FSMK Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	43.83	39.98	36.16	31.81	30
Interest Income on Investments	17.63	14.67	14.38	13.23	10.64
Total Interest Income	61.46	54.65	50.54	45.04	40.64
Interest Paid on Deposits	24.61	28.73	20.07	6.15	5.83
Interest Paid on Borrowings	6.68	3.61	5.08	2.01	1.03
Total Interest Expense	31.29	32.35	25.16	8.16	6.86
Net Interest Income	30.17	22.31	25.38	36.88	33.78
Net Interest Income Growth (YoY)	35.24%	-12.10%	-31.18%	9.17%	9.50%
Trust Income	2.41	2.3	2.07	2.02	1.77
Gain (Loss) on Sale of Assets	-	3.27	-	-	-
Gain (Loss) on Sale of Investments	0.18	-0.34	-0.57	-0.89	1.54
Other Non-Interest Income	3.18	3.79	3.59	2.86	2.69
Total Non-Interest Income	8.4	12.01	7.67	5.89	7.57
Non-Interest Income Growth (YoY)	-30.08%	56.56%	30.20%	-22.18%	68.20%
Revenues Before Loan Losses	38.57	34.32	33.05	42.77	41.35
Provision for Loan Losses	0.75	0.09	0.7	0.37	1.76
Revenue	37.81	34.23	32.35	42.4	39.6
Revenue Growth (YoY)	10.47%	5.81%	-23.71%	7.09%	18.05%
Salaries and Employee Benefits	17.25	17.35	17.02	17.21	15.1
Occupancy Expenses	4.18	3.82	4.27	-	-
Federal Deposit Insurance	0.67	0.67	0.63	0.36	0.33
Selling, General & Administrative	5.59	5.55	4.19	5.99	5.56
Other Non-Interest Expense	4.58	4.2	4.46	5.45	5.41
Total Non-Interest Expense	32.26	31.59	30.57	29.32	26.72
EBT Excluding Unusual Items	5.55	2.64	1.78	13.09	12.88
Pretax Income	5.55	2.64	1.78	13.09	12.88
Income Tax Expense	0.21	-0.55	-0.87	1.58	1.57
Net Income	5.34	3.19	2.65	11.51	11.31
Net Income to Common	5.34	3.19	2.65	11.51	11.31
Net Income Growth	67.18%	20.67%	-77.02%	1.84%	37.36%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	-2.60%	-0.45%	0.05%	-0.01%	-0.27%
EPS (Basic)	2.51	1.46	1.21	5.26	5.16
EPS (Diluted)	2.51	1.46	1.21	5.26	5.16
EPS Growth	71.64%	21.22%	-77.03%	1.85%	37.73%
Dividend Per Share	1.720	1.720	1.720	1.710	1.670
Dividend Growth	-	-	0.58%	2.40%	3.73%
Effective Tax Rate	3.84%	-	-	12.03%	12.20%

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