First IC Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	128.6	141.41	182.1	101.32	217.31	145.14
Investment Securities	13.33	15.48	16.03	17.76	16.85	8.21
Mortgage-Backed Securities	19.15	19.24	18.24	21.45	27.96	29.81
Total Investments	32.48	34.72	34.27	39.21	44.81	38.03
Gross Loans	1,045	997.2	919.99	857.95	657.67	566.57
Allowance for Loan Losses	-12.04	-11.94	-11.75	-10.16	-9.58	-8.66
Other Adjustments to Gross Loans	-4.26	-4.17	-3.93	-3.82	-4.46	-2.72
Net Loans	1,028	981.1	904.31	843.97	643.63	555.2
Property, Plant & Equipment	14.45	14.92	15.71	17.37	8.7	9.09
Loans Held for Sale	3.77	2.96	3.76	14.37	17.42	6.04
Accrued Interest Receivable	4.48	4.42	4.31	-	-	-
Other Long-Term Assets	9.16	9.42	8.01	10.48	9.4	11.3
Total Assets	1,226	1,192	1,156	1,028	941.65	765.44
Interest Bearing Deposits	243.68	350.21	358.43	384.19	473.11	390.48
Institutional Deposits	352.56	349.29	351.34	237.06	92.42	76.53
Non-Interest Bearing Deposits	379.67	275.21	243.21	252.64	264.07	207.65
Total Deposits	975.91	974.71	952.98	873.9	829.61	674.66
Current Portion of Leases	-	1.54	-	1.42	-	-
Federal Home Loan Bank Debt, Long-Term	85	50	50	25	-	-
Long-Term Leases	7.65	6.45	8.49	8.02	-	-
Other Long-Term Liabilities	15.4	13.98	14.49	6.4	7.03	4.89
Total Liabilities	1,084	1,047	1,026	914.74	836.64	679.56
Common Stock	45.35	45.34	45.32	45.33	45.25	41.86
Retained Earnings	80.56	84.26	68.63	53.13	38.55	24.16
Treasury Stock	-	-	-	-	-	-1.14
Comprehensive Income & Other	16.39	15.86	15.65	15.05	21.22	20.99
Shareholders' Equity	142.3	145.47	129.6	113.51	105.02	85.88
Total Liabilities & Equity	1,226	1,192	1,156	1,028	941.65	765.44
Total Debt	92.65	57.99	58.49	34.45	-	-
Net Cash (Debt)	35.94	83.43	123.6	66.87	217.31	145.14
Net Cash Growth	-83.46%	-32.51%	84.84%	-69.23%	49.73%	63.80%
Net Cash Per Share	3.96	9.20	-	7.38	22.49	14.75
Filing Date Shares Outstanding	9.07	9.07	-	9.07	9.66	9.84
Total Common Shares Outstanding	9.07	9.07	-	9.07	9.66	9.84
Book Value Per Share	15.69	16.04	-	12.52	10.87	8.73
Tangible Book Value	142.3	145.47	129.6	113.51	105.02	85.88
Tangible Book Value Per Share	15.69	16.04	-	12.52	10.87	8.73

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