FSFG · As filed with the SEC
First Savings Financial Group income statement, by fiscal year
The statement as First Savings Financial Group 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 INCOME · USD, except per-share amounts
| USD, except per-share amounts | FY2025 Year ended Sep 30, 2025 | FY2024 Year ended Sep 30, 2024 | FY2023 Year ended Sep 30, 2023 | FY2022 Year ended Sep 30, 2022 | FY2021 Year ended Sep 30, 2021 | FY2020 Year ended Sep 30, 2020 |
|---|---|---|---|---|---|---|
| INTEREST INCOME | ||||||
| Loans, including fees | 115,603,000 | 110,396,000 | 89,801,000 | 61,913,000 | 58,114,000 | 50,167,000 |
| Securities: | ||||||
| Taxable | 3,782,000 | 3,694,000 | 3,865,000 | 2,334,000 | 1,771,000 | 2,075,000 |
| Tax-exempt | 5,450,000 | 5,292,000 | 7,259,000 | 5,861,000 | 4,719,000 | 4,423,000 |
| Dividend income | 1,994,000 | 1,563,000 | 1,435,000 | 729,000 | 582,000 | 617,000 |
| Interest-bearing deposits with banks | 698,000 | 1,043,000 | 869,000 | 161,000 | 73,000 | 417,000 |
| Total interest income | 127,527,000 | 121,988,000 | 103,229,000 | 70,998,000 | 65,259,000 | 57,699,000 |
| INTEREST EXPENSE | ||||||
| Deposits | 46,780,000 | 48,101,000 | 27,671,000 | 4,902,000 | 3,195,000 | 5,659,000 |
| Federal funds purchased and repurchase agreements | — | — | 1,000 | — | — | 3,000 |
| Federal Home Loan Bank borrowings | 13,058,000 | 12,609,000 | 10,739,000 | 3,333,000 | 3,199,000 | 3,345,000 |
| Federal Reserve PPPLF borrowings | — | — | — | — | 400,000 | 220,000 |
| Other borrowings | 2,381,000 | 3,216,000 | 3,244,000 | 2,111,000 | 1,293,000 | 1,311,000 |
| Total interest expense | 62,219,000 | 63,926,000 | 41,655,000 | 10,346,000 | 8,087,000 | 10,538,000 |
| Net interest income | — | — | 61,574,000 | 60,652,000 | 57,172,000 | 47,161,000 |
| Provision (credit) for loan losses | — | — | 2,612,000 | 1,908,000 | (1,767,000) | 7,962,000 |
| Net interest income | 65,308,000 | 58,062,000 | — | — | — | — |
| Provision (credit) for credit losses-loans | (118,000) | 3,492,000 | — | — | — | — |
| Provision (credit) for unfunded lending commitments | 452,000 | (421,000) | — | — | — | — |
| Provision (credit) for credit losses - securities | (9,000) | 21,000 | — | — | — | — |
| Total provision for credit losses | 325,000 | 3,092,000 | — | — | — | — |
| Net interest income after provision for credit losses | 64,983,000 | 54,970,000 | 58,962,000 | 58,744,000 | 58,939,000 | 39,199,000 |
| NONINTEREST INCOME | ||||||
| Service charges on deposit accounts | 2,227,000 | 1,950,000 | 2,017,000 | 1,864,000 | 1,468,000 | 1,581,000 |
| ATM and interchange fees | 2,643,000 | 2,269,000 | 2,756,000 | 2,753,000 | 2,399,000 | 2,116,000 |
| Net loss on sales of available for sale securities | — | — | (551,000) | 476,000 | — | 7,000 |
| Net unrealized gain on equity securities | 90,000 | 491,000 | 57,000 | (10,000) | 46,000 | (19,000) |
| Net gain on sale of equity securities | 403,000 | — | — | — | — | — |
| Other than temporary impairment loss on securities | — | — | (28,000) | — | — | — |
| Net gain on sales of loans, Small Business Administration | 4,221,000 | 3,013,000 | 2,717,000 | 3,698,000 | 8,740,000 | 5,673,000 |
