Community Heritage Financial, Inc. (CMHF)

CMHF 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	46.78	39.6	29.37	25.39	22.93
Interest Income on Investments	6.94	3.91	3.01	1.71	1.23
Total Interest Income	53.71	43.51	32.37	27.1	24.16
Interest Paid on Deposits	19.54	15.51	3.44	1.83	3.41
Interest Paid on Borrowings	3.48	1.88	1.47	1.09	1.11
Total Interest Expense	23.02	17.39	4.91	2.92	4.52
Net Interest Income	30.69	26.12	27.46	24.17	19.64
Net Interest Income Growth (YoY)	17.49%	-4.88%	13.59%	23.08%	18.31%
Gain (Loss) on Sale of Assets	-	0.02	0.07	0.02	0
Gain (Loss) on Sale of Investments	-0.44	-	-	0.18	0.75
Other Non-Interest Income	3.04	2.46	1.9	1.27	2.21
Total Non-Interest Income	3.59	3.26	3.93	7.01	8.26
Non-Interest Income Growth (YoY)	10.02%	-16.95%	-43.95%	-15.18%	116.02%
Revenues Before Loan Losses	34.28	29.38	31.39	31.18	27.91
Provision for Loan Losses	0.61	-0.75	0.81	3.08	3.25
Revenue	33.67	30.13	30.57	28.11	24.65
Revenue Growth (YoY)	11.76%	-1.46%	8.79%	14.00%	25.37%
Salaries and Employee Benefits	13.9	13.86	11.92	11.43	11.15
Occupancy Expenses	2.98	3.02	2.54	2.25	2.19
Federal Deposit Insurance	0.81	0.64	0.57	0.43	0.27
Amortization of Goodwill & Intangibles	-	-	0	0.01	0.01
Selling, General & Administrative	4.9	4.94	4.39	3.85	3.55
Other Non-Interest Expense	2.25	1.99	1.83	1.93	1.78
Total Non-Interest Expense	24.85	24.45	21.26	19.9	18.95
EBT Excluding Unusual Items	8.83	5.68	9.32	8.21	5.71
Pretax Income	8.83	5.68	9.32	8.21	5.71
Income Tax Expense	2.2	1.39	2.46	2.19	1.58
Net Income	6.63	4.3	6.86	6.02	4.13
Net Income to Common	6.63	4.3	6.86	6.02	4.13
Net Income Growth	54.31%	-37.35%	13.97%	45.74%	56.89%
Basic Shares Outstanding	3	3	2	2	2
Diluted Shares Outstanding	3	3	2	2	2
Shares Change (YoY)	0.60%	20.63%	7.06%	-	0.06%
EPS (Basic)	2.27	1.48	2.85	2.67	1.83
EPS (Diluted)	2.27	1.48	2.84	2.67	1.83
EPS Growth	53.65%	-47.98%	6.37%	45.90%	56.52%
Dividend Per Share	0.260	0.240	0.180	0.160	0.160
Dividend Growth	8.33%	33.33%	12.50%	-	23.08%
Effective Tax Rate	24.91%	24.41%	26.42%	26.70%	27.68%

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