FS Bancorp 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	55.58	51.21	46.8	40.27	31.99	29.59
Interest Income on Investments	10.96	12.55	12.37	9.62	7.17	4.63
Total Interest Income	66.54	63.76	59.17	49.89	39.15	34.22
Interest Paid on Deposits	16.26	18.79	19.65	14.25	3.73	1.12
Interest Paid on Borrowings	0.53	0.39	0.33	0.66	0.04	0.31
Total Interest Expense	16.79	19.18	19.98	14.91	3.77	1.43
Net Interest Income	49.75	44.58	39.2	34.98	35.38	32.79
Net Interest Income Growth	16.06%	13.74%	12.05%	-1.14%	7.91%	3.03%
Mortgage Banking Activities	0.26	0.19	0.14	-	0.39	0.81
Gain (Loss) on Sale of Investments	0	0.02	-0.02	-2.95	-0.03	0.53
Other Non-Interest Income	1.18	1.27	1.21	1.15	0.83	1.22
Total Non-Interest Income	6.68	6.95	6.69	3.65	6.61	7.64
Non-Interest Income Growth	-3.54%	3.81%	83.11%	-44.75%	-13.46%	27.58%
Revenues Before Loan Losses	56.43	51.53	45.89	38.63	42	40.43
Provision for Loan Losses	0.88	0.97	0.22	0.19	0.16	-
Revenue	55.55	50.56	45.67	38.44	41.84	40.43
Revenue Growth	12.48%	10.71%	18.80%	-8.11%	3.47%	8.01%
Salaries and Employee Benefits	15.11	13.93	13.58	13.23	12.5	12.5
Occupancy Expenses	2.18	2.11	1.9	1.94	1.97	1.96
Selling, General & Administrative	3.64	3.43	3.37	2.37	2.64	2.84
Other Non-Interest Expense	5.79	6.31	5.98	5.68	5.12	4.74
Total Non-Interest Expense	26.73	25.78	24.82	23.22	22.22	22.03
EBT Excluding Unusual Items	28.83	24.78	20.84	15.22	19.62	18.41
Pretax Income	28.83	24.78	20.84	15.22	19.62	18.41
Income Tax Expense	5.08	4.25	3.57	2.27	3.15	2.94
Net Income	23.75	20.53	17.28	12.95	16.47	15.46
Net Income to Common	23.75	20.53	17.28	12.95	16.47	15.46
Net Income Growth	19.66%	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	-0.74%	-2.58%	-0.87%	-0.73%	-0.63%	-0.81%
EPS (Basic)	5.77	4.97	4.06	3.02	3.82	3.57
EPS (Diluted)	5.74	4.94	4.05	3.01	3.80	3.54
EPS Growth	20.55%	21.98%	34.55%	-20.79%	7.19%	8.91%

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	-	-	1.060	0.820	-	0.730
Dividend Growth	-	-	29.27%	-	-	-
Effective Tax Rate	17.63%	17.15%	17.12%	14.92%	16.03%	15.99%