For the quarter ending 2025-09-30, BHRB made $208,899K in revenue. $29,739K in net income. Net profit margin of 14.24%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Taxable loans, including fees | 95,132 | 96,803 | 103,682 | 81,673 |
| Tax-exempt loans, including fees | 47 | 43 | 48 | 33 |
| Taxable securities | 9,062 | 9,303 | 10,076 | 10,930 |
| Tax-exempt securities | 4,863 | 3,939 | 3,135 | 2,556 |
| Other interest income | 2,105 | 1,770 | 1,585 | 905 |
| Total interest income | 111,209 | 111,858 | 118,526 | 96,097 |
| Deposits | 30,286 | 30,431 | 39,441 | 30,373 |
| Short-term borrowings | 4,379 | 4,438 | 3,080 | 4,071 |
| Subordinated debt | 2,748 | 2,730 | 2,798 | 1,860 |
| Other interest expense | 26 | 26 | 28 | 28 |
| Total interest expense | 37,439 | 37,625 | 45,347 | 36,332 |
| Net interest income | 73,770 | 74,233 | 73,179 | 59,765 |
| Credit loss expense - loans | - | - | 85 | - |
| Credit loss expense - loans and available-for-sale securities | 574 | 717 | - | 20,100 |
| Credit loss expense (recapture) - off-balance sheet credit exposures | -312 | -93 | 62 | 3,810 |
| Total provision for credit losses | 262 | 624 | 147 | 23,910 |
| Net interest income after credit loss expense | 73,508 | 73,609 | 73,032 | 35,855 |
| Revenue from contract with customer-Fiduciary And Trust | 2,664 | - | - | - |
| Revenue from contract with customer-Service Other | 2,070 | - | - | - |
| Revenue from contract with customer | - | - | 7,805 | 6,299 |
| Net gains on securities | 212 | 38 | - | 613 |
| Revenue from contract with customer-Fiduciary And Trust | - | 2,425 | - | - |
| Income from company-owned life insurance | 1,152 | 2,982 | 1,330 | 922 |
| Revenue from contract with customer-Service Other | - | 2,036 | - | - |
| Bank debit and other card revenue | 3,192 | 3,024 | - | - |
| Other non-interest income | 2,295 | 2,372 | 1,481 | 1,671 |
| Total non-interest income | 11,585 | 12,877 | 10,616 | 9,505 |
| Salaries and wages | 20,848 | 21,320 | 20,858 | 20,895 |
| Pensions and other employee benefits | 4,429 | 4,067 | 4,678 | 5,303 |
| Occupancy | 3,479 | 3,521 | 3,412 | 2,997 |
| Equipment rentals, depreciation and maintenance | 3,908 | 4,100 | 4,699 | 12,663 |
| Core deposit intangible amortization | 3,683 | - | - | - |
| Atm, card and network expense | 1,200 | - | - | - |
| Fdic and other regulatory assessments | 976 | - | - | - |
| Other operating | 9,569 | 16,297 | 17,179 | 22,574 |
| Total non-interest expense | 48,092 | 49,305 | 50,826 | 64,432 |
| Income before income taxes | 37,001 | 37,181 | 32,822 | -19,072 |
| Income tax expense | 7,037 | 7,284 | 5,200 | -2,153 |
| Net income | 29,964 | 29,897 | 27,622 | -16,919 |
| Preferred stock dividends | 225 | 225 | 225 | 225 |
| Net income applicable to common shares | 29,739 | 29,672 | 27,397 | -17,144 |
| Basic (in dollars per share) | 1.98 | 1.98 | 1.83 | -1.41 |
| Diluted (in dollars per share) | 1.97 | 1.97 | 1.82 | -1.41 |
| Weighted average dilutive shares (in shares) | 15,112,413 | 15,023,807 | 15,040,145 | 12,174,169 |
| Weighted average number of shares (in shares) | 15,021,852 | 14,998,857 | 14,944,962 | 12,174,169 |
Burke & Herbert Financial Services Corp. (BHRB)
Burke & Herbert Financial Services Corp. (BHRB)