Commencement Bancorp Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	28.73	31.85	64.1	14.29	10.78	58.43
Investment Securities	15.81	16.62	18.42	23.22	26.03	22.67
Trading Asset Securities	-	-	0.18	-	-	-
Mortgage-Backed Securities	76.34	67.75	71.63	79.26	86.94	82.57
Total Investments	92.15	84.37	90.23	102.48	112.97	105.24
Gross Loans	539.76	525.05	467.74	443.37	429.84	346.99
Allowance for Loan Losses	-6.34	-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	533.42	518.06	461.73	437.4	424.49	341.58
Property, Plant & Equipment	13.51	13.31	6.87	5.02	5.63	6.4
Goodwill	1.21	1.21	1.21	1.21	1.21	1.21
Other Intangible Assets	-	-	-	-	0.01	0.05
Accrued Interest Receivable	2.52	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	25.95	26.42	17.36	18.71	22.43	16.82
Total Assets	697.48	683.02	649.69	586.19	580.77	531.44
Interest Bearing Deposits	433.91	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	189.56	179.05	166.39	154.95	172.77	145.64
Total Deposits	623.47	610.32	591.99	531.19	502.48	472.03
Short-Term Borrowings	-	-	-	-	26.85	-
Current Portion of Leases	-	0.78	-	-	-	-
Accrued Interest Payable	0.44	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	11.98	4.01	3.53	3.24	2.94	3.47
Total Liabilities	635.89	622.82	598.27	536.08	534.11	477.82
Common Stock	3.77	3.73	3.81	3.97	3.97	4.08
Additional Paid-In Capital	41.24	41.15	41.91	43.15	42.83	43.9
Retained Earnings	25.84	24.17	17.47	15.24	12.19	6.7
Comprehensive Income & Other	-9.26	-8.85	-11.76	-12.26	-12.34	-1.06
Shareholders' Equity	61.59	60.2	51.42	50.11	46.66	53.62
Total Liabilities & Equity	697.48	683.02	649.69	586.19	580.77	531.44
Total Debt	-	8	2.25	1.28	28.65	2.3
Net Cash (Debt)	44.54	25.38	62.03	14.01	-15.13	60.86
Net Cash Growth	-28.20%	-59.09%	342.71%	-	-	-8.95%
Net Cash Per Share	11.82	6.64	15.93	3.48	-3.73	14.44
Filing Date Shares Outstanding	3.77	3.73	3.81	3.97	3.97	4.08
Total Common Shares Outstanding	3.77	3.73	3.81	3.97	3.97	4.08
Book Value Per Share	16.35	16.15	13.48	12.61	11.74	13.13
Tangible Book Value	60.38	58.99	50.21	48.9	45.43	52.36
Tangible Book Value Per Share	16.03	15.83	13.16	12.31	11.43	12.82

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