role of the USDA and managing difficult financial decisions against a backdrop of uncertainty around the domestic economy. Organic dairy farmers care for the environment, care for their livestock and for the health and welfare of their family and their customers every day. Dairy farming is many times a solitary occupation and farmers need access to all the resources possible to deal with the stress and uncertainty in their lives. We wholeheartedly support the Farmers First Act and all the assistance it can provide to care for our farm families,” said Ed Maltby, Executive Director of the Northeast Organic Dairy Producers Alliance.
    “Farming and the financial insecurity associated with farming can be very stressful. Farmers dealing with stress-related mental health challenges often feel stigmatized if they seek help, which only compounds the problem. We applaud Representatives Feenstra (R-IA) and Craig (D-MN) and Senators Baldwin (D-WI) and Ernst (R-IA) for their bipartisan leadership in introducing the Farmers First Act to increase resources available to farmers and rural communities to address mental health challenges,” said Steve Etka, Policy Director, Midwest Dairy Coalition.
    “Ensuring sufficient access to evidence-based mental health services continues to be a challenge in many rural and agricultural communities, in many cases a challenge that has endured over generations,” said Arthur C. Evans Jr., CEO of the American Psychological Association Services, Inc. (APA Services). “The Farm and Ranch Stress Assistance Network program continues to be a lifeline to many of these communities. APA Services applauds Representatives Feenstra and Craig and Senators Baldwin and Ernst for their efforts to ensure adequate mental health resources in rural communities, and we ask Congress to swiftly enact the Farmers First Act.”
    “Farmers and ranchers across the United States face unique and extreme stresses in their work to feed, fuel, and clothe the world. NASDA applauds the bipartisan Farmers First Act, which bolsters access to critical mental health resources through the Farm and Ranch Stress Assistance Network. State departments of agriculture play an important role in coordinating FRSAN operations and NASDA looks forward to continuing to support these invaluable activities,” said NASDA CEO, Ted McKinney.
    “Farming is a stressful job, even in good times, and rural residents often face unique barriers to seeking mental health care,” said Christy Seyfert, Farm Credit Council president and CEO. “FRSAN brings valuable stress assistance services and expertise to the farm and ranch communities most in need of resources. Farm Credit commends Ranking Member Craig, Representative Feenstra, and Senators Baldwin and Ernst for their leadership on the Farmers First Act.”
    “Farmers face incredible stressors in their day-to-day work and often feel as though the weight of the world rests on their shoulders as they navigate tough times while maintaining farms that have been passed down through multiple generations of family members,” said Kenneth Hartman Jr, National Corn Growers Association President. “Yet, they often find it hard to access the mental health tools they need to cope with these challenges. That’s why we are deeply appreciating for the sponsors of this legislation for working to extend mental health resources to growers through this important legislation.”
    “The Farm and Ranch Stress Assistance Network helps provide essential support to our nation’s producers,” said Doug O’Brien, President and CEO of the National Cooperative Business Association. “The National Cooperative Business Association applauds the bipartisan leadership to increase access to mental health services for rural communities while providing a critical lifeline to our farmers and ranchers.”
    A one-pager on this legislation can be found here. Full text of the bill is available here.

    MIL OSI USA News –

  • MIL-OSI: CAI Earns Top Score on 2025 Disability Index

    Source: GlobeNewswire (MIL-OSI)

    ALLENTOWN, Pa., July 15, 2025 (GLOBE NEWSWIRE) — CAI, a global services firm, today announced it earned the top score of 100 on the 2025 Disability Index® with the distinction of “Best Place to Work for Disability Inclusion” for the fifth consecutive year.

    The index is the leading independent, third-party resource for the annual, confidential benchmarking of disability inclusion policies and programs in business. Now trusted by over 70% of the Fortune 100 and nearly half of the Fortune 500, the tool helps companies determine data-driven actions that can achieve tangible business impact.

    “At CAI, our people are our greatest asset. We value and celebrate diverse perspectives, fostering an inclusive culture that drives innovation and excellence. We prioritize merit, performance, and experience, ensuring every team member is recognized and rewarded for their contributions,” said Tom Salvaggio, president and CEO at CAI. “By providing accessible growth opportunities and focusing on strengths and achievements, we create a dynamic workplace where everyone can thrive and make a meaningful impact.”

    “As we release this year’s Disability Index report, we celebrate the continued progress made by businesses around the world,” said Jill Houghton, president and CEO at Disability:IN. “Today, hundreds of the world’s leading companies are using this tool to benchmark and drive their disability inclusion efforts. Together, we are creating a global economy accelerated by disability inclusion.”

    In 2026, the index will evolve into a universal benchmark, enabling companies around the world to measure and address opportunities, as well as progress, in workplace culture, recruitment, infrastructure and more. The updated name supports these goals by promoting broader recognition and applicability across disparate regions and industries.

    To learn more about CAI’s culture, visit https://www.cai.io/about-us/belonging-and-impact

    To learn more about CAI Neurodiverse Solutions, visit https://www.cai.io/neurodiverse-solutions/overview

    To browse open jobs at CAI, visit https://careers.cai.io/us/en

    About CAI

    CAI is a global services firm with over 9,000 associates worldwide and a yearly revenue of $1.3 billion+. We have over 40 years of excellence in uniting talent and technology to power the possible for our clients, colleagues, and communities. As a privately held company, we have the freedom and focus to do what’s right—whatever it takes. Our tailor-made solutions create lasting results across the public and commercial sectors, and we are trailblazers in bringing neurodiversity to the enterprise.

    Learn how CAI powers the possible at www.cai.io

    Disability:IN

    Disability:IN is the leading nonprofit resource for business disability inclusion worldwide. With the world’s leading companies as partners, Disability:IN drives progress through initiatives, tools, and expertise that deliver long-term business impact. Are You IN?

    Contact:
    Madison Oler
    Sr. PR & Communications Specialist
    CAI
    Madison.oler@cai.io

    The MIL Network –

  • MIL-OSI: SoftServe Signs Strategic Collaboration Agreement with AWS to Deliver Cloud Migration, Modernization, and AI-Enabled Solutions for Enterprise Success

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 15, 2025 (GLOBE NEWSWIRE) — SoftServe, a premier IT consulting and digital services provider, today announced it has signed a strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS), with plans to amplify enterprise AI adoption for real-world applications through heightened integration of AWS services and cloud-native modernization.

    The newly signed SCA is a multi-year, innovative agreement encompassing co-developed solutions, enhanced investments, and strategic alignment to AWS priorities and client benefits, including:

    • Joint Go-To-Market (GTM) Strategies: Collaborating on GTM initiatives to bring these solutions to market faster and at a higher volume
    • Cloud-Native Transformation: Helping enterprises modernize legacy systems and migrate to AWS with greater speed, security, and efficiency using SAMP, or SoftServe’s Adaptive Modernization Platform (formerly SoftServe Application Modernization Platform), a proven accelerator that reduces timelines for cloud modernization projects through reusable AWS-native modules and Agentic AI to improve scalability, reliability, and developer velocity
    • Customer-Centric Innovation: Customizing scalable, AI-enabled solutions that address real-world challenges, such as helping ISVs accelerate SaaS adoption on AWS by automating multi-tenant provisioning and compliance readiness through AI-powered application modernization
    • Global Reach & Impact: Expanding delivery capabilities, expert access and certifications, and digital collaboration across North America and EMEA

    “Within our alliance with AWS, we deploy a differentiated approach that unifies migration, modernization, and AI adoption into a repeatable, scalable strategy,” said Volodymyr Semenyshyn, SoftServe’s Chief Revenue Officer (CRO). “This collaboration signals next-level advancement for key offerings like our highly customized self-service platform SAMP, which paves the way for reaching more measurable outcomes and faster time-to-value for our clients.”

    “This new cooperation unlocks a new level of joint execution between SoftServe and AWS,” said Darrin Griggy, SVP of Partnerships & Alliances at SoftServe. “Our aligned go-to-market strategies will accelerate solution delivery, expand market reach, and empower organizations to achieve complex migrations, optimize workloads, and operationalize AI with greater efficiency and security.”

    This collaboration underscores the value of SoftServe and AWS to provide flexibility and unlock greater business value for customers across industries. SoftServe is an AWS Premier Tier Services Partner with 12 AWS competencies and is an inaugural launch partner of the AWS Generative AI Competency and Data Foundation for Generative AI with AWS. Notable competencies obtained include Migration, DevOps, Big Data, SaaS, security, machine learning, as well as retail, financial services, healthcare, and more.

    With more than 700 AWS-certified experts, including two of the 274 AWS Ambassadors acclaimed worldwide, SoftServe enables clients to achieve business outcomes through cloud modernization, data platforms, and AI/ML transformation. For more information please visit this website.

    ABOUT SOFTSERVE
    SoftServe is a premier IT consulting and digital services provider. We expand the horizon of new technologies to solve today’s complex business challenges and achieve meaningful outcomes for our clients. Our boundless curiosity drives us to explore and reimagine the art of the possible. Clients confidently rely on SoftServe to architect and execute mature and innovative capabilities, such as digital engineering, data and analytics, cloud, and AI/ML.

    Our global reputation is gained from more than 30 years of experience delivering superior digital solutions at exceptional speed by top-tier engineering talent to enterprise industries, including high tech, financial services, healthcare, life sciences, retail, energy, and manufacturing. Visit our website, blog, LinkedIn, Facebook, and X (Twitter) pages for more information.

    The MIL Network –

  • MIL-OSI Africa: McKenzie unveils R6.3 billion budget to boost local talent in sports and arts

    Source: Government of South Africa

    Sport, Arts and Culture Minister Gayton McKenzie has tabled a R6.3 billion budget this morning that he believes will help unlock local talent in both the sports, and arts and culture sectors.

    “Change is difficult, but it’s necessary… Access and opportunity matter, and even the greatest of talents need that opportunity. That is why, to invest in all our talent, both in sport, and arts and culture, as well as preserving our heritage, the department has a budget of R6.3 billion for the 2025/26 financial year,” McKenzie said on Tuesday in Parliament. 

    Under Programme 2, Recreation Development and Sport Promotion, the Minister announced that the department will allocate R1.281 billion. 

    To continue supporting sports in the country, McKenzie said R98.5 million will be allocated toward federation support.

    “One of the biggest changes coming for our federations will be the provision of an office building for them to share, as many have been running their sports out of the boots of their cars.” 

    WATCH | 

    [embedded content]

    To support and develop local talent, the department has allocated over R627 million through the conditional grant for this financial year. 

    According to the Minister, funding will be used for the purchase of equipment and attire for schools, clubs and hubs, as well as for training individuals in coaching, technical officiating, administration courses, and employment opportunities.

    Repatriation

    Under Programme 4, Heritage Promotion and Preservation, the department has allocated R2.787 billion, which includes R1.6 billion for the construction, maintenance, upgrading, and operation of valued libraries.

    “Following the success of our inaugural programme to return the remains of South African fallen heroes from Zimbabwe and Zambia last year, we shall continue to repatriate the human remains of freedom fighters who fell outside the country during the struggle.

    “I am told that there could still be 5 000 bodies that need to be returned, and we should not rest until they are home.” 

    READ | Government, judiciary reaffirm commitment to justice

    The Minister said they are currently negotiating with Scottish authorities to repatriate the remains of Khoi and San ancestors from the University of Glasgow’s Hunterian Museum by September 2025. 

    He also mentioned that government is nearing the conclusion of the reburial process for 58 ancestral remains from the Northern Cape.

    This effort is guided by the Northern Cape Reburial Task Team, which includes representatives from the Nama, Griqua, Korana, and San communities.

    Museums

    The ministry is also driving a campaign, under the theme: “Reimagining South African Heritage for a New Era”, which is aimed at making museums relevant to a new, curious generation, ultimately increasing visitor numbers.

    “One of the first projects we are focusing on is Robben Island, which is undergoing a major revamp and facelift.”

    Creative arts

    Under Programme 3, focused on Arts and Culture Promotion and Development, his department is allocating R1.725 billion. 

    To enhance skills and transform the cultural and creative industries, he stated that they will continue to recruit and place approximately 300 young people. 

    This initiative aims to improve their chances of gaining employment and becoming self-employed in creative fields.

    Sector clusters

    He announced that the interim boards for the 17 sector clusters within the cultural and creative industry are now fully operational. 

