1895 Bancorp of Wisconsin Inc 2024年度报告

1895 BANCORP OF WISCONSIN, INC.CONSOLIDATED SELECTED FINANCIAL DATA (continued)(In thousands, except share and per data) (1) Noninterest income includes gains and losses on sales of securities.(2) Net income divided by weighted average shares outstanding-basic.(3) Net income divided by weighted average shares outstanding-diluted.(4) Tangible equity capital divided by shares outstanding.(5) Total equity capital divided by shares outstanding.(6) Includes available-for-sale and marketable equity securities at fair value.(7) Net interest margin is the ratio of of net interest income to average interest earning assets.(8) Net interest spread is the yield on interest earning assets less the rate on interest bearing liabilities.(9) Noninterest income excludes gains and losses on sales of securities.(10) Noninterest income excludes gains and losses on gains and losses on sales of securities and unrealized gains and losses on marketable equity securities. Unrealizedgains and losses on marketable equity securities is the result of increases and decreases in the market value of mutual funds held in our deferred compensation plan.The Company records offsetting amounts for this gain or loss in noninterest income and noninterest expense.(11) Noninterest expense excludes unrealized gains and losses on marketable equity securities. Unrealized gains and losses on marketable equity securities is the resultof increases and decreases in the market value of mutual funds held in our deferred compensation plan. The Company records offsetting amounts for this gain or loss innoninterest income and noninterest expense.(12) The efficiency ratio equals noninterest expense divided by the sum of net interest income plus noninterest income, excluding gains and losses on sales of securities.(13) The efficiency ratio as calculated in (12) above, also excluding unrealized gains and losses on marketable equity securities in noninterest income and noninterestexpense. Unrealized gains and losses on marketable equity securities is the result of increases and decreases in the market value of mutual funds held in our deferredcompensation plan. The Company records offsetting amounts for this gain or loss in noninterest income and noninterest expense.(14) Return on average assets equals net income divided by average total assets.(15) Return on average equity equals net income divided by average stockholders' equity.(16) Does not include modified loans that are in nonaccrual status, which are included in nonaccrual loans.(17) Excludes loans held for sale.(18) Nonperforming assets includes nonaccrual loans, impaired securities and other real estate. AVERAGE BALANCES AND YIELDS The following tables set forth average balance sheets, average yields and costs, and certain other information at and for the periodsindicated. No tax-equivalent yield adjustments were made, as the effect thereof was not material. All average balances are dailyaverage balances. Non-accrual loans were included in the computation of average balances but are reflected in the table as loanscarrying a zero yield. The yields set forth below include the effect of deferred costs, premiums and discounts that are amortized oraccreted to interest income or interest expense. AVAILABLE-FOR-SALE SECURITIES The amortized costs and fair values of available-for-sale securities were as follows: LOANS Major classifications of loans, reported at amortized cost, are summarized as follows: LOANS (continued) A summary of activity in the allowance for credit losses for loans and the allowance for credit losses for unfunded loan commitmentsfor the three and nine months ended September 30, 2025 and September 30, 2024, is presented below: Allowance for credit losses for unfunded loan commitments(1)Beginning balance AllowanceforcreditlossesforunfundedloancommitmentsBeginningbalance Allowanceforcreditlossesforunfundedloancommitments(1) TotalAllowanceforcreditlossesforloansandunfundedloancommitments The following table presents the amortized cost of our loans on nonaccrual status as of September 30, 2025 and December 31, 2024.All loans that were 90 days or more past due were on nonaccrual status as of September 30, 2025 and December 31, 2024. LOANS (continued) An analysis of past due loans, excluding amortized costs, is presented below: DEPOSITS The composition of deposits is summarized below: EARNINGS (LOSS) PER SHARE Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common sharesoutstanding, adjusted for weighted average unallocated ESOP shares, during the applicable period. Diluted earnings per share iscomputed using the weighted-average number of shares determined for the basic earnings per common share computation plus thedilutive effect of stock compensation using the treasury stock method. Antidilutive options are disregarded in earnings per sharecalculations. For the three and nine months ended September 30, 2024, 102,396