Pinnacle Bankshares 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	51.26	37.83	32.41	25.93	25.2
Interest Income on Investments	-	9.91	9.48	5.86	1.61
Total Interest Income	51.26	47.74	41.89	31.79	26.82
Interest Paid on Deposits	11.14	12.3	8.72	1.35	1.73
Total Interest Expense	11.14	12.3	8.72	1.35	1.73
Net Interest Income	40.12	35.45	33.17	30.44	25.09
Net Interest Income Growth (YoY)	13.19%	6.86%	8.97%	21.33%	37.33%
Mortgage Banking Activities	-	0.38	0.22	0.63	1.27
Other Non-Interest Income	7.79	4.04	4.23	2.89	3.05
Total Non-Interest Income	7.79	7.88	7.96	7.02	7.19
Non-Interest Income Growth (YoY)	-1.10%	-1.07%	13.40%	-2.28%	20.22%
Revenues Before Loan Losses	47.92	43.33	41.14	37.46	32.28
Provision for Loan Losses	0.31	0.75	0.07	0.19	0.23
Revenue	47.61	42.58	41.07	37.27	32.04
Revenue Growth (YoY)	11.82%	3.67%	10.18%	16.32%	33.54%
Salaries and Employee Benefits	-	16.06	15.28	14.53	14.54
Federal Deposit Insurance	-	0.58	0.61	0.6	0.48
Selling, General & Administrative	-	4.63	4.5	4.02	4.24
Other Non-Interest Expense	34.31	10.15	8.9	8.09	7.12
Total Non-Interest Expense	34.31	31.42	29.28	27.24	26.38
EBT Excluding Unusual Items	13.3	11.16	11.79	10.04	5.66
Pretax Income	13.3	11.16	11.79	10.04	5.22
Income Tax Expense	2.53	1.98	2.02	1.79	0.84
Net Income	10.77	9.18	9.76	8.24	4.38
Net Income to Common	10.77	9.18	9.76	8.24	4.38
Net Income Growth	17.37%	-5.98%	18.44%	88.39%	42.88%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	0.42%	0.78%	0.65%	0.47%	30.55%
EPS (Basic)	4.85	4.15	4.45	3.78	2.02
EPS (Diluted)	4.85	4.15	4.45	3.78	2.02
EPS Growth	16.88%	-6.75%	17.72%	87.18%	9.75%
Dividend Per Share	-	1.000	0.850	0.610	0.560
Dividend Growth	-	17.65%	39.34%	8.93%	-
Effective Tax Rate	19.02%	17.75%	17.17%	17.88%	16.14%

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