FIRST BUSEY CORP NV
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
BUSE$29.15+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
FORM 10-Q
September 30, 2024
| Table of Contents | ||
|---|---|---|
| GLOSSARY | 3 | |
| PART I | FINANCIAL INFORMATION | 5 |
| Item 1. | FINANCIAL STATEMENTS | 5 |
| CONSOLIDATED BALANCE SHEETS (Unaudited) | 6 | |
| CONSOLIDATED STATEMENTS OF INCOME (Unaudited) | 7 | |
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) | 8 | |
| CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) | 9 | |
| CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) | 11 | |
| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) | 13 | |
| Note 1. Significant Accounting Policies | 13 | |
| Note 2. Mergers and Acquisitions | 15 | |
| Note 3. Debt Securities | 19 | |
| Note 4. Portfolio Loans | 25 | |
| Note 5. Leases | 38 | |
| Note 6. Deposits | 40 | |
| Note 7. Borrowings | 41 | |
| Note 8. Regulatory Capital | 43 | |
| Note 9. Tax Credit and Other Investments in Unconsolidated Entities | 46 | |
| Note 10. Stock-Based Compensation | 47 | |
| Note 11. Outstanding Commitments and Contingent Liabilities | 51 | |
| Note 12. Derivative Financial Instruments | 52 | |
| Note 13. Fair Value Measurements | 58 | |
| Note 14. Earnings Per Common Share | 64 | |
| Note 15. Accumulated Other Comprehensive Income (Loss) | 65 | |
| Note 16. Operating Segments and Related Information | 67 | |
| Item 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 70 |
| Item 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 107 |
| Item 4. | CONTROLS AND PROCEDURES | 108 |
| PART II | OTHER INFORMATION | 108 |
| Item 1. | LEGAL PROCEEDINGS | 108 |
| Item 1A. | RISK FACTORS | 108 |
| Item 2. | UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES | 114 |
| Item 3. | DEFAULTS UPON SENIOR SECURITIES | 114 |
| Item 4. | MINE SAFETY DISCLOSURES | 114 |
| Item 5. | OTHER INFORMATION | 114 |
| Item 6. | EXHIBITS | 115 |
| SIGNATURES | 117 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.