Truxton Corporation (TRUX)

Truxton 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	41.74	41.72	37.8	25.13	18.33	17.2
Interest Income on Investments	15.39	14.53	11.24	7.48	4.96	3.67
Total Interest Income	57.13	56.25	49.04	32.6	23.28	20.87
Interest Paid on Deposits	28	27.85	20.88	6.79	2.25	1.94
Interest Paid on Borrowings	1.84	2.21	3.42	0.97	1.09	0.66
Total Interest Expense	29.84	30.06	24.3	7.76	3.34	2.6
Net Interest Income	27.29	26.19	24.75	24.84	19.95	18.27
Net Interest Income Growth (YoY)	9.99%	5.82%	-0.39%	24.55%	9.19%	18.53%
Trust Income	21.03	20.6	17.66	16.38	15.1	11.47
Gain (Loss) on Sale of Investments	-0.34	-0.34	-0.38	-0.64	-	-
Other Non-Interest Income	2.33	1.5	0.51	0.46	0.49	0.47
Total Non-Interest Income	23.33	22.12	18.26	16.61	15.92	12.2
Non-Interest Income Growth (YoY)	23.55%	21.16%	9.90%	4.34%	30.51%	4.54%
Revenues Before Loan Losses	50.62	48.31	43	41.46	35.87	30.47
Provision for Loan Losses	0.61	0.22	0.3	0.98	0.29	1.09
Revenue	50.01	48.09	42.71	40.47	35.58	29.37
Revenue Growth (YoY)	15.05%	12.60%	5.52%	13.76%	21.11%	8.69%
Salaries and Employee Benefits	17.7	16.65	13.49	13.21	12.28	10.45
Federal Deposit Insurance	0.34	0.42	0.46	0.25	0.21	0.15
Selling, General & Administrative	5.21	5.18	5.48	4.96	4.24	3.91
Other Non-Interest Expense	2.98	2.86	1.63	1.55	1.43	1.41
Total Non-Interest Expense	26.23	25.12	21.05	19.97	18.17	15.92
EBT Excluding Unusual Items	23.78	22.97	21.65	20.51	17.41	13.46
Pretax Income	23.78	22.97	21.65	20.51	17.41	13.46
Income Tax Expense	4.65	4.56	4.12	3.78	2.87	2.31
Net Income	19.13	18.41	17.54	16.73	14.54	11.15
Preferred Dividends & Other Adjustments	-	-	0.47	0.45	0.35	0.26
Net Income to Common	19.13	18.41	17.07	16.28	14.19	10.89
Net Income Growth	8.82%	4.99%	4.84%	15.03%	30.42%	14.44%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	2.05%	2.48%	0.11%	0.23%	1.23%	1.55%
EPS (Basic)	6.62	6.35	6.04	5.78	5.05	3.94
EPS (Diluted)	6.60	6.34	6.02	5.75	5.02	3.90
EPS Growth	9.50%	5.32%	4.70%	14.54%	28.72%	12.72%
Dividend Per Share	1.790	1.720	1.520	1.360	1.200	1.120
Dividend Growth	14.01%	13.16%	11.77%	13.33%	7.14%	12.00%
Effective Tax Rate	19.57%	19.84%	19.01%	18.43%	16.48%	17.16%

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