For the quarter ending 2026-03-31, BHRB had -$219,535K decrease in cash & cash equivalents over the period. $24,628K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 27,349 | 30,244 | 29,964 | 57,098 |
| Depreciation and amortization of fixed assets | 1,868 | 1,799 | 1,751 | 3,391 |
| Amortization of other intangible assets | 3,714 | 3,739 | 3,739 | 8,297 |
| Amortization on assumed liabilities | 1,351 | 1,405 | 1,698 | 3,599 |
| Accretion income related to acquired loans | -6,817 | -8,667 | -8,173 | -22,979 |
| Amortization of housing tax credits | 1,531 | 1,708 | 1,709 | 3,567 |
| Realized (gain) on sales of available-for-sale securities | 1,799 | -104 | 212 | 39 |
| Realized loss on sales of oreo property | 0 | 0 | 0 | -2 |
| Change in fair value of loans held-for-sale | - | 0 | 0 | 0 |
| Write-down on oreo property | - | 195 | - | - |
| Provision for credit losses | 12 | 136 | 262 | 1,125 |
| Income from company-owned life insurance | 1,479 | 2,803 | 1,152 | 4,175 |
| Deferred tax expense (benefit) | 2,040 | 2,931 | -1,010 | 11,351 |
| Loss on disposal of fixed assets | -9 | -136 | -3 | -86 |
| Accretion of securities | 1,648 | 1,232 | 1,179 | 2,183 |
| Amortization of securities | 2,533 | 2,475 | 2,437 | 4,849 |
| Share-based compensation expense | 1,148 | 1,135 | 1,172 | 2,470 |
| Repayment of operating lease liabilities | -670 | -641 | -633 | -1,267 |
| (gain) on loans held-for-sale | 24 | 23 | 90 | 184 |
| Proceeds from sale of loans held-for-sale | 2,573 | 3,399 | 5,125 | 14,479 |
| Originations of loans held-for-sale | 2,184 | 2,438 | 4,827 | 13,475 |
| (increase) in accrued interest receivable | 2,183 | -2 | -9 | 999 |
| Decrease (increase) in other assets | -5,928 | 9,114 | -6,944 | 55,847 |
| (decrease) increase in accrued interest payable and other liabilities | -6,750 | 6,453 | 1,765 | 28,522 |
| Net cash flows provided by operating activities | 26,502 | 30,943 | 39,302 | 37,688 |
| Proceeds from maturities, prepayments, and calls of securities available-for-sale, net | 30,357 | 51,631 | 50,217 | 107,736 |
| Proceeds from sale of securities available-for-sale, net | 65,418 | 15,889 | 5,231 | 963 |
| Purchases of securities available-for-sale, net | 319,559 | 74,658 | 106,565 | 193,692 |
| Business acquisitions, net | 1,300 | 0 | 0 | 0 |
| Sales of restricted stock | 0 | 0 | 2 | 29,069 |
| Proceeds from sales of property and equipment | - | 0 | - | - |
| Purchases of restricted stock | 3,624 | 0 | 0 | 37,699 |
| Purchases of property and equipment, net of disposals | 1,874 | 2,627 | 3,874 | 5,204 |
| Proceeds from company-owned life insurance | -73 | 27,417 | -354 | -4,827 |
| Proceeds from sale of oreo property | 0 | 0 | -5 | 161 |
| (increase) decrease in loans made to customers, net | 10,471 | -180,294 | -39,236 | -102,851 |
| Net cash flows (used in) provided by investing activities | -240,980 | 143,112 | -15,404 | 9,012 |
| Net increase in non-interest-bearing accounts | 30,670 | -21,870 | -5,367 | -16,323 |
| Sale of treasury stock | - | - | 0 | 0 |
| Net increase (decrease) in interest-bearing accounts | -102,346 | 13,734 | 26,411 | -108,980 |
| Net increase (decrease) in other short-term borrowings | 75,000 | 0 | -200,000 | 285,000 |
| Repayment of subordinated debt | - | 0 | 30,000 | - |
| Repayment of finance lease liabilities | 78 | 66 | 57 | 113 |
| Cash dividends paid | 8,496 | 8,490 | 8,487 | 16,941 |
| Proceeds from employee stock purchase program | 184 | 156 | 169 | 354 |
| Issuance of common stock | 9 | -105 | 0 | 135 |
| Treasury stock transactions | - | 0 | - | - |
| Net cash flows (used in) financing activities | -5,057 | -16,641 | -217,331 | 143,132 |
| (decrease) increase in cash and cash equivalents | -219,535 | 157,414 | -193,433 | 189,832 |
| Beginning of period | 289,127 | 3,601 | 135,314 | - |
| End of period | 69,592 | 157,414 | 131,713 | - |
Burke & Herbert Financial Services Corp. (BHRB)
Burke & Herbert Financial Services Corp. (BHRB)