Honat Bancorp, Inc. (HONT)

Honat 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	45.55	37.11	27.99	26.87	26.71
Interest Income on Investments	6.54	5.61	4.98	2.12	2.58
Total Interest Income	52.09	42.72	32.97	28.99	29.3
Interest Paid on Deposits	15.9	8.62	1.41	1.28	2.77
Interest Paid on Borrowings	-	0.07	0.06	0.03	0.05
Total Interest Expense	15.9	8.69	1.47	1.3	2.83
Net Interest Income	36.19	34.03	31.5	27.68	26.47
Net Interest Income Growth (YoY)	6.35%	8.01%	13.81%	4.57%	3.35%
Trust Income	0.78	0.69	0.65	0.7	0.58
Mortgage Banking Activities	0.61	0.55	0.88	2.76	3.25
Gain (Loss) on Sale of Assets	-	0.12	-	-	-
Gain (Loss) on Sale of Investments	-	0.4	-0.6	0.14	-0.09
Other Non-Interest Income	4.07	3.94	3.98	3.81	3.02
Total Non-Interest Income	5.46	5.7	4.91	7.41	6.76
Non-Interest Income Growth (YoY)	-4.25%	15.93%	-33.67%	9.54%	39.53%
Revenues Before Loan Losses	41.64	39.72	36.42	35.09	33.24
Provision for Loan Losses	0.95	0.65	0.3	0.6	1.58
Revenue	40.69	39.07	36.12	34.49	31.66
Revenue Growth (YoY)	4.14%	8.19%	4.72%	8.94%	9.23%
Salaries and Employee Benefits	14.08	12.96	12.42	11.51	11.69
Occupancy Expenses	-	-	-	1.11	1.12
Federal Deposit Insurance	0.44	0.41	0.26	0.22	0.13
Selling, General & Administrative	6.27	5.53	5.95	3.93	3.65
Other Non-Interest Expense	3.66	4.03	3.76	3.5	3.5
Total Non-Interest Expense	24.88	23.5	23.72	21.46	20.45
EBT Excluding Unusual Items	15.81	15.58	12.4	13.03	11.21
Other Unusual Items	-	-	3.48	-	-
Pretax Income	15.81	15.58	15.88	13.03	11.21
Income Tax Expense	2.81	2.71	2.73	2.11	1.83
Net Income	13	12.87	13.15	10.93	9.38
Net Income to Common	13	12.87	13.15	10.93	9.38
Net Income Growth	1.05%	-2.14%	20.34%	16.45%	4.15%
Basic Shares Outstanding	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1
Shares Change (YoY)	-0.74%	-0.29%	0.02%	-0.93%	-0.65%
EPS (Basic)	9.06	8.90	9.07	7.54	6.41
EPS (Diluted)	9.06	8.90	9.07	7.54	6.41
EPS Growth	1.80%	-1.85%	20.31%	17.54%	4.83%
Dividend Per Share	2.780	2.660	2.540	2.200	1.860
Dividend Growth	4.51%	4.72%	15.46%	18.28%	4.49%
Effective Tax Rate	17.77%	17.40%	17.20%	16.17%	16.34%

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.