For the quarter ending 2026-03-31, HWBK had -$2,394K decrease in cash & cash equivalents over the period. $6,100K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net interest income | 17,102 | 17,579 | 48,301 | - |
| Bank Segment-Operating Segments | - | 360 | - | - |
| Hawthorn Bank Segment-Operating Segments | 89 | - | -16 | - |
| Operating Segments-Wealth Management Segment | - | 0 | - | - |
| Hawthorn Wealth Management Segment-Operating Segments | 0 | - | 0 | - |
| Material Reconciling Items | 0 | 0 | 0 | - |
| Provision for (release of) credit losses | 73 | 376 | -16 | - |
| Salaries and employee benefits | 6,814 | 7,019 | 20,822 | - |
| Occupancy, furniture and equipment expense | 1,322 | 1,091 | 3,282 | - |
| Processing, network, and bank card expense | 1,418 | 1,440 | 4,216 | - |
| Legal, examination, and professional fees | 802 | 307 | 1,391 | - |
| Bank Segment-Operating Segments | - | 2,328 | - | - |
| Hawthorn Bank Segment-Operating Segments | -1,242 | - | 1,681 | - |
| Operating Segments-Wealth Management Segment | - | 0 | - | - |
| Hawthorn Wealth Management Segment-Operating Segments | 0 | - | 0 | - |
| Material Reconciling Items | 0 | 0 | 0 | - |
| Depreciation | 439 | 647 | 1,681 | - |
| Other | 2,208 | 2,754 | 6,197 | - |
| Total operating expenses | 13,003 | 13,258 | 37,589 | - |
| Non-interest income | 3,101 | 3,585 | 10,724 | - |
| Bank Segment-Operating Segments | - | 117 | - | - |
| Hawthorn Bank Segment-Operating Segments | -97 | - | 102 | - |
| Operating Segments-Wealth Management Segment | - | 0 | - | - |
| Hawthorn Wealth Management Segment-Operating Segments | 0 | - | 0 | - |
| Material Reconciling Items | 0 | 0 | 0 | - |
| Investment securities gains (losses), net | 5 | 15 | 105 | - |
| Gain on cancellation of debt | - | 14 | - | - |
| Proceeds from the sale of mortgage servicing rights | - | 0 | - | 0 |
| Income taxes | 1,389 | 1,360 | 3,938 | - |
| (release of) provision for other real estate owned | - | -225 | 0 | 184 |
| Net income | 5,743 | 6,185 | 6,132 | 11,484 |
| Provision (release of) for credit losses on loans and unfunded commitments | 73 | 376 | 375 | -391 |
| Depreciation expense | 439 | 560 | 541 | 1,140 |
| Decrease in operating lease liabilities | - | 105 | 104 | 138 |
| Net amortization of investment securities, premiums, and discounts | 77 | 88 | 93 | 208 |
| Change in fair value of mortgage servicing rights | - | 0 | - | 0 |
| Provision for valuation allowance for premises and equipment held for sale | 278 | - | - | - |
| Investment securities (gains) losses, net | 5 | 15 | 105 | -3 |
| Losses on sales and dispositions of premises and equipment | 5 | 2 | 13 | 48 |
| Gain on sales and dispositions of other real estate | 0 | -225 | 0 | 28 |
| Provision for valuation allowance for other real estate owned | 34 | - | - | - |
| Share-based compensation expense | 122 | 111 | 104 | 177 |
| Increase in cash surrender value - life insurance | 357 | 386 | 381 | 765 |
| Decrease in accrued interest receivable and other assets | -1,263 | -7,663 | 6,172 | 384 |
| Increase (decrease) in operating lease liabilities | 39 | - | - | - |
| Increase in accrued interest payable and other liabilities | 271 | -137 | 1,250 | 49 |
| Origination of mortgage loans held for sale | 14,690 | 5,224 | 3,562 | 2,661 |
| Proceeds from the sale of mortgage loans held for sale | 14,766 | 6,168 | 2,208 | 2,903 |
| Gain on sale of mortgage loans, net | 77 | 128 | 78 | 242 |
| Net cash provided by operating activities | 7,971 | 15,140 | 288 | 11,491 |
| Purchase of certificates of deposit in other banks | -1,000 | -1,000 | 0 | 0 |
| Proceeds from maturities of certificates of deposit in other banks | 1,000 | 1,000 | - | - |
| Purchase of bank-owned life insurance | - | 0 | 0 | 0 |
| Net decrease (increase) in loans | -33,179 | -26,088 | 51,145 | -3,229 |
| Purchase of available-for-sale debt securities | 4,515 | 1,850 | 5,445 | 13,332 |
| Proceeds from maturities of available-for-sale debt securities | 5,865 | 12,255 | 9,092 | 7,623 |
| Proceeds from calls of available-for-sale debt securities | 12 | 11 | 6,245 | 3,755 |
| Proceeds from sales of available-for-sale debt securities | - | 0 | - | - |
| Purchases of fhlb stock | 32,527 | 50,776 | 39,173 | 9,657 |
| Proceeds from sales of fhlb stock | 32,881 | 54,116 | 37,508 | 7,147 |
| Purchases of premises and equipment | 1,871 | 2,132 | 1,022 | 924 |
| Proceeds from sales of premises and equipment | 29 | 53 | 12 | 49 |
| Proceeds from sales of other real estate and repossessed assets | 0 | -1 | 0 | 1,418 |
| Net cash provided by (used in) investing activities | 33,053 | 37,764 | -43,928 | -692 |
| Net increase in demand deposits | 1,865 | -869 | 4,523 | 34,892 |
| Net decrease in interest bearing transaction accounts | -38,753 | 39,010 | -157 | -58,123 |
| Net increase (decrease) in time deposits | 1,055 | -9,909 | 3,565 | 8,035 |
| Net decrease in federal funds purchased and securities sold under agreements to repurchase | - | 0 | - | - |
| Repayment of fhlb advances and other borrowings | 727,000 | 4,986 | -135,086 | 170,100 |
| Proceeds from fhlb advances and other borrowings | 719,290 | 0 | -228,100 | 228,675 |
| Net increase (decrease) in short term fhlb borrowings | - | -70,000 | 130,000 | - |
| Proceeds from financing obligation | 1,908 | - | - | - |
| Purchase of treasury stock | 400 | 331 | 308 | 2,222 |
| Cash dividends paid - common stock | 1,383 | 1,382 | 1,388 | 2,656 |
| Net cash provided by (used in) financing activities | -43,418 | -48,467 | 43,221 | 38,501 |
| Net (decrease) increase in cash and cash equivalents | -2,394 | 4,437 | -419 | 49,300 |
| Cash and cash equivalents, beginning of period | 104,312 | 99,875 | 50,994 | - |
| Cash and cash equivalents, end of period | 101,918 | 104,312 | 99,875 | - |
HAWTHORN BANCSHARES, INC. (HWBK)
HAWTHORN BANCSHARES, INC. (HWBK)