Madison County Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	26.01	25.59	23.27	20.31	16.16	15.83
Interest Income on Investments	3.77	3.77	3.79	4.63	4.02	2.62
Total Interest Income	29.78	29.36	27.06	24.94	20.17	18.45
Interest Paid on Deposits	12.63	12.93	14.1	14.31	5.98	2.8
Interest Paid on Borrowings	1.8	1.8	1.56	0.79	0.19	0.22
Total Interest Expense	14.44	14.74	15.67	15.1	6.17	3.02
Net Interest Income	15.35	14.62	11.39	9.84	14	15.43
Net Interest Income Growth (YoY)	25.41%	28.34%	15.81%	-29.73%	-9.24%	3.69%
Other Non-Interest Income	2.45	2.37	1.94	2.67	2.11	1.84
Total Non-Interest Income	3.06	2.98	2.48	3.08	2.78	3.43
Non-Interest Income Growth (YoY)	17.39%	19.97%	-19.43%	10.86%	-18.80%	-8.00%
Revenues Before Loan Losses	18.41	17.6	13.88	12.92	16.78	18.85
Provision for Loan Losses	-0	0.01	-0.01	0.06	-2.63	-0.7
Revenue	18.42	17.6	13.89	12.86	19.41	19.55
Revenue Growth (YoY)	24.02%	26.72%	7.95%	-33.72%	-0.74%	5.14%
Salaries and Employee Benefits	5.93	5.93	5.72	5.65	6.36	6.26
Occupancy Expenses	1.01	1.01	1.01	1.04	1.1	1.14
Federal Deposit Insurance	0.26	0.26	0.26	0.26	0.15	0.12
Amortization of Goodwill & Intangibles	0.07	0.07	0.08	0.08	0.08	0.09
Selling, General & Administrative	1.99	1.99	1.92	1.86	2.09	2.36
Other Non-Interest Expense	0.88	0.69	0.71	0.79	0.66	0.71
Total Non-Interest Expense	10.13	9.94	9.69	9.68	10.45	10.67
EBT Excluding Unusual Items	8.28	7.66	4.19	3.19	8.96	8.89
Pretax Income	8.28	7.66	4.19	3.19	8.96	8.89
Income Tax Expense	1.29	1.15	0.38	-0.04	1.26	1.47
Net Income	6.99	6.5	3.82	3.23	7.7	7.41
Preferred Dividends & Other Adjustments	-	-	-	-	0	0.02
Net Income to Common	6.99	6.5	3.82	3.23	7.7	7.4
Net Income Growth	52.55%	70.37%	18.32%	-58.10%	3.87%	10.04%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-1.32%	-1.34%	0.23%	-2.02%	0.15%	0.40%
EPS (Basic)	2.73	2.54	1.47	1.27	3.03	2.94
EPS (Diluted)	2.73	2.54	1.47	1.24	2.91	2.80
EPS Growth	54.40%	72.60%	18.54%	-57.39%	3.93%	9.80%
Dividend Per Share	-	-	0.360	0.300	0.720	0.690
Dividend Growth	-	-	20.00%	-58.33%	4.35%	9.52%
Effective Tax Rate	15.61%	15.07%	8.99%	-	14.06%	16.58%

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