Ledyard Financial Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	-	27.47	17.68	12.97	13.33	13.47
Interest Income on Investments	-	12.66	10.81	7.79	5.97	4.87
Total Interest Income	-	40.13	28.49	20.76	19.29	18.34
Interest Paid on Deposits	-	19.52	6.64	0.61	0.76	1.06
Interest Paid on Borrowings	-	2.12	4.61	1.46	0.26	0.52
Total Interest Expense	-	21.63	11.25	2.07	1.02	1.58
Net Interest Income	22.63	18.5	17.23	18.69	18.27	16.76
Net Interest Income Growth (YoY)	29.64%	7.33%	-7.77%	2.25%	9.02%	4.28%
Trust Income	16.22	14.13	12.66	12.78	13.17	11.61
Gain (Loss) on Sale of Investments	0.19	0.3	-0.02	-2.97	0.17	1.43
Other Non-Interest Income	2	1.64	1.49	1.4	1.7	2.02
Total Non-Interest Income	18.41	16.08	14.13	11.21	15.04	15.07
Non-Interest Income Growth (YoY)	21.05%	13.81%	25.99%	-25.42%	-0.22%	18.74%
Revenues Before Loan Losses	41.04	34.58	31.36	29.9	33.31	31.83
Provision for Loan Losses	0.62	0.62	0.67	-3.63	-0.45	2.7
Revenue	40.42	33.96	30.69	33.53	33.76	29.13
Revenue Growth (YoY)	29.71%	10.63%	-8.47%	-0.67%	15.89%	1.27%
Salaries and Employee Benefits	17.62	17.62	15.88	15.11	14.31	12.8
Occupancy Expenses	7.07	7.07	6.23	4.78	4.25	4.17
Federal Deposit Insurance	0.53	0.53	0.33	0.2	0.18	0.17
Selling, General & Administrative	5.3	5.3	5.47	5.95	6.55	4.7
Total Non-Interest Expense	34.02	30.52	27.91	26.04	25.29	21.84
EBT Excluding Unusual Items	6.4	3.44	2.79	7.5	8.47	7.29
Pretax Income	6.4	3.44	2.79	7.5	8.47	7.29
Income Tax Expense	1.01	0.17	-0.38	0.52	0.71	0.56
Net Income	5.39	3.26	3.17	6.98	7.77	6.73
Net Income to Common	5.39	3.26	3.17	6.98	7.77	6.73
Net Income Growth	164.79%	3.04%	-54.66%	-10.10%	15.39%	15.70%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	1.73%	0.85%	0.63%	0.38%	2.19%	0.60%
EPS (Basic)	1.61	0.98	0.96	2.14	2.42	2.13
EPS (Diluted)	1.61	0.98	0.96	2.13	2.38	2.11
EPS Growth	160.04%	2.08%	-54.93%	-10.50%	12.80%	15.30%
Dividend Per Share	0.840	0.840	0.840	0.840	0.800	0.760
Dividend Growth	-	-	-	5.00%	5.26%	2.70%
Effective Tax Rate	15.75%	5.07%	-	6.88%	8.36%	7.72%

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