NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 22. UNAUDITED INTERIM FINANCIAL INFORMATION Tr ehceufror lilnogwaicncgr uu anlasu) dniet ec edsds aa tray itnocpl urde sees n, itnf at hi rel yo tphi ne iroens uolft ms oafnoapgeerma teinotn, sa lfloardsjuucsht mpeenr itosd(sc:o n s i s t i n g o n l y o f n o r m a l Three Months Ended (In Thousands of Dollars Except Per Share Data) 2025: March 31 June 30 September 30 December 31 Interest income $ 58,591 $ 60,523 $ 63,788 $ 63,808 Interest expense 22,970 23,720 24,450 23,324 Provision for possible loan losses 2,504 3,624 3,086 5,248 Other income 4,966 5,312 5,056 5,005 Other expense 18,539 18,927 20,301 19,461 Income before tax expense 19,544 19,564 21,007 20,780 Income tax expense 4,582 4,109 4,485 3,473 Net income $ 14,962 $ 15,455 $ 16,522 $ 17,307 Net income per share $ 0.90 $ 0.93 $ 1.00 $ 1.04 2024: March 31 June 30 September 30 December 31 Interest income $ 50,024 $ 53,651 $ 57,071 $ 58,292 Interest expense 21,131 23,273 25,259 23,815 Provision for possible loan losses 929 954 782 1,797 Other income 4,567 5,280 4,997 5,567 Other expense 17,638 18,049 17,890 18,970 Income before tax expense 14,893 16,655 18,137 19,277 Income tax expense 2,982 3,330 3,741 3,458 Net income $ 11,911 $ 13,325 $ 14,396 $ 15,819 Net income per share $ 0.72 $ 0.80$ 0.87 $ 0.95
2025 Annual Report | 55
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