FIRST BUSINESS FINANCIAL SERVICES INC
For the period ended Jun 30, 2024. Filed Jul 26, 2024.
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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.
Jun 30, 2024 · Filed Jul 26, 2024
FBIZ$75.22-0.8%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income (Unaudited)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In Thousands) | ||||
| Net income | $10,456 | $8,337 | $19,304 | $17,316 |
| Other comprehensive (loss) income | ||||
| Securities available-for-sale: | ||||
| Unrealized securities losses arising during the period | (644) | (4,015) | (3,505) | (252) |
| Reclassification adjustment for net loss realized in net income | — | 45 | 8 | 45 |
| Securities held-to-maturity: | ||||
| Amortization of net unrealized losses transferred from available-for-sale | — | 1 | 1 | 3 |
| Interest rate swaps: | ||||
| Unrealized gains on interest rate swaps arising during the period | 382 | 3,693 | 5,304 | 2,131 |
| Income tax (expense) benefit | (506) | 70 | (1,035) | (494) |
| Total other comprehensive (loss) income | (768) | (206) | 773 | 1,433 |
| Comprehensive income | $9,688 | $8,131 | $20,077 | $18,749 |
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