Triad Business Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	22.49	22.14	17.09	9.94	6.54	2.73
Interest Income on Investments	5.45	5.75	6.17	4.24	2.06	0.6
Total Interest Income	27.94	27.89	23.27	14.18	8.61	3.33
Interest Paid on Deposits	15.47	15.64	11.65	2.54	1.13	0.53
Interest Paid on Borrowings	0.98	1.01	1.01	0.17	0.11	0.11
Total Interest Expense	16.45	16.65	12.66	2.72	1.23	0.63
Net Interest Income	11.49	11.24	10.61	11.46	7.37	2.7
Net Interest Income Growth (YoY)	8.31%	5.98%	-7.45%	55.48%	173.44%	-
Gain (Loss) on Sale of Investments	-0.06	-0.06	0.04	-0.16	0.57	0.03
Other Non-Interest Income	0.84	0.9	0.63	0.56	0.19	0.02
Total Non-Interest Income	1	1.07	0.87	0.59	0.84	0.06
Non-Interest Income Growth (YoY)	15.06%	22.24%	48.65%	-30.19%	1285.11%	-
Revenues Before Loan Losses	12.5	12.31	11.48	12.05	8.21	2.76
Provision for Loan Losses	3.96	3.79	2.92	1.32	1.19	0.91
Revenue	8.54	8.52	8.57	10.73	7.02	1.85
Revenue Growth (YoY)	-0.33%	-0.50%	-20.18%	52.83%	280.25%	-
Salaries and Employee Benefits	7.66	7.95	8.19	7.3	5.48	3.59
Occupancy Expenses	0.42	0.42	0.4	0.35	0.3	0.26
Selling, General & Administrative	2.35	2.35	2.36	2.11	1.85	1.42
Other Non-Interest Expense	2.11	2.11	1.93	1.27	0.96	0.49
Total Non-Interest Expense	12.54	12.82	12.89	11.03	8.59	5.83
EBT Excluding Unusual Items	-4	-4.3	-4.32	-0.3	-1.57	-3.99
Pretax Income	-4	-4.3	-4.32	-0.3	-1.57	-3.99
Income Tax Expense	-	-	-	0.07	-	0
Net Income	-4	-4.3	-4.32	-0.36	-1.57	-3.99
Net Income to Common	-4	-4.3	-4.32	-0.36	-1.57	-3.99
Basic Shares Outstanding	8	7	7	7	6	5
Diluted Shares Outstanding	8	7	7	7	6	5
Shares Change (YoY)	15.69%	10.81%	0.77%	15.37%	12.59%	-
EPS (Basic)	-0.52	-0.58	-0.65	-0.06	-0.27	-0.78
EPS (Diluted)	-0.52	-0.58	-0.65	-0.06	-0.27	-0.78

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.