Amalgamated Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	236.91	215.38	191.3	145.65	123.32	141.98
Interest Income on Investments	180.05	185.92	166.78	112.84	57.21	48.51
Total Interest Income	416.96	401.3	358.08	258.49	180.53	190.5
Interest Paid on Deposits	120.68	113.46	81.12	11.06	5.82	10.45
Interest Paid on Borrowings	3.26	5.41	15.64	7.59	0.4	0.03
Total Interest Expense	123.93	118.87	96.77	18.65	6.22	10.48
Net Interest Income	293.03	282.43	261.31	239.84	174.3	180.02
Net Interest Income Growth (YoY)	5.92%	8.08%	8.95%	37.60%	-3.17%	8.03%
Trust Income	16.01	15.19	15.18	14.45	13.35	15.22
Gain (Loss) on Sale of Investments	-3.95	-9.7	-7.39	-3.64	0.65	1.6
Gain (Loss) on Sale of Equity Investments	-2.39	-0.83	4.93	-2.77	0.15	7.41
Other Non-Interest Income	3.87	3.48	4.19	5.04	3.4	5.13
Total Non-Interest Income	27.28	32.12	27.94	23.3	28.39	40.6
Non-Interest Income Growth (YoY)	-27.89%	14.96%	19.91%	-17.94%	-30.08%	39.05%
Revenues Before Loan Losses	320.31	314.55	289.25	263.14	202.69	220.62
Provision for Loan Losses	14.47	10.28	14.67	15	-0.29	24.79
Revenue	305.84	304.26	274.58	248.14	202.98	195.83
Revenue Growth (YoY)	0.56%	10.81%	10.66%	22.25%	3.65%	1.99%
Salaries and Employee Benefits	90.19	88.23	81.09	72.03	68.05	67.04
Occupancy Expenses	5.57	5.71	6.39	6.51	14.02	23.04
Federal Deposit Insurance	3.52	3.72	4.02	3.23	2.53	3.15
Amortization of Goodwill & Intangibles	0.61	0.73	0.89	1.05	1.21	1.37
Selling, General & Administrative	54.64	48.87	46.3	44.8	37.09	31.75
Other Non-Interest Expense	12.47	12.52	12.57	12.96	9.36	7.54
Total Non-Interest Expense	167	159.77	151.25	140.57	132.26	133.89
EBT Excluding Unusual Items	138.84	144.49	123.33	107.56	70.73	61.94
Other Unusual Items	1.1	1.1	1.4	0.6	-	-
Pretax Income	139.94	145.59	124.73	108.16	70.73	61.94
Income Tax Expense	37.64	39.16	36.75	26.69	17.79	15.76
Net Income	102.3	106.43	87.98	81.48	52.94	46.19
Preferred Dividends & Other Adjustments	-	-	-	0.02	0.02	0.02
Net Income to Common	102.3	106.43	87.98	81.46	52.92	46.17
Net Income Growth	-2.24%	20.98%	7.98%	53.91%	14.61%	-2.15%
Basic Shares Outstanding	31	31	31	31	31	31
Diluted Shares Outstanding	31	31	31	31	32	31
Shares Change (YoY)	-0.10%	0.49%	-1.31%	-1.01%	0.91%	-3.03%
EPS (Basic)	3.35	3.48	2.88	2.64	1.70	1.48
EPS (Diluted)	3.32	3.44	2.86	2.61	1.68	1.48
EPS Growth	-2.05%	20.28%	9.58%	55.36%	13.51%	0.68%
Dividend Per Share	0.560	0.480	0.400	0.360	0.320	0.320
Dividend Growth	27.27%	20.00%	11.11%	12.50%	-	23.08%
Effective Tax Rate	26.90%	26.89%	29.47%	24.67%	25.15%	25.44%

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