Century Next Financial Corporation (CTUY)

Century Next Financial Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	42.23	34	25.69	24.17	24.19	24.37
Interest Income on Investments	4.51	4.51	1.28	0.17	0.25	1.16
Total Interest Income	46.74	38.51	26.96	24.34	24.44	25.53
Interest Paid on Deposits	14.83	12.79	4.57	2.28	3.53	5.06
Interest Paid on Borrowings	0.67	0.67	0.41	0.27	0.32	0.86
Total Interest Expense	15.5	13.46	4.97	2.55	3.85	5.91
Net Interest Income	31.24	25.04	21.99	21.79	20.59	19.62
Net Interest Income Growth (YoY)	33.01%	13.88%	0.92%	5.83%	4.94%	53.63%
Gain (Loss) on Sale of Assets	-0	-0	-	-	-	-
Other Non-Interest Income	1.74	1.68	2.29	2.79	3.32	2.47
Total Non-Interest Income	3.38	3.31	3.64	3.83	4.17	3.98
Non-Interest Income Growth (YoY)	2.09%	-8.91%	-5.09%	-8.09%	4.78%	103.12%
Revenues Before Loan Losses	34.61	28.36	25.63	25.62	24.76	23.6
Provision for Loan Losses	0.42	0.26	0.5	2.1	1.45	1.2
Revenue	34.19	28.09	25.12	23.53	23.31	22.4
Revenue Growth (YoY)	29.50%	11.82%	6.78%	0.93%	4.09%	60.54%
Salaries and Employee Benefits	11.5	11.5	10.66	10.07	9.95	8.41
Occupancy Expenses	1.28	1.28	1.22	1.19	1.24	1.12
Federal Deposit Insurance	0.44	0.44	0.18	0.12	0.19	0.07
Amortization of Goodwill & Intangibles	0.25	0.25	0.25	0.25	0.25	0.25
Selling, General & Administrative	3.58	3.58	3.55	3.36	2.71	3.03
Other Non-Interest Expense	3.4	2.61	2.39	2.23	2.22	2.2
Total Non-Interest Expense	20.51	19.72	18.24	17.28	16.69	15.34
EBT Excluding Unusual Items	13.68	8.37	6.88	6.25	6.62	7.05
Pretax Income	13.68	8.37	6.88	6.25	6.62	7.05
Income Tax Expense	2.7	1.62	1.66	1.47	1.41	1.5
Net Income	10.98	6.75	5.22	4.78	5.21	5.55
Net Income to Common	10.98	6.75	5.22	4.78	5.21	5.55
Net Income Growth	93.21%	29.27%	9.29%	-8.34%	-6.10%	67.76%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	0.86%	0.73%	1.46%	0.51%	0.41%	29.96%
EPS (Basic)	6.09	3.77	2.94	2.73	3.03	3.27
EPS (Diluted)	6.09	3.77	2.94	2.73	2.99	3.20
EPS Growth	91.46%	28.23%	7.70%	-8.70%	-6.56%	29.23%
Dividend Per Share	0.420	0.320	0.300	0.280	0.238	0.219
Dividend Growth	31.25%	6.67%	7.14%	17.60%	8.72%	26.44%
Effective Tax Rate	19.76%	19.33%	24.10%	23.56%	21.23%	21.26%

Source: S&P Capital IQ. Banks template. Financial Sources.