Civista Bancshares, Inc. (CIVB)

Civista Bancshares Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	179.5	160.76	108.05	92.88	87.78	84.97
Interest Income on Investments	22.56	21.98	18.1	12.17	12.09	13.08
Total Interest Income	202.06	182.73	126.16	105.05	99.87	98.05
Interest Paid on Deposits	61.82	33.76	3.84	4.18	6.88	8.06
Interest Paid on Borrowings	24.83	23.48	12.11	5.45	3.26	4.9
Total Interest Expense	86.65	57.24	15.95	9.63	10.14	12.95
Net Interest Income	115.41	125.5	110.2	95.43	89.73	85.1
Net Interest Income Growth (YoY)	-9.84%	13.88%	15.49%	6.35%	5.44%	28.73%
Trust Income	5.25	4.77	4.9	4.86	3.98	3.67
Gain (Loss) on Sale of Investments	0.3	-0.02	0.13	1.97	0.04	0.15
Other Non-Interest Income	27.94	29.51	20.65	16.58	15.6	15.91
Total Non-Interest Income	37.55	37.16	29.08	31.45	28.18	22.44
Non-Interest Income Growth (YoY)	-2.22%	27.81%	-7.55%	11.60%	25.57%	23.78%
Revenues Before Loan Losses	152.96	162.66	139.28	126.88	117.91	107.54
Provision for Loan Losses	6.4	4.44	1.75	0.83	10.11	1.04
Revenue	146.57	158.22	137.53	126.05	107.8	106.51
Revenue Growth (YoY)	-10.06%	15.05%	9.11%	16.93%	1.21%	27.62%
Salaries and Employee Benefits	60.15	57.31	50.03	43.99	41.86	38.63
Occupancy Expenses	5.26	5.4	4.7	4.21	4.08	3.84
Federal Deposit Insurance	1.69	1.64	0.8	1.06	0.73	0.14
Amortization of Goodwill & Intangibles	1.58	1.58	1.3	0.89	0.91	0.95
Selling, General & Administrative	24.22	24.78	17.98	10.84	10.21	10.39
Other Non-Interest Expense	17.24	16.91	13.8	16.68	12.88	13.02
Total Non-Interest Expense	110.13	107.61	88.6	77.67	70.67	66.95
EBT Excluding Unusual Items	36.43	50.61	48.93	48.38	37.13	39.56
Pretax Income	36.43	50.61	47.04	48.38	37.13	39.56
Income Tax Expense	4.99	7.65	7.61	7.84	4.94	5.68
Net Income	31.45	42.96	39.43	40.55	32.19	33.88
Preferred Dividends & Other Adjustments	0.82	1.58	0.5	0.17	0.1	0.73
Net Income to Common	30.63	41.38	38.93	40.37	32.09	33.14
Net Income Growth	-30.82%	8.97%	-2.76%	25.95%	-4.98%	139.61%
Basic Shares Outstanding	15	15	15	15	16	16
Diluted Shares Outstanding	15	15	15	15	16	17
Shares Change (YoY)	1.01%	1.23%	-2.43%	-4.59%	-4.35%	21.33%
EPS (Basic)	2.00	2.73	2.60	2.63	2.00	2.12
EPS (Diluted)	2.00	2.73	2.60	2.63	2.00	2.01
EPS Growth	-30.92%	5.00%	-1.14%	31.78%	-0.71%	96.97%
Dividend Per Share	0.640	0.610	0.560	0.520	0.440	0.420
Dividend Growth	8.47%	8.93%	7.69%	18.18%	4.76%	31.25%
Effective Tax Rate	13.69%	15.11%	16.18%	16.19%	13.30%	14.37%

Source: S&P Capital IQ. Banks template. Financial Sources.