National Bank Holdings Corp
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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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.
FY2023 · Filed Feb 27, 2024
NBHC$37.08-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
December 31, 2023 and 2022
| | | | | | | |
|---|---|---|---|---|---|---|
| | December 31, 2023 | December 31, 2022 | ||||
| ASSETS | | | | | | |
| Cash and cash equivalents | | $190,826 | | $195,505 | ||
| Investment securities available-for-sale (at fair value) | | 628,829 | | 706,289 | ||
| Investment securities held-to-maturity (fair value of $504,328 and $559,924 at December 31, 2023 and December 31, 2022, respectively) | | 585,052 | | 651,527 | ||
| Non-marketable securities | | 90,477 | | 89,049 | ||
| Loans | | 7,698,758 | | 7,220,469 | ||
| Allowance for credit losses | | (97,947) | | (89,553) | ||
| Loans, net | | 7,600,811 | | 7,130,916 | ||
| Loans held for sale | | 18,854 | | 22,767 | ||
| Other real estate owned | | 4,088 | | 3,731 | ||
| Premises and equipment, net | | 162,733 | | 136,111 | ||
| Goodwill | | 306,043 | | 279,132 | ||
| Intangible assets, net | | 66,025 | | 59,887 | ||
| Other assets | | 297,326 | | 298,329 | ||
| Total assets | | $9,951,064 | | $9,573,243 | ||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | | | | | | |
| Liabilities: | | | | | | |
| Deposits: | | | | | | |
| Non-interest bearing demand deposits | | $2,361,367 | | $3,134,716 | ||
| Interest bearing demand deposits | | 1,480,042 | | 913,852 | ||
| Savings and money market | | 3,367,012 | | 2,950,658 | ||
| Time deposits | | 981,970 | | 873,400 | ||
| Total deposits | | 8,190,391 | | 7,872,626 | ||
| Securities sold under agreements to repurchase | | 19,627 | | 20,214 | ||
| Long-term debt, net | | | 54,200 | | | 53,890 |
| Federal Home Loan Bank advances | | 340,000 | | 385,000 | ||
| Other liabilities | | 134,039 | | 149,311 | ||
| Total liabilities | | 8,738,257 | | 8,481,041 | ||
| Shareholders’ equity: | | | | | | |
| Common stock, par value $0.01 per share: 400,000,000 shares authorized; 51,487,907 and 51,487,907 shares issued; 37,784,851 and 37,608,519 shares outstanding at December 31, 2023 and December 31, 2022, respectively | | 515 | | 515 | ||
| Additional paid-in capital | | 1,162,269 | | 1,159,508 | ||
| Retained earnings | | 433,126 | | 330,721 | ||
| Treasury stock of 13,462,472 and 13,714,251 shares at December 31, 2023 and December 31, 2022, respectively, at cost | | (306,702) | | (310,338) | ||
| Accumulated other comprehensive loss, net of tax | | (76,401) | | (88,204) | ||
| Total shareholders’ equity | | 1,212,807 | | 1,092,202 | ||
| Total liabilities and shareholders’ equity | | $9,951,064 | | $9,573,243 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.