Dacotah Banks, Inc. (DBIN)

Dacotah Banks 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	206.02	156.68	110.03	110.23	111.5
Interest Income on Investments	18.06	16.58	14.79	8.08	7.13
Total Interest Income	224.08	173.26	124.82	118.31	118.63
Interest Paid on Deposits	92.42	55.61	8.81	6.57	14.28
Interest Paid on Borrowings	1.88	0.94	0.28	0.41	0.91
Total Interest Expense	94.3	56.55	9.09	6.97	15.19
Net Interest Income	129.79	116.71	115.73	111.34	103.44
Net Interest Income Growth (YoY)	11.20%	0.85%	3.95%	7.63%	9.29%
Trust Income	2.83	2.41	2.7	2.45	2.32
Mortgage Banking Activities	0.59	1.51	2.58	2.17	1.25
Other Non-Interest Income	18.39	19.2	18.68	19.57	18.39
Total Non-Interest Income	24.89	25.78	26.66	26.57	24.33
Non-Interest Income Growth (YoY)	-3.47%	-3.32%	0.35%	9.22%	14.67%
Revenues Before Loan Losses	154.67	142.49	142.39	137.91	127.77
Provision for Loan Losses	2.1	0.9	-2	-0.6	8.8
Revenue	152.57	141.59	144.39	138.51	118.97
Revenue Growth (YoY)	7.75%	-1.94%	4.25%	16.43%	5.41%
Salaries and Employee Benefits	77.33	73.13	57.17	58.48	52.3
Occupancy Expenses	5.47	5.64	5.5	5.34	5.18
Federal Deposit Insurance	2.91	1.76	0.97	0.86	0.5
Selling, General & Administrative	11.72	10.97	13.68	2.93	3.53
Other Non-Interest Expense	21.68	19.02	15.23	22.24	18.74
Total Non-Interest Expense	119.1	110.52	92.55	89.85	80.24
EBT Excluding Unusual Items	33.47	31.08	51.84	48.66	38.72
Pretax Income	33.47	31.08	51.84	48.66	38.72
Income Tax Expense	3.74	4.91	11.14	10.96	9.12
Net Income	29.73	26.17	40.71	37.7	29.6
Net Income to Common	29.73	26.17	40.71	37.7	29.6
Net Income Growth	13.61%	-35.72%	7.98%	27.36%	-3.55%
Basic Shares Outstanding	11	11	11	11	11
Diluted Shares Outstanding	11	11	11	11	11
Shares Change (YoY)	-0.40%	-0.04%	0.09%	-0.15%	0.25%
EPS (Basic)	2.66	2.33	3.63	3.36	2.64
EPS (Diluted)	2.66	2.33	3.63	3.36	2.64
EPS Growth	14.07%	-35.70%	7.88%	27.55%	-3.79%
Dividend Per Share	0.600	0.700	0.650	0.600	0.540
Dividend Growth	-14.29%	7.69%	8.33%	11.11%	1.89%
Effective Tax Rate	11.18%	15.80%	21.48%	22.52%	23.55%

Updated Nov 5, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.