West Coast Community Bancorp (SCZC)

SCZC 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	119.64	88.76	65.74	61.09	48.28
Interest Income on Investments	-	6.15	6.32	2.26	3.42
Total Interest Income	119.64	94.91	72.06	63.35	51.7
Interest Paid on Deposits	24.51	11.51	1.85	1.8	2.58
Interest Paid on Borrowings	-	0.64	0	0.01	0.13
Total Interest Expense	24.51	12.15	1.85	1.82	2.71
Net Interest Income	95.13	82.76	70.21	61.54	48.99
Net Interest Income Growth (YoY)	14.94%	17.88%	14.10%	25.61%	39.23%
Other Non-Interest Income	4.05	3.1	2.84	3.02	2.69
Total Non-Interest Income	4.05	3.57	4.54	4.78	4.21
Non-Interest Income Growth (YoY)	13.47%	-21.39%	-4.86%	13.36%	22.24%
Revenues Before Loan Losses	99.18	86.34	74.75	66.31	53.2
Provision for Loan Losses	7.04	1.41	1.61	6.86	2.82
Revenue	92.14	84.92	73.14	59.45	50.38
Revenue Growth (YoY)	8.50%	16.11%	23.03%	18.00%	31.96%
Salaries and Employee Benefits	-	18.97	16.49	16.85	14.66
Federal Deposit Insurance	-	0.96	0.69	0.65	0.27
Amortization of Goodwill & Intangibles	-	0.36	0.41	0.49	0.64
Selling, General & Administrative	-	9.28	7.1	5.97	5.39
Other Non-Interest Expense	50.21	5.58	4.69	5.43	4.4
Total Non-Interest Expense	50.21	35.15	29.38	29.39	25.36
EBT Excluding Unusual Items	41.94	49.77	43.76	30.07	25.03
Pretax Income	41.94	49.77	43.76	30.07	24.68
Income Tax Expense	12.36	14.62	12.82	8.79	7.13
Net Income	29.58	35.15	30.94	21.27	17.55
Net Income to Common	29.58	35.15	30.94	21.27	17.55
Net Income Growth	-15.85%	13.59%	45.45%	21.22%	42.97%
Basic Shares Outstanding	9	8	9	9	8
Diluted Shares Outstanding	9	8	9	9	9
Shares Change (YoY)	6.95%	-1.26%	0.04%	0.27%	40.97%
EPS (Basic)	3.32	4.19	3.63	2.50	2.07
EPS (Diluted)	3.28	4.17	3.62	2.49	2.06
EPS Growth	-21.34%	15.19%	45.38%	20.87%	1.39%
Dividend Per Share	0.710	0.630	0.475	0.237	0.150
Dividend Growth	12.70%	32.63%	100.00%	58.33%	9.97%
Effective Tax Rate	29.47%	29.38%	29.29%	29.24%	28.88%

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