Crystal Valley Financial Corporation (CYVF)

Crystal Valley Financial 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	38.72	32.94	24.78	23.38	25.83
Interest Income on Investments	4.16	4.12	4.84	3.95	2.96
Total Interest Income	42.88	37.06	29.63	27.32	28.78
Interest Paid on Deposits	10.31	6.19	2.1	1.82	2.59
Interest Paid on Borrowings	3.9	3.12	0.69	0.63	0.78
Total Interest Expense	14.22	9.31	2.79	2.45	3.38
Net Interest Income	28.66	27.75	26.84	24.87	25.41
Net Interest Income Growth (YoY)	3.29%	3.38%	7.91%	-2.11%	7.63%
Trust Income	1.27	1.16	1.24	1.23	1.08
Gain (Loss) on Sale of Investments	-2.45	0.03	0.22	0.63	0.78
Other Non-Interest Income	4.78	2.16	2.18	3.68	2.15
Total Non-Interest Income	4.3	3.76	4.99	8.1	6.78
Non-Interest Income Growth (YoY)	14.36%	-24.64%	-38.35%	19.40%	51.65%
Revenues Before Loan Losses	32.96	31.51	31.83	32.97	32.19
Provision for Loan Losses	-0.03	0.67	0.21	0.22	1.27
Revenue	33	30.84	31.62	32.75	30.92
Revenue Growth (YoY)	6.98%	-2.46%	-3.45%	5.92%	10.12%
Salaries and Employee Benefits	11.02	10.21	10.46	11.07	10.5
Federal Deposit Insurance	0.36	0.32	0.21	0.18	0.15
Selling, General & Administrative	5.47	5.25	4.94	3.53	3.28
Other Non-Interest Expense	2.96	2.92	3.17	4.33	3.73
Total Non-Interest Expense	19.81	18.7	18.78	19.12	17.67
EBT Excluding Unusual Items	13.19	12.15	12.84	13.63	13.25
Pretax Income	13.19	12.15	12.84	13.63	13.25
Income Tax Expense	2.09	2.01	1.83	1.98	2.09
Net Income	11.1	10.14	11.01	11.65	11.17
Net Income to Common	11.1	10.14	11.01	11.65	11.17
Net Income Growth	9.46%	-7.89%	-5.49%	4.31%	20.97%
Basic Shares Outstanding	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1
Shares Change (YoY)	-3.60%	-4.03%	-3.23%	-2.55%	-4.25%
EPS (Basic)	8.59	7.57	7.88	8.07	7.54
EPS (Diluted)	8.59	7.57	7.88	8.07	7.54
EPS Growth	13.55%	-4.02%	-2.34%	7.05%	26.34%
Dividend Per Share	1.770	1.710	1.650	1.490	1.550
Dividend Growth	3.51%	3.64%	10.74%	-3.87%	24.00%
Effective Tax Rate	15.84%	16.52%	14.24%	14.55%	15.73%

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.