Harford Bank (HFBK)

Harford Bank 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	4.5	3.83	4.14	2.98	3.82	7.68
Investment Securities	54.28	58.3	67.98	75.78	71.01	29.53
Mortgage-Backed Securities	41.03	42.34	40.78	46.86	37.71	20
Total Investments	95.31	100.64	108.75	122.64	108.72	49.53
Gross Loans	490.13	499.82	508.22	429	369.23	367.57
Allowance for Loan Losses	-5.77	-5.71	-5.71	-4.7	-5.08	-5.12
Other Adjustments to Gross Loans	-0.29	-0.27	-0.26	-0.38	-1.13	-1.27
Net Loans	484.08	493.83	502.25	423.92	363.02	361.18
Property, Plant & Equipment	9.3	9.4	8.4	10.18	10.69	9.37
Other Intangible Assets	0	0	0	0.01	0.01	0.01
Accrued Interest Receivable	1.8	1.64	1.83	1.42	1.36	1.38
Other Receivables	-	0.04	-	0.15	0.01	-
Restricted Cash	115.15	93.73	27.86	25.47	78.62	47.92
Long-Term Deferred Tax Assets	-	1.75	1.61	0.98	0.99	1.04
Other Long-Term Assets	9.93	8.11	8.05	7.41	7.66	7.44
Total Assets	720.57	713.43	665.62	595.47	575.18	485.95
Interest Bearing Deposits	429.38	424.75	365.52	365.82	329.2	268.93
Institutional Deposits	68.29	66.22	42.88	21.15	39.56	43.37
Non-Interest Bearing Deposits	151.31	152.38	145.92	151.55	153.56	125.52
Total Deposits	648.98	643.36	554.31	538.52	522.32	437.82
Short-Term Borrowings	-	-	31	-	-	-
Current Portion of Leases	0.19	0.25	-	0.17	-	-
Current Income Taxes Payable	-	-	0.77	-	-	0.56
Accrued Interest Payable	0.72	0.74	0.71	0.09	0.13	0.2
Federal Home Loan Bank Debt, Long-Term	-	-	17	-	-	-
Long-Term Leases	1.06	1.06	0.2	0.19	0.53	0.52
Pension & Post-Retirement Benefits	1.1	1.1	1.13	-	-	-
Other Long-Term Liabilities	2.21	1.89	1.53	2.45	2.65	1.65
Total Liabilities	654.25	648.4	606.65	541.42	525.63	440.75
Common Stock	14.97	14.93	14.78	14.7	14.51	14.34
Retained Earnings	33.09	31.92	26.32	21.67	17.67	13.8
Comprehensive Income & Other	18.26	18.18	17.86	17.67	17.37	17.06
Shareholders' Equity	66.32	65.03	58.96	54.05	49.55	45.2
Total Liabilities & Equity	720.57	713.43	665.62	595.47	575.18	485.95
Total Debt	1.25	1.31	48.2	0.36	0.53	0.52
Net Cash (Debt)	3.25	2.52	-41.8	5.16	6.12	8.91
Net Cash Growth	-	-	-	-15.69%	-31.27%	-
Net Cash Per Share	2.17	1.69	-28.11	3.51	4.23	6.20
Filing Date Shares Outstanding	1.5	1.49	1.48	1.47	1.45	1.43
Total Common Shares Outstanding	1.5	1.49	1.48	1.47	1.45	1.43
Book Value Per Share	44.29	43.55	39.92	36.76	34.14	31.52
Tangible Book Value	66.32	65.03	58.96	54.04	49.54	45.18
Tangible Book Value Per Share	44.29	43.55	39.91	36.75	34.14	31.51

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.