Northpointe Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Interest Income on Loans	351.24	285.49	237.4	156.7
Interest Income on Investments	28.97	32.04	29.99	9.42
Total Interest Income	380.2	317.53	267.38	166.12
Interest Paid on Deposits	176.74	151.13	123.91	40.06
Interest Paid on Borrowings	52.73	52.19	42.26	26.63
Total Interest Expense	229.47	203.32	166.16	66.69
Net Interest Income	150.74	114.22	101.22	99.44
Net Interest Income Growth (YoY)	31.98%	12.84%	1.79%	-
Mortgage Banking Activities	6.02	5.42	3.58	3.66
Gain (Loss) on Sale of Assets	-	-	-	-5.57
Gain (Loss) on Sale of Investments	-	-	-	-0.17
Other Non-Interest Income	6.87	7.3	10.84	86.52
Total Non-Interest Income	90.98	71.22	95.07	158.12
Non-Interest Income Growth (YoY)	27.74%	-25.08%	-39.88%	-
Revenues Before Loan Losses	241.72	185.44	196.29	257.56
Provision for Loan Losses	2.1	-0.33	-1.49	2.22
Revenue	239.62	185.77	197.77	255.34
Revenue Growth (YoY)	28.99%	-6.07%	-22.55%	-
Salaries and Employee Benefits	90.17	77.61	104.29	159.88
Occupancy Expenses	3.45	3.35	6.19	6.64
Selling, General & Administrative	14.96	14.38	16.72	22.95
Other Non-Interest Expense	20.65	19.25	25.89	32.18
Total Non-Interest Expense	129.23	114.59	153.08	221.65
EBT Excluding Unusual Items	110.39	71.18	44.69	33.69
Other Unusual Items	-	1.7	-	-
Pretax Income	110.39	72.88	44.69	33.69
Income Tax Expense	26.98	17.72	10.93	10.46
Net Income	83.41	55.16	33.76	23.24
Preferred Dividends & Other Adjustments	11.79	8	9.65	9.66
Net Income to Common	71.62	47.16	24.11	13.58
Net Income Growth	51.22%	63.38%	45.28%	-
Basic Shares Outstanding	33	26	26	26
Diluted Shares Outstanding	34	26	26	26
Shares Change (YoY)	31.14%	0.10%	-0.51%	-
EPS (Basic)	2.14	1.83	0.94	0.53
EPS (Diluted)	2.11	1.83	0.93	0.52
EPS Growth	15.30%	96.77%	78.85%	-
Dividend Per Share	0.100	-	0.100	0.300
Dividend Growth	-	-	-66.67%	-
Effective Tax Rate	24.44%	24.31%	24.45%	31.03%

Source: S&P Capital IQ. Banks template. Financial Sources.