Security Bank Corporation (PSE: SECB)

Security Bank Balance Sheet

Financials in millions PHP. 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	63,836	35,571	69,804	67,026	61,377	20,437
Investment Securities	232,085	166,517	159,531	103,201	84,578	176,853
Trading Asset Securities	7,893	7,073	3,709	3,065	4,495	4,866
Total Investments	239,978	173,590	163,240	106,266	89,073	181,719
Gross Loans	639,429	545,371	512,797	461,476	455,415	446,823
Allowance for Loan Losses	-16,678	-15,517	-16,478	-18,191	-21,636	-5,930
Other Adjustments to Gross Loans	-	-2,143	-1,875	-1,071	-1,163	-725.59
Net Loans	622,751	527,711	494,443	442,215	432,615	440,167
Property, Plant & Equipment	6,864	6,429	5,279	5,185	5,518	5,907
Goodwill	841.6	841.6	841.6	841.6	841.6	841.6
Other Intangible Assets	6,334	4,969	3,735	3,221	2,722	2,642
Investments in Real Estate	5,393	4,791	3,205	1,183	1,093	1,061
Accrued Interest Receivable	-	6,549	5,458	4,422	4,930	6,884
Other Receivables	-	1,865	1,689	1,059	1,181	1,090
Restricted Cash	24,500	41,767	56,403	54,262	28,675	62,635
Other Current Assets	2,740	7,884	6,455	5,955	7,627	8,574
Long-Term Deferred Tax Assets	6,743	5,703	4,851	5,246	7,262	2,284
Other Real Estate Owned & Foreclosed	-	872.15	899.39	206.65	507.41	226.39
Other Long-Term Assets	47,787	52,968	25,988	2,530	9,430	58,538
Total Assets	1,027,767	871,509	842,291	699,617	652,851	793,007
Accounts Payable	-	4,047	2,676	2,097	2,661	2,786
Accrued Expenses	-	3,678	4,067	3,358	3,320	2,435
Interest Bearing Deposits	719,911	606,531	605,837	523,589	440,411	499,606
Total Deposits	719,911	606,531	605,837	523,589	440,411	499,606
Short-Term Borrowings	11,339	2,969	1,753	1,285	1,098	6,044
Current Portion of Long-Term Debt	18,471	79,548	52,474	13,910	31,852	88,388
Current Portion of Leases	-	1,392	1,538	-	105.78	-
Current Income Taxes Payable	1,081	802.09	198.34	85.8	61.5	358.42
Accrued Interest Payable	6,293	1,892	1,839	811.94	857.3	2,816
Other Current Liabilities	8,263	10,188	7,718	6,669	8,113	12,322
Long-Term Debt	102,162	20,755	35,558	18,276	34,943	53,364
Long-Term Leases	-	-	-	1,455	1,557	2,007
Long-Term Unearned Revenue	-	173.15	80.41	-	-	-
Pension & Post-Retirement Benefits	-	338.82	46.87	41.34	658.92	455.69
Other Long-Term Liabilities	16,982	3,066	2,658	2,969	3,905	4,137
Total Liabilities	884,502	735,379	716,443	574,547	529,545	674,720
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	102,776	95,455	88,905	80,752	75,687	71,165
Comprehensive Income & Other	-5,670	-5,485	-9,216	-1,843	1,459	954.48
Total Common Equity	143,165	136,030	125,748	124,970	123,206	118,179
Minority Interest	-	-	-	-	-	6.96
Shareholders' Equity	143,265	136,130	125,848	125,070	123,306	118,286
Total Liabilities & Equity	1,027,767	871,509	842,291	699,617	652,851	793,007
Total Debt	131,971	104,663	91,323	34,926	69,556	149,803
Net Cash (Debt)	-60,243	-62,019	-17,810	35,165	-3,685	-124,500
Net Cash Per Share	-79.95	-82.30	-23.63	46.67	-4.89	-165.22
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	189.99	180.52	166.88	165.84	163.50	156.83
Tangible Book Value	135,990	130,220	121,171	120,907	119,643	114,696
Tangible Book Value Per Share	180.47	172.81	160.80	160.45	158.77	152.21

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