Vallant Financial 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	45.2	58.7	45.1	90.91	70.09
Investment Securities	209.08	285.32	253.45	225.36	488.44
Trading Asset Securities	-	0.03	0.21	0.24	-
Mortgage-Backed Securities	206.3	179.83	189.78	185.8	167.33
Total Investments	415.38	465.18	443.44	411.4	655.77
Gross Loans	1,695	1,560	1,531	1,426	1,190
Allowance for Loan Losses	-21.02	-20.28	-20.27	-17.02	-13.89
Other Adjustments to Gross Loans	-4.01	-3.36	-3.67	-4.15	-4.28
Net Loans	1,670	1,537	1,507	1,405	1,172
Property, Plant & Equipment	48.25	43.24	42.74	42.72	38.14
Goodwill	32.96	32.96	32.96	32.96	32.96
Other Intangible Assets	0.87	1.26	1.64	2.02	2.4
Loans Held for Sale	5.45	5.96	0.32	2.18	2.04
Accrued Interest Receivable	15.63	13.59	12.94	6.55	5.11
Other Real Estate Owned & Foreclosed	1.99	0.42	-	-	1
Other Long-Term Assets	27.14	30.32	28.69	42.13	28.32
Total Assets	2,265	2,190	2,119	2,037	2,009
Interest Bearing Deposits	1,251	1,252	1,163	1,147	1,168
Institutional Deposits	110.78	115.23	91.97	34.36	48.41
Non-Interest Bearing Deposits	625.58	590.23	609.98	674.11	582.84
Total Deposits	1,987	1,958	1,865	1,856	1,799
Short-Term Borrowings	1.31	0.7	1.13	4.97	6.59
Current Portion of Leases	0.91	-	0.73	0.67	-
Accrued Interest Payable	3.15	4.32	4.32	0.54	0.65
Long-Term Debt	24.75	24.7	24.65	24.6	24.55
Federal Home Loan Bank Debt, Long-Term	-	-	55	-	3
Long-Term Leases	4.56	6.15	3.33	3.67	-
Trust Preferred Securities	7.22	7.22	7.22	7.22	7.22
Pension & Post-Retirement Benefits	1.35	1.31	1.22	1.15	1.45
Other Long-Term Liabilities	17.2	7.71	5.45	4.9	4.5
Total Liabilities	2,048	2,010	1,968	1,904	1,847
Common Stock	82.7	82.7	69.23	74.57	69.99
Retained Earnings	164.73	141.66	122.94	109.77	92.73
Comprehensive Income & Other	-30.04	-44.16	-41.32	-50.91	-0.47
Shareholders' Equity	217.39	180.2	150.85	133.42	162.25
Total Liabilities & Equity	2,265	2,190	2,119	2,037	2,009
Total Debt	38.73	38.76	92.06	41.13	41.36
Net Cash (Debt)	36.79	116.46	2.95	68.03	308.15
Net Cash Growth	-68.41%	3853.57%	-95.67%	-77.92%	50.38%
Net Cash Per Share	26.44	84.49	2.15	49.53	238.85
Filing Date Shares Outstanding	1.37	1.38	1.28	1.28	1.25
Total Common Shares Outstanding	1.37	1.38	1.28	1.28	1.25
Book Value Per Share	158.78	131.01	117.54	103.93	129.62
Tangible Book Value	183.56	145.99	116.26	98.45	126.89
Tangible Book Value Per Share	134.08	106.14	90.58	76.68	101.37