FIRST BUSEY CORP NV
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
BUSE$28.63-0.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Cash and cash equivalents: | ||
| Cash and due from banks | $129,444 | $134,680 |
| Interest-bearing deposits | 568,215 | 584,901 |
| Total cash and cash equivalents | 697,659 | 719,581 |
| Debt securities available for sale | 1,810,221 | 2,087,571 |
| Debt securities held to maturity | 826,630 | 872,628 |
| Equity securities | 15,862 | 9,812 |
| Loans held for sale | 3,657 | 2,379 |
| Portfolio loans (net of ACL of $83,404 at December 31, 2024; $91,740 at December 31, 2023) | 7,613,683 | 7,559,294 |
| Restricted bank stock | 49,930 | 6,000 |
| Premises and equipment, net | 118,820 | 122,594 |
| Right of use assets | 10,608 | 11,027 |
| Goodwill | 333,695 | 317,873 |
| Other intangible assets, net | 32,280 | 35,991 |
| Cash surrender value of bank owned life insurance | 185,087 | 182,975 |
| Other assets | 348,590 | 355,690 |
| Total assets | $12,046,722 | $12,283,415 |
| Liabilities and stockholders’ equity | ||
| Liabilities | ||
| Deposits: | ||
| Noninterest-bearing | $2,719,907 | $2,834,655 |
| Interest-bearing | 7,262,583 | 7,456,501 |
| Total deposits | 9,982,490 | 10,291,156 |
| Securities sold under agreements to repurchase | 155,610 | 187,396 |
| Short-term borrowings | — | 12,000 |
| Long-term debt | — | 18,000 |
| Subordinated notes, net of unamortized issuance costs | 227,723 | 222,882 |
| Junior subordinated debt owed to unconsolidated trusts | 74,815 | 71,993 |
| Lease liabilities | 11,040 | 11,308 |
| Other liabilities | 211,775 | 196,699 |
| Total liabilities | 10,663,453 | 11,011,434 |
| Outstanding commitments and contingent liabilities (see Notes 7 and 18) | ||
| Stockholders’ equity | ||
| Common stock, ($0.001 par value; 100,000,000 shares authorized) | 60 | 58 |
| Additional paid-in capital | 1,360,530 | 1,323,595 |
| Retained earnings | 294,054 | 237,197 |
| AOCI | (207,039) | (218,803) |
| Total stockholders’ equity before treasury stock | 1,447,605 | 1,342,047 |
| Treasury stock at cost | (64,336) | (70,066) |
| Total stockholders’ equity | 1,383,269 | 1,271,981 |
| Total liabilities and stockholders’ equity | $12,046,722 | $12,283,415 |
| Shares | ||
| Common shares issued | 59,546,273 | 58,116,969 |
| Less: Treasury shares | (2,650,292) | (2,872,850) |
| Common shares outstanding | 56,895,981 | 55,244,119 |
First Busey Corporation(BUSE) | 2024 —91
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.