Morris State Bancshares 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	91.88	94.86	49.57	60.28	176.25
Investment Securities	213.46	158.81	167.06	168.2	170.38
Mortgage-Backed Securities	-	70.35	84.62	95.07	89.57
Total Investments	213.46	229.16	251.68	263.28	259.95
Gross Loans	1,195	1,116	1,064	1,050	923.59
Allowance for Loan Losses	-15.37	-14.49	-14.29	-13.63	-12.01
Net Loans	1,180	1,101	1,049	1,036	911.58
Property, Plant & Equipment	15.48	13.56	14.31	15.4	16.18
Goodwill	9.36	9.36	9.36	9.36	9.36
Other Intangible Assets	1.01	1.34	1.68	2.02	2.37
Loans Held for Sale	-	0.47	-	1.94	2.64
Accrued Interest Receivable	7.87	7.28	6.42	5.34	4.65
Other Receivables	4.26	7.91	10.81	3.94	-
Other Real Estate Owned & Foreclosed	1.06	0.02	3.61	3.72	5.33
Other Long-Term Assets	23.48	26.03	26.94	22.64	20.59
Total Assets	1,549	1,492	1,425	1,426	1,410
Accrued Expenses	7.64	9.74	9.15	3.91	6.93
Interest Bearing Deposits	971.33	831.45	826.58	835.3	842.17
Institutional Deposits	-	108.45	84.38	41.33	44.52
Non-Interest Bearing Deposits	349.95	324.99	297.37	329.83	337.52
Total Deposits	1,321	1,265	1,208	1,206	1,224
Current Portion of Leases	-	0.35	-	-	-
Accrued Interest Payable	2.87	2.11	1.02	0.15	0.13
Long-Term Debt	4.12	19.02	27.15	48.83	28.75
Long-Term Leases	0.57	0.43	1.13	1.53	1.24
Total Liabilities	1,336	1,297	1,247	1,261	1,261
Common Stock	10.75	10.69	10.65	2.17	2.16
Additional Paid-In Capital	35.09	33.84	33.17	40.93	40.35
Retained Earnings	169.41	153.01	135.11	121.43	104.04
Treasury Stock	-3.82	-3.36	-2.76	-2.2	-1.69
Comprehensive Income & Other	0.92	1.42	1.97	2.61	3.4
Shareholders' Equity	212.36	195.6	178.13	164.94	148.26
Total Liabilities & Equity	1,549	1,492	1,425	1,426	1,410
Total Debt	4.69	19.8	28.28	50.36	29.99
Net Cash (Debt)	87.29	75.17	21.4	10.02	146.61
Net Cash Growth	16.12%	251.29%	113.46%	-93.16%	21.64%
Net Cash Per Share	8.21	7.09	2.02	0.95	13.95
Filing Date Shares Outstanding	10.64	10.59	10.58	10.56	10.54
Total Common Shares Outstanding	10.64	10.59	10.58	10.56	10.54
Book Value Per Share	19.96	18.46	16.84	15.61	14.07
Tangible Book Value	201.99	184.9	167.09	153.55	136.53
Tangible Book Value Per Share	18.99	17.45	15.79	14.54	12.95

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