Solera National Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	53.23	54.94	45.87	25	18.45	12.54
Interest Income on Investments	16.69	15.21	15.56	10.28	2.77	1.67
Total Interest Income	69.92	70.15	61.43	35.28	21.22	14.21
Interest Paid on Deposits	23.22	23	20	3.91	0.76	0.96
Interest Paid on Borrowings	4.76	7.62	6.26	0.98	0.1	0.09
Total Interest Expense	27.99	30.61	26.26	4.89	0.86	1.04
Net Interest Income	41.93	39.54	35.17	30.39	20.36	13.17
Net Interest Income Growth (YoY)	9.34%	12.41%	15.71%	49.27%	54.62%	41.88%
Gain (Loss) on Sale of Assets	0.11	0.11	0.03	0.94	-	-
Gain (Loss) on Sale of Investments	5.7	0.92	0.31	1.75	2.18	1.48
Other Non-Interest Income	3.35	4.07	3.42	2.9	1.54	0.87
Total Non-Interest Income	9.16	5.11	3.76	5.6	3.72	2.43
Non-Interest Income Growth (YoY)	103.92%	35.81%	-32.86%	50.59%	53.00%	250.14%
Revenues Before Loan Losses	51.09	44.64	38.93	35.99	24.08	15.6
Provision for Loan Losses	0.33	1.32	1.53	1.58	1.6	2.15
Revenue	50.76	43.32	37.4	34.42	22.48	13.45
Revenue Growth (YoY)	22.84%	15.84%	8.66%	53.07%	67.14%	42.56%
Salaries and Employee Benefits	10.93	10.02	8.12	7.09	4.36	3.58
Occupancy Expenses	1.08	1.08	0.87	0.9	0.67	0.42
Selling, General & Administrative	8.88	7.69	7.15	4.44	2.78	1.78
Total Non-Interest Expense	20.89	18.79	16.14	12.43	7.81	5.78
EBT Excluding Unusual Items	29.87	24.54	21.26	21.99	14.68	7.67
Pretax Income	29.87	24.54	21.26	21.99	14.68	7.67
Income Tax Expense	7.48	6.5	4.61	3.82	3.59	1.74
Net Income	22.39	18.04	16.66	18.17	11.09	5.93
Net Income to Common	22.39	18.04	16.66	18.17	11.09	5.93
Net Income Growth	37.40%	8.28%	-8.32%	63.81%	86.91%	66.59%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	0.88%	-	0.54%	-0.47%	2.38%	0.78%
EPS (Basic)	5.21	4.19	3.87	4.25	2.58	1.42
EPS (Diluted)	5.21	4.19	3.87	4.25	2.58	1.41
EPS Growth	36.32%	8.28%	-8.81%	64.65%	82.98%	63.95%
Effective Tax Rate	25.04%	26.50%	21.67%	17.37%	24.43%	22.67%

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