PBAM 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	11.15	163.88	178.1	128.64	149.09
Investment Securities	148.22	19.08	24.49	36.91	11.01
Mortgage-Backed Securities	217.84	135.75	86.61	79.66	99.21
Total Investments	366.06	154.83	111.1	116.58	110.23
Gross Loans	2,126	2,086	1,849	1,590	1,227
Allowance for Loan Losses	-29.32	-27.27	-24.48	-19.15	-16.97
Other Adjustments to Gross Loans	-	-0.8	-1.8	-1.82	-2.97
Net Loans	2,097	2,058	1,823	1,569	1,207
Property, Plant & Equipment	9.14	9.15	4.8	5.01	6.05
Loans Held for Sale	2.33	3.01	1.23	7.06	24.66
Accrued Interest Receivable	8.28	7.99	7.5	5.29	3.36
Long-Term Deferred Tax Assets	-	12.81	12.79	12.4	7.36
Other Long-Term Assets	30.63	4.87	5.35	3.79	4.26
Total Assets	2,535	2,424	2,152	1,855	1,517
Interest Bearing Deposits	1,618	1,260	972.09	888.36	618.74
Institutional Deposits	-	321.07	330.53	95.37	44.33
Non-Interest Bearing Deposits	606.11	553.41	572.76	691.39	682.59
Total Deposits	2,224	2,134	1,875	1,675	1,346
Short-Term Borrowings	-	17	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	10
Current Portion of Leases	-	2.01	-	-	-
Accrued Interest Payable	18.24	2.35	2.17	0.39	10.26
Long-Term Debt	17.98	17.97	74.96	17.95	17.95
Federal Home Loan Bank Debt, Long-Term	11	11	-	-	-
Long-Term Leases	-	5.05	3.42	3.99	4.85
Other Long-Term Liabilities	-	10.64	10.76	14.11	-
Total Liabilities	2,271	2,200	1,967	1,712	1,389
Common Stock	76.45	75.38	74	72.22	70.85
Additional Paid-In Capital	4.91	4.39	3.68	3.35	3.34
Retained Earnings	187.47	152.25	116.6	77.81	54.92
Comprehensive Income & Other	-4.87	-8.49	-8.5	-10.06	-0.75
Shareholders' Equity	263.96	223.53	185.78	143.32	128.36
Total Liabilities & Equity	2,535	2,424	2,152	1,855	1,517
Total Debt	28.98	53.03	78.38	21.94	32.79
Net Cash (Debt)	130.39	115.03	103.72	114.63	122.05
Net Cash Growth	13.35%	10.91%	-9.52%	-6.08%	-33.32%
Net Cash Per Share	22.38	19.90	18.18	20.28	21.73
Filing Date Shares Outstanding	5.73	5.77	5.72	5.61	5.63
Total Common Shares Outstanding	5.73	5.77	5.72	5.61	5.63
Book Value Per Share	46.08	38.76	32.48	25.55	22.81
Tangible Book Value	263.96	223.53	185.78	143.32	128.36
Tangible Book Value Per Share	46.08	38.76	32.48	25.55	22.81

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