IBW Financial Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	65.77	52.88	74.19	67.46	89.71
Investment Securities	88.83	96.14	95.89	65.61	33.88
Mortgage-Backed Securities	179	180.27	189.67	159.02	58.5
Total Investments	267.83	276.41	285.56	224.63	92.38
Gross Loans	408.78	375.75	343.93	304.41	353.85
Allowance for Loan Losses	-9.84	-8.67	-6.59	-5.88	-5.18
Other Adjustments to Gross Loans	-1.3	-1.46	-1.36	-1.04	-1.44
Net Loans	397.64	365.63	335.98	297.49	347.23
Property, Plant & Equipment	21.98	23.3	20.87	18.71	12.72
Loans Held for Sale	-	-	-	0.64	2.43
Accrued Interest Receivable	3.03	3.24	2.31	-	-
Other Real Estate Owned & Foreclosed	0.38	0.43	-	-	-
Other Long-Term Assets	24.81	25.53	23.11	16.53	15.14
Total Assets	781.45	747.41	742.03	625.44	559.63
Accounts Payable	5.16	4.23	1.89	3.39	4.87
Interest Bearing Deposits	462.98	388.27	393.5	362.12	332.18
Institutional Deposits	27.02	27.22	17.53	16.44	13.05
Non-Interest Bearing Deposits	151.46	167.81	198.54	168.51	156.81
Total Deposits	641.45	583.29	609.57	547.06	502.03
Short-Term Borrowings	3.03	28.4	4.26	7.18	4.63
Current Portion of Leases	0.52	-	-	-	-
Accrued Interest Payable	-	-	-	-	0.14
Long-Term Leases	1.72	2.95	3.62	4.25	-
Total Liabilities	651.89	618.87	619.34	561.89	511.67
Preferred Stock, Redeemable	-	-	-	0.5	-
Preferred Stock, Non-Redeemable	94.48	94.48	94.48	12.54	0.5
Total Preferred Equity	94.48	94.48	94.48	13.04	0.5
Common Stock	0.65	0.65	0.65	0.65	0.6
Additional Paid-In Capital	6.48	6.48	6.48	6.97	3.17
Retained Earnings	47.45	46.68	44.54	43.39	40.99
Treasury Stock	-1.04	-0.73	-0.7	-	-
Comprehensive Income & Other	-18.45	-19.01	-22.76	-0.49	2.7
Total Common Equity	35.08	34.06	28.21	50.52	47.46
Shareholders' Equity	129.56	128.54	122.69	63.56	47.96
Total Liabilities & Equity	781.45	747.41	742.03	625.44	559.63
Total Debt	5.27	31.35	7.88	11.44	4.63
Net Cash (Debt)	63.41	24.14	68.91	58.6	87.65
Net Cash Growth	162.63%	-64.96%	17.59%	-33.14%	29.12%
Net Cash Per Share	98.19	37.39	106.70	94.74	146.80
Filing Date Shares Outstanding	0.65	0.65	0.65	0.65	0.6
Total Common Shares Outstanding	0.65	0.65	0.65	0.65	0.6
Book Value Per Share	54.33	52.75	43.68	78.22	79.48
Tangible Book Value	35.08	34.06	28.21	50.52	47.46
Tangible Book Value Per Share	54.33	52.75	43.68	78.22	79.48

Updated Sep 1, 2018. Source: S&P Global Market Intelligence. Banks template. Financial Sources.