FMCB Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	218.67	223.27	204.48	164.02	147.21
Interest Income on Investments	60.82	48.71	49.27	34.39	18.06
Total Interest Income	279.49	271.98	253.75	198.41	165.27
Interest Paid on Deposits	59.57	63.44	37.52	4.35	4.02
Interest Paid on Borrowings	0.77	1.86	0.85	0.49	0.32
Total Interest Expense	60.33	65.3	38.37	4.84	4.33
Net Interest Income	219.16	206.68	215.39	193.57	160.94
Net Interest Income Growth (YoY)	6.04%	-4.04%	11.27%	20.28%	7.43%
Gain (Loss) on Sale of Investments	0.04	0.74	-8.2	-10.69	2.55
Other Non-Interest Income	15.89	13.63	17.38	13.62	12.92
Total Non-Interest Income	19	17.43	11.94	5.73	18.44
Non-Interest Income Growth (YoY)	9.03%	45.98%	108.49%	-68.95%	22.51%
Revenues Before Loan Losses	238.16	224.11	227.33	199.3	179.38
Provision for Loan Losses	3.5	-	9.41	6.45	1.91
Revenue	234.66	224.11	217.92	192.85	177.47
Revenue Growth (YoY)	4.71%	2.84%	13.00%	8.67%	10.67%
Salaries and Employee Benefits	62.58	72.47	70.88	64.25	63.86
Occupancy Expenses	3.1	2.9	2.5	-	-
Federal Deposit Insurance	3	2.85	2.77	1.77	1.5
Selling, General & Administrative	26.03	13.8	11.85	13.47	12.09
Other Non-Interest Expense	11.18	9.84	13.36	13.62	11.7
Total Non-Interest Expense	105.89	101.86	101.37	93.11	89.15
EBT Excluding Unusual Items	128.78	122.24	116.55	99.74	88.32
Pretax Income	128.78	122.24	116.55	99.74	88.32
Income Tax Expense	35.17	33.79	28.24	24.65	21.99
Net Income	93.61	88.46	88.31	75.09	66.34
Net Income to Common	93.61	88.46	88.31	75.09	66.34
Net Income Growth	5.82%	0.16%	17.61%	13.20%	12.94%
Basic Shares Outstanding	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1
Shares Change (YoY)	-4.40%	-3.49%	-2.62%	-1.51%	-0.46%
EPS (Basic)	134.96	121.02	116.61	96.55	84.01
EPS (Diluted)	133.96	121.02	116.61	96.55	84.01
EPS Growth	10.69%	3.78%	20.78%	14.93%	13.48%
Dividend Per Share	19.350	18.100	17.100	16.150	15.300
Dividend Growth	6.91%	5.85%	5.88%	5.56%	3.73%
Effective Tax Rate	27.31%	27.64%	24.23%	24.71%	24.89%

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