Keweenaw 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	33.44	25.23	12.22	89.41	102.73
Investment Securities	213.37	238.19	244.67	268.64	184.95
Mortgage-Backed Securities	38.28	43.69	48.82	68.61	51.8
Total Investments	251.65	281.89	293.49	337.25	236.75
Gross Loans	662.38	668.99	689.24	601.79	580.01
Allowance for Loan Losses	-8.85	-9.58	-9.13	-9.68	-9.05
Net Loans	653.53	659.41	680.11	592.11	570.96
Property, Plant & Equipment	14.32	13.25	10.98	9.13	9.7
Goodwill	19.62	19.62	19.62	19.62	19.62
Loans Held for Sale	2.57	1.91	4.1	9.69	23
Accrued Interest Receivable	3.7	3.85	3.66	3.26	3.53
Other Receivables	-	-	-	0.87	-
Long-Term Deferred Tax Assets	10.77	10.84	12.72	3.19	1.78
Other Real Estate Owned & Foreclosed	0.06	0.15	-	0.03	0.12
Other Long-Term Assets	6.96	6.34	7.89	9.57	10.13
Total Assets	996.61	1,022	1,045	1,074	978.3
Interest Bearing Deposits	530.63	513.73	541.14	597.38	551.43
Institutional Deposits	86.1	114.42	110.17	102.51	101.27
Non-Interest Bearing Deposits	225.67	237.34	228.78	242.84	208.37
Total Deposits	842.4	865.49	880.1	942.73	861.06
Current Portion of Leases	0.55	-	0.5	-	-
Accrued Interest Payable	3.7	3.85	0.59	0.19	0.32
Long-Term Debt	59.3	65.16	87.79	23.46	16.8
Long-Term Leases	0.96	1.89	0.95	-	-
Other Long-Term Liabilities	5.72	6.57	7.12	11.28	10.1
Total Liabilities	912.63	942.95	977.05	977.66	888.28
Common Stock	0.52	0.52	0.52	0.52	0.52
Retained Earnings	115.43	110.72	105.91	97.51	85.96
Comprehensive Income & Other	-31.98	-31.71	-38.68	-1.55	3.55
Shareholders' Equity	83.97	79.52	67.75	96.47	90.03
Total Liabilities & Equity	996.61	1,022	1,045	1,074	978.3
Total Debt	60.81	67.04	89.24	23.46	16.8
Net Cash (Debt)	-24.87	-39.21	-74.42	69.8	93.53
Net Cash Growth	-	-	-	-25.37%	102.43%
Net Cash Per Share	-21.43	-33.79	-64.17	60.21	80.67
Filing Date Shares Outstanding	1.16	1.16	1.16	1.16	1.16
Total Common Shares Outstanding	1.16	1.16	1.16	1.16	1.16
Book Value Per Share	72.55	68.49	58.42	83.21	77.65
Tangible Book Value	64.36	59.91	48.13	76.85	70.41
Tangible Book Value Per Share	55.60	51.60	41.50	66.29	60.73

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