FS Bancorp (FXLG)

FS Bancorp Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	52.29	51.21	46.8	40.27	31.99	29.59
Interest Income on Investments	12.45	12.55	12.37	9.62	7.17	4.63
Total Interest Income	64.74	63.76	59.17	49.89	39.15	34.22
Interest Paid on Deposits	18.03	18.79	19.65	14.25	3.73	1.12
Interest Paid on Borrowings	0.39	0.39	0.33	0.66	0.04	0.31
Total Interest Expense	18.42	19.18	19.98	14.91	3.77	1.43
Net Interest Income	46.32	44.58	39.2	34.98	35.38	32.79
Net Interest Income Growth (YoY)	15.34%	13.74%	12.05%	-1.14%	7.91%	3.03%
Mortgage Banking Activities	0.18	0.19	0.14	-	0.39	0.81
Gain (Loss) on Sale of Investments	-0.01	0.02	-0.02	-2.95	-0.03	0.53
Other Non-Interest Income	1.25	1.27	1.21	1.15	0.83	1.22
Total Non-Interest Income	6.82	6.95	6.69	3.65	6.61	7.64
Non-Interest Income Growth (YoY)	1.41%	3.81%	83.11%	-44.75%	-13.46%	27.58%
Revenues Before Loan Losses	53.13	51.53	45.89	38.63	42	40.43
Provision for Loan Losses	0.95	0.97	0.22	0.19	0.16	-
Revenue	52.19	50.56	45.67	38.44	41.84	40.43
Revenue Growth (YoY)	11.91%	10.71%	18.80%	-8.11%	3.47%	8.01%
Salaries and Employee Benefits	14.29	13.93	13.58	13.23	12.5	12.5
Occupancy Expenses	2.12	2.11	1.9	1.94	1.97	1.96
Selling, General & Administrative	3.52	3.43	3.37	2.37	2.64	2.84
Other Non-Interest Expense	6.34	6.31	5.98	5.68	5.12	4.74
Total Non-Interest Expense	26.27	25.78	24.82	23.22	22.22	22.03
EBT Excluding Unusual Items	25.92	24.78	20.84	15.22	19.62	18.41
Pretax Income	25.92	24.78	20.84	15.22	19.62	18.41
Income Tax Expense	4.46	4.25	3.57	2.27	3.15	2.94
Net Income	21.46	20.53	17.28	12.95	16.47	15.46
Net Income to Common	21.46	20.53	17.28	12.95	16.47	15.46
Net Income Growth	19.02%	18.82%	33.38%	-21.37%	6.52%	8.03%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	-2.38%	-2.58%	-0.87%	-0.73%	-0.63%	-0.81%
EPS (Basic)	5.20	4.97	4.06	3.02	3.82	3.57
EPS (Diluted)	5.18	4.94	4.05	3.01	3.80	3.54
EPS Growth	21.92%	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	17.21%	17.15%	17.12%	14.92%	16.03%	15.99%

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