FS Bancorp 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	51.21	46.8	40.27	31.99	29.59
Interest Income on Investments	12.55	12.37	9.62	7.17	4.63
Total Interest Income	63.76	59.17	49.89	39.15	34.22
Interest Paid on Deposits	18.79	19.65	14.25	3.73	1.12
Interest Paid on Borrowings	0.39	0.33	0.66	0.04	0.31
Total Interest Expense	19.18	19.98	14.91	3.77	1.43
Net Interest Income	44.58	39.2	34.98	35.38	32.79
Net Interest Income Growth (YoY)	13.74%	12.05%	-1.14%	7.91%	3.03%
Mortgage Banking Activities	0.19	0.14	-	0.39	0.81
Gain (Loss) on Sale of Investments	0.02	-0.02	-2.95	-0.03	0.53
Other Non-Interest Income	1.27	1.21	1.15	0.83	1.22
Total Non-Interest Income	6.95	6.69	3.65	6.61	7.64
Non-Interest Income Growth (YoY)	3.81%	83.11%	-44.75%	-13.46%	27.58%
Revenues Before Loan Losses	51.53	45.89	38.63	42	40.43
Provision for Loan Losses	0.97	0.22	0.19	0.16	-
Revenue	50.56	45.67	38.44	41.84	40.43
Revenue Growth (YoY)	10.71%	18.80%	-8.11%	3.47%	8.01%
Salaries and Employee Benefits	13.93	13.58	13.23	12.5	12.5
Occupancy Expenses	2.11	1.9	1.94	1.97	1.96
Selling, General & Administrative	3.43	3.37	2.37	2.64	2.84
Other Non-Interest Expense	6.31	5.98	5.68	5.12	4.74
Total Non-Interest Expense	25.78	24.82	23.22	22.22	22.03
EBT Excluding Unusual Items	24.78	20.84	15.22	19.62	18.41
Pretax Income	24.78	20.84	15.22	19.62	18.41
Income Tax Expense	4.25	3.57	2.27	3.15	2.94
Net Income	20.53	17.28	12.95	16.47	15.46
Net Income to Common	20.53	17.28	12.95	16.47	15.46
Net Income Growth	18.82%	33.38%	-21.37%	6.52%	8.03%
Basic Shares Outstanding	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4
Shares Change (YoY)	-2.58%	-0.87%	-0.73%	-0.63%	-0.81%
EPS (Basic)	4.97	4.06	3.02	3.82	3.57
EPS (Diluted)	4.94	4.05	3.01	3.80	3.54
EPS Growth	21.98%	34.55%	-20.79%	7.19%	8.91%
Dividend Per Share	-	1.060	0.820	-	0.730
Dividend Growth	-	29.27%	-	-	-
Effective Tax Rate	17.15%	17.12%	14.92%	16.03%	15.99%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.