BFCC - BankFirst Capital GAAP EPS of $1.31 revenue of $26.09M

January, 30 2023 09:21 AM BankFirst Capital Corp.

BankFirst Capital press release ( OTCQX:BFCC ): Q4 GAAP EPS of $1.31.
Revenue of $26.09M.
On December 9, 2022, the Company paid a cash dividend of $0.85 per share to shareholders of record as of December 1, 2022.
Total assets increased 37% to $2.5 billion at December 31, 2022 from $1.8 billion at December 31, 2021.
Total loans increased 26% to $1.5 billion at December 31, 2022 from $1.2 billion at December 31, 2021.
Total deposits increased 32% to $2.1 billion at December 31, 2022 from $1.6 billion at December 31, 2021
Net income totaled $7.0 million, or $1.31 per share, in the fourth quarter of 2022 compared to $4.4 million, or $0.84 per share, for the fourth quarter of 2021.
Net interest income increased 32% to $20.4 million in the fourth quarter of 2022 from $15.5 million in the fourth quarter of 2021.
Net interest margin (net of Paycheck Protection Program ("PPP") fees) increased 76 basis points to 4.09% in the fourth quarter of 2022 from 3.33% in fourth quarter of 2021.
Nonperforming assets improved to 0.46% of total assets at December 31, 2022 from 0.54% at September 30, 2022. Excluding loans restructured during the period, nonperforming assets improved to 0.46% of total assets at December 31, 2022 from 0.54% at September 30, 2022.

For further details see: