InBankshares, Corp (INBC)

InBankshares, 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	59.44	58.05	51.26	36.65	21.46	18.9
Interest Income on Investments	14.33	13.19	11.22	8.92	4.29	2.87
Total Interest Income	73.76	71.24	62.48	45.57	25.75	21.77
Interest Paid on Deposits	23.69	24.07	14.05	2.12	1.11	1.6
Interest Paid on Borrowings	2.25	2.65	4.77	1.41	0.5	0.52
Total Interest Expense	25.94	26.71	18.82	3.53	1.61	2.12
Net Interest Income	47.83	44.53	43.66	42.04	24.14	19.66
Net Interest Income Growth (YoY)	9.47%	1.99%	3.86%	74.14%	22.80%	41.55%
Mortgage Banking Activities	-	-	-	-	0.5	0.26
Gain (Loss) on Sale of Assets	0.08	0.08	0.01	0.22	-0.01	-
Gain (Loss) on Sale of Investments	-0.03	0.01	-1.64	-0.51	0.16	1.63
Other Non-Interest Income	4.86	4.3	2.87	2.58	1.68	1.08
Total Non-Interest Income	8.23	9.89	3.49	3.73	3.49	3.37
Non-Interest Income Growth (YoY)	13.82%	183.71%	-6.42%	6.61%	3.77%	104.68%
Revenues Before Loan Losses	56.06	54.42	47.15	45.76	27.63	23.02
Provision for Loan Losses	4.44	2.51	0.77	2.23	1.12	1.14
Revenue	51.62	51.91	46.37	43.53	26.51	21.88
Revenue Growth (YoY)	6.41%	11.95%	6.52%	64.19%	21.17%	46.05%
Salaries and Employee Benefits	19.97	21.19	17.7	15.92	13.3	11.27
Occupancy Expenses	0.99	0.8	1.34	1.63	1.17	1.18
Amortization of Goodwill & Intangibles	1.34	1.51	1.73	1.45	0.62	0.7
Selling, General & Administrative	11.72	11.64	10.22	8.27	5.82	5.41
Other Non-Interest Expense	4.04	3.62	3.54	2.64	1.83	1.67
Total Non-Interest Expense	38.06	38.76	34.52	29.9	22.73	20.24
EBT Excluding Unusual Items	13.56	13.15	11.86	13.63	3.79	1.64
Pretax Income	13.56	13.15	11.86	11.12	3.49	1.64
Income Tax Expense	2.93	2.91	3.05	2.3	0.75	0.37
Net Income	10.63	10.24	8.81	8.81	2.75	1.28
Net Income to Common	10.63	10.24	8.81	8.81	2.75	1.28
Net Income Growth	43.50%	16.25%	-0.03%	220.63%	115.27%	-
Basic Shares Outstanding	12	12	12	10	8	7
Diluted Shares Outstanding	12	12	12	11	8	7
Shares Change (YoY)	0.19%	0.25%	11.63%	34.59%	9.07%	3.43%
EPS (Basic)	0.90	0.87	0.75	0.84	0.36	0.18
EPS (Diluted)	0.89	0.86	0.74	0.82	0.35	0.18
EPS Growth	43.02%	16.22%	-9.76%	134.29%	94.99%	-
Effective Tax Rate	21.63%	22.12%	25.68%	20.72%	21.32%	22.28%

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