Morris State Bancshares, Inc. (MBLU)

Morris State Bancshares 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	74.77	72.42	62.02	53.03	51.89	50.47
Interest Income on Investments	10.57	10.1	10.34	8.5	6.28	4.47
Total Interest Income	85.34	82.52	72.36	61.53	58.16	54.93
Interest Paid on Deposits	25.94	25.98	18.6	4.53	2.34	5.04
Interest Paid on Borrowings	1.34	1.44	2.15	1.75	1.56	1.09
Total Interest Expense	27.29	27.42	20.75	6.28	3.9	6.13
Net Interest Income	58.05	55.09	51.61	55.25	54.26	48.8
Net Interest Income Growth (YoY)	116.28%	6.75%	-6.59%	1.83%	11.19%	25.22%
Gain (Loss) on Sale of Assets	-	-	-0.05	-0.2	-	0
Gain (Loss) on Sale of Investments	0	0	-	-0	0.3	0.05
Other Non-Interest Income	5.47	2.65	2.66	2.18	2.49	2.02
Total Non-Interest Income	7.68	4.82	4.75	4.39	4.81	4.21
Non-Interest Income Growth (YoY)	235.18%	1.34%	8.26%	-8.75%	14.30%	5.61%
Revenues Before Loan Losses	65.73	59.91	56.37	59.64	59.07	53.01
Provision for Loan Losses	1.43	0.55	0.45	5.1	2	3.64
Revenue	64.3	59.37	55.92	54.54	57.07	49.37
Revenue Growth (YoY)	124.53%	6.17%	2.51%	-4.43%	15.59%	19.53%
Salaries and Employee Benefits	18.47	18.24	17.09	17.84	17.58	16.05
Occupancy Expenses	2.75	2.78	2.86	3.02	2.75	2.53
Selling, General & Administrative	3.17	3.17	2.39	3.01	1.93	1.82
Other Non-Interest Expense	10.47	12.16	11.77	9.17	8.43	7.64
Total Non-Interest Expense	34.87	36.35	34.43	32.43	30.85	28.11
EBT Excluding Unusual Items	29.44	23.02	21.48	22.12	26.23	21.26
Pretax Income	29.44	23.02	21.48	22.12	26.23	21.26
Income Tax Expense	3.87	1.21	2.15	1.01	2.26	3.86
Net Income	25.56	21.8	19.33	21.11	23.96	17.41
Net Income to Common	25.56	21.8	19.33	21.11	23.96	17.41
Net Income Growth	124.73%	12.79%	-8.42%	-11.92%	37.66%	27.80%
Basic Shares Outstanding	11	11	11	11	11	10
Diluted Shares Outstanding	11	11	11	11	11	10
Shares Change (YoY)	-0.86%	0.20%	0.07%	0.60%	0.32%	5.67%
EPS (Basic)	2.43	2.06	1.83	2.00	2.28	1.66
EPS (Diluted)	2.43	2.06	1.83	2.00	2.28	1.66
EPS Growth	127.37%	12.57%	-8.48%	-12.44%	37.22%	20.95%
Dividend Per Share	-	0.368	0.352	0.352	0.304	-
Dividend Growth	-	4.54%	-	15.79%	-	-
Effective Tax Rate	13.16%	5.26%	10.00%	4.57%	8.63%	18.13%

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