FinWise Bancorp Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	85.77	116.98	100.57	85.75	47.38	34.78
Investment Securities	51.64	4.2	4.8	5.9	3.77	3.46
Mortgage-Backed Securities	-	1.59	14.29	11.42	-	0.45
Total Investments	51.64	5.79	19.09	17.32	3.77	3.91
Gross Loans	502.07	372.22	236.6	207.96	240.83	111.55
Allowance for Loan Losses	-	-12.89	-11.99	-9.86	-6.2	-4.53
Other Adjustments to Gross Loans	-	-0.77	-0.4	-	-2.56	-1.3
Net Loans	502.07	358.56	224.22	198.1	232.07	105.73
Property, Plant & Equipment	20.83	18.92	14.52	3.29	1.26	0.93
Loans Held for Sale	-	47.51	23.59	60.75	20.95	25.11
Accrued Interest Receivable	3.1	3.57	1.82	1.55	1.63	0.94
Other Receivables	3.32	2.4	-	-	-	-
Long-Term Deferred Tax Assets	-	-	1.17	1.82	0.45	0.14
Other Long-Term Assets	15.96	32.25	15.36	11.25	9.79	5.39
Total Assets	683.03	586.22	400.78	380.21	317.52	177.06
Interest Bearing Deposits	345.87	307.35	162.48	137.64	73.31	84.03
Institutional Deposits	-	2	1.7	3.7	3.1	4.7
Non-Interest Bearing Deposits	142.79	95.49	78.82	110.55	88.07	53.29
Total Deposits	488.66	404.83	243	251.89	164.48	142.02
Current Portion of Leases	-	1.1	-	-	-	-
Current Income Taxes Payable	-	1.87	1.08	0.23	0.71	0.17
Accrued Interest Payable	0.65	0.62	0.05	0.05	0.2	0.06
Long-Term Debt	0.11	0.19	0.31	1.05	101.01	-
Long-Term Leases	5.54	5.19	7.02	-	-	-
Long-Term Deferred Tax Liabilities	1.04	0.75	-	-	-	-
Other Long-Term Liabilities	16.67	16.61	8.86	11.55	5.26	1.71
Total Liabilities	512.66	431.17	260.32	264.77	271.64	143.97
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	56.21	51.2	54.61	54.84	16.85	15.27
Retained Earnings	113.8	103.84	85.83	60.59	29.01	17.81
Shareholders' Equity	170.37	155.06	140.46	115.44	45.87	33.1
Total Liabilities & Equity	683.03	586.22	400.78	380.21	317.52	177.06
Total Debt	5.65	6.49	7.33	1.05	101.01	-
Net Cash (Debt)	80.12	110.49	93.23	84.7	-53.62	34.78
Net Cash Growth	-33.24%	18.51%	10.07%	-	-	-
Net Cash Per Share	6.16	8.56	6.98	9.30	-6.65	4.93
Filing Date Shares Outstanding	13.21	12.82	12.82	12.79	8.72	7.04
Total Common Shares Outstanding	13.21	12.49	12.83	12.77	8.66	7.04
Book Value Per Share	12.90	12.41	10.95	9.04	5.30	4.70
Tangible Book Value	170.37	155.06	140.46	115.44	45.87	33.1
Tangible Book Value Per Share	12.90	12.41	10.95	9.04	5.30	4.70

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