Safwa Islamic Bank (ASE:SIBK)

Safwa Islamic Bank Balance Sheet

Financials in millions JOD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	118.59	151.14	187.44	128.7	290.39	299.49
Investment Securities	917.1	834.27	538.08	373.69	315.58	229.75
Trading Asset Securities	-	-	-	0.04	1.57	1.51
Total Investments	917.1	834.27	538.08	373.73	317.15	231.26
Gross Loans	1,993	1,865	1,557	1,555	1,248	869.02
Allowance for Loan Losses	-109.3	-94.05	-61.73	-56.93	-44.77	-35.5
Other Adjustments to Gross Loans	-241.4	-221.29	-182.62	-181.71	-146.49	-85.62
Net Loans	1,642	1,549	1,313	1,316	1,057	747.9
Property, Plant & Equipment	856.7	793	726.34	643.97	564.47	453.55
Other Intangible Assets	1.83	1.67	1.7	2	1.92	2.02
Accrued Interest Receivable	11.81	9.46	5.67	3.04	1.58	1.67
Other Receivables	1.44	11.57	9.83	8.3	8.62	8.34
Restricted Cash	114.55	110.48	95.06	88.18	76.7	61.91
Other Current Assets	28.28	2.23	2.15	1.8	1.38	1.45
Long-Term Deferred Tax Assets	19.19	18.51	12.23	8.27	6.73	5.31
Other Real Estate Owned & Foreclosed	28.91	49.83	36.41	8.28	7.94	6.5
Other Long-Term Assets	4.24	2.89	1.28	1.59	2.39	0.83
Total Assets	3,744	3,535	2,929	2,584	2,336	1,820
Accrued Expenses	4.28	2.91	1.62	0.85	0.41	0.85
Non-Interest Bearing Deposits	380.93	344.38	342.86	317.87	306.6	253.47
Total Deposits	380.93	344.38	342.86	317.87	306.6	253.47
Current Portion of Leases	-	0.11	0.09	0.08	0.09	0.15
Current Income Taxes Payable	11.63	20.68	11.92	8.75	8.33	8.3
Other Current Liabilities	288.29	230.62	176.66	100.49	107.37	67.38
Long-Term Leases	9.92	9.74	10.21	9.96	9.26	8.75
Other Long-Term Liabilities	2,829	2,717	2,196	1,974	1,741	1,327
Total Liabilities	3,524	3,325	2,740	2,412	2,173	1,666
Common Stock	120	120	100	100	100	100
Retained Earnings	100.3	89.41	89.33	71.79	62.68	54.62
Comprehensive Income & Other	0.59	0.09	-0.03	0.01	-	-
Shareholders' Equity	220.89	209.5	189.31	171.8	162.68	154.62
Total Liabilities & Equity	3,744	3,535	2,929	2,584	2,336	1,820
Total Debt	9.92	9.85	10.3	10.04	9.34	8.9
Net Cash (Debt)	108.67	141.29	177.15	118.69	282.61	292.1
Net Cash Growth	-39.25%	-20.24%	49.25%	-58.00%	-3.25%	50.78%
Net Cash Per Share	0.72	0.94	1.18	0.79	1.88	1.95
Filing Date Shares Outstanding	150	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150	150
Book Value Per Share	1.47	1.40	1.26	1.15	1.08	1.03
Tangible Book Value	219.07	207.83	187.61	169.8	160.76	152.59
Tangible Book Value Per Share	1.46	1.39	1.25	1.13	1.07	1.02

Source: S&P Global Market Intelligence. Banks template. Financial Sources.