The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 16,091 |
| Depreciation and amortization | 4,864 |
| Provision for credit losses | 38,573 |
| Noncash operating lease cost | 601 |
| Net (accretion) amortization in securities (discounts) and premiums | 18 |
| Other | 2,015 |
| Gain on sale of loans, net | 6,373 |
| Originations of strategic program loans held-for-sale | 5,719,396 |
| Proceeds from sale of strategic program loans held-for-sale | 5,665,342 |
| Change in fair value of bfg | 1,300 |
| Impairment (recovery) of sba servicing asset | 924 |
| Stock-based compensation expense | 3,579 |
| Noncash change in credit enhancement asset | 22,300 |
| Deferred income taxes | 3,192 |
| Accrued interest receivable | 141 |
| Other assets | 6,009 |
| Accrued interest payable | 1,138 |
| Operating lease liabilities | -894 |
| Other liabilities | 2,102 |
| Net cash used in operating activities | -28,424 |
| Net increase in loans receivable | 188,176 |
| Purchase of lease pools | 44,362 |
| Proceeds from sales of loans held-for-investment | 105,863 |
| Proceeds from sales of assets subject to operating leases | 468 |
| Purchase of investment securities available-for-sale | 0 |
| Purchase of bank premises and equipment, net | 219 |
| Purchase of assets subject to operating leases | 5,548 |
| Proceeds from maturities of securities available-for-sale | 2,500 |
| Proceeds from maturities and paydowns of securities held-to-maturity | 2,653 |
| (purchase) redemption of fhlb stock | 91 |
| Net cash used in investing activities | -126,912 |
| Net increase in deposits | 209,609 |
| Common stock repurchased | 0 |
| Proceeds from exercise of stock options | 481 |
| Payment of taxes related to net share settlement of equity awards | 516 |
| Repayment of ppp liquidity facility | 0 |
| Net cash provided by financing activities | 209,574 |
| Net change in cash, cash equivalents and restricted cash | 54,238 |
| Cash, cash equivalents and restricted cash, beginning of the period | 109,162 |
| Cash, cash equivalents and restricted cash, end of the period | 163,400 |
Finwise Bancorp (FINW)
Finwise Bancorp (FINW)