PB Financial Corporation (PBNC)

PB Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	78.11	72.72	49.18	32.45	25.28	22.26
Interest Income on Investments	5.1	5.1	3.89	2.93	1.62	1.11
Total Interest Income	83.22	77.82	53.07	35.38	26.9	23.37
Interest Paid on Deposits	33.4	32.02	17.97	5.06	3.85	4.41
Interest Paid on Borrowings	3.8	3.8	4.71	2.52	1.61	1.92
Total Interest Expense	37.2	35.82	22.68	7.58	5.46	6.33
Net Interest Income	46.02	42	30.39	27.8	21.44	17.04
Net Interest Income Growth (YoY)	51.42%	38.21%	9.32%	29.65%	25.82%	0.35%
Gain (Loss) on Sale of Investments	-0.04	-0.04	0.01	0.01	0.02	0.52
Other Non-Interest Income	1.72	1.55	0.97	1.23	1.2	0.79
Total Non-Interest Income	1.9	1.72	1.17	1.36	1.29	1.4
Non-Interest Income Growth (YoY)	61.99%	46.90%	-13.92%	5.28%	-7.57%	63.04%
Revenues Before Loan Losses	47.92	43.73	31.56	29.16	22.74	18.44
Provision for Loan Losses	1.94	1.95	0.95	0.53	0.97	1.25
Revenue	45.98	41.77	30.61	28.63	21.77	17.2
Revenue Growth (YoY)	50.20%	36.47%	6.91%	31.54%	26.58%	-0.98%
Salaries and Employee Benefits	10.12	10.12	6.62	5.78	5.18	4.51
Occupancy Expenses	0.7	0.7	0.31	0.46	0.43	0.46
Federal Deposit Insurance	1.04	1.04	0.55	0.27	0.18	0.14
Amortization of Goodwill & Intangibles	0.81	0.81	0.13	0.13	0.18	0.22
Selling, General & Administrative	4.82	4.82	3.49	2.87	2.41	2.06
Other Non-Interest Expense	3.42	1.27	1.06	0.82	0.74	0.75
Total Non-Interest Expense	20.92	18.76	12.16	10.33	9.16	8.46
EBT Excluding Unusual Items	25.06	23.01	18.45	18.3	12.61	8.74
Pretax Income	24.12	22.07	17.89	18.3	12.61	8.74
Income Tax Expense	5.52	5.16	3.97	4.04	2.79	1.93
Net Income	18.6	16.92	13.92	14.25	9.82	6.81
Preferred Dividends & Other Adjustments	1.26	1.1	-	-	-	-
Net Income to Common	17.35	15.81	13.92	14.25	9.82	6.81
Net Income Growth	33.66%	21.56%	-2.37%	45.16%	44.22%	-4.43%
Basic Shares Outstanding	3	3	2	2	2	2
Diluted Shares Outstanding	3	3	2	2	2	2
Shares Change (YoY)	23.40%	18.86%	5.33%	1.33%	0.38%	1.08%
EPS (Basic)	6.06	5.74	5.98	6.42	4.47	3.09
EPS (Diluted)	5.83	5.52	5.77	6.23	4.35	3.03
EPS Growth	1.06%	-4.33%	-7.38%	43.22%	43.56%	-5.31%
Dividend Per Share	2.200	2.150	1.860	1.230	1.010	0.835
Dividend Growth	18.28%	15.59%	51.22%	21.78%	20.96%	-
Effective Tax Rate	22.89%	23.36%	22.20%	22.10%	22.10%	22.09%

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