Exchange Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	98.51	96.07	89.1	81.92	71.44	77.88
Interest Income on Investments	32.54	32.73	35.62	33.63	29.77	17.43
Total Interest Income	131.06	128.8	124.72	115.55	101.21	95.31
Interest Paid on Deposits	35.44	36.51	33.26	16.72	2.04	1.76
Interest Paid on Borrowings	1.62	1.81	10.2	8.34	0.04	-
Total Interest Expense	37.06	38.32	43.46	25.06	2.08	1.76
Net Interest Income	94	90.48	81.26	90.49	99.14	93.55
Net Interest Income Growth (YoY)	14.82%	11.34%	-10.20%	-8.72%	5.97%	-2.94%
Trust Income	11.74	11.74	10.33	-	10.02	10.48
Other Non-Interest Income	15	15.07	13.05	23.66	14.34	13.16
Total Non-Interest Income	26.74	26.81	23.39	23.66	24.37	23.65
Non-Interest Income Growth (YoY)	11.04%	14.66%	-1.16%	-2.90%	3.06%	9.80%
Revenues Before Loan Losses	120.74	117.29	104.65	114.15	123.5	117.19
Provision for Loan Losses	-	-	-5.8	-	-	2
Revenue	120.74	117.29	110.45	114.15	123.5	115.19
Revenue Growth (YoY)	8.04%	6.20%	-3.24%	-7.57%	7.21%	-0.79%
Salaries and Employee Benefits	44.12	43.4	42.68	49.51	40.28	35.62
Occupancy Expenses	7.97	7.97	7.77	-	7.62	7.92
Federal Deposit Insurance	1.53	1.53	1.53	-	0.99	0.71
Selling, General & Administrative	5.46	5.46	5.7	-	7.86	6.54
Other Non-Interest Expense	20.1	19.98	19.19	36.93	16.67	13.86
Total Non-Interest Expense	79.19	78.34	76.87	86.44	73.42	64.65
EBT Excluding Unusual Items	41.55	38.95	33.58	27.71	50.09	50.55
Pretax Income	41.55	38.95	33.58	27.71	50.09	50.55
Income Tax Expense	9.69	8.98	9.73	7.52	12.61	14.14
Net Income	31.86	29.97	23.85	20.19	37.48	36.41
Net Income to Common	31.86	29.97	23.85	20.19	37.48	36.41
Net Income Growth	29.54%	25.64%	18.13%	-46.12%	2.94%	8.04%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
EPS (Basic)	18.59	17.48	13.91	11.78	21.86	21.24
EPS (Diluted)	18.59	17.48	13.91	11.78	21.86	21.24
EPS Growth	29.60%	25.64%	18.13%	-46.12%	2.94%	8.04%
Dividend Per Share	5.200	5.200	5.200	5.200	4.900	4.800
Dividend Growth	-	-	-	6.12%	2.08%	-
Effective Tax Rate	23.32%	23.06%	28.96%	27.13%	25.17%	27.97%

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