Primis Financial 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	200.44	199.94	172.79	115.08	106.92
Interest Income on Investments	-	11.03	19.83	8.21	6.22
Total Interest Income	200.44	210.97	192.62	123.29	113.14
Interest Paid on Deposits	89.01	95.66	83.69	13.28	13.11
Interest Paid on Borrowings	-	11.09	10.22	8.31	5.93
Total Interest Expense	89.01	106.75	93.91	21.59	19.04
Net Interest Income	111.43	104.22	98.71	101.7	94.1
Net Interest Income Growth (YoY)	6.91%	5.58%	-2.94%	8.07%	2.78%
Mortgage Banking Activities	32.39	23.92	17.65	5.05	-
Gain (Loss) on Sale of Assets	82.72	5.59	-0.29	4.03	-
Gain (Loss) on Sale of Investments	-14.62	-	-	-	-
Other Non-Interest Income	4.07	8.31	21.69	2.84	3.26
Total Non-Interest Income	112.16	43.6	44.77	17.67	10.57
Non-Interest Income Growth (YoY)	157.23%	-2.61%	153.42%	67.23%	-27.94%
Revenues Before Loan Losses	223.59	147.83	143.49	119.37	104.67
Provision for Loan Losses	12.29	50.62	32.54	11.27	-5.8
Revenue	211.3	97.2	110.95	108.1	110.47
Revenue Growth (YoY)	117.38%	-12.38%	2.63%	-2.15%	27.32%
Salaries and Employee Benefits	79.06	65.68	58.05	48.61	35.99
Occupancy Expenses	14.35	-	-	-	-
Amortization of Goodwill & Intangibles	0.6	3.3	4.58	1.43	1.44
Selling, General & Administrative	24.98	37.85	30.84	26.55	23.16
Other Non-Interest Expense	19.75	19.28	17.5	14.17	10.89
Total Non-Interest Expense	138.74	126.11	110.97	90.76	71.48
EBT Excluding Unusual Items	72.55	-28.9	-0.03	17.33	38.99
Other Unusual Items	-	-	-	-	0.57
Pretax Income	72.55	-28.9	-11.18	17.33	39.57
Income Tax Expense	14.71	-4.24	-1.07	3.19	8.68
Earnings From Continuing Operations	57.84	-24.67	-10.11	14.15	30.88
Earnings From Discontinued Operations	-	-	-	-	0.23
Minority Interest in Earnings	3.6	8.46	2.28	-	-
Net Income	61.44	-16.21	-7.83	14.15	31.11
Net Income to Common	61.44	-16.21	-7.83	14.15	31.11
Net Income Growth	-	-	-	-54.53%	35.40%
Basic Shares Outstanding	25	25	25	25	24
Diluted Shares Outstanding	25	25	25	25	25
Shares Change (YoY)	-0.02%	0.20%	-0.12%	0.28%	0.98%
EPS (Basic)	2.49	-0.66	-0.32	0.58	1.27
EPS (Diluted)	2.49	-0.66	-0.32	0.57	1.27
EPS Growth	-	-	-	-55.10%	34.34%
Dividend Per Share	0.400	0.400	0.400	0.400	0.400
Effective Tax Rate	20.28%	-	-	18.38%	21.95%

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