PSB Holdings, Inc. (PSBQ)

PSB Holdings 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	62.5	61.82	53.63	39.83	37.66	33.06
Interest Income on Investments	10.17	9.73	7.91	6.36	4.43	4.56
Total Interest Income	72.66	71.55	61.54	46.19	42.09	37.61
Interest Paid on Deposits	23.65	23.85	16.99	4.44	1.91	4.05
Interest Paid on Borrowings	9.04	8.72	5.86	1.75	1.57	1.68
Total Interest Expense	32.7	32.57	22.85	6.19	3.49	5.74
Net Interest Income	39.97	38.98	38.69	40	38.6	31.88
Net Interest Income Growth (YoY)	4.98%	0.75%	-3.28%	3.63%	21.09%	1.91%
Mortgage Banking Activities	1.53	1.59	1.11	1.19	2.99	5.8
Gain (Loss) on Sale of Investments	-0.51	-1.01	-0.58	-	0.13	0.5
Other Non-Interest Income	5.87	5.49	5.54	6.23	6.21	5.19
Total Non-Interest Income	6.89	6.07	6.07	7.42	9.34	11.49
Non-Interest Income Growth (YoY)	33.49%	0.02%	-18.16%	-20.58%	-18.74%	49.25%
Revenues Before Loan Losses	46.86	45.05	44.76	47.42	47.94	43.37
Provision for Loan Losses	0.22	0.2	0.45	-	1	5.58
Revenue	46.64	44.86	44.31	47.42	46.94	37.8
Revenue Growth (YoY)	9.00%	1.23%	-6.55%	1.02%	24.19%	-0.88%
Salaries and Employee Benefits	19.86	19.68	18.59	17.79	15.94	13.8
Selling, General & Administrative	8.95	8.7	8.02	7.8	8.58	6.48
Other Non-Interest Expense	4.71	4.49	3.98	3.93	5.76	3.55
Total Non-Interest Expense	33.52	32.87	30.55	29.52	30.11	23.74
EBT Excluding Unusual Items	13.12	11.99	13.76	17.9	16.83	14.05
Asset Writedown	-	-	0.12	0.03	0.08	-0.08
Pretax Income	13.12	11.99	14.41	17.93	16.91	13.97
Income Tax Expense	2	1.7	4.85	4.29	4.09	3.28
Net Income	11.12	10.29	9.57	13.64	12.82	10.69
Preferred Dividends & Other Adjustments	0.49	0.49	0.49	0.08	-	-
Net Income to Common	10.64	9.8	9.08	13.56	12.82	10.69
Net Income Growth	34.06%	7.52%	-29.83%	6.40%	19.91%	-4.96%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	-1.63%	-1.94%	-4.62%	-0.87%	-0.02%	-0.57%
EPS (Basic)	2.59	2.37	2.16	3.07	2.88	2.40
EPS (Diluted)	2.58	2.37	2.16	3.07	2.88	2.40
EPS Growth	38.23%	9.90%	-29.76%	6.62%	20.03%	-4.42%
Dividend Per Share	-	0.640	0.600	0.500	0.460	0.420
Dividend Growth	-	6.67%	20.00%	8.70%	9.52%	5.00%
Effective Tax Rate	15.24%	14.15%	33.61%	23.95%	24.20%	23.50%

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