FS Bancorp 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	181.88	170.86	154.95	111.65	90.74
Interest Income on Investments	15.37	13.98	12.25	7.05	5.64
Total Interest Income	197.25	184.84	167.19	118.69	96.37
Interest Paid on Deposits	57.67	53.16	36.75	9.42	6.93
Interest Paid on Borrowings	9.17	8.57	7.14	4.99	2.8
Total Interest Expense	66.84	61.73	43.89	14.41	9.73
Net Interest Income	130.41	123.11	123.3	104.28	86.65
Net Interest Income Growth (YoY)	5.93%	-0.16%	18.24%	20.35%	16.90%
Gain (Loss) on Sale of Assets	-	8.36	-	-	-
Gain (Loss) on Sale of Investments	-	-7.84	-	-	-
Other Non-Interest Income	14	12.48	13.78	10.19	6.43
Total Non-Interest Income	22.28	21.56	20.49	18.11	37.51
Non-Interest Income Growth (YoY)	3.35%	5.20%	13.15%	-51.73%	-32.24%
Revenues Before Loan Losses	152.68	144.66	143.79	122.39	124.16
Provision for Loan Losses	9.55	5.51	4.77	6.22	0.5
Revenue	143.14	139.15	139.02	116.17	123.66
Revenue Growth (YoY)	2.86%	0.09%	19.67%	-6.06%	6.20%
Salaries and Employee Benefits	57.78	53.29	51.61	45.66	46.5
Federal Deposit Insurance	2.31	2.01	2.39	1.22	0.64
Amortization of Goodwill & Intangibles	3.19	3.63	3.46	0.69	0.69
Selling, General & Administrative	20.84	22.47	19.17	17.25	16.88
Other Non-Interest Expense	17.84	16.21	15.64	13.46	13.59
Total Non-Interest Expense	101.96	97.61	92.14	78.29	78.3
EBT Excluding Unusual Items	41.17	41.54	46.88	37.89	45.36
Asset Writedown	-0.05	0.04	-0.05	0	2.06
Pretax Income	41.12	41.58	45.27	36.99	47.42
Income Tax Expense	7.77	6.56	9.22	7.34	10.01
Net Income	33.35	35.02	36.05	29.65	37.41
Preferred Dividends & Other Adjustments	-	0.57	0.58	0.55	0.61
Net Income to Common	33.35	34.45	35.48	29.1	36.8
Net Income Growth	-4.79%	-2.85%	21.60%	-20.75%	-4.72%
Basic Shares Outstanding	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8
Shares Change (YoY)	-1.52%	1.52%	-1.25%	-6.47%	-2.38%
EPS (Basic)	4.35	4.48	4.63	3.75	4.48
EPS (Diluted)	4.29	4.36	4.56	3.70	4.37
EPS Growth	-1.61%	-4.39%	23.24%	-15.33%	-2.67%
Dividend Per Share	1.120	1.060	1.000	0.800	0.560
Dividend Growth	5.66%	6.00%	25.00%	42.86%	33.33%
Effective Tax Rate	18.91%	15.77%	20.36%	19.84%	21.11%

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

SEC Filings: 10-K · 10-Q