CBB Bancorp, Inc. (CBBI)

CBB Bancorp 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	113.37	114.99	80.92	64.29	54.5
Total Interest Income	113.37	114.99	80.92	64.29	54.5
Interest Paid on Deposits	51.07	42	9.76	5.49	11.71
Total Interest Expense	51.07	42	9.76	5.49	11.71
Net Interest Income	62.3	72.98	71.16	58.79	42.79
Net Interest Income Growth (YoY)	-14.64%	2.57%	21.03%	37.39%	-3.55%
Other Non-Interest Income	4.77	4.07	4.38	4.66	4.16
Total Non-Interest Income	9.32	7.28	12.35	19.56	8.75
Non-Interest Income Growth (YoY)	28.14%	-41.08%	-36.88%	123.53%	-11.10%
Revenues Before Loan Losses	71.62	80.26	83.5	78.36	51.55
Provision for Loan Losses	0.5	-	1.34	-0.3	5.5
Revenue	71.12	80.26	82.16	78.66	46.05
Revenue Growth (YoY)	-11.39%	-2.31%	4.46%	70.82%	-12.98%
Salaries and Employee Benefits	23.47	22.59	27.15	23.97	20.74
Occupancy Expenses	4.67	4.48	4.49	4.02	3.76
Selling, General & Administrative	3.15	3.2	3.79	2.8	3.17
Other Non-Interest Expense	8.57	9.8	7.61	7.31	5.18
Total Non-Interest Expense	39.86	40.07	43.04	38.1	32.86
EBT Excluding Unusual Items	31.26	40.19	39.12	40.55	13.19
Asset Writedown	-	-	-	-	0.89
Pretax Income	31.26	40.18	38.94	38.37	14.08
Income Tax Expense	8.83	11.32	11.02	10.84	4.2
Net Income	22.43	28.86	27.92	27.53	9.88
Net Income to Common	22.43	28.86	27.92	27.53	9.88
Net Income Growth	-22.29%	3.37%	1.42%	178.62%	-25.95%
Basic Shares Outstanding	11	11	10	10	10
Diluted Shares Outstanding	11	11	11	10	10
Shares Change (YoY)	0.00%	0.80%	1.15%	0.96%	-0.43%
EPS (Basic)	2.12	2.73	2.68	2.68	0.97
EPS (Diluted)	2.12	2.72	2.66	2.65	0.96
EPS Growth	-22.12%	2.26%	0.38%	176.04%	-25.58%
Dividend Per Share	0.340	0.320	0.317	0.186	-
Dividend Growth	6.25%	0.95%	70.43%	-	-
Effective Tax Rate	28.26%	28.16%	28.31%	28.25%	29.84%

Source: S&P Capital IQ. Banks template. Financial Sources.