For the quarter ending 2026-03-31, NPB had -$51,709K decrease in cash & cash equivalents over the period. -$33,020K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | -37,612 | 59,766 | - |
| Depreciation | -1,297 | 615 | 1,276 |
| Provision (benefit) for credit loss and unfunded commitments-Financing Receivables Excluding Unfunded Loan Commitments | -3,254 | 853 | 1,932 |
| Provision (benefit) for credit loss and unfunded commitments-Unfunded Loan Commitment | 103 | -24 | -55 |
| Amortization of intangible asset | -293 | 146 | 293 |
| Amortization of debt issuance costs | -190 | 22 | 248 |
| Net gain on sale of loans | -42,345 | 58,892 | - |
| Proceeds from sales of loans held for sale | -973,885 | 648,715 | 964,924 |
| Origination of mortgage loans held for sale | -958,884 | 564,662 | 1,010,426 |
| Net loss on sale of other real estate | -170 | 282 | -112 |
| Net loss on disposal of premises and equipment | - | 0 | - |
| Net loss on sale of mortgage servicing rights | - | 0 | 0 |
| Net gain on sale of available for sale debt securities | - | 0 | 0 |
| Write-down of other real estate | 171 | - | - |
| Net gain on extinguishment of debt | -2,048 | 0 | 2,048 |
| Change in fair value of mortgage servicing rights ('msr') | 3,241 | -910 | -1,009 |
| Deferred tax expense | 1,156 | -482 | -386 |
| Change in fair value of equity securities | -45 | 13 | 24 |
| Change in mortgage banking derivatives | 3,946 | -30 | -113 |
| Other assets | 13,010 | -2,869 | -14,387 |
| Other liabilities | -3,054 | 513 | 11,113 |
| Purchase of mortgage servicing rights | - | 0 | 296 |
| Net cash and cash equivalents provided by operating activities | -34,860 | 90,430 | -17,878 |
| Purchase of fhlb stock | - | 10,535 | 0 |
| Proceeds from sale of available for sale debt securities | - | 4,000 | 0 |
| Purchase of available for sale debt securities | - | 0 | 0 |
| Proceeds from sale of mortgage servicing rights | - | 0 | 0 |
| Proceeds from sales of other real estate | -3,321 | 606 | 2,715 |
| Purchases of premises and equipment | -1,840 | 794 | 1,463 |
| Net increase in loans | -1,181,665 | 467,222 | 1,103,438 |
| Contributions from lender risk account ('lra') | - | 234 | 724 |
| Contributions to lender risk account ('lra') | 324 | - | - |
| Proceeds from lra | -1,259 | 482 | 1,670 |
| Net cash and cash equivalents used in investing activities | 1,186,390 | -473,697 | -1,101,536 |
| Net change in deposits | -1,215,332 | 295,566 | 1,051,516 |
| Cash dividends paid on common stock | -1,499 | 860 | 1,500 |
| Subordinated debt call and repayment | -15,000 | 0 | 15,000 |
| Subordinated debt issuance, net of costs | 19,877 | 0 | - |
| Advances of fhlb borrowings | -402,500 | 485,000 | 352,500 |
| Repayment of fhlb borrowings | -416,702 | 472,500 | 374,202 |
| Net change in other borrowings | 65,462 | 81,605 | 39,929 |
| Restricted stock units issuance | - | 0 | 714 |
| Issuance of common stock, net | -114,150 | 0 | 114,150 |
| Preferred stock dividend | -6,029 | 1,979 | 4,503 |
| Preferred stock repurchase | -4,902 | 62 | 4,840 |
| Proceeds from exercised stock options | -14 | 0 | 14 |
| Net cash and cash equivalents provided by financing activities | -1,203,239 | 386,770 | 1,158,778 |
| Net decrease in cash and cash equivalents | -51,709 | 3,503 | 39,364 |
| Cash and cash equivalents - beginning of year | 419,162 | 376,295 | - |
| Cash and cash equivalents - end of year | 487,617 | 419,162 | - |
NORTHPOINTE BANCSHARES INC (NPB)
NORTHPOINTE BANCSHARES INC (NPB)