    These boards are responsible for organising their respective sectors, promoting collaboration, and addressing challenges such as copyright protection, fair labour practices, and equitable distribution of funding. 

    According to the Minister, they will receive a total budget of R34 million to support their operations.

    “We understand the frustration of our creatives. For the past 30 years and the years before that, they have not seen their lives change for the better.”

    In support of the preservation and development of the Khoi and San languages, the N|uu language in particular, the department is setting aside R2 million for a targeted call for proposals to preserve these languages. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Security: Panamanian and U.S. medical experts change lives aboard the USNS Comfort

    Source: United States SOUTHERN COMMAND

    For three years, Jesús, a local bus driver from Colón, wore a cap to hide the large, painful scars on his ears. The disfigurement was a lingering reminder of a devastating vehicle accident that changed his life. This week aboard the Mercy-class hospital ship USNS Comfort (T-AH 20), he received reconstructive surgery that marked a new beginning, thanks to a combined team of U.S. and Panamanian medical professionals.

    MIL Security OSI –

  • MIL-OSI Analysis: How women are trapped in years of homelessness that often begin in their teens

    Source: The Conversation – Canada – By Mary Vaccaro, Lecturer in Social Work, McMaster University

    Many women without children in their care who become homeless in Canada remain homeless for many years. Yet their experiences remain misunderstood and largely ignored because of the ways we define and measure homelessness in Canada.

    I have worked in the women’s emergency shelter system in Hamilton, Ont., since 2012. I have met many women who have been navigating homelessness for years — with no permanent solution to their housing crisis. For my PhD in social work, I interviewed 21 women who had experienced homelessness for a year or longer in Hamilton. I asked them about their experiences, and through art-based activities, about their ideas for housing and support.

    What I learned in the interviews, combined with existing research, highlights a hidden crisis. Within our current system resides a profound human cost that manages, instead of resolves, homelessness.

    Many women who experience homelessness do so for far longer than the federal government’s definition of chronic homelessness, which is six consecutive months or 18 months over three years. Research from the United Kingdom that focuses on long-term and unresolved homelessness for women found that the ways women experience homelessness is to “go around in circles” without having their housing or support needs met.

    Among the women I spoke with, more than half had been experiencing homelessness for 10 years or longer. Six of the the women said they have never had a safe place of their own to live for the entirety of their adult lives.

    All of the women who participated in this project accessed the services offered by the homeless serving sector, including shelters and outreach workers, designed to resolve their homelessness. Yet none of these women were able to have their housing and support needs met.

    This means their experience of homelessness has persisted for years, and even decades.

    Homelessness often starts in their teens

    More than half of the participants I spoke with first experienced homelessness before they turned 18. Their primary route into youth homelessness was gender-based violence. They ran away from home when they were teenaged girls to escape violence and became caught in a cycle of events that include: hospitalization, incarceration, staying in youth shelters, living in group homes and unsafe places.

    The Pan-Canadian Women’s Housing and Homelessness Survey, as well as a study on Toronto youth, echo what the women I spoke with told me. Studies from the United States also confirm similar patterns — homelessness begins early in life for a majority of women, and is often followed by a chronic, chaotic churn of precarious housing and homelessness situations.

    The women in my study described a frustrating and exhausting cycle of going among institutions such as hospitals, jails, emergency shelters, drop-in programs and transitional housing programs. They had all spent periods of time living outdoors, in encampments, in motels, with unsafe people and in other precarious and temporary housing arrangements. This phenomena is well-documented in existing Canadian research.

    Better definitions, better data

    The Canadian government defines those who have been homeless and using shelters for more than 180 days a year as experiencing “acute chronicity.”

    Another term used by the federal government for individuals who have accessed shelters at least once in each of the last three years is “prolonged instability.”

    People who meet one or both of these criteria are considered to have the highest housing needs in the country.

    According to recent federal data, women and gender-diverse people across Canada experience slightly higher rates of acute chronicity than men (13.4 per cent for men, 15.4 per cent for women, and 13.9 per cent for gender-diverse people). But the real numbers for women are likely much higher due to under-reporting.

    Research shows women remain invisible to official systems during periods of homelessness. For example, the available data relies solely on information about emergency shelter usage. It does not capture experiences of homelessness that occur outside of the shelter system.

    Women are less likely than their male counterparts to access shelters and other formal supports. Instead, they rely on precarious, unsafe and temporary housing arrangements to navigate homelessness.

    In Canada, there are also fewer emergency women-specific shelter beds than for men

    Rethinking responses to long-term homelessness

    For the women I spoke with, the official 180 days or three years that makes someone officially chronically homeless in Canada does not even begin to describe the length and complexity of their experiences of homelessness.

    They described wanting to live in supportive, gender-specific housing programs that foster community and care. Highly supportive housing typically integrates health and social services and a range of other support services. This type of integrated housing does exist across Canada — examples are the Block Line Supportive Housing Program operated by YWCA Kitchener-Waterloo and the Women’s Building (Alpha House) in Calgary — but there is not enough of it.

    The current measurements from the government of Canada fall short of capturing the complexity of the homeless experience for many Canadian women.

    Government officials must therefore not only rethink their definitions of those in the most housing need, they must develop responsive housing solutions to meet the needs of women who have been homeless for many years.

    Mary Vaccaro consults for YWCA Hamilton. She receives funding from the Social Sciences and Humanities Research Council of Canada.

    – ref. How women are trapped in years of homelessness that often begin in their teens – https://theconversation.com/how-women-are-trapped-in-years-of-homelessness-that-often-begin-in-their-teens-259239

    MIL OSI Analysis –

  • MIL-OSI Security: Defendants Sentenced for Trafficking Methamphetamine in Middle Georgia

    Source: US FBI

    Investigation Began Following 11-Kilo Meth Seizure in Macon; Fentanyl Mixtures Seized

    MACON, Ga. – Four defendants involved in a methamphetamine trafficking conspiracy in Macon responsible for pushing kilogram quantities of the illegal drug into the community were sentenced to federal prison today for their crimes.

    Denzelle Diangelo Willis, 34, of Macon, was sentenced to serve 278 months in prison to be followed by five years of supervised release. Willis previously pleaded guilty to one count of conspiracy to possess with intent to distribute methamphetamine on March 24.

    James Richard Fuller, 33, of Macon, was sentenced to serve 181 months in prison to be followed by five years of supervised release. Fuller previously pleaded guilty to one count of possession with intent to distribute methamphetamine on March 24.

    Julio Cesar Mendez, aka “Migo,” 29, of Macon, was sentenced to serve 135 months in prison to be followed by five years of supervised release. Mendez previously pleaded guilty to one count of distribution of methamphetamine on March 24.

    Deion Jocoley Howard, 31, of Macon, was sentenced to serve 53 months in prison to be followed by five years of supervised release. Howard previously pleaded guilty to one count of conspiracy to possess with intent to distribute methamphetamine on March 24.                         

    The sentencing hearings occurred on July 10 before U.S. District Judge Marc Treadwell. There is no parole in the federal system.

    “All those associated with these criminal organizations pushing large quantities of the most deadly and addictive drugs into the Middle District of Georgia will find their cases in federal court,” said U.S. Attorney William R. “Will” Keyes. “Our office is working closely with our local, state and federal law enforcement partners to make our communities safer.”

    “This case represents the continued commitment of the DEA to identify and hold accountable those who engage in the distribution of dangerous drugs,” said Jae W. Chung, the Acting Special Agent in Charge of the DEA Atlanta Division. “These defendants had total disregard for their actions that far too often have tragic consequences.”

    According to court documents and statements made in court, Drug Enforcement Administration (DEA) agents, with assistance from the Bibb, Peach and Monroe County Sheriff’s Offices, began investigating a drug trafficking organization operating in Macon in November 2022, after FBI agents seized nearly eleven kilograms of methamphetamine resulting from a separate investigation into Julian Coker’s drug trafficking organization (for more information about this case, please visit https://www.justice.gov/usao-mdga/pr/leader-armed-drug-trafficking-organization-sentenced-28-years-prison). DEA agents learned that Willis and Mendez sold methamphetamine and heroin throughout the Macon area. Between February and March 2023, agents used Confidential Informants (CI) to conduct three methamphetamine buys from Mendez and two heroin buys from Willis; the substances were later tested and contained fentanyl.

    Using court-authorized wiretaps and surveillance, agents discovered Mendez maintained a stash house on Melbourne Street in Macon and supplied ounce quantities of methamphetamine and marijuana to a network of street-level dealers. Howard was a freelance illegal drug broker in Macon who facilitated drug transactions between mid-level dealers and upper-level suppliers. Howard connected Mendez with Willis’s methamphetamine supply. Willis obtained kilogram quantities of methamphetamine from a source in the Atlanta area for distribution in the Macon area. Fuller was Willis’s courier for resupply trips and deliveries to mid-level dealers.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs) and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    The case was investigated by the DEA with assistance from the Bibb County Sheriff’s Office, the Monroe County Sheriff’s Office and the Peach County Sheriff’s Office.

    Criminal Chief Leah E. McEwen prosecuted the case for the Government.

    MIL Security OSI –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • NHAI releases second sustainability report, showcases green milestones

    Source: Government of India

    Source: Government of India (4)

    The National Highways Authority of India (NHAI) has released its second consecutive Sustainability Report for the financial year 2023–24, reaffirming its strong commitment towards environmental sustainability and responsible infrastructure development.

    The report, launched by Union Minister for Road Transport and Highways Nitin Gadkari, highlights NHAI’s integrated framework for Environmental, Social, and Governance (ESG) practices and its alignment with India’s global commitments under the Mission LiFE (Lifestyle for Environment) initiative and the vision of Hon’ble Prime Minister Shri Narendra Modi for a sustainable future.

    Despite a 20% rise in National Highway construction in FY 2023–24, NHAI has successfully reduced its Greenhouse Gas (GHG) Emissions Intensity from 1.0 MTCO2e/km to 0.8 MTCO2e/km, indicating a clear decoupling of construction growth from emissions.

    Promoting a circular economy remains central to NHAI’s efforts. In the reporting year, more than 631 lakh metric tonnes of recycled and reused materials — including fly ash, plastic waste, and reclaimed asphalt — were utilized in highway construction.

    Afforestation and plantation have also received a major push. Over 56 lakh saplings were planted in FY 2023–24 and 67.47 lakh saplings have already been planted in 2024–25, taking the total tree plantation count to over 4.69 crore since the rollout of the Green Highways Policy, 2015. This large-scale plantation has helped create substantial carbon sinks and enhanced the environmental balance along India’s highways.

    The report also documents NHAI’s conservation initiatives under the Amrit Sarovar Mission, with 467 water bodies rejuvenated across the country. These efforts have revitalised local water resources and supplied nearly 2.4 crore cubic metres of soil for road construction, yielding estimated savings of around ₹16,690 crore.

    Water use intensity in water-stressed regions has dropped by 74% compared to previous levels. Additionally, the authority has implemented best practices to mitigate the impact of highways on wildlife and minimise man-animal conflicts.

    On the social front, NHAI has reinforced inclusive and safe work practices. All direct employees and contract workers are now covered under the Occupational Health and Safety (OHS) Management Framework. The organisation also recorded zero instances of workplace discrimination, underlining its commitment to diversity and equity.

    Technology has played a crucial role in these achievements. The AI-driven Data Lake 3.0 platform has streamlined project management and helped resolve 155 conciliation claims, resulting in an estimated saving of about ₹25,680 crore. The widespread adoption of FASTag, with a penetration rate of 98.5%, has further reduced congestion at toll plazas, cutting vehicular emissions and the overall carbon footprint.

  • NHAI releases second sustainability report, showcases green milestones

    Source: Government of India

    Source: Government of India (4)

    The National Highways Authority of India (NHAI) has released its second consecutive Sustainability Report for the financial year 2023–24, reaffirming its strong commitment towards environmental sustainability and responsible infrastructure development.

    The report, launched by Union Minister for Road Transport and Highways Nitin Gadkari, highlights NHAI’s integrated framework for Environmental, Social, and Governance (ESG) practices and its alignment with India’s global commitments under the Mission LiFE (Lifestyle for Environment) initiative and the vision of Hon’ble Prime Minister Shri Narendra Modi for a sustainable future.

