For the quarter ending 2025-09-30, MSBIP had -$10,440K decrease in cash & cash equivalents over the period. $78,612K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|
| Net (loss) income | 7,557 | -128,950 | - |
| Provision for credit losses | 20,005 | 28,219 | - |
| Depreciation on premises and equipment | 1,216 | 2,456 | - |
| Impairment on goodwill | 0 | 153,977 | - |
| Amortization of intangible assets | 743 | 1,738 | - |
| Amortization of operating lease right-of-use asset | 390 | 788 | - |
| Amortization of loan servicing rights | 564 | 1,139 | - |
| Share-based compensation expense | 651 | 1,534 | - |
| Increase in cash surrender value of life insurance | 2,090 | 4,059 | - |
| Gain on proceeds from company-owned life insurance | 0 | 343 | - |
| Investment securities accretion, net | 3,350 | 6,937 | - |
| (gain) loss on sales of investment securities, net | 14 | 0 | - |
| Gain on repurchase of subordinated debt | 0 | 0 | - |
| Gain on sales of other real estate owned | 0 | 39 | - |
| Impairment on other real estate owned | 0 | 0 | - |
| Origination of loans held for sale | 29,644 | 45,532 | - |
| Proceeds from sales of loans and leases held for sale | 59,999 | 47,026 | - |
| Gain on sale of loans held for sale | 660 | 1,303 | - |
| Accrued interest receivable | 1,619 | -276 | - |
| Credit enhancement asset | -35 | -11,004 | - |
| Other assets | -10,330 | -12,539 | - |
| Accrued expenses and other liabilities | 15,872 | -20,777 | - |
| Net cash provided by operating activities | 79,985 | 28,056 | 24,700 |
| Purchases of investment securities available for sale | 182,011 | 36,898 | 181,409 |
| Proceeds from sales of investment securities available for sale | 103,759 | 0 | - |
| Maturities and payments on investment securities available for sale | 68,645 | 53,249 | 42,543 |
| Purchases of equity securities | 119 | 15 | 18 |
| Net decrease in loans | -155,919 | -142,578 | -189,065 |
| Proceeds from settlements of company-owned life insurance | - | - | 1,166 |
| Proceeds from sales of consumer loans held for sale | 0 | 61,099 | - |
| Purchases of premises and equipment | 1,373 | 1,387 | 1,846 |
| Purchases of nonmarketable equity securities | 26,972 | 42,963 | 37,237 |
| Proceeds from redemptions of nonmarketable equity securities | 27,393 | 49,813 | 26,418 |
| Proceeds from sales of other real estate owned | 0 | 3,991 | 783 |
| Proceeds from company-owned life insurance, net | 0 | -1,166 | - |
| Net cash provided by investing activities | 145,241 | 229,467 | 39,465 |
| Net decrease in deposits | -342,094 | 10,485 | -260,809 |
| Net increase (decrease) in short-term borrowings | 138,112 | -31,570 | -47,275 |
| Net increase (decrease) in short-term fhlb advances | -22,000 | -158,000 | 240,000 |
| Proceeds from long-term fhlb advances | 125,000 | 128,000 | 75,000 |
| Payments made on long-term fhlb advances and other borrowings | 75,000 | 123,000 | 75,000 |
| Payments made on subordinated debt | 50,750 | 0 | - |
| Cash dividends paid on preferred stock | 2,229 | 2,228 | 2,228 |
| Cash dividends paid on common stock | 7,017 | 6,785 | 6,782 |
| Common stock repurchased | 0 | 0 | 0 |
| Proceeds from issuance of common stock under employee benefit plans | 312 | 156 | 169 |
| Net cash used in financing activities | -235,666 | -182,942 | -76,925 |
| Net increase (decrease) in cash and cash equivalents | -10,440 | 74,581 | -12,760 |
| Cash and cash equivalents at beginning of period | 114,766 | - | - |
| Cash and cash equivalents at end of period | 166,147 | - | - |
Midland States Bancorp, Inc. (MSBIP)
Midland States Bancorp, Inc. (MSBIP)