| Income Statement | 2025-09-30 | |||
|---|---|---|---|---|
| Loans and leases | 198,273 | |||
| Debt securities | 10,984 | |||
| Restricted equity securities | 1,466 | |||
| Short-term investments | 5,438 | |||
| Total interest and dividend income | 216,161 | |||
| Deposits | 71,901 | |||
| Borrowed funds | 11,654 | |||
| Total interest expense | 83,555 | |||
| Net interest income | 132,606 | |||
| Provision for credit losses on loans | 87,496 | |||
| Provision (recovery) of credit losses on investments | 32 | |||
| Net interest income after provision for credit losses | 45,078 | |||
| Non-interest income, fees-Deposit Account | 5,005 | |||
| Non-interest income, fees-Financial Service Other | 1,004 | |||
| Loan level derivative income | 635 | |||
| Gain on sales of loans and leases held-for-sale | 1,175 | |||
| Non-interest income, fees-Wealth Management Fees | 2,466 | |||
| Other | 2,060 | |||
| Total non-interest income | 12,345 | |||
| Compensation and employee benefits | 49,999 | |||
| Occupancy | 6,921 | |||
| Equipment and data processing | 11,110 | |||
| Professional services | 2,114 | |||
| Fdic insurance | 1,971 | |||
| Advertising and marketing | 1,583 | |||
| Amortization of identified intangible assets | 3,587 | |||
| Merger and restructuring expense | 45,863 | |||
| Other | 6,148 | |||
| Total non-interest expense | 129,296 | |||
| (loss) income before provision for income taxes | -71,873 | |||
| (benefit) provision for income taxes | -21,633 | |||
| Net (loss) income | -50,240 | |||
| Basic (in dollars per share) | -0.57 | |||
| Basic (in shares) | 87,508,517 | |||
| Diluted (in dollars per share) | -0.57 | |||
| Diluted (in shares) | 87,508,517 | |||
Beacon Financial Corp (BBT)
Beacon Financial Corp (BBT)