Business First Bancshares Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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FY2024 · Filed Mar 7, 2025
BFST$32.79+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Cash and Due from Banks | $319,098 | $226,110 |
| Federal Funds Sold | 197,669 | 151,134 |
| Securities Purchased Under Agreements to Resell | 50,835 | - |
| Securities Available for Sale, at Fair Values (Amortized Cost of $973,423 at December 31, 2024 and $963,978 at December 31, 2023) | 893,549 | 879,571 |
| Mortgage Loans Held for Sale | 717 | 835 |
| Loans and Lease Receivable, Net of Allowance for Loan Losses of $54,840 and $40,414 at December 31, 2024 and 2023, respectively | 5,926,559 | 4,952,371 |
| Premises and Equipment, Net | 81,953 | 69,480 |
| Accrued Interest Receivable | 35,872 | 29,916 |
| Other Equity Securities | 41,100 | 33,942 |
| Other Real Estate Owned | 5,529 | 1,685 |
| Cash Value of Life Insurance | 117,645 | 96,478 |
| Deferred Taxes | 29,591 | 27,323 |
| Goodwill | 121,572 | 88,391 |
| Core Deposit and Customer Intangible | 17,252 | 11,895 |
| Other Assets | 18,149 | 15,419 |
| Total Assets | $7,857,090 | $6,584,550 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest Bearing | $1,357,045 | $1,299,090 |
| Interest Bearing | 5,154,286 | 3,949,700 |
| Total Deposits | 6,511,331 | 5,248,790 |
| Securities Sold Under Agreements to Repurchase | 22,621 | 18,885 |
| Bank Term Funding Program | - | 300,000 |
| Federal Home Loan Bank Borrowings | 355,875 | 211,198 |
| Subordinated Debt | 99,760 | 99,990 |
| Subordinated Debt - Trust Preferred Securities | 5,000 | 5,000 |
| Accrued Interest Payable | 5,969 | 14,841 |
| Other Liabilities | 57,068 | 41,587 |
| Total Liabilities | 7,057,624 | 5,940,291 |
| Commitments and Contingencies (See Notes 19 and 22) | ||
| SHAREHOLDERS' EQUITY | ||
| Preferred Stock, No Par Value; 5,000,000 Shares Authorized; 72,010 Shares ($1,000 Liquidation Preference) Issued and Outstanding at both December 31, 2024 and 2023 | 71,930 | 71,930 |
| Common Stock, $1 Par Value; 50,000,000 Shares Authorized; 29,552,358 and 25,351,809 Shares Issued and Outstanding at December 31, 2024 and 2023, respectively | 29,552 | 25,352 |
| Additional Paid-in Capital | 500,024 | 397,447 |
| Retained Earnings | 260,958 | 216,115 |
| Accumulated Other Comprehensive Loss | (62,998) | (66,585) |
| Total Shareholders' Equity | 799,466 | 644,259 |
| Total Liabilities and Shareholders' Equity | $7,857,090 | $6,584,550 |
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