Lyons Bancorp : LYBC 1st Qtr. 2022 Financials

Lyons Bancorp, Inc. and Subsidiaries Consolidated Financial Highlights (Unaudited) Consecutive Quarterly ComparisonYear-To-Date Comparison
($ in thousands except for share data)	1st Qtr 2022	4th Qtr 2021	3Mo 2022	3 Mo 2021
Earnings Net interest income Less: Provision for loan losses Net interest income after provision for loan losses Gain (Loss) on sales of securities Gain (Loss) on sales of loans Noninterest income Noninterest expense Income before income taxes Income taxes Net income Preferred stock dividends Net Income available to common shareholders Share and Per Share Data Average common shares (basic) Average common shares (dilutive) Period-end common shares (basic) Period-end common shares (dilutive) Net income per common (basic)* Net income per common (dilutive)** Cash dividend declared Book value (incl. conv. Pref.)1 Book value (excl. conv. Pref.)1 Last stock trade @ period end Period-end Balances Assets Earning assets (excl mark to market) Gross loans Allowance for loan losses Deposits Shareholders' equity Average Balances Assets Earning assets (excl mark to market) Gross loans Allowance for loan losses Deposits Shareholders' equity Performance Ratios Return on average assets Return on average equity Net interest margin Net interest margin (T/E) Core Net interest margin Core Net interest margin (T/E) Efficiency ratio*** Core Efficiency ratio*** Asset Quality Net charge-offs Net charge-offs to average total loans Allowance for loan losses Allowance for loan losses to total gross loans Non-performing loans Non-performing loans to total gross loans	$ 11,693 320 $ 11,373 0 262 3,056 9,801 $ $ 4,889 923 3,966 $ 63 3,904 3,420,736 3,540,736 3,420,932 3,540,932 $ 1.14 $ 1.12 $ 0.34 $ 27.15 $ 26.66 $ 47.00 $ 1,667,319 $ 1,617,291 $ 1,175,744 $ 18,662 $ 1,526,295 $ 96,120 $ 1,646,837 $ 1,588,104 $ 1,152,336 $ 18,452 $ 1,495,284 $ 107,397 0.98% 14.98% 2.99% 3.00% 2.99% 3.01% 65.30% 65.35% $ $ $ 2 0.00% 18,662 1.59% 3,452 0.29%	$ 15,525 865 $ 14,660 (574) 367 3,120 9,572 $ $ 8,001 1,552 6,449 $ 63 6,387 3,418,630 3,538,630 3,418,973 3,538,973 $ 1.87 $ 1.82 $ 0.31 $ 30.98 $ 30.63 $ 43.20 $ 1,626,165 $ 1,564,973 $ 1,136,959 $ 18,344 $ 1,470,870 $ 109,648 $ 1,625,871 $ 1,559,112 $ 1,103,843 $ 17,850 $ 1,472,502 $ 107,271 1.57% 23.85% 3.95% 3.97% 2.98% 3.00% 50.35% 63.55% $ $ $ 215 0.02% 18,344 1.61% 3,494 0.31%	$ 11,693 320 $ 11,373 0 262 3,056 9,801 $ $ 4,889 923 3,966 $ 63 3,904 3,420,736 3,540,736 3,420,932 3,540,932 $ 1.14 $ 1.12 $ 0.34 $ 27.15 $ 26.66 $ 47.00 $ 1,667,319 $ 1,617,291 $ 1,175,744 $ 18,662 $ 1,526,295 $ 96,120 $ 1,646,837 $ 1,588,104 $ 1,152,336 $ 18,452 $ 1,495,284 $ 107,397 0.98% 14.98% 2.99% 3.00% 2.99% 3.01% 65.30% 65.35% $ $ $ 2 0.00% 18,662 1.59% 3,452 0.29%	$ 9,908 375 $ 9,533 (20) 1,470 2,815 10,423 $ $ 3,375 673 2,702 $ 63 2,640 3,175,517 3,295,517 3,175,592 3,295,592 $ 0.83 $ 0.82 $ 0.31 $ 28.02 $ 27.53 $ 42.26 $ 1,546,844 $ 1,481,373 $ 1,048,286 $ 17,735 $ 1,411,386 $ 92,354 $ 1,488,259 $ 1,419,576 $ 1,026,863 $ 17,545 $ $ 1,351,219 96,149 0.74% 11.40% 2.83% 2.85% 2.91% 2.93% 73.44% 74.25% $ $ $ 22 0.00% 17,735 1.69% 4,327 0.41%
1) In 9/21 Company completed a $9.4 million rights offering of LYBC common stock. *Basic earnings per share are calculated based upon net income available to common shareholders after preferred stock dividends **Dilutive earnings per share are calculated based upon net income (including preferred stock available to be converted into common stock). *** Calculated by dividing total noninterest expense by net interest income plus noninterest income (adjusted for certain items) and gain on sale of loans included for YTD 2020 and 2021. All CORE calculations are done without including interest income and processing fees associated with PPP loans.