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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	208.49	202.62	160.85	102.02	88.14	85.78
Interest Income on Investments	19.47	19.5	13.17	5.24	2.98	3.42
Total Interest Income	227.96	222.13	174.02	107.26	91.11	89.2
Interest Paid on Deposits	87.64	88.69	60.28	11.88	5.68	15.57
Interest Paid on Borrowings	12.53	10.89	9.22	3.01	3.54	4.08
Total Interest Expense	100.17	99.58	69.5	14.89	9.22	19.65
Net Interest Income	127.79	122.55	104.52	92.37	81.89	69.55
Net Interest Income Growth (YoY)	6.09%	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	-0.56	-1.65	-	-	-
Other Non-Interest Income	7.74	6.94	4.05	3.88	4.94	5.43
Total Non-Interest Income	9.33	7.31	-0.72	5.12	7.75	6.35
Non-Interest Income Growth (YoY)	-	-	-	-33.97%	22.07%	59.00%
Revenues Before Loan Losses	137.12	129.85	103.8	97.49	89.64	75.91
Provision for Loan Losses	5.92	1.18	7.94	2.87	-0.23	9.54
Revenue	131.2	128.68	95.86	94.62	89.88	66.37
Revenue Growth (YoY)	14.51%	34.24%	1.31%	5.28%	35.43%	13.69%
Salaries and Employee Benefits	41.72	38.65	32.72	26.16	24.4	21.78
Occupancy Expenses	5.66	4.95	4.2	3.29	3.15	3.63
Federal Deposit Insurance	2.73	2.61	2.19	0.85	0.86	1.08
Selling, General & Administrative	17.38	16.96	14.21	11.35	10.02	9.88
Other Non-Interest Expense	9.75	9.35	7.27	4.34	3.61	3.96
Total Non-Interest Expense	79.02	73.53	60.65	46.28	42.2	40.39
EBT Excluding Unusual Items	52.18	55.15	35.21	48.34	47.68	25.98
Pretax Income	52.18	55.15	27.16	47.89	46.72	25.98
Income Tax Expense	13.9	12.9	6.26	11.6	11.3	6.53
Net Income	38.28	42.24	20.9	36.29	35.43	19.45
Net Income to Common	38.28	42.24	20.9	36.29	35.43	19.45
Net Income Growth	24.71%	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)	1.70%	14.55%	11.95%	-0.50%	-0.95%	3.16%
EPS (Basic)	1.52	1.68	0.95	1.86	1.81	0.98
EPS (Diluted)	1.51	1.67	0.95	1.84	1.79	0.97
EPS Growth	22.16%	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	26.65%	23.39%	23.05%	24.22%	24.17%	25.14%

Updated Jul 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q