M&F Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	30.77	36.37	45.69	89.47	41.3	43.98
Investment Securities	187.68	45.06	61.05	42.36	21.91	14.25
Mortgage-Backed Securities	-	138.43	59.14	53.57	53.61	46.95
Total Investments	187.68	183.49	120.19	95.93	75.53	61.21
Gross Loans	283.05	284.03	269.08	246.91	231.91	187.52
Allowance for Loan Losses	-4.33	-3.9	-3.99	-2.86	-2.27	-2.67
Net Loans	278.72	280.13	265.1	244.05	229.64	184.85
Property, Plant & Equipment	5.13	4.78	4.21	4.06	3.25	3.71
Accrued Interest Receivable	2.39	2.15	1.54	1.32	0.87	0.87
Other Receivables	-	-	-	0	0.02	0.27
Long-Term Deferred Tax Assets	2.54	3.31	3.25	3.61	2.13	2.76
Other Real Estate Owned & Foreclosed	0.1	0.1	-	-	-	-
Other Long-Term Assets	14.5	14.36	12.97	12.36	12.16	11.17
Total Assets	522.2	525.01	453.26	451	365.06	309.07
Interest Bearing Deposits	287.26	271.81	196.83	203.65	187.34	168.1
Institutional Deposits	-	23.97	23.39	18.53	23.03	20.29
Non-Interest Bearing Deposits	97.25	94.99	100.72	105.22	106.66	92.36
Total Deposits	384.51	390.76	320.94	327.4	317.02	280.74
Current Portion of Leases	-	0.25	-	0.28	-	-
Long-Term Debt	-	-	-	0.03	0.13	-
Long-Term Leases	1.06	0.9	1.32	1.24	0.99	1.35
Pension & Post-Retirement Benefits	-	1.46	1.59	1.7	2.08	2.23
Other Long-Term Liabilities	5.4	3.56	4.2	2.29	1.95	1.28
Total Liabilities	390.96	396.93	328.06	332.94	322.16	285.6
Preferred Stock, Redeemable	17.3	17.3	17.3	17.3	17.3	-
Preferred Stock, Non-Redeemable	80	80	80	80	-	-
Total Preferred Equity	97.3	97.3	97.3	97.3	17.3	-
Common Stock	8.46	9.19	9	8.87	8.82	8.61
Retained Earnings	32.03	31.16	27.91	23.01	18.91	16.34
Comprehensive Income & Other	-6.55	-9.59	-9.01	-11.12	-2.13	-1.49
Total Common Equity	33.94	30.77	27.9	20.76	25.6	23.46
Shareholders' Equity	131.24	128.07	125.2	118.06	42.9	23.46
Total Liabilities & Equity	522.2	525.01	453.26	451	365.06	309.07
Total Debt	1.06	1.16	1.32	1.56	1.12	1.35
Net Cash (Debt)	32.67	38.18	47.82	91.61	43.38	46.81
Net Cash Growth	-	-20.17%	-47.80%	111.17%	-7.33%	145.47%
Net Cash Per Share	16.37	19.09	23.87	46.16	21.96	22.86
Filing Date Shares Outstanding	1.94	1.98	1.98	1.98	1.98	1.94
Total Common Shares Outstanding	1.94	1.98	1.98	1.98	1.98	1.94
Book Value Per Share	17.48	15.52	14.08	10.48	12.93	12.09
Tangible Book Value	33.94	30.77	27.9	20.76	25.6	23.46
Tangible Book Value Per Share	17.48	15.52	14.08	10.48	12.93	12.09

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