First Bank (FRBA)

First Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	217.48	202.62	160.85	102.02	88.14
Interest Income on Investments	18.98	19.5	13.17	5.24	2.98
Total Interest Income	236.45	222.13	174.02	107.26	91.11
Interest Paid on Deposits	84.84	88.69	60.28	11.88	5.68
Interest Paid on Borrowings	13.79	10.89	9.22	3.01	3.54
Total Interest Expense	98.63	99.58	69.5	14.89	9.22
Net Interest Income	137.82	122.55	104.52	92.37	81.89
Net Interest Income Growth (YoY)	12.47%	17.25%	13.15%	12.80%	17.74%
Gain (Loss) on Sale of Assets	0.4	-	-	-	0.16
Gain (Loss) on Sale of Investments	-	-0.56	-1.65	-	-
Other Non-Interest Income	6.81	6.94	4.05	3.88	4.94
Total Non-Interest Income	9.38	7.31	-0.72	5.12	7.75
Non-Interest Income Growth (YoY)	28.31%	-	-	-33.97%	22.07%
Revenues Before Loan Losses	147.2	129.85	103.8	97.49	89.64
Provision for Loan Losses	11.89	1.18	7.94	2.87	-0.23
Revenue	135.31	128.68	95.86	94.62	89.88
Revenue Growth (YoY)	5.16%	34.24%	1.31%	5.28%	35.43%
Salaries and Employee Benefits	45.44	38.65	32.72	26.16	24.4
Occupancy Expenses	9.5	4.95	4.2	3.29	3.15
Federal Deposit Insurance	2.67	2.61	2.19	0.85	0.86
Selling, General & Administrative	11.03	16.96	14.21	11.35	10.02
Other Non-Interest Expense	10.33	9.35	7.27	4.34	3.61
Total Non-Interest Expense	78.01	73.53	60.65	46.28	42.2
EBT Excluding Unusual Items	57.3	55.15	35.21	48.34	47.68
Pretax Income	57.3	55.15	27.16	47.89	46.72
Income Tax Expense	13.65	12.9	6.26	11.6	11.3
Net Income	43.66	42.24	20.9	36.29	35.43
Net Income to Common	43.66	42.24	20.9	36.29	35.43
Net Income Growth	3.35%	102.15%	-42.41%	2.42%	82.17%
Basic Shares Outstanding	25	25	22	20	20
Diluted Shares Outstanding	25	25	22	20	20
Shares Change (YoY)	-0.73%	14.55%	11.95%	-0.50%	-0.95%
EPS (Basic)	1.75	1.68	0.95	1.86	1.81
EPS (Diluted)	1.74	1.67	0.95	1.84	1.79
EPS Growth	4.19%	75.79%	-48.37%	2.79%	84.54%
Dividend Per Share	0.270	0.240	0.240	0.240	0.150
Dividend Growth	12.50%	-	-	60.00%	25.00%
Effective Tax Rate	23.81%	23.39%	23.05%	24.22%	24.17%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q