Fifth District Bancorp, Inc. (FDSB)

Fifth District Bancorp Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Interest Income on Loans	15.05	14.12	12.52
Interest Income on Investments	3.32	2.29	1.88
Total Interest Income	18.37	16.41	14.4
Interest Paid on Deposits	8.87	6.27	1.62
Interest Paid on Borrowings	0.05	0.09	-
Total Interest Expense	8.92	6.36	1.62
Net Interest Income	9.45	10.05	12.78
Net Interest Income Growth (YoY)	-26.10%	-21.39%	-
Other Non-Interest Income	0.8	0.77	0.77
Total Non-Interest Income	0.02	0.97	0.95
Non-Interest Income Growth (YoY)	-98.24%	2.18%	-
Revenues Before Loan Losses	9.46	11.02	13.73
Provision for Loan Losses	-1.44	-0.33	-
Revenue	10.9	11.35	13.73
Revenue Growth (YoY)	-20.65%	-17.39%	-
Salaries and Employee Benefits	6.33	5.95	5.93
Occupancy Expenses	1.77	1.66	1.54
Federal Deposit Insurance	0.24	0.2	0.12
Selling, General & Administrative	2.07	2	1.97
Other Non-Interest Expense	1.89	0.59	0.56
Total Non-Interest Expense	12.3	10.4	10.11
EBT Excluding Unusual Items	-1.4	0.95	3.62
Pretax Income	-1.4	0.95	3.62
Income Tax Expense	-0.34	0.15	0.71
Net Income	-1.06	0.8	2.91
Net Income to Common	-1.06	0.8	2.91
Net Income Growth	-	-72.60%	-
Effective Tax Rate	-	15.72%	19.67%

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