PB Financial Corporation (PBNC)

PB Financial 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	88.02	72.72	49.18	32.45	25.28
Interest Income on Investments	-	5.1	3.89	2.93	1.62
Total Interest Income	88.02	77.82	53.07	35.38	26.9
Interest Paid on Deposits	37.17	32.02	17.97	5.06	3.85
Interest Paid on Borrowings	-	3.8	4.71	2.52	1.61
Total Interest Expense	37.17	35.82	22.68	7.58	5.46
Net Interest Income	50.85	42	30.39	27.8	21.44
Net Interest Income Growth (YoY)	21.05%	38.21%	9.32%	29.65%	25.82%
Gain (Loss) on Sale of Investments	-	-0.04	0.01	0.01	0.02
Other Non-Interest Income	2.06	1.55	0.97	1.23	1.2
Total Non-Interest Income	2.06	1.72	1.17	1.36	1.29
Non-Interest Income Growth (YoY)	19.38%	46.90%	-13.92%	5.28%	-7.57%
Revenues Before Loan Losses	52.91	43.73	31.56	29.16	22.74
Provision for Loan Losses	0.42	1.95	0.95	0.53	0.97
Revenue	52.48	41.77	30.61	28.63	21.77
Revenue Growth (YoY)	25.64%	36.47%	6.91%	31.54%	26.58%
Salaries and Employee Benefits	-	10.12	6.62	5.78	5.18
Occupancy Expenses	-	0.7	0.31	0.46	0.43
Federal Deposit Insurance	-	1.04	0.55	0.27	0.18
Amortization of Goodwill & Intangibles	-	0.81	0.13	0.13	0.18
Selling, General & Administrative	-	4.82	3.49	2.87	2.41
Other Non-Interest Expense	23.05	1.27	1.06	0.82	0.74
Total Non-Interest Expense	23.05	18.76	12.16	10.33	9.16
EBT Excluding Unusual Items	29.43	23.01	18.45	18.3	12.61
Pretax Income	29.43	22.07	17.89	18.3	12.61
Income Tax Expense	6.6	5.16	3.97	4.04	2.79
Net Income	22.83	16.92	13.92	14.25	9.82
Preferred Dividends & Other Adjustments	1.26	1.1	-	-	-
Net Income to Common	21.57	15.81	13.92	14.25	9.82
Net Income Growth	34.94%	21.56%	-2.37%	45.16%	44.22%
Basic Shares Outstanding	3	3	2	2	2
Diluted Shares Outstanding	3	3	2	2	2
Shares Change (YoY)	5.85%	18.86%	5.33%	1.33%	0.38%
EPS (Basic)	7.51	5.74	5.98	6.42	4.47
EPS (Diluted)	7.11	5.52	5.77	6.23	4.35
EPS Growth	28.80%	-4.33%	-7.38%	43.22%	43.56%
Dividend Per Share	2.340	2.150	1.860	1.230	1.010
Dividend Growth	8.84%	15.59%	51.22%	21.78%	20.96%
Effective Tax Rate	22.44%	23.36%	22.20%	22.10%	22.10%

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