Tri County Financial : Consolidated Balance Sheets - 6/30/2022

TRI-COUNTY FINANCIAL GROUP, INC. & SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(000s omitted, except share data)

ASSETS		6/30/2022		6/30/2021
Cash and Due from Banks	$	19,175	$	140,677
Federal Funds Sold		1,027		26,179
Investment Securities		261,440		127,108
Loans and Leases		1,105,015		1,016,719
Less: Reserve for Loan Losses		(16,970)		(15,837)
Loans, Net		1,088,045		1,000,882
Bank Premises & Equipment		26,759		27,323
Intangibles		8,788		8,392
Other Real Estate Owned		2,376		2,968
Accrued Interest Receivable		5,421		4,821
Other Assets		30,567		34,254
TOTAL ASSETS	$	1,443,598	$	1,372,604
LIABILITIES
Demand Deposits		180,075		170,055
Interest-bearing Demand Deposits		406,883		388,595
Savings Deposits		293,440		270,274
Time Deposits		307,788		351,637
Total Deposits		1,188,186		1,180,561
Repurchase Agreements		27,865		17,816
Fed Funds Purchased		43,038		0
FHLB and Other Borrowings		35,505		5,000
Interest Payable		73		240
Subordinated Debt		9,773		15,723
Total Repos & Borrowings		116,254		38,779
Other Liabilities		11,544		20,011
Dividends Payable		507		382
TOTAL LIABILITIES	$	1,316,491	$	1,239,733
CAPITAL
Common Stock		2,484		2,485
Surplus		25,742		25,871
Preferred Stock		0		0
Retained Earnings		109,999		101,770
FASB 115 Adjustment		(11,118)		2,745
TOTAL CAPITAL		127,107		132,871
TOTAL LIABILITIES AND CAPITAL	$	1,443,598	$	1,372,604
Book Value Per Share	$	51.19	$	53.52
Tangible Book Value Per Share	$	47.66	$	50.14
Bid Price	$	46.00	$	45.60
Period End Outstanding Shares		2,482,821		2,482,675