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CrossFirst Bankshares logo
CrossFirst Bankshares CFB
report update icon

Quarterly report 2024-Q3
added 06-06-2026

CrossFirst Bankshares Balance Sheet 2023-2011 | CFB

Brief overview of CrossFirst Bankshares's balance sheet strength

The review uses the five latest available annual reports between 2019 and 2023.

The asset base grew from $4.9 billion to $7.4 billion, or +49.7%. Average annual growth of roughly 10.6% was strong.

Asset and liability trends were close, at +49.7% and +54.1%. Expansion did not materially reshape funding sources.

For a financial business, a high liability share is part of the operating model, so capital is the key reference point: equity equals 9.6% of assets versus 12.2% initially.

Retained earnings are $272.4 million versus $64.8 million initially. The direction shows how results contributed to equity.

What the balance sheet shows

CrossFirst Bankshares's balance sheet is broadly resilient, though selected areas require monitoring. The balance between assets, equity and liabilities remains the key issue.

Annual Balance Sheet CrossFirst Bankshares

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

1.66 B 899 M -482 M -408 M 172 M 97.3 M 189 M - - - - - -

Long Term Debt

1.92 B 1.2 B 1.01 M 963 K 360 M 314 M 320 M - - - - - -

Total Non Current Liabilities

- - - - 359 M - - - - - - - -

Total Liabilities

6.67 B 5.99 B 4.95 B 5.03 B 4.33 B 3.62 B 2.67 B - - - - - -

Retained Earnings

272 M 206 M 147 M 77.7 M 64.8 M 38.6 M 24 M - - - - - -

Total Assets

7.38 B 6.6 B 5.62 B 5.66 B 4.93 B 4.11 B 2.96 B - - - - - -

Cash and Cash Equivalents

255 M 300 M 483 M 409 M 187 M 217 M 131 M - - - - - -

Book Value

708 M 609 M 668 M 624 M 602 M 490 M 287 M - - - - - -

Total Shareholders Equity

708 M 609 M 668 M 624 M 602 M 490 M 287 M - - - - - -

All numbers in USD currency

Quarterly Balance Sheet CrossFirst Bankshares

2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

1.16 M 1.15 M 1.13 M 1.1 M 1.09 M 1.07 M - 1.05 M 1.04 M 1.02 M 1.01 M 997 K 986 K 974 K 963 K 952 K - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

6.81 B 6.91 B 6.76 B 6.54 B 6.47 B 6.25 B - 5.27 B 5.1 B 4.89 B 4.95 B 4.75 B 4.67 B 5.37 B 5.03 B 4.89 B 4.85 B 4.46 B 4.33 B 4.05 B 4.33 B 4.33 B 3.62 B 3.62 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

328 M 309 M 290 M 255 M 238 M 222 M - 194 M 177 M 161 M 147 M 126 M 105 M 89.7 M 77.7 M 69.4 M 61.3 M 68.7 M 64.8 M 65.3 M 64.8 M 64.8 M 38.6 M 38.6 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Assets

7.58 B 7.64 B 7.48 B 7.18 B 7.12 B 6.89 B - 5.85 B 5.71 B 5.52 B 5.62 B 5.4 B 5.31 B 6 B 5.66 B 5.51 B 5.46 B 5.07 B 4.93 B 4.65 B 4.93 B 4.93 B 4.11 B 4.11 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

237 M 250 M 207 M 233 M 342 M 263 M - 309 M 278 M 277 M 483 M 317 M 221 M 631 M 409 M 224 M 194 M 159 M 187 M 128 M 187 M 187 M 217 M 217 M - - 131 M - - - 156 M - - - - - - - - - - - - - - - - - - - - - - -

Book Value

772 M 728 M 715 M 643 M 651 M 645 M - 581 M 608 M 623 M 668 M 652 M 637 M 629 M 624 M 618 M 608 M 612 M 602 M 602 M 602 M 602 M 490 M 490 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

772 M 728 M 715 M 643 M 651 M 645 M - 581 M 608 M 623 M 668 M 652 M 637 M 629 M 624 M 618 M 608 M 612 M 602 M 602 M 602 M 602 M 490 M 490 M 343 M - 287 M - - - 215 M - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Balance Sheet is a fundamental financial report of CrossFirst Bankshares, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Banks regional

