First Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	215.21	217.48	202.62	160.85	102.02	88.14
Interest Income on Investments	18.41	18.98	19.5	13.17	5.24	2.98
Total Interest Income	233.62	236.45	222.13	174.02	107.26	91.11
Interest Paid on Deposits	80.77	84.84	88.69	60.28	11.88	5.68
Interest Paid on Borrowings	11.1	13.79	10.89	9.22	3.01	3.54
Total Interest Expense	91.87	98.63	99.58	69.5	14.89	9.22
Net Interest Income	141.75	137.82	122.55	104.52	92.37	81.89
Net Interest Income Growth	6.39%	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	6.45	6.83	6.94	4.05	3.88	4.94
Total Non-Interest Income	8.81	9.38	7.31	-0.72	5.12	7.75
Non-Interest Income Growth	-4.93%	28.31%	-	-	-33.97%	22.07%
Revenues Before Loan Losses	150.56	147.2	129.85	103.8	97.49	89.64
Provision for Loan Losses	14.82	11.89	1.18	7.94	2.87	-0.23
Revenue	135.74	135.31	128.68	95.86	94.62	89.88
Revenue Growth	0.42%	5.16%	34.24%	1.31%	5.28%	35.43%
Salaries and Employee Benefits	43.69	42.52	38.65	32.72	26.16	24.4
Occupancy Expenses	5.45	5.5	4.95	4.2	3.29	3.15
Federal Deposit Insurance	2.4	2.67	2.61	2.19	0.85	0.86
Selling, General & Administrative	17.24	17.08	16.96	14.21	11.35	10.02
Other Non-Interest Expense	10.76	10.33	9.35	7.27	4.34	3.61
Total Non-Interest Expense	77.61	77.14	73.53	60.65	46.28	42.2
EBT Excluding Unusual Items	58.13	58.17	55.15	35.21	48.34	47.68
Other Unusual Items	-0.86	-0.86	-	-	-	-
Pretax Income	57.27	57.3	55.15	27.16	47.89	46.72
Income Tax Expense	14.28	13.65	12.9	6.26	11.6	11.3
Net Income	42.99	43.66	42.24	20.9	36.29	35.43
Net Income to Common	42.99	43.66	42.24	20.9	36.29	35.43
Net Income Growth	2.77%	3.35%	102.15%	-42.41%	2.42%	82.17%
Basic Shares Outstanding	25	25	25	22	20	20
Diluted Shares Outstanding	25	25	25	22	20	20
Shares Change	-1.18%	-0.73%	14.55%	11.95%	-0.50%	-0.95%
EPS (Basic)	1.73	1.75	1.68	0.95	1.86	1.81
EPS (Diluted)	1.72	1.74	1.67	0.95	1.84	1.79
EPS Growth	4.26%	4.19%	75.79%	-48.37%	2.79%	84.54%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Dividend Per Share	0.330	0.240	0.240	0.240	0.240	0.150
Dividend Growth	37.50%	0%	0%	0%	60.00%	25.00%
Effective Tax Rate	24.93%	23.81%	23.39%	23.05%	24.22%	24.17%

SEC Filings: 10-K · 10-Q