Private Bancorp of America, Inc. (PBAM)

PBAM Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	148.63	142.16	116.55	80.92	61.81
Interest Income on Investments	16.75	12.74	9.11	3.61	1.56
Total Interest Income	165.38	154.89	125.66	84.53	63.37
Interest Paid on Deposits	45.07	50.94	30.59	4.9	1.69
Interest Paid on Borrowings	2.09	3.41	4.75	1.31	2.89
Total Interest Expense	47.15	54.34	35.34	6.21	4.57
Net Interest Income	118.23	100.55	90.32	78.32	58.79
Net Interest Income Growth (YoY)	17.58%	11.33%	15.32%	33.22%	16.96%
Other Non-Interest Income	2.39	1.6	1.73	1.51	1.08
Total Non-Interest Income	6.93	6.34	4.62	7.34	11.34
Non-Interest Income Growth (YoY)	9.21%	37.38%	-37.12%	-35.23%	121.36%
Revenues Before Loan Losses	125.16	106.9	94.94	85.67	70.13
Provision for Loan Losses	5.94	2.69	-6.15	2.18	2.71
Revenue	119.22	104.21	101.08	83.49	67.42
Revenue Growth (YoY)	14.40%	3.09%	21.07%	23.84%	35.59%
Salaries and Employee Benefits	41.58	34.27	29.19	29.15	23.05
Occupancy Expenses	3.43	1.28	1.34	1.35	1.37
Federal Deposit Insurance	-	1.44	1.19	0.86	0.52
Selling, General & Administrative	8.35	16.37	12.25	16.88	12.62
Other Non-Interest Expense	8.02	-	-	-	-
Total Non-Interest Expense	61.38	53.36	43.97	48.24	37.55
EBT Excluding Unusual Items	57.83	50.85	57.11	35.25	29.86
Asset Writedown	-	-	0.3	-0.3	-
Pretax Income	57.83	50.85	57.42	34.94	29.86
Income Tax Expense	17.17	15.02	16.56	10.23	8.83
Net Income	40.67	35.82	40.86	24.71	21.03
Preferred Dividends & Other Adjustments	0.33	0.28	0.29	0.2	0.28
Net Income to Common	40.33	35.54	40.56	24.51	20.75
Net Income Growth	13.52%	-12.32%	65.35%	17.49%	93.09%
Basic Shares Outstanding	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6
Shares Change (YoY)	0.75%	1.35%	0.94%	0.62%	1.62%
EPS (Basic)	7.03	6.24	7.18	4.41	3.75
EPS (Diluted)	6.92	6.15	7.11	4.33	3.69
EPS Growth	12.52%	-13.50%	64.20%	17.34%	90.21%
Effective Tax Rate	29.68%	29.55%	28.84%	29.29%	29.58%

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