MSWV 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	Jun '26 Jun 30, 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	79.93	75.33	54.67	32.43	23.46	20.01
Interest Income on Investments	7.96	7.96	5.67	2.66	2.36	1.8
Total Interest Income	87.88	83.28	60.33	35.1	25.82	21.81
Interest Paid on Deposits	30.38	29.49	21.46	8.47	2.39	1.99
Interest Paid on Borrowings	3.34	3.34	6.2	4.45	0.66	0.52
Total Interest Expense	33.72	32.83	27.67	12.92	3.05	2.51
Net Interest Income	54.16	50.45	32.67	22.18	22.77	19.3
Net Interest Income Growth	19.80%	54.44%	47.32%	-2.61%	17.99%	12.19%
Gain (Loss) on Sale of Investments	-	-	0.68	-	-	-0.06
Other Non-Interest Income	3.16	2.67	2.17	2.04	1.87	1.38
Total Non-Interest Income	4.45	3.96	4.16	3.02	2.73	2.56
Non-Interest Income Growth	-0.94%	-4.83%	37.85%	10.47%	6.76%	-15.69%
Revenues Before Loan Losses	58.61	54.41	36.83	25.19	25.5	21.86
Provision for Loan Losses	1.64	1.58	4.78	0.53	1.22	0.75
Revenue	56.97	52.84	32.04	24.66	24.28	21.11
Revenue Growth	16.52%	64.88%	29.93%	1.58%	15.01%	11.42%
Salaries and Employee Benefits	14.44	14.98	11.71	7.62	7.64	6.8
Occupancy Expenses	5.3	5.11	3.99	2.57	1.95	1.85
Federal Deposit Insurance	0.82	0.78	0.64	0.53	0.26	0.22
Amortization of Goodwill & Intangibles	2.06	2.18	1.38	-	-	-
Selling, General & Administrative	4.4	4.58	4.95	1.75	1.09	0.89
Other Non-Interest Expense	4.13	3.89	3.77	2.35	2.22	2.16
Total Non-Interest Expense	31.15	31.52	26.44	14.82	13.15	11.93
EBT Excluding Unusual Items	25.82	21.32	5.61	9.84	11.13	9.18
Pretax Income	25.82	21.32	5.61	9.84	11.13	9.18
Income Tax Expense	5.46	4.57	0.9	2.01	2.13	1.75
Net Income	20.36	16.75	4.7	7.83	9	7.44
Net Income to Common	20.36	16.75	4.7	7.83	9	7.44
Net Income Growth	46.08%	256.13%	-39.96%	-13.00%	21.07%	11.17%
Basic Shares Outstanding	8	8	6	4	4	4
Diluted Shares Outstanding	8	8	6	4	4	4
Shares Change	18.34%	27.18%	59.60%	-3.24%	-6.89%	-4.59%
EPS (Basic)	2.59	2.14	0.76	2.04	2.28	1.75
EPS (Diluted)	2.59	2.14	0.76	2.03	2.25	1.74
EPS Growth	23.76%	181.58%	-62.56%	-9.89%	29.70%	16.54%
Dividend Per Share	0.290	0.570	0.420	0.527	0.527	0.481
Dividend Growth	-32.27%	35.71%	-20.35%	0%	9.51%	4.99%
Effective Tax Rate	21.13%	21.43%	16.11%	20.38%	19.09%	19.00%