FSEA · As filed with the SEC
First Seacoast Bancorp income statement, by fiscal year
The statement as First Seacoast Bancorp presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF LOSS · USD
| USD | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 |
|---|---|---|
| Interest and dividend income: | ||
| Interest and fees on loans | 20,214,000 | 19,631,000 |
| Interest on debt securities: | ||
| Taxable | 5,787,000 | 3,857,000 |
| Non-taxable | 796,000 | 1,712,000 |
| Total interest on debt securities | 6,583,000 | 5,569,000 |
| Dividends | 189,000 | 231,000 |
| Total interest and dividend income | 26,986,000 | 25,431,000 |
| Interest expense: | ||
| Interest on deposits | 10,717,000 | 9,660,000 |
| Interest on borrowings | 2,582,000 | 3,873,000 |
| Total interest expense | 13,299,000 | 13,533,000 |
| Net interest and dividend income | 13,687,000 | 11,898,000 |
| Release for credit losses | (1,000) | (72,000) |
| Net interest and dividend income after release for credit losses | 13,688,000 | 11,970,000 |
| Non-interest income: | ||
| Customer service fees | 1,005,000 | 722,000 |
| Gain on sale of loans | 114,000 | 25,000 |
| Securities gains, net | 0 | 7,000 |
| Gain on sale of land, building and equipment | 0 | 2,522,000 |
| Income from bank-owned life insurance | 107,000 | 105,000 |
| Loan servicing fee income | 29,000 | 48,000 |
| Investment services fees | 450,000 | 431,000 |
| Other income | 48,000 | 44,000 |
| Total non-interest income | 1,753,000 | 3,904,000 |
| Non-interest expense: | ||
| Salaries and employee benefits | 8,952,000 | 8,584,000 |
| Equity compensation expense | 944,000 | 648,000 |
| Director compensation | 425,000 | 345,000 |
| Occupancy expense | 1,386,000 | 972,000 |
| Equipment expense | 285,000 | 352,000 |
| Marketing | 409,000 | 419,000 |
| Data processing | 1,637,000 | 1,502,000 |
| Deposit insurance fees | 440,000 | 399,000 |
| Professional fees and assessments | 1,078,000 | 1,174,000 |
| Debit card fees | 182,000 | 128,000 |
| Employee travel and education expenses | 191,000 | 177,000 |
| Other expense | 995,000 | 1,160,000 |
| Total non-interest expense | 16,924,000 | 15,860,000 |
| (Loss) income before income tax (benefit) expense | (1,483,000) | 14,000 |
| Income tax (benefit) expense | (638,000) | 527,000 |
| Net loss | (845,000) | (513,000) |
| Basic | (0.23) | (0.12) |
| Diluted | (0.23) | (0.12) |
| Weighted Average Shares: | ||
| Basic | 3,676,427 | 4,335,154 |
| Diluted | 3,676,427 | 4,335,154 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.