Tri-County Financial Group, Inc. (TYFG)

TYFG Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2020	FY 2019	FY 2014
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2020	Dec 31, 2019	Dec 31, 2014
Interest Income on Loans	75.27	72.99	63.74	50.32	48.09	27.84
Interest Income on Investments	5	4.91	5.58	-	-	4.49
Total Interest Income	80.26	77.9	69.32	50.32	48.09	32.33
Interest Paid on Deposits	29.19	30.79	20.11	11.5	14.55	4.64
Interest Paid on Borrowings	3.27	4.2	6.46	-	-	0.06
Total Interest Expense	32.47	34.99	26.57	11.5	14.55	4.69
Net Interest Income	47.8	42.91	42.75	38.82	33.54	27.63
Net Interest Income Growth (YoY)	12.15%	0.37%	10.12%	15.74%	21.37%	-3.53%
Trust Income	0.26	0.27	0.28	-	-	0.19
Mortgage Banking Activities	10.93	9.92	9.3	-	-	10.51
Gain (Loss) on Sale of Investments	-	-	-	0.29	-	0.24
Other Non-Interest Income	5.51	5.44	5.95	35.87	16.68	4.18
Total Non-Interest Income	16.69	15.63	15.52	36.16	16.68	15.12
Non-Interest Income Growth (YoY)	8.41%	0.71%	-57.08%	116.79%	10.35%	-32.00%
Revenues Before Loan Losses	64.49	58.54	58.27	74.98	50.22	42.75
Provision for Loan Losses	0.71	-1.28	-0.85	5.05	1.8	1.8
Revenue	63.78	59.82	59.12	69.93	48.42	40.95
Revenue Growth (YoY)	7.28%	1.19%	-15.46%	44.42%	18.24%	-15.78%
Salaries and Employee Benefits	31.23	30.9	31.17	-	-	23.52
Federal Deposit Insurance	-0.01	-	-	0.43	0.13	-
Selling, General & Administrative	3.94	4.07	4.32	-	-	4.51
Other Non-Interest Expense	12.3	11	10.25	41.95	36.47	10.92
Total Non-Interest Expense	47.46	45.97	45.74	42.38	36.61	38.95
EBT Excluding Unusual Items	16.31	13.86	13.38	27.55	11.82	2
Pretax Income	16.31	13.86	13.38	27.55	11.82	2
Income Tax Expense	4.15	3.43	3.33	7.41	2.94	-0.07
Net Income	12.16	10.43	10.05	20.14	8.87	2.07
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.2
Net Income to Common	12.16	10.43	10.05	20.14	8.87	1.87
Net Income Growth	17.98%	3.82%	-50.13%	127.01%	328.44%	56.89%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
Shares Change (YoY)	-1.27%	-1.72%	0.48%	0.51%	31.02%	-1.60%
EPS (Basic)	5.09	4.32	4.09	8.16	3.61	1.03
EPS (Diluted)	5.04	4.28	4.05	8.16	3.61	1.00
EPS Growth	19.59%	5.68%	-50.35%	125.86%	261.86%	69.15%
Dividend Per Share	1.000	0.850	0.800	-	-	0.500
Dividend Growth	25.00%	6.25%	-	-	-	-
Effective Tax Rate	25.43%	24.74%	24.91%	26.89%	24.91%	-

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