Security Bank Corporation (PSE:SECB)

Security Bank Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	40,530	43,134	35,671	69,804	67,026	61,377
Investment Securities	327,821	250,240	166,517	159,531	103,201	84,578
Trading Asset Securities	27,340	14,659	7,073	3,709	3,065	4,495
Total Investments	355,161	264,899	173,590	163,240	106,266	89,073
Gross Loans	684,451	684,872	545,371	512,797	461,476	455,415
Allowance for Loan Losses	-17,089	-16,312	-15,517	-16,478	-18,191	-21,636
Other Adjustments to Gross Loans	-	-2,188	-2,143	-1,875	-1,071	-1,163
Net Loans	667,362	666,372	527,711	494,443	442,215	432,615
Property, Plant & Equipment	8,679	8,035	6,429	5,279	5,185	5,518
Goodwill	841.6	841.6	841.6	841.6	841.6	841.6
Other Intangible Assets	7,379	6,591	4,969	3,735	3,221	2,722
Investments in Real Estate	6,661	6,283	4,791	3,205	1,183	1,093
Accrued Interest Receivable	-	8,381	6,549	5,458	4,422	4,930
Other Receivables	-	2,014	1,865	1,689	1,059	1,181
Restricted Cash	23,700	33,629	41,667	56,403	54,262	28,675
Other Current Assets	2,728	5,812	7,884	6,455	5,955	7,627
Long-Term Deferred Tax Assets	7,295	6,259	5,703	4,851	5,246	7,262
Other Real Estate Owned & Foreclosed	-	989.93	872.15	899.39	206.65	507.41
Other Long-Term Assets	34,010	75,901	52,968	25,988	2,530	9,430
Total Assets	1,154,346	1,129,141	871,509	842,291	699,617	652,851
Accounts Payable	-	5,282	4,047	2,676	2,097	2,661
Accrued Expenses	-	3,970	3,678	4,067	3,358	3,320
Interest Bearing Deposits	889,437	801,079	606,531	605,837	523,589	440,411
Total Deposits	889,437	801,079	606,531	605,837	523,589	440,411
Short-Term Borrowings	11,090	5,557	2,969	1,753	1,285	1,098
Current Portion of Long-Term Debt	-	107,328	79,548	52,474	13,910	31,852
Current Portion of Leases	-	1,615	1,392	1,538	-	105.78
Current Income Taxes Payable	471.73	456.4	802.09	198.34	85.8	61.5
Accrued Interest Payable	5,449	2,387	1,892	1,839	811.94	857.3
Other Current Liabilities	6,788	10,958	10,188	7,718	6,669	8,113
Long-Term Debt	71,340	45,046	20,755	35,558	18,276	34,943
Long-Term Leases	-	-	-	-	1,455	1,557
Long-Term Unearned Revenue	-	285.65	173.15	80.41	-	-
Pension & Post-Retirement Benefits	-	589.08	338.82	46.87	41.34	658.92
Other Long-Term Liabilities	22,041	3,450	3,066	2,658	2,969	3,905
Total Liabilities	1,006,615	988,003	735,379	716,443	574,547	529,545
Preferred Stock, Redeemable	100	100	100	100	100	100
Common Stock	7,535	7,535	7,535	7,535	7,535	7,535
Additional Paid-In Capital	38,524	38,524	38,524	38,524	38,524	38,524
Retained Earnings	108,767	104,056	95,455	88,905	80,752	75,687
Comprehensive Income & Other	-7,196	-9,078	-5,485	-9,216	-1,843	1,459
Total Common Equity	147,631	141,038	136,030	125,748	124,970	123,206
Shareholders' Equity	147,731	141,138	136,130	125,848	125,070	123,306
Total Liabilities & Equity	1,154,346	1,129,141	871,509	842,291	699,617	652,851
Total Debt	82,429	159,547	104,663	91,323	34,926	69,556
Net Cash (Debt)	-14,560	-101,753	-61,919	-17,810	35,165	-3,685
Net Cash Per Share	-19.32	-135.03	-82.17	-23.63	46.67	-4.89
Filing Date Shares Outstanding	753.54	753.54	753.54	753.54	753.54	753.54
Total Common Shares Outstanding	753.54	753.54	753.54	753.54	753.54	753.54
Book Value Per Share	195.92	187.17	180.52	166.88	165.84	163.50
Tangible Book Value	139,410	133,605	130,220	121,171	120,907	119,643
Tangible Book Value Per Share	185.01	177.30	172.81	160.80	160.45	158.77

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.