For the year ending 2025-12-31, FINW has $977,135K in assets. $783,940K in debts. $163,400K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and due from banks | 12,082 | |||
| Interest-bearing deposits in other banks (restricted cash of 4.1 million and 3.2 million, respectively) | 151,318 | |||
| Total cash and cash equivalents | 163,400 | |||
| Investment securities available-for-sale, at fair value, net of allowance for credit losses of 0, (amortized cost of 27.5 million and 30.0 million, respectively) | 27,755 | |||
| Allowance for credit losses | 0 | |||
| Unrealized gain | 6 | |||
| Unrealized loss | 951 | |||
| Estimated fair value | 8,982 | |||
| Investment securities held-to-maturity, net of allowance for credit losses of 0, (fair value of 9.0million and 11.1million, respectively) | 9,927 | |||
| Investment in federal home loan bank (fhlb) stock, at cost | 440 | |||
| Strategic program loans held-for-sale, at lower of cost or fair value | 146,473 | |||
| Loans held-for-investment, net of allowance for credit losses of 36.8 million and 13.2 million, respectively | 541,551 | |||
| Credit enhancement asset | 22,411 | |||
| Premises and equipment, net | 2,540 | |||
| Assets subject to operating leases, net of accumulated depreciation of 4.7 million and 2.7 million, respectively | 12,575 | |||
| Accrued interest receivable | 3,707 | |||
| Deferred income taxes, net | 2,345 | |||
| Small business administration (sba) servicing asset, net | 3,547 | |||
| Investment in business funding group (bfg), at fair value | 9,000 | |||
| Operating lease right-of-use (rou) assets | 2,963 | |||
| Income taxes receivable, net | 3,545 | |||
| Other assets | 24,956 | |||
| Total assets | 977,135 | |||
| Noninterest-bearing | 168,442 | |||
| Interest-bearing | 586,119 | |||
| Total deposits | 754,561 | |||
| Accrued interest payable | 2,632 | |||
| Income taxes payable, net | 837 | |||
| Deferred income taxes, net | 0 | |||
| Operating lease liabilities | 4,408 | |||
| Other liabilities | 21,502 | |||
| Total liabilities | 783,940 | |||
| Common stock, 0.001 par value, 40,000,000 shares authorized 13,655,961 and 13,211,640 shares issued and outstanding as of december31, 2025 and december31, 2024, respectively | 14 | |||
| Additional paid-in-capital | 60,958 | |||
| Retained earnings | 132,197 | |||
| Accumulated other comprehensive income, net of tax | 26 | |||
| Total shareholders equity | 193,195 | |||
| Total liabilities and shareholders equity | 977,135 | |||
Finwise Bancorp (FINW)
Finwise Bancorp (FINW)