FFB Bancorp (FFBB)

FFB 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	69.52	66.83	56.1	39.67	34.53	24.66
Interest Income on Investments	17.45	17.14	16.55	11.48	7.03	4.07
Total Interest Income	86.97	83.96	72.66	51.14	41.56	28.74
Interest Paid on Deposits	12.09	11.72	6.75	1.07	0.86	0.96
Interest Paid on Borrowings	2.07	2.2	2.37	1.99	1.86	0.33
Total Interest Expense	14.16	13.92	9.12	3.06	2.72	1.29
Net Interest Income	72.81	70.04	63.53	48.09	38.84	27.44
Net Interest Income Growth (YoY)	12.20%	10.25%	32.12%	23.82%	41.52%	24.10%
Mortgage Banking Activities	27.06	25.27	20.93	8.44	4	3.96
Gain (Loss) on Sale of Investments	-0.93	-1.3	-3.14	-0.31	0.3	0.06
Other Non-Interest Income	1.45	1.38	1.8	0.84	0.61	0.63
Total Non-Interest Income	34.05	31.95	25.05	13.34	9.97	7.07
Non-Interest Income Growth (YoY)	21.77%	27.56%	87.76%	33.77%	40.99%	74.63%
Revenues Before Loan Losses	106.86	101.99	88.58	61.43	48.81	34.52
Provision for Loan Losses	3.89	3.1	1.75	0.3	2	3.3
Revenue	102.97	98.89	86.83	61.13	46.81	31.22
Revenue Growth (YoY)	13.23%	13.89%	42.05%	30.58%	49.95%	22.33%
Salaries and Employee Benefits	24.2	22.72	17.49	13.05	9.95	9.26
Occupancy Expenses	0.78	0.78	0.76	0.41	0.26	0.29
Federal Deposit Insurance	0.83	0.83	0.67	0.43	0.28	0.3
Selling, General & Administrative	11	11.03	9.41	7.6	5.48	4.09
Other Non-Interest Expense	18.94	16.62	12.28	3.57	2.62	1.56
Total Non-Interest Expense	55.76	51.99	40.61	25.06	18.59	15.51
EBT Excluding Unusual Items	47.21	46.9	46.22	36.07	28.22	15.71
Pretax Income	47.21	46.9	46.22	36.07	28.22	15.71
Income Tax Expense	12.75	12.75	12.66	9.55	7.69	4.2
Net Income	34.46	34.15	33.56	26.52	20.53	11.51
Net Income to Common	34.46	34.15	33.56	26.52	20.53	11.51
Net Income Growth	2.39%	1.75%	26.53%	29.20%	78.31%	25.11%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	0.39%	0.20%	1.15%	1.36%	2.14%	1.76%
EPS (Basic)	10.86	10.76	10.57	8.51	6.69	3.84
EPS (Diluted)	10.81	10.72	10.56	8.44	6.62	3.79
EPS Growth	1.99%	1.52%	25.12%	27.49%	74.67%	22.65%
Effective Tax Rate	27.02%	27.18%	27.40%	26.47%	27.26%	26.71%

Updated Jan 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.