FRA:4QR 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	55.43	55.24	54.18	43.04	35.15
Interest Income on Investments	5.39	5.52	6.19	6.22	2.58
Total Interest Income	60.81	60.75	60.38	49.26	37.73
Interest Paid on Deposits	11.31	9.58	6.76	2.82	1.9
Interest Paid on Borrowings	0.73	4.32	4.3	0.38	0.18
Total Interest Expense	12.04	13.9	11.06	3.2	2.08
Net Interest Income	48.77	46.85	49.32	46.06	35.65
Net Interest Income Growth (YoY)	4.10%	-5.01%	7.07%	29.20%	10.45%
Gain (Loss) on Sale of Assets	-	0.01	-	-0.01	0.01
Gain (Loss) on Sale of Investments	-	-	-	-0.4	-0.11
Other Non-Interest Income	5.09	4.7	5.57	2.25	3.48
Total Non-Interest Income	5.09	4.71	5.57	1.84	3.39
Non-Interest Income Growth (YoY)	7.91%	-15.37%	202.99%	-45.70%	-30.41%
Revenues Before Loan Losses	53.86	51.56	54.89	47.9	39.04
Provision for Loan Losses	5.57	2.96	1.46	1.8	2.11
Revenue	48.28	48.6	53.43	46.1	36.93
Revenue Growth (YoY)	-0.65%	-9.04%	15.90%	24.83%	7.44%
Salaries and Employee Benefits	15.56	13.19	12.68	11.47	11.48
Occupancy Expenses	-	3.69	3.74	1.3	3.54
Federal Deposit Insurance	0.7	0.7	0.73	0.79	0.74
Selling, General & Administrative	7.91	7.51	6.07	7.73	4.76
Other Non-Interest Expense	6.75	3.2	2.74	2.65	2.84
Total Non-Interest Expense	30.91	28.28	25.95	24.04	23.62
EBT Excluding Unusual Items	17.37	20.32	27.48	22.06	13.31
Pretax Income	16.7	20.32	27.48	22.06	13.31
Income Tax Expense	4.41	5.54	7.68	6.37	3.22
Net Income	12.29	14.78	19.8	15.69	10.1
Net Income to Common	12.29	14.78	19.8	15.69	10.1
Net Income Growth	-16.88%	-25.32%	26.20%	55.34%	12.69%
Basic Shares Outstanding	17	17	17	17	17
Diluted Shares Outstanding	17	17	17	17	17
Shares Change (YoY)	0.27%	0.44%	0.37%	0.18%	0.19%
EPS (Basic)	0.71	0.86	1.16	0.92	0.59
EPS (Diluted)	0.70	0.86	1.16	0.92	0.59
EPS Growth	-18.61%	-25.65%	25.73%	55.93%	11.78%
Dividend Per Share	0.480	0.480	0.460	0.440	0.440
Dividend Growth	-	4.35%	4.54%	-	-
Effective Tax Rate	26.40%	27.25%	27.95%	28.89%	24.15%

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