For the quarter ending 2025-09-30, FINW has $899,929K in assets. $712,164K in debts. $105,627K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 10,362 | 9,389 | ||
| Interest-bearing deposits in other banks (restricted cash of 3.2 million and 3.1 million, respectively) | 95,265 | 80,711 | ||
| Total cash and cash equivalents | 105,627 | 90,100 | ||
| Investment securities available-for-sale, at fair value, net of allowance for credit losses of 0, (amortized cost of 27.5million and 30.0million, respectively) | 27,761 | 30,146 | ||
| Allowance for credit losses | 0 | - | ||
| Unrealized gain | 6 | - | ||
| Unrealized loss | 991 | - | ||
| Estimated fair value | 9,632 | - | ||
| Investment securities held-to-maturity, net of allowance for credit losses of 0, (fair value of 9.6 million and 11.1million, respectively) | 10,617 | 11,248 | ||
| Investment in federal home loan bank (fhlb) stock, at cost | 440 | 440 | ||
| Strategic program loans held-for-sale, at lower of cost or fair value | 156,718 | 147,282 | ||
| Loans held-for-investment, net of allowance for credit losses of 25.8 million and 13.2 million, respectively | 533,549 | 506,503 | ||
| Credit enhancement asset | 11,214 | 2,469 | ||
| Premises and equipment, net | 2,725 | 2,976 | ||
| Assets subject to operating leases, net of accumulated depreciation of 4.2 million and 2.7 million, respectively | 13,317 | 14,274 | ||
| Accrued interest receivable | 1,959 | 2,380 | ||
| Deferred income taxes, net | 1,079 | 279 | ||
| Small business administration (sba) servicing asset, net | 3,121 | 3,227 | ||
| Investment in business funding group (bfg), at fair value | 8,600 | 8,400 | ||
| Operating lease right-of-use (rou) assets | 3,162 | 3,359 | ||
| Income taxes receivable, net | 3,314 | 4,100 | ||
| Other assets | 16,726 | 15,305 | ||
| Total assets | 899,929 | 842,488 | ||
| Noninterest-bearing | 130,601 | 120,747 | ||
| Interest-bearing | 551,709 | 514,427 | ||
| Total deposits | 682,310 | 635,174 | ||
| Accrued interest payable | 4,518 | 3,746 | ||
| Income taxes payable, net | 839 | 0 | ||
| Deferred income taxes, net | 0 | 0 | ||
| Operating lease liabilities | 4,683 | 4,955 | ||
| Other liabilities | 19,814 | 16,654 | ||
| Total liabilities | 712,164 | 660,529 | ||
| Common stock, 0.001 par value, 40,000,000 shares authorized 13,571,090 and 13,211,640 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively | 14 | 13 | ||
| Additional paid-in-capital | 59,417 | 58,135 | ||
| Retained earnings | 128,282 | 123,809 | ||
| Accumulated other comprehensive income, net of tax | 52 | 2 | ||
| Total shareholders equity | 187,765 | 181,959 | ||
| Total liabilities and shareholders equity | 899,929 | 842,488 | ||
Finwise Bancorp (FINW)
Finwise Bancorp (FINW)