Dimeco, Inc. (DIMC)

Dimeco 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	49.97	40.27	32.62	31.18	30.12
Interest Income on Investments	8.85	8	5.96	4.23	3.83
Total Interest Income	58.83	48.27	38.58	35.41	33.95
Interest Paid on Deposits	18.93	10.71	2.89	1.83	3.38
Interest Paid on Borrowings	2.14	3.59	0.88	1.64	1.69
Total Interest Expense	21.07	14.29	3.77	3.47	5.07
Net Interest Income	37.76	33.98	34.81	31.94	28.88
Net Interest Income Growth (YoY)	11.14%	-2.40%	8.98%	10.61%	7.09%
Gain (Loss) on Sale of Investments	-0.04	-0.04	-0.86	0.23	0.12
Other Non-Interest Income	5.79	5.33	4.55	4.36	3.52
Total Non-Interest Income	7.49	6.68	4.96	6.15	5.78
Non-Interest Income Growth (YoY)	12.12%	34.87%	-19.35%	6.37%	20.81%
Revenues Before Loan Losses	45.26	40.66	39.77	38.09	34.66
Provision for Loan Losses	1.33	0.83	-0.83	1.2	3.5
Revenue	43.93	39.83	40.59	36.89	31.16
Revenue Growth (YoY)	10.30%	-1.88%	10.04%	18.39%	0.51%
Salaries and Employee Benefits	16.77	15.85	14.86	13.27	11.94
Occupancy Expenses	2.05	2.19	2.59	1.61	1.45
Selling, General & Administrative	3.71	3.37	3.78	3.72	3.66
Other Non-Interest Expense	5.59	5.39	4.53	4.19	3.94
Total Non-Interest Expense	28.11	26.8	25.76	22.78	21.08
EBT Excluding Unusual Items	15.82	13.03	14.83	14.11	10.08
Pretax Income	15.82	13.03	14.83	14.11	10.08
Income Tax Expense	2.87	2.2	2.49	2.16	1.22
Net Income	12.94	10.83	12.34	11.95	8.86
Net Income to Common	12.94	10.83	12.34	11.95	8.86
Net Income Growth	19.52%	-12.26%	3.26%	34.96%	1.40%
Basic Shares Outstanding	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3
Shares Change (YoY)	-0.29%	-0.32%	0.77%	0.34%	-0.26%
EPS (Basic)	5.12	4.27	4.86	4.73	3.54
EPS (Diluted)	5.11	4.27	4.85	4.72	3.52
EPS Growth	19.76%	-12.02%	2.75%	34.09%	1.73%
Dividend Per Share	1.620	1.540	1.460	1.380	1.330
Dividend Growth	5.20%	5.48%	5.80%	3.76%	8.13%
Effective Tax Rate	18.17%	16.88%	16.77%	15.28%	12.10%

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