Grand River Commerce Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	46.62	23.51	21.98	46.83	84.32
Investment Securities	6.9	5.3	5.66	5.99	5.87
Mortgage-Backed Securities	9.95	7.13	8.22	9.05	12.23
Total Investments	16.85	12.43	13.88	15.04	18.1
Gross Loans	445.66	479.96	500.54	461.29	382.21
Allowance for Loan Losses	-5	-5.14	-5.41	-5.93	-4.87
Net Loans	440.66	474.82	495.13	455.36	377.34
Property, Plant & Equipment	2.38	3.05	3.81	4.16	4.54
Loans Held for Sale	0.73	0.5	1.26	0.27	1.01
Accrued Interest Receivable	1.53	1.49	1.55	1.27	0.88
Other Current Assets	0.01	0.02	3.35	2.61	-
Long-Term Deferred Tax Assets	3.91	4.18	4.05	2.19	1
Other Long-Term Assets	2.14	2.26	2.23	1.87	1.79
Total Assets	517.47	524.51	549.08	530.25	489.45
Interest Bearing Deposits	324.05	309.58	322.71	292.51	287.43
Institutional Deposits	32.72	35.72	39.56	44.74	32.53
Non-Interest Bearing Deposits	88.03	89.83	96	124.42	107.9
Total Deposits	444.8	435.12	458.28	461.67	427.86
Current Portion of Long-Term Debt	10	18	17	10	-
Current Portion of Leases	0.28	-	-	-	-
Accrued Interest Payable	0.73	0.69	0.95	0.26	0.06
Other Current Liabilities	0.34	0.34	0.98	0.51	-
Long-Term Debt	15.68	15.53	15.37	8.05	8.02
Federal Home Loan Bank Debt, Long-Term	7.5	17.5	17.5	4.5	4.5
Long-Term Leases	1.06	1.7	2.2	2.1	2.2
Other Long-Term Liabilities	0.77	0.63	1.18	0.32	1.38
Total Liabilities	481.15	489.51	513.45	487.41	444.02
Common Stock	0.07	0.07	0.07	0.07	0.07
Additional Paid-In Capital	40.99	40.99	40.99	41.16	39.49
Retained Earnings	-3.37	-4	-3.48	3.82	6
Comprehensive Income & Other	-1.37	-2.06	-1.96	-2.21	-0.12
Shareholders' Equity	36.32	35	35.63	42.84	45.44
Total Liabilities & Equity	517.47	524.51	549.08	530.25	489.45
Total Debt	34.52	52.73	52.07	24.65	14.72
Net Cash (Debt)	12.1	-29.21	-30.09	22.18	69.6
Net Cash Growth	-	-	-	-68.13%	45.57%
Net Cash Per Share	1.72	-4.15	-4.27	3.16	9.80
Filing Date Shares Outstanding	7.04	7.04	7.04	7.03	6.73
Total Common Shares Outstanding	7.04	7.04	7.04	7.03	6.73
Book Value Per Share	5.16	4.97	5.06	6.10	6.75
Tangible Book Value	36.32	35	35.63	42.84	45.44
Tangible Book Value Per Share	5.16	4.97	5.06	6.10	6.75

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