FIRST BUSINESS FINANCIAL SERVICES INC
For the period ended Mar 31, 2024. Filed Apr 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.
Mar 31, 2024 · Filed Apr 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 March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (In Thousands) | ||
| Net income | $8,848 | $8,979 |
| Other comprehensive income | ||
| Securities available-for-sale: | ||
| Unrealized securities (losses) gains arising during the period | (2,861) | 3,762 |
| Reclassification adjustment for net loss realized in net income | 8 | — |
| Securities held-to-maturity: | ||
| Amortization of net unrealized losses transferred from available-for-sale | 1 | 2 |
| Interest rate swaps: | ||
| Unrealized gains (losses) on interest rate swaps arising during the period | 4,922 | (1,562) |
| Income tax expense | (529) | (563) |
| Total other comprehensive income | 1,541 | 1,639 |
| Comprehensive income | $10,389 | $10,618 |
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