Burke & Herbert Financial Services Corp.

Annual Trend FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $50.3m $44.5m $135.3m $289.1m
Accrued interest receivable $15.5m $15.9m $34.5m $35.4m
Intangible assets $0 $57.3m $41.7m
Goodwill $0 $32.8m $34.1m
Other assets $97.1m $83.5m $162.0m $189.1m
Cash and due from banks $9.1m $8.9m $35.6m $53.5m
Interest-bearing deposits with banks $41.2m $35.6m $99.8m $235.6m
Securities available-for-sale, at fair value $1.4b $1.2b $1.4b $1.6b
Restricted stock, at cost $16.4m $6.0m $33.6m $42.2m
Loans held-for-sale, at fair value $0 $1.5m $2.3m $365k
Loans $1.9b $2.1b $5.7b $5.4b
Allowance for credit losses ($21.0m) ($25.3m) ($68.0m) ($67.8m)
Net loans $1.9b $2.1b $5.6b $5.3b
Other real estate owned $0 $2.8m $2.7m
Premises and equipment, net $53.2m $61.1m $132.3m $136.8m
Company-owned life insurance $92.5m $94.2m $182.8m $213.2m
Non-interest-bearing deposits $960.7m $830.3m $1.4b $1.3b
Interest-bearing deposits $2.0b $2.2b $5.1b $5.1b
Short-term borrowings $272.0m $365.0m $450.0m
Subordinated debentures, net $0 $94.9m $70.2m
Subordinated debentures owed to unconsolidated subsidiary trusts $0 $17.0m $17.3m
Total deposits $2.9b $3.0b $6.5b $6.4b
Total Shareholders' Equity $273.5m $314.8m $730.2m $854.6m
Total Assets $3.6b $3.6b $7.8b $7.9b
Accrued interest and other liabilities $25.9m $28.9m $89.9m $124.5m
Total Liabilities $3.3b $3.3b $7.1b $7.1b
Preferred stock and related surplus, $1.00 par value per share; 2,000,000 shares authorized; 1,500 shares issued and outstanding at December 31, 2025, 1,500 shares issued and outstanding at December 31, 2024 0 0 10.4m 10.4m
Common Stock $0.50 par value; 40,000,000 shares authorized, 15,599,814 shares issued and 15,028,524 shares outstanding at December 31, 2025; 40,000,000 shares authorized, 15,540,394 shares issued and 14,969,104 shares outstanding at December 31, 2024 4.0m 4.0m 7.8m 7.8m
Common stock, additional paid-in capital $14.5m $401.2m $405.9m
Retained earnings $424.4m $427.3m $434.1m $517.1m
Accumulated other comprehensive income (loss) ($139.5m) ($103.5m) ($95.7m) ($59.0m)
Treasury stock 571,290 shares, at cost, at December 31, 2025, and 571,290 shares, at cost, at December 31, 2024 ($27.7m) ($27.6m) ($27.6m) ($27.6m)
Total Liabilities and Shareholders' Equity $3.6b $3.6b $7.8b $7.9b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.