Finwise Bancorp
For the period ended Jun 30, 2024. Filed Aug 13, 2024.
View on SEC.govAbout this filing
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.
Jun 30, 2024 · Filed Aug 13, 2024
FINW$14.42+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Changes in Share holders’ Equity
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)
(in thousands, except share amounts)
Three Months Ended June 30, 2024
| Common Stock | |||||
|---|---|---|---|---|---|
| Shares | Amount | AdditionalPaid-InCapital | RetainedEarnings | TotalShareholders’Equity | |
| Balance at March 31, 2024 | 12,793,555 | $13 | $55,304 | $107,165 | $162,482 |
| Stock-based compensation expense | 354,699 | — | 419 | — | 419 |
| Common stock repurchased and retired | (26,911) | — | (282) | (2) | (285) |
| Stock options exercised, net | 22,217 | — | — | — | — |
| Net income | — | — | — | 3,180 | 3,180 |
| Balance at June 30, 2024 | 13,143,560 | $13 | $55,441 | $110,342 | $165,796 |
Six Months Ended June 30, 2024
| Common Stock | |||||
|---|---|---|---|---|---|
| Shares | Amount | AdditionalPaid-InCapital | RetainedEarnings | TotalShareholders’Equity | |
| Balance at December 31, 2023 | 12,493,565 | $12 | $51,200 | $103,844 | $155,056 |
| Stock-based compensation expense | 329,310 | — | 570 | — | 570 |
| Stock options exercised, net | 26,117 | — | 16 | — | 16 |
| Common stock repurchased and retired | (44,608) | — | (469) | 3 | (466) |
| BFG ownership purchase | 339,176 | 1 | 4,124 | — | 4,125 |
| Net income | — | — | — | 6,495 | 6,495 |
| Balance at June 30, 2024 | 13,143,560 | $13 | $55,441 | $110,342 | $165,796 |
Three Months Ended June 30, 2023
| Common Stock | |||||
|---|---|---|---|---|---|
| Shares | Amount | AdditionalPaid-InCapital | RetainedEarnings | TotalShareholders’Equity | |
| Balance at March 31, 2023 | 12,824,572 | $13 | $54,827 | $89,513 | $144,353 |
| Stock-based compensation expense | 168,821 | — | 629 | — | 629 |
| Common stock repurchased and retired | (269,690) | — | (2,831) | 659 | (2,173) |
| Net income | — | — | — | 4,638 | 4,638 |
| Balance at June 30, 2023 | 12,723,703 | $13 | $52,625 | $94,810 | $147,448 |
Six Months Ended June 30, 2023
| Common Stock | |||||
|---|---|---|---|---|---|
| Shares | Amount | AdditionalPaid-InCapital | RetainedEarnings | TotalShareholders’Equity | |
| Balance at December 31, 2022 | 12,831,345 | $13 | $54,614 | $85,832 | $140,459 |
| Adjustment for adoption of ASC 2016-13, net of tax | — | — | — | (212) | (212) |
| Stock-based compensation expense | 168,821 | — | 1,050 | — | 1,050 |
| Common stock repurchased and retired | (293,263) | — | (3,079) | 691 | (2,388) |
| Stock options exercised, net | 16,800 | — | 40 | — | 40 |
| Net income | — | — | — | 8,499 | 8,499 |
| Balance at June 30, 2023 | 12,723,703 | $13 | $52,625 | $94,810 | $147,448 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.