Croghan Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	45.55	40.99	36.83	31.69	34.58
Interest Income on Investments	14.34	12.29	10.7	8.11	5.24
Total Interest Income	59.89	53.28	47.53	39.8	39.82
Interest Paid on Deposits	16.37	15.27	8.47	1.26	1.35
Interest Paid on Borrowings	2.95	2.58	2.96	0.87	0.44
Total Interest Expense	19.31	17.85	11.43	2.13	1.78
Net Interest Income	40.57	35.43	36.1	37.67	38.03
Net Interest Income Growth (YoY)	14.52%	-1.87%	-4.16%	-0.96%	5.97%
Trust Income	2.77	2.6	2.31	2.27	2.36
Gain (Loss) on Sale of Investments	-0.15	-0.47	-1.04	-0.03	-0.01
Other Non-Interest Income	2.36	2.7	1.97	1.92	1.75
Total Non-Interest Income	7.37	7.31	5.79	7.01	8.31
Non-Interest Income Growth (YoY)	0.78%	26.21%	-17.34%	-15.68%	0.23%
Revenues Before Loan Losses	47.94	42.74	41.89	44.67	46.34
Provision for Loan Losses	0.55	-	0.08	-	0.83
Revenue	47.39	42.74	41.82	44.67	45.52
Revenue Growth (YoY)	10.88%	2.20%	-6.39%	-1.85%	9.14%
Salaries and Employee Benefits	18.69	17.59	17.36	16.33	16.3
Amortization of Goodwill & Intangibles	-	-	0.08	0.16	0.24
Selling, General & Administrative	2.61	2.33	2.24	2.2	2.06
Other Non-Interest Expense	10.96	10.43	9.12	9	8.39
Total Non-Interest Expense	32.26	30.35	28.8	27.68	26.99
EBT Excluding Unusual Items	15.13	12.39	13.02	16.99	18.53
Pretax Income	15.13	12.39	13.02	16.99	18.53
Income Tax Expense	2.99	2.33	2.24	2.98	3.3
Net Income	12.14	10.06	10.77	14.01	15.23
Net Income to Common	12.14	10.06	10.77	14.01	15.23
Net Income Growth	20.71%	-6.64%	-23.13%	-8.00%	11.03%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	-2.54%	-1.69%	-2.35%	-1.50%	-1.12%
EPS (Basic)	5.94	4.80	5.05	6.41	6.87
EPS (Diluted)	5.94	4.80	5.05	6.41	6.87
EPS Growth	23.85%	-5.03%	-21.23%	-6.65%	12.24%
Dividend Per Share	2.350	2.300	2.280	2.230	2.160
Dividend Growth	2.17%	0.88%	2.24%	3.24%	8.00%
Effective Tax Rate	19.74%	18.80%	17.24%	17.53%	17.80%