Page 33 - 2022 Shareholders Report

FINANCIAL STATEMENTS

Statement of Equity

Notes
Receivable Accumulated Total
Additional Unearned Secured By Other Haskell Non-
Common Paid-In Retained ESOP Common Comprehensive Stockholders' controlling Total
Shares Stock Capital Earnings Shares Stock Income (Loss) Equity Interests Equity
Balances, January 1, 2022 234,061 $234,061 $54,113,639 $28,400,093 $(6,787,838) $(3,577,559) $(639,756) $71,742,640 $118,480 $71,861,120

Net income - - - 14,516,111 - - - 14,516,111 134,964 14,651,075
Stock issued 6,437 6,437 3,954,993 - - (3,437,206) - 524,224 - 524,224
Stock redeemed (28,919) (28,919) (4,497,472) (13,652,360) - - - (18,178,751) - (18,178,751)
Share based compensation - - - - - 1,859,531 - 1,859,531 - 1,859,531
ESOP share allocation - - 1,558,023 - 1,359,352 - - 2,917,375 - 2,917,375
Distributions - - - (5,768,920) - - - (5,768,920) - (5,768,920)
Foreign currency - - - - - - 1,508,477 1,508,477 - 1,508,477
translation adjustment
Unrealized loss on - - - - - - (23,048) (23,048) - (23,048)
securities available for sale
Balances, December 31, 2022 211,579 $211,579 $55,129,183 $23,494,924 $(5,428,486) $(5,155,234) $845,673 $69,097,639 $253,444 $69,351,083

2022 Annual Report to Shareholders ◆ Haskell 31