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National Bank Holdings Corporation National Bank Holdings Corporation
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Orrstown Financial Services Orrstown Financial Services
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Old Second Bancorp Old Second Bancorp
OSBC
$ 25.11 0.08 % $ 1.23 B usaUSA
MetroCity Bankshares MetroCity Bankshares
MCBS
$ 36.24 -0.33 % $ 933 M usaUSA
QCR Holdings QCR Holdings
QCRH
$ 103.04 -0.21 % $ 1.74 B usaUSA
Norwood Financial Corp. Norwood Financial Corp.
NWFL
$ 36.09 -0.41 % $ 333 M usaUSA
Renasant Corporation Renasant Corporation
RNST
$ 40.18 0.1 % $ 3.49 B usaUSA
Old National Bancorp Old National Bancorp
ONB
$ 25.25 -0.45 % $ 9.18 B usaUSA
Ohio Valley Banc Corp. Ohio Valley Banc Corp.
OVBC
$ 47.53 -2.3 % $ 224 M usaUSA
1st Source Corporation 1st Source Corporation
SRCE
$ 87.72 -0.65 % $ 2.15 B usaUSA
Plumas Bancorp Plumas Bancorp
PLBC
$ 63.06 0.39 % $ 406 M usaUSA
PCB Bancorp PCB Bancorp
PCB
$ 30.19 -0.61 % $ 429 M usaUSA
Preferred Bank Preferred Bank
PFBC
$ 103.47 -0.64 % $ 1.56 B usaUSA
Peoples Financial Services Corp. Peoples Financial Services Corp.
PFIS
$ 72.52 -0.86 % $ 725 M usaUSA
Provident Financial Services Provident Financial Services
PFS
$ 23.16 -0.58 % $ 3.02 B usaUSA
Red River Bancshares Red River Bancshares
RRBI
$ 104.87 -0.28 % $ 700 M usaUSA
ServisFirst Bancshares ServisFirst Bancshares
SFBS
$ 41.51 -0.41 % $ 2.27 B usaUSA
Park National Corporation Park National Corporation
PRK
$ 179.66 -0.4 % $ 2.89 B usaUSA
Provident Financial Holdings Provident Financial Holdings
PROV
$ 18.21 0.19 % $ 117 M usaUSA
Simmons First National Corporation Simmons First National Corporation
SFNC
$ 23.68 -0.53 % $ 3.18 B usaUSA
RBB Bancorp RBB Bancorp
RBB
$ 26.11 0.23 % $ 455 M usaUSA
Shinhan Financial Group Co., Ltd. Shinhan Financial Group Co., Ltd.
SHG
$ 63.96 -1.43 % $ 32.4 B south-koreaSouth-korea
Richmond Mutual Bancorporation Richmond Mutual Bancorporation
RMBI
$ 15.79 0.22 % $ 166 M usaUSA
Grupo Supervielle S.A. Grupo Supervielle S.A.
SUPV
$ 5.78 -0.69 % $ 2.54 B -
Signature Bank Signature Bank
SBNY
- - $ 4.41 B usaUSA
South Plains Financial South Plains Financial
SPFI
$ 43.09 0.02 % $ 702 M usaUSA
First Midwest Bancorp, Inc. First Midwest Bancorp, Inc.
FMBI
- -1.2 % $ 2.26 B usaUSA
Sound Financial Bancorp Sound Financial Bancorp
SFBC
$ 45.07 0.02 % $ 115 M usaUSA
Southern First Bancshares Southern First Bancshares
SFST
$ 60.49 -0.54 % $ 489 M usaUSA
Cadence Bancorporation Cadence Bancorporation
CADE
- - $ 5.43 B usaUSA
Southern Missouri Bancorp Southern Missouri Bancorp
SMBC
$ 71.47 -0.63 % $ 793 M usaUSA
Stock Yards Bancorp Stock Yards Bancorp
SYBT
$ 80.44 -0.8 % $ 2.36 B usaUSA
Spirit of Texas Bancshares, Inc. Spirit of Texas Bancshares, Inc.
STXB
- -0.23 % $ 446 M usaUSA
TFS Financial Corporation TFS Financial Corporation
TFSL
$ 16.55 -0.27 % $ 4.61 B usaUSA
The Bancorp The Bancorp
TBBK
$ 48.69 -2.21 % $ 2.23 B usaUSA
Bank of Commerce Holdings Bank of Commerce Holdings
BOCH
- -1.56 % $ 254 M usaUSA
CIT Group Inc. CIT Group Inc.
CIT
- -1.4 % $ 4.74 B usaUSA
Timberland Bancorp Timberland Bancorp
TSBK
$ 48.12 0.12 % $ 381 M usaUSA
WesBanco WesBanco
WSBC
$ 39.09 -0.93 % $ 3.55 B usaUSA
Tompkins Financial Corporation Tompkins Financial Corporation
TMP
$ 100.72 -0.04 % $ 1.44 B usaUSA
United Bankshares United Bankshares
UBSI
$ 48.58 -0.45 % $ 6.82 B usaUSA
BancorpSouth Bank BancorpSouth Bank
BXS
- -1.07 % $ 3.12 B usaUSA
Bryn Mawr Bank Corporation Bryn Mawr Bank Corporation
BMTC
- -1.52 % $ 888 M usaUSA
Cortland Bancorp Cortland Bancorp
CLDB
- - $ 124 M usaUSA
Century Bancorp, Inc. Century Bancorp, Inc.
CNBKA
- 0.06 % $ 513 M usaUSA
UMB Financial Corporation UMB Financial Corporation
UMBF
$ 135.84 -0.6 % $ 9.95 B usaUSA
Elmira Savings Bank Elmira Savings Bank
ESBK
- 0.13 % $ 81.9 M usaUSA
First Republic Bank First Republic Bank
FRC
- - $ 654 M usaUSA
Guaranty Federal Bancshares, Inc. Guaranty Federal Bancshares, Inc.
GFED
- 0.06 % $ 138 M usaUSA