FS Bancorp (FXLG)

FS 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	49.87	46.8	40.27	31.99	29.59	31.5
Interest Income on Investments	12.93	12.37	9.62	7.17	4.63	3.56
Total Interest Income	62.8	59.17	49.89	39.15	34.22	35.06
Interest Paid on Deposits	19.54	19.65	14.25	3.73	1.12	2.55
Interest Paid on Borrowings	0.39	0.33	0.66	0.04	0.31	0.68
Total Interest Expense	19.93	19.98	14.91	3.77	1.43	3.24
Net Interest Income	42.86	39.2	34.98	35.38	32.79	31.83
Net Interest Income Growth (YoY)	13.24%	12.05%	-1.14%	7.91%	3.03%	8.42%
Mortgage Banking Activities	0.18	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	1.25	1.21	1.15	0.83	1.22	4.46
Total Non-Interest Income	6.93	6.69	3.65	6.61	7.64	5.99
Non-Interest Income Growth (YoY)	95.54%	83.11%	-44.75%	-13.46%	27.58%	0.64%
Revenues Before Loan Losses	49.79	45.89	38.63	42	40.43	37.82
Provision for Loan Losses	0.4	0.22	0.19	0.16	-	0.38
Revenue	49.39	45.67	38.44	41.84	40.43	37.44
Revenue Growth (YoY)	19.96%	18.80%	-8.11%	3.47%	8.01%	6.75%
Salaries and Employee Benefits	13.77	13.58	13.23	12.5	12.5	11.8
Occupancy Expenses	2.04	1.9	1.94	1.97	1.96	1.03
Selling, General & Administrative	3.34	3.37	2.37	2.64	2.84	2.9
Other Non-Interest Expense	6.27	5.98	5.68	5.12	4.74	4.54
Total Non-Interest Expense	25.41	24.82	23.22	22.22	22.03	20.26
EBT Excluding Unusual Items	23.98	20.84	15.22	19.62	18.41	17.18
Pretax Income	23.98	20.84	15.22	19.62	18.41	17.18
Income Tax Expense	4.14	3.57	2.27	3.15	2.94	2.87
Net Income	19.84	17.28	12.95	16.47	15.46	14.31
Net Income to Common	19.84	17.28	12.95	16.47	15.46	14.31
Net Income Growth	39.12%	33.38%	-21.37%	6.52%	8.03%	8.27%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	-2.46%	-0.87%	-0.73%	-0.63%	-0.81%	-0.55%
EPS (Basic)	4.77	4.06	3.02	3.82	3.57	3.28
EPS (Diluted)	4.76	4.05	3.01	3.80	3.54	3.25
EPS Growth	42.63%	34.55%	-20.79%	7.19%	8.91%	8.86%
Dividend Per Share	0.220	1.060	0.820	-	0.730	-
Dividend Growth	-79.05%	29.27%	-	-	-	-
Effective Tax Rate	17.25%	17.12%	14.92%	16.03%	15.99%	16.68%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.