Tri City Bankshares Corporation (TRCY)

Tri City Bankshares 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	59.84	58.93	53.7	45.16	43	42.72
Interest Income on Investments	17.63	17.63	15.03	14.29	9.88	8.35
Total Interest Income	77.47	76.56	68.73	59.45	52.88	51.07
Interest Paid on Deposits	12.04	17.14	10.05	1.85	0.94	1.45
Interest Paid on Borrowings	6.45	6.45	5.4	0.01	0	0
Total Interest Expense	18.49	23.59	15.45	1.86	0.94	1.45
Net Interest Income	58.98	52.97	53.28	57.59	51.93	49.62
Net Interest Income Growth (YoY)	12.66%	-0.59%	-7.49%	10.90%	4.66%	-3.00%
Gain (Loss) on Sale of Assets	1.07	1.07	-	-	-	-
Gain (Loss) on Sale of Investments	-4.76	-4.76	-0.45	0.88	-	-
Other Non-Interest Income	8.8	10.25	10.08	12.66	11.69	11.91
Total Non-Interest Income	11.08	12.53	14.47	18.27	18.11	18.37
Non-Interest Income Growth (YoY)	-33.86%	-13.42%	-20.80%	0.91%	-1.44%	-0.34%
Revenues Before Loan Losses	70.05	65.5	67.75	75.87	70.04	67.99
Provision for Loan Losses	-0.05	-0.43	-0.46	-	-	1.5
Revenue	70.1	65.92	68.21	75.87	70.04	66.49
Revenue Growth (YoY)	1.27%	-3.35%	-10.10%	8.31%	5.34%	-4.45%
Salaries and Employee Benefits	30.89	30.89	30.61	30.29	29	27.79
Occupancy Expenses	2.96	2.96	3.19	3	2.91	2.93
Federal Deposit Insurance	1.15	1.15	1.17	0.89	0.84	0.53
Selling, General & Administrative	13.67	13.67	13.4	14.85	13.91	13.31
Other Non-Interest Expense	5.74	3.45	5	6.14	5.14	5.2
Total Non-Interest Expense	54.41	52.11	53.37	55.17	51.8	49.76
EBT Excluding Unusual Items	15.69	13.81	14.84	20.7	18.24	16.74
Pretax Income	15.69	13.81	14.84	20.7	18.24	16.74
Income Tax Expense	2.57	2.08	8.38	3.23	2.88	2.52
Net Income	13.12	11.73	6.46	17.47	15.36	14.22
Net Income to Common	13.12	11.73	6.46	17.47	15.36	14.22
Net Income Growth	6.56%	81.59%	-63.02%	13.72%	8.04%	-24.07%
Basic Shares Outstanding	9	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9	9
Shares Change (YoY)	0.30%	-	-	-	-	-
EPS (Basic)	1.47	1.32	0.73	1.96	1.72	1.60
EPS (Diluted)	1.47	1.32	0.73	1.96	1.72	1.60
EPS Growth	6.23%	81.59%	-63.02%	13.72%	8.04%	-24.07%
Dividend Per Share	0.720	0.720	0.720	0.570	0.520	0.520
Dividend Growth	-	-	26.32%	9.62%	-	-
Effective Tax Rate	16.36%	15.06%	56.47%	15.62%	15.81%	15.05%

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