PB Bankshares 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	20.02	17.01	12.8	9.7	8.48	8.46
Interest Income on Investments	2.82	2.82	1.02	0.37	0.59	0.92
Total Interest Income	22.83	19.83	13.82	10.06	9.06	9.38
Interest Paid on Deposits	9.98	5.91	2.05	1.78	1.9	1.83
Interest Paid on Borrowings	1.81	1.81	0.91	0.42	0.54	0.63
Total Interest Expense	11.78	7.72	2.96	2.2	2.43	2.45
Net Interest Income	11.05	12.11	10.86	7.86	6.63	6.93
Net Interest Income Growth (YoY)	-11.53%	11.51%	38.18%	18.53%	-4.22%	-
Gain (Loss) on Sale of Assets	-0.05	-0.05	0.82	0.01	-	-
Gain (Loss) on Sale of Investments	0.01	0.01	-0.1	-0.03	0.02	0.02
Other Non-Interest Income	0.72	0.65	0.51	0.64	0.44	0.39
Total Non-Interest Income	0.85	0.79	1.42	0.8	0.67	0.61
Non-Interest Income Growth (YoY)	-46.26%	-44.60%	78.24%	19.37%	9.18%	-
Revenues Before Loan Losses	11.9	12.9	12.28	8.66	7.3	7.54
Provision for Loan Losses	0.03	0.63	1.2	0.29	0.76	0.7
Revenue	11.88	12.27	11.08	8.37	6.54	6.84
Revenue Growth (YoY)	-8.29%	10.70%	32.39%	28.00%	-4.37%	-
Salaries and Employee Benefits	4.53	4.53	4.07	3.99	3.47	3.21
Occupancy Expenses	0.55	0.55	0.57	0.57	0.71	0.56
Federal Deposit Insurance	0.18	0.18	0.12	0.19	0.11	0.04
Selling, General & Administrative	3.28	3.28	2.45	1.79	2.18	1.56
Other Non-Interest Expense	1.41	1.26	1.23	0.87	0.63	0.56
Total Non-Interest Expense	9.95	9.8	8.44	7.42	7.09	5.89
EBT Excluding Unusual Items	1.93	2.46	2.65	0.96	-0.56	0.95
Pretax Income	1.93	2.46	2.65	0.96	-0.56	0.95
Income Tax Expense	0.43	0.55	0.53	0.17	-0.14	0.17
Net Income	1.5	1.92	2.11	0.79	-0.42	0.78
Net Income to Common	1.5	1.92	2.11	0.79	-0.42	0.78
Net Income Growth	-42.70%	-9.22%	169.30%	-	-	-
Basic Shares Outstanding	2	2	3	3	-	-
Diluted Shares Outstanding	2	2	3	3	-	-
Shares Change (YoY)	-6.74%	-3.07%	0.44%	-	-	-
EPS (Basic)	0.64	0.78	0.82	0.31	-	-
EPS (Diluted)	0.64	0.77	0.82	0.31	-	-
EPS Growth	-38.48%	-6.10%	166.91%	-	-	-
Effective Tax Rate	22.12%	22.12%	20.08%	17.80%	-	18.17%

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