Dogwood State Bank (DSBX)

Dogwood State Bank Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2020	FY 2019	FY 2016
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2020	Dec 31, 2019	Dec 31, 2016
Cash & Equivalents	156.35	86.19	128.67	26.44	13.88	11.92
Investment Securities	200.79	171.76	127.13	22.98	8.35	10.49
Mortgage-Backed Securities	-	-	-	36.42	29.48	4.93
Total Investments	200.79	171.76	127.13	59.4	37.82	15.42
Gross Loans	1,879	1,820	1,095	474.63	256.35	149.67
Allowance for Loan Losses	-20.6	-19.7	-11.94	-3.99	-1.55	-1.92
Net Loans	1,858	1,800	1,083	470.64	254.81	147.76
Property, Plant & Equipment	34.18	37.18	18.71	15.57	13.82	3.93
Goodwill	11.69	11.77	7.02	7.02	7.02	-
Other Intangible Assets	10.22	11.37	0.02	0.67	1.1	-
Loans Held for Sale	7.25	6.73	15.27	10	-	-
Accrued Interest Receivable	-	-	-	6.9	4.51	0.51
Other Real Estate Owned & Foreclosed	-	-	-	-	0.19	-
Other Long-Term Assets	83.77	86.06	51.49	14.91	14.41	5.66
Total Assets	2,363	2,211	1,432	611.53	347.55	185.34
Accrued Expenses	-	-	-	-	-	0.42
Interest Bearing Deposits	1,446	1,335	902.37	261.21	194.5	116.21
Institutional Deposits	-	-	-	13.8	-	10
Non-Interest Bearing Deposits	523.15	474.46	291.91	137.12	45.91	41.03
Total Deposits	1,970	1,809	1,194	412.13	240.41	167.24
Short-Term Borrowings	-	-	-	31	14	-
Current Portion of Leases	-	-	-	0.85	-	-
Accrued Interest Payable	-	-	-	2.95	2.18	-
Long-Term Debt	9.87	9.71	-	66.71	-	-
Federal Home Loan Bank Debt, Long-Term	100.12	130.16	50	4	-	-
Long-Term Leases	11.74	12.26	11.19	6.32	5.4	-
Pension & Post-Retirement Benefits	-	-	-	-	-	1.17
Other Long-Term Liabilities	24.92	19.46	11.72	-	-	-
Total Liabilities	2,116	1,981	1,267	523.96	261.99	168.83
Common Stock	19.02	18.98	14.71	11.04	10.55	8.4
Additional Paid-In Capital	188.87	188.18	132.37	77.6	76.85	3.51
Retained Earnings	43.25	28.28	22.41	-1.79	-1.97	4.57
Comprehensive Income & Other	-4.68	-5.24	-4.99	0.72	0.13	0.03
Total Common Equity	246.46	230.19	164.5	87.58	85.56	16.51
Shareholders' Equity	246.46	230.19	164.5	87.58	85.56	16.51
Total Liabilities & Equity	2,363	2,211	1,432	611.53	347.55	185.34
Total Debt	121.73	152.13	61.19	108.88	19.4	-
Net Cash (Debt)	34.62	-65.94	67.48	-82.44	-5.52	12.51
Net Cash Growth	-	-	-	-	-	476.67%
Net Cash Per Share	1.86	-3.94	4.55	-7.47	-	7.00
Filing Date Shares Outstanding	19.02	18.98	14.71	11.04	-	1.68
Total Common Shares Outstanding	19.02	18.98	14.71	11.04	-	1.68
Book Value Per Share	12.96	12.13	11.18	7.93	-	9.83
Tangible Book Value	224.55	207.04	157.47	79.89	77.45	16.51
Tangible Book Value Per Share	11.81	10.91	10.71	7.24	-	9.83

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