Washington Business Bank (WBZB)

Washington Business Bank Balance Sheet

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5.68	10.04	15.25	2.92	2.49
Investment Securities	5.33	0.06	9.42	8.2	7.15
Mortgage-Backed Securities	0.02	0.03	0.03	0.04	0.07
Total Investments	5.35	0.09	9.45	8.25	7.22
Gross Loans	92.1	83.51	82.32	95.49	79.7
Allowance for Loan Losses	-0.69	-0.67	-0.67	-0.67	-0.64
Other Adjustments to Gross Loans	-0.16	-0.17	-0.26	-0.33	-0.21
Net Loans	91.26	82.67	81.39	94.49	78.85
Property, Plant & Equipment	1.63	1.67	1.71	1.76	1.77
Accrued Interest Receivable	0.29	0.24	0.25	0.29	0.22
Other Real Estate Owned & Foreclosed	-	-	-	0.07	0.07
Other Long-Term Assets	0.14	0.03	0.09	0.22	0.18
Total Assets	104.8	94.99	108.48	108.35	91.1
Interest Bearing Deposits	50.89	49.21	58.61	59.68	57.67
Institutional Deposits	5.24	0.81	3.12	2.84	3.77
Non-Interest Bearing Deposits	23.85	27.4	28.5	20.57	13.93
Total Deposits	79.98	77.42	90.23	83.09	75.37
Current Portion of Long-Term Debt	5.7	-	-	-	-
Accrued Interest Payable	-	-	-	-	0.03
Long-Term Debt	-	-	-	7.44	0.01
Federal Home Loan Bank Debt, Long-Term	3	3	5	6	5
Other Long-Term Liabilities	0.46	0.39	0.41	0.41	0.33
Total Liabilities	89.14	80.81	95.63	96.94	80.74
Common Stock	0.72	0.71	0.69	0.67	0.67
Additional Paid-In Capital	6.9	7	6.86	6.87	7.15
Retained Earnings	8.04	6.47	5.3	3.88	2.53
Comprehensive Income & Other	-	-	-	0	0
Shareholders' Equity	15.66	14.18	12.84	11.41	10.35
Total Liabilities & Equity	104.8	94.99	108.48	108.35	91.1
Total Debt	8.7	3	5	13.44	5.01
Net Cash (Debt)	2.31	7.1	19.67	-2.32	4.63
Net Cash Growth	-67.41%	-63.92%	-	-	15.38%
Net Cash Per Share	3.11	9.56	26.70	-3.19	6.19
Filing Date Shares Outstanding	0.72	0.71	0.69	0.67	0.67
Total Common Shares Outstanding	0.72	0.71	0.69	0.67	0.67
Book Value Per Share	21.72	19.90	18.59	17.10	15.36
Tangible Book Value	15.66	14.18	12.84	11.41	10.35
Tangible Book Value Per Share	21.72	19.90	18.59	17.10	15.36

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