PSB Holdings, Inc. (PSBQ)

Model N Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	57.54	40.5	27.78	29.41	53.54	38.53
Investment Securities	86.01	108.93	110.57	116.61	126.66	118.08
Trading Asset Securities	-	0.05	0.02	0.02	0.22	0.62
Mortgage-Backed Securities	184.32	169.69	142.01	165.44	184.03	111.45
Total Investments	270.33	278.67	252.6	282.06	310.91	230.15
Gross Loans	1,122	1,118	1,122	1,032	965.11	879.55
Allowance for Loan Losses	-12.55	-12.34	-12.3	-12.29	-12.22	-10.84
Other Adjustments to Gross Loans	-	-27.79	-31.36	-57.96	-76.55	-47.76
Net Loans	1,109	1,078	1,078	961.87	876.34	820.96
Property, Plant & Equipment	13.4	13.81	13.1	13.16	12.7	10.92
Goodwill	3.5	2.54	2.54	2.54	2.54	0.11
Other Intangible Assets	0.33	0.2	0.27	0.38	0.53	0
Loans Held for Sale	0.35	0.22	0.23	-	3.06	0.95
Accrued Interest Receivable	5.01	5.04	5.14	4.01	3.26	3.53
Other Real Estate Owned & Foreclosed	-	-	-	0.16	1.1	1.62
Other Long-Term Assets	37.58	37.96	37.6	41.58	32.08	22.9
Total Assets	1,507	1,466	1,424	1,338	1,299	1,132
Accrued Expenses	15.12	14.24	12.53	12.45	13.19	10.74
Interest Bearing Deposits	760.04	787.53	758.07	746.5	780.9	670.05
Institutional Deposits	140.27	100.3	116.91	109.92	39.86	25.11
Non-Interest Bearing Deposits	277.24	259.52	266.83	292.34	284.48	236.98
Total Deposits	1,178	1,147	1,142	1,149	1,105	932.14
Short-Term Borrowings	6.25	6.87	8.06	12.99	6.68	12.24
Current Portion of Long-Term Debt	-	48	35	5	-	-
Current Portion of Leases	-	0.16	-	-	-	-
Long-Term Debt	4.78	4.78	4.77	5.55	2.5	2.5
Federal Home Loan Bank Debt, Long-Term	165.95	114.25	99	38	47	62
Long-Term Leases	-	0.32	0.15	0.19	0.13	0.19
Trust Preferred Securities	13.08	13.02	12.92	12.82	12.72	7.73
Other Long-Term Liabilities	0.62	0.67	0.58	-	-	-
Total Liabilities	1,383	1,350	1,315	1,236	1,187	1,028
Preferred Stock, Redeemable	7.2	7.2	7.2	7.2	-	-
Common Stock	1.83	1.83	1.83	1.83	1.83	1.83
Additional Paid-In Capital	8.66	8.61	8.46	8.3	8.06	7.82
Retained Earnings	144.55	139.84	132.67	126	114.63	103.86
Treasury Stock	-23.2	-21.88	-20.18	-17.17	-13.88	-13.53
Comprehensive Income & Other	-15.76	-19.31	-20.69	-24.22	0.63	4.46
Total Common Equity	116.08	109.09	102.09	94.74	111.26	104.43
Shareholders' Equity	123.28	116.29	109.29	101.94	111.26	104.43
Total Liabilities & Equity	1,507	1,466	1,424	1,338	1,299	1,132
Total Debt	190.06	187.41	159.91	74.55	69.02	84.66
Net Cash (Debt)	-132.52	-146.86	-132.11	-45.12	-15.01	-44.27
Net Cash Per Share	-32.30	-35.56	-31.36	-10.22	-3.37	-9.94
Filing Date Shares Outstanding	4.04	4.09	4.16	4.3	4.44	4.45
Total Common Shares Outstanding	4.04	4.09	4.16	4.3	4.44	4.45
Book Value Per Share	28.72	26.65	24.51	22.05	25.06	23.45
Tangible Book Value	112.25	106.35	99.27	91.82	108.19	104.31
Tangible Book Value Per Share	27.77	25.98	23.84	21.37	24.36	23.43

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