For the quarter ending 2026-03-31, FIISO had -$23,300K decrease in cash & cash equivalents over the period. $23,038K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net gain on sale of assets of subsidiary | - | 0 | 0 | 0 |
| Net income | 20,985 | 19,980 | 20,477 | 34,410 |
| Depreciation and amortization | 1,802 | 2,183 | 1,874 | 3,825 |
| Net (accretion) amortization of (discounts) premiums on securities | 2,003 | 2,324 | 1,874 | 2,235 |
| Net loss on other assets | - | -225 | -281 | 0 |
| Provision for credit losses | 2,239 | 3,404 | 2,732 | 5,490 |
| Share-based compensation | 903 | 861 | 756 | 1,460 |
| Provision for litigation settlement | - | 0 | - | - |
| Deferred income tax expense | 1,628 | 5,769 | 4,933 | 843 |
| Proceeds from sale of loans held for sale | 10,946 | 12,595 | 17,439 | 16,049 |
| Originations of loans held for sale | 8,490 | 13,513 | 17,050 | 15,868 |
| Income on company owned life insurance | 2,772 | 2,788 | 2,849 | 5,742 |
| Net gain on sale of loans held for sale | 125 | 195 | 285 | 257 |
| Net gain on investment securities | 328 | 225 | 703 | 3 |
| Net loss on other assets | -481 | - | - | - |
| Decrease in other assets | -2,892 | 2,791 | 54 | -15,854 |
| Decrease in other liabilities | -4,470 | -1,777 | -32,559 | -49,546 |
| Net cash provided by operating activities | 23,688 | 21,404 | -6,882 | 4,280 |
| Purchases of available for sale securities | 152,968 | 186,169 | 44,523 | 93,434 |
| Purchases of held to maturity securities | 747 | 1,573 | 314 | 2,045 |
| Proceeds from principal payments, maturities and calls on available for sale securities | 51,642 | 125,745 | 18,138 | 40,833 |
| Purchase of company owned life insurance, net of benefits received | - | 184 | 72,086 | - |
| Proceeds from surrender of company owned life insurance | - | 0 | 0 | 73,958 |
| Proceeds from sale of assets of subsidiary | - | 0 | 0 | 0 |
| Proceeds from principal payments, maturities and calls on held to maturity securities | 3,380 | 4,469 | 4,824 | 25,868 |
| Proceeds from sales of securities available for sale | 18,379 | 67,317 | 29,187 | 64,955 |
| Proceeds from sales of securities-held to maturity | - | - | 0 | - |
| Net decrease (increase) in loans | -25,199 | 69,854 | 56,482 | 63,217 |
| Proceeds from sale of other assets | - | 97 | - | - |
| Purchase of company owned life insurance | -72,883 | - | - | 72,905 |
| Purchases of premises and equipment | 650 | 2,121 | 1,015 | 2,412 |
| Net cash used in investing activities | -55,787 | -62,273 | -49,366 | -28,399 |
| Net increase in deposits | 131,533 | -151,461 | 201,795 | 51,283 |
| More than three months - borrowings | - | 0 | - | - |
| 'more than three months - repayments | - | 0 | 0 | - |
| 'three months or less, net | - | 54,000 | -44,000 | - |
| Repurchase of preferred stock | - | 0 | - | - |
| Proceeds from issuance of common stock | - | 0 | - | - |
| Issuance of long-term borrowings | - | 80,000 | - | - |
| Net increase (decrease) in short-term borrowings | 3,000 | - | - | 2,000 |
| Repayment of long-term borrowings | 115,000 | 0 | 0 | 10,000 |
| Long-term borrowing issuance costs | - | 1,358 | - | - |
| Purchases of common stock for treasury | 6,130 | 10,904 | 34 | 481 |
| Cash dividends paid to preferred shareholders | - | 1,458 | - | - |
| Cash dividends paid to common shareholders | - | 24,716 | - | - |
| Cash dividends paid to common and preferred shareholders | -12,968 | - | 6,602 | 12,970 |
| Net cash provided by financing activities | 8,799 | -36,325 | 149,159 | 29,832 |
| Net (decrease) increase in cash and cash equivalents | -23,300 | -77,194 | 92,911 | 5,713 |
| Cash and cash equivalents, beginning of period | 108,751 | 185,945 | 87,321 | - |
| Cash and cash equivalents, end of period | 85,451 | 108,751 | 185,945 | - |
FINANCIAL INSTITUTIONS INC (FIISO)
FINANCIAL INSTITUTIONS INC (FIISO)