SouthPoint Bancshares, Inc. (SOUB)

SouthPoint Bancshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	103.17	109.95	87.14	48.88	26.29	20.42
Interest Income on Investments	5.72	5.72	4.18	2.02	1.67	1.55
Total Interest Income	108.89	115.67	91.32	50.9	27.96	21.98
Interest Paid on Deposits	53.81	56.36	28.97	5.48	3.22	4.25
Interest Paid on Borrowings	5.6	5.6	11.54	4.08	0.95	0.24
Total Interest Expense	59.42	61.96	40.5	9.56	4.17	4.49
Net Interest Income	49.47	53.71	50.82	41.34	23.79	17.48
Net Interest Income Growth (YoY)	-12.36%	5.69%	22.93%	73.78%	36.06%	24.95%
Gain (Loss) on Sale of Investments	-0	-0	-0	0	1.65	0.09
Other Non-Interest Income	10.69	8.7	8.31	10.45	13.11	15.32
Total Non-Interest Income	10.69	8.7	8.31	10.45	14.75	15.4
Non-Interest Income Growth (YoY)	24.76%	4.59%	-20.46%	-29.15%	-4.23%	142.68%
Revenues Before Loan Losses	60.16	62.4	59.13	51.79	38.54	32.89
Provision for Loan Losses	46.81	41.4	5.4	3.48	4.12	2.25
Revenue	13.35	21	53.73	48.32	34.43	30.64
Revenue Growth (YoY)	-76.50%	-60.91%	11.21%	40.35%	12.37%	52.42%
Salaries and Employee Benefits	17.35	17.35	19.06	19.21	15.88	14.83
Occupancy Expenses	1.12	1.12	0.92	1.39	1.08	0.9
Selling, General & Administrative	5.58	5.58	5.16	4.41	3.42	2.69
Other Non-Interest Expense	11.01	10.02	8.64	7.12	4.08	2.8
Total Non-Interest Expense	35.06	34.07	33.79	32.14	24.46	21.22
EBT Excluding Unusual Items	-21.7	-13.06	19.95	16.18	9.97	9.42
Pretax Income	-21.7	-13.06	19.95	16.18	9.97	9.42
Income Tax Expense	-5.61	-3.71	4.36	3.55	2.19	2.09
Net Income	-16.09	-9.36	15.59	12.63	7.77	7.33
Net Income to Common	-16.09	-9.36	15.59	12.63	7.77	7.33
Net Income Growth	-	-	23.44%	62.47%	6.06%	46.63%
Basic Shares Outstanding	3	3	3	3	2	2
Diluted Shares Outstanding	3	3	3	3	2	2
Shares Change (YoY)	8.47%	-9.21%	11.05%	42.46%	0.48%	0.45%
EPS (Basic)	-4.69	-3.22	4.88	4.39	3.85	3.64
EPS (Diluted)	-4.69	-3.22	4.88	4.39	3.85	3.64
EPS Growth	-	-	11.15%	14.04%	5.56%	45.97%
Effective Tax Rate	-	-	21.84%	21.96%	22.02%	22.19%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.