Chesapeake Financial Shares, Inc. (CPKF)

CPKF 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	52.08	50.74	40.59	33.18	32.94	28.92
Interest Income on Investments	26.24	25.78	18.71	14.1	11.97	9.64
Total Interest Income	78.32	76.53	59.3	47.28	44.9	38.56
Interest Paid on Deposits	28.65	27.97	15.25	1.75	2.57	4.67
Interest Paid on Borrowings	1.96	2.5	2.43	1.45	0.78	0.38
Total Interest Expense	30.61	30.48	17.68	3.19	3.35	5.05
Net Interest Income	47.71	46.05	41.61	44.08	41.55	33.51
Net Interest Income Growth (YoY)	14.40%	10.66%	-5.61%	6.09%	24.00%	13.48%
Trust Income	4.6	4.46	3.98	4.07	4.39	4.04
Mortgage Banking Activities	1.04	1.02	0.87	1.68	2.78	3.43
Gain (Loss) on Sale of Investments	-8.49	0.86	0.23	-1.14	0.73	1.22
Other Non-Interest Income	16.82	16.53	17.2	17.58	11.41	10.92
Total Non-Interest Income	13.98	22.86	22.29	22.19	19.31	19.62
Non-Interest Income Growth (YoY)	-37.61%	2.58%	0.44%	14.91%	-1.59%	-4.67%
Revenues Before Loan Losses	61.68	68.92	63.9	66.28	60.87	53.14
Provision for Loan Losses	0.92	0.88	0.79	0.7	-0.4	1.95
Revenue	60.76	68.04	63.11	65.58	61.27	51.19
Revenue Growth (YoY)	-4.03%	7.80%	-3.75%	7.03%	19.69%	3.21%
Salaries and Employee Benefits	32.14	31.12	27.49	24.72	22.96	21.88
Federal Deposit Insurance	0.78	0.76	0.62	0.37	-	-
Amortization of Goodwill & Intangibles	0.22	0.22	0.15	-	-	-
Selling, General & Administrative	15.09	15.06	14.99	13.45	5.93	4.88
Other Non-Interest Expense	8.04	7.32	7.49	6.52	14.66	10.57
Total Non-Interest Expense	56.45	54.66	50.77	45.12	43.95	37.39
EBT Excluding Unusual Items	4.31	13.38	12.34	20.45	17.31	13.8
Pretax Income	4.31	13.38	12.34	20.45	17.31	13.8
Income Tax Expense	0.09	1.95	2.22	2.82	2.3	2.05
Net Income	4.23	11.43	10.12	17.63	15.01	11.75
Net Income to Common	4.23	11.43	10.12	17.63	15.01	11.75
Net Income Growth	-53.92%	12.93%	-42.59%	17.45%	27.75%	3.08%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	0.37%	0.33%	-0.41%	-2.21%	-1.48%	-1.36%
EPS (Basic)	0.89	2.42	2.15	3.74	3.11	2.41
EPS (Diluted)	0.89	2.42	2.15	3.73	3.11	2.40
EPS Growth	-54.08%	12.56%	-42.36%	19.94%	29.58%	4.80%
Dividend Per Share	0.630	0.625	0.610	0.580	0.530	0.500
Dividend Growth	3.28%	2.46%	5.17%	9.43%	6.00%	2.46%
Effective Tax Rate	2.01%	14.57%	18.02%	13.81%	13.30%	14.83%

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