NEW INDEPENDENT BANCSHARES, INC. AND SUBSIDIARY
Consolidated Balance Sheets December 31,
Assets
2024 2023
Cash and Due from Banks Federal Funds Sold Interest-Bearing Time Deposits in Other Banks Investment Securities Loans: Loans Less: Allowance for Credit Losses Net Loans FHLB Stock- Restricted Premises and Equipment Operating Lease Right-of-use Assets Bank Owned Life Insurance Accrued Interest Receivable Deferred Tax Assets Other Assets
$ |
27,904,306 |
$ |
4,050,626 |
|
233,402 |
|
- |
|
100,000 |
|
100,000 |
|
116,202,420 |
|
117,155,207 |
409,226,172( 4,484,196) 404,741,976
810,000 7,638,674 3,911,861 14,164,384 2,644,608 4,082,674
743,761
380,285,813( 4,376,390) 375,909,423 810,000 7,068,550 2,366,718 12,932,033 2,271,396 4,342,039
369,743
Total Assets |
$ |
583,178,066 |
$ |
527,375,735 |
Liabilities
Deposits: Noninterest-bearing Deposits Interest-bearing Deposits Total Deposits Other Borrowings Subordinated Debt Operating Lease Liabilities Reserve for Unfunded Commitments Accrued Interest and Other Liabilities
Total Liabilities
$
107,675,201 |
$ |
161,368,615 |
409,814,577 |
|
304,806,374 |
517,489,778 |
|
466,174,989 |
- |
|
9,995,676 |
10,000,000 |
|
10,000,000 |
3,968,472 |
|
2,400,968 |
568,536 |
|
643,536 |
1,275,909 |
|
1,289,176 |
533,302,695 |
|
490,504,345 |
|
Stockholders ' Equity Common Stock Surplus Retained Earnings Accumulated Other Comprehensive Loss
Total Stockholders ' Equity
|
|
2,577,410 11,736,797 48,761,351( 13,200,187) 49,875,371 |
|
2,152,740 2,192,279 45,937,992( 13,411,621) 36,871,390 |
Total Liabilities and Stockholders ' Equity |
$ |
583,178,066 |
$ |
527,375,735 |
See accompanying notes. |
|
|
|
|
2024 NWSB Annual Report | 15