Skyline Bankshares, Inc. (SLBK)

Skyline Bankshares Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	62.16	49.97	39.88	32.69	33.09
Interest Income on Investments	3.59	3.56	3.49	3.88	1.67
Total Interest Income	65.75	53.54	43.37	36.57	34.76
Interest Paid on Deposits	14.13	12.65	6.62	1.74	2.34
Interest Paid on Borrowings	1.22	1.42	1.15	0.19	0.09
Total Interest Expense	15.35	14.07	7.77	1.93	2.43
Net Interest Income	50.4	39.47	35.6	34.64	32.33
Net Interest Income Growth (YoY)	27.68%	10.88%	2.77%	7.15%	14.21%
Gain (Loss) on Sale of Assets	-	-	0.2	-	-
Gain (Loss) on Sale of Investments	-	-0.14	-0.02	-0.01	0.27
Other Non-Interest Income	5.28	5.11	4.6	4.36	4.37
Total Non-Interest Income	7.79	7.29	6.97	6.26	6.18
Non-Interest Income Growth (YoY)	6.86%	4.52%	11.39%	1.33%	16.57%
Revenues Before Loan Losses	58.18	46.76	42.57	40.89	38.5
Provision for Loan Losses	0.87	1.12	-0.05	0.61	0.72
Revenue	57.31	45.64	42.62	40.29	37.78
Revenue Growth (YoY)	25.58%	7.09%	5.78%	6.64%	16.56%
Salaries and Employee Benefits	18.97	17.39	16.45	14.64	14.53
Occupancy Expenses	3.3	3.24	2.93	2.52	1.94
Federal Deposit Insurance	0.96	0.72	0.59	0.43	0.43
Amortization of Goodwill & Intangibles	0.77	0.48	0.37	0.48	0.6
Selling, General & Administrative	9.56	8.41	6.98	6.22	5.96
Other Non-Interest Expense	3.72	3.61	3.22	3.2	2.82
Total Non-Interest Expense	37.28	33.86	30.54	27.49	26.27
EBT Excluding Unusual Items	20.03	11.78	12.08	12.8	11.51
Other Unusual Items	-	-	-	-	0.39
Pretax Income	20.03	9.36	12.08	12.8	11.91
Income Tax Expense	4.19	1.93	2.38	2.52	2.42
Net Income	15.84	7.43	9.7	10.28	9.48
Net Income to Common	15.84	7.43	9.7	10.28	9.48
Net Income Growth	113.36%	-23.45%	-5.65%	8.43%	61.56%
Basic Shares Outstanding	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6
Shares Change (YoY)	0.51%	-0.40%	-0.16%	-6.36%	-1.78%
EPS (Basic)	2.84	1.34	1.74	1.84	1.59
EPS (Diluted)	2.84	1.34	1.74	1.84	1.59
EPS Growth	112.28%	-23.14%	-5.50%	15.79%	64.49%
Dividend Per Share	-	0.480	0.440	0.380	0.290
Dividend Growth	-	9.09%	15.79%	31.03%	11.54%
Effective Tax Rate	20.92%	20.66%	19.68%	19.68%	20.35%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.