Territorial Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	48.82	47.04	45.32	48.74	59.17
Interest Income on Investments	23.49	22.05	17.38	11.56	10.58
Total Interest Income	72.31	69.09	62.7	60.3	69.76
Interest Paid on Deposits	31.39	19.48	4.93	3.98	9.01
Interest Paid on Borrowings	7.05	6.97	2.29	2.3	3.18
Total Interest Expense	38.44	26.46	7.22	6.28	12.19
Net Interest Income	33.87	42.63	55.49	54.03	57.57
Net Interest Income Growth (YoY)	-20.56%	-23.17%	2.71%	-6.15%	-1.67%
Gain (Loss) on Sale of Investments	-	-	-	1.84	1.32
Other Non-Interest Income	1.42	1.13	2.8	1.51	1.2
Total Non-Interest Income	2.61	2.47	4.21	6.47	6.88
Non-Interest Income Growth (YoY)	5.67%	-41.29%	-34.97%	-5.89%	-12.37%
Revenues Before Loan Losses	36.48	45.1	59.7	60.5	64.44
Provision for Loan Losses	0.07	-0	-0.58	-1.59	1.63
Revenue	36.4	45.11	60.27	62.09	62.82
Revenue Growth (YoY)	-19.29%	-25.16%	-2.93%	-1.16%	-5.29%
Salaries and Employee Benefits	19.79	19.95	20.54	20.39	19.81
Occupancy Expenses	-	3.48	3.26	2.89	3.13
Federal Deposit Insurance	3.84	0.98	0.57	0.57	0.35
Selling, General & Administrative	19.49	13.86	14.43	14.45	14.13
Total Non-Interest Expense	43.12	38.27	38.8	38.29	37.43
EBT Excluding Unusual Items	-6.71	6.84	21.47	23.8	25.39
Asset Writedown	-	-	-	-	-0.07
Pretax Income	-6.71	6.84	21.47	23.8	25.32
Income Tax Expense	-2.42	1.81	5.32	6.37	6.72
Net Income	-4.3	5.03	16.16	17.43	18.61
Preferred Dividends & Other Adjustments	-	0.05	0.1	0.08	0.08
Net Income to Common	-4.3	4.98	16.06	17.36	18.53
Net Income Growth	-	-68.88%	-7.31%	-6.32%	-15.41%
Basic Shares Outstanding	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9
Shares Change (YoY)	-0.84%	-2.65%	-2.08%	-0.94%	-1.38%
EPS (Basic)	-0.50	0.58	1.81	1.92	2.03
EPS (Diluted)	-0.50	0.57	1.80	1.90	2.01
EPS Growth	-	-68.33%	-5.26%	-5.47%	-14.10%
Dividend Per Share	0.080	0.740	0.920	0.920	0.920
Dividend Growth	-89.19%	-19.56%	-	-	3.37%
Effective Tax Rate	-	26.47%	24.77%	26.77%	26.52%

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q