MBWM: the balance sheet

MyFinsight

For the year ending 2025-12-31, MBWM has $6,835,219K in assets. $6,110,335K in debts.

Balance Sheets	2025-12-31
Cash and due from banks	54,755
Interest-earning deposits	418,569
Total cash and cash equivalents	473,324
Securities available for sale	1,102,230
Mortgage loans held for sale	17,160
Loans	4,821,888
Allowance for credit losses	58,191
Loans, net	4,763,697
Premises and equipment, net	62,468
Bank owned life insurance	105,342
Goodwill	72,656
Core deposit intangible	20,388
Other assets	217,954
Total assets	6,835,219

Noninterest-bearing	1,339,666
Interest-bearing	3,944,786
Total deposits	5,284,452
Securities sold under agreements to repurchase	232,291
Federal home loan bank advances	326,221
Subordinated debentures	51,015
Subordinated notes	89,657
Term note-Term Note	30,000
Accrued interest and other liabilities	96,699
Total liabilities	6,110,335
Preferred stock, no par value 1,000,000 shares authorized 0 shares outstanding at december 31, 2025 and december 31, 2024	0
Common stock, no par value 40,000,000 shares authorized 17,181,096 shares outstanding at december 31, 2025 and 16,146,374 shares outstanding at december 31, 2024	349,431
Retained earnings	399,448
Accumulated other comprehensive gain/(loss)	-23,995
Total shareholders equity	724,884
Total liabilities and shareholders equity	6,835,219

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