    Despite a 20% rise in National Highway construction in FY 2023–24, NHAI has successfully reduced its Greenhouse Gas (GHG) Emissions Intensity from 1.0 MTCO2e/km to 0.8 MTCO2e/km, indicating a clear decoupling of construction growth from emissions.

    Promoting a circular economy remains central to NHAI’s efforts. In the reporting year, more than 631 lakh metric tonnes of recycled and reused materials — including fly ash, plastic waste, and reclaimed asphalt — were utilized in highway construction.

    Afforestation and plantation have also received a major push. Over 56 lakh saplings were planted in FY 2023–24 and 67.47 lakh saplings have already been planted in 2024–25, taking the total tree plantation count to over 4.69 crore since the rollout of the Green Highways Policy, 2015. This large-scale plantation has helped create substantial carbon sinks and enhanced the environmental balance along India’s highways.

    The report also documents NHAI’s conservation initiatives under the Amrit Sarovar Mission, with 467 water bodies rejuvenated across the country. These efforts have revitalised local water resources and supplied nearly 2.4 crore cubic metres of soil for road construction, yielding estimated savings of around ₹16,690 crore.

    Water use intensity in water-stressed regions has dropped by 74% compared to previous levels. Additionally, the authority has implemented best practices to mitigate the impact of highways on wildlife and minimise man-animal conflicts.

    On the social front, NHAI has reinforced inclusive and safe work practices. All direct employees and contract workers are now covered under the Occupational Health and Safety (OHS) Management Framework. The organisation also recorded zero instances of workplace discrimination, underlining its commitment to diversity and equity.

    Technology has played a crucial role in these achievements. The AI-driven Data Lake 3.0 platform has streamlined project management and helped resolve 155 conciliation claims, resulting in an estimated saving of about ₹25,680 crore. The widespread adoption of FASTag, with a penetration rate of 98.5%, has further reduced congestion at toll plazas, cutting vehicular emissions and the overall carbon footprint.

  • MIL-OSI USA: Hoyle, Wyden, Merkley, Salinas, Dexter Announce $5.15 Million for Airports Across Oregon

    Source: US Representative Val Hoyle (OR-04)

    July 15, 2025

    Federal funds coming to airports in Aurora, Portland, Newport, Salem, John Day and Brookings.

    For Immediate Release: July 15, 2025 

    WASHINGTON, D.C.  – Yesterday, U.S. Representative Val Hoyle along with, U.S. Senators Ron Wyden and Jeff Merkley, and Reps. Andrea Salinas and Maxine Dexter announced $5.15 million combined in federal infrastructure investments at airports in Newport, Brookings, Aurora, Portland, Salem, and John Day.

    “Reliable, modern airport infrastructure is essential for the safety and economic vitality of our coastal communities,” said Rep. Hoyle. “These grants provide almost $750,000 in federal funding for the Newport and Brookings airports to input a new weather monitoring system, lighting upgrades, and essential safety equipment that will improve operations for pilots, emergency responders, and travelers alike. These investments are a win for public safety, regional connectivity, and the long-term resilience of Oregon’s South Coast.”

    “Airports big and small are critical to keeping communities across the state connected and prepared to respond to natural disasters that include wildfires, winter weather and more,” Senator Wyden said. “These federal investments will help bolster local economies, improveservice and enhance safety. I applaud these investments and will continue to fight for similar investments for Oregon airports in the future.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Senator Merkley said. “This federal funding will allow Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy.? I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.”?

    “As the Willamette Valley continues to grow and economic opportunities expand, we must ensure Oregon has alternative and safe transportation routes,” said Rep. Salinas. “I’m proud to have helped secure this federal grant funding, which will improve the structural integrity of the tarmac so that the airport can continue safely serving our local community for years to come.”

    “Investments in airport infrastructure are investments in public safety, regional resilience, and economic vitality,” said Rep. Dexter. “Portland was recently named the top airport in the nation and this funding will only further help keep Oregonians safe and our communities connected.” 

    The $5.15 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $696,721 to Portland International to rebuild 550 feet of existing east curtain wall in the main terminal entrance, including six revolving doors. 

    • $244,500 to McNary Field in Salem to rehabilitate 1,350 feet of existing paved taxiway to maintain its structural integrity and to extend its useful life.

    • $99,286 to Brookings Airport to install a new airport rotating beacon to enhance safety, rebuild a precision approach path indicator system and runway end identifier lights, and acquire and install a new wind cone navigational aid.

    “We are thankful to be awarded an FAA grant to help fund a vital upgrade of the automated weather observing system (AWOS) at Newport Municipal Airport. Weather conditions on the Oregon coast can change within minutes, and it is essential that our airport is able to continue to provide accurate data and information that keeps pilots and passengers safe on their journey to and from Newport. We are also grateful for the continued support of our Oregon legislators in helping us to secure funding for critical infrastructure and safety projects and equipment to support the needs of our community and the over 2 million annual visitors to Newport,” said Nina Vetter, Newport City Manager.

    Wyden, Merkley, Hoyle, Salinas and Dexter have all consistently supported airport infrastructure across Oregon. In June, Wyden, Merkley and Hoyle announced $9.7 million for rural airports across Oregon, in addition to another $1 million for airports on the Oregon Coast and Willamette Valley including Brookings and Aurora. In May, the Oregon delegation announced $22 million for airport infrastructure investments across the state. In September 2024, Wyden and Merkley announced $10 million in federal grants for airports in Medford and Prineville. In July 2024, Merkley, Wyden and Hoyle announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    A web version of the release is here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Hoyle, Wyden, Merkley, Salinas, Dexter Announce $5.15 Million for Airports Across Oregon

    Source: US Representative Val Hoyle (OR-04)

    July 15, 2025

    Federal funds coming to airports in Aurora, Portland, Newport, Salem, John Day and Brookings.

    For Immediate Release: July 15, 2025 

    WASHINGTON, D.C.  – Yesterday, U.S. Representative Val Hoyle along with, U.S. Senators Ron Wyden and Jeff Merkley, and Reps. Andrea Salinas and Maxine Dexter announced $5.15 million combined in federal infrastructure investments at airports in Newport, Brookings, Aurora, Portland, Salem, and John Day.

    “Reliable, modern airport infrastructure is essential for the safety and economic vitality of our coastal communities,” said Rep. Hoyle. “These grants provide almost $750,000 in federal funding for the Newport and Brookings airports to input a new weather monitoring system, lighting upgrades, and essential safety equipment that will improve operations for pilots, emergency responders, and travelers alike. These investments are a win for public safety, regional connectivity, and the long-term resilience of Oregon’s South Coast.”

    “Airports big and small are critical to keeping communities across the state connected and prepared to respond to natural disasters that include wildfires, winter weather and more,” Senator Wyden said. “These federal investments will help bolster local economies, improveservice and enhance safety. I applaud these investments and will continue to fight for similar investments for Oregon airports in the future.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Senator Merkley said. “This federal funding will allow Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy.? I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.”?

    “As the Willamette Valley continues to grow and economic opportunities expand, we must ensure Oregon has alternative and safe transportation routes,” said Rep. Salinas. “I’m proud to have helped secure this federal grant funding, which will improve the structural integrity of the tarmac so that the airport can continue safely serving our local community for years to come.”

    “Investments in airport infrastructure are investments in public safety, regional resilience, and economic vitality,” said Rep. Dexter. “Portland was recently named the top airport in the nation and this funding will only further help keep Oregonians safe and our communities connected.” 

    The $5.15 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $696,721 to Portland International to rebuild 550 feet of existing east curtain wall in the main terminal entrance, including six revolving doors. 

    • $244,500 to McNary Field in Salem to rehabilitate 1,350 feet of existing paved taxiway to maintain its structural integrity and to extend its useful life.

    • $99,286 to Brookings Airport to install a new airport rotating beacon to enhance safety, rebuild a precision approach path indicator system and runway end identifier lights, and acquire and install a new wind cone navigational aid.

    “We are thankful to be awarded an FAA grant to help fund a vital upgrade of the automated weather observing system (AWOS) at Newport Municipal Airport. Weather conditions on the Oregon coast can change within minutes, and it is essential that our airport is able to continue to provide accurate data and information that keeps pilots and passengers safe on their journey to and from Newport. We are also grateful for the continued support of our Oregon legislators in helping us to secure funding for critical infrastructure and safety projects and equipment to support the needs of our community and the over 2 million annual visitors to Newport,” said Nina Vetter, Newport City Manager.

    Wyden, Merkley, Hoyle, Salinas and Dexter have all consistently supported airport infrastructure across Oregon. In June, Wyden, Merkley and Hoyle announced $9.7 million for rural airports across Oregon, in addition to another $1 million for airports on the Oregon Coast and Willamette Valley including Brookings and Aurora. In May, the Oregon delegation announced $22 million for airport infrastructure investments across the state. In September 2024, Wyden and Merkley announced $10 million in federal grants for airports in Medford and Prineville. In July 2024, Merkley, Wyden and Hoyle announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    A web version of the release is here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Hoyle, Wyden, Merkley, Salinas, Dexter Announce $5.15 Million for Airports Across Oregon

    Source: US Representative Val Hoyle (OR-04)

    July 15, 2025

    Federal funds coming to airports in Aurora, Portland, Newport, Salem, John Day and Brookings.

    For Immediate Release: July 15, 2025 

    WASHINGTON, D.C.  – Yesterday, U.S. Representative Val Hoyle along with, U.S. Senators Ron Wyden and Jeff Merkley, and Reps. Andrea Salinas and Maxine Dexter announced $5.15 million combined in federal infrastructure investments at airports in Newport, Brookings, Aurora, Portland, Salem, and John Day.

    “Reliable, modern airport infrastructure is essential for the safety and economic vitality of our coastal communities,” said Rep. Hoyle. “These grants provide almost $750,000 in federal funding for the Newport and Brookings airports to input a new weather monitoring system, lighting upgrades, and essential safety equipment that will improve operations for pilots, emergency responders, and travelers alike. These investments are a win for public safety, regional connectivity, and the long-term resilience of Oregon’s South Coast.”

    “Airports big and small are critical to keeping communities across the state connected and prepared to respond to natural disasters that include wildfires, winter weather and more,” Senator Wyden said. “These federal investments will help bolster local economies, improveservice and enhance safety. I applaud these investments and will continue to fight for similar investments for Oregon airports in the future.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Senator Merkley said. “This federal funding will allow Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy.? I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.”?

    “As the Willamette Valley continues to grow and economic opportunities expand, we must ensure Oregon has alternative and safe transportation routes,” said Rep. Salinas. “I’m proud to have helped secure this federal grant funding, which will improve the structural integrity of the tarmac so that the airport can continue safely serving our local community for years to come.”

    “Investments in airport infrastructure are investments in public safety, regional resilience, and economic vitality,” said Rep. Dexter. “Portland was recently named the top airport in the nation and this funding will only further help keep Oregonians safe and our communities connected.” 

    The $5.15 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $696,721 to Portland International to rebuild 550 feet of existing east curtain wall in the main terminal entrance, including six revolving doors. 

    • $244,500 to McNary Field in Salem to rehabilitate 1,350 feet of existing paved taxiway to maintain its structural integrity and to extend its useful life.

    • $99,286 to Brookings Airport to install a new airport rotating beacon to enhance safety, rebuild a precision approach path indicator system and runway end identifier lights, and acquire and install a new wind cone navigational aid.

    “We are thankful to be awarded an FAA grant to help fund a vital upgrade of the automated weather observing system (AWOS) at Newport Municipal Airport. Weather conditions on the Oregon coast can change within minutes, and it is essential that our airport is able to continue to provide accurate data and information that keeps pilots and passengers safe on their journey to and from Newport. We are also grateful for the continued support of our Oregon legislators in helping us to secure funding for critical infrastructure and safety projects and equipment to support the needs of our community and the over 2 million annual visitors to Newport,” said Nina Vetter, Newport City Manager.

    Wyden, Merkley, Hoyle, Salinas and Dexter have all consistently supported airport infrastructure across Oregon. In June, Wyden, Merkley and Hoyle announced $9.7 million for rural airports across Oregon, in addition to another $1 million for airports on the Oregon Coast and Willamette Valley including Brookings and Aurora. In May, the Oregon delegation announced $22 million for airport infrastructure investments across the state. In September 2024, Wyden and Merkley announced $10 million in federal grants for airports in Medford and Prineville. In July 2024, Merkley, Wyden and Hoyle announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    A web version of the release is here.

