Business First Bancshares, Inc., Announces Financial Results for Fiscal Year 2023 and Q4 2023
The repositioning resulted in a loss of $2.5 million with an estimated earn back of 1.1 years as of December 31, 2023.
- The repositioning resulted in a loss of $2.5 million with an estimated earn back of 1.1 years as of December 31, 2023.
- For the quarter ended December 31, 2023, net interest income totaled $53.8 million, compared to $55.3 million from the linked quarter.
- During the quarter ended December 31, 2023, Business First recorded a provision for credit losses of $119,000, compared to $604,000 for the linked quarter.
- For the quarter ended December 31, 2023, other expenses increased by $1.1 million or 2.87%, compared to the linked quarter.