For the quarter ending 2025-09-30, FSBW had $28,085K increase in cash & cash equivalents over the period. $41,613K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 9,177 | 15,749 |
| Provision for credit losses | 2,309 | 3,613 |
| Depreciation, amortization and accretion | 3,188 | 6,256 |
| Compensation expense related to stock options and restricted stock awards | 583 | 1,038 |
| Earnings on cash surrender value of boli | 268 | 505 |
| Gain on sale of loans held for sale | 2,439 | 3,672 |
| Gain on sale of msrs | 0 | 0 |
| Loss on sale of investment securities, net | 0 | 0 |
| Change in fair value on portfolio loans measured under the fair value option | 203 | 266 |
| Origination of loans held for sale | 128,911 | 225,320 |
| Proceeds from sale of loans held for sale | 157,774 | 221,880 |
| Gain on purchase of tax credits | 0 | 660 |
| Purchase of tax credits | 0 | 7,587 |
| (recovery) impairment of msrs | -6 | 29 |
| Accrued interest receivable | 852 | 389 |
| Other assets | -2,688 | -5,458 |
| Other liabilities | 1,596 | -302 |
| Net cash from operating activities | 44,636 | 15,322 |
| Proceeds from sale of investment securities | 0 | 0 |
| Maturities, prepayments, and calls | 9,442 | 26,174 |
| Purchases | 15,184 | 46,540 |
| Purchases | 2,750 | 23,235 |
| Maturities, prepayments, and calls | 3,000 | - |
| Maturities of certificates of deposit at other financial institutions | 248 | 1,479 |
| Purchase of certificates of deposit at other financial institutions | 0 | 0 |
| Portfolio loan originations and principal collections, net | 33,408 | 98,600 |
| Proceeds from sale of msrs | 0 | 0 |
| Proceeds from sale of portfolio loans | 2,309 | 0 |
| Purchase of portfolio loans | 0 | 3,956 |
| Purchase of premises and equipment | 3,023 | 1,642 |
| Proceeds from bank owned life insurance death benefits | 0 | 771 |
| Change in fhlb stock, net | -3,604 | -4,042 |
| Net cash used by investing activities | -35,762 | -141,507 |
| Net increase (decrease) in deposits | 133,110 | 213,937 |
| Proceeds from borrowings | 12,436 | 614,000 |
| Repayments of borrowings | 117,436 | 687,501 |
| Dividends paid on common stock | 3,804 | 4,353 |
| Disbursements from stock options exercised, net | -20 | 0 |
| Common stock repurchased for employee/director taxes paid on restricted stock awards | 464 | - |
| Issuance of common stock - employee stock purchase plan | 287 | 650 |
| Common stock repurchased | 4,898 | 8,988 |
| Net cash from (used by) financing activities | 19,211 | 127,745 |
| Net increase (decrease) in cash and cash equivalents | 28,085 | 1,560 |
| Cash and cash equivalents at beginning of period | 31,635 | - |
| Cash and cash equivalents at end of period | 61,280 | - |
FS Bancorp, Inc. (FSBW)
FS Bancorp, Inc. (FSBW)