    ###

    MIL OSI USA News –

  • MIL-OSI: White River Bancshares Co. Reports Net Income of $3.30 million, or $1.34 Per Diluted Share, in 2Q25; Results Driven by Loan Growth and Net Interest Margin Expansion

    Source: GlobeNewswire (MIL-OSI)

    FAYETTEVILLE, Ark., July 15, 2025 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV) (the “Company”), the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased to $3.30 million, or $1.34 per diluted share, in the second quarter of 2025, compared to $1.85 million, or $0.81 per diluted share, in the second quarter of 2024. The Company reported net income of $2.63 million, or $1.07 per diluted share, for the prior quarter. In the first six months of 2025, net income increased to $5.93 million, or $2.42 per diluted share, compared to $2.36 million, or $1.11 per diluted share, in the first six months of 2024. All financial results are unaudited and all per share data has been adjusted to reflect the two-for-one stock split effected September 4, 2024.

    “We had a strong second quarter—the most profitable quarter we’ve ever had,” said Gary Head, Chairman and CEO. “We have been blessed to have incredible loan growth throughout the history of our company, and we build on that momentum quarter after quarter. Our Signature Bank family is the best group of bankers I’ve been associated with in my 43-year banking career. Their teamwork and commitment to excellence consistently go above and beyond expectations.”

    “As a community bank, expanding our deposit base to support new loan growth is critical,” said Scott Sandlin, Chief Strategy Officer. “Our Bank has made deposit gathering a primary focus, and our team has done an outstanding job—deepening relationships with existing clients while also bringing in new customers. As a result, total deposits increased 4.0% during the second quarter of 2025 and 23.2% year-over-year. At quarter end, demand and non-interest bearing accounts represented 18.7% of total deposits, and savings and interest-bearing transaction accounts represented 38.4% of total deposits. We will continue to actively seek more opportunities to grow deposits in the coming quarters to meet the increasing demand for loans.”

    Second Quarter 2025 Financial Highlights:

    • Net income for the second quarter of 2025 increased to $3.30 million, or $1.34 per diluted share, compared to $1.85 million, or $0.81 per diluted share, in the second quarter of 2024.
    • Net interest income increased 31.7% to $11.9 million in the second quarter of 2025, compared to $9.0 million in the second quarter of 2024.
    • Net interest margin (“NIM”) increased 31 basis points to 3.56% in the second quarter of 2025, compared to 3.25% in the second quarter of 2024.
    • The Company recorded an $800,000 provision for credit losses in the second quarter of 2025, compared to a $432,000 provision for credit losses in the second quarter of 2024.
    • Net loans increased 21.6% to $1.194 billion at June 30, 2025, compared to $982.3 million at June 30, 2024.
    • Nonperforming loans represented 0.03% of total loans at June 30, 2025, compared to 0.00% a year ago.
    • Total deposits increased $235.3 million, or 23.2%, year-over-year, to $1.249 billion at June 30, 2025, compared to $1.014 billion at June 30, 2024.
    • Core deposits (demand and non-interest-bearing, savings and interest-bearing transaction accounts, CDs under $250,000 and CDARs reciprocal deposits) represented 70.10% of total deposits at June 30, 2025.
    • Tangible book value per common share was $41.17 at June 30, 2025, compared to $37.00 a year ago.

    Income Statement

    In the second quarter of 2025, the Company generated a return on average assets of 0.94% and a return on average equity of 12.62%, compared to 0.79% and 10.64%, respectively, in the first quarter of 2025 and 0.63% and 8.26%, respectively, in the second quarter of 2024.

    “Our second quarter net interest margin expanded by 17 basis points from the previous quarter and 31 basis points year-over-year, driven by loan growth and increased yields on our interest-earning assets,” said Brant Ward, President. NIM was 3.56% in the second quarter of 2025, compared to 3.39% in the first quarter of 2025, and 3.25% in the second quarter of 2024. In the first six months of 2025, NIM expanded 37 basis points to 3.48%, compared to 3.11% in the first six months of 2024.

    Net interest income increased 31.7% to $11.9 million in the second quarter of 2025, compared to $9.0 million in the second quarter of 2024. The increase was primarily due to year-over-year loan growth. Total interest income increased 24.8% to $21.2 million in the second quarter of 2025, compared to $17.0 million in the second quarter of 2024, primarily attributable to the increase in loans. Total interest expense increased to $9.3 million in the second quarter of 2025, from $8.0 million in the second quarter of 2024, primarily due to an increase in deposit costs. In the first six months of 2025, net interest income increased 31.9% to $22.5 million, compared to $17.1 million in the first six months of 2024.

    Noninterest income increased 7.9% to $2.1 million in the second quarter of 2025, compared to $1.9 million in the second quarter of 2024. The increase was primarily due to an increase in secondary market fee income, which more than offset the decrease in wealth management fee income during the second quarter of 2025. In the first six months of 2025, noninterest income increased 14.5% to $4.0 million, compared to $3.5 million in the first six months of 2024.

    Noninterest expense was $8.9 million in the second quarter of 2025, compared to $8.1 million in the second quarter of 2024, as expenses have normalized following the investment in expanding the Company’s market presence over the past few years. In the first six months of the year, noninterest expense increased 6.0% to $17.4 million, compared to $16.4 million in the first six months of 2024.

    Balance Sheet

    Total assets increased 18.4% to $1.434 billion at June 30, 2025, from $1.211 billion at June 30, 2024, and increased 4.0% compared to $1.379 billion at March 31, 2025. Cash and cash equivalents totaled $25.6 million at June 30, 2025, compared to $49.5 million a year ago. Investment securities totaled $140.5 million at June 30, 2025, an increase from $115.5 million at June 30, 2024.

    Loans, net of allowance for credit losses, increased 21.6% to $1.194 billion at June 30, 2025, compared to $982.3 million at June 30, 2024, and increased 5.9% compared to $1.128 billion at March 31, 2025.

    Total deposits increased 23.2% to $1.249 billion at June 30, 2025, compared to $1.014 billion at June 30, 2024, and increased 4.0% compared to $1.201 billion at March 31, 2025. Demand and non-interest-bearing deposits decreased less than 1% compared to June 30, 2024, while savings and interest-bearing transaction accounts increased 37.6% compared to June 30, 2024.

    FHLB advances were $21.5 million at June 30, 2025, compared to $54.3 million at June 30, 2024, and $21.6 million at March 31, 2025. Total stockholders’ equity increased to $102.5 million at June 30, 2025, compared to $92.0 million at June 30, 2024, and $100.5 million at March 31, 2025. Tangible book value per common share was $41.17 at June 30, 2025, compared to $37.00 at June 30, 2024, and $40.33 at March 31, 2025.

    Credit Quality

    Due to strong quarterly loan growth, the Company recorded an $800,000 provision for credit losses in the second quarter of 2025. This is compared to a $670,000 provision for credit losses in the first quarter of 2025, and a $432,000 provision for credit losses in the second quarter of 2024.

    There were $365,000 in nonperforming loans at June 30, 2025. This compared to $420,000 in nonperforming loans at March 31, 2025, and $32,000 in nonperforming loans at June 30, 2024. Nonperforming loans represented 0.03% of total loans on June 30, 2025, 0.04% of total loans on March 31, 2025, and 0.00% of total loans a year ago.

    “We remain conservative in building our credit loss reserves, continually reviewing our loan mix, assessing growth trends, and factoring in both regional and national economic conditions to ensure our allowance remains appropriately calibrated,” said Jeff Maland, Chief Risk Officer. The allowance for credit losses was $14.0 million, or 1.16% of total loans, at June 30, 2025, compared to $13.3 million, or 1.17% of total loans, at March 31, 2025, and $12.4 million, or 1.25% of total loans, at June 30, 2024.

    Net loan recoveries were $11,000 in the second quarter of 2025. This compared to net loan charge-offs of $137,000 in the first quarter of 2025, and net loan charge-offs of $111,000 in the second quarter of 2024.

    Capital

    The Bank’s capital ratios continued to exceed regulatory “well-capitalized” requirements, with a Total risk-based capital ratio estimate of 11.69%, a Tier 1 ratio of 10.44%, and a Leverage ratio of 9.12% for the Bank at June 30, 2025.

    About White River Bancshares Company

    White River Bancshares Company is the single bank holding company for Signature Bank of Arkansas, headquartered in Fayetteville, Arkansas. The Bank has locations in Fayetteville, Springdale, Bentonville, Rogers, Brinkley, Harrison and Jonesboro, Arkansas. Founded in 2005, Signature Bank of Arkansas provides a full line of financial services to small businesses, families and farms. White River Bancshares Company (OTCQX: WRIV), trades on the OTCQX® Best Market.  

    In the second quarter of 2025, the Signature Bank celebrated its 20-year anniversary of service to its Arkansas communities. In tandem with the celebration, the organization updated its mission statement:
    We are committed to being a trusted local bank for business owners, individuals, and families who seek personalized service from people they know. Our mission is to empower our customers to strengthen their connections through every interaction, ensuring that their dollars are reinvested locally to support the growth and prosperity of the community we share. We have a passion for preserving the traditions of community banking as we embrace the power of technology.

    About the Region

    White River Bancshares Company is headquartered in thriving Northwest Arkansas in the Fayetteville-Springdale-Rogers MSA. The region is home to the corporate headquarters for Walmart Stores Inc, Sam’s Club, Tyson Foods, Simmons Foods, and J.B. Hunt Transport. Hundreds of other market-leading companies including Procter & Gamble, Johnson & Johnson, Coca-Cola and Rubbermaid maintain offices in the region in order to maintain their relationships with the locally based Fortune 500 companies. Northwest Arkansas is also home to the state’s flagship public educational institution, The University of Arkansas, and its Sam M. Walton College of Business. The region has seen significant growth in its medical and arts infrastructures with the continued expansion of Washington Regional Medical System, Northwest Medical System, Mercy Health System of Northwest Arkansas and Arkansas Children’s Hospital Northwest. Crystal Bridges Museum of American Art and the Walton Arts Center have led the expansion of the arts. Northwest Arkansas has been repeatedly recognized in recent years as one of the best places to live in the country and remains one of the nation’s fastest-growing regions. In May 2024, Walmart issued a relocation mandate requiring most of its remote employees, as well as most of its office workers in Dallas, Atlanta and Toronto to move to, in most cases, Bentonville by November 1, 2024. While the company did not disclose a number, Bloomberg reported that the number of Walmart employees who would be moving to Bentonville would be in the thousands. Walmart is making a major investment in its hometown facilities, building a new, 350-acre headquarters campus, including walking and biking trails, a hotel, fitness facilities and a large childcare center.

    The Company has expanded eastward, with new markets in Jonesboro and Harrison. Jonesboro, located in Craighead County, is a city located on Crowley’s Ridge in the northeastern corner of Arkansas. It is the home of Arkansas State University and the cultural and economic center of Northeast Arkansas. Jonesboro also houses the region’s hospital network. U.S. Steel Corp. announced that it would locate a new $3 billion steel factory in Northeast Arkansas in Osceola, a move expected to create 900 jobs with an average pay over $100,000 annually, making it the largest capital investment project in Arkansas history. Harrison sits below Branson, Missouri, which is a family tourist destination and outdoor recreation, and is well known as an entertainment destination.

    The Company currently operates out of ten locations; three in Washington County; three in Benton County; two in Monroe County; one in Boone County; and one in Craighead County.

    The housing market in Washington and Benton counties remains robust. According to the Northwest Arkansas Board of Realtors, the average home in Washington County sold for $429,000 in May 2025, with an average of 97 days on the market. For Benton County, the average house sold for $461,000, with an average of 92 days on the market.

