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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	34.92	17.84	23.82	5.6	10.55	26.01
Investment Securities	16.57	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	16.57	26.71	25.94	34.88	53.52	43.66
Gross Loans	624.8	600.15	532.93	460.01	389.48	340.34
Allowance for Loan Losses	-4.73	-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	620.07	592.89	527.07	454.45	384.91	336.03
Property, Plant & Equipment	7.56	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	18.14	9.82	13.1	9.69	9.52	7.68
Total Assets	697.26	663.58	602.62	516.72	469.06	424.43
Interest Bearing Deposits	500.33	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	99.41	86.58	95.38	87.89	113.18	99.9
Total Deposits	599.74	552.23	499.29	430.96	399.99	358.03
Short-Term Borrowings	20	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	8.48	8.47	5.98	5.97	5.95	7.94
Federal Home Loan Bank Debt, Long-Term	8.21	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	6.83	1.89	5.16	2.09	2.59	1.32
Total Liabilities	643.27	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	33.21	29.62	24.31	20.11	14.49	11.61
Treasury Stock	-1.41	-1.32	-	-	-	-
Comprehensive Income & Other	-0.77	-0.96	-1.04	-1.11	0.07	0.23
Total Common Equity	53.99	50.29	46.14	40.1	35.55	31.46
Shareholders' Equity	53.99	50.29	46.14	40.1	35.55	31.46
Total Liabilities & Equity	697.26	663.58	602.62	516.72	469.06	424.43
Total Debt	36.69	57.77	50.51	42.69	30.23	32.95
Net Cash (Debt)	-1.67	-39.83	-26.59	-36.99	-19.59	-6.34
Net Cash Per Share	-0.55	-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	18.00	16.73	14.91	13.00	11.56	10.26
Tangible Book Value	53.99	50.29	46.14	40.1	35.55	31.46
Tangible Book Value Per Share	18.00	16.73	14.91	13.00	11.56	10.26

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