CNB Bank Shares, Inc. (CNBN)

CNB Bank Shares 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	76.36	62.76	44.56	43.35	49.2
Interest Income on Investments	11.6	12.3	10.69	7.89	7.66
Total Interest Income	87.96	75.06	55.25	51.24	56.86
Interest Paid on Deposits	29.87	21.44	5.08	3.96	9.41
Interest Paid on Borrowings	4.98	3.28	0.95	0.59	0.85
Total Interest Expense	34.85	24.72	6.03	4.56	10.26
Net Interest Income	53.11	50.33	49.22	46.69	46.6
Net Interest Income Growth (YoY)	5.51%	2.26%	5.42%	0.20%	3.86%
Trust Income	2.9	2.71	2.17	2.13	1.63
Mortgage Banking Activities	1.29	1.19	1.79	3.35	4.9
Gain (Loss) on Sale of Assets	0.03	-	-	-	-
Gain (Loss) on Sale of Investments	-0.47	-	-0.05	-	-
Other Non-Interest Income	5.58	5.12	4.89	5.57	5.69
Total Non-Interest Income	11.61	11.13	10.82	12.69	13.89
Non-Interest Income Growth (YoY)	4.30%	2.89%	-14.79%	-8.61%	34.45%
Revenues Before Loan Losses	64.71	61.46	60.04	59.38	60.48
Provision for Loan Losses	1.99	0.64	3.2	2.48	4.74
Revenue	62.73	60.82	56.84	56.9	55.74
Revenue Growth (YoY)	3.13%	7.01%	-0.11%	2.07%	4.98%
Salaries and Employee Benefits	27.19	24.59	23.29	22.61	22.34
Occupancy Expenses	6.47	5.71	5.79	5.65	5.43
Federal Deposit Insurance	1.25	1.06	0.63	0.62	0.65
Amortization of Goodwill & Intangibles	0.85	1.05	1.28	1.36	1.11
Selling, General & Administrative	3.95	3.21	3.38	3.16	3.41
Other Non-Interest Expense	5.22	5.59	4.93	4.49	4.18
Total Non-Interest Expense	44.91	41.2	39.3	37.91	37.13
EBT Excluding Unusual Items	17.81	19.62	17.54	18.99	18.61
Pretax Income	17.81	19.62	17.54	18.99	18.61
Income Tax Expense	4.16	4.57	3.68	3.75	3.9
Net Income	13.66	15.04	13.86	15.24	14.71
Preferred Dividends & Other Adjustments	0.56	0.52	-	-	-
Net Income to Common	13.1	14.53	13.86	15.24	14.71
Net Income Growth	-9.21%	8.56%	-9.09%	3.62%	8.68%
Basic Shares Outstanding	5	5	5	5	7
Diluted Shares Outstanding	6	6	5	5	7
Shares Change (YoY)	-0.52%	18.81%	0.49%	-17.74%	0.47%
EPS (Basic)	2.43	2.69	2.56	2.83	2.25
EPS (Diluted)	2.14	2.34	2.56	2.83	2.25
EPS Growth	-8.74%	-8.63%	-9.54%	25.96%	8.17%
Dividend Per Share	0.570	0.530	0.520	0.490	0.450
Dividend Growth	7.55%	1.92%	6.12%	8.89%	9.76%
Effective Tax Rate	23.34%	23.32%	20.99%	19.75%	20.97%

Updated Nov 15, 1999. Source: S&P Global Market Intelligence. Banks template. Financial Sources.