Lake Ridge Bancorp 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	163.42	152.29	137.96	75.19	50.11
Interest Income on Investments	-	-	-	-	4.82
Total Interest Income	163.42	152.29	137.96	75.19	54.93
Interest Paid on Deposits	70.58	80.48	62.1	11.12	2.65
Interest Paid on Borrowings	-	-	-	-	2.18
Total Interest Expense	70.58	80.48	62.1	11.12	4.82
Net Interest Income	92.84	71.81	75.86	64.08	50.11
Net Interest Income Growth (YoY)	29.28%	-5.33%	18.39%	27.87%	7.07%
Trust Income	-	-	-	-	4.53
Mortgage Banking Activities	-	-	-	-	8
Other Non-Interest Income	19.53	18.71	18.3	17.73	4.82
Total Non-Interest Income	19.53	18.71	18.3	17.73	21.6
Non-Interest Income Growth (YoY)	4.39%	2.21%	3.23%	-17.93%	12.21%
Revenues Before Loan Losses	112.37	90.52	94.16	81.8	71.71
Provision for Loan Losses	2.08	3.1	-	10.5	6.8
Revenue	110.29	87.42	94.16	71.3	64.91
Revenue Growth (YoY)	26.16%	-7.16%	32.06%	9.85%	9.65%
Salaries and Employee Benefits	-	-	-	-	25.19
Occupancy Expenses	-	-	-	-	4.1
Selling, General & Administrative	-	-	-	-	5.17
Other Non-Interest Expense	77.95	71.19	73.39	51.78	7.39
Total Non-Interest Expense	77.95	71.19	73.39	51.78	41.84
EBT Excluding Unusual Items	32.34	16.23	20.77	19.53	23.08
Pretax Income	32.34	16.23	20.77	19.53	23.08
Income Tax Expense	3.64	1.03	3.91	4.48	5.33
Net Income	28.7	15.2	16.86	15.04	17.75
Net Income to Common	28.7	15.2	16.86	15.04	17.75
Net Income Growth	88.81%	-9.83%	12.04%	-15.23%	24.71%
Basic Shares Outstanding	-	-	-	-	1
Diluted Shares Outstanding	-	-	-	-	1
Shares Change (YoY)	-	-	-	-	-0.08%
EPS (Basic)	-	-	-	-	16.40
EPS (Diluted)	-	-	-	-	16.40
EPS Growth	-	-	-	-	24.81%
Dividend Per Share	1.980	-	-	2.080	1.650
Dividend Growth	-	-	-	26.06%	2.48%
Effective Tax Rate	11.27%	6.35%	18.84%	22.96%	23.10%