EXSR Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	96.07	89.1	81.92	71.44	77.88
Interest Income on Investments	32.73	35.62	33.63	29.77	17.43
Total Interest Income	128.8	124.72	115.55	101.21	95.31
Interest Paid on Deposits	36.51	33.26	16.72	2.04	1.76
Interest Paid on Borrowings	1.81	10.2	8.34	0.04	-
Total Interest Expense	38.32	43.46	25.06	2.08	1.76
Net Interest Income	90.48	81.26	90.49	99.14	93.55
Net Interest Income Growth (YoY)	11.34%	-10.20%	-8.72%	5.97%	-2.94%
Trust Income	11.74	10.33	-	10.02	10.48
Other Non-Interest Income	15.07	13.05	23.66	14.34	13.16
Total Non-Interest Income	26.81	23.39	23.66	24.37	23.65
Non-Interest Income Growth (YoY)	14.66%	-1.16%	-2.90%	3.06%	9.80%
Revenues Before Loan Losses	117.29	104.65	114.15	123.5	117.19
Provision for Loan Losses	-	-5.8	-	-	2
Revenue	117.29	110.45	114.15	123.5	115.19
Revenue Growth (YoY)	6.20%	-3.24%	-7.57%	7.21%	-0.79%
Salaries and Employee Benefits	43.4	42.68	49.51	40.28	35.62
Occupancy Expenses	7.97	7.77	-	7.62	7.92
Federal Deposit Insurance	1.53	1.53	-	0.99	0.71
Selling, General & Administrative	5.46	5.7	-	7.86	6.54
Other Non-Interest Expense	19.98	19.19	36.93	16.67	13.86
Total Non-Interest Expense	78.34	76.87	86.44	73.42	64.65
EBT Excluding Unusual Items	38.95	33.58	27.71	50.09	50.55
Pretax Income	38.95	33.58	27.71	50.09	50.55
Income Tax Expense	8.98	9.73	7.52	12.61	14.14
Net Income	29.97	23.85	20.19	37.48	36.41
Net Income to Common	29.97	23.85	20.19	37.48	36.41
Net Income Growth	25.64%	18.13%	-46.12%	2.94%	8.04%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
EPS (Basic)	17.48	13.91	11.78	21.86	21.24
EPS (Diluted)	17.48	13.91	11.78	21.86	21.24
EPS Growth	25.64%	18.13%	-46.12%	2.94%	8.04%
Dividend Per Share	5.200	5.200	5.200	4.900	4.800
Dividend Growth	-	-	6.12%	2.08%	-
Effective Tax Rate	23.06%	28.96%	27.13%	25.17%	27.97%

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