Comparison and assessment of earlier ratios for the used accounting period compared to the previous accounting period. (i.e. the ratio became better of worse and why).? Company was bo

Income Statement

2022
2020

31-Dec
31-Dec

Net Interest Income

167.22
138.89

Interest Income, Bank

283.71
223.06

Total Interest Expense

116.49
84.17

Loan Loss Provision

43.61
57.43

Net Interest Income After Loan Loss Provision

123.62
81.46

Non-Interest Income, Bank

31.96
39.82

Non-Interest Expense, Bank

-101.38
-87.66

Net Income Before Taxes

56.38
33.62

Provision for Income Taxes

2.11
0.07

Net Income After Taxes

54.27
33.55

Minority Interest

30.68
0.87

Equity In Affiliates

–
–

U.S GAAP Adjustment

–
–

Net Income Before Extraordinary Items

57.79
34.42

Total Extraordinary Items

–
–

Net Income

57.79
34.42

Total Adjustments to Net Income

-6.07
-5.19

Income Available to Common Excluding Extraordinary Items

51.72
29.23

Dilution Adjustment

6.07
–

Diluted Net Income

51.72
29.23

Diluted Weighted Average Shares

3866.54
3538.58

Diluted EPS Excluding Extraordinary Items

0.013
0.008

DPS – Common Stock Primary Issue

0.006
–

Diluted Normalized EPS

0.01
0.006

Balance Sheet

2022
2021

31-Dec
31-Dec

Total Current Assets
1153.54
1148.03

Total Assets
7880.76
7351.9

Cash & Due from Banks
729.43
766.01

Other Earning Assets, Total
51.57
51.57

Net Loans
5913.52
5513.07

Property/Plant/Equipment, Total – Net
128.63
108.2

Property/Plant/Equipment, Total – Gross
–
–

Accumulated Depreciation, Total
–
–

Goodwill, Net
–
–

Intangibles, Net
–
–

Long Term Investments
612.68
533.42

Other Long Term Assets, Total
72.39
49.17

Other Assets, Total
315.69
274.82

Total Current Liabilities
6160.41
6013.94

Total Liabilities
6901.06
6601.83

Accounts Payable
5961.73
5618.79

Payable/Accrued
–
26.81

Accrued Expenses
–
11.87

Total Deposits
5961.73
5618.79

Other Bearing Liabilities, Total
198.68
395.15

Total Short Term Borrowings
–
–

Current Port. of LT Debt/Capital Leases
198.68
395.15

Other Current liabilities, Total
–
–

Total Long Term Debt
637.63
485.37

Long Term Debt
637.63
485.37

Capital Lease Obligations
–
–

Deferred Income Tax
–
–

Minority Interest
30.68
36.15

Other Liabilities, Total
-6088.06
-5947.57

Total Equity
979.7
750.07

Redeemable Preferred Stock, Total
–
–

Preferred Stock – Non Redeemable, Net
–
–

Common Stock, Total
373.87
317.97

Additional Paid-In Capital
316.94
156.94

Retained Earnings (Accumulated Deficit)
89.23
75.97

Treasury Stock – Common
-0.054
-0.054

ESOP Debt Guarantee
–
–

Unrealized Gain (Loss)
–
-3.58

Other Equity, Total
199.71
199.24

Total Liabilities & Shareholders’ Equity
7880.76
7351.9

Total Common Shares Outstanding
3738.21
3338.24

Total Preferred Shares Outstanding
–
–

Ratio analysis

Balance Sheet Ratio

Incme Statement Ratio

Liquidity Ratio

Profitability Ratio

2022
2021

2022
2021

Current Ratio
0.187
0.191

Net Profit margin
28.76%
25.80%

Quick Ratio
0.118
0.127

Operating Profit margin
50.25%
53.72%

Return on assets
0.73%
0.79%

Leverage Ratio

Coverage ratio

2022
2021

2022
2021

Long term Debt ratio
0.65
0.65

Interest Coverage ratio
1.22
0.93

Debt to Equity
7.04
8.80

Financial leverage
8.04
9.80

Cash flow ratio

Long Lived assets Ratio

2022
2021

2022
2021

Revenue per share
0.04
0.04

Fixed asset Turnover
0.29
0.31

Cash flow per share
-0.13
-0.13

Price to Sales
16.10
16.10