PEOPLES FINANCIAL SERVICES CORP.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $774k $889k $1.0m $1.1m $1.6m $2.1m
Amortization of Intangible Assets $1.2m $1.0m $881k $730k $606k $491k $363k $105k $3.4m $6.4m
Debt and Equity Securities, Unrealized Gain (Loss) $132k ($35k) $2k ($31k) ($11k) $132k $168k
Debt Securities, Gain (Loss) $23k $918k ($2.0m) $81k $1k ($2.2m)
Equity Securities, FV-NI, Realized Gain (Loss) $29k $157k
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount $0
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent ($3k)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $24.6m $26.6m $28.3m $28.9m $34.2m $53.5m $45.4m $32.5m $8.5m $72.2m
Gain (Loss) on Derivative Instruments, Net, Pretax $2.3m $759k $622k $390k $285k $1.1m
Net Income (Loss) Attributable to Parent $19.6m $18.5m $24.9m $25.7m $29.4m $43.5m $38.1m $27.4m $8.5m $59.2m
Net Income (Loss) Available to Common Stockholders, Basic $19.6m $18.5m $24.9m $25.7m $29.4m $43.5m $38.1m $27.4m $8.5m $59.2m
Earnings Per Share, Basic $2.65 $2.50 $3.37 $3.48 $4.02 $6.05 $5.31 $3.85 $1.00 $5.92
Earnings Per Share, Diluted $2.65 $2.50 $3.37 $3.48 $4.00 $6.02 $5.28 $3.83 $0.99 $5.88
Common Stock, Dividends, Per Share, Declared $1.24 $1.26 $1.31 $1.37 $1.44 $1.50 $1.58 $1.64 $2.06 $2.47
Weighted Average Number of Shares Outstanding, Diluted 7.4m 7.4m 7.4m 7.4m 7.3m 7.2m 7.2m 7.2m 8.6m 10.1m
Noninterest expense:
Labor and Related Expense $22.4m $26.7m $28.4m $31.4m $30.1m $29.7m $33.6m $35.3m $45.7m $56.3m
Business Combination, Acquisition Related Costs $1.8m $16.2m $236k
Current Income Tax Expense (Benefit) $6.5m $6.5m $4.1m $2.8m $6.6m $9.5m $6.7m $3.9m $3.6m $8.3m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $566k $4.8m $98k
Interest Expense $7.3m $8.7m $13.3m $17.9m $14.3m $9.4m $15.6m $63.1m
Operating Lease, Expense $601k $727k $760k $1.0m $1.0m $1.2m $2.2m
Income Tax Expense (Benefit) $5.0m $8.2m $3.4m $3.2m $4.8m $10.0m $7.3m $5.1m ($30k) $13.0m
Total interest expense $95.5m $93.7m
Interest Income (Expense), Net $61.7m $65.5m $71.3m $75.5m $79.8m $84.6m $95.7m $86.8m $116.0m $166.0m