Esquire Financial Holdings Inc

For the period ended Sep 30, 2024. Filed Nov 13, 2024.

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.

Sep 30, 2024 · Filed Nov 13, 2024

ESQ$131.84-1.2%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


· Three Months Ended September 30, · · Nine Months Ended September 30,
· 2024 · 2023 · 2024 · 2023
Interest income:
Loans held for investment	$25,122	$21,408	$72,727	$58,160
Securities, includes restricted stock	2,389	1,238	6,017	3,581
Securities purchased under agreements to resell	—	158	—	1,526
Interest earning cash and other	1,620	1,097	3,845	3,054
Total interest income	29,131	23,901	82,589	66,321

Interest expense:
Savings, NOW and money market deposits	3,129	1,988	9,159	4,809
Time deposits	143	187	384	406
Borrowings	1	1	3	3
Total interest expense	3,273	2,176	9,546	5,218

Net interest income	25,858	21,725	73,043	61,103
Provision for credit losses	1,000	1,200	3,000	3,025
Net interest income after provision for credit losses	24,858	20,525	70,043	58,078

Noninterest income:
Payment processing fees	5,169	5,621	15,787	16,898
Administrative service income	658	619	2,024	1,887
Net (loss) gain on equity investments	—	(14)	—	4,013
Customer related fees, service charges and other	235	302	915	687
Total noninterest income	6,062	6,528	18,726	23,485

Noninterest expense:
Employee compensation and benefits	9,525	8,433	28,211	23,720
Occupancy and equipment	977	836	3,060	2,500
Professional and consulting services	955	1,325	2,763	4,483
FDIC and regulatory assessments	236	261	691	587
Advertising and marketing	949	467	2,702	1,216
Travel and business relations	264	254	722	648
Data processing	1,690	1,375	4,923	3,757
Other operating expenses	762	808	2,086	2,305
Total noninterest expense	15,358	13,759	45,158	39,216

Net income before income taxes	15,562	13,294	43,611	42,347
Income tax expense	4,202	3,457	11,706	11,218

Net income	$11,360	$9,837	$31,905	$31,129

Earnings per share
Basic	$1.45	$1.27	$4.09	$4.04
Diluted	$1.34	$1.17	$3.78	$3.74

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.