1st Colonial Bancorp, Inc. (FCOB)

1st Colonial Bancorp 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	38.56	37.75	36.01	27.67	23.33	20.51
Interest Income on Investments	4.66	4.66	3.31	2.2	1.6	2.04
Total Interest Income	43.22	42.41	39.32	29.87	24.94	22.55
Interest Paid on Deposits	15.76	15.87	11.03	2.69	2.25	3.89
Interest Paid on Borrowings	1.53	1.53	1.95	1.17	0.79	0.3
Total Interest Expense	17.29	17.4	12.97	3.86	3.04	4.19
Net Interest Income	25.93	25.01	26.35	26.01	21.9	18.36
Net Interest Income Growth (YoY)	3.22%	-5.08%	1.31%	18.77%	19.26%	-1.05%
Mortgage Banking Activities	0.72	0.72	0.51	0.6	0.97	0.53
Gain (Loss) on Sale of Investments	0.04	0.04	0.07	-	0.11	0.18
Other Non-Interest Income	2.03	1.04	0.96	1.86	1.22	0.84
Total Non-Interest Income	4.76	3.78	2.79	4.35	9.49	5.96
Non-Interest Income Growth (YoY)	43.18%	35.39%	-35.90%	-54.15%	59.31%	99.56%
Revenues Before Loan Losses	30.69	28.79	29.14	30.36	31.39	24.32
Provision for Loan Losses	0.47	-0.24	0.27	1.15	1.72	2.41
Revenue	30.22	29.03	28.87	29.21	29.67	21.91
Revenue Growth (YoY)	6.19%	0.56%	-1.17%	-1.56%	35.44%	22.56%
Salaries and Employee Benefits	10.85	10.85	10.95	10.96	12.3	9.63
Occupancy Expenses	0.95	0.95	0.93	0.91	0.9	0.68
Federal Deposit Insurance	0.4	0.4	0.51	0.37	0.29	0.36
Selling, General & Administrative	3.68	3.68	3.72	2.86	2.71	2.64
Other Non-Interest Expense	3.42	2.46	2.48	2.46	3.3	2.17
Total Non-Interest Expense	19.79	18.83	18.96	17.82	19.62	15.53
EBT Excluding Unusual Items	10.42	10.21	9.91	11.39	10.05	6.38
Pretax Income	10.42	10.21	9.91	11.39	10.05	6.38
Income Tax Expense	1.99	2.15	2.48	2.9	2.8	1.62
Net Income	8.43	8.06	7.43	8.5	7.26	4.76
Net Income to Common	8.43	8.06	7.43	8.5	7.26	4.76
Net Income Growth	12.67%	8.42%	-12.56%	17.09%	52.64%	47.49%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	1.44%	1.80%	0.03%	-2.56%	-0.94%	-0.65%
EPS (Basic)	1.77	1.69	1.58	1.82	1.49	0.96
EPS (Diluted)	1.71	1.64	1.54	1.76	1.47	0.95
EPS Growth	11.05%	6.49%	-12.50%	19.73%	54.74%	48.44%
Effective Tax Rate	19.10%	21.05%	25.05%	25.41%	27.81%	25.41%

Updated Jan 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.