Croghan Bancshares, Inc. (CHBH)

Croghan Bancshares 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	42.36	40.99	36.83	31.69	34.58	34.23
Interest Income on Investments	12.29	12.29	10.7	8.11	5.24	4.36
Total Interest Income	54.66	53.28	47.53	39.8	39.82	38.58
Interest Paid on Deposits	15.72	15.27	8.47	1.26	1.35	2.23
Interest Paid on Borrowings	2.58	2.58	2.96	0.87	0.44	0.47
Total Interest Expense	18.29	17.85	11.43	2.13	1.78	2.69
Net Interest Income	36.36	35.43	36.1	37.67	38.03	35.89
Net Interest Income Growth (YoY)	0.72%	-1.87%	-4.16%	-0.96%	5.97%	7.89%
Trust Income	2.6	2.6	2.31	2.27	2.36	1.96
Gain (Loss) on Sale of Investments	-0.46	-0.47	-1.04	-0.03	-0.01	0.28
Other Non-Interest Income	1.84	2.7	1.97	1.92	1.75	1.6
Total Non-Interest Income	6.46	7.31	5.79	7.01	8.31	8.29
Non-Interest Income Growth (YoY)	11.60%	26.21%	-17.34%	-15.68%	0.23%	14.46%
Revenues Before Loan Losses	42.83	42.74	41.89	44.67	46.34	44.18
Provision for Loan Losses	-	-	0.08	-	0.83	2.48
Revenue	42.83	42.74	41.82	44.67	45.52	41.71
Revenue Growth (YoY)	2.41%	2.20%	-6.39%	-1.85%	9.14%	5.10%
Salaries and Employee Benefits	17.59	17.59	17.36	16.33	16.3	15.44
Amortization of Goodwill & Intangibles	-	-	0.08	0.16	0.24	0.33
Selling, General & Administrative	2.33	2.33	2.24	2.2	2.06	1.71
Other Non-Interest Expense	10.79	10.43	9.12	9	8.39	7.64
Total Non-Interest Expense	30.71	30.35	28.8	27.68	26.99	25.12
EBT Excluding Unusual Items	12.11	12.39	13.02	16.99	18.53	16.58
Pretax Income	12.11	12.39	13.02	16.99	18.53	16.58
Income Tax Expense	2.38	2.33	2.24	2.98	3.3	2.87
Net Income	9.73	10.06	10.77	14.01	15.23	13.72
Net Income to Common	9.73	10.06	10.77	14.01	15.23	13.72
Net Income Growth	-9.64%	-6.64%	-23.13%	-8.00%	11.03%	9.56%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-2.19%	-1.69%	-2.35%	-1.50%	-1.12%	-1.23%
EPS (Basic)	4.66	4.80	5.05	6.41	6.87	6.12
EPS (Diluted)	4.66	4.80	5.05	6.41	6.87	6.12
EPS Growth	-7.62%	-5.03%	-21.23%	-6.65%	12.24%	11.03%
Dividend Per Share	2.310	2.300	2.280	2.230	2.160	2.000
Dividend Growth	1.32%	0.88%	2.24%	3.24%	8.00%	6.38%
Effective Tax Rate	19.63%	18.80%	17.24%	17.53%	17.80%	17.28%

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.