Financial insights of PLBC

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31
Revenue-Service	3,133
Revenue-Bank Servicing	641
Gain on sale of buildings	5,540
Interchange revenue	3,263
Earnings on bank owned life insurance policies, net	741
Federal home loan bank dividends	658
Gain on sale of loans held for sale	0
Loss on sale of investment securities	-5,811
Other	2,361
Total non-interest income	10,526
Interest and fees on loans	78,875
Taxable	17,226
Exempt from federal income taxes	2,268
Other	3,278
Total interest income	101,647
Interest on deposits	12,040
Interest on junior subordinated deferrable interest debentures	0
Interest on borrowings	1,061
Other	776
Total interest expense	13,877
Net interest income before provision for credit losses	87,770
Provision for credit losses	6,850
Net interest income after provision for credit losses	80,920
Salaries and employee benefits	26,020
Occupancy and equipment	9,152
Other	16,682
Total non-interest expenses	51,854
Income before income taxes	39,592
Us federal statutory tax rate	8,314.422
State and local income taxes, net of federal income tax effect	2,971.573
Enactment of new tax laws	-6.629
Affordable housing tax credit and benefits	382.359
Affordable housing amortization	334.198
Acquired solar itcs (investment tax credits)	700
Interest on obligations of states and political subdivisions	-430.841
Net increase in cash surrender value of bank owned life insurance	155.223
Other, net	29.859
Income tax expense (benefit)	9,975
Net income	29,617

Basic EPS	4.6
Diluted EPS	4.54
Basic Average Shares	6,440,000
Diluted Average Shares	6,517,000