SpareBank 1 SMN (OSL: MING)

SpareBank 1 SMN 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	1,149	1,172	1,171	1,252	2,764	761
Investment Securities	9,678	43,010	46,076	38,252	33,936	29,624
Trading Asset Securities	43,455	7,644	7,514	5,772	9,586	5,884
Total Investments	53,133	50,654	53,590	44,024	43,522	35,508
Gross Loans	187,695	178,711	164,398	152,099	139,834	128,474
Allowance for Loan Losses	-943	-907	-1,081	-1,410	-1,517	-998.21
Other Adjustments to Gross Loans	-	-103	-105	-95	-95	-87
Net Loans	186,752	177,701	163,212	150,594	138,222	127,389
Property, Plant & Equipment	734	666	557	672	664	724
Goodwill	-	1,078	-	808	757	733
Other Intangible Assets	1,224	150	663	45	148	139
Accrued Interest Receivable	226	153	104	186	185	132
Other Receivables	1,503	66	262	300	678	292
Other Current Assets	195	112	1,919	59	41	40
Long-Term Deferred Tax Assets	6	6	5	90	129	158
Other Long-Term Assets	1,029	959	1,627	815	802	786
Total Assets	245,951	232,717	223,110	198,845	187,912	166,662
Accrued Expenses	952	464	401	785	682	465
Interest Bearing Deposits	149,956	45,735	35,530	28,394	24,697	21,762
Non-Interest Bearing Deposits	-	100,313	101,116	97,957	87,926	73,008
Total Deposits	149,956	146,048	136,646	126,351	112,623	94,770
Short-Term Borrowings	5,584	6,989	8,307	3,909	7,179	3,528
Current Portion of Long-Term Debt	-	3,981	9,647	7,222	7,355	7,833
Current Portion of Leases	-	59	56	59	63	65
Current Income Taxes Payable	798	880	705	583	408	546
Other Current Liabilities	1	1	1,093	1	1	-
Long-Term Debt	57,573	44,090	40,158	35,341	37,002	37,536
Long-Term Leases	467	344	283	417	416	440
Pension & Post-Retirement Benefits	9	9	6	8	10	16
Long-Term Deferred Tax Liabilities	216	236	127	56	81	115
Other Long-Term Liabilities	721	1,021	874	872	783	928
Total Liabilities	216,277	204,122	198,303	175,604	166,603	146,242
Common Stock	2,884	2,884	2,597	2,597	2,597	2,597
Additional Paid-In Capital	2,422	2,409	895	895	895	895
Retained Earnings	18,887	17,077	15,076	13,862	12,769	12,395
Treasury Stock	-	-	-11	-9	-9	-11
Comprehensive Income & Other	4,693	5,559	5,253	4,907	4,219	3,783
Total Common Equity	28,886	27,929	23,810	22,252	20,471	19,659
Minority Interest	788	666	997	989	838	761
Shareholders' Equity	29,674	28,595	24,807	23,241	21,309	20,420
Total Liabilities & Equity	245,951	232,717	223,110	198,845	187,912	166,662
Total Debt	63,624	55,463	58,451	46,948	52,015	49,402
Net Cash (Debt)	-19,020	-46,647	-49,766	-39,924	-39,665	-42,757
Net Cash Per Share	-132.26	-337.76	-384.84	-308.68	-306.63	-330.18
Filing Date Shares Outstanding	144.21	144.2	129.29	129.39	129.39	129.3
Total Common Shares Outstanding	144.21	144.2	129.29	129.39	129.39	129.3
Book Value Per Share	185.78	180.48	170.48	161.99	148.22	152.04
Tangible Book Value	27,662	26,701	23,147	21,399	19,566	18,787
Tangible Book Value Per Share	177.29	171.96	165.35	155.39	141.22	145.29

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