SB Financial Group, Inc. (SBFG)

SB Financial Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	63.14	57.36	51.89	38.57	38.17	39.97
Interest Income on Investments	8.35	6.99	6.26	6	3.74	2.66
Total Interest Income	71.5	64.35	58.15	44.57	41.9	42.64
Interest Paid on Deposits	21.84	21.04	14.71	3.48	3.13	6.07
Interest Paid on Borrowings	3.02	3.39	4.17	1.69	0.89	0.64
Total Interest Expense	24.86	24.43	18.88	5.17	4.02	6.71
Net Interest Income	46.64	39.92	39.27	39.4	37.88	35.93
Net Interest Income Growth (YoY)	20.80%	1.65%	-0.32%	4.00%	5.44%	3.17%
Trust Income	3.55	3.51	3.53	3.73	3.81	3.25
Gain (Loss) on Sale of Assets	-0.2	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	1.45	-	-	-
Other Non-Interest Income	9.4	8.76	8.75	8.36	6.03	4.63
Total Non-Interest Income	17.8	16.98	17.77	16.95	27.26	33.68
Non-Interest Income Growth (YoY)	-2.46%	-4.47%	4.83%	-37.82%	-19.06%	76.25%
Revenues Before Loan Losses	64.44	56.9	57.04	56.35	65.15	69.61
Provision for Loan Losses	1.03	0.12	0.32	-	1.05	4.5
Revenue	63.41	56.77	56.73	56.35	64.1	65.11
Revenue Growth (YoY)	11.76%	0.08%	0.67%	-12.08%	-1.56%	22.54%
Salaries and Employee Benefits	25.42	23.7	22.73	24.19	26.56	25.35
Occupancy Expenses	2.99	2.68	2.91	2.8	2.86	2.71
Selling, General & Administrative	14.61	12.97	12.34	11.91	11.8	11.92
Other Non-Interest Expense	3.75	3.61	3.98	3.42	3.59	3.11
Total Non-Interest Expense	46.76	42.96	41.96	42.31	44.81	43.09
EBT Excluding Unusual Items	16.64	13.82	14.77	14.04	19.29	22.03
Asset Writedown	0.16	0.04	-0.05	1.28	3.44	-3.59
Pretax Income	16.8	13.86	14.72	15.32	22.72	18.44
Income Tax Expense	3.11	2.39	2.62	2.8	4.45	3.5
Net Income	13.69	11.47	12.1	12.52	18.28	14.94
Preferred Dividends & Other Adjustments	0.03	0.03	0.03	0.03	0.02	0.02
Net Income to Common	13.66	11.44	12.07	12.49	18.26	14.93
Net Income Growth	16.84%	-5.17%	-3.40%	-31.49%	22.30%	24.81%
Basic Shares Outstanding	6	7	7	7	7	8
Diluted Shares Outstanding	6	7	7	7	7	8
Shares Change (YoY)	-3.93%	-3.43%	-2.27%	-5.46%	-6.61%	-3.78%
EPS (Basic)	2.12	1.72	1.77	1.78	2.45	1.87
EPS (Diluted)	2.11	1.72	1.75	1.77	2.44	1.87
EPS Growth	21.17%	-1.88%	-1.13%	-27.40%	30.61%	30.08%
Dividend Per Share	0.590	0.560	0.520	0.480	0.419	0.381
Dividend Growth	7.27%	7.69%	8.33%	14.56%	9.97%	11.11%
Effective Tax Rate	18.50%	17.22%	17.82%	18.25%	19.57%	18.95%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q