TCBS 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	15.11	12.84	10.07	9.58	9.62	8.4
Interest Income on Investments	7.01	6.14	2.49	0.96	1.18	1.62
Total Interest Income	22.12	18.98	12.57	10.53	10.8	10.02
Interest Paid on Deposits	7.08	5.34	1.5	1.49	1.81	2.04
Interest Paid on Borrowings	2.74	2.57	0.79	0.63	0.7	0.6
Total Interest Expense	9.82	7.91	2.28	2.12	2.51	2.64
Net Interest Income	12.3	11.06	10.28	8.42	8.29	7.38
Net Interest Income Growth (YoY)	13.16%	7.60%	22.15%	1.51%	12.33%	-
Gain (Loss) on Sale of Assets	-0.29	-0	0.01	-	-	-
Gain (Loss) on Sale of Investments	-0.05	-1.73	-0.03	-	-	0.07
Other Non-Interest Income	1.37	1.37	1.18	1.14	1	0.86
Total Non-Interest Income	-2.18	0.35	1.87	1.72	1.56	1.63
Non-Interest Income Growth (YoY)	-	-81.16%	8.79%	10.28%	-4.19%	-
Revenues Before Loan Losses	10.11	11.42	12.15	10.14	9.85	9.01
Provision for Loan Losses	0.25	0.36	0.21	0.05	0.48	0.16
Revenue	9.86	11.06	11.94	10.09	9.37	8.85
Revenue Growth (YoY)	-9.83%	-7.39%	18.42%	7.68%	5.85%	-
Salaries and Employee Benefits	6.36	6.35	5.5	4.94	4.91	4.48
Occupancy Expenses	1.06	0.84	0.77	0.73	0.71	0.71
Amortization of Goodwill & Intangibles	-	-	-	-	-	0.13
Selling, General & Administrative	2.49	2.52	1.92	1.34	1.14	0.97
Other Non-Interest Expense	2.74	2.29	1.58	2.46	1.67	1.27
Total Non-Interest Expense	12.65	12	9.77	9.47	8.42	7.56
EBT Excluding Unusual Items	-2.79	-0.94	2.18	0.61	0.94	1.29
Pretax Income	-2.79	-0.94	2.18	0.61	0.94	1.29
Income Tax Expense	-0.64	-0.2	0.42	0.09	0.19	0.23
Net Income	-2.15	-0.73	1.75	0.52	0.75	1.06
Net Income to Common	-2.15	-0.73	1.75	0.52	0.75	1.06
Net Income Growth	-	-	238.61%	-30.84%	-29.15%	-
Basic Shares Outstanding	3	3	3	3	-	-
Diluted Shares Outstanding	3	3	3	3	-	-
Shares Change (YoY)	-45.65%	1.13%	0.87%	-	-	-
EPS (Basic)	-0.74	-0.24	0.58	0.17	-	-
EPS (Diluted)	-0.74	-0.24	0.58	0.17	-	-
EPS Growth	-	-	240.72%	-	-	-
Dividend Per Share	0.110	0.110	-	-	-	-
Effective Tax Rate	-	-	19.43%	15.22%	20.49%	17.90%

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