MBT Bancshares 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	12.23	18.26	37.58	187.67	74.59
Investment Securities	89.96	95.76	121.43	60.77	20.82
Mortgage-Backed Securities	38.25	46.06	54.97	56.04	19.42
Total Investments	128.21	141.82	176.4	116.8	40.24
Gross Loans	450.43	408.92	351.41	291.97	354.35
Allowance for Loan Losses	-4.55	-4.21	-3.83	-3.7	-3.38
Other Adjustments to Gross Loans	-0.16	-0.09	-0	-	-
Net Loans	445.71	404.61	347.57	288.26	350.97
Property, Plant & Equipment	14.76	12.6	12.62	12.29	11.93
Loans Held for Sale	-	-	-	0.43	0.85
Accrued Interest Receivable	2.38	2.24	2.24	1.87	2.16
Long-Term Deferred Tax Assets	2.6	2.73	3.46	0.11	-
Other Long-Term Assets	4.56	7.26	9.65	3.68	4.17
Total Assets	612.28	591.22	590.58	612.16	485.97
Interest Bearing Deposits	340.47	330.94	356.19	342.55	279.88
Institutional Deposits	51.5	20.1	7.08	7.83	7.41
Non-Interest Bearing Deposits	137.18	142.47	172.01	195.29	151.29
Total Deposits	529.15	493.51	535.28	545.67	438.58
Short-Term Borrowings	15	34.5	-	-	-
Current Portion of Leases	0.4	-	-	-	-
Accrued Interest Payable	0.38	0.39	0.09	0.04	0.06
Long-Term Debt	17.85	17.77	17.7	17.62	-
Long-Term Leases	2.24	2.53	2.85	3.18	2.58
Long-Term Deferred Tax Liabilities	-	-	-	-	0.51
Other Long-Term Liabilities	2.83	3.02	1.21	1.2	1.3
Total Liabilities	567.85	551.72	557.12	567.71	443.03
Common Stock	2.04	2.04	2.04	2.04	2.04
Additional Paid-In Capital	9.96	9.96	9.96	9.96	9.96
Retained Earnings	42.24	38.35	35.24	33.78	31.15
Comprehensive Income & Other	-9.82	-10.84	-13.77	-1.33	-0.21
Shareholders' Equity	44.42	39.51	33.46	44.45	42.94
Total Liabilities & Equity	612.28	591.22	590.58	612.16	485.97
Total Debt	35.5	54.8	20.55	20.8	2.58
Net Cash (Debt)	-22.25	-35.28	18.28	168.36	73.75
Net Cash Growth	-	-	-89.14%	128.29%	331.11%
Net Cash Per Share	-10.90	-17.29	8.94	82.50	36.09
Filing Date Shares Outstanding	2.04	2.04	2.04	2.04	2.04
Total Common Shares Outstanding	2.04	2.04	2.04	2.04	2.04
Book Value Per Share	21.74	19.33	16.38	21.75	21.01
Tangible Book Value	44.42	39.51	33.46	44.45	42.94
Tangible Book Value Per Share	21.74	19.33	16.38	21.75	21.01

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