Exchange Bank (Santa Rosa, CA) (EXSR)

EXSR Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	93.39	89.1	81.92	71.44	77.88	82.34
Interest Income on Investments	33.95	35.62	33.63	29.77	17.43	17.34
Total Interest Income	127.34	124.72	115.55	101.21	95.31	99.68
Interest Paid on Deposits	36.56	33.26	16.72	2.04	1.76	3.3
Interest Paid on Borrowings	3.41	10.2	8.34	0.04	-	-
Total Interest Expense	39.97	43.46	25.06	2.08	1.76	3.3
Net Interest Income	87.37	81.26	90.49	99.14	93.55	96.38
Net Interest Income Growth (YoY)	6.59%	-10.20%	-8.72%	5.97%	-2.94%	-0.55%
Trust Income	-	-	-	10.02	10.48	8.95
Other Non-Interest Income	26.47	23.39	23.66	14.34	13.16	12.58
Total Non-Interest Income	26.47	23.39	23.66	24.37	23.65	21.54
Non-Interest Income Growth (YoY)	13.48%	-1.15%	-2.90%	3.06%	9.80%	-11.13%
Revenues Before Loan Losses	113.84	104.65	114.15	123.5	117.19	117.91
Provision for Loan Losses	-5.8	-5.8	-	-	2	1.8
Revenue	119.64	110.45	114.15	123.5	115.19	116.11
Revenue Growth (YoY)	13.63%	-3.24%	-7.57%	7.21%	-0.79%	-4.15%
Salaries and Employee Benefits	42.51	42.78	49.51	40.28	35.62	38.92
Occupancy Expenses	-	-	-	7.62	7.92	7.84
Federal Deposit Insurance	-	-	-	0.99	0.71	0.28
Selling, General & Administrative	-	-	-	7.86	6.54	7.08
Other Non-Interest Expense	34.79	34.09	36.93	16.67	13.86	14.53
Total Non-Interest Expense	77.3	76.87	86.44	73.42	64.65	68.64
EBT Excluding Unusual Items	42.34	33.58	27.71	50.09	50.55	47.47
Pretax Income	42.34	33.58	27.71	50.09	50.55	47.47
Income Tax Expense	12.32	9.73	7.52	12.61	14.14	13.77
Net Income	30.02	23.85	20.19	37.48	36.41	33.7
Net Income to Common	30.02	23.85	20.19	37.48	36.41	33.7
Net Income Growth	37.59%	18.13%	-46.12%	2.94%	8.04%	-7.68%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
EPS (Basic)	17.51	13.91	11.78	21.86	21.24	19.66
EPS (Diluted)	17.51	13.91	11.78	21.86	21.24	19.66
EPS Growth	37.59%	18.13%	-46.12%	2.94%	8.04%	-7.68%
Dividend Per Share	5.200	5.200	5.200	4.900	4.800	4.800
Dividend Growth	-	-	6.12%	2.08%	-	9.09%
Effective Tax Rate	29.09%	28.96%	27.13%	25.17%	27.97%	29.01%

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