For the quarter ending 2025-09-30, SLBK made $32,383,000 in revenue. $4,076,000 in net income. Net profit margin of 12.59%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Loans and fees on loans | 15,925,000 | 15,367,000 | 14,721,000 | 12,844,000 |
| Interest-bearing deposits in banks | 262,000 | 126,000 | 47,000 | 78,000 |
| Federal funds sold | 7,000 | 5,000 | 2,000 | 4,000 |
| Interest on taxable securities | 590,000 | 604,000 | 633,000 | 664,000 |
| Interest on nontaxable securities | 48,000 | 49,000 | 49,000 | 49,000 |
| Dividends | 42,000 | 113,000 | 32,000 | 73,000 |
| Interest and dividend income, operating | 16,874,000 | 16,264,000 | 15,484,000 | 13,712,000 |
| Deposits | 3,695,000 | 3,441,000 | 3,335,000 | 3,141,500 |
| Interest on borrowings | 288,000 | 363,000 | 426,000 | 352,500 |
| Interest expense, operating | 3,983,000 | 3,804,000 | 3,761,000 | 3,494,000 |
| Net interest income | 12,891,000 | 12,460,000 | 11,723,000 | 10,218,000 |
| Provision For Loan Lease And Other Losses | 189,000 | 284,000 | 178,000 | 153,500 |
| Revenue from contract with customer, including assessed tax-Deposit Account | - | 606,000 | - | - |
| Provision for credit losses | 12,702,000 | 12,176,000 | 11,545,000 | 10,064,500 |
| Revenue from contract with customer, including assessed tax-Mortgage Banking | - | 82,000 | - | - |
| Revenue from contract with customer, including assessed tax-Deposit Account | 651,000 | - | - | - |
| Revenue from contract with customer, including assessed tax-Financial Service Other | 1,050,000 | 1,016,000 | - | - |
| Net realized losses on securities | 0 | 0 | - | -35,250 |
| Revenue from contract with customer, including assessed tax-Mortgage Banking | 52,000 | - | - | - |
| Increase in cash value of life insurance | 184,000 | 180,000 | 174,000 | 165,500 |
| Revenue from contract with customer, including assessed tax | - | - | 1,535,000 | 1,669,500 |
| Life insurance income | 0 | 0 | 60,000 | 72,666.667 |
| Other income | 24,000 | 17,000 | 17,000 | 31,500 |
| Noninterest income | 1,961,000 | 1,901,000 | 1,786,000 | 1,882,000 |
| Salaries and employee benefits | 4,987,000 | 4,850,000 | 4,500,000 | 4,448,500 |
| Occupancy and equipment | 1,465,000 | 1,405,000 | 1,479,000 | 1,428,000 |
| Data processing expense | 864,000 | 873,000 | 848,000 | 794,500 |
| Fdic assessments | 241,000 | 238,000 | 246,000 | 211,500 |
| Advertising | 304,000 | 250,000 | 244,000 | 234,500 |
| Bank franchise tax | 132,000 | 132,000 | 132,000 | 117,500 |
| Director fees | 103,000 | 102,000 | 93,000 | 103,000 |
| Professional fees | 304,000 | 248,000 | 302,000 | 248,500 |
| Telephone expense | 115,000 | 118,000 | 124,000 | 113,500 |
| Core deposit intangible amortization | 178,000 | 208,000 | 212,000 | 148,000 |
| Merger related expenses | 0 | 0 | - | 461,500 |
| Other expense | 872,000 | 796,000 | 683,000 | 828,000 |
| Noninterest expense | 9,565,000 | 9,220,000 | 8,863,000 | 9,137,000 |
| Net income before income taxes | 5,098,000 | 4,857,000 | 4,468,000 | 2,809,500 |
| Income tax expense | 1,022,000 | 1,056,000 | 895,000 | 532,500 |
| Net income | 4,076,000 | 3,801,000 | 3,573,000 | 2,277,000 |
| Net income per share (in dollars per share) | 0.73 | 0.68 | 0.64 | 0.41 |
| Weighted average shares outstanding (in shares) | 5,584,704 | 5,584,704 | 5,584,704 | -2,774,974 |
Skyline Bankshares, Inc. (SLBK)
Skyline Bankshares, Inc. (SLBK)