Pacific West Bancorp (PWBK)

Altus Power 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	40.68	12.78	10.69	14	28.22	26.9
Investment Securities	8.4	15.81	18.03	19.73	15.96	8.16
Mortgage-Backed Securities	41.02	35.45	31.25	33.57	22.72	16.39
Total Investments	49.41	51.26	49.28	53.31	38.68	24.55
Gross Loans	260.4	253.15	248.9	204.33	196.74	150.6
Allowance for Loan Losses	-2.95	-3.55	-3.26	-2.59	-2.23	-1.68
Other Adjustments to Gross Loans	-	-0.38	-0.49	-0.66	-1.22	-1.06
Net Loans	257.45	249.21	245.15	201.08	193.3	147.86
Property, Plant & Equipment	4.96	4.62	4.65	4.18	4.45	4.9
Accrued Interest Receivable	-	1.01	1.05	0.86	0.78	0.95
Long-Term Deferred Tax Assets	1.88	3.03	2.9	2.91	1.53	1.66
Other Long-Term Assets	7.18	5.33	5.1	4.51	6.79	4.1
Total Assets	361.55	328.8	320.23	281.87	274.69	211.78
Interest Bearing Deposits	318.69	192.49	159.28	135.16	119.31	82.6
Institutional Deposits	-	9.92	14.9	8.1	6.07	5.28
Non-Interest Bearing Deposits	-	70.29	63.29	96.82	105.88	82.21
Total Deposits	318.69	272.71	237.47	240.09	231.26	170.09
Short-Term Borrowings	-	0.06	28.07	-	-	-
Current Portion of Leases	-	0.47	0.01	-	-	-
Accrued Interest Payable	-	0.17	1.08	0.1	0.01	0.01
Federal Home Loan Bank Debt, Long-Term	5.05	19.28	16.78	5	5	5
Long-Term Leases	-	1.29	1.63	1.82	2.11	2.39
Other Long-Term Liabilities	3.24	0.92	1.14	0.84	1.18	0.51
Total Liabilities	326.98	294.91	286.18	247.84	239.57	178.01
Common Stock	34.57	41.87	41.69	41.43	41.24	41.05
Retained Earnings	-	-5.2	-4.86	-4.19	-6.03	-7.54
Comprehensive Income & Other	-	-2.78	-2.77	-3.21	-0.09	0.26
Shareholders' Equity	34.57	33.89	34.05	34.03	35.12	33.78
Total Liabilities & Equity	361.55	328.8	320.23	281.87	274.69	211.78
Total Debt	5.05	21.11	46.49	6.82	7.11	7.39
Net Cash (Debt)	36.13	-7.83	-35.05	9.67	23.79	22.2
Net Cash Growth	-	-	-	-59.36%	7.18%	-21.23%
Net Cash Per Share	13.54	-2.92	-13.11	3.61	8.92	8.36
Filing Date Shares Outstanding	2.7	2.69	2.68	2.67	2.66	2.66
Total Common Shares Outstanding	2.7	2.69	2.68	2.67	2.66	2.66
Book Value Per Share	12.82	12.61	12.72	12.75	13.19	12.71
Tangible Book Value	34.57	33.89	34.05	34.03	35.12	33.78
Tangible Book Value Per Share	12.82	12.61	12.72	12.75	13.19	12.71

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.