For the quarter ending 2025-09-30, EQBK made $168,431K in revenue. -$29,663K in net income. Net profit margin of -17.61%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Loans, including fees | 76,911 | 62,868 | 61,242 | 62,089 |
| Securities, taxable | 9,416 | 8,821 | 9,761 | 9,809 |
| Securities, nontaxable | 307 | 358 | 393 | 400 |
| Federal funds sold and other | 4,464 | 2,140 | 2,564 | 2,667 |
| Total interest and dividend income | 91,098 | 74,187 | 73,959 | 74,965 |
| Deposits | 24,990 | 20,090 | 22,243 | 23,679 |
| Federal funds purchased and retail repurchase agreements | 263 | 219 | 297 | 261 |
| Federal home loan bank advances | 1,741 | 2,224 | 2,364 | 3,089 |
| Federal reserve bank borrowings | 0 | 0 | 340 | - |
| Subordinated debt | 1,619 | 1,852 | 1,892 | 1,905 |
| Total interest expense | 28,613 | 24,385 | 27,249 | 28,934 |
| Net interest income | 62,485 | 49,802 | 46,710 | 46,031 |
| Non-interest income-Debit Card | - | 3,052 | - | - |
| Provision (reversal) for credit losses | 6,228 | 19 | 454 | 1,183 |
| Non-interest income-Mortgage Banking | - | 212 | - | - |
| Net interest income after provision (reversal) for credit losses | 56,257 | 49,783 | 46,256 | 44,848 |
| Non-interest income-Financial Service | 2,522 | 2,177 | - | - |
| Non-interest income-Debit Card | 2,953 | - | - | - |
| Non-interest income-Mortgage Banking | 62 | - | - | - |
| Increase in value of bank-owned life insurance | 1,393 | 1,321 | 1,242 | - |
| Net gain on acquisition and branch sales | 0 | 0 | 533 | - |
| Non-interest income | - | - | 5,019 | - |
| Net gain (loss) from securities transactions | -53,352 | 12 | 55 | - |
| Other | 1,943 | 1,815 | 2,642 | - |
| Total non-interest income | -44,479 | 8,589 | 9,835 | 9,317 |
| Salaries and employee benefits | 22,773 | 19,735 | 18,097 | 18,494 |
| Net occupancy and equipment | 4,317 | 3,482 | 3,631 | 3,478 |
| Data processing | 4,887 | 5,055 | 4,951 | 5,152 |
| Professional fees | 1,670 | 1,361 | 1,672 | 1,487 |
| Advertising and business development | 1,305 | 1,208 | 1,333 | 1,368 |
| Telecommunications | 630 | 588 | 614 | 660 |
| Fdic insurance | 653 | 464 | 608 | 660 |
| Courier and postage | 744 | 834 | 638 | 686 |
| Free nationwide atm cost | 582 | 547 | 2,474 | 544 |
| Other real estate owned | - | - | - | 7,719 |
| Amortization of core deposit intangibles | 1,182 | 1,016 | 1,059 | 1,112 |
| Loan expense | 330 | 281 | 153 | 143 |
| Other real estate owned and repossessed assets, net | -797 | -103 | 1,881 | - |
| Loss on debt extinguishment | 0 | -1,361 | - | - |
| Merger expenses | 6,163 | 355 | 1,281 | 618 |
| Other | 3,049 | 3,611 | 3,315 | 3,645 |
| Total non-interest expense | 49,082 | 40,001 | 37,943 | 30,328 |
| Income (loss) before income tax | -37,304 | 18,371 | 18,148 | 23,837 |
| Provision (benefit) for income taxes | -7,641 | 3,107 | 3,891 | 3,986 |
| Net income (loss) and net income (loss) allocable to common stockholders | -29,663 | 15,264 | 14,257 | 19,851 |
| Earnings per share, basic, total | -1.55 | 0.87 | 0.913 | 1.3 |
| Earnings per share, diluted, total | -1.55 | 0.86 | 0.907 | 1.28 |
| Weighted average number of shares outstanding, basic | 19,129,726 | 17,524,296 | 76,849.333 | 15,258,822 |
| Weighted average number of shares outstanding, diluted | 19,129,726 | 17,651,298 | 73,376.333 | 15,451,545 |
EQUITY BANCSHARES INC (EQBK)
EQUITY BANCSHARES INC (EQBK)