    Source:
    http://www.nwarealtors.org/market-statistics/

    Forward Looking Statements

    This press release contains statements about future events. These forward-looking statements, which are based on certain assumptions of management of the Company and the Bank and describe our future plans, strategies and expectations, can generally be identified by use of forward-looking terminology such as “may,” “will,” “believe,” “plan,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions or the negative of those terms. Our ability to predict results of future events and the actual effect of future plans or strategies are inherently uncertain, and actual results may differ materially from those predicted in such forward-looking statements. Factors that could have a material adverse effect on our operations and future prospects or that could affect the outcome of such forward-looking statements include, but are not limited to, changes in interest rates; the economic health of the local real estate market; general economic conditions; credit deterioration in our loan portfolio that would cause us to increase our allowance for loan losses; legislative or regulatory changes; technological developments; monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board; the quality or composition of our loan and securities portfolios; demand for loan products in our market areas; deposit flows and costs of capital; competition; retention and recruitment of qualified personnel; demand for financial services in our market areas; and changes in accounting principles, policies, and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically declines any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

    Contact: Scott Sandlin, Chief Strategy Officer
      479-684-3754
       
    WHITE RIVER BANCSHARES COMPANY
    CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
                   
        For the Three Months Ended  
        June 30,   March 31,   June 30,  
          2025     2025     2024  
                   
    INTEREST INCOME              
    Loans, including fees   $ 19,611,698   $ 18,315,006   $ 15,763,452  
    Investment securities     1,431,773     1,258,571     1,083,415  
    Federal funds sold and other     175,917     232,978     162,250  
    Total interest income     21,219,388     19,806,555     17,009,117  
                   
    INTEREST EXPENSE              
    Deposits     8,538,199     8,312,455     7,106,512  
    Federal Home Loan Bank advances     296,860     393,057     448,263  
    Notes payable     477,735     475,425     398,017  
    Federal funds purchased and other     7,113     13,022     21,787  
    Total interest expense     9,319,907     9,193,959     7,974,579  
    NET INTEREST INCOME     11,899,481     10,612,596     9,034,538  
    Provision for credit losses     800,000     670,000     432,000  
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES     11,099,481     9,942,596     8,602,538  
                   
    NON-INTEREST INCOME              
    Service charges and fees on deposits     162,185     171,186     154,816  
    Wealth management fee income     994,100     1,017,829     1,065,553  
    Secondary market fee income     223,956     128,824     113,926  
    Bank owned-life insurance income     82,190     80,603     80,478  
    Gain on sales and write-downs of foreclosed assets     15,475     –     326  
    Other     616,667     544,141     527,064  
    TOTAL NON-INTEREST INCOME     2,094,573     1,942,583     1,942,163  
                   
    NON-INTEREST EXPENSE              
    Salaries and benefits     5,185,716     4,931,692     4,784,556  
    Occupancy and equipment     1,189,886     1,145,101     936,818  
    Data processing     857,198     858,115     704,080  
    Marketing and business development     609,549     397,137     473,618  
    Professional services     699,968     650,708     617,890  
    Amortization of other intangible assets     53,037     53,036     53,037  
    Other     326,224     393,498     494,203  
    TOTAL NON-INTEREST EXPENSE     8,921,578     8,429,287     8,064,202  
                   
    Income before income taxes     4,272,476     3,455,892     2,480,499  
    Income tax provision     974,775     826,085     631,462  
    NET INCOME   $ 3,297,701   $ 2,629,807   $ 1,849,037  
                   
    EARNINGS PER SHARE              
    Basic (1)   $ 1.35   $ 1.07   $ 0.81  
    Diluted (1)   $ 1.34   $ 1.07   $ 0.81  
                   
    (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
           
    WHITE RIVER BANCSHARES COMPANY  
    CONSOLIDATED STATEMENTS OF INCOME  
    (Unaudited)  
                 
          Six Months Ended  
          June 30,  
          2025   2024  
                 
    INTEREST INCOME            
    Loans, including fees     $ 37,926,704   $ 30,758,374  
    Investment securities       2,690,344     2,012,455  
    Federal funds sold and other       408,895     258,404  
    Total Interest Income       41,025,943     33,029,233  
                 
    INTEREST EXPENSE            
    Deposits       16,850,654     14,091,305  
    Federal Home Loan Bank advances       689,917     968,582  
    Notes payable       953,160     796,034  
    Federal funds purchased and other       20,135     100,047  
    Total interest expense       18,513,866     15,955,968  
    NET INTEREST INCOME       22,512,077     17,073,265  
    Provision for credit losses       1,470,000     1,080,000  
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES       21,042,077     15,993,265  
                 
    NON-INTEREST INCOME            
    Service charges and fees on deposits       333,371     305,165  
    Wealth management fee income       2,011,929     1,911,059  
    Secondary market fee income       352,780     170,990  
    Bank owned life insurance income       162,793     160,359  
    Gain on sales and write-downs of foreclosed assets       15,475     1,376  
    Other       1,160,808     976,319  
    TOTAL NON-INTEREST INCOME       4,037,156     3,525,268  
                 
    NON-INTEREST EXPENSE            
    Salaries and benefits       10,117,408     9,784,089  
    Occupancy and equipment       2,334,987     1,864,942  
    Data processing       1,715,313     1,494,649  
    Marketing and business development       1,006,686     937,315  
    Professional services       1,350,676     1,287,757  
    Amortization of intangible asset       106,073     106,073  
    Other       719,722     898,039  
    TOTAL NON-INTEREST EXPENSE       17,350,865     16,372,864  
                 
    Income before income taxes       7,728,368     3,145,669  
    Income tax provision       1,800,860     787,404  
    NET INCOME     $ 5,927,508   $ 2,358,265  
                 
    EARNINGS PER SHARE            
    Basic (1)     $ 2.42   $ 1.11  
    Diluted (1)     $ 2.42   $ 1.11  
                 
      (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
                 
    WHITE RIVER BANCSHARES COMPANY  
    CONSOLIDATED BALANCE SHEETS  
    (Unaudited)  
                   
        June 30, 2025   March 31, 2025   June 30, 2024  
                   
    ASSETS                      
    Cash and cash equivalents   $ 25,604,276     $ 48,360,156     $ 49,495,763    
    Investment securities     140,544,711       134,968,153       115,526,915    
    Loans held for sale     2,442,642       874,009       997,907    
    Loans     1,208,102,220       1,141,369,199       994,754,063    
    Allowance for credit losses     (14,033,740 )     (13,347,855 )     (12,434,130 )  
    Net loans     1,194,068,480       1,128,021,344       982,319,933    
    Premises and equipment, net     37,411,490       35,647,835       30,442,837    
    Foreclosed assets held for sale     –       310,406       777,606    
    Accrued interest receivable     7,024,823       6,629,881       5,433,391    
    Bank owned life insurance     9,942,100       9,859,911       9,614,851    
    Deferred income taxes     4,522,795       4,220,559       4,788,942    
    Other investments     7,925,019       6,782,614       8,094,125    
    Intangible assets, net     1,697,167       1,750,204       1,909,313    
    Other assets     2,783,012       1,825,830       1,733,790    
    TOTAL ASSETS   $ 1,433,966,515     $ 1,379,250,902     $ 1,211,135,373    
                   
    LIABILITIES & STOCKHOLDERS’ EQUITY                      
    Deposits:              
    Demand and non-interest-bearing   $ 233,078,431     $ 231,331,391     $ 233,230,007    
    Savings and interest-bearing transaction accounts     479,532,136       456,733,576       348,391,562    
    Time deposits     536,591,123       512,882,444       432,248,979    
    Total deposits     1,249,201,690       1,200,947,411       1,013,870,548    
    Federal Home Loan Bank advances     21,518,084       21,593,143       54,314,495    
    Notes payable     26,159,110       26,141,832       26,090,002    
    Operating lease liability     21,918,414       20,029,714       15,930,503    
    Reserve for losses on unfunded commitments     1,603,000       1,478,000       1,433,000    
    Accrued interest payable     2,636,403       2,731,699       2,714,687    
    Other liabilities     8,433,777       5,798,159       4,745,292    
    TOTAL LIABILITIES     1,331,470,478       1,278,719,958       1,119,098,527    
                   
    Stockholders’ equity:              
    Common stock (1)     24,876       24,882       24,698    
    Surplus (1)     102,893,483       102,784,831       102,457,705    
    Retained earnings (accumulated deficit)     6,787,654       4,714,375       (2,484,500 )  
    Treasury stock, at cost     (1,284,359 )     (1,265,731 )     (1,132,905 )  
    Accumulated other comprehensive loss     (5,925,617 )     (5,727,413 )     (6,828,152 )  
    TOTAL STOCKHOLDERS’ EQUITY     102,496,037       100,530,944       92,036,846    
                   
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 1,433,966,515     $ 1,379,250,902     $ 1,211,135,373    
                   
    (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
                   
    WHITE RIVER BANCSHARES COMPANY
    SUPPLEMENTAL INFORMATION
                   
        (Unaudited)  
        Three Months Ended  
        June 30,   March 31,   June 30,  
                   
    FOR THE PERIOD              
    Net income   $ 3,297,701     $ 2,629,807     $ 1,849,037    
    Net income before taxes     4,272,476       3,455,892       2,480,499    
    Dividends declared per share (1)     0.50       –       0.50    
                   
                   
    PERIOD END BALANCE              
    Total assets   $ 1,433,966,515     $ 1,379,250,902     $ 1,211,135,373    
    Total investments     140,544,711       134,968,153       115,526,915    
    Total loans, net     1,194,068,480       1,128,021,344       982,319,933    
    Allowance for credit losses     (14,033,740 )     (13,347,855 )     (12,434,131 )  
    Total deposits     1,249,201,690       1,200,947,411       1,013,870,548    
    Stockholders’ equity     102,496,037       100,530,944       92,036,846    
                   
                   
    RATIO ANALYSIS              
    Return on average assets (annualized)     0.94 %     0.79 %     0.63 %  
    Return on average equity (annualized)     12.62 %     10.64 %     8.26 %  
    Net loans/Deposits     95.59 %     93.93 %     96.89 %  
    Total Stockholders’ Equity/Total assets     7.15 %     7.29 %     7.60 %  
    Net loan losses/Total loans     -0.00 %     0.01 %     0.01 %  
    Uninsured & unpledged deposits     32.37 %     31.00 %     31.21 %  
                   
                   
    PER SHARE DATA              
    Shares outstanding (1)     2,448,246       2,449,317       2,435,700    
    Weighted average shares outstanding (1)     2,448,734       2,446,747       2,291,316    
    Diluted weighted average shares outstanding (1)     2,454,485       2,451,161       2,291,316    
    Basic earnings (1)   $ 1.35     $ 1.07     $ 0.81    
    Diluted earnings (1)     1.34       1.07       0.81    
    Book value (1)     41.87       41.04       37.79    
    Tangible book value (1)     41.17       40.33       37.00    
                   
                   
    ASSET QUALITY              
    Net (recoveries) charge-offs   $ (10,889 )   $ 136,970     $ 110,968    
    Classified assets     402,406       853,745       1,090,758    
    Nonperforming loans     364,853       419,985       32,054    
    Nonperforming assets     364,853       730,391       809,660    
    Total nonperforming loans/Total loans     0.03 %     0.04 %     0.00 %  
    Total nonperforming loans/Total assets     0.03 %     0.03 %     0.00 %  
    Total nonperforming assets/Total assets     0.03 %     0.05 %     0.07 %  
    Allowance for credit losses/Total loans     1.16 %     1.17 %     1.25 %  
                   
                   
    (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
                   
    WHITE RIVER BANCSHARES COMPANY  
    INTEREST INCOME AND EXPENSE  
    (Unaudited)  
                                           
        Three Months Ended  
        June 30,   March 31,   June 30,  
          2025       2025       2024    
        Average       Average   Average       Average   Average       Average  
        Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate  
                                           
