Alpine Banks of Colorado (ALPIB)

Alpine Banks of Colorado Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	255.94	238.83	220.71	168.66	154.11
Interest Income on Investments	59.72	58.08	52.84	42.83	24.59
Total Interest Income	315.66	296.91	273.56	211.49	178.71
Interest Paid on Deposits	83.27	103.16	66.94	3	1.38
Interest Paid on Borrowings	9.28	8.5	13.12	6.73	5.26
Total Interest Expense	92.56	111.66	80.06	9.73	6.64
Net Interest Income	223.1	185.25	193.5	201.76	172.07
Net Interest Income Growth (YoY)	20.44%	-4.27%	-4.10%	17.26%	7.79%
Other Non-Interest Income	40.77	38.69	36.83	31.03	39.04
Total Non-Interest Income	55.27	50.99	46.99	41.08	47.57
Non-Interest Income Growth (YoY)	8.39%	8.52%	14.38%	-13.64%	-0.66%
Revenues Before Loan Losses	278.37	236.24	240.49	242.85	219.64
Provision for Loan Losses	6.88	2.17	3.7	2.6	5.23
Revenue	271.49	234.07	236.78	240.25	214.41
Revenue Growth (YoY)	15.99%	-1.15%	-1.44%	12.05%	9.71%
Salaries and Employee Benefits	94.09	89.18	83.47	77.52	74.72
Selling, General & Administrative	26.26	26	25.09	22.88	20.62
Other Non-Interest Expense	65.73	59.08	59.57	51.19	45.73
Total Non-Interest Expense	186.08	174.27	168.13	151.59	141.06
EBT Excluding Unusual Items	85.41	59.8	68.65	88.66	73.35
Pretax Income	85.41	59.8	68.65	88.66	73.35
Income Tax Expense	15.09	10.03	11.47	15.23	13.62
Earnings From Continuing Operations	70.32	49.77	57.18	73.43	59.73
Minority Interest in Earnings	-0.09	-0.09	-0.14	-0.08	-0.08
Net Income	70.23	49.68	57.04	73.35	59.65
Net Income to Common	70.23	49.68	57.04	73.35	59.65
Net Income Growth	41.37%	-12.91%	-22.23%	22.98%	16.63%
Basic Shares Outstanding	16	16	8	8	8
Diluted Shares Outstanding	16	16	8	8	8
Shares Change (YoY)	-0.46%	90.38%	5.59%	5.44%	-1.39%
EPS (Basic)	4.38	3.09	6.75	9.16	7.86
EPS (Diluted)	4.38	3.09	6.75	9.16	7.86
EPS Growth	42.02%	-54.25%	-26.35%	16.64%	18.27%
Dividend Per Share	0.840	0.800	0.800	0.720	0.640
Dividend Growth	5.00%	-	11.11%	12.50%	18.52%
Effective Tax Rate	17.66%	16.78%	16.71%	17.18%	18.57%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.