For the year ending 2025-12-31, BWFG had -$82,603K decrease in cash & cash equivalents over the period. $27,129K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 35,198 |
| Net amortization of premiums and discounts on investment securities | -62 |
| Provision for credit losses | 1,040 |
| Credit for deferred income taxes | -1,405 |
| Change in fair value of marketable equity securities | 61 |
| Depreciation and amortization | 4,084 |
| Amortization of debt issuance costs | 246 |
| Increase in cash surrender value of bank-owned life insurance | 1,416 |
| Gains and fees from sales of loans | 5,078 |
| Stock-based compensation | 2,344 |
| Loss on sale of other real estate owned | -31 |
| Change in other real estate owned | 140 |
| Deferred tax assets | 527 |
| Deferred loan fees | -1,004 |
| Accrued interest receivable | 1,608 |
| Other assets | 4,363 |
| Accrued expenses and other liabilities | -1,138 |
| Net cash provided by operating activities | 28,273 |
| Proceeds from principal repayments on available for sale securities | 4,347 |
| Proceeds from principal repayments on held to maturity securities | 248 |
| Net proceeds from sales and calls of available for sale securities | 31,000 |
| Net proceeds from sales and calls of held to maturity securities | 7,500 |
| Purchases of available for sale securities | 85,714 |
| Purchases of marketable equity securities | 69 |
| Purchases of held to maturity securities | 643 |
| Net increase in loans | 178,767 |
| Proceeds from sales of loans not originated for sale | 48,917 |
| Purchases of premises and equipment, net | 1,144 |
| Proceeds (purchases) of federal home loan bank stock | 552 |
| Proceeds from the sale of other real estate owned | 9,691 |
| Net cash used in investing activities | -165,186 |
| Net change in time certificates of deposit | -141,498 |
| Net change in other deposits | 183,409 |
| Payments on fhlb advances | 170,000 |
| Proceeds on fhlb advances | 190,000 |
| Dividends paid on common stock | 6,267 |
| Repurchase of common stock | 1,334 |
| Net cash provided by financing activities | 54,310 |
| Net increase (decrease) in cash and cash equivalents | -82,603 |
| Beginning of year | 307,524 |
| End of period | 224,921 |
Bankwell Financial Group, Inc. (BWFG)
Bankwell Financial Group, Inc. (BWFG)