NWSB Annual Report 2025 | Page 18

NEW INDEPENDENT BANCSHARES, INC. AND SUBSIDIARY
Consolidated Statements of Income For the Years Ended December 31,( Continued)
Noninterest Expense Salaries and Employee Benefits Occupancy Expenses Equipment Expenses Postage and Supplies FDIC Insurance Data Processing Costs Advertising Visa Expense Examination Fees Telephone Expense Committee and Directors ' Fees Dealer Loan Expense Professional Fees Merger-Related Transaction Costs Post-Merger Integration Costs Loss on Sale of Investment Securities Other Operating Expenses Total Noninterest Expenses
Net Income Before Provision for Income Tax Federal Income Tax Expense State Income Tax Expense
Net Income
2025 2024
9,440,545
8,495,761
1,456,901
1,295,671
960,296
1,043,345
365,575
334,961
421,257
309,501
669,138
585,352
282,937
257,826
942,635
905,332
442,057
362,413
325,584
315,311
389,232
328,440
432,650
442,398
1,072,553
831,722
905,550
-
681,519
-
-
971,405
1,569,304
1,247,094
20,357,733
17,726,532
4,214,261
5,526,600
( 463,684)
( 900,757)
( 648,830)
( 222,006)
$ 3,101,747 $ 4,403,837
Net Income Per Common Share( Note 1-s)
$
12.03
$
19.76
Cash Dividends Per Common Share
$
7.05
$
7.00
See accompanying notes.
18 | 2025 NWSB Annual Report