FFMH 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	56.59	56	56.42	49.18	38.96	38.49
Interest Income on Investments	12.48	11.81	11.71	11.57	12.26	9.05
Total Interest Income	69.07	67.81	68.13	60.75	51.22	47.54
Interest Paid on Deposits	13.26	14.1	17.04	14.36	2.83	2.38
Interest Paid on Borrowings	0.06	0.11	6.03	2.04	0.41	0
Total Interest Expense	13.33	14.21	23.07	16.4	3.24	2.38
Net Interest Income	55.74	53.6	45.06	44.36	47.98	45.16
Net Interest Income Growth (YoY)	18.39%	18.95%	1.59%	-7.56%	6.26%	3.74%
Trust Income	4.89	4.79	4.71	4.33	4.16	4.05
Mortgage Banking Activities	0.27	0.19	0.17	0.13	0.61	1.44
Gain (Loss) on Sale of Assets	0.23	0.23	0.15	0.01	-	-
Gain (Loss) on Sale of Investments	0.11	0.14	0.03	-0.7	0.02	2.67
Other Non-Interest Income	1.91	1.95	1.89	1.93	1.7	1.53
Total Non-Interest Income	13.78	13.67	13.83	12.87	14.15	16.78
Non-Interest Income Growth (YoY)	1.76%	-1.11%	7.44%	-9.03%	-15.71%	23.16%
Revenues Before Loan Losses	69.52	67.28	58.89	57.22	62.13	61.94
Provision for Loan Losses	0.06	0.33	-0.16	-0.49	-0.32	-0.15
Revenue	69.46	66.95	59.05	57.71	62.45	62.09
Revenue Growth (YoY)	14.77%	13.38%	2.31%	-7.58%	0.58%	9.98%
Salaries and Employee Benefits	26.66	26.07	22.22	21.58	23.12	28
Occupancy Expenses	4.33	4.3	3.9	4.24	4.45	4.69
Federal Deposit Insurance	0.81	0.8	0.9	0.92	0.68	0.64
Selling, General & Administrative	10.23	10.2	9.56	8.92	9.16	8.39
Other Non-Interest Expense	3.23	3.08	3	2.91	2.77	2.76
Total Non-Interest Expense	45.28	44.47	39.6	38.59	40.18	44.48
EBT Excluding Unusual Items	24.18	22.48	19.45	19.12	22.27	17.61
Other Unusual Items	0	0.29	0	0.33	-	1.5
Pretax Income	24.18	22.77	19.45	19.45	22.27	19.11
Income Tax Expense	4.56	4.15	3.42	3.4	4.22	3.49
Net Income	19.62	18.62	16.04	16.05	18.05	15.62
Net Income to Common	19.62	18.62	16.04	16.05	18.05	15.62
Net Income Growth	14.90%	16.13%	-0.09%	-11.09%	15.56%	10.04%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	-2.15%	-2.57%	-2.52%	-1.80%	-0.92%	-0.41%
EPS (Basic)	4.91	4.65	3.90	3.80	4.19	3.59
EPS (Diluted)	4.91	4.64	3.89	3.80	4.19	3.59
EPS Growth	17.68%	19.28%	2.48%	-9.41%	16.58%	10.49%
Dividend Per Share	0.850	1.120	1.020	0.950	0.880	0.840
Dividend Growth	-19.05%	9.80%	7.37%	7.95%	4.76%	-
Effective Tax Rate	18.85%	18.23%	17.57%	17.49%	18.94%	18.25%

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