University Bancorp, Inc. (UNIB)

University Bancorp Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	29.53	25.12	85.67	96.92	199.85
Investment Securities	13.25	23.39	14.26	3.86	0.15
Trading Asset Securities	1.74	0.99	1.57	2.98	8.08
Mortgage-Backed Securities	2.5	0.05	0.06	-	-
Total Investments	17.49	24.43	15.89	6.85	8.22
Gross Loans	782.71	734.1	557.51	194.24	119.31
Allowance for Loan Losses	-5.08	-4.43	-3.56	-3.57	-3.98
Other Adjustments to Gross Loans	-	-	-0.06	-0.21	-0.51
Net Loans	777.63	729.67	553.89	190.46	114.82
Property, Plant & Equipment	13.05	12.59	12.05	14.2	13.49
Goodwill	0.32	0.42	0.42	0.42	0.42
Other Intangible Assets	0.32	0.38	0.44	0.51	0.57
Loans Held for Sale	54.66	63.88	64.78	137.89	187.18
Accrued Interest Receivable	3.69	3.18	2.15	0.6	0.4
Other Receivables	7.22	5.86	8.24	5.07	7.38
Restricted Cash	-	-	-	0.62	0.51
Other Current Assets	7.69	7.22	5.5	3.4	2.08
Other Real Estate Owned & Foreclosed	-	0.59	-	-	-
Other Long-Term Assets	62.38	52.25	40.91	42.34	21.64
Total Assets	980.01	931.63	794.24	500.38	557.68
Accounts Payable	1.54	1.21	1.22	2.62	1.74
Accrued Expenses	7.63	5.17	4.03	7.01	9.4
Interest Bearing Deposits	321.56	286.94	258.27	17.08	15.29
Institutional Deposits	22.58	12.59	1.07	0.63	0.35
Non-Interest Bearing Deposits	371.32	375.46	346.44	344.37	419.81
Total Deposits	715.45	674.99	605.78	362.07	435.45
Short-Term Borrowings	-	5.69	14.57	17.2	16.95
Current Portion of Long-Term Debt	-	-	-	0.01	-
Current Portion of Leases	0.84	-	-	-	-
Accrued Interest Payable	2.1	1.85	0.74	0	0
Other Current Liabilities	0.52	-	-	-	0.72
Long-Term Debt	132.06	132.4	64.13	1.52	1.57
Long-Term Leases	2.94	4.17	3.06	4.12	4.48
Long-Term Deferred Tax Liabilities	8.73	8.93	6.91	9.92	7.04
Other Long-Term Liabilities	2.65	2.65	5.61	9.98	17.42
Total Liabilities	874.45	837.05	706.04	414.46	494.76
Preferred Stock, Convertible	-	-	0	0	0
Preferred Stock, Other	-	-	0.27	0.1	0.23
Total Preferred Equity	-	-	0.27	0.1	0.23
Common Stock	0.05	0.05	0.05	0.05	0.05
Additional Paid-In Capital	7.98	7.98	10.15	10.15	12.43
Retained Earnings	85.2	76.28	70.99	69.67	48.11
Treasury Stock	-0.34	-0.34	-2.51	-2.87	-3.99
Comprehensive Income & Other	0.7	-0	-0	0	0
Total Common Equity	93.59	83.97	78.68	77	56.59
Minority Interest	11.96	10.61	9.24	8.81	6.09
Shareholders' Equity	105.55	94.58	88.19	85.92	62.91
Total Liabilities & Equity	980.01	931.63	794.24	500.38	557.68
Total Debt	135.84	142.26	81.76	22.86	23
Net Cash (Debt)	-104.57	-116.15	5.49	77.04	184.93
Net Cash Growth	-	-	-92.88%	-58.34%	106.69%
Net Cash Per Share	-20.23	-23.53	1.11	15.77	35.47
Filing Date Shares Outstanding	5.17	5.17	4.93	4.89	4.77
Total Common Shares Outstanding	5.17	5.17	4.93	4.89	4.77
Book Value Per Share	18.10	16.24	15.96	15.75	11.88
Tangible Book Value	92.95	83.16	77.82	76.07	55.6
Tangible Book Value Per Share	17.98	16.09	15.79	15.56	11.67

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