    Interest-earning assets:                                      
    Federal funds sold and other   $ 15,102,485   $ 175,917   4.67 %   $ 23,287,989   $ 232,978   4.06 %   $ 11,798,448   $ 162,250   5.53 %  
    Investment securities available-for-sale (1)     138,229,178     1,289,470   3.74 %     133,405,472     1,208,821   3.67 %     114,427,481     941,900   3.31 %  
    Loans receivable     1,169,591,045     19,611,698   6.73 %     1,106,648,533     18,315,006   6.71 %     973,396,880     15,763,452   6.51 %  
    Total interest-earning assets     1,322,922,708   $ 21,077,085   6.39 %     1,263,341,994   $ 19,756,805   6.34 %     1,099,622,809   $ 16,867,602   6.17 %  
    Noninterest-earning assets     81,927,528             81,821,189             74,503,352          
    Total assets   $ 1,404,850,236           $ 1,345,163,183           $ 1,174,126,161          
    Interest-bearing liabilities:                                      
    Interest-bearing deposits   $ 985,435,006   $ 8,538,199   3.48 %   $ 937,669,969   $ 8,312,455   3.60 %   $ 770,303,642   $ 7,106,512   3.71 %  
    FHLB advances and federal funds purchased     26,552,308     303,973   4.59 %     36,654,930     406,079   4.49 %     40,440,625     470,050   4.67 %  
    Notes payable     26,150,819     477,735   7.33 %     26,131,761     475,425   7.38 %     25,506,601     398,017   6.28 %  
    Total interest-bearing liabilities     1,038,138,133   $ 9,319,907   3.60 %     1,000,456,660   $ 9,193,959   3.73 %     836,250,868   $ 7,974,579   3.84 %  
    Noninterest-bearing liabilities     261,876,451             244,466,979             247,820,333          
    Total liabilities     1,300,014,584             1,244,923,639             1,084,071,201          
    Stockholders’ equity     104,835,652             100,239,544             90,054,960          
    Total liabilities and stockholders’ equity   $ 1,404,850,236           $ 1,345,163,183           $ 1,174,126,161          
    Net interest-earning assets   $ 284,784,575           $ 262,885,334           $ 263,371,941          
    Net interest spread       $ 11,757,178   2.79 %       $ 10,562,846   2.61 %       $ 8,893,023   2.33 %  
    Net interest margin           3.56 %           3.39 %           3.25 %  
                                           
    (1 ) Excludes investments in bank stock (Federal Reserve Bank, Federal Home Loan Bank, and First National Bankers Bankshares).      
                                           
    WHITE RIVER BANCSHARES COMPANY  
    INTEREST INCOME AND EXPENSE  
    (Unaudited)  
                               
        Six Months Ended June 30,  
          2025       2024    
        Average       Average   Average       Average  
        Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate  
                               
    Interest-earning assets:                          
    Federal funds sold and other   $ 19,172,625   $ 408,895   4.30 %   $ 10,071,062   $ 258,404   5.16 %  
    Investment securities available-for-sale (1)     135,830,651     2,498,291   3.71 %     114,434,010     1,842,786   3.24 %  
    Loans receivable     1,138,293,665     37,926,704   6.72 %     967,102,566     30,758,374   6.40 %  
    Total interest-earning assets     1,293,296,941   $ 40,833,890   6.37 %     1,091,607,638   $ 32,859,564   6.05 %  
    Noninterest-earning assets     81,874,656             72,612,145          
    Total assets   $ 1,375,171,597           $ 1,164,219,783          
    Interest-bearing liabilities:                          
    Interest-bearing deposits   $ 961,684,434   $ 16,850,654   3.53 %   $ 766,601,621   $ 14,091,305   3.70 %  
    FHLB advances and federal funds purchased     31,575,711     710,052   4.53 %     45,594,923     1,068,629   4.71 %  
    Notes payable     26,141,343     953,160   7.35 %     25,500,463     796,034   6.28 %  
    Total interest-bearing liabilities     1,019,401,488   $ 18,513,866   3.66 %     837,697,007   $ 15,955,968   3.83 %  
    Noninterest-bearing liabilities     253,207,317             240,831,655          
    Total liabilities     1,272,608,805             1,078,528,662          
    Stockholders’ equity     102,562,792             85,691,121          
    Total liabilities and stockholders’ equity   $ 1,375,171,597           $ 1,164,219,783          
    Net interest-earning assets   $ 273,895,453           $ 253,910,631          
    Net interest spread       $ 22,320,024   2.70 %       $ 16,903,596   2.22 %  
    Net interest margin           3.48 %           3.11 %  
                               
    (1 )   Excludes investments in bank stock (Federal Reserve Bank, Federal Home Loan Bank, and First National Bankers Bankshares).
                               

    The MIL Network –

  • MIL-OSI: White River Bancshares Co. Reports Net Income of $3.30 million, or $1.34 Per Diluted Share, in 2Q25; Results Driven by Loan Growth and Net Interest Margin Expansion

    Source: GlobeNewswire (MIL-OSI)

    FAYETTEVILLE, Ark., July 15, 2025 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV) (the “Company”), the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased to $3.30 million, or $1.34 per diluted share, in the second quarter of 2025, compared to $1.85 million, or $0.81 per diluted share, in the second quarter of 2024. The Company reported net income of $2.63 million, or $1.07 per diluted share, for the prior quarter. In the first six months of 2025, net income increased to $5.93 million, or $2.42 per diluted share, compared to $2.36 million, or $1.11 per diluted share, in the first six months of 2024. All financial results are unaudited and all per share data has been adjusted to reflect the two-for-one stock split effected September 4, 2024.

    “We had a strong second quarter—the most profitable quarter we’ve ever had,” said Gary Head, Chairman and CEO. “We have been blessed to have incredible loan growth throughout the history of our company, and we build on that momentum quarter after quarter. Our Signature Bank family is the best group of bankers I’ve been associated with in my 43-year banking career. Their teamwork and commitment to excellence consistently go above and beyond expectations.”

    “As a community bank, expanding our deposit base to support new loan growth is critical,” said Scott Sandlin, Chief Strategy Officer. “Our Bank has made deposit gathering a primary focus, and our team has done an outstanding job—deepening relationships with existing clients while also bringing in new customers. As a result, total deposits increased 4.0% during the second quarter of 2025 and 23.2% year-over-year. At quarter end, demand and non-interest bearing accounts represented 18.7% of total deposits, and savings and interest-bearing transaction accounts represented 38.4% of total deposits. We will continue to actively seek more opportunities to grow deposits in the coming quarters to meet the increasing demand for loans.”

    Second Quarter 2025 Financial Highlights:

    • Net income for the second quarter of 2025 increased to $3.30 million, or $1.34 per diluted share, compared to $1.85 million, or $0.81 per diluted share, in the second quarter of 2024.
    • Net interest income increased 31.7% to $11.9 million in the second quarter of 2025, compared to $9.0 million in the second quarter of 2024.
    • Net interest margin (“NIM”) increased 31 basis points to 3.56% in the second quarter of 2025, compared to 3.25% in the second quarter of 2024.
    • The Company recorded an $800,000 provision for credit losses in the second quarter of 2025, compared to a $432,000 provision for credit losses in the second quarter of 2024.
    • Net loans increased 21.6% to $1.194 billion at June 30, 2025, compared to $982.3 million at June 30, 2024.
    • Nonperforming loans represented 0.03% of total loans at June 30, 2025, compared to 0.00% a year ago.
    • Total deposits increased $235.3 million, or 23.2%, year-over-year, to $1.249 billion at June 30, 2025, compared to $1.014 billion at June 30, 2024.
    • Core deposits (demand and non-interest-bearing, savings and interest-bearing transaction accounts, CDs under $250,000 and CDARs reciprocal deposits) represented 70.10% of total deposits at June 30, 2025.
    • Tangible book value per common share was $41.17 at June 30, 2025, compared to $37.00 a year ago.

    Income Statement

    In the second quarter of 2025, the Company generated a return on average assets of 0.94% and a return on average equity of 12.62%, compared to 0.79% and 10.64%, respectively, in the first quarter of 2025 and 0.63% and 8.26%, respectively, in the second quarter of 2024.

    “Our second quarter net interest margin expanded by 17 basis points from the previous quarter and 31 basis points year-over-year, driven by loan growth and increased yields on our interest-earning assets,” said Brant Ward, President. NIM was 3.56% in the second quarter of 2025, compared to 3.39% in the first quarter of 2025, and 3.25% in the second quarter of 2024. In the first six months of 2025, NIM expanded 37 basis points to 3.48%, compared to 3.11% in the first six months of 2024.

    Net interest income increased 31.7% to $11.9 million in the second quarter of 2025, compared to $9.0 million in the second quarter of 2024. The increase was primarily due to year-over-year loan growth. Total interest income increased 24.8% to $21.2 million in the second quarter of 2025, compared to $17.0 million in the second quarter of 2024, primarily attributable to the increase in loans. Total interest expense increased to $9.3 million in the second quarter of 2025, from $8.0 million in the second quarter of 2024, primarily due to an increase in deposit costs. In the first six months of 2025, net interest income increased 31.9% to $22.5 million, compared to $17.1 million in the first six months of 2024.

    Noninterest income increased 7.9% to $2.1 million in the second quarter of 2025, compared to $1.9 million in the second quarter of 2024. The increase was primarily due to an increase in secondary market fee income, which more than offset the decrease in wealth management fee income during the second quarter of 2025. In the first six months of 2025, noninterest income increased 14.5% to $4.0 million, compared to $3.5 million in the first six months of 2024.

    Noninterest expense was $8.9 million in the second quarter of 2025, compared to $8.1 million in the second quarter of 2024, as expenses have normalized following the investment in expanding the Company’s market presence over the past few years. In the first six months of the year, noninterest expense increased 6.0% to $17.4 million, compared to $16.4 million in the first six months of 2024.

    Balance Sheet

    Total assets increased 18.4% to $1.434 billion at June 30, 2025, from $1.211 billion at June 30, 2024, and increased 4.0% compared to $1.379 billion at March 31, 2025. Cash and cash equivalents totaled $25.6 million at June 30, 2025, compared to $49.5 million a year ago. Investment securities totaled $140.5 million at June 30, 2025, an increase from $115.5 million at June 30, 2024.

    Loans, net of allowance for credit losses, increased 21.6% to $1.194 billion at June 30, 2025, compared to $982.3 million at June 30, 2024, and increased 5.9% compared to $1.128 billion at March 31, 2025.

    Total deposits increased 23.2% to $1.249 billion at June 30, 2025, compared to $1.014 billion at June 30, 2024, and increased 4.0% compared to $1.201 billion at March 31, 2025. Demand and non-interest-bearing deposits decreased less than 1% compared to June 30, 2024, while savings and interest-bearing transaction accounts increased 37.6% compared to June 30, 2024.

    FHLB advances were $21.5 million at June 30, 2025, compared to $54.3 million at June 30, 2024, and $21.6 million at March 31, 2025. Total stockholders’ equity increased to $102.5 million at June 30, 2025, compared to $92.0 million at June 30, 2024, and $100.5 million at March 31, 2025. Tangible book value per common share was $41.17 at June 30, 2025, compared to $37.00 at June 30, 2024, and $40.33 at March 31, 2025.

    Credit Quality

    Due to strong quarterly loan growth, the Company recorded an $800,000 provision for credit losses in the second quarter of 2025. This is compared to a $670,000 provision for credit losses in the first quarter of 2025, and a $432,000 provision for credit losses in the second quarter of 2024.

    There were $365,000 in nonperforming loans at June 30, 2025. This compared to $420,000 in nonperforming loans at March 31, 2025, and $32,000 in nonperforming loans at June 30, 2024. Nonperforming loans represented 0.03% of total loans on June 30, 2025, 0.04% of total loans on March 31, 2025, and 0.00% of total loans a year ago.

    “We remain conservative in building our credit loss reserves, continually reviewing our loan mix, assessing growth trends, and factoring in both regional and national economic conditions to ensure our allowance remains appropriately calibrated,” said Jeff Maland, Chief Risk Officer. The allowance for credit losses was $14.0 million, or 1.16% of total loans, at June 30, 2025, compared to $13.3 million, or 1.17% of total loans, at March 31, 2025, and $12.4 million, or 1.25% of total loans, at June 30, 2024.

    Net loan recoveries were $11,000 in the second quarter of 2025. This compared to net loan charge-offs of $137,000 in the first quarter of 2025, and net loan charge-offs of $111,000 in the second quarter of 2024.

    Capital

    The Bank’s capital ratios continued to exceed regulatory “well-capitalized” requirements, with a Total risk-based capital ratio estimate of 11.69%, a Tier 1 ratio of 10.44%, and a Leverage ratio of 9.12% for the Bank at June 30, 2025.

    About White River Bancshares Company

    White River Bancshares Company is the single bank holding company for Signature Bank of Arkansas, headquartered in Fayetteville, Arkansas. The Bank has locations in Fayetteville, Springdale, Bentonville, Rogers, Brinkley, Harrison and Jonesboro, Arkansas. Founded in 2005, Signature Bank of Arkansas provides a full line of financial services to small businesses, families and farms. White River Bancshares Company (OTCQX: WRIV), trades on the OTCQX® Best Market.  

