For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Non-interest income (in-scope of topic 606)-Deposit Service And Account Maintenance And Insufficient Funds Fees | 212 | - | ||
| Non-interest income (in-scope of topic 606)-Atm And Check Card Fees | 393 | - | ||
| Bank owned life insurance | 304 | - | ||
| Gain on sale of real estate owned | 14 | - | ||
| Non-interest income (in-scope of topic 606) | - | 619 | ||
| Gain on insurance proceeds | 3,469 | - | ||
| Other | 38 | 42 | ||
| Gain on sale of asset | - | 141 | ||
| Bank owned life insurance | - | 353 | ||
| Loss on investments securities | - | -1,144 | ||
| Total non-interest income | 4,430 | 11 | ||
| Loans, including fees | 16,841 | 15,253 | ||
| Investment securities | 4,083 | 2,574 | ||
| Other interest-earning assets | 1,134 | 1,450 | ||
| Short-term federal home loan bank advances | - | 4 | ||
| Total interest and dividend income | 22,058 | 19,277 | ||
| Deposits | 9,210 | 9,217 | ||
| Total interest expense | 9,210 | 9,221 | ||
| Net interest income | 12,848 | 10,056 | ||
| Recovery of credit losses on loans | - | -1,100 | ||
| Provision for (recovery of) credit losses on unfunded commitments | 10 | -110 | ||
| Total provision for (recovery of) credit losses | 10 | -1,210 | ||
| Net interest income after provision for (recovery of) credit losses | 12,838 | 11,266 | ||
| Salaries and employee benefits | 7,667 | 6,709 | ||
| Occupancy and equipment | 2,030 | 1,820 | ||
| Federal deposit insurance | 215 | 205 | ||
| Directors | 240 | 277 | ||
| Professional and legal | 330 | 194 | ||
| Audit and examination | 332 | 304 | ||
| Data processing | 1,304 | 1,179 | ||
| Advertising | 105 | 131 | ||
| Charitable contributions | 4 | 1,281 | ||
| Other | 856 | 613 | ||
| Total non-interest expense | 13,083 | 12,713 | ||
| Income (loss) before income taxes | 4,185 | -1,436 | ||
| Income tax expense (benefit) | 97 | -358 | ||
| Net income (loss) | 4,088 | -1,078 | ||
| Basic EPS | 0.8 | -0.21 | ||
| Diluted EPS | 0.8 | -0.21 | ||
| Basic Average Shares | 5,122,000 | 5,131,000 | ||
| Diluted Average Shares | 5,122,000 | 5,131,000 | ||
Fifth District Bancorp, Inc. (FDSB)
Fifth District Bancorp, Inc. (FDSB)