Katahdin Bankshares Corp. (KTHN)

Katahdin Bankshares 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	50.37	47.51	42.09	32.58	32.69	33.95
Interest Income on Investments	5.18	5.18	4.38	3.58	2.05	2.43
Total Interest Income	55.55	52.69	46.47	36.16	34.74	36.37
Interest Paid on Deposits	16.35	16.45	10.77	3.07	2.69	4.79
Interest Paid on Borrowings	1.8	2.33	1.28	1.1	1.38	1.66
Total Interest Expense	18.15	18.78	12.04	4.17	4.07	6.44
Net Interest Income	37.41	33.91	34.43	31.99	30.67	29.93
Net Interest Income Growth (YoY)	10.87%	-1.51%	7.61%	4.32%	2.47%	9.07%
Gain (Loss) on Sale of Investments	-0.1	-0.19	-0.25	-0.24	-0.12	-1.05
Other Non-Interest Income	5.42	5.19	4.76	4.79	4.98	5.72
Total Non-Interest Income	5.32	5	4.51	4.55	4.86	4.67
Non-Interest Income Growth (YoY)	6.93%	10.80%	-0.90%	-6.44%	4.20%	-6.32%
Revenues Before Loan Losses	42.73	38.9	38.94	36.54	35.53	34.6
Provision for Loan Losses	0.78	0.55	0.11	-0.5	0.14	1.26
Revenue	41.95	38.35	38.83	37.04	35.4	33.34
Revenue Growth (YoY)	9.03%	-1.23%	4.82%	4.65%	6.18%	4.29%
Salaries and Employee Benefits	17.15	17.15	15.73	14.97	14.55	13.75
Occupancy Expenses	2.87	2.87	2.68	2.62	2.53	2.61
Federal Deposit Insurance	0.53	0.53	0.52	0.31	0.31	0.46
Selling, General & Administrative	8.06	8.06	7.83	7.34	6.47	5.98
Total Non-Interest Expense	30.54	28.61	26.76	25.23	23.86	22.8
EBT Excluding Unusual Items	11.41	9.74	12.07	11.81	11.54	10.53
Pretax Income	11.41	9.74	12.07	11.81	11.54	10.53
Income Tax Expense	2.1	1.68	2.17	2.09	2.07	1.02
Net Income	9.32	8.06	9.91	9.72	9.47	9.52
Net Income to Common	9.32	8.06	9.91	9.72	9.47	9.52
Net Income Growth	7.86%	-18.60%	1.88%	2.65%	-0.48%	16.67%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-0.30%	-1.12%	-1.81%	-0.42%	-0.28%	-0.81%
EPS (Basic)	2.94	2.53	3.08	2.97	2.88	2.88
EPS (Diluted)	2.93	2.53	3.08	2.97	2.88	2.88
EPS Growth	8.02%	-17.83%	3.76%	3.09%	-0.05%	24.68%
Dividend Per Share	1.308	0.700	0.608	0.552	0.500	0.474
Dividend Growth	760.20%	15.13%	10.14%	10.40%	5.49%	5.33%
Effective Tax Rate	18.36%	17.24%	17.94%	17.67%	17.92%	9.63%

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