Plains Acquisition Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	50.72	52.79	50.6	38.93	30.74
Interest Income on Investments	7.93	7.92	5.42	3.11	1.28
Total Interest Income	58.65	60.71	56.02	42.04	32.02
Interest Paid on Deposits	18.34	19.6	15.26	4.69	2.72
Interest Paid on Borrowings	0.75	0.75	0.8	0.75	0.6
Total Interest Expense	19.09	20.35	16.05	5.44	3.32
Net Interest Income	39.56	40.36	39.97	36.6	28.71
Net Interest Income Growth (YoY)	-1.98%	0.97%	9.21%	27.50%	22.31%
Trust Income	2.74	2.56	0.63	-	-
Gain (Loss) on Sale of Assets	2.35	-	-	-	-
Gain (Loss) on Sale of Investments	-0.08	-	-	-	0.14
Other Non-Interest Income	2.28	2.46	1.33	0.86	1.01
Total Non-Interest Income	8.64	5.74	2.35	1.48	3.87
Non-Interest Income Growth (YoY)	50.54%	144.04%	59.32%	-61.90%	35.85%
Revenues Before Loan Losses	48.2	46.1	42.32	38.08	32.58
Provision for Loan Losses	0.5	0.75	1.38	1	1.08
Revenue	47.7	45.35	40.95	37.08	31.51
Revenue Growth (YoY)	5.19%	10.75%	10.44%	17.68%	26.67%
Salaries and Employee Benefits	14.36	13.48	11.25	9.79	9.38
Occupancy Expenses	0.49	0.5	0.45	0.5	0.61
Selling, General & Administrative	7.22	7.17	6.21	5.34	4.76
Other Non-Interest Expense	3.44	2.56	1.45	1.71	1.32
Total Non-Interest Expense	25.67	23.73	19.39	17.36	16.89
EBT Excluding Unusual Items	22.04	21.62	21.55	19.71	14.62
Pretax Income	22.04	21.62	21.55	19.71	14.62
Income Tax Expense	4.68	4.6	4.73	3.98	3.01
Net Income	17.35	17.02	16.83	15.73	11.61
Net Income to Common	17.35	17.02	16.83	15.73	11.61
Net Income Growth	1.98%	1.12%	6.98%	35.49%	37.55%
Basic Shares Outstanding	3	3	2	2	2
Diluted Shares Outstanding	3	3	3	3	3
Shares Change (YoY)	-1.15%	5.11%	3.54%	2.39%	4.66%
EPS (Basic)	6.77	6.72	6.83	6.52	4.83
EPS (Diluted)	6.29	6.10	6.34	6.13	4.64
EPS Growth	3.12%	-3.79%	3.43%	32.11%	31.55%
Dividend Per Share	2.000	1.750	1.500	0.500	-
Dividend Growth	14.29%	16.67%	200.00%	-	-
Effective Tax Rate	21.26%	21.28%	21.93%	20.21%	20.59%

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