AVBC: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, AVBC has $2,787,010K in assets. $2,414,973K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and due from banks	15,484	24,667
Short-term investments	96,384	283,919
Total cash and cash equivalents	111,868	308,586
Securities available for sale, at fair value (amortized cost 287,424 in 2025 and 293,649 in 2024)	269,308	266,249
Securities held to maturity, at amortized cost (fair value 15,197 in 2025 and 16,630 in 2024)	15,747	16,747
Total securities	285,055	282,996
Federal home loan bank stock, at cost	11,731	12,083
Loans held for sale	1,745	-
Total loans	2,274,747	2,248,021
Allowance for credit losses	24,284	23,425
Net loans	2,250,463	2,224,596
Premises and equipment, net	29,270	29,098
Bank-owned life insurance	36,375	36,093
Accrued interest receivable	8,141	8,922
Net deferred tax asset	10,832	11,323
Goodwill	11,936	11,936
Mortgage servicing rights	3,149	3,253
Other assets	26,445	29,022
Total assets	2,787,010	2,957,908

Deposits	2,075,868	2,439,608
Federal home loan bank advances	260,000	260,000
Subordinated debt	27,778	27,738
Mortgagors' escrow accounts	3,710	3,498
Accrued expenses and other liabilities	47,617	35,638
Total liabilities	2,414,973	2,766,482
Common stock, 0.01 par value, 120,000,000 shares authorized, 20,076,250 shares issued and outstanding in 2025 no shares issued and outstanding in 2024	201	-
Additional paid in capital	195,029	-
Unallocated esop common stock	15,459	-
Retained earnings	206,648	207,555
Accumulated other comprehensive loss	-14,382	-16,129
Total shareholders' equity	372,037	191,426
Total liabilities and shareholders' equity	2,787,010	2,957,908

Unit: Thousand (K) dollars