CIVISTA BANCSHARES, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $50.3m $54.5m $18.1m $22.4m $28.2m $31.5m $29.1m $37.2m $37.7m $34.0m
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $563k $573k $718k $1.0m $977k $1.2m $984k $1.1m $2.2m $1.8m
Amortization of Intangible Assets $699k $586k $366k $945k $913k $890k $1.3m $1.6m $1.5m $1.6m
Equity Securities, FV-NI, Realized Gain (Loss) ($6k) $0 $0 $0
Gain (Loss) on Investments $0
Interest Income, Other $396k $498k $735k $851k $606k $449k $1.1m $979k $1.0m $1.2m
Preferred Stock Dividends, Income Statement Impact $1.5m $1.2m $959k $647k $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $23.8m $22.2m $16.8m $39.6m $37.1m $47.6m $47.0m $50.6m $36.6m $55.2m
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic $40.4m $38.9m $41.4m $31.0m $46.0m
Net Income (Loss) Attributable to Parent $17.2m $15.9m $14.1m $33.9m $32.2m $40.5m $39.4m $43.0m $31.7m $46.2m
Net Income (Loss) Available to Common Stockholders, Basic $15.7m $14.6m $13.2m $33.2m $32.2m $40.5m $39.4m $43.0m $31.7m $46.2m
Earnings Per Share, Basic $1.96 $1.48 $1.10 $2.12 $2.00 $2.63 $2.60 $2.73 $2.01 $2.64
Earnings Per Share, Diluted $1.57 $1.28 $1.02 $2.01 $2.00 $2.63 $2.60 $2.73 $2.01 $2.64
Weighted Average Number of Shares Outstanding, Basic 8.0m 9.9m 12.0m 15.7m 16.1m 15.3m 15.0m 15.2m 15.4m 17.4m
Weighted Average Number of Shares Outstanding, Diluted 11.0m 12.4m 13.9m 16.9m 16.1m 15.3m 15.0m 15.2m 15.4m 17.4m
Noninterest expense:
Labor and Related Expense $25.3m $29.3m $37.3m $39.2m $42.5m $44.7m $51.1m $58.3m $61.8m $58.7m
Equipment Expense $1.6m $1.6m $1.7m $2.2m $2.0m $1.8m $5.1m $11.1m $9.6m $8.1m
Business Combination, Acquisition Related Costs $2.9m
Current Income Tax Expense (Benefit) $6.4m $5.4m $2.4m $4.7m $6.9m $5.1m $7.0m $8.3m
Interest Expense $3.3m $4.1m $7.6m $13.0m $10.1m $6.3m $11.0m $57.2m
Interest Expense, Securities Sold under Agreements to Repurchase $23k $21k $22k
Operating Lease, Expense $642k
Income Tax Expense (Benefit) $6.6m $6.4m $2.6m $5.7m $4.9m $7.0m $7.6m $7.6m $4.9m $9.0m
Total interest expense $90.0m $82.4m
Interest Income (Expense), Net $50.3m $54.5m $66.1m $85.1m $89.7m $95.4m $110.2m $125.5m $116.7m $138.6m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($1.2m) $0 $0 $0 $0 $0 $0