Eagle Bancorp Montana, Inc.
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 14, 2025
EBMT$20.58-0.8%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
| Years Ended | ||
|---|---|---|
| December 31, | ||
| 2024 | 2023 | |
| INTEREST AND DIVIDEND INCOME: | ||
| Interest and fees on loans | $92,282 | $79,423 |
| Securities available-for-sale | 10,428 | 11,376 |
| FHLB and FRB dividends | 1,085 | 727 |
| Other interest income | 416 | 89 |
| Total interest and dividend income | 104,211 | 91,615 |
| INTEREST EXPENSE: | ||
| Deposits | 27,838 | 17,857 |
| FHLB advances and other borrowings | 10,211 | 8,562 |
| Other long-term debt | 2,724 | 2,719 |
| Total interest expense | 40,773 | 29,138 |
| NET INTEREST INCOME | 63,438 | 62,477 |
| Provision for credit losses | 518 | 1,456 |
| NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES | 62,920 | 61,021 |
| NONINTEREST INCOME: | ||
| Service charges on deposit accounts | 1,645 | 1,757 |
| Mortgage banking, net | 10,014 | 14,970 |
| Interchange and ATM fees | 2,540 | 2,524 |
| Appreciation in cash surrender value of life insurance | 2,054 | 1,466 |
| Net loss on sale of available-for-sale securities | (141) | (222) |
| Other noninterest income | 1,664 | 2,227 |
| Total noninterest income | 17,776 | 22,722 |
| NONINTEREST EXPENSE: | ||
| Salaries and employee benefits | 39,715 | 42,973 |
| Occupancy and equipment expense | 8,531 | 8,072 |
| Data processing | 6,209 | 5,943 |
| Software subscriptions | 2,127 | 2,064 |
| Advertising | 1,312 | 1,375 |
| Amortization | 1,391 | 1,587 |
| Loan costs | 1,567 | 1,887 |
| Federal Deposit Insurance Corporation ("FDIC") insurance premiums | 1,165 | 1,150 |
| Professional and examination fees | 1,941 | 1,922 |
| Other noninterest expense | 5,348 | 5,116 |
| Total noninterest expense | 69,306 | 72,089 |
| INCOME BEFORE PROVISION FOR INCOME TAXES | 11,390 | 11,654 |
| Provision for income taxes | 1,612 | 1,598 |
| NET INCOME | $9,778 | $10,056 |
| BASIC EARNINGS PER COMMON SHARE | $1.25 | $1.29 |
| DILUTED EARNINGS PER COMMON SHARE | $1.24 | $1.29 |
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