Neffs Bancorp, Inc. (NEFB)

Neffs Bancorp Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	10.22	10.22	8.73	8.86	8.52	8.02
Interest Income on Investments	5.79	5.79	5.53	4.42	4.71	5.79
Total Interest Income	16.01	16.01	14.26	13.28	13.23	13.81
Interest Paid on Deposits	4.56	4.56	1.6	1.91	2.73	3.25
Interest Paid on Borrowings	0.92	0.92	0.32	0.24	0.25	0.18
Total Interest Expense	5.48	5.48	1.92	2.15	2.97	3.44
Net Interest Income	10.53	10.53	12.34	11.13	10.26	10.37
Net Interest Income Growth (YoY)	1.53%	-14.70%	10.87%	8.56%	-1.10%	1.66%
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.79
Other Non-Interest Income	0.21	0.21	0.21	0.18	0.12	0.14
Total Non-Interest Income	0.31	0.31	0.3	0.24	0.17	1.01
Non-Interest Income Growth (YoY)	-69.12%	4.71%	21.72%	43.53%	-83.12%	39.09%
Revenues Before Loan Losses	10.84	10.84	12.64	11.38	10.43	11.38
Provision for Loan Losses	0.06	0.06	-	-	0.21	-
Revenue	10.78	10.78	12.64	11.38	10.21	11.38
Revenue Growth (YoY)	-5.23%	-14.71%	11.10%	11.42%	-10.24%	5.87%
Salaries and Employee Benefits	4.38	4.38	4.23	3.82	3.5	3.2
Federal Deposit Insurance	0.19	0.19	0.12	0.11	0.06	0.05
Selling, General & Administrative	1.06	1.06	1.07	0.93	0.84	0.85
Other Non-Interest Expense	2.09	2.09	2.22	2.01	1.88	1.85
Total Non-Interest Expense	7.72	7.72	7.54	6.88	6.28	5.95
EBT Excluding Unusual Items	3.07	3.07	5.1	4.5	3.94	5.43
Pretax Income	3.07	3.07	5.1	4.5	3.94	5.43
Income Tax Expense	0.16	0.16	0.57	0.47	0.35	0.67
Net Income	2.9	2.9	4.53	4.04	3.59	4.76
Preferred Dividends & Other Adjustments	0.06	0.06	0.05	0.05	0.05	0.05
Net Income to Common	2.85	2.85	4.48	3.99	3.54	4.71
Net Income Growth	-39.06%	-35.89%	12.19%	12.42%	-24.64%	6.08%
Basic Shares Outstanding	0	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0	0
Shares Change (YoY)	-2.76%	-1.70%	-1.05%	0.03%	-0.06%	-0.27%
EPS (Basic)	18.48	18.48	28.56	25.16	22.35	29.74
EPS (Diluted)	18.48	18.48	28.56	25.16	22.35	29.74
EPS Growth	-37.87%	-35.32%	13.53%	12.56%	-24.84%	6.43%
Dividend Per Share	8.300	8.300	8.300	8.200	8.000	8.000
Dividend Growth	3.75%	0%	1.22%	2.50%	0%	3.23%
Effective Tax Rate	5.29%	5.29%	11.16%	10.35%	8.79%	12.25%

Source: S&P Capital IQ. Banks template. Financial Sources.