Triumph Financial Inc
For the period ended Mar 31, 2024. Filed Apr 17, 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.
Mar 31, 2024 · Filed Apr 17, 2024
TFIN$63.07+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
March 31, 2024 and December 31, 2023
| March 31,2024 | December 31,2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Cash and due from banks | $69,730 | $93,072 |
| Interest bearing deposits with other banks | 347,303 | 193,563 |
| Total cash and cash equivalents | 417,033 | 286,635 |
| Securities - equity investments with readily determinable fair values | 4,441 | 4,488 |
| Securities - available for sale | 320,101 | 299,644 |
| Securities - held to maturity, net of allowance for credit losses of $3,135 and $3,190, respectively, fair value of $3,750 and $4,015, respectively | 3,010 | 2,977 |
| Loans held for sale | 3,712 | 1,236 |
| Loans, net of allowance for credit losses of $38,232 and $35,219, respectively | 4,156,888 | 4,127,881 |
| Federal Home Loan Bank and other restricted stock | 4,764 | 14,278 |
| Premises and equipment, net | 162,544 | 113,457 |
| Capitalized software, net | 26,435 | 22,365 |
| Other real estate owned, net | 37 | 37 |
| Goodwill | 233,709 | 233,709 |
| Intangible assets, net | 23,842 | 23,646 |
| Bank-owned life insurance | 42,077 | 41,946 |
| Deferred tax asset, net | 7,946 | 8,800 |
| Other assets | 168,954 | 166,235 |
| Total assets | $5,575,493 | $5,347,334 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Liabilities | ||
| Deposits | ||
| Noninterest bearing | $1,747,544 | $1,632,022 |
| Interest bearing | 2,703,419 | 2,345,456 |
| Total deposits | 4,450,963 | 3,977,478 |
| Federal Home Loan Bank advances | 30,000 | 255,000 |
| Subordinated notes | 108,807 | 108,678 |
| Junior subordinated debentures | 41,889 | 41,740 |
| Other liabilities | 71,495 | 100,038 |
| Total liabilities | 4,703,154 | 4,482,934 |
| Preferred stock | 45,000 | 45,000 |
| Common stock, 23,334,997 and 23,302,414 shares outstanding, respectively | 290 | 290 |
| Additional paid-in-capital | 555,613 | 550,743 |
| Treasury stock, at cost | (265,119) | (265,038) |
| Retained earnings | 539,688 | 536,331 |
| Accumulated other comprehensive income (loss) | (3,133) | (2,926) |
| Total stockholders’ equity | 872,339 | 864,400 |
| Total liabilities and stockholders' equity | $5,575,493 | $5,347,334 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.