COFS 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	Sep '26 Sep 30, 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	186.62	172.91	89.58	68.38	52.82	48.66
Interest Income on Investments	30.66	30.04	31.52	30.6	22.24	15.96
Total Interest Income	217.28	202.96	121.1	98.98	75.06	64.62
Interest Paid on Deposits	56.54	53.97	34.17	23.99	5.85	3.31
Interest Paid on Borrowings	12.12	11.92	12.49	9.11	1.9	0.67
Total Interest Expense	68.67	65.89	46.66	33.1	7.75	3.98
Net Interest Income	148.61	137.07	74.44	65.89	67.31	60.64
Net Interest Income Growth	24.28%	84.13%	12.99%	-2.12%	11.00%	18.74%
Trust Income	2.81	2.53	0.91	0.77	0.73	0.79
Mortgage Banking Activities	-	-	-	-	-	2.34
Gain (Loss) on Sale of Investments	-2.4	0.61	0.2	-0.32	-1.76	0.44
Other Non-Interest Income	21.31	19.48	13.56	12.35	7.6	11.18
Total Non-Interest Income	23.3	24.36	17.3	14.91	13.8	19.19
Non-Interest Income Growth	1.93%	40.87%	16.03%	8.03%	-28.11%	-15.44%
Revenues Before Loan Losses	171.92	161.43	91.74	80.79	81.11	79.84
Provision for Loan Losses	2.25	14.81	0.63	0.15	0.25	0.42
Revenue	169.67	146.62	91.11	80.64	80.86	79.42
Revenue Growth	32.32%	60.92%	12.98%	-0.27%	1.82%	13.83%
Salaries and Employee Benefits	56.84	51.85	32.69	30.96	29.43	28.49
Occupancy Expenses	9.47	8.72	5.48	5.72	5.98	6.02
Federal Deposit Insurance	2.08	2.01	1.34	1.18	0.72	0.8
Amortization of Goodwill & Intangibles	6.52	5.82	0.76	0.96	1.15	1.31
Selling, General & Administrative	19.43	18.17	12.22	11.65	11.56	11.63
Other Non-Interest Expense	9.38	8.79	5.21	4.61	4.64	4.68
Total Non-Interest Expense	103.72	95.37	57.68	55.07	53.48	52.92
EBT Excluding Unusual Items	65.95	51.25	33.43	25.57	27.38	26.5
Pretax Income	66.25	34.19	33.09	25.57	27.66	26.5
Income Tax Expense	11.67	6.01	6.36	4.31	4.02	4.46
Net Income	54.58	28.18	26.73	21.26	23.64	22.04
Net Income to Common	54.58	28.18	26.73	21.26	23.64	22.04
Net Income Growth	154.23%	5.42%	25.71%	-10.06%	7.25%	41.18%
Basic Shares Outstanding	15	14	8	8	8	8
Diluted Shares Outstanding	15	14	8	8	8	8
Shares Change	20.57%	70.20%	8.57%	0.60%	-2.28%	2.27%
EPS (Basic)	3.65	2.02	3.27	2.82	3.15	2.87
EPS (Diluted)	3.63	2.01	3.25	2.82	3.15	2.86
EPS Growth	111.34%	-38.15%	15.25%	-10.48%	10.14%	38.16%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Dividend Per Share	1.160	1.130	1.090	1.050	1.010	0.940
Dividend Growth	3.57%	3.67%	3.81%	3.96%	7.45%	14.63%
Effective Tax Rate	17.61%	17.59%	19.23%	16.84%	14.53%	16.82%

SEC Filings: 10-K · 10-Q