InBankshares, Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	60.91	58.05	51.26	36.65	21.46
Interest Income on Investments	14.54	13.19	11.22	8.92	4.29
Total Interest Income	75.46	71.24	62.48	45.57	25.75
Interest Paid on Deposits	23.35	24.07	14.05	2.12	1.11
Interest Paid on Borrowings	2.7	2.65	4.77	1.41	0.5
Total Interest Expense	26.05	26.71	18.82	3.53	1.61
Net Interest Income	49.41	44.53	43.66	42.04	24.14
Net Interest Income Growth (YoY)	10.96%	1.99%	3.86%	74.14%	22.80%
Mortgage Banking Activities	-	-	-	-	0.5
Gain (Loss) on Sale of Assets	-	0.08	0.01	0.22	-0.01
Gain (Loss) on Sale of Investments	0.04	0.01	-1.64	-0.51	0.16
Other Non-Interest Income	7.16	4.3	2.87	2.58	1.68
Total Non-Interest Income	8.79	9.89	3.49	3.73	3.49
Non-Interest Income Growth (YoY)	-11.12%	183.71%	-6.42%	6.61%	3.77%
Revenues Before Loan Losses	58.2	54.42	47.15	45.76	27.63
Provision for Loan Losses	12.09	2.51	0.77	2.23	1.12
Revenue	46.11	51.91	46.37	43.53	26.51
Revenue Growth (YoY)	-11.17%	11.95%	6.52%	64.19%	21.17%
Salaries and Employee Benefits	20.79	21.19	17.7	15.92	13.3
Occupancy Expenses	2.57	0.8	1.34	1.63	1.17
Amortization of Goodwill & Intangibles	1.26	1.51	1.73	1.45	0.62
Selling, General & Administrative	5.38	11.64	10.22	8.27	5.82
Other Non-Interest Expense	8.19	3.62	3.54	2.64	1.83
Total Non-Interest Expense	38.2	38.76	34.52	29.9	22.73
EBT Excluding Unusual Items	7.92	13.15	11.86	13.63	3.79
Pretax Income	7.68	13.15	11.86	11.12	3.49
Income Tax Expense	1.43	2.91	3.05	2.3	0.75
Net Income	6.25	10.24	8.81	8.81	2.75
Net Income to Common	6.25	10.24	8.81	8.81	2.75
Net Income Growth	-38.96%	16.25%	-0.03%	220.63%	115.27%
Basic Shares Outstanding	12	12	12	10	8
Diluted Shares Outstanding	12	12	12	11	8
Shares Change (YoY)	-1.02%	0.25%	11.63%	34.59%	9.07%
EPS (Basic)	0.53	0.87	0.75	0.84	0.36
EPS (Diluted)	0.53	0.86	0.74	0.82	0.35
EPS Growth	-38.69%	16.22%	-9.76%	134.29%	94.99%
Effective Tax Rate	18.56%	22.12%	25.68%	20.72%	21.32%

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