First National 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	88.17	85.17	63.48	49.29	41.72	32.8
Interest Income on Investments	13.94	14.32	12.84	8.43	7.68	4.35
Total Interest Income	102.11	99.5	76.32	57.72	49.4	37.14
Interest Paid on Deposits	22.22	24.29	20.96	13.66	3.27	1.42
Interest Paid on Borrowings	1.07	1.96	2.9	0.65	0.55	0.89
Total Interest Expense	23.29	26.25	23.87	14.31	3.82	2.3
Net Interest Income	78.82	73.25	52.45	43.41	45.58	34.84
Net Interest Income Growth	8.48%	39.64%	20.82%	-4.74%	30.81%	18.23%
Trust Income	3.76	3.61	3.62	3.12	3.01	2.71
Gain (Loss) on Sale of Assets	0.03	-	-0.05	-	-0.03	0.02
Gain (Loss) on Sale of Investments	0.01	-	-0.12	0.23	0.88	0.04
Other Non-Interest Income	9.37	9.06	6.84	5.65	6.08	5.34
Total Non-Interest Income	16.93	16.63	13.41	11.78	12.62	10.19
Non-Interest Income Growth	11.38%	24.02%	13.81%	-6.63%	23.89%	23.42%
Revenues Before Loan Losses	95.74	89.88	65.86	55.2	58.2	45.03
Provision for Loan Losses	1.83	2.89	7.85	6.15	1.85	-0.65
Revenue	93.92	86.99	58.01	49.05	56.35	45.68
Revenue Growth	15.71%	49.95%	18.28%	-12.95%	23.36%	31.55%
Salaries and Employee Benefits	34.6	32.48	24.5	20.29	19.92	17.44
Federal Deposit Insurance	0.96	1.29	0.86	0.63	0.46	0.35
Amortization of Goodwill & Intangibles	1.74	1.77	0.46	0.02	0.02	0.03
Selling, General & Administrative	16.36	16.19	11.26	9.46	9.05	9.99
Other Non-Interest Expense	11.22	11.56	7.68	7.04	6.25	4.91
Total Non-Interest Expense	65.1	63.27	44.78	37.24	35.6	32.73
EBT Excluding Unusual Items	28.82	23.72	13.24	11.81	20.75	12.95
Other Unusual Items	-	0.38	2.92	-	-	-
Pretax Income	28.69	21.94	8.05	11.81	20.75	12.95
Income Tax Expense	5.66	4.24	1.08	2.18	3.95	2.59
Net Income	23.03	17.7	6.97	9.62	16.8	10.36
Net Income to Common	23.03	17.7	6.97	9.62	16.8	10.36
Net Income Growth	104.46%	154.13%	-27.62%	-42.70%	62.15%	16.95%
Basic Shares Outstanding	9	9	7	6	6	6
Diluted Shares Outstanding	9	9	7	6	6	6
Shares Change	0.53%	29.33%	11.02%	0.32%	12.60%	13.91%
EPS (Basic)	2.55	1.97	1.00	1.54	2.69	1.87
EPS (Diluted)	2.54	1.96	1.00	1.53	2.68	1.86
EPS Growth	102.63%	96.00%	-34.64%	-42.91%	44.09%	2.43%

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	0.680	0.635	0.605	0.600	0.560	0.480
Dividend Growth	9.68%	4.96%	0.83%	7.14%	16.67%	9.09%
Effective Tax Rate	19.72%	19.33%	13.44%	18.48%	19.05%	19.98%

SEC Filings: 10-K · 10-Q