Financial insights of SFBS

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31	2024-12-31
Revenue not from contract with customer-Deposit Account	11,884	-
Revenue not from contract with customer-Mortgage Banking	5,464	-
Revenue not from contract with customer-Credit Card	8,327	-
Non interest income	-	22,636
Securities losses	-16,375	-
Bank-owned life insurance income	14,817	9,533
Other operating income	3,105	2,887
Total noninterest income	27,222	35,056
Interest and fees on loans	828,696	788,105
Taxable securities	67,122	66,535
Nontaxable securities	21	31
Federal funds sold	12,007	1,128
Other interest and dividends	82,581	90,322
Total interest income	990,427	946,121
Deposits	373,888	420,650
Borrowed funds	81,330	78,812
Total interest expense	455,218	499,462
Net interest income	535,209	446,659
Provision for credit losses	35,311	21,587
Net interest income after provision for credit losses	499,898	425,072
Salaries and employee benefits	94,815	96,318
Equipment and occupancy expense	14,597	14,519
Third party processing and other services	31,617	31,181
Professional services	7,175	6,901
Fdic and other regulatory assessments	10,990	10,687
Other real estate owned expense	155	199
Other operating expenses	25,641	21,341
Total noninterest expenses	184,990	181,146
Income before income taxes	342,130	278,982
Provision for income taxes	65,527	51,740
Net income	276,603	227,242
Dividends on preferred stock	62	62
Net income available to common stockholders	276,541	227,180

Basic EPS	5.06	4.17
Diluted EPS	5.06	4.16
Basic Average Shares	54,609,237	54,528,302
Diluted Average Shares	54,666,274	54,624,234