Financial insights of FLIC

MyFinsight

For the quarter ending 2025-03-31.

Income Statement	2025-03-31	2024-09-30	2024-06-30
Time deposits	6,403	6,712	7,059
Overnight advances	71	125	4
Savings, now and money market deposits	10,318	12,117	11,437
Other borrowings	4,501	4,656	5,615
Interest expense, operating	21,293	23,610	24,115
Taxable	5,374	6,229	7,479
Nontaxable	956	955	957
Loans	33,785	35,026	34,110
Interest and dividend income, operating	40,115	42,210	42,546
Net interest income	18,822	18,600	18,431
Provision for credit losses	168	170	570
Net interest income after provision for credit losses	18,654	18,430	17,861
Service charges on deposit accounts	829	842	821
Net loss on sales of securities	-	-	0
Other	976	1,492	1,186
Bank-owned life insurance	912	876	857
Branch consolidation expenses	-	547	-
Noninterest income	2,717	3,210	2,864
Other	3,954	3,378	3,239
Occupancy and equipment	3,233	2,965	3,110
Salaries and employee benefits	9,711	9,695	9,500
Merger expenses	230	866	-
Noninterest expense	17,128	17,451	15,849
Income before income taxes	4,243	4,189	4,876
Income tax expense	487	-410	78
Net income	3,756	4,599	4,798

Basic EPS	0.17	0.2	0.21
Diluted EPS	0.17	0.2	0.21
Basic Average Shares	22,625,117	22,529,051	22,510,359
Diluted Average Shares	22,711,387	22,667,323	22,560,853

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.