SVB & T Corporation (SVBT)

SVB & T 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	30.31	29.8	26.56	19.4	18.66	18.39
Interest Income on Investments	3.85	3.85	3.09	2.15	2.05	2.03
Total Interest Income	34.16	33.65	29.65	21.55	20.71	20.41
Interest Paid on Deposits	16.19	16.32	11.32	2.41	1.23	2.92
Interest Paid on Borrowings	0.38	0.38	0.7	0.76	0.73	0.89
Total Interest Expense	16.56	16.69	12.02	3.16	1.95	3.81
Net Interest Income	17.6	16.96	17.63	18.39	18.76	16.6
Net Interest Income Growth (YoY)	-0.19%	-3.81%	-4.13%	-1.96%	12.99%	18.20%
Trust Income	5.3	5.1	4.49	4.1	4.07	3.21
Gain (Loss) on Sale of Investments	-0.01	-0.01	-	-	0.01	0.01
Other Non-Interest Income	4.12	4.02	3	3.43	2.08	1.3
Total Non-Interest Income	10.73	10.38	8.4	8.65	8.59	7.79
Non-Interest Income Growth (YoY)	27.76%	23.59%	-2.95%	0.72%	10.21%	32.67%
Revenues Before Loan Losses	28.33	27.34	26.03	27.04	27.35	24.39
Provision for Loan Losses	0.21	0.12	0.54	0.97	1.29	2.97
Revenue	28.12	27.22	25.48	26.07	26.06	21.43
Revenue Growth (YoY)	10.33%	6.80%	-2.24%	0.02%	21.63%	12.57%
Salaries and Employee Benefits	12.12	12.2	11.17	11.03	10.38	9.39
Occupancy Expenses	2.14	2.15	2.22	2.08	1.98	1.91
Federal Deposit Insurance	0.28	0.28	0.26	0.14	0.13	0.12
Selling, General & Administrative	0.27	0.17	0.13	0.05	0.05	0.05
Other Non-Interest Expense	5.35	5.4	5.18	5.23	4.74	4.34
Total Non-Interest Expense	20.14	20.19	18.96	18.52	17.28	15.82
EBT Excluding Unusual Items	7.98	7.03	6.52	7.55	8.79	5.61
Pretax Income	7.98	7.03	6.52	7.55	8.79	5.61
Income Tax Expense	1.18	0.92	0.88	1.2	1.4	0.77
Net Income	6.8	6.11	5.65	6.35	7.38	4.84
Preferred Dividends & Other Adjustments	0.02	0.02	0.02	0.02	0.02	0.02
Net Income to Common	6.78	6.09	5.63	6.34	7.37	4.83
Net Income Growth	20.42%	8.16%	-11.10%	-13.98%	52.51%	19.35%
Basic Shares Outstanding	1	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1	1
Shares Change (YoY)	-0.21%	-0.19%	-0.10%	-0.25%	-1.40%	-
EPS (Basic)	6.19	5.55	5.12	5.76	6.68	4.31
EPS (Diluted)	6.19	5.55	5.12	5.76	6.68	4.31
EPS Growth	20.71%	8.40%	-11.04%	-13.79%	54.85%	19.43%
Dividend Per Share	0.600	0.800	0.720	0.640	0.540	0.520
Dividend Growth	-16.67%	11.11%	12.50%	18.52%	3.85%	4.00%
Effective Tax Rate	14.75%	13.11%	13.46%	15.88%	15.98%	13.66%

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