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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	233.69	230.87	225.5	469.74	623.74	554.58
Investment Securities	108.88	107.74	97.68	124.08	86.33	91.62
Trading Asset Securities	0.99	0.29	5.47	1.49	2.53	2.69
Total Investments	109.87	108.02	103.15	125.57	88.85	94.31
Gross Loans	888.81	976.47	990.48	932.99	1,819	1,466
Allowance for Loan Losses	-44.25	-41.72	-43.74	-42.08	-55.18	-29.66
Other Adjustments to Gross Loans	-8.7	-8.33	-12.02	-10.7	-12	-8.92
Net Loans	835.85	926.42	934.72	880.21	1,752	1,428
Property, Plant & Equipment	29.99	30.44	27.22	26.92	68.31	64.16
Goodwill	-	-	-	-	19.45	19.45
Other Intangible Assets	2.77	2.75	3.85	5.08	12.89	13.31
Investments in Real Estate	-	-	-	-	8.38	8.64
Accrued Interest Receivable	7.37	8.84	11.6	7.19	48.41	34.84
Other Receivables	26.5	66.02	112.31	1.05	31.92	26.13
Restricted Cash	97.98	103.02	106.4	107.99	174.2	162.18
Other Current Assets	1.02	2.14	1.81	1.48	2.25	2.01
Long-Term Deferred Tax Assets	6.09	6.3	4.71	4.16	10.79	7.96
Other Real Estate Owned & Foreclosed	0.18	-	0.13	-	-	-
Other Long-Term Assets	1.95	6.04	0.93	1.37	4.02	3.04
Total Assets	1,353	1,491	1,532	1,631	2,845	2,418
Accounts Payable	2.48	3.45	3.6	3.29	3.89	2.36
Accrued Expenses	3.47	3.91	4.88	2.07	3.79	4.69
Interest Bearing Deposits	433.86	461.71	532.76	645.12	627.32	543.44
Non-Interest Bearing Deposits	569.84	657.14	668.08	641.65	871.57	668.57
Total Deposits	1,004	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	-	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	5.3	4.81	4.72	1.28	3.33	3.12
Accrued Interest Payable	4.64	5.81	3.41	3.71	3.35	2.98
Other Current Liabilities	3.97	21.1	20.29	22.32	70.25	110.17
Long-Term Debt	74.98	47.71	32.12	58.95	99.51	50.44
Long-Term Leases	6.11	5.98	5.45	5.57	11.99	14
Long-Term Unearned Revenue	1.23	1.82	2.4	-	-	-
Pension & Post-Retirement Benefits	7.14	7.13	6.38	6.13	15.67	14.96
Other Long-Term Liabilities	62.61	62.03	63.32	59.16	876.95	778.67
Total Liabilities	1,176	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	45.16	39.56	30.8	20.24	11.62	17.44
Comprehensive Income & Other	1.59	2.11	2.95	3.18	-1.67	-0.3
Total Common Equity	177.63	172.54	164.62	145.74	119.49	95.7
Minority Interest	-	-	-	-	101.46	96.71
Shareholders' Equity	177.63	172.54	164.62	145.74	220.95	192.41
Total Liabilities & Equity	1,353	1,491	1,532	1,631	2,845	2,418
Total Debt	81.09	89.42	57.85	97.73	144.61	91.06
Net Cash (Debt)	153.58	141.73	173.12	406.11	508.65	466.2
Net Cash Growth	-12.79%	-18.13%	-57.37%	-20.16%	9.10%	12.34%
Net Cash Per Share	1.36	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	1.57	1.53	1.46	1.29	1.20	1.13
Tangible Book Value	174.86	169.79	160.77	140.67	87.15	62.94
Tangible Book Value Per Share	1.55	1.50	1.42	1.24	0.88	0.75

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