FIRST BUSEY CORP /NV/

For the period ended Jun 30, 2025. Filed Aug 5, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 5, 2025

BUSE$29.11-0.1%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 exhibits

Contents

CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited)

	Three Months Ended June 30,		Six Months Ended June 30,
(dollars in thousands, except per share amounts)	2025	2024	2025	2024
Interest income
Interest and fees on loans	$214,409	$109,641	$353,942	$208,966
Taxable interest income	23,393	18,878	41,690	38,475
Non-taxable interest income	1,640	295	2,282	635
Dividend income on bank stock	543	98	1,302	185
Other interest income	7,461	3,027	15,045	9,498
Total interest income	247,446	131,939	414,261	257,759
Interest expense
Deposits	88,147	43,709	145,459	87,677
Federal funds purchased and securities sold under agreements to repurchase	886	1,040	1,762	2,412
Short-term borrowings	496	418	563	650
Long-term debt	743	4	1,030	300
Subordinated notes	2,599	3,177	5,786	6,286
Junior subordinated debt owed to unconsolidated trusts	1,392	1,059	2,747	2,048
Total interest expense	94,263	49,407	157,347	99,373
Net interest income	153,183	82,532	256,914	158,386
Provision for credit losses	5,700	1,908	51,293	6,268
Net interest income after provision for credit losses	147,483	80,624	205,621	152,118
Noninterest income
Wealth management fees	16,777	15,917	34,141	31,466
Payment technology solutions	4,956	5,915	10,029	11,624
Treasury management services	4,981	2,145	7,998	4,046
Card services and ATM fees	4,880	3,430	8,589	6,390
Other service charges on deposit accounts	1,513	2,321	3,046	4,669
Mortgage revenue	776	478	1,105	1,224
Income on bank owned life insurance	1,745	1,442	3,191	2,861
Realized net gains (losses) on the sale of mortgage servicing rights	—	277	—	7,742
Realized net gains (losses) on securities	1	(4)	(15,536)	(6,806)
Unrealized net gains (losses) recognized on equity securities	5,996	(349)	5,765	78
Other noninterest income	3,238	2,131	7,758	5,322
Total noninterest income	44,863	33,703	66,086	68,616
Noninterest expense
Salaries, wages, and employee benefits	78,360	43,478	145,923	85,568
Data processing	14,021	7,100	23,596	13,650
Net occupancy expense of premises	7,832	4,590	13,631	9,310
Furniture and equipment expenses	2,409	1,695	4,153	3,508
Professional fees	2,874	2,495	12,385	4,748
Amortization of intangible assets	4,592	2,629	7,675	5,038
Interchange expense	1,297	1,733	2,640	3,344
FDIC insurance	2,424	1,460	4,591	2,860
Other noninterest expense	14,024	10,726	25,269	19,327
Total noninterest expense	127,833	75,906	239,863	147,353
Income before income taxes	64,513	38,421	31,844	73,381
Income taxes	17,109	11,064	14,430	19,799
Net income	$47,404	$27,357	$17,414	$53,582
Dividends on preferred stock	$155	$—	$155	$—
Net income available to common stockholders	$47,249	$27,357	$17,259	$53,582
Weighted average number of common shares outstanding
Basic	89,645,040	56,919,025	79,139,706	56,167,807
Diluted	90,883,711	57,853,231	80,251,577	57,129,865
Basic earnings per common share	$0.53	$0.48	$0.22	$0.95
Diluted earnings per common share	$0.52	$0.47	$0.22	$0.94

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.