John Marshall Bancorp, Inc. (JMSB)

John Marshall Bancorp Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	94.37	86.44	74.28	69.42	68.71	63.92
Interest Income on Investments	14.37	14.34	9.79	4.7	3.73	5.07
Total Interest Income	108.74	100.77	84.07	74.12	72.45	68.99
Interest Paid on Deposits	55.06	47.17	11.78	6.6	13.74	17.82
Interest Paid on Borrowings	4.67	3.12	1.87	1.61	1.87	2.51
Total Interest Expense	59.73	50.29	13.65	8.21	15.61	20.32
Net Interest Income	49.01	50.48	70.42	65.91	56.84	48.67
Net Interest Income Growth (YoY)	-12.42%	-28.31%	6.85%	15.96%	16.79%	11.37%
Gain (Loss) on Sale of Assets	-	-	-	0.03	-	-
Gain (Loss) on Sale of Investments	0.32	-17	-0.35	0.2	0.41	0.05
Other Non-Interest Income	1.36	1.6	1.72	1.22	0.97	0.73
Total Non-Interest Income	2.61	-14.94	1.69	1.72	1.61	1.34
Non-Interest Income Growth (YoY)	-	-	-1.63%	6.57%	20.82%	7.92%
Revenues Before Loan Losses	51.62	35.54	72.11	67.63	58.45	50
Provision for Loan Losses	-1.45	-3.25	0.18	3.11	6.22	1.17
Revenue	53.07	38.8	71.94	64.52	52.24	48.83
Revenue Growth (YoY)	22.25%	-46.07%	11.49%	23.52%	6.97%	11.32%
Salaries and Employee Benefits	18.56	18.84	19.62	19.85	17.58	17.15
Selling, General & Administrative	3.86	3.87	3.98	4.38	4.43	4.86
Other Non-Interest Expense	9	8.1	8.27	8.04	7.16	6.7
Total Non-Interest Expense	31.42	30.82	31.87	32.26	29.16	28.7
EBT Excluding Unusual Items	21.65	7.98	40.06	32.26	23.07	20.13
Pretax Income	21.65	7.98	40.06	32.26	23.07	20.13
Income Tax Expense	4.81	2.82	8.26	6.8	4.55	4.21
Net Income	16.85	5.16	31.8	25.46	18.53	15.92
Preferred Dividends & Other Adjustments	0.06	0.02	0.14	0.12	0.07	0.07
Net Income to Common	16.79	5.14	31.67	25.34	18.46	15.85
Net Income Growth	90.18%	-83.78%	24.91%	37.43%	16.36%	30.78%
Basic Shares Outstanding	14	14	14	14	13	13
Diluted Shares Outstanding	14	14	14	14	14	14
Shares Change (YoY)	-0.27%	0.45%	1.48%	1.62%	0.62%	0.32%
EPS (Basic)	1.19	0.37	2.27	1.87	1.37	1.22
EPS (Diluted)	1.18	0.36	2.25	1.83	1.35	1.17
EPS Growth	89.06%	-83.99%	23.14%	35.13%	15.68%	30.58%
Dividend Per Share	0.250	0.220	-	-	-	-
Effective Tax Rate	22.20%	35.37%	20.62%	21.08%	19.70%	20.92%

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