IBW Financial 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	46.1	65.77	52.88	74.19	67.46
Investment Securities	89.6	88.83	96.14	95.89	65.61
Mortgage-Backed Securities	215.22	179	180.27	189.67	159.02
Total Investments	304.82	267.83	276.41	285.56	224.63
Gross Loans	413.31	408.78	375.75	343.93	304.41
Allowance for Loan Losses	-12.62	-9.84	-8.67	-6.59	-5.88
Other Adjustments to Gross Loans	-1.38	-1.3	-1.46	-1.36	-1.04
Net Loans	399.31	397.64	365.63	335.98	297.49
Property, Plant & Equipment	21.79	21.98	23.3	20.87	18.71
Loans Held for Sale	0.38	-	-	-	0.64
Accrued Interest Receivable	3.03	3.03	3.24	2.31	-
Long-Term Deferred Tax Assets	7.52	10	-	-	-
Other Real Estate Owned & Foreclosed	0.16	0.38	0.43	-	-
Other Long-Term Assets	16.3	14.81	25.53	23.11	16.53
Total Assets	799.42	781.45	747.41	742.03	625.44
Accounts Payable	4.42	5.16	4.23	1.89	3.39
Interest Bearing Deposits	436.01	462.98	388.27	393.5	362.12
Institutional Deposits	30.71	27.02	27.22	17.53	16.44
Non-Interest Bearing Deposits	136.72	151.46	167.81	198.54	168.51
Total Deposits	603.44	641.45	583.29	609.57	547.06
Short-Term Borrowings	55.29	3.03	28.4	4.26	7.18
Current Portion of Leases	0.5	-	-	-	-
Long-Term Leases	1.26	2.24	2.95	3.62	4.25
Total Liabilities	664.91	651.89	618.87	619.34	561.89
Preferred Stock, Redeemable	-	-	-	-	0.5
Preferred Stock, Non-Redeemable	94.48	94.48	94.48	94.48	12.54
Total Preferred Equity	94.48	94.48	94.48	94.48	13.04
Common Stock	0.65	0.65	0.65	0.65	0.65
Additional Paid-In Capital	6.48	6.48	6.48	6.48	6.97
Retained Earnings	46.04	47.45	46.68	44.54	43.39
Treasury Stock	-1.05	-1.04	-0.73	-0.7	-
Comprehensive Income & Other	-12.08	-18.45	-19.01	-22.76	-0.49
Total Common Equity	40.03	35.08	34.06	28.21	50.52
Shareholders' Equity	134.51	129.56	128.54	122.69	63.56
Total Liabilities & Equity	799.42	781.45	747.41	742.03	625.44
Total Debt	57.05	5.27	31.35	7.88	11.44
Net Cash (Debt)	-7.98	63.41	24.14	68.91	58.6
Net Cash Growth	-	162.63%	-64.96%	17.59%	-33.14%
Net Cash Per Share	-12.35	98.19	37.39	106.70	94.74
Filing Date Shares Outstanding	0.65	0.65	0.65	0.65	0.65
Total Common Shares Outstanding	0.65	0.65	0.65	0.65	0.65
Book Value Per Share	61.99	54.33	52.75	43.68	78.22
Tangible Book Value	40.03	35.08	34.06	28.21	50.52
Tangible Book Value Per Share	61.99	54.33	52.75	43.68	78.22

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