FRA:489 Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	105.38	98.9	91.17	77.26	74.2
Interest Income on Investments	13.24	10.93	9.95	8.66	5.65
Total Interest Income	118.62	109.83	101.12	85.93	79.85
Interest Paid on Deposits	42.51	42.24	26.65	5.35	5.51
Interest Paid on Borrowings	6.01	7.78	6.56	1.34	1.16
Total Interest Expense	48.52	50.02	33.21	6.7	6.67
Net Interest Income	70.1	59.82	67.91	79.23	73.18
Net Interest Income Growth (YoY)	17.19%	-11.92%	-14.29%	8.27%	13.58%
Gain (Loss) on Sale of Assets	-	-0.01	-0	-	-
Gain (Loss) on Sale of Investments	0.28	1.3	0.59	-0.3	0.66
Other Non-Interest Income	12.23	11.37	10.68	10.82	9.93
Total Non-Interest Income	12.52	12.9	11.26	10.53	12.01
Non-Interest Income Growth (YoY)	-3.00%	14.57%	7.00%	-12.36%	29.81%
Revenues Before Loan Losses	82.61	72.72	79.17	89.76	85.19
Provision for Loan Losses	0.34	-0.67	0.87	0.7	-0.93
Revenue	82.28	73.39	78.3	89.06	86.11
Revenue Growth (YoY)	12.12%	-6.28%	-12.08%	3.42%	30.66%
Salaries and Employee Benefits	35.83	30.65	30.24	30.94	30.2
Federal Deposit Insurance	1.6	1.46	1.32	1.05	1
Selling, General & Administrative	17.04	18.48	18.54	17.74	15.11
Other Non-Interest Expense	8.02	7.85	8.26	7.51	8.59
Total Non-Interest Expense	62.49	58.43	58.35	57.24	54.9
EBT Excluding Unusual Items	19.79	14.96	19.95	31.82	31.21
Other Unusual Items	-	-	-1.14	2.81	-0.05
Pretax Income	19.79	14.96	19.58	34.63	31.72
Income Tax Expense	4.52	3.29	4.52	8.74	8.03
Net Income	15.27	11.67	15.07	25.89	23.7
Net Income to Common	15.27	11.67	15.07	25.89	23.7
Net Income Growth	30.89%	-22.58%	-41.79%	9.23%	111.32%
Basic Shares Outstanding	20	21	22	22	23
Diluted Shares Outstanding	20	21	22	22	23
Shares Change (YoY)	-3.31%	-2.75%	-1.49%	-5.85%	-7.03%
EPS (Basic)	0.76	0.56	0.70	1.18	1.02
EPS (Diluted)	0.75	0.56	0.70	1.18	1.02
EPS Growth	34.36%	-20.22%	-40.71%	15.69%	127.80%
Dividend Per Share	0.280	0.280	0.280	0.250	0.200
Dividend Growth	-	-	12.00%	25.00%	-
Effective Tax Rate	22.84%	22.00%	23.06%	25.25%	25.30%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.