FS Bancorp, Inc. (FSBW)

FS Bancorp 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	40.34	65.69	41.44	26.49	91.58	45.78
Investment Securities	137.74	224.31	172.47	200	129.61	84.11
Trading Asset Securities	2.28	6.82	10.14	2.79	4.05	0.56
Mortgage-Backed Securities	110.92	101.25	69.97	89.4	68.19	62.85
Total Investments	250.94	332.38	252.57	292.19	201.84	147.52
Gross Loans	2,495	2,441	2,227	1,759	1,575	1,353
Allowance for Loan Losses	-31.23	-31.53	-27.99	-25.64	-26.17	-13.23
Other Adjustments to Gross Loans	-	-8.4	-7.8	-4.9	-4.02	-3.27
Net Loans	2,464	2,401	2,191	1,729	1,545	1,336
Property, Plant & Equipment	35.39	37.21	31.35	31.15	32.29	33.79
Goodwill	3.59	3.59	2.31	2.31	2.31	2.31
Other Intangible Assets	14.59	17.34	3.37	4.06	4.75	5.46
Loans Held for Sale	49.37	25.67	20.09	125.81	166.45	69.7
Accrued Interest Receivable	14.01	14.01	11.14	7.59	7.03	5.91
Long-Term Deferred Tax Assets	4.22	6.73	6.67	-	-	-
Other Real Estate Owned & Foreclosed	-	-	0.57	-	0.09	0.18
Other Long-Term Assets	84.55	66.47	61.92	63.47	54.48	58.03
Total Assets	2,970	2,973	2,633	2,286	2,113	1,713
Interest Bearing Deposits	1,191	1,343	1,285	1,161	1,108	845.29
Institutional Deposits	578.78	508.91	289.01	173.72	203.39	273.51
Non-Interest Bearing Deposits	657.75	670.83	554.17	580.75	362.85	273.6
Total Deposits	2,427	2,522	2,128	1,916	1,674	1,392
Short-Term Borrowings	11.37	90.76	0.04	0.16	2.92	0.2
Current Portion of Long-Term Debt	-	3.9	-	-	-	-
Current Portion of Leases	0.48	1.48	-	-	-	-
Long-Term Debt	49.58	49.53	49.46	49.39	73.28	9.89
Federal Home Loan Bank Debt, Long-Term	153.8	-	186.53	42.53	102.53	84.86
Long-Term Leases	5.07	5.37	6.47	4.79	5.18	5.21
Long-Term Deferred Tax Liabilities	-	-	-	1.18	0.06	1.97
Other Long-Term Liabilities	33.69	34.83	30.96	25.09	25.2	18.27
Total Liabilities	2,681	2,708	2,401	2,039	1,883	1,513
Common Stock	0.08	0.08	0.08	0.08	0.09	0.04
Additional Paid-In Capital	55.26	57.36	55.19	67.96	81.28	89.27
Retained Earnings	251.84	230.35	202.07	179.22	146.41	110.72
Comprehensive Income & Other	-18.28	-23.31	-25.63	0.25	2.24	0.22
Shareholders' Equity	288.9	264.49	231.7	247.51	230.01	200.24
Total Liabilities & Equity	2,970	2,973	2,633	2,286	2,113	1,713
Total Debt	220.29	151.03	242.5	96.87	183.91	100.17
Net Cash (Debt)	-165.67	-54.35	-186.21	-57.05	-76.01	-32.93
Net Cash Per Share	-21.08	-6.99	-23.65	-6.78	-8.81	-3.64
Filing Date Shares Outstanding	7.71	7.7	7.62	7.97	8.3	8.74
Total Common Shares Outstanding	7.71	7.7	7.62	8.05	8.31	8.73
Book Value Per Share	37.45	34.36	30.42	30.75	27.67	22.93
Tangible Book Value	270.72	243.55	226.02	241.14	222.94	192.47
Tangible Book Value Per Share	35.10	31.64	29.67	29.96	26.82	22.04

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