Business First Bancshares Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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FY2024 · Filed Mar 7, 2025
BFST$32.73-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
(Dollars in thousands, except per share data)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Interest Income: | |||
| Interest and Fees on Loans | $374,555 | $323,327 | $218,032 |
| Interest and Dividends on Non-taxable Securities | 4,265 | 4,340 | 4,131 |
| Interest and Dividends on Taxable Securities | 20,994 | 15,785 | 12,372 |
| Interest on Federal Funds Sold and Due From Banks | 14,950 | 9,875 | 1,579 |
| Total Interest Income | 414,764 | 353,327 | 236,114 |
| Interest Expense: | |||
| Interest on Deposits | 165,094 | 106,908 | 24,413 |
| Interest on Borrowings | 22,287 | 31,290 | 12,124 |
| Total Interest Expense | 187,381 | 138,198 | 36,537 |
| Net Interest Income | 227,383 | 215,129 | 199,577 |
| Provision for Credit Losses | 10,873 | 4,483 | 10,886 |
| Net Interest Income after Provision for Credit Losses | 216,510 | 210,646 | 188,691 |
| Other Income: | |||
| Service Charges on Deposit Accounts | 10,577 | 9,704 | 8,272 |
| Gain (Loss) on Sales of Securities | 7 | (2,565) | (48) |
| Gain on Sales of Loans | 2,973 | 1,972 | 574 |
| Other Income | 30,636 | 27,531 | 20,512 |
| Total Other Income | 44,193 | 36,642 | 29,310 |
| Other Expenses: | |||
| Salaries and Employee Benefits | 103,917 | 90,611 | 85,222 |
| Occupancy and Equipment Expense | 23,989 | 20,859 | 19,367 |
| Other Expenses | 49,746 | 45,232 | 44,820 |
| Total Other Expenses | 177,652 | 156,702 | 149,409 |
| Income Before Income Taxes | 83,051 | 90,586 | 68,592 |
| Provision for Income Taxes | 17,944 | 19,543 | 14,337 |
| Net Income | 65,107 | 71,043 | 54,255 |
| Preferred Stock Dividends | 5,401 | 5,401 | 1,350 |
| Net Income Available to Common Shareholders | $59,706 | $65,642 | $52,905 |
| Earnings Per Common Share: | |||
| Basic | $2.27 | $2.62 | $2.34 |
| Diluted | $2.26 | $2.59 | $2.32 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.