FirstSun Capital Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Interest Income on Loans	418.04	385.64	247.99	159.3	145.26	137.61
Interest Income on Investments	35.43	28.05	18.83	10.05	11.58	18.23
Total Interest Income	453.48	413.68	266.82	169.35	156.84	155.84
Interest Paid on Deposits	150.01	101.36	13.15	8.54	15.64	23.05
Interest Paid on Borrowings	11.53	18.9	12.03	5.58	5.24	5.56
Total Interest Expense	161.54	120.25	25.19	14.12	20.88	28.62
Net Interest Income	291.93	293.43	241.63	155.23	135.95	127.22
Net Interest Income Growth (YoY)	-0.92%	21.44%	55.66%	14.18%	6.86%	-
Trust Income	5.71	5.69	6.81	7.8	5.2	3.77
Mortgage Banking Activities	34.27	31.38	46.29	86.41	122.17	42.99
Gain (Loss) on Sale of Investments	-	-	-	-	0.15	1.58
Other Non-Interest Income	9.84	8.78	6.59	7.17	3.09	3.43
Total Non-Interest Income	85.38	79.09	89.57	124.24	148.39	70.97
Non-Interest Income Growth (YoY)	6.07%	-11.69%	-27.91%	-16.27%	109.09%	-
Revenues Before Loan Losses	377.31	372.52	331.2	279.48	284.34	198.19
Provision for Loan Losses	29.28	18.25	18.05	3	23.1	6.05
Revenue	348.04	354.28	313.15	276.48	261.24	192.14
Revenue Growth (YoY)	-2.74%	13.13%	13.26%	5.83%	35.96%	-
Salaries and Employee Benefits	144.45	131.1	132.91	148.93	137.65	104.7
Occupancy Expenses	27.13	25.76	24.03	21.01	19.46	16.85
Amortization of Goodwill & Intangibles	2.95	4.82	4.22	1.42	1.49	1.9
Selling, General & Administrative	12.74	12.61	11.35	12.75	11.99	9.37
Other Non-Interest Expense	50.24	48.5	47.87	37.46	33.5	37.38
Total Non-Interest Expense	237.51	222.79	220.38	221.55	204.07	170.2
EBT Excluding Unusual Items	110.53	131.48	92.77	54.93	57.17	21.94
Pretax Income	105.36	131.48	74.02	51.84	57.17	21.94
Income Tax Expense	22.07	27.95	14.84	8.68	9.58	1.44
Net Income	83.29	103.53	59.18	43.16	47.59	20.5
Net Income to Common	83.29	103.53	59.18	43.16	47.59	20.5
Net Income Growth	-19.98%	74.94%	37.11%	-9.29%	132.09%	-
Basic Shares Outstanding	27	25	23	18	18	20
Diluted Shares Outstanding	27	25	24	19	18	20
Shares Change (YoY)	7.65%	6.50%	27.00%	1.60%	-6.99%	-
EPS (Basic)	3.11	4.15	2.55	2.36	2.60	1.05
EPS (Diluted)	3.05	4.08	2.48	2.30	2.58	1.03
EPS Growth	-25.30%	64.52%	7.83%	-10.85%	150.49%	-
Effective Tax Rate	20.95%	21.26%	20.05%	16.74%	16.76%	6.55%

Source: S&P Capital IQ. Banks template. Financial Sources.