For the quarter ending 2025-06-30, HNVR had $1,678K increase in cash & cash equivalents over the period. $1,734K in free cash flow.
| Cash Flow | 2025-06-30 |
|---|---|
| Stock-based compensation | 886 |
| Provision for credit losses | 2,957 |
| Proceeds from loans held for sale | 42,597 |
| Origination of loans held for sale | 45,816 |
| Payments on operating leases | 1,066 |
| Net income | 3,964 |
| Loan servicing rights valuation adjustments | 518 |
| Decrease in other liabilities | -2,086 |
| Decrease (increase) in other assets | -1,628 |
| Decrease in accrued interest payable | -59 |
| Decrease (increase) in accrued interest receivable | -184 |
| Net gain on sale of loans | 4,650 |
| Amortization of right-of-use assets | 1,053 |
| Depreciation and amortization | 974 |
| Amortization of intangible assets | 28 |
| Amortization of debt issuance costs | 27 |
| Net amortization of premiums, discounts and loan fees and costs | -913 |
| Net cash provided by operating activities | 2,052 |
| Proceeds from sales of securities available-for-sale | 0 |
| Principal repayments of securities held to maturity | 163 |
| Maturities, prepayments and calls of securities available-for-sale | 79,926 |
| Purchases of premises and equipment | 318 |
| Purchases of securities available-for-sale | 98,156 |
| Net increase in loans | 36,652 |
| Repayments (purchases) of restricted securities, net | 16 |
| Proceeds from loans held for sale previously classified as portfolio loans | 60,344 |
| Net cash provided by (used in) investing activities | 5,323 |
| Payments related to tax withholding for equity awards | 731 |
| Cash dividends paid | 1,499 |
| Net (decrease) increase in deposits | -2,999 |
| Proceeds from exercise of stock options, net | -468 |
| Net cash (used in) provided by financing activities | -5,697 |
| Increase (decrease) in cash and cash equivalents | 1,678 |
Hanover Bancorp, Inc. NY (HNVR)
Hanover Bancorp, Inc. NY (HNVR)