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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	58.85	58.05	51.26	36.65	21.46	18.9
Interest Income on Investments	13.96	13.19	11.22	8.92	4.29	2.87
Total Interest Income	72.81	71.24	62.48	45.57	25.75	21.77
Interest Paid on Deposits	24.31	24.07	14.05	2.12	1.11	1.6
Interest Paid on Borrowings	2.24	2.65	4.77	1.41	0.5	0.52
Total Interest Expense	26.55	26.71	18.82	3.53	1.61	2.12
Net Interest Income	46.27	44.53	43.66	42.04	24.14	19.66
Net Interest Income Growth (YoY)	7.45%	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	0.01	0.01	-1.64	-0.51	0.16	1.63
Other Non-Interest Income	4.63	4.3	2.87	2.58	1.68	1.08
Total Non-Interest Income	8.75	9.89	3.49	3.73	3.49	3.37
Non-Interest Income Growth (YoY)	44.72%	183.71%	-6.42%	6.61%	3.77%	104.68%
Revenues Before Loan Losses	55.02	54.42	47.15	45.76	27.63	23.02
Provision for Loan Losses	2.02	2.51	0.77	2.23	1.12	1.14
Revenue	53	51.91	46.37	43.53	26.51	21.88
Revenue Growth (YoY)	12.53%	11.95%	6.52%	64.19%	21.17%	46.05%
Salaries and Employee Benefits	20.68	21.19	17.7	15.92	13.3	11.27
Occupancy Expenses	0.92	0.8	1.34	1.63	1.17	1.18
Amortization of Goodwill & Intangibles	1.4	1.51	1.73	1.45	0.62	0.7
Selling, General & Administrative	11.87	11.64	10.22	8.27	5.82	5.41
Other Non-Interest Expense	3.84	3.62	3.54	2.64	1.83	1.67
Total Non-Interest Expense	38.7	38.76	34.52	29.9	22.73	20.24
EBT Excluding Unusual Items	14.29	13.15	11.86	13.63	3.79	1.64
Pretax Income	14.29	13.15	11.86	11.12	3.49	1.64
Income Tax Expense	3.19	2.91	3.05	2.3	0.75	0.37
Net Income	11.11	10.24	8.81	8.81	2.75	1.28
Net Income to Common	11.11	10.24	8.81	8.81	2.75	1.28
Net Income Growth	51.66%	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)	0.12%	0.25%	11.63%	34.59%	9.07%	3.43%
EPS (Basic)	0.94	0.87	0.75	0.84	0.36	0.18
EPS (Diluted)	0.93	0.86	0.74	0.82	0.35	0.18
EPS Growth	51.21%	16.22%	-9.76%	134.29%	94.99%	-
Effective Tax Rate	22.30%	22.12%	25.68%	20.72%	21.32%	22.28%

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