The National Bank (PEX: TNB)

The National Bank Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	236.41	230.87	225.5	469.74	623.74	554.58
Investment Securities	115.5	107.74	97.68	124.08	86.33	91.62
Trading Asset Securities	2.81	0.29	5.47	1.49	2.53	2.69
Total Investments	118.31	108.02	103.15	125.57	88.85	94.31
Gross Loans	905.58	976.47	990.48	932.99	1,819	1,466
Allowance for Loan Losses	-41.88	-41.72	-43.74	-42.08	-55.18	-29.66
Other Adjustments to Gross Loans	-8.42	-8.33	-12.02	-10.7	-12	-8.92
Net Loans	855.27	926.42	934.72	880.21	1,752	1,428
Property, Plant & Equipment	29.3	30.44	27.22	26.92	68.31	64.16
Goodwill	-	-	-	-	19.45	19.45
Other Intangible Assets	3.28	2.75	3.85	5.08	12.89	13.31
Investments in Real Estate	-	-	-	-	8.38	8.64
Accrued Interest Receivable	16.35	8.84	11.6	7.19	48.41	34.84
Other Receivables	0.85	66.02	112.31	1.05	31.92	26.13
Restricted Cash	101.47	103.02	106.4	107.99	174.2	162.18
Other Current Assets	1.37	2.14	1.81	1.48	2.25	2.01
Long-Term Deferred Tax Assets	5.99	6.3	4.71	4.16	10.79	7.96
Other Real Estate Owned & Foreclosed	0.18	-	0.13	-	-	-
Other Long-Term Assets	1.21	6.04	0.93	1.37	4.02	3.04
Total Assets	1,370	1,491	1,532	1,631	2,845	2,418
Accounts Payable	2.73	3.45	3.6	3.29	3.89	2.36
Accrued Expenses	3.49	3.91	4.88	2.07	3.79	4.69
Interest Bearing Deposits	639.91	461.71	532.76	645.12	627.32	543.44
Non-Interest Bearing Deposits	374.27	657.14	668.08	641.65	871.57	668.57
Total Deposits	1,014	1,119	1,201	1,287	1,499	1,212
Short-Term Borrowings	-	6.71	-	5.01	7.89	-
Current Portion of Long-Term Debt	26.54	28.52	19.82	27.05	21.41	24.14
Current Portion of Leases	-	0.5	0.46	1.15	3.81	2.47
Current Income Taxes Payable	4.55	4.81	4.72	1.28	3.33	3.12
Accrued Interest Payable	5.68	5.81	3.41	3.71	3.35	2.98
Other Current Liabilities	6.99	21.1	20.29	22.32	70.25	110.17
Long-Term Debt	51.5	47.71	32.12	58.95	99.51	50.44
Long-Term Leases	5.46	5.98	5.45	5.57	11.99	14
Long-Term Unearned Revenue	-	1.82	2.4	-	-	-
Pension & Post-Retirement Benefits	7.08	7.13	6.38	6.13	15.67	14.96
Other Long-Term Liabilities	64.33	62.03	63.32	59.16	876.95	778.67
Total Liabilities	1,194	1,318	1,368	1,485	2,624	2,226
Common Stock	113.1	113.1	113.1	104.55	91.76	78
Additional Paid-In Capital	17.77	17.77	17.77	17.77	17.77	0.56
Retained Earnings	43.61	39.56	30.8	20.24	11.62	17.44
Comprehensive Income & Other	1.65	2.11	2.95	3.18	-1.67	-0.3
Total Common Equity	176.13	172.54	164.62	145.74	119.49	95.7
Minority Interest	-	-	-	-	101.46	96.71
Shareholders' Equity	176.13	172.54	164.62	145.74	220.95	192.41
Total Liabilities & Equity	1,370	1,491	1,532	1,631	2,845	2,418
Total Debt	83.5	89.42	57.85	97.73	144.61	91.06
Net Cash (Debt)	155.72	141.73	173.12	406.11	508.65	466.2
Net Cash Growth	-5.41%	-18.13%	-57.37%	-20.16%	9.10%	12.34%
Net Cash Per Share	1.38	1.25	1.53	3.95	5.61	5.53
Filing Date Shares Outstanding	113.1	113.1	113.1	113.05	99.23	84.34
Total Common Shares Outstanding	113.1	113.1	113.1	113.05	99.23	84.34
Book Value Per Share	1.56	1.53	1.46	1.29	1.20	1.13
Tangible Book Value	172.85	169.79	160.77	140.67	87.15	62.94
Tangible Book Value Per Share	1.53	1.50	1.42	1.24	0.88	0.75

Source: S&P Capital IQ. Banks template. Financial Sources.