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	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	58.43	56	56.42	49.18	38.96	38.49
Interest Income on Investments	13.46	11.81	11.71	11.57	12.26	9.05
Total Interest Income	71.89	67.81	68.13	60.75	51.22	47.54
Interest Paid on Deposits	11.68	14.1	17.04	14.36	2.83	2.38
Interest Paid on Borrowings	0.26	0.11	6.03	2.04	0.41	0
Total Interest Expense	11.93	14.21	23.07	16.4	3.24	2.38
Net Interest Income	59.96	53.6	45.06	44.36	47.98	45.16
Net Interest Income Growth	16.41%	18.95%	1.59%	-7.56%	6.26%	3.74%
Trust Income	5.2	4.79	4.71	4.33	4.16	4.05
Mortgage Banking Activities	0.37	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	0.07	0.14	0.03	-0.7	0.02	2.67
Other Non-Interest Income	1.63	1.95	1.89	1.93	1.7	1.53
Total Non-Interest Income	13.83	13.67	13.83	12.87	14.15	16.78
Non-Interest Income Growth	-0.40%	-1.11%	7.44%	-9.03%	-15.71%	23.16%
Revenues Before Loan Losses	73.78	67.28	58.89	57.22	62.13	61.94
Provision for Loan Losses	0.57	0.33	-0.16	-0.49	-0.32	-0.15
Revenue	73.21	66.95	59.05	57.71	62.45	62.09
Revenue Growth	12.04%	13.38%	2.31%	-7.58%	0.58%	9.98%
Salaries and Employee Benefits	28.26	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	10.69	10.2	9.56	8.92	9.16	8.39
Other Non-Interest Expense	3.15	3.08	3	2.91	2.77	2.76
Total Non-Interest Expense	47.26	44.47	39.6	38.59	40.18	44.48
EBT Excluding Unusual Items	25.95	22.48	19.45	19.12	22.27	17.61
Other Unusual Items	0.29	0.29	0	0.33	-	1.5
Pretax Income	26.23	22.77	19.45	19.45	22.27	19.11
Income Tax Expense	4.94	4.15	3.42	3.4	4.22	3.49
Net Income	21.29	18.62	16.04	16.05	18.05	15.62
Net Income to Common	21.29	18.62	16.04	16.05	18.05	15.62
Net Income Growth	13.24%	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	-1.70%	-2.57%	-2.52%	-1.80%	-0.92%	-0.41%
EPS (Basic)	5.37	4.65	3.90	3.80	4.19	3.59
EPS (Diluted)	5.37	4.64	3.89	3.80	4.19	3.59
EPS Growth	15.37%	19.28%	2.48%	-9.41%	16.58%	10.49%

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	1.190	1.120	1.020	0.950	0.880	0.840
Dividend Growth	8.18%	9.80%	7.37%	7.95%	4.76%	0%
Effective Tax Rate	18.83%	18.23%	17.57%	17.49%	18.94%	18.25%