University Bancorp 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	27.48	29.53	25.12	85.67	96.92
Investment Securities	41.25	13.25	23.39	14.26	3.86
Trading Asset Securities	6.34	1.74	0.99	1.57	2.98
Mortgage-Backed Securities	-	2.5	0.05	0.06	-
Total Investments	47.59	17.49	24.43	15.89	6.85
Gross Loans	883.31	782.71	734.1	557.51	194.24
Allowance for Loan Losses	-	-5.08	-4.43	-3.56	-3.57
Other Adjustments to Gross Loans	-	-	-	-0.06	-0.21
Net Loans	883.31	777.63	729.67	553.89	190.46
Property, Plant & Equipment	12.31	13.05	12.59	12.05	14.2
Goodwill	0.32	0.32	0.42	0.42	0.42
Other Intangible Assets	0.26	0.32	0.38	0.44	0.51
Loans Held for Sale	99.47	54.66	63.88	64.78	137.89
Accrued Interest Receivable	4.58	3.69	3.18	2.15	0.6
Other Receivables	11.4	7.22	5.86	8.24	5.07
Restricted Cash	-	-	-	-	0.62
Other Current Assets	5.82	7.69	7.22	5.5	3.4
Other Real Estate Owned & Foreclosed	0.51	-	0.59	-	-
Other Long-Term Assets	44.41	62.38	52.25	40.91	42.34
Total Assets	1,144	980.01	931.63	794.24	500.38
Accounts Payable	4.7	1.54	1.21	1.22	2.62
Accrued Expenses	7.66	7.63	5.17	4.03	7.01
Interest Bearing Deposits	450.98	321.56	286.94	258.27	17.08
Institutional Deposits	-	22.58	12.59	1.07	0.63
Non-Interest Bearing Deposits	414.5	371.32	375.46	346.44	344.37
Total Deposits	865.48	715.45	674.99	605.78	362.07
Short-Term Borrowings	4.61	-	5.69	14.57	17.2
Current Portion of Long-Term Debt	-	-	-	-	0.01
Current Portion of Leases	-	0.84	-	-	-
Accrued Interest Payable	2.29	2.1	1.85	0.74	0
Other Current Liabilities	0.21	0.52	-	-	-
Long-Term Debt	104.18	132.06	132.4	64.13	1.52
Long-Term Leases	3.21	2.94	4.17	3.06	4.12
Long-Term Deferred Tax Liabilities	7.75	8.73	8.93	6.91	9.92
Other Long-Term Liabilities	5.91	2.65	2.65	5.61	9.98
Total Liabilities	1,006	874.45	837.05	706.04	414.46
Preferred Stock, Convertible	0	-	-	0	0
Preferred Stock, Other	-	-	-	0.27	0.1
Total Preferred Equity	0	-	-	0.27	0.1
Common Stock	0.05	0.05	0.05	0.05	0.05
Additional Paid-In Capital	32.72	7.98	7.98	10.15	10.15
Retained Earnings	92.45	85.2	76.28	70.99	69.67
Treasury Stock	-0.34	-0.34	-0.34	-2.51	-2.87
Comprehensive Income & Other	0.41	0.7	-0	-0	0
Total Common Equity	125.29	93.59	83.97	78.68	77
Minority Interest	12.91	11.96	10.61	9.24	8.81
Shareholders' Equity	138.2	105.55	94.58	88.19	85.92
Total Liabilities & Equity	1,144	980.01	931.63	794.24	500.38
Total Debt	112	135.84	142.26	81.76	22.86
Net Cash (Debt)	-78.18	-104.57	-116.15	5.49	77.04
Net Cash Growth	-	-	-	-92.88%	-58.34%
Net Cash Per Share	-15.12	-20.23	-23.53	1.11	15.77
Filing Date Shares Outstanding	5.17	5.17	5.17	4.93	4.89
Total Common Shares Outstanding	5.17	5.17	5.17	4.93	4.89
Book Value Per Share	24.24	18.10	16.24	15.96	15.75
Tangible Book Value	124.71	92.95	83.16	77.82	76.07
Tangible Book Value Per Share	24.12	17.98	16.09	15.79	15.56

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