For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Non-interest income-Financial Service | 9,321 | - | ||
| Non-interest income-Debit Card | 11,414 | - | ||
| Non-interest income-Mortgage Banking | 567 | - | ||
| Increase in value of bank-owned life insurance | 7,717 | 4,966 | ||
| Net gain on acquisition and branch sales | 0 | 2,131 | ||
| Non-interest income | - | 20,076 | ||
| Net gain (loss) from securities transactions | -53,174 | 220 | ||
| Other | 8,127 | 10,568 | ||
| Total non-interest income | -16,028 | 38,822 | ||
| Loans, including fees | 277,138 | 245,815 | ||
| Securities, taxable | 38,801 | 39,091 | ||
| Securities, nontaxable | 1,221 | 1,579 | ||
| Federal funds sold and other | 13,675 | 10,358 | ||
| Total interest and dividend income | 330,835 | 296,843 | ||
| Deposits | 88,455 | 90,409 | ||
| Federal funds purchased and retail repurchase agreements | 936 | 1,151 | ||
| Federal home loan bank advances | 8,208 | 10,180 | ||
| Federal reserve bank borrowings | - | 1,361 | ||
| Subordinated debt | 7,155 | 7,580 | ||
| Total interest expense | 104,754 | 110,681 | ||
| Net interest income | 226,081 | 186,162 | ||
| Provision (reversal) for credit losses | 8,953 | 2,546 | ||
| Net interest income after provision (reversal) for credit losses | 217,128 | 183,616 | ||
| Salaries and employee benefits | 84,786 | 72,786 | ||
| Net occupancy and equipment | 15,801 | 14,371 | ||
| Data processing | 20,279 | 20,004 | ||
| Professional fees | 6,467 | 6,503 | ||
| Advertising and business development | 5,228 | 5,366 | ||
| Telecommunications | 2,462 | 2,501 | ||
| Fdic insurance | 2,579 | 2,483 | ||
| Courier and postage | 3,235 | 2,599 | ||
| Free nationwide atm cost | 2,204 | 2,127 | ||
| Amortization of core deposit intangibles | 4,503 | 4,289 | ||
| Loan expense | 890 | 601 | ||
| Other real estate owned and repossessed assets, net | -1,029 | 7,525 | ||
| Loss on debt extinguishment | -1,361 | - | ||
| Merger expenses | 8,065 | 4,461 | ||
| Other | 15,831 | 13,591 | ||
| Total non-interest expense | 174,720 | 144,157 | ||
| Income (loss) before income tax | 26,380 | 78,281 | ||
| Provision (benefit) for income taxes | 3,654 | 15,660 | ||
| Net income (loss) and net income (loss) allocable to common stockholders | 22,726 | 62,621 | ||
| Basic EPS | 1.24 | 4.04 | ||
| Diluted EPS | 1.23 | 4 | ||
| Basic Average Shares | 18,296,090 | 15,489,370 | ||
| Diluted Average Shares | 18,456,676 | 15,671,674 | ||
EQUITY BANCSHARES INC (EQBK)
EQUITY BANCSHARES INC (EQBK)