    In the second quarter of 2025, the Signature Bank celebrated its 20-year anniversary of service to its Arkansas communities. In tandem with the celebration, the organization updated its mission statement:
    We are committed to being a trusted local bank for business owners, individuals, and families who seek personalized service from people they know. Our mission is to empower our customers to strengthen their connections through every interaction, ensuring that their dollars are reinvested locally to support the growth and prosperity of the community we share. We have a passion for preserving the traditions of community banking as we embrace the power of technology.

    About the Region

    White River Bancshares Company is headquartered in thriving Northwest Arkansas in the Fayetteville-Springdale-Rogers MSA. The region is home to the corporate headquarters for Walmart Stores Inc, Sam’s Club, Tyson Foods, Simmons Foods, and J.B. Hunt Transport. Hundreds of other market-leading companies including Procter & Gamble, Johnson & Johnson, Coca-Cola and Rubbermaid maintain offices in the region in order to maintain their relationships with the locally based Fortune 500 companies. Northwest Arkansas is also home to the state’s flagship public educational institution, The University of Arkansas, and its Sam M. Walton College of Business. The region has seen significant growth in its medical and arts infrastructures with the continued expansion of Washington Regional Medical System, Northwest Medical System, Mercy Health System of Northwest Arkansas and Arkansas Children’s Hospital Northwest. Crystal Bridges Museum of American Art and the Walton Arts Center have led the expansion of the arts. Northwest Arkansas has been repeatedly recognized in recent years as one of the best places to live in the country and remains one of the nation’s fastest-growing regions. In May 2024, Walmart issued a relocation mandate requiring most of its remote employees, as well as most of its office workers in Dallas, Atlanta and Toronto to move to, in most cases, Bentonville by November 1, 2024. While the company did not disclose a number, Bloomberg reported that the number of Walmart employees who would be moving to Bentonville would be in the thousands. Walmart is making a major investment in its hometown facilities, building a new, 350-acre headquarters campus, including walking and biking trails, a hotel, fitness facilities and a large childcare center.

    The Company has expanded eastward, with new markets in Jonesboro and Harrison. Jonesboro, located in Craighead County, is a city located on Crowley’s Ridge in the northeastern corner of Arkansas. It is the home of Arkansas State University and the cultural and economic center of Northeast Arkansas. Jonesboro also houses the region’s hospital network. U.S. Steel Corp. announced that it would locate a new $3 billion steel factory in Northeast Arkansas in Osceola, a move expected to create 900 jobs with an average pay over $100,000 annually, making it the largest capital investment project in Arkansas history. Harrison sits below Branson, Missouri, which is a family tourist destination and outdoor recreation, and is well known as an entertainment destination.

    The Company currently operates out of ten locations; three in Washington County; three in Benton County; two in Monroe County; one in Boone County; and one in Craighead County.

    The housing market in Washington and Benton counties remains robust. According to the Northwest Arkansas Board of Realtors, the average home in Washington County sold for $429,000 in May 2025, with an average of 97 days on the market. For Benton County, the average house sold for $461,000, with an average of 92 days on the market.

    Source:
    http://www.nwarealtors.org/market-statistics/

    Forward Looking Statements

    This press release contains statements about future events. These forward-looking statements, which are based on certain assumptions of management of the Company and the Bank and describe our future plans, strategies and expectations, can generally be identified by use of forward-looking terminology such as “may,” “will,” “believe,” “plan,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions or the negative of those terms. Our ability to predict results of future events and the actual effect of future plans or strategies are inherently uncertain, and actual results may differ materially from those predicted in such forward-looking statements. Factors that could have a material adverse effect on our operations and future prospects or that could affect the outcome of such forward-looking statements include, but are not limited to, changes in interest rates; the economic health of the local real estate market; general economic conditions; credit deterioration in our loan portfolio that would cause us to increase our allowance for loan losses; legislative or regulatory changes; technological developments; monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board; the quality or composition of our loan and securities portfolios; demand for loan products in our market areas; deposit flows and costs of capital; competition; retention and recruitment of qualified personnel; demand for financial services in our market areas; and changes in accounting principles, policies, and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically declines any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

    Contact: Scott Sandlin, Chief Strategy Officer
      479-684-3754
       
    WHITE RIVER BANCSHARES COMPANY
    CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
                   
        For the Three Months Ended  
        June 30,   March 31,   June 30,  
          2025     2025     2024  
                   
    INTEREST INCOME              
    Loans, including fees   $ 19,611,698   $ 18,315,006   $ 15,763,452  
    Investment securities     1,431,773     1,258,571     1,083,415  
    Federal funds sold and other     175,917     232,978     162,250  
    Total interest income     21,219,388     19,806,555     17,009,117  
                   
    INTEREST EXPENSE              
    Deposits     8,538,199     8,312,455     7,106,512  
    Federal Home Loan Bank advances     296,860     393,057     448,263  
    Notes payable     477,735     475,425     398,017  
    Federal funds purchased and other     7,113     13,022     21,787  
    Total interest expense     9,319,907     9,193,959     7,974,579  
    NET INTEREST INCOME     11,899,481     10,612,596     9,034,538  
    Provision for credit losses     800,000     670,000     432,000  
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES     11,099,481     9,942,596     8,602,538  
                   
    NON-INTEREST INCOME              
    Service charges and fees on deposits     162,185     171,186     154,816  
    Wealth management fee income     994,100     1,017,829     1,065,553  
    Secondary market fee income     223,956     128,824     113,926  
    Bank owned-life insurance income     82,190     80,603     80,478  
    Gain on sales and write-downs of foreclosed assets     15,475     –     326  
    Other     616,667     544,141     527,064  
    TOTAL NON-INTEREST INCOME     2,094,573     1,942,583     1,942,163  
                   
    NON-INTEREST EXPENSE              
    Salaries and benefits     5,185,716     4,931,692     4,784,556  
    Occupancy and equipment     1,189,886     1,145,101     936,818  
    Data processing     857,198     858,115     704,080  
    Marketing and business development     609,549     397,137     473,618  
    Professional services     699,968     650,708     617,890  
    Amortization of other intangible assets     53,037     53,036     53,037  
    Other     326,224     393,498     494,203  
    TOTAL NON-INTEREST EXPENSE     8,921,578     8,429,287     8,064,202  
                   
    Income before income taxes     4,272,476     3,455,892     2,480,499  
    Income tax provision     974,775     826,085     631,462  
    NET INCOME   $ 3,297,701   $ 2,629,807   $ 1,849,037  
                   
    EARNINGS PER SHARE              
    Basic (1)   $ 1.35   $ 1.07   $ 0.81  
    Diluted (1)   $ 1.34   $ 1.07   $ 0.81  
                   
    (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
           
    WHITE RIVER BANCSHARES COMPANY  
    CONSOLIDATED STATEMENTS OF INCOME  
    (Unaudited)  
                 
          Six Months Ended  
          June 30,  
          2025   2024  
                 
    INTEREST INCOME            
    Loans, including fees     $ 37,926,704   $ 30,758,374  
    Investment securities       2,690,344     2,012,455  
    Federal funds sold and other       408,895     258,404  
    Total Interest Income       41,025,943     33,029,233  
                 
    INTEREST EXPENSE            
    Deposits       16,850,654     14,091,305  
    Federal Home Loan Bank advances       689,917     968,582  
    Notes payable       953,160     796,034  
    Federal funds purchased and other       20,135     100,047  
    Total interest expense       18,513,866     15,955,968  
    NET INTEREST INCOME       22,512,077     17,073,265  
    Provision for credit losses       1,470,000     1,080,000  
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES       21,042,077     15,993,265  
                 
    NON-INTEREST INCOME            
    Service charges and fees on deposits       333,371     305,165  
    Wealth management fee income       2,011,929     1,911,059  
    Secondary market fee income       352,780     170,990  
    Bank owned life insurance income       162,793     160,359  
    Gain on sales and write-downs of foreclosed assets       15,475     1,376  
    Other       1,160,808     976,319  
    TOTAL NON-INTEREST INCOME       4,037,156     3,525,268  
                 
    NON-INTEREST EXPENSE            
    Salaries and benefits       10,117,408     9,784,089  
    Occupancy and equipment       2,334,987     1,864,942  
    Data processing       1,715,313     1,494,649  
    Marketing and business development       1,006,686     937,315  
    Professional services       1,350,676     1,287,757  
    Amortization of intangible asset       106,073     106,073  
    Other       719,722     898,039  
    TOTAL NON-INTEREST EXPENSE       17,350,865     16,372,864  
                 
    Income before income taxes       7,728,368     3,145,669  
    Income tax provision       1,800,860     787,404  
    NET INCOME     $ 5,927,508   $ 2,358,265  
                 
    EARNINGS PER SHARE            
    Basic (1)     $ 2.42   $ 1.11  
    Diluted (1)     $ 2.42   $ 1.11  
                 
      (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
                 
    WHITE RIVER BANCSHARES COMPANY  
    CONSOLIDATED BALANCE SHEETS  
    (Unaudited)  
                   
        June 30, 2025   March 31, 2025   June 30, 2024  
                   
    ASSETS                      
    Cash and cash equivalents   $ 25,604,276     $ 48,360,156     $ 49,495,763    
    Investment securities     140,544,711       134,968,153       115,526,915    
    Loans held for sale     2,442,642       874,009       997,907    
    Loans     1,208,102,220       1,141,369,199       994,754,063    
    Allowance for credit losses     (14,033,740 )     (13,347,855 )     (12,434,130 )  
    Net loans     1,194,068,480       1,128,021,344       982,319,933    
    Premises and equipment, net     37,411,490       35,647,835       30,442,837    
    Foreclosed assets held for sale     –       310,406       777,606    
    Accrued interest receivable     7,024,823       6,629,881       5,433,391    
    Bank owned life insurance     9,942,100       9,859,911       9,614,851    
    Deferred income taxes     4,522,795       4,220,559       4,788,942    
    Other investments     7,925,019       6,782,614       8,094,125    
    Intangible assets, net     1,697,167       1,750,204       1,909,313    
    Other assets     2,783,012       1,825,830       1,733,790    
    TOTAL ASSETS   $ 1,433,966,515     $ 1,379,250,902     $ 1,211,135,373    
                   
    LIABILITIES & STOCKHOLDERS’ EQUITY                      
    Deposits:              
    Demand and non-interest-bearing   $ 233,078,431     $ 231,331,391     $ 233,230,007    
    Savings and interest-bearing transaction accounts     479,532,136       456,733,576       348,391,562    
    Time deposits     536,591,123       512,882,444       432,248,979    
    Total deposits     1,249,201,690       1,200,947,411       1,013,870,548    
    Federal Home Loan Bank advances     21,518,084       21,593,143       54,314,495    
    Notes payable     26,159,110       26,141,832       26,090,002    
    Operating lease liability     21,918,414       20,029,714       15,930,503    
    Reserve for losses on unfunded commitments     1,603,000       1,478,000       1,433,000    
    Accrued interest payable     2,636,403       2,731,699       2,714,687    
    Other liabilities     8,433,777       5,798,159       4,745,292    
    TOTAL LIABILITIES     1,331,470,478       1,278,719,958       1,119,098,527    
                   
    Stockholders’ equity:              
    Common stock (1)     24,876       24,882       24,698    
    Surplus (1)     102,893,483       102,784,831       102,457,705    
    Retained earnings (accumulated deficit)     6,787,654       4,714,375       (2,484,500 )  
    Treasury stock, at cost     (1,284,359 )     (1,265,731 )     (1,132,905 )  
    Accumulated other comprehensive loss     (5,925,617 )     (5,727,413 )     (6,828,152 )  
    TOTAL STOCKHOLDERS’ EQUITY     102,496,037       100,530,944       92,036,846    
                   
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 1,433,966,515     $ 1,379,250,902     $ 1,211,135,373    
                   
    (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
                   
    WHITE RIVER BANCSHARES COMPANY
    SUPPLEMENTAL INFORMATION
                   
        (Unaudited)  
        Three Months Ended  
        June 30,   March 31,   June 30,  
                   
    FOR THE PERIOD              
    Net income   $ 3,297,701     $ 2,629,807     $ 1,849,037    
    Net income before taxes     4,272,476       3,455,892       2,480,499    
    Dividends declared per share (1)     0.50       –       0.50    
                   
