Solera National Bancorp, Inc. (SLRK)

Solera National Bancorp 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	52.08	54.94	45.87	25	18.45
Interest Income on Investments	19.12	15.21	15.56	10.28	2.77
Total Interest Income	71.2	70.15	61.43	35.28	21.22
Interest Paid on Deposits	24.52	23	20	3.91	0.76
Interest Paid on Borrowings	5.12	7.62	6.26	0.98	0.1
Total Interest Expense	29.64	30.61	26.26	4.89	0.86
Net Interest Income	41.56	39.54	35.17	30.39	20.36
Net Interest Income Growth (YoY)	5.12%	12.41%	15.71%	49.27%	54.62%
Gain (Loss) on Sale of Assets	0.38	0.11	0.03	0.94	-
Gain (Loss) on Sale of Investments	8.99	0.92	0.31	1.75	2.18
Other Non-Interest Income	3.26	4.07	3.42	2.9	1.54
Total Non-Interest Income	12.63	5.11	3.76	5.6	3.72
Non-Interest Income Growth (YoY)	147.48%	35.81%	-32.86%	50.59%	53.00%
Revenues Before Loan Losses	54.2	44.64	38.93	35.99	24.08
Provision for Loan Losses	1.33	1.32	1.53	1.58	1.6
Revenue	52.86	43.32	37.4	34.42	22.48
Revenue Growth (YoY)	22.02%	15.84%	8.66%	53.07%	67.14%
Salaries and Employee Benefits	10.88	10.02	8.12	7.09	4.36
Occupancy Expenses	1.89	1.43	0.87	0.9	0.67
Selling, General & Administrative	4.77	2.8	7.15	4.44	2.78
Other Non-Interest Expense	4.32	4.55	-	-	-
Total Non-Interest Expense	21.85	18.79	16.14	12.43	7.81
EBT Excluding Unusual Items	31.01	24.54	21.26	21.99	14.68
Pretax Income	31.01	24.54	21.26	21.99	14.68
Income Tax Expense	8.01	6.5	4.61	3.82	3.59
Net Income	23.01	18.04	16.66	18.17	11.09
Net Income to Common	23.01	18.04	16.66	18.17	11.09
Net Income Growth	27.56%	8.28%	-8.32%	63.81%	86.91%
Basic Shares Outstanding	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4
Shares Change (YoY)	-	-	0.54%	-0.47%	2.38%
EPS (Basic)	5.35	4.19	3.87	4.25	2.58
EPS (Diluted)	5.35	4.19	3.87	4.25	2.58
EPS Growth	27.56%	8.28%	-8.81%	64.65%	82.98%
Effective Tax Rate	25.82%	26.50%	21.67%	17.37%	24.43%

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