Tectonic Financial Inc (TECTP) Annual Income Statement

Annual · GAAP · USD millions
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Annual Report, GAAP in USD millions
ITEM
(Dec 31 2024)
2024
(Dec 31 2023) (Dec 31 2022) (Dec 31 2021) (Dec 31 2020)
Revenues
Interest and Fee Income, Loans and Leases56.51
Interest and Dividend Income, Securities, Operating2.27
Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell0.05
Interest Income, Deposits with Financial Institutions4.79
Total Interest Income63.63
Interest Expense, Deposits29.44
Interest Expense, Debt2.17
Net Interest (-)Expense / Income0.00
Net Interest Income32.02
Provision for loan losses4.58
Total Net Interest Income27.17
Service Fees, Investment Banking, Brokerage and Other Transactions18.36
Sales of Products7.48
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment0.70
Other Non-Interest Income0.00
Total Non-interest Income45.07
Total Revenues7.48
Costs & Expenses
Salaries & employee benefits, SGA37.50
Depreciation & Amortization0.24
Communications, Occupancy and Information Technology3.18
Professional Fees and Commission6.41
Other Noninterest Expense7.31
Other loss /-income0.00
Total Operating Expenses53.92
Total Costs & Expenses0.00
Income & Taxes
Income /-loss before income taxes18.32
Income taxes expenses/-benefit4.39
Income after income taxes13.94
Income /-loss after income taxes13.94
Net Income/-loss13.94
Preferred dividends1.85
Income/-loss to shareholder12.08
Earnings Per Share
Basic EPS (excl. extra items)1.71
Basic Net EPS1.71
Basic shares outstanding (Mill. of Units)7.08
Diluted Net EPS1.68
Diluted average shares (Mill. of Units)7.21
Dividend per share0.00
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About Tectonic Financial Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.