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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32	17.84	23.82	5.6	10.55	26.01
Investment Securities	16.93	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	16.93	26.71	25.94	34.88	53.52	43.66
Gross Loans	605.04	600.15	532.93	460.01	389.48	340.34
Allowance for Loan Losses	-4.65	-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	600.39	592.89	527.07	454.45	384.91	336.03
Property, Plant & Equipment	7.61	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	18.34	9.82	13.1	9.69	9.52	7.68
Total Assets	675.28	663.58	602.62	516.72	469.06	424.43
Interest Bearing Deposits	480.61	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	93.37	86.58	95.38	87.89	113.18	99.9
Total Deposits	573.98	552.23	499.29	430.96	399.99	358.03
Short-Term Borrowings	30	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	4.25	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	6.57	1.89	5.16	2.09	2.59	1.32
Total Liabilities	623.28	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	19.85	19.85	19.77	18.16	18.07	16.83
Retained Earnings	31.31	29.62	24.31	20.11	14.49	11.61
Treasury Stock	-1.42	-1.32	-	-	-	-
Comprehensive Income & Other	-0.84	-0.96	-1.04	-1.11	0.07	0.23
Total Common Equity	52	50.29	46.14	40.1	35.55	31.46
Shareholders' Equity	52	50.29	46.14	40.1	35.55	31.46
Total Liabilities & Equity	675.28	663.58	602.62	516.72	469.06	424.43
Total Debt	42.73	57.77	50.51	42.69	30.23	32.95
Net Cash (Debt)	-10.63	-39.83	-26.59	-36.99	-19.59	-6.34
Net Cash Per Share	-3.49	-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	17.34	16.73	14.91	13.00	11.56	10.26
Tangible Book Value	52	50.29	46.14	40.1	35.55	31.46
Tangible Book Value Per Share	17.34	16.73	14.91	13.00	11.56	10.26

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