W.T.B. Financial Corporation (WTBFB)

W.T.B. Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	409.32	391.92	340.2	257.23	243.32	237.47
Interest Income on Investments	76.34	97.83	97.67	78.62	65.32	50
Total Interest Income	485.66	489.75	437.86	335.85	308.64	287.47
Interest Paid on Deposits	125.96	130.32	84.84	12.38	8.48	13.62
Interest Paid on Borrowings	45.71	79.5	67.93	0.35	1.1	1.59
Total Interest Expense	171.68	209.82	152.77	12.73	9.58	15.21
Net Interest Income	313.98	279.93	285.09	323.12	299.06	272.26
Net Interest Income Growth (YoY)	17.73%	-1.81%	-11.77%	8.05%	9.84%	6.74%
Trust Income	31.64	30.53	24.25	21.59	21.81	18.86
Mortgage Banking Activities	2.5	2.62	1.19	2.14	8.57	14.12
Gain (Loss) on Sale of Investments	-	-	-	-	-	3.89
Other Non-Interest Income	25.27	34.7	26.36	27.56	31.39	24.66
Total Non-Interest Income	66.09	74.04	57.24	58.18	67.85	67.37
Non-Interest Income Growth (YoY)	-4.58%	29.34%	-1.62%	-14.25%	0.71%	39.50%
Revenues Before Loan Losses	380.08	353.97	342.34	381.3	366.91	339.63
Provision for Loan Losses	10.75	8.46	12.34	-20.5	9	33
Revenue	369.33	345.51	330	401.8	357.91	306.63
Revenue Growth (YoY)	14.22%	4.70%	-17.87%	12.26%	16.72%	2.16%
Salaries and Employee Benefits	167.72	160.13	149.32	149.59	137.94	124.98
Occupancy Expenses	12.23	13.38	13.98	12.57	11.96	11.04
Federal Deposit Insurance	7.09	7.09	6.89	4.33	5.78	2.77
Selling, General & Administrative	60.47	60.66	58	56.79	51.07	47.76
Other Non-Interest Expense	33.56	33.39	30.67	32.75	23.17	22.19
Total Non-Interest Expense	281.06	274.65	258.86	256.03	229.91	208.74
EBT Excluding Unusual Items	88.27	70.86	71.14	145.78	128	97.89
Pretax Income	88.27	70.86	71.14	145.78	128	97.89
Income Tax Expense	18.96	15.06	15.29	31.72	27.97	21.58
Net Income	69.31	55.8	55.85	114.05	100.03	76.31
Net Income to Common	69.31	55.8	55.85	114.05	100.03	76.31
Net Income Growth	58.00%	-0.10%	-51.03%	14.02%	31.08%	-8.37%
Basic Shares Outstanding	2	2	3	3	3	3
Diluted Shares Outstanding	2	2	3	3	3	3
Shares Change (YoY)	-0.80%	-0.24%	-0.52%	-0.77%	0.01%	-0.76%
EPS (Basic)	27.90	22.33	22.30	45.32	39.46	30.09
EPS (Diluted)	27.88	22.32	22.29	45.28	39.40	30.06
EPS Growth	59.28%	0.14%	-50.77%	14.92%	31.07%	-7.68%
Dividend Per Share	7.400	7.400	7.400	7.400	7.400	7.400
Dividend Growth	-	-	-	-	-	5.71%
Effective Tax Rate	21.48%	21.25%	21.49%	21.76%	21.85%	22.04%

Updated Jul 18, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.