amal: the income statement

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Amalgamated Financial Corp. (AMAL)

For the quarter ending 2025-06-30, AMAL made $113,165K in revenue. $25,989K in net income. Net profit margin of 22.97%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income tax expense	9,471
Other income	449
Trust department fees	3,879
Gain on sale of loans and changes in fair value on loans held-for-sale, net	18
Losses on sale of securities and other assets	-1,041
Bank-owned life insurance income	796
Service charges on deposit accounts	3,873
Equity method investments income (loss)	51
Total non-interest income	8,025
Professional fees	3,283
Other expense	3,074
Occupancy and depreciation	3,476
Advertising and promotion	412
Compensation and employee benefits	23,240
Technology	5,485
Federal deposit insurance premiums	900
Amortization of intangible assets	100
Amortization of intangible assets	144
Office maintenance and depreciation	570
Total non-interest expense	40,584
Deposits	30,593
Borrowed funds	597
Total interest expense	31,190
Interest-bearing deposits in banks	1,639
Securities	43,737
Loans	58,723
Total interest and dividend income	104,099
Net interest income	72,909
Provision for credit losses	4,890
Net interest income after provision for credit losses	68,019
Income before income taxes	35,460
Net income	25,989

Earnings per common share - basic (in dollars per share)	0.85
Earnings per common share - diluted (in dollars per share)	0.84
Weighted average common shares outstanding, basic (in shares)	30,558,000
Weighted average common shares outstanding, diluted (in shares)	30,758,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)