Triad Business Bank 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	Mar '25 Mar 31, 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	20.22	23.95	33.61	30.18	38.74	41.16
Investment Securities	121.51	66.94	73.4	69.13	80.7	26.07
Trading Asset Securities	-	0.09	0.31	0.48	0.05	-
Mortgage-Backed Securities	-	55.83	64.13	68.03	68.86	-
Total Investments	121.51	122.86	137.85	137.64	149.61	26.07
Gross Loans	374.4	373.67	334.14	273.05	179.59	152.38
Allowance for Loan Losses	-3.84	-4.09	-3.73	-3.42	-2.1	-0.91
Other Adjustments to Gross Loans	-	-	-	-	-0.33	-1.13
Net Loans	370.57	369.59	330.41	269.63	177.16	150.35
Property, Plant & Equipment	-	1.32	1.64	1.42	1.75	2.1
Accrued Interest Receivable	-	1.84	1.76	1.45	1.08	0.85
Other Long-Term Assets	8.9	5.61	5.88	4.8	4.64	0.58
Total Assets	521.21	525.16	511.15	445.11	372.98	221.1
Interest Bearing Deposits	356.46	340.81	353.06	213.28	202.14	118.02
Institutional Deposits	-	22.03	8	2.76	2.22	3.3
Non-Interest Bearing Deposits	97.2	92.61	99.39	176.82	100.96	27.41
Total Deposits	453.66	455.45	460.45	392.86	305.32	148.73
Short-Term Borrowings	-	15.09	0.31	0.48	0.05	-
Current Portion of Long-Term Debt	-	-	-	10	-	-
Current Portion of Leases	-	0.34	-	-	-	-
Accrued Interest Payable	-	0.47	0.4	0.09	0.02	0.03
Long-Term Debt	19	-	-	-	8.03	24.95
Federal Home Loan Bank Debt, Long-Term	-	9	9	-	-	-
Long-Term Leases	-	0.81	1.44	1.15	1.4	1.63
Other Long-Term Liabilities	3.38	1.78	1.95	2.09	1.18	0.91
Total Liabilities	476.04	482.94	473.55	406.67	316.01	176.25
Common Stock	73.26	73.17	66.69	65.82	65.11	49.73
Retained Earnings	-15.88	-16.08	-11.78	-7.33	-6.97	-5.4
Comprehensive Income & Other	-12.22	-14.87	-17.31	-20.05	-1.17	0.53
Shareholders' Equity	45.16	42.22	37.6	38.44	56.98	44.86
Total Liabilities & Equity	521.21	525.16	511.15	445.11	372.98	221.1
Total Debt	19	25.24	10.75	11.63	9.48	26.58
Net Cash (Debt)	1.22	-1.2	23.17	19.03	29.31	14.59
Net Cash Growth	-94.73%	-	21.78%	-35.08%	100.96%	-
Net Cash Per Share	0.16	-0.16	3.48	2.88	5.12	2.87
Filing Date Shares Outstanding	7.99	7.99	6.7	6.6	6.6	5.1
Total Common Shares Outstanding	7.99	7.99	6.7	6.6	6.6	5.1
Book Value Per Share	5.65	5.28	5.62	5.82	8.63	8.79
Tangible Book Value	45.16	42.22	37.6	38.44	56.98	44.86
Tangible Book Value Per Share	5.65	5.28	5.62	5.82	8.63	8.79

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.