Plains Acquisition Corporation (PLQC)

Plains Acquisition Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	52.79	50.6	38.93	30.74	28.25
Interest Income on Investments	7.92	5.42	3.11	1.28	1.36
Total Interest Income	60.71	56.02	42.04	32.02	29.61
Interest Paid on Deposits	19.6	15.26	4.69	2.72	6.14
Interest Paid on Borrowings	0.75	0.8	0.75	0.6	-
Total Interest Expense	20.35	16.05	5.44	3.32	6.14
Net Interest Income	40.36	39.97	36.6	28.71	23.47
Net Interest Income Growth (YoY)	0.97%	9.21%	27.50%	22.31%	7.50%
Trust Income	2.56	0.63	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	0.14	-
Other Non-Interest Income	2.46	1.33	0.86	1.01	0.7
Total Non-Interest Income	5.74	2.35	1.48	3.87	2.85
Non-Interest Income Growth (YoY)	144.04%	59.32%	-61.90%	35.85%	-26.11%
Revenues Before Loan Losses	46.1	42.32	38.08	32.58	26.32
Provision for Loan Losses	0.75	1.38	1	1.08	1.45
Revenue	45.35	40.95	37.08	31.51	24.87
Revenue Growth (YoY)	10.75%	10.44%	17.68%	26.67%	-0.48%
Salaries and Employee Benefits	13.48	11.25	9.79	9.38	8.16
Occupancy Expenses	0.5	0.45	0.5	0.61	0.63
Selling, General & Administrative	7.17	6.21	5.34	4.76	3.91
Other Non-Interest Expense	2.56	1.45	1.71	1.32	1.15
Total Non-Interest Expense	23.73	19.39	17.36	16.89	14.08
EBT Excluding Unusual Items	21.62	21.55	19.71	14.62	10.8
Pretax Income	21.62	21.55	19.71	14.62	10.8
Income Tax Expense	4.6	4.73	3.98	3.01	2.36
Net Income	17.02	16.83	15.73	11.61	8.44
Net Income to Common	17.02	16.83	15.73	11.61	8.44
Net Income Growth	1.12%	6.98%	35.49%	37.55%	12.41%
Basic Shares Outstanding	3	2	2	2	2
Diluted Shares Outstanding	3	3	3	3	2
Shares Change (YoY)	5.11%	3.54%	2.39%	4.66%	1.03%
EPS (Basic)	6.72	6.83	6.52	4.83	3.53
EPS (Diluted)	6.10	6.34	6.13	4.64	3.53
EPS Growth	-3.79%	3.43%	32.11%	31.55%	11.26%
Dividend Per Share	1.750	1.500	0.500	-	-
Dividend Growth	16.67%	200.00%	-	-	-
Effective Tax Rate	21.28%	21.93%	20.21%	20.59%	21.83%

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