Financial insights of SHBI

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31
Interest and fees on loans	280,604
Interest and dividends on taxable investment securities	20,378
Interest and dividends on tax-exempt investment securities	24
Interest on federal funds sold	0
Interest on deposits with other banks	9,022
Total interest income	310,028
Interest on deposits	109,203
Interest on short-term borrowings	2,089
Interest on long-term borrowings	6,359
Total interest expense	117,651
Net interest income	192,377
Provision for credit losses	8,375
Net interest income after provision for credit losses	184,002
Service charges on deposit accounts	6,295
Trust and investment fee income	3,705
Mortgage banking revenue	6,078
Interchange credits	7,085
Bank-owned life insurance income	3,910
Bargain purchase gain	0
Other noninterest income	5,615
Total noninterest income	32,688
Salaries and employee benefits	71,406
Occupancy expense	9,877
Furniture and equipment expense	3,334
Software and data processing	19,862
Amortization of other intangible assets	8,589
Legal and professional fees	5,064
Fdic insurance premium expense	3,753
Marketing and advertising	1,320
Fraud losses	460
Merger-related expenses	0
Other noninterest expense	14,370
Total noninterest expense	138,035
Income before income taxes	78,655
Income tax expense	19,149
Net income	59,506

Basic EPS	1.78
Diluted EPS	1.78
Basic Average Shares	33,392,817
Diluted Average Shares	33,407,155