SpareBank 1 Helgeland (OSL: HELG)

SpareBank 1 Helgeland Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,073	925	1,513	930	695	838
Investment Securities	5,241	6,223	5,860	5,939	4,862	5,652
Trading Asset Securities	58	64	31	39	67	15
Total Investments	5,299	6,287	5,891	5,978	4,929	5,667
Gross Loans	30,785	29,300	30,903	32,387	27,652	27,606
Allowance for Loan Losses	-278	-220	-141	-230	-291	-335
Net Loans	30,507	29,080	30,762	32,157	27,361	27,271
Property, Plant & Equipment	272	250	209	153	118	187
Goodwill	-	44	44	44	-	-
Other Intangible Assets	75	39	50	60	-	-
Accrued Interest Receivable	-	155	91	47	45	59
Other Receivables	-	9	11	18	15	-
Other Current Assets	-	38	27	28	10	7
Long-Term Deferred Tax Assets	-	29	26	14	26	12
Other Real Estate Owned & Foreclosed	-	1	1	1	5	20
Other Long-Term Assets	68	3	-	3	3	7
Total Assets	37,294	36,860	38,625	39,433	33,207	34,068
Accrued Expenses	-	50	54	103	134	71
Interest Bearing Deposits	24,968	13,583	13,999	12,768	10,792	11,840
Non-Interest Bearing Deposits	-	11,100	11,130	10,784	7,892	7,119
Total Deposits	24,968	24,683	25,129	23,552	18,684	18,959
Short-Term Borrowings	65	81	58	12	39	25
Current Portion of Long-Term Debt	302	1,419	1,721	2,012	930	297
Current Portion of Leases	-	31	46	22	-	-
Current Income Taxes Payable	-	148	118	41	63	70
Other Current Liabilities	-	45	42	52	31	24
Long-Term Debt	6,642	5,352	6,521	9,013	9,490	11,043
Long-Term Leases	21	-	-	-	17	14
Other Long-Term Liabilities	198	-	-	-	-	-
Total Liabilities	32,196	31,809	33,689	34,807	29,388	30,503
Common Stock	258	266	268	270	209	208
Additional Paid-In Capital	1,505	1,505	1,505	1,505	971	971
Retained Earnings	2,919	2,864	2,737	2,428	2,298	1,646
Comprehensive Income & Other	416	416	423	420	338	738
Total Common Equity	5,098	5,051	4,933	4,623	3,816	3,563
Minority Interest	-	-	3	3	3	2
Shareholders' Equity	5,098	5,051	4,936	4,626	3,819	3,565
Total Liabilities & Equity	37,294	36,860	38,625	39,433	33,207	34,068
Total Debt	7,030	6,883	8,346	11,059	10,476	11,379
Net Cash (Debt)	-5,899	-5,894	-6,802	-10,090	-9,714	-10,526
Net Cash Per Share	-219.06	-218.47	-252.36	-372.45	-466.27	-504.33
Filing Date Shares Outstanding	26.91	26.97	26.98	27	20.87	20.86
Total Common Shares Outstanding	26.91	26.97	26.98	27	20.87	20.86
Book Value Per Share	174.69	172.53	168.07	156.49	168.52	156.46
Tangible Book Value	5,023	4,968	4,839	4,519	3,816	3,563
Tangible Book Value Per Share	171.90	169.45	164.58	152.64	168.52	156.46

Source: S&P Capital IQ. Banks template. Financial Sources.