Keweenaw 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	84.44	33.44	25.23	12.22	89.41
Investment Securities	207.18	213.37	238.19	244.67	268.64
Mortgage-Backed Securities	38.02	38.28	43.69	48.82	68.61
Total Investments	245.2	251.65	281.89	293.49	337.25
Gross Loans	654.58	662.28	668.99	689.24	601.79
Allowance for Loan Losses	-7.8	-8.85	-9.58	-9.13	-9.68
Net Loans	646.77	653.43	659.41	680.11	592.11
Property, Plant & Equipment	13.92	14.32	13.25	10.98	9.13
Goodwill	19.62	19.62	19.62	19.62	19.62
Loans Held for Sale	4.04	2.57	1.91	4.1	9.69
Accrued Interest Receivable	3.32	3.7	3.85	3.66	3.26
Other Receivables	-	-	-	-	0.87
Long-Term Deferred Tax Assets	7.64	10.77	10.84	12.72	3.19
Other Real Estate Owned & Foreclosed	1.09	0.06	0.15	-	0.03
Other Long-Term Assets	9.43	6.96	6.34	7.89	9.57
Total Assets	1,035	996.51	1,022	1,045	1,074
Interest Bearing Deposits	552.12	521.97	513.73	541.14	597.38
Institutional Deposits	78.9	86.1	114.42	110.17	102.51
Non-Interest Bearing Deposits	234.66	234.32	237.34	228.78	242.84
Total Deposits	865.68	842.4	865.49	880.1	942.73
Current Portion of Leases	0.55	-	-	0.5	-
Accrued Interest Payable	1.42	1.67	3.85	0.59	0.19
Long-Term Debt	57.77	59.3	65.16	87.79	23.46
Long-Term Leases	0.52	1.51	1.89	0.95	-
Other Long-Term Liabilities	7.99	7.75	6.57	7.12	11.28
Total Liabilities	933.93	912.63	942.95	977.05	977.66
Common Stock	0.52	0.52	0.52	0.52	0.52
Retained Earnings	122.08	115.34	110.72	105.91	97.51
Comprehensive Income & Other	-21.05	-31.98	-31.71	-38.68	-1.55
Shareholders' Equity	101.55	83.88	79.52	67.75	96.47
Total Liabilities & Equity	1,035	996.51	1,022	1,045	1,074
Total Debt	58.83	60.81	67.04	89.24	23.46
Net Cash (Debt)	27.61	-24.87	-39.21	-74.42	69.8
Net Cash Growth	-	-	-	-	-25.37%
Net Cash Per Share	23.95	-21.43	-33.79	-64.17	60.21
Filing Date Shares Outstanding	1.15	1.16	1.16	1.16	1.16
Total Common Shares Outstanding	1.15	1.16	1.16	1.16	1.16
Book Value Per Share	88.41	72.47	68.49	58.42	83.21
Tangible Book Value	81.93	64.26	59.91	48.13	76.85
Tangible Book Value Per Share	71.33	55.52	51.60	41.50	66.29