| Net gain on sales of loans, single tenant net lease | — | — | — | 719,000 | — | — |
| Net gain on sales of loans, home equity lines of credit | 4,038,000 | — | — | — | — | — |
| Mortgage banking income | 357,000 | 197,000 | 14,331,000 | 38,337,000 | 104,504,000 | 120,733,000 |
| Increase in cash surrender value of life insurance | 1,503,000 | 1,378,000 | 1,081,000 | 993,000 | 785,000 | 732,000 |
| Gain on life insurance | — | — | — | — | 140,000 | — |
| Gain on life insurance | 255,000 | — | — | — | — | — |
| Commission income | 846,000 | 956,000 | 746,000 | 717,000 | 589,000 | 288,000 |
| Real estate lease income | 391,000 | 506,000 | 469,000 | 571,000 | 592,000 | 589,000 |
| Net gain on premises and equipment | 45,000 | 116,000 | 49,000 | — | 78,000 | (8,000) |
| Income from tax credit investment | — | — | — | 12,000 | 32,000 | 426,000 |
| Gain from repurchase of subordinated debt | — | — | 660,000 | — | — | — |
| Other income | 1,823,000 | 1,654,000 | 1,038,000 | 1,097,000 | 1,063,000 | 1,233,000 |
| Total noninterest income | 18,842,000 | 12,530,000 | 25,342,000 | 51,227,000 | 120,436,000 | 133,351,000 |
| NONINTEREST EXPENSE | ||||||
| Compensation and benefits | 34,928,000 | 31,986,000 | 43,938,000 | 61,530,000 | 102,951,000 | 92,904,000 |
| Occupancy and equipment | 6,488,000 | 6,947,000 | 7,938,000 | 8,167,000 | 9,906,000 | 8,958,000 |
| Data processing | 3,247,000 | 2,617,000 | 4,861,000 | 2,623,000 | 2,546,000 | 2,153,000 |
| Advertising | 1,740,000 | 1,211,000 | 2,016,000 | 3,199,000 | 6,574,000 | 7,346,000 |
| Professional fees | 2,797,000 | 3,087,000 | 2,979,000 | 4,639,000 | 5,583,000 | 3,606,000 |
| FDIC insurance premiums | 1,846,000 | 2,154,000 | 1,675,000 | 527,000 | 446,000 | 405,000 |
| Net (gain) loss on other real estate owned | (192,000) | 12,000 | 4,000 | 115,000 | (64,000) | (1,000) |
| Other operating expenses | 6,108,000 | 4,876,000 | 12,711,000 | 10,349,000 | 11,467,000 | 10,437,000 |
| Total noninterest expense | 56,962,000 | 52,890,000 | 76,122,000 | 91,149,000 | 139,409,000 | 125,808,000 |
| Income before income taxes | 26,863,000 | 14,610,000 | 8,182,000 | 18,822,000 | 39,966,000 | 46,742,000 |
| Income tax expense | 3,702,000 | 1,018,000 | 10,000 | 2,378,000 | 9,997,000 | 12,661,000 |
| Net Income | — | 13,592,000 | 8,172,000 | 16,444,000 | 29,969,000 | 34,081,000 |
| Less: net income attributable to noncontrolling interests | — | — | 0 | 0 | 402,000 | 727,000 |
| Net Income | 23,161,000 | — | 8,172,000 | 16,444,000 | 29,567,000 | 33,354,000 |
| Net income per share: | ||||||
| Basic (in dollars per share) | 3.37 | 1.99 | 1.19 | 2.33 | 4.16 | 4.72 |
| Diluted (in dollars per share) | 3.32 | 1.98 | 1.19 | 2.30 | 4.12 | 4.68 |
| Weighted average shares outstanding: | ||||||
| Basic (in shares) | 6,871,242 | 6,830,466 | 6,848,311 | 7,058,550 | 7,107,786 | 7,070,040 |
| Diluted (in shares) | 6,976,901 | 6,856,520 | 6,880,072 | 7,141,846 | 7,173,733 | 7,127,862 |
| Dividends per share | 0.63 | 0.59 | 0.55 | 0.51 | 0.36 | 0.22 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.