First Bank (FRBA)

First Bank Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	213.8	202.62	160.85	102.02	88.14	85.78
Interest Income on Investments	19.17	19.5	13.17	5.24	2.98	3.42
Total Interest Income	232.97	222.13	174.02	107.26	91.11	89.2
Interest Paid on Deposits	86.35	88.69	60.28	11.88	5.68	15.57
Interest Paid on Borrowings	13.38	10.89	9.22	3.01	3.54	4.08
Total Interest Expense	99.73	99.58	69.5	14.89	9.22	19.65
Net Interest Income	133.24	122.55	104.52	92.37	81.89	69.55
Net Interest Income Growth (YoY)	9.26%	17.25%	13.15%	12.80%	17.74%	19.17%
Gain (Loss) on Sale of Assets	0.4	-	-	-	0.16	-
Gain (Loss) on Sale of Investments	-	-0.56	-1.65	-	-	-
Other Non-Interest Income	7.03	6.94	4.05	3.88	4.94	5.43
Total Non-Interest Income	9.27	7.31	-0.72	5.12	7.75	6.35
Non-Interest Income Growth (YoY)	334.80%	-	-	-33.97%	22.07%	59.00%
Revenues Before Loan Losses	142.51	129.85	103.8	97.49	89.64	75.91
Provision for Loan Losses	7.33	1.18	7.94	2.87	-0.23	9.54
Revenue	135.18	128.68	95.86	94.62	89.88	66.37
Revenue Growth (YoY)	9.51%	34.24%	1.31%	5.28%	35.43%	13.69%
Salaries and Employee Benefits	42.02	38.65	32.72	26.16	24.4	21.78
Occupancy Expenses	5.54	4.95	4.2	3.29	3.15	3.63
Federal Deposit Insurance	2.66	2.61	2.19	0.85	0.86	1.08
Selling, General & Administrative	17.68	16.96	14.21	11.35	10.02	9.88
Other Non-Interest Expense	10.16	9.35	7.27	4.34	3.61	3.96
Total Non-Interest Expense	79.18	73.53	60.65	46.28	42.2	40.39
EBT Excluding Unusual Items	55.99	55.15	35.21	48.34	47.68	25.98
Pretax Income	55.13	55.15	27.16	47.89	46.72	25.98
Income Tax Expense	13.3	12.9	6.26	11.6	11.3	6.53
Net Income	41.83	42.24	20.9	36.29	35.43	19.45
Net Income to Common	41.83	42.24	20.9	36.29	35.43	19.45
Net Income Growth	4.25%	102.15%	-42.41%	2.42%	82.17%	44.65%
Basic Shares Outstanding	25	25	22	20	20	20
Diluted Shares Outstanding	25	25	22	20	20	20
Shares Change (YoY)	0.22%	14.55%	11.95%	-0.50%	-0.95%	3.16%
EPS (Basic)	1.67	1.68	0.95	1.86	1.81	0.98
EPS (Diluted)	1.65	1.67	0.95	1.84	1.79	0.97
EPS Growth	3.14%	75.79%	-48.37%	2.79%	84.54%	40.58%
Dividend Per Share	0.240	0.240	0.240	0.240	0.150	0.120
Dividend Growth	-	-	-	60.00%	25.00%	-
Effective Tax Rate	24.12%	23.39%	23.05%	24.22%	24.17%	25.14%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q