Commencement Bancorp Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	31.85	64.1	14.29	10.78	58.43
Investment Securities	16.62	18.42	23.22	26.03	22.67
Trading Asset Securities	-	0.18	-	-	-
Mortgage-Backed Securities	67.75	71.63	79.26	86.94	82.57
Total Investments	84.37	90.23	102.48	112.97	105.24
Gross Loans	525.05	467.74	443.37	429.84	346.99
Allowance for Loan Losses	-6.29	-5.59	-5.69	-4.98	-4.74
Other Adjustments to Gross Loans	-0.7	-0.42	-0.29	-0.38	-0.67
Net Loans	518.06	461.73	437.4	424.49	341.58
Property, Plant & Equipment	13.31	6.87	5.02	5.63	6.4
Goodwill	1.21	1.21	1.21	1.21	1.21
Other Intangible Assets	-	-	-	0.01	0.05
Accrued Interest Receivable	2.31	1.78	2.07	1.54	1.08
Long-Term Deferred Tax Assets	3.52	4.5	4.67	-	-
Other Long-Term Assets	26.42	17.36	18.71	22.43	16.82
Total Assets	683.02	649.69	586.19	580.77	531.44
Interest Bearing Deposits	387.44	377.38	347.27	280.11	300.15
Institutional Deposits	43.83	48.22	28.97	49.61	26.24
Non-Interest Bearing Deposits	179.05	166.39	154.95	172.77	145.64
Total Deposits	610.32	591.99	531.19	502.48	472.03
Short-Term Borrowings	-	-	-	26.85	-
Current Portion of Leases	0.78	-	-	-	-
Accrued Interest Payable	0.49	0.5	0.37	0.04	0.02
Long-Term Leases	7.22	2.25	1.28	1.8	2.3
Other Long-Term Liabilities	4.01	3.53	3.24	2.94	3.47
Total Liabilities	622.82	598.27	536.08	534.11	477.82
Common Stock	3.73	3.81	3.97	3.97	4.08
Additional Paid-In Capital	41.15	41.91	43.15	42.83	43.9
Retained Earnings	24.17	17.47	15.24	12.19	6.7
Comprehensive Income & Other	-8.85	-11.76	-12.26	-12.34	-1.06
Shareholders' Equity	60.2	51.42	50.11	46.66	53.62
Total Liabilities & Equity	683.02	649.69	586.19	580.77	531.44
Total Debt	8	2.25	1.28	28.65	2.3
Net Cash (Debt)	25.38	62.03	14.01	-15.13	60.86
Net Cash Growth	-59.09%	342.71%	-	-	-8.95%
Net Cash Per Share	6.64	15.93	3.48	-3.73	14.44
Filing Date Shares Outstanding	3.73	3.81	3.97	3.97	4.08
Total Common Shares Outstanding	3.73	3.81	3.97	3.97	4.08
Book Value Per Share	16.15	13.48	12.61	11.74	13.13
Tangible Book Value	58.99	50.21	48.9	45.43	52.36
Tangible Book Value Per Share	15.83	13.16	12.31	11.43	12.82

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.