Tri City Bankshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	82.02	79.4	58.93	53.7	45.16	43
Interest Income on Investments	-	-	17.63	15.03	14.29	9.88
Total Interest Income	82.02	79.4	76.56	68.73	59.45	52.88
Interest Paid on Deposits	17.65	17.65	17.14	10.05	1.85	0.94
Interest Paid on Borrowings	-	-	6.45	5.4	0.01	0
Total Interest Expense	17.65	17.65	23.59	15.45	1.86	0.94
Net Interest Income	64.37	61.75	52.97	53.28	57.59	51.93
Net Interest Income Growth (YoY)	18.89%	16.57%	-0.59%	-7.49%	10.90%	4.66%
Gain (Loss) on Sale of Assets	-	-	1.07	-	-	-
Gain (Loss) on Sale of Investments	-	-	-4.76	-0.45	0.88	-
Other Non-Interest Income	14.99	15.04	10.25	10.08	12.66	11.69
Total Non-Interest Income	14.99	15.04	12.53	14.47	18.27	18.11
Non-Interest Income Growth (YoY)	-12.14%	20.07%	-13.42%	-20.80%	0.91%	-1.44%
Revenues Before Loan Losses	79.36	76.79	65.5	67.75	75.87	70.04
Provision for Loan Losses	0.25	0.25	-0.43	-0.46	-	-
Revenue	79.11	76.54	65.92	68.21	75.87	70.04
Revenue Growth (YoY)	10.45%	16.11%	-3.35%	-10.10%	8.31%	5.34%
Salaries and Employee Benefits	-	-	30.89	30.61	30.29	29
Occupancy Expenses	-	-	2.96	3.19	3	2.91
Federal Deposit Insurance	-	-	1.15	1.17	0.89	0.84
Selling, General & Administrative	-	-	13.67	13.4	14.85	13.91
Other Non-Interest Expense	61.22	59.19	3.45	5	6.14	5.14
Total Non-Interest Expense	61.22	59.19	52.11	53.37	55.17	51.8
EBT Excluding Unusual Items	17.89	17.35	13.81	14.84	20.7	18.24
Pretax Income	17.89	17.35	13.81	14.84	20.7	18.24
Income Tax Expense	2.75	2.7	2.08	8.38	3.23	2.88
Net Income	15.14	14.65	11.73	6.46	17.47	15.36
Net Income to Common	15.14	14.65	11.73	6.46	17.47	15.36
Net Income Growth	24.75%	24.89%	81.59%	-63.02%	13.72%	8.04%
Basic Shares Outstanding	9	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9	9
Shares Change (YoY)	-0.19%	0.29%	-	-	-	-
EPS (Basic)	1.70	1.64	1.32	0.73	1.96	1.72
EPS (Diluted)	1.70	1.64	1.32	0.73	1.96	1.72
EPS Growth	25.00%	24.53%	81.59%	-63.02%	13.72%	8.04%
Dividend Per Share	0.720	0.720	0.720	0.720	0.570	0.520
Dividend Growth	-	-	-	26.32%	9.62%	-
Effective Tax Rate	15.37%	15.58%	15.06%	56.47%	15.62%	15.81%

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