The National Bank 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	353.11	308.85	230.87	225.5	469.74
Investment Securities	102.91	108.22	107.74	97.68	124.08
Trading Asset Securities	-	0.24	0.29	5.47	1.49
Total Investments	102.91	108.46	108.02	103.15	125.57
Gross Loans	869.58	870.9	976.47	990.48	932.99
Allowance for Loan Losses	-	-53.91	-41.72	-43.74	-42.08
Other Adjustments to Gross Loans	-	-8.92	-8.33	-12.02	-10.7
Net Loans	869.58	808.06	926.42	934.72	880.21
Property, Plant & Equipment	25.81	28.78	30.44	27.22	26.92
Other Intangible Assets	2.8	2.72	2.75	3.85	5.08
Accrued Interest Receivable	-	3.27	8.84	11.6	7.19
Other Receivables	114.38	30.66	66.02	112.31	1.05
Restricted Cash	9.96	97.1	103.02	106.4	107.99
Other Current Assets	-	0.73	2.14	1.81	1.48
Long-Term Deferred Tax Assets	6.87	7.21	6.3	4.71	4.16
Other Real Estate Owned & Foreclosed	-	0.18	-	0.13	-
Other Long-Term Assets	8.78	2.92	6.04	0.93	1.37
Total Assets	1,494	1,399	1,491	1,532	1,631
Accounts Payable	-	1.63	3.45	3.6	3.29
Accrued Expenses	-	3.02	2.68	4.88	2.07
Interest Bearing Deposits	1,113	469.46	461.71	532.76	645.12
Non-Interest Bearing Deposits	-	600.63	657.14	668.08	641.65
Total Deposits	1,113	1,070	1,119	1,201	1,287
Short-Term Borrowings	-	2.51	6.71	-	5.01
Current Portion of Long-Term Debt	-	36.54	28.52	19.82	27.05
Current Portion of Leases	-	0.49	0.5	0.46	1.15
Current Income Taxes Payable	0.09	3.15	4.81	4.72	1.28
Accrued Interest Payable	-	3.83	5.81	3.41	3.71
Other Current Liabilities	-	15.89	21.1	20.29	22.32
Long-Term Debt	96.87	20.35	47.71	32.12	58.95
Long-Term Leases	5.05	5.52	5.98	5.45	5.57
Long-Term Unearned Revenue	-	1.11	1.82	2.4	-
Pension & Post-Retirement Benefits	-	7.29	7.13	6.38	6.13
Other Long-Term Liabilities	96.57	54.88	63.26	63.32	59.16
Total Liabilities	1,312	1,226	1,318	1,368	1,485
Common Stock	113.1	113.1	113.1	113.1	104.55
Additional Paid-In Capital	17.77	17.77	17.77	17.77	17.77
Retained Earnings	45.64	40.59	39.56	30.8	20.24
Comprehensive Income & Other	5.82	1.19	2.11	2.95	3.18
Total Common Equity	182.33	172.65	172.54	164.62	145.74
Shareholders' Equity	182.33	172.65	172.54	164.62	145.74
Total Liabilities & Equity	1,494	1,399	1,491	1,532	1,631
Total Debt	101.92	65.41	89.42	57.85	97.73
Net Cash (Debt)	251.19	243.68	141.73	173.12	406.11
Net Cash Growth	3.09%	71.92%	-18.13%	-57.37%	-20.16%
Net Cash Per Share	2.15	2.15	1.25	1.53	3.95
Filing Date Shares Outstanding	113.1	113.1	113.1	113.1	113.05
Total Common Shares Outstanding	113.1	113.1	113.1	113.1	113.05
Book Value Per Share	1.61	1.53	1.53	1.46	1.29
Tangible Book Value	179.54	169.93	169.79	160.77	140.67
Tangible Book Value Per Share	1.59	1.50	1.50	1.42	1.24

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