For the quarter ending 2026-03-31, MCHB had -$546,470K decrease in cash & cash equivalents over the period. $8,762K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income | 44,090 | 124,302 | 141,437 |
| Provision (reversal of provision) for credit losses on loans | 7,593 | -22,160 | 42,663 |
| Originations of loans held for sale and principal collections, net | 52,583 | 60,627 | 61,287 |
| Proceeds from sales of loans held for sale | 55,063 | 111,390 | 46,993 |
| Net fair value adjustment and gain on sale of loans held for sale | -1,143 | -1,665 | -659 |
| Provision for credit losses on unfunded lending commitments | 174 | -1,316 | 329 |
| Amortization (accretion) of premiums and discounts on investment securities | 2,008 | 1,794 | -3,178 |
| Depreciation of premises and equipment | 3,378 | 3,512 | 7,108 |
| Amortization of intangible assets | 7,222 | 7,479 | 9,655 |
| Amortization of premiums and discounts on debt and deposits | - | 1,678 | 700 |
| Net loss on debt extinguishment | - | 0 | -835 |
| Amortization of premiums and discounts on debt and deposits | 1,674 | - | - |
| Share-based compensation expense | 1,338 | 4,807 | 785 |
| Increase in cash surrender value of bank-owned life insurance | 1,336 | 1,207 | 3,198 |
| Net gain on sales and calls of investment securities | 52 | 276 | 4,292 |
| Net loss on sale, disposal and write-down of other real estate owned | -332 | 1,128 | -3,442 |
| Net loss (gain) on sale and disposal of premises and equipment | - | 0 | -100 |
| Deferred income tax expense | 8,672 | 14,855 | -3,844 |
| Amortization of deferred loan fees and costs | -2,125 | -2,218 | -9,909 |
| Amortization of premiums and discounts on purchased loans | - | 14,790 | 7,959 |
| Amortization (accretion) of premiums and discounts on purchased loans | 12,836 | - | - |
| Origination, amortization and change in fair value of msrs, net | 1,832 | 2,594 | 1,108 |
| Net increase in trading securities | 724 | -691 | 98 |
| Bargain purchase gain | - | 55,097 | 90,363 |
| Interest receivable and other assets | 6,789 | -23,743 | -53,598 |
| Interest payable and other liabilities | -44,620 | -23,286 | -70,471 |
| Net cash provided by (used in) operating activities | 11,402 | 113,923 | 79,669 |
| Purchases | 141,552 | 646,520 | 561,139 |
| Sales | - | 1,644 | 930,123 |
| Available For Sale | 172,032 | 163,487 | 252,179 |
| Held To Maturity | 22,694 | 26,566 | 77,720 |
| Loan originations and principal collections, net | 324,111 | 239,207 | 835,542 |
| Purchases of loans | 3,478 | -126,132 | 172,296 |
| Recoveries of loans charged-off | 3,089 | 3,320 | 9,213 |
| Proceeds from sales of loans | 7,538 | 39,204 | - |
| Proceeds from the settlement of bank-owned life insurance | - | 31 | 6,748 |
| Proceeds from sales of other real estate owned | - | 0 | 13,303 |
| Proceeds from sales of premises and equipment | - | 0 | 887 |
| Purchases of premises and equipment | 2,640 | 3,490 | 3,023 |
| Redemptions of federal home loan bank stock | 3 | 2 | 49,873 |
| Net cash acquired in merger | - | 0 | 156,890 |
| Net cash provided by (used in) investing activities | 381,797 | -50,417 | 1,596,020 |
| Net increase (decrease) in deposits | -782,101 | -427,609 | -232,753 |
| Repayment of long-term fhlb advances | - | 0 | 1,000,000 |
| Net decrease in bank term funding | - | 0 | 0 |
| Repayment of subordinated debt | - | 0 | 0 |
| Repayment of senior notes | 65,000 | - | - |
| Cash dividends paid | 92,568 | 48,561 | 0 |
| Net cash provided by (used in) financing activities | -939,669 | -476,170 | -1,232,753 |
| Net decrease in cash and cash equivalents | -546,470 | -412,664 | 442,936 |
| Cash and cash equivalents at beginning of period | 1,029,983 | 1,442,647 | 999,711 |
| Cash and cash equivalents at end of period | 483,513 | 1,029,983 | 1,442,647 |
Mechanics Bancorp (MCHB)
Mechanics Bancorp (MCHB)