Marine Bancorp of Florida, Inc. (MBOF)

Marine Bancorp of Florida 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	25.32	25.32	23.17	16.95	15.88	13.24
Interest Income on Investments	4.14	4.81	4.84	3.94	1.16	0.6
Total Interest Income	29.46	30.12	28.01	20.89	17.04	13.84
Interest Paid on Deposits	11.54	12.02	7.81	0.82	0.41	1.33
Interest Paid on Borrowings	1.46	2.11	1.98	0.62	0.26	0.21
Total Interest Expense	13.01	14.14	9.79	1.43	0.67	1.53
Net Interest Income	16.45	15.99	18.22	19.46	16.37	12.31
Net Interest Income Growth (YoY)	-0.71%	-12.26%	-6.34%	18.84%	33.03%	21.14%
Other Non-Interest Income	1.97	2	1.95	2.23	2.79	1.96
Total Non-Interest Income	1.97	2	1.95	2.23	2.79	1.96
Non-Interest Income Growth (YoY)	-2.19%	2.82%	-12.64%	-19.92%	42.29%	69.82%
Revenues Before Loan Losses	18.42	17.99	20.17	21.69	19.16	14.27
Provision for Loan Losses	0.13	0.38	0.65	1.35	0.78	0.98
Revenue	18.29	17.62	19.52	20.34	18.38	13.29
Revenue Growth (YoY)	1.46%	-9.75%	-4.01%	10.66%	38.34%	20.16%
Other Non-Interest Expense	14.11	13.83	13.5	13.66	12.24	9.37
Total Non-Interest Expense	14.11	13.83	13.5	13.66	12.24	9.37
EBT Excluding Unusual Items	4.18	3.79	6.02	6.68	6.14	3.91
Pretax Income	4.18	3.79	6.02	6.68	6.14	3.91
Income Tax Expense	1.04	0.95	1.41	1.29	1.32	0.95
Net Income	3.14	2.83	4.61	5.38	4.83	2.97
Net Income to Common	3.14	2.83	4.61	5.38	4.83	2.97
Net Income Growth	-10.00%	-38.62%	-14.25%	11.48%	62.69%	83.83%
Effective Tax Rate	24.84%	25.20%	23.34%	19.39%	21.42%	24.18%

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