SOME Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	134.8	99.86	84.48	63.13	59.41
Interest Income on Investments	-	23.39	21.11	15.91	9.98
Total Interest Income	134.8	123.25	105.59	79.04	69.38
Interest Paid on Deposits	44.86	32.06	18.05	5.45	5.01
Interest Paid on Borrowings	-	10.66	7.52	3.1	2.26
Total Interest Expense	44.86	42.72	25.57	8.55	7.26
Net Interest Income	89.94	80.53	80.02	70.49	62.12
Net Interest Income Growth (YoY)	11.69%	0.64%	13.52%	13.48%	10.86%
Trust Income	5.88	5.65	4.85	4.86	4.62
Gain (Loss) on Sale of Investments	-0.99	-	-0.25	-2.48	0
Other Non-Interest Income	13.3	9.19	9.02	8.55	8.35
Total Non-Interest Income	18.18	17.64	16.03	13.55	16.85
Non-Interest Income Growth (YoY)	3.05%	10.07%	18.29%	-19.57%	-10.48%
Revenues Before Loan Losses	108.12	98.17	96.04	84.04	78.96
Provision for Loan Losses	3.46	0.64	3.4	1.05	4.14
Revenue	104.66	97.53	92.64	82.99	74.82
Revenue Growth (YoY)	7.32%	5.27%	11.63%	10.92%	9.56%
Salaries and Employee Benefits	40.23	36.82	32.1	31.73	33.44
Occupancy Expenses	10.13	5.33	4.5	3.96	3.79
Federal Deposit Insurance	-	1.69	1.31	1.14	1.01
Amortization of Goodwill & Intangibles	-	-	-	-	0.14
Selling, General & Administrative	-	16	17.88	15.28	14.79
Other Non-Interest Expense	24.3	8.24	9.61	6.83	6.69
Total Non-Interest Expense	74.65	68.05	65.29	58.92	59.81
EBT Excluding Unusual Items	30.02	29.48	27.35	24.08	15.01
Asset Writedown	-	-	-	0.06	0.54
Pretax Income	30.02	29.48	27.35	24.14	15.56
Income Tax Expense	5	4.99	4.11	3.28	1.61
Net Income	25.02	24.49	23.24	20.86	13.95
Net Income to Common	25.02	24.49	23.24	20.86	13.95
Net Income Growth	2.15%	5.40%	11.41%	49.55%	20.89%
Basic Shares Outstanding	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3
Shares Change (YoY)	-0.02%	-	0.16%	0.44%	0.01%
EPS (Basic)	9.92	9.71	9.21	8.28	5.56
EPS (Diluted)	9.92	9.71	9.21	8.28	5.56
EPS Growth	2.17%	5.40%	11.23%	48.89%	20.87%
Dividend Per Share	1.700	1.650	1.610	1.570	1.530
Dividend Growth	3.03%	2.48%	2.55%	2.61%	2.69%
Effective Tax Rate	16.66%	16.93%	15.04%	13.59%	10.35%

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