BNCCORP, Inc. (BNCC)

BNCCORP Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	46.46	43.28	27.75	29.22	31.36
Interest Income on Investments	-	-	5.86	4.24	5.19
Total Interest Income	46.46	43.28	33.61	33.46	36.55
Interest Paid on Deposits	15.4	10.97	2.16	1.9	3.85
Interest Paid on Borrowings	-	-	0.49	0.24	0.39
Total Interest Expense	15.4	10.97	2.66	2.14	4.24
Net Interest Income	31.06	32.31	30.96	31.32	32.31
Net Interest Income Growth (YoY)	-3.88%	4.37%	-1.16%	-3.06%	12.51%
Trust Income	2.04	1.95	1.98	2.21	1.79
Mortgage Banking Activities	-	3.77	11.46	37.77	79.89
Gain (Loss) on Sale of Assets	-	-	-0.02	-0.06	-0.01
Gain (Loss) on Sale of Investments	-	0.01	-	-	1.13
Other Non-Interest Income	3.84	4.26	5.43	4.05	3.05
Total Non-Interest Income	5.89	10	19.11	44.63	85.95
Non-Interest Income Growth (YoY)	-41.09%	-47.65%	-57.18%	-48.07%	195.03%
Revenues Before Loan Losses	36.95	42.31	50.07	75.95	118.25
Provision for Loan Losses	0.64	0.82	-0.15	-0.35	2.67
Revenue	36.32	41.5	50.22	76.3	115.58
Revenue Growth (YoY)	-12.49%	-17.36%	-34.18%	-33.99%	102.26%
Salaries and Employee Benefits	15.01	17.52	20.84	24.76	28.9
Occupancy Expenses	1.09	1.09	1.23	1.27	1.4
Federal Deposit Insurance	0.54	0.47	0.47	0.48	0.3
Selling, General & Administrative	7.26	12.47	16.17	17.48	20.9
Other Non-Interest Expense	2.17	2.63	3.18	3.61	5.6
Total Non-Interest Expense	26.05	34.18	41.89	47.59	57.1
EBT Excluding Unusual Items	10.26	7.32	8.33	28.71	58.49
Pretax Income	10.26	7.32	8.33	28.71	58.49
Income Tax Expense	2.34	1.61	1.83	6.75	13.87
Net Income	7.93	5.71	6.5	21.96	44.61
Net Income to Common	7.93	5.71	6.5	21.96	44.61
Net Income Growth	38.97%	-12.23%	-70.39%	-50.79%	335.90%
Basic Shares Outstanding	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4
Shares Change (YoY)	-0.88%	0.15%	0.16%	0.12%	0.20%
EPS (Basic)	2.24	1.59	1.82	6.15	12.52
EPS (Diluted)	2.23	1.59	1.82	6.15	12.52
EPS Growth	40.25%	-12.58%	-70.43%	-50.88%	334.72%
Effective Tax Rate	22.76%	22.02%	21.96%	23.52%	23.72%

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