                   
    PERIOD END BALANCE              
    Total assets   $ 1,433,966,515     $ 1,379,250,902     $ 1,211,135,373    
    Total investments     140,544,711       134,968,153       115,526,915    
    Total loans, net     1,194,068,480       1,128,021,344       982,319,933    
    Allowance for credit losses     (14,033,740 )     (13,347,855 )     (12,434,131 )  
    Total deposits     1,249,201,690       1,200,947,411       1,013,870,548    
    Stockholders’ equity     102,496,037       100,530,944       92,036,846    
                   
                   
    RATIO ANALYSIS              
    Return on average assets (annualized)     0.94 %     0.79 %     0.63 %  
    Return on average equity (annualized)     12.62 %     10.64 %     8.26 %  
    Net loans/Deposits     95.59 %     93.93 %     96.89 %  
    Total Stockholders’ Equity/Total assets     7.15 %     7.29 %     7.60 %  
    Net loan losses/Total loans     -0.00 %     0.01 %     0.01 %  
    Uninsured & unpledged deposits     32.37 %     31.00 %     31.21 %  
                   
                   
    PER SHARE DATA              
    Shares outstanding (1)     2,448,246       2,449,317       2,435,700    
    Weighted average shares outstanding (1)     2,448,734       2,446,747       2,291,316    
    Diluted weighted average shares outstanding (1)     2,454,485       2,451,161       2,291,316    
    Basic earnings (1)   $ 1.35     $ 1.07     $ 0.81    
    Diluted earnings (1)     1.34       1.07       0.81    
    Book value (1)     41.87       41.04       37.79    
    Tangible book value (1)     41.17       40.33       37.00    
                   
                   
    ASSET QUALITY              
    Net (recoveries) charge-offs   $ (10,889 )   $ 136,970     $ 110,968    
    Classified assets     402,406       853,745       1,090,758    
    Nonperforming loans     364,853       419,985       32,054    
    Nonperforming assets     364,853       730,391       809,660    
    Total nonperforming loans/Total loans     0.03 %     0.04 %     0.00 %  
    Total nonperforming loans/Total assets     0.03 %     0.03 %     0.00 %  
    Total nonperforming assets/Total assets     0.03 %     0.05 %     0.07 %  
    Allowance for credit losses/Total loans     1.16 %     1.17 %     1.25 %  
                   
                   
    (1 ) Prior periods adjusted to give effect to stock split effected in the form of a dividend on September 4, 2024.  
                   
    WHITE RIVER BANCSHARES COMPANY  
    INTEREST INCOME AND EXPENSE  
    (Unaudited)  
                                           
        Three Months Ended  
        June 30,   March 31,   June 30,  
          2025       2025       2024    
        Average       Average   Average       Average   Average       Average  
        Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate  
                                           
    Interest-earning assets:                                      
    Federal funds sold and other   $ 15,102,485   $ 175,917   4.67 %   $ 23,287,989   $ 232,978   4.06 %   $ 11,798,448   $ 162,250   5.53 %  
    Investment securities available-for-sale (1)     138,229,178     1,289,470   3.74 %     133,405,472     1,208,821   3.67 %     114,427,481     941,900   3.31 %  
    Loans receivable     1,169,591,045     19,611,698   6.73 %     1,106,648,533     18,315,006   6.71 %     973,396,880     15,763,452   6.51 %  
    Total interest-earning assets     1,322,922,708   $ 21,077,085   6.39 %     1,263,341,994   $ 19,756,805   6.34 %     1,099,622,809   $ 16,867,602   6.17 %  
    Noninterest-earning assets     81,927,528             81,821,189             74,503,352          
    Total assets   $ 1,404,850,236           $ 1,345,163,183           $ 1,174,126,161          
    Interest-bearing liabilities:                                      
    Interest-bearing deposits   $ 985,435,006   $ 8,538,199   3.48 %   $ 937,669,969   $ 8,312,455   3.60 %   $ 770,303,642   $ 7,106,512   3.71 %  
    FHLB advances and federal funds purchased     26,552,308     303,973   4.59 %     36,654,930     406,079   4.49 %     40,440,625     470,050   4.67 %  
    Notes payable     26,150,819     477,735   7.33 %     26,131,761     475,425   7.38 %     25,506,601     398,017   6.28 %  
    Total interest-bearing liabilities     1,038,138,133   $ 9,319,907   3.60 %     1,000,456,660   $ 9,193,959   3.73 %     836,250,868   $ 7,974,579   3.84 %  
    Noninterest-bearing liabilities     261,876,451             244,466,979             247,820,333          
    Total liabilities     1,300,014,584             1,244,923,639             1,084,071,201          
    Stockholders’ equity     104,835,652             100,239,544             90,054,960          
    Total liabilities and stockholders’ equity   $ 1,404,850,236           $ 1,345,163,183           $ 1,174,126,161          
    Net interest-earning assets   $ 284,784,575           $ 262,885,334           $ 263,371,941          
    Net interest spread       $ 11,757,178   2.79 %       $ 10,562,846   2.61 %       $ 8,893,023   2.33 %  
    Net interest margin           3.56 %           3.39 %           3.25 %  
                                           
    (1 ) Excludes investments in bank stock (Federal Reserve Bank, Federal Home Loan Bank, and First National Bankers Bankshares).      
                                           
    WHITE RIVER BANCSHARES COMPANY  
    INTEREST INCOME AND EXPENSE  
    (Unaudited)  
                               
        Six Months Ended June 30,  
          2025       2024    
        Average       Average   Average       Average  
        Balance   Interest   Yield/Rate   Balance   Interest   Yield/Rate  
                               
    Interest-earning assets:                          
    Federal funds sold and other   $ 19,172,625   $ 408,895   4.30 %   $ 10,071,062   $ 258,404   5.16 %  
    Investment securities available-for-sale (1)     135,830,651     2,498,291   3.71 %     114,434,010     1,842,786   3.24 %  
    Loans receivable     1,138,293,665     37,926,704   6.72 %     967,102,566     30,758,374   6.40 %  
    Total interest-earning assets     1,293,296,941   $ 40,833,890   6.37 %     1,091,607,638   $ 32,859,564   6.05 %  
    Noninterest-earning assets     81,874,656             72,612,145          
    Total assets   $ 1,375,171,597           $ 1,164,219,783          
    Interest-bearing liabilities:                          
    Interest-bearing deposits   $ 961,684,434   $ 16,850,654   3.53 %   $ 766,601,621   $ 14,091,305   3.70 %  
    FHLB advances and federal funds purchased     31,575,711     710,052   4.53 %     45,594,923     1,068,629   4.71 %  
    Notes payable     26,141,343     953,160   7.35 %     25,500,463     796,034   6.28 %  
    Total interest-bearing liabilities     1,019,401,488   $ 18,513,866   3.66 %     837,697,007   $ 15,955,968   3.83 %  
    Noninterest-bearing liabilities     253,207,317             240,831,655          
    Total liabilities     1,272,608,805             1,078,528,662          
    Stockholders’ equity     102,562,792             85,691,121          
    Total liabilities and stockholders’ equity   $ 1,375,171,597           $ 1,164,219,783          
    Net interest-earning assets   $ 273,895,453           $ 253,910,631          
    Net interest spread       $ 22,320,024   2.70 %       $ 16,903,596   2.22 %  
    Net interest margin           3.48 %           3.11 %  
                               
    (1 )   Excludes investments in bank stock (Federal Reserve Bank, Federal Home Loan Bank, and First National Bankers Bankshares).
                               

    The MIL Network –

  • MIL-OSI: Plastno Expands Eco-Friendly Cleaning Product Line and Launches AI-Powered Cleaning Assistant App

    Source: GlobeNewswire (MIL-OSI)

    New York, July 15, 2025 (GLOBE NEWSWIRE) — Plastno, a growing leader in sustainable home products, has announced a major expansion of its cleaning product line alongside the debut of Plastnofy, an AI-powered house cleaning app. This dual development reinforces the company’s mission to help households reduce plastic waste by cleaning sustainably, while being safe, effective, and affordable.

    Plastno’s zero waste cleaning kit features compostable bags, cleaning refills, sponge towels, and biodegradable sponges.

    Initially recognized for their compostable and biodegradable garbage bags, Plastno has since expanded its lineup to include sponge towels, biodegradable sponges, reusable spray bottles, and dissolvable cleaning refills. These additions further support a zero-waste cleaning approach for everyday consumers who want to reduce their environmental impact without sacrificing cleanliness or convenience.

    Plastno’s cleaning supplies are available through a convenient cleaning product subscription model. Customers can choose to receive eco-friendly items on a recurring schedule, helping them stay stocked while minimizing excess packaging and unnecessary store trips.

    “With the addition of products like soaked sponge refills and plastic-free packaging, we’re helping customers take a smarter, long-term approach to cleaning,” said Julian Silva, spokesperson for Plastno. “These new items are part of a complete system designed to reduce waste while supporting healthier home environments”.

    In addition to expanding its product range, Plastno has launched Plastnofy, the first AI-powered house cleaning app focused on sustainable practices. Plastnofy uses visual task management and smart reminders to help users plan and carry out household chores more effectively. It can track supply levels and recommend eco-conscious routines.

    “Plastnofy is more than just a digital checklist. It’s a practical guide that helps people clean more efficiently while using fewer resources,” Silva added. “Families and individuals alike can benefit from the structure and support it provides.”

    The app is especially useful for customers looking to streamline their routine while staying committed to environmentally friendly choices. Its recommendations are designed to work hand-in-hand with Plastno’s product ecosystem, from compostable trash bags and biodegradable sponges to cleaning refills and reusable bottles.

    As more consumers seek out zero-waste cleaning products and sustainable home solutions, Plastno aims to meet that demand with innovation, accessibility, and a strong commitment to environmental responsibility. The company continues to build tools that encourage thoughtful, consistent cleaning practices rooted in simplicity and long-term impact.

    For additional details about Plastno’s expanded product line, visit https://plastno.com. To learn more about the Plastnofy cleaning assistant app, visit https://plastnofy.com.

    The MIL Network –

  • MIL-OSI: Plastno Expands Eco-Friendly Cleaning Product Line and Launches AI-Powered Cleaning Assistant App

    Source: GlobeNewswire (MIL-OSI)

    New York, July 15, 2025 (GLOBE NEWSWIRE) — Plastno, a growing leader in sustainable home products, has announced a major expansion of its cleaning product line alongside the debut of Plastnofy, an AI-powered house cleaning app. This dual development reinforces the company’s mission to help households reduce plastic waste by cleaning sustainably, while being safe, effective, and affordable.

    Plastno’s zero waste cleaning kit features compostable bags, cleaning refills, sponge towels, and biodegradable sponges.

    Initially recognized for their compostable and biodegradable garbage bags, Plastno has since expanded its lineup to include sponge towels, biodegradable sponges, reusable spray bottles, and dissolvable cleaning refills. These additions further support a zero-waste cleaning approach for everyday consumers who want to reduce their environmental impact without sacrificing cleanliness or convenience.

    Plastno’s cleaning supplies are available through a convenient cleaning product subscription model. Customers can choose to receive eco-friendly items on a recurring schedule, helping them stay stocked while minimizing excess packaging and unnecessary store trips.

    “With the addition of products like soaked sponge refills and plastic-free packaging, we’re helping customers take a smarter, long-term approach to cleaning,” said Julian Silva, spokesperson for Plastno. “These new items are part of a complete system designed to reduce waste while supporting healthier home environments”.

    In addition to expanding its product range, Plastno has launched Plastnofy, the first AI-powered house cleaning app focused on sustainable practices. Plastnofy uses visual task management and smart reminders to help users plan and carry out household chores more effectively. It can track supply levels and recommend eco-conscious routines.

    “Plastnofy is more than just a digital checklist. It’s a practical guide that helps people clean more efficiently while using fewer resources,” Silva added. “Families and individuals alike can benefit from the structure and support it provides.”

    The app is especially useful for customers looking to streamline their routine while staying committed to environmentally friendly choices. Its recommendations are designed to work hand-in-hand with Plastno’s product ecosystem, from compostable trash bags and biodegradable sponges to cleaning refills and reusable bottles.

    As more consumers seek out zero-waste cleaning products and sustainable home solutions, Plastno aims to meet that demand with innovation, accessibility, and a strong commitment to environmental responsibility. The company continues to build tools that encourage thoughtful, consistent cleaning practices rooted in simplicity and long-term impact.

    For additional details about Plastno’s expanded product line, visit https://plastno.com. To learn more about the Plastnofy cleaning assistant app, visit https://plastnofy.com.

    The MIL Network –