FIRST BUSEY CORP /NV/
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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.
Mar 31, 2026 · Filed May 7, 2026
BUSE$29.11-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
| Three Months Ended March 31, | ||
|---|---|---|
| (dollars in thousands, except per share amounts) | 2026 | 2025 |
| Interest income | ||
| Interest and fees on loans | $200,555 | $139,533 |
| Taxable interest income | 21,095 | 18,297 |
| Non-taxable interest income | 1,733 | 642 |
| Dividend income on bank stock | 880 | 759 |
| Other interest income | 1,222 | 7,584 |
| Total interest income | 225,485 | 166,815 |
| Interest expense | ||
| Deposits | 66,026 | 57,312 |
| Federal funds purchased and securities sold under agreements to repurchase | 896 | 876 |
| Short-term borrowings | 911 | 67 |
| Long-term borrowings | 1,068 | 287 |
| Subordinated notes | 1,353 | 3,187 |
| Junior subordinated debt owed to unconsolidated trusts | 1,262 | 1,355 |
| Total interest expense | 71,516 | 63,084 |
| Net interest income | 153,969 | 103,731 |
| Provision for credit losses | 3,058 | 45,593 |
| Net interest income after provision for credit losses | 150,911 | 58,138 |
| Noninterest income | ||
| Wealth management fees | 19,370 | 17,364 |
| Payment technology solutions | 5,077 | 5,073 |
| Treasury management services | 4,826 | 3,017 |
| Card services and ATM fees | 4,646 | 3,709 |
| Other service charges on deposit accounts | 1,506 | 1,533 |
| Mortgage revenue | 438 | 329 |
| Income on bank owned life insurance | 1,616 | 1,446 |
| Realized net gains (losses) on securities | 23 | (15,537) |
| Unrealized net gains (losses) recognized on equity securities | (963) | (231) |
| Other noninterest income | 5,726 | 4,520 |
| Total noninterest income | 42,265 | 21,223 |
| Noninterest expense | ||
| Salaries, wages, and employee benefits | 85,230 | 67,563 |
| Data processing | 9,864 | 9,575 |
| Net occupancy expense of premises | 7,652 | 5,799 |
| Furniture and equipment expenses | 2,177 | 1,744 |
| Professional fees | 3,239 | 9,511 |
| Amortization of intangible assets | 4,291 | 3,083 |
| Interchange expense | 1,116 | 1,343 |
| FDIC insurance | 2,451 | 2,167 |
| Other noninterest expense | 13,499 | 11,245 |
| Total noninterest expense | 129,519 | 112,030 |
| Income (loss) before income taxes | 63,657 | (32,669) |
| Income taxes | 13,676 | (2,679) |
| Net income (loss) | $49,981 | $(29,990) |
| Dividends on preferred stock | $4,589 | $— |
| Net income (loss) available to common stockholders | $45,392 | $(29,990) |
| Weighted average number of common shares outstanding | ||
| Basic | 86,692,001 | 68,517,647 |
| Diluted | 87,831,295 | 68,517,647 |
| Basic earnings (loss) per common share | $0.52 | $(0.44) |
| Diluted earnings (loss) per common share | $0.52 | $(0.44) |
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