For the quarter ending 2025-12-31, KRNY had $17,201K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 9,449 | 9,506 | 26,075 |
| Depreciation and amortization of premises and equipment | 1,014 | 1,042 | - |
| Net accretion of yield adjustments | 290 | 139 | 1,134 |
| Depreciation and amortization of premises and equipment | - | - | 4,386 |
| Deferred income taxes | -338 | 1,892 | - |
| Amortization of intangible assets | 118 | 119 | 495 |
| Net change in benefit plan accrued expense | -36 | -35 | - |
| Provision for credit losses | 567 | -82 | 2,366 |
| Goodwill impairment | - | - | 0 |
| Loans originated for sale | 33,566 | 28,605 | 111,975 |
| Loss on sale of other real estate owned | - | - | 0 |
| Proceeds from sale of mortgage loans held-for-sale | 31,654 | 28,085 | 112,886 |
| Net change in benefit plan accrued expense | - | - | 609 |
| Gain on sale of mortgage loans held-for-sale, net | 224 | 199 | 806 |
| Realized loss on sale/call of securities available for sale | - | - | 0 |
| Realized gain on sale of loans receivable | - | - | 0 |
| Deferred income taxes | - | - | -942 |
| Realized (gain) loss on disposition of premises and equipment | -16 | 749 | -24 |
| Increase in cash surrender value of bank owned life insurance | 2,710 | 2,689 | 10,449 |
| Esop and stock-based compensation expense | 956 | 847 | 3,176 |
| Decrease in interest receivable | -2,040 | 1,362 | -1,423 |
| Decrease (increase) in other assets | -4,350 | -645 | -6,517 |
| Decrease in interest payable | 635 | -2,108 | -4,731 |
| Decrease in other liabilities | 676 | -4,664 | -3,149 |
| Additions to premises and equipment | - | - | 3,383 |
| Net cash provided by (used in) operating activities | 14,311 | 1,504 | 24,771 |
| Purchase of loans | - | - | 730 |
| Investment securities available for sale | 116,903 | 71,170 | 104,885 |
| Investment securities held to maturity | 180 | - | 240 |
| Sale of investment securities available for sale | - | - | 0 |
| Repayments/calls/maturities of investment securities available for sale | 137,380 | 79,405 | 183,816 |
| Repayments/calls/maturities of investment securities held to maturity | 4,028 | 3,507 | 15,640 |
| Purchase of loans | 26,561 | 5,053 | - |
| Net decrease (increase) in loans receivable | -40,847 | -50,763 | 66,041 |
| Purchase of interest rate contracts | 1,274 | - | 2,729 |
| Additions to premises and equipment | 367 | 367 | - |
| Proceeds from death benefit of bank owned life insurance | 634 | 301 | 3,606 |
| Proceeds from sale of other real estate owned | - | - | 0 |
| Proceeds from cash settlement of premises and equipment | 0 | 2,629 | 16 |
| Proceeds from sale of loans receivable | - | - | 0 |
| Purchase of fhlb stock | 4,494 | 9,900 | 54,450 |
| Net surrender of bank owned life insurance | - | - | 0 |
| Redemption of fhlb stock | 9,293 | 12,150 | 70,489 |
| Net cash provided by investing activities | 42,403 | 62,265 | 41,109 |
| Net increase in deposits | 79,668 | -43,333 | 517,113 |
| Repayment of term fhlb advances | 806,500 | 1,200,000 | 4,183,500 |
| Proceeds from term fhlb advances and other borrowings | 600,000 | 1,100,000 | 3,855,000 |
| Net increase (decrease) in other short-term borrowings | 95,000 | 50,000 | -125,000 |
| Net (decrease) increase in advance payments by borrowers for taxes | -787 | -56 | 1,908 |
| Cancellation of shares repurchased on vesting to pay taxes | 0 | 415 | 362 |
| Repurchase and cancellation of common stock of kearny financial corp | - | - | 0 |
| Dividends paid | 6,894 | 7,095 | 27,634 |
| Net cash (used in) provided by financing activities | -39,513 | -100,899 | 37,525 |
| Net (decrease) increase in cash and cash equivalents | 17,201 | -37,130 | 103,405 |
| Cash and cash equivalents at beginning of period | 130,139 | 167,269 | - |
| Cash and cash equivalents at end of period | 147,340 | 130,139 | - |
Kearny Financial Corp. (KRNY)
Kearny Financial Corp. (KRNY)