Oak View Bankshares, Inc. (OAKV)

Oak View Bankshares Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2011
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2011
Interest Income on Loans	14.77	14.77	11.32	10.89	9.97	4.45
Interest Income on Investments	13.95	13.95	3.56	0.48	0.63	0.19
Total Interest Income	28.72	28.72	14.88	11.37	10.6	4.64
Interest Paid on Deposits	9.75	9.75	1.92	0.9	1.68	1.12
Interest Paid on Borrowings	2.81	2.81	0.88	0.21	0.35	0.05
Total Interest Expense	12.56	12.56	2.8	1.11	2.03	1.17
Net Interest Income	16.16	16.16	12.08	10.26	8.57	3.46
Net Interest Income Growth (YoY)	33.81%	33.81%	17.65%	19.79%	147.55%	66.43%
Mortgage Banking Activities	0.13	0.13	0.3	0.56	0.52	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.2
Gain (Loss) on Sale of Investments	-0.25	-0.25	-0.27	-	-	-
Other Non-Interest Income	1.13	1.13	1.03	0.8	0.59	0.16
Total Non-Interest Income	1.15	1.15	1.19	1.48	1.19	-0.04
Non-Interest Income Growth (YoY)	-3.50%	-3.50%	-19.68%	24.08%	-	-
Revenues Before Loan Losses	17.31	17.31	13.26	11.74	9.76	3.42
Provision for Loan Losses	0.58	0.58	0.19	-0.06	0.47	0.29
Revenue	16.73	16.73	13.08	11.8	9.29	3.13
Revenue Growth (YoY)	27.95%	27.95%	10.78%	27.03%	196.43%	86.89%
Salaries and Employee Benefits	6.81	6.81	5.58	4.77	3.8	2.19
Occupancy Expenses	0.7	0.7	0.59	0.53	0.55	0.3
Selling, General & Administrative	2.07	2.07	1.95	2.37	1.54	0.88
Other Non-Interest Expense	1.9	1.9	1.16	1.04	0.86	0.27
Total Non-Interest Expense	11.48	11.48	9.28	8.71	6.75	3.72
EBT Excluding Unusual Items	5.25	5.25	3.79	3.1	2.54	-0.59
Pretax Income	5.25	5.25	3.79	3.1	2.54	-0.59
Income Tax Expense	1.04	1.04	0.74	0.63	0.52	-
Net Income	4.21	4.21	3.06	2.47	2.02	-0.59
Net Income to Common	4.21	4.21	3.06	2.47	2.02	-0.59
Net Income Growth	37.88%	37.88%	23.71%	22.46%	-	-
Basic Shares Outstanding	3	3	3	3	3	1
Diluted Shares Outstanding	3	3	3	3	3	1
Shares Change (YoY)	-0.34%	-0.34%	0.52%	0.88%	105.70%	1.04%
EPS (Basic)	1.43	1.43	1.03	0.84	0.70	-0.42
EPS (Diluted)	1.43	1.43	1.03	0.84	0.69	-0.42
EPS Growth	38.83%	38.83%	22.62%	21.74%	-	-
Dividend Per Share	0.200	0.200	0.100	0.050	0.040	-
Dividend Growth	100.00%	100.00%	100.00%	25.00%	-	-
Effective Tax Rate	19.76%	19.76%	19.49%	20.21%	20.56%	-

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