SSB Bancorp 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 2021	FY 2020	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Interest Income on Loans	15.48	14.5	9.1	8.47	7.53
Interest Income on Investments	3.11	2.22	-	-	0.76
Total Interest Income	18.59	16.72	9.1	8.47	8.29
Interest Paid on Deposits	7.38	7.26	2.41	3.27	2.93
Interest Paid on Borrowings	0.9	0.81	-	-	0.87
Total Interest Expense	8.28	8.07	2.41	3.27	3.8
Net Interest Income	10.31	8.65	6.68	5.2	4.48
Net Interest Income Growth (YoY)	19.20%	29.44%	28.64%	15.84%	8.90%
Gain (Loss) on Sale of Investments	-	-	-	-	0.05
Other Non-Interest Income	1.96	0.81	1.4	2.32	0.32
Total Non-Interest Income	4.94	3.49	1.4	2.32	0.72
Non-Interest Income Growth (YoY)	41.60%	149.16%	-39.52%	219.95%	57.20%
Revenues Before Loan Losses	15.25	12.14	8.08	7.51	5.21
Provision for Loan Losses	0.81	0.5	0.48	0.53	0.17
Revenue	14.44	11.64	7.61	6.98	5.03
Revenue Growth (YoY)	24.04%	53.09%	8.97%	38.64%	13.69%
Salaries and Employee Benefits	5.1	4.17	-	-	2.09
Federal Deposit Insurance	0.27	0.35	-	-	0.16
Amortization of Goodwill & Intangibles	0.59	0.44	-	-	-
Selling, General & Administrative	2.54	2.68	-	-	1.61
Other Non-Interest Expense	2.55	1.34	6.27	5.06	0.56
Total Non-Interest Expense	11.28	9.16	6.27	5.06	4.49
EBT Excluding Unusual Items	3.17	2.48	1.34	1.92	0.55
Pretax Income	3.17	2.48	1.34	1.92	0.55
Income Tax Expense	0.93	0.59	0.23	0.49	0.11
Net Income	2.24	1.9	1.11	1.43	0.44
Net Income to Common	2.24	1.9	1.11	1.43	0.44
Net Income Growth	17.98%	71.38%	-22.66%	227.72%	14.70%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	-0.39%	-1.83%	0.95%	0.26%	0.38%
EPS (Basic)	1.05	0.88	0.51	0.66	0.20
EPS (Diluted)	1.04	0.88	0.50	0.66	0.20
EPS Growth	18.18%	76.00%	-23.91%	228.54%	13.68%
Effective Tax Rate	29.37%	23.66%	17.40%	25.56%	19.99%