Security Midwest Bancorp reported revenue of $2.75M and net income of $0.39M for the quarter ended Jun 2026, up 13.8% year over year. This income statement covers 9 quarters of results from Mar 2024 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue & Cost | |||||||||
| Provisions | 0.05M | -0.05M | 0.03M | 0.01M | -0.00M | 0.01M | 0.01M | 0.03M | 0.04M |
| Revenue | 2.19M | 2.11M | 2.33M | 2.53M | 2.42M | 2.42M | 2.46M | 2.20M | 2.75M |
| Interest income | |||||||||
| Interest income - Loans | 1.56M | 1.60M | 1.77M | 1.81M | 1.80M | 1.84M | 1.94M | 2.03M | 2.30M |
| Interest Income - Debt Securities | 0.34M | 0.35M | 0.33M | 0.32M | 0.31M | 0.30M | 0.28M | 0.49M | 0.71M |
| Interest Income - Deposits | 0.33M | 0.21M | |||||||
| Interest Income - Total | 2.34M | 2.44M | 2.61M | 2.67M | 2.53M | 2.46M | 2.51M | 2.83M | 3.22M |
| Interest expenses | |||||||||
| Interest Expense - Deposits | 0.61M | 0.77M | 0.78M | 0.71M | 0.57M | 0.55M | 0.54M | 0.58M | 0.56M |
| Interest Expense - Debt | 0.00M | 1.00 | 47.00 | 33.00 | 13.00 | 0.16M | 0.33M | ||
| Interest ExpensesInterest Expense | 0.61M | 0.77M | 0.78M | 0.71M | 0.57M | 0.55M | 0.54M | 0.74M | 0.89M |
| Interest Income - Net | 1.73M | 1.66M | 1.82M | 1.96M | 1.96M | 1.91M | 1.97M | 2.09M | 2.33M |
| Non-interest income | |||||||||
| Interest Income - Total | 1.69M | 1.71M | 1.79M | 1.95M | 1.96M | 1.91M | 1.97M | 2.05M | 2.31M |
| Service Charges | 157.00 | 0.81M | 0.01M | 0.23M | 0.04M | 0.00M | 124.00 | 0.15M | 147.00 |
| Investment Banking Income | 0.02M | 0.00M | 0.02M | 0.04M | 0.04M | 0.04M | 0.04M | 0.03M | 0.01M |
| Mortgage Banking | 0.04M | 0.03M | 0.03M | 0.03M | 0.03M | 0.03M | 0.03M | 0.03M | 0.03M |
| Card Income | 0.10M | 0.10M | 0.10M | 0.10M | 0.09M | 0.10M | 0.10M | 0.09M | 0.10M |
| Other Non-Interest Income | 0.04M | 0.04M | 0.08M | 0.12M | 0.05M | 0.08M | 0.09M | 0.10M | 0.06M |
| Non-Interest Income | 0.45M | 0.45M | 0.50M | 0.57M | 0.45M | 0.50M | 0.49M | 0.11M | 0.42M |
| Operating Items | |||||||||
| Research & DevelopmentR&D | 0.13M | 0.14M | 0.15M | 0.19M | 0.15M | 0.15M | 0.19M | 0.19M | 0.18M |
| Wages, Salaries and OtherWages | 1.04M | 0.98M | 1.00M | 1.19M | 1.12M | 1.12M | 1.26M | 0.08M | 1.25M |
| Rent ExpenseRental Exp. | 0.13M | 0.15M | 0.14M | 0.13M | 0.15M | 0.15M | 0.13M | 0.14M | 0.16M |
| Other Operating ExpensesOther Opex | 1.51M | 1.50M | 1.51M | 2.50M | 1.55M | 1.64M | 1.75M | 2.86M | 1.85M |
| Operating ExpensesOpex | 1.77M | 1.79M | 1.80M | 2.83M | 1.85M | 1.94M | 2.06M | 3.18M | 2.18M |
| EBIT | 0.98M | 1.14M | 1.28M | 0.40M | 1.14M | 1.02M | 0.94M | 0.14M | 1.43M |
| Non-operating items | |||||||||
| Non Operating Interest Expenses | 0.02M | 0.04M | 0.05M | 0.05M | 0.04M | 0.05M | 0.05M | 0.05M | 0.06M |
| Net income details | |||||||||
| EBT | 0.37M | 0.37M | 0.50M | -0.30M | 0.57M | 0.47M | 0.40M | -0.60M | 0.54M |
| Tax ProvisionsTaxes | 0.10M | 0.10M | 0.13M | -0.08M | 0.17M | 0.12M | 0.12M | -0.02M | 0.15M |
| Profit After TaxPAT | 0.27M | 0.27M | 0.37M | -0.22M | 0.40M | 0.35M | 0.28M | -0.58M | 0.39M |
| Income from Continuing OperationsIncome (Continuing) | 0.27M | 0.27M | 0.37M | -0.22M | 0.40M | 0.35M | 0.28M | -0.58M | 0.39M |
| Consolidated Net IncomeConsol Net Inc. | 0.27M | 0.27M | 0.37M | -0.22M | 0.40M | 0.35M | 0.28M | -0.58M | 0.39M |
| Income towards Parent CompanyParent Net Inc | 0.27M | 0.27M | 0.37M | -0.22M | 0.40M | 0.35M | 0.28M | -0.58M | 0.39M |
| Net Income towards Common StockholdersNet Income | 0.27M | 0.27M | 0.37M | -0.22M | 0.40M | 0.35M | 0.28M | -0.58M | 0.39M |
| Additional items | |||||||||
| EPS (Basic) | 0.32 | -0.65 | 0.44 | ||||||
| EPS (Diluted) | 0.34 | -0.69 | 0.47 | ||||||
| Shares Outstanding | 0.89M | 0.89M | 0.89M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.83M | 0.83M | 0.83M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.89M | 0.89M | 0.89M | 0.89M | |||||
| EBITDA | 0.98M | 1.14M | 1.28M | 0.40M | 1.14M | 1.02M | 0.94M | 0.14M | 1.43M |