CIB Marine Bancshares, Inc. (CIBH)

CIB Marine Bancshares 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	38.68	42.42	34.2	23.56	22.86
Interest Income on Investments	4.94	5.13	4.87	3.77	2.2
Total Interest Income	43.62	47.54	39.07	27.33	25.06
Interest Paid on Deposits	19.26	24.69	14.43	2.85	1.75
Interest Paid on Borrowings	2.34	2.02	3.19	0.57	0.05
Total Interest Expense	21.6	26.7	17.61	3.42	1.8
Net Interest Income	22.02	20.84	21.46	23.92	23.26
Net Interest Income Growth (YoY)	5.67%	-2.86%	-10.29%	2.80%	4.87%
Mortgage Banking Activities	5.07	7.2	6.03	4.42	13.67
Gain (Loss) on Sale of Assets	-0.01	4.96	1.9	0.23	0.12
Gain (Loss) on Sale of Investments	0.07	-0.03	0.03	-0.28	-0.07
Other Non-Interest Income	0.84	0.76	0.61	0.75	0.98
Total Non-Interest Income	6.52	13.15	8.9	5.47	15.07
Non-Interest Income Growth (YoY)	-50.45%	47.77%	62.73%	-63.71%	-30.87%
Revenues Before Loan Losses	28.54	33.99	30.36	29.38	38.33
Provision for Loan Losses	1.14	-0.46	-0.09	-0.89	-1.2
Revenue	27.4	34.46	30.45	30.28	39.53
Revenue Growth (YoY)	-20.47%	13.17%	0.56%	-23.41%	-7.92%
Salaries and Employee Benefits	16.01	17.79	18.15	16.31	21.13
Occupancy Expenses	2.12	-	-	-	-
Federal Deposit Insurance	0.49	0.74	0.53	0.23	0.19
Selling, General & Administrative	4.32	6.14	6.44	5.92	6.02
Other Non-Interest Expense	2.35	2.5	2.82	2.81	3.04
Total Non-Interest Expense	25.28	27.17	27.94	25.26	30.38
EBT Excluding Unusual Items	2.12	7.29	2.51	5.01	9.15
Pretax Income	2.12	7.29	2.51	5.01	9.15
Income Tax Expense	0.54	1.85	1.63	1.29	2.48
Net Income	1.58	5.44	0.88	3.73	6.67
Preferred Dividends & Other Adjustments	-	-0.41	-	-0.15	-0.55
Net Income to Common	1.58	5.85	0.88	3.87	7.22
Net Income Growth	-70.97%	518.41%	-76.38%	-44.16%	-18.48%
Basic Shares Outstanding	1	1	1	1	1
Diluted Shares Outstanding	1	2	2	2	2
Shares Change (YoY)	-22.79%	-4.55%	0.94%	0.94%	-17.96%
EPS (Basic)	1.18	4.32	0.66	2.97	5.64
EPS (Diluted)	1.18	3.38	0.49	2.16	4.06
EPS Growth	-65.00%	589.80%	-77.31%	-46.80%	7.12%
Effective Tax Rate	25.54%	25.35%	64.93%	25.69%	27.10%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.