First Resource Bancorp, Inc. (FRSB)

First Resource Bancorp Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	29.59	17.84	23.82	5.6	10.55	26.01
Investment Securities	19.17	16.46	14.47	21.48	36.77	32.31
Mortgage-Backed Securities	-	10.25	11.47	13.4	16.75	11.35
Total Investments	19.17	26.71	25.94	34.88	53.52	43.66
Gross Loans	655.34	600.15	532.93	460.01	389.48	340.34
Allowance for Loan Losses	-4.71	-5.57	-4.31	-4.24	-3.32	-2.91
Other Adjustments to Gross Loans	-	-1.69	-1.55	-1.32	-1.25	-1.4
Net Loans	650.63	592.89	527.07	454.45	384.91	336.03
Property, Plant & Equipment	7.47	10.61	7.64	7.97	8.08	8.38
Accrued Interest Receivable	-	2.03	1.77	1.23	0.89	1.17
Long-Term Deferred Tax Assets	-	1.2	0.96	0.99	0.41	0.34
Other Long-Term Assets	18.03	9.82	13.1	9.69	9.52	7.68
Total Assets	724.89	663.58	602.62	516.72	469.06	424.43
Interest Bearing Deposits	531.09	393.78	347.66	315.43	276.85	243.2
Institutional Deposits	-	71.87	56.24	27.65	9.96	14.93
Non-Interest Bearing Deposits	99.69	86.58	95.38	87.89	113.18	99.9
Total Deposits	630.78	552.23	499.29	430.96	399.99	358.03
Short-Term Borrowings	8	40	35	27.2	9	-
Current Portion of Long-Term Debt	-	2	3.28	-	5.75	3.05
Current Portion of Leases	-	0.4	-	-	-	0.2
Accrued Interest Payable	-	0.66	0.81	0.24	0.14	0.25
Long-Term Debt	8.49	8.47	5.98	5.97	5.95	7.94
Federal Home Loan Bank Debt, Long-Term	13.89	4.25	6.25	9.53	9.53	21.16
Long-Term Leases	-	2.65	-	-	-	0.61
Pension & Post-Retirement Benefits	-	0.73	0.71	0.64	0.56	0.43
Other Long-Term Liabilities	7.32	1.89	5.16	2.09	2.59	1.32
Total Liabilities	668.47	613.29	556.48	476.63	433.51	392.98
Common Stock	3.1	3.1	3.09	2.94	2.93	2.78
Additional Paid-In Capital	19.86	19.85	19.77	18.16	18.07	16.83
Retained Earnings	35.47	29.62	24.31	20.11	14.49	11.61
Treasury Stock	-1.38	-1.32	-	-	-	-
Comprehensive Income & Other	-0.64	-0.96	-1.04	-1.11	0.07	0.23
Total Common Equity	56.42	50.29	46.14	40.1	35.55	31.46
Shareholders' Equity	56.42	50.29	46.14	40.1	35.55	31.46
Total Liabilities & Equity	724.89	663.58	602.62	516.72	469.06	424.43
Total Debt	30.37	57.77	50.51	42.69	30.23	32.95
Net Cash (Debt)	-0.68	-39.83	-26.59	-36.99	-19.59	-6.34
Net Cash Per Share	-0.23	-12.98	-8.61	-12.02	-6.39	-2.07
Filing Date Shares Outstanding	3	3.01	3.09	3.08	3.07	3.06
Total Common Shares Outstanding	3	3.01	3.09	3.08	3.07	3.06
Book Value Per Share	18.79	16.73	14.91	13.00	11.56	10.26
Tangible Book Value	56.42	50.29	46.14	40.1	35.55	31.46
Tangible Book Value Per Share	18.79	16.73	14.91	13.00	11.56	10.26

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