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	Sep '26 Sep 30, 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	101.71	96.07	89.1	81.92	71.44	77.88
Interest Income on Investments	30.84	32.73	35.62	33.63	29.77	17.43
Total Interest Income	132.55	128.8	124.72	115.55	101.21	95.31
Interest Paid on Deposits	33.4	36.51	33.26	16.72	2.04	1.76
Interest Paid on Borrowings	1.45	1.81	10.2	8.34	0.04	-
Total Interest Expense	34.85	38.32	43.46	25.06	2.08	1.76
Net Interest Income	97.71	90.48	81.26	90.49	99.14	93.55
Net Interest Income Growth	11.83%	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	13.58	15.07	13.05	23.66	14.34	13.16
Total Non-Interest Income	25.32	26.81	23.39	23.66	24.37	23.65
Non-Interest Income Growth	-4.35%	14.66%	-1.16%	-2.90%	3.06%	9.80%
Revenues Before Loan Losses	123.03	117.29	104.65	114.15	123.5	117.19
Provision for Loan Losses	0.5	-	-5.8	-	-	2
Revenue	122.53	117.29	110.45	114.15	123.5	115.19
Revenue Growth	2.41%	6.20%	-3.24%	-7.57%	7.21%	-0.79%
Salaries and Employee Benefits	45.86	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	20.94	19.98	19.19	36.93	16.67	13.86
Total Non-Interest Expense	81.77	78.34	76.87	86.44	73.42	64.65
EBT Excluding Unusual Items	40.76	38.95	33.58	27.71	50.09	50.55
Pretax Income	40.76	38.95	33.58	27.71	50.09	50.55
Income Tax Expense	8.33	8.98	9.73	7.52	12.61	14.14
Net Income	32.43	29.97	23.85	20.19	37.48	36.41
Net Income to Common	32.43	29.97	23.85	20.19	37.48	36.41
Net Income Growth	8.02%	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
Shares Change	-	-	-	-	-	-
EPS (Basic)	18.91	17.48	13.91	11.78	21.86	21.24
EPS (Diluted)	18.91	17.48	13.91	11.78	21.86	21.24
EPS Growth	8.02%	25.64%	18.13%	-46.12%	2.94%	8.04%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Dividend Per Share	5.300	5.200	5.200	5.200	4.900	4.800
Dividend Growth	1.92%	0%	0%	6.12%	2.08%	0%
Effective Tax Rate	20.44%	23.06%	28.96%	27.13%	25.17%	27.97%