Thomasville Bancshares 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	113.87	101.24	82.26	56.35	45.62
Interest Income on Investments	10.2	14.14	8.47	3.74	0.4
Total Interest Income	124.07	115.38	90.73	60.08	46.03
Interest Paid on Deposits	42.99	45.78	28	5.42	2.77
Interest Paid on Borrowings	2.17	1.72	2.34	1.05	1.05
Total Interest Expense	45.15	47.5	30.34	6.47	3.81
Net Interest Income	78.92	67.88	60.39	53.61	42.21
Net Interest Income Growth (YoY)	16.26%	12.41%	12.63%	27.00%	8.62%
Trust Income	21.63	19.17	16	15.79	15.61
Gain (Loss) on Sale of Assets	-	-	-	2.42	-
Gain (Loss) on Sale of Investments	-	-	-0.76	-2.71	-
Other Non-Interest Income	2.68	2.54	2.51	2.71	3.06
Total Non-Interest Income	24.84	22.21	18.21	18.65	19.12
Non-Interest Income Growth (YoY)	11.81%	21.96%	-2.35%	-2.43%	24.69%
Revenues Before Loan Losses	103.75	90.09	78.6	72.26	61.33
Provision for Loan Losses	6	2	2.5	7.05	3.03
Revenue	97.75	88.09	76.1	65.21	58.3
Revenue Growth (YoY)	10.96%	15.76%	16.69%	11.85%	17.92%
Salaries and Employee Benefits	23.94	21.2	19.26	18.72	17.15
Federal Deposit Insurance	1.35	1.42	1.31	1.2	1.18
Selling, General & Administrative	7.69	7.54	6.63	6.12	5.09
Other Non-Interest Expense	7.28	7.06	5.79	6.27	5.36
Total Non-Interest Expense	40.26	37.23	32.98	32.31	28.78
EBT Excluding Unusual Items	57.49	50.87	43.12	32.9	29.52
Pretax Income	57.49	50.87	43.12	32.9	29.52
Income Tax Expense	12.74	11.6	9.57	7.11	6.43
Net Income	44.75	39.27	33.55	25.79	23.09
Preferred Dividends & Other Adjustments	0.9	0.77	0.68	0.61	0.56
Net Income to Common	43.86	38.5	32.86	25.18	22.53
Net Income Growth	13.96%	17.06%	30.07%	11.70%	19.10%
Basic Shares Outstanding	6	6	6	6	6
Diluted Shares Outstanding	7	7	7	7	7
Shares Change (YoY)	0.24%	1.45%	-1.90%	0.33%	0.27%
EPS (Basic)	6.94	6.11	5.30	4.17	3.74
EPS (Diluted)	6.73	5.92	5.13	3.87	3.47
EPS Growth	13.68%	15.39%	32.59%	11.33%	18.77%
Dividend Per Share	2.700	2.300	2.000	1.750	1.600
Dividend Growth	17.39%	15.00%	14.29%	9.38%	6.67%
Effective Tax Rate	22.15%	22.80%	22.20%	21.61%	21.79%

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