Company: UMBFO
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028420
Chunk: 230

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 230
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 fees totaled $21.4 million, $17.7 million, and $18.2 million in 2024, 2023, and 2022, respectively.

(3)Loans on nonaccrual are included in the computation of average balances.  Interest income on these loans is also included in loan income.

40

THREE YEAR AVERAGE BALANCE SHEETS/YIELDS AND RATES (tax-equivalent basis)

(in millions)  

    2022

    Average Balance

    Interest Income/ Expense (1)

    Rate Earned/ Paid (1)

    ASSETS

    Loans and loans held for sale (FTE) (2) (3)
     
    $
    18,823.8

    $
    810.1

    4.30
    %

    Securities:

    Taxable

    9,616.7

    192.1

    2.00

    Tax-exempt (FTE)

    3,885.1

    122.8

    3.16

    Total securities

    13,501.8

    314.9

    2.33

    Federal funds sold and resell agreements

    965.9

    19.1

    1.98

    Interest-bearing due from banks

    2,408.5

    18.6

    0.77

    Other earning assets (FTE)

    12.1

    0.6

    4.96

    Total earning assets (FTE)

    35,712.1

    1,163.3

    3.26

    Allowance for credit losses

    (184.1
    )

    Cash and due from banks

    420.0

    Other assets

    1,631.0

    Total assets
     
    $
    37,579.0

    LIABILITIES AND SHAREHOLDERS' EQUITY

    Interest-bearing demand and savings deposits
     
    $
    17,333.0

    $
    162.2

    0.94
    %

    Time deposits under $250,000

    95.0

    0.7

    0.74

    Time deposits of $250,000 or more

    635.5

    4.