Golden State Bancorp (GSBX)

Golden State Bancorp Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	47.83	36.8	28.35	22.12	16.84
Interest Income on Investments	7.4	6.7	2.34	0.28	0.5
Total Interest Income	55.23	43.5	30.69	22.39	17.34
Interest Paid on Deposits	24.45	15.28	4.8	3.84	4.99
Interest Paid on Borrowings	1.51	1.42	0.94	1.07	0.74
Total Interest Expense	25.96	16.7	5.74	4.92	5.73
Net Interest Income	29.27	26.8	24.95	17.48	11.6
Net Interest Income Growth (YoY)	9.22%	7.42%	42.75%	50.61%	-7.42%
Other Non-Interest Income	0.01	0.01	0.25	0.24	0.08
Total Non-Interest Income	0.33	0.22	0.26	0.24	0.08
Non-Interest Income Growth (YoY)	53.50%	-17.14%	9.21%	218.67%	-77.49%
Revenues Before Loan Losses	29.61	27.02	25.21	17.72	11.68
Provision for Loan Losses	2.84	1.01	2.04	1.6	0.91
Revenue	26.77	26	23.17	16.12	10.77
Revenue Growth (YoY)	2.94%	12.21%	43.72%	49.76%	-13.29%
Salaries and Employee Benefits	10.08	8.91	7.13	6.26	6.05
Occupancy Expenses	0.58	0.53	0.36	0.3	0.25
Selling, General & Administrative	0.54	0.45	0.74	0.51	0.57
Other Non-Interest Expense	5.57	5.31	4.07	3.97	4.63
Total Non-Interest Expense	16.77	15.21	12.3	11.05	11.5
EBT Excluding Unusual Items	10	10.8	10.87	5.07	-0.74
Pretax Income	10.31	10.8	10.87	5.07	-0.74
Income Tax Expense	2.19	3.17	3.19	1.52	-0.16
Net Income	8.12	7.62	7.69	3.55	-0.57
Net Income to Common	8.12	7.62	7.69	3.55	-0.57
Net Income Growth	6.52%	-0.82%	116.32%	-	-
Basic Shares Outstanding	3	3	2	2	2
Diluted Shares Outstanding	3	3	2	2	2
Shares Change (YoY)	1.92%	8.46%	24.50%	7.94%	-1.30%
EPS (Basic)	3.02	2.96	3.22	1.90	-0.31
EPS (Diluted)	2.98	2.85	3.11	1.79	-0.31
EPS Growth	4.56%	-8.36%	73.74%	-	-
Effective Tax Rate	21.22%	29.40%	29.33%	29.99%	-

Updated Apr 23, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.