Alpine Banks of Colorado (ALPIB)

Alpine Banks of Colorado Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	246.49	238.83	220.71	168.66	154.11	145.63
Interest Income on Investments	58.08	58.08	52.84	42.83	24.59	21.01
Total Interest Income	304.57	296.91	273.56	211.49	178.71	166.64
Interest Paid on Deposits	92.67	103.16	66.94	3	1.38	2.68
Interest Paid on Borrowings	8.5	8.5	13.12	6.73	5.26	4.32
Total Interest Expense	101.17	111.66	80.06	9.73	6.64	7
Net Interest Income	203.4	185.25	193.5	201.76	172.07	159.64
Net Interest Income Growth (YoY)	10.62%	-4.27%	-4.10%	17.26%	7.79%	1.42%
Other Non-Interest Income	40.47	38.69	36.83	31.03	39.04	40.18
Total Non-Interest Income	52.77	50.99	46.99	41.08	47.57	47.89
Non-Interest Income Growth (YoY)	11.73%	8.52%	14.38%	-13.64%	-0.66%	17.34%
Revenues Before Loan Losses	256.16	236.24	240.49	242.85	219.64	207.52
Provision for Loan Losses	6.06	2.17	3.7	2.6	5.23	12.1
Revenue	250.1	234.07	236.78	240.25	214.41	195.43
Revenue Growth (YoY)	9.47%	-1.15%	-1.44%	12.05%	9.71%	-1.40%
Salaries and Employee Benefits	89.18	89.18	83.47	77.52	74.72	69.92
Selling, General & Administrative	26	26	25.09	22.88	20.62	20.53
Other Non-Interest Expense	62.9	59.08	59.57	51.19	45.73	42.39
Total Non-Interest Expense	178.08	174.27	168.13	151.59	141.06	132.85
EBT Excluding Unusual Items	72.02	59.8	68.65	88.66	73.35	62.58
Pretax Income	72.02	59.8	68.65	88.66	73.35	62.58
Income Tax Expense	12.62	10.03	11.47	15.23	13.62	11.35
Earnings From Continuing Operations	59.41	49.77	57.18	73.43	59.73	51.22
Minority Interest in Earnings	-0.09	-0.09	-0.14	-0.08	-0.08	-0.08
Net Income	59.32	49.68	57.04	73.35	59.65	51.14
Net Income to Common	59.32	49.68	57.04	73.35	59.65	51.14
Net Income Growth	23.66%	-12.91%	-22.23%	22.98%	16.63%	-11.86%
Basic Shares Outstanding	16	8	8	8	8	8
Diluted Shares Outstanding	16	8	8	8	8	8
Shares Change (YoY)	90.60%	-1.74%	5.59%	5.44%	-1.39%	-1.30%
EPS (Basic)	3.70	5.98	6.75	9.16	7.86	6.64
EPS (Diluted)	3.70	5.98	6.75	9.16	7.86	6.64
EPS Growth	-35.12%	-11.36%	-26.35%	16.64%	18.27%	-10.70%
Dividend Per Share	-	0.800	0.800	0.720	0.640	0.540
Dividend Growth	-	-	11.11%	12.50%	18.52%	-29.87%
Effective Tax Rate	17.52%	16.78%	16.71%	17.18%	18.57%	18.14%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.