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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	249.83	238.83	220.71	168.66	154.11	145.63
Interest Income on Investments	59.55	58.08	52.84	42.83	24.59	21.01
Total Interest Income	309.38	296.91	273.56	211.49	178.71	166.64
Interest Paid on Deposits	87.34	103.16	66.94	3	1.38	2.68
Interest Paid on Borrowings	8.57	8.5	13.12	6.73	5.26	4.32
Total Interest Expense	95.91	111.66	80.06	9.73	6.64	7
Net Interest Income	213.47	185.25	193.5	201.76	172.07	159.64
Net Interest Income Growth (YoY)	18.46%	-4.27%	-4.10%	17.26%	7.79%	1.42%
Other Non-Interest Income	38.54	38.69	36.83	31.03	39.04	40.18
Total Non-Interest Income	52.67	50.99	46.99	41.08	47.57	47.89
Non-Interest Income Growth (YoY)	4.67%	8.52%	14.38%	-13.64%	-0.66%	17.34%
Revenues Before Loan Losses	266.15	236.24	240.49	242.85	219.64	207.52
Provision for Loan Losses	6.5	2.17	3.7	2.6	5.23	12.1
Revenue	259.65	234.07	236.78	240.25	214.41	195.43
Revenue Growth (YoY)	14.30%	-1.15%	-1.44%	12.05%	9.71%	-1.40%
Salaries and Employee Benefits	92.49	89.18	83.47	77.52	74.72	69.92
Selling, General & Administrative	26.16	26	25.09	22.88	20.62	20.53
Other Non-Interest Expense	62.62	59.08	59.57	51.19	45.73	42.39
Total Non-Interest Expense	181.26	174.27	168.13	151.59	141.06	132.85
EBT Excluding Unusual Items	78.38	59.8	68.65	88.66	73.35	62.58
Pretax Income	78.38	59.8	68.65	88.66	73.35	62.58
Income Tax Expense	14.03	10.03	11.47	15.23	13.62	11.35
Earnings From Continuing Operations	64.36	49.77	57.18	73.43	59.73	51.22
Minority Interest in Earnings	-0.1	-0.09	-0.14	-0.08	-0.08	-0.08
Net Income	64.26	49.68	57.04	73.35	59.65	51.14
Net Income to Common	64.26	49.68	57.04	73.35	59.65	51.14
Net Income Growth	36.92%	-12.91%	-22.23%	22.98%	16.63%	-11.86%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change (YoY)	0.14%	-1.74%	5.59%	5.44%	-1.39%	-1.30%
EPS (Basic)	7.80	5.98	6.75	9.16	7.86	6.64
EPS (Diluted)	7.80	5.98	6.75	9.16	7.86	6.64
EPS Growth	36.73%	-11.36%	-26.35%	16.64%	18.27%	-10.70%
Dividend Per Share	0.830	0.800	0.800	0.720	0.640	0.540
Dividend Growth	3.75%	-	11.11%	12.50%	18.52%	-29.87%
Effective Tax Rate	17.89%	16.78%	16.71%	17.18%	18.57%	18.14%

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