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Cash Flow Overview

Change in Cash
$480K
Free Cash flow
$48,591K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Net increase in deposits
    • Principal repayments, maturities...
    • Increase/(decrease) in accrued e...
    • Others
Negative Cash Flow Breakdown
    • Net increase in loans, net of pa...
    • Purchase of securities available...
    • Deferred tax expense
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net interest income
63,921
59,896
56,542
144,368
Noninterest income
22,131
22,597
21,659
60,426
Total income
86,052
82,493
78,201
204,794
Provision For Doubtful Accounts
8,088
7,327
7,671
15,847
Provision for credit losses
8,088
7,327
7,671
15,847
Compensation and benefits
39,602
39,365
36,796
108,696
Premises and equipment expense
5,833
5,688
6,015
16,483
Depreciation expense
1,176
1,170
1,127
1,067
Federal Deposit Insurance Corporation Premium Expense Benefit
1,495
1,388
1,565
3,245
Fdic insurance expense
1,495
1,388
1,565
3,245
Professional and legal fees
1,532
-3,253
-
-
Trust Department Expense
1,189
1,180
-
-
Trust department expense
1,189
-2,066
-
-
Other noninterest expense
-
-
30,253
-
Other operating expense
4,840
-17,123
-
22,218
Total noninterest expense
-
-
230,686
-
Total operating expense
63,755
-106,710
-
169,477
Income before income tax expense
22,297
19,726
16,992
35,317
Income tax expense
6,325
5,573
4,833
10,150
Net income
15,972
14,153
12,159
9,631
Depreciation
1,176
1,170
1,127
1,067
Amortization of premium and accretion of discount on securities, net
-13
49
32
-6
Amortization of restricted stock
1,486
555
1,241
1,233
Amortization of intangible assets
243
244
271
273
Write-off of subordinated debt costs
0
938
-
-
Amortization of subordinated debt costs
0
32
49
48
Provision for credit losses
8,088
7,327
7,671
4,790
Deferred tax expense
-10,819
7,608
10,703
-228
Stock-based compensation and employee stock purchase plan expense
54
56
48
56
Fair value adjustment for equity security
-55
-84
56
125
Loss/(gain) on securities available for sale
0
-81
0
0
Loans originated for sale
3,152
12,596
4,645
5,726
Proceeds from sales of loans held for sale
8,591
9,647
8,650
3,132
Gain on loans held for sale
506
475
594
209
Loss/(gain) on loans held for sale at lower of cost or fair value
-
-
0
-364
Loss on disposal of fixed assets
-
-
-313
15
Gain on life insurance death benefit
-
-
8
-
Increase in cash surrender value of life insurance, net
175
135
-352
142
Increase in accrued interest receivable
945
1,144
-2,149
911
Decrease in other assets
-13,149
-505
12,650
5,818
Increase/(decrease) in accrued expenses and other liabilities
17,993
-3,406
-27,872
28,760
Net cash provided by operating activities
51,223
24,595
-1,124
36,186
Principal repayments, maturities and calls of securities available for sale
174,888
178,179
205,618
169,027
Principal repayments, maturities and calls of securities held to maturity
901
16,364
1,531
1,191
Redemptions of fhlb and frb stock
6,829
29,310
4,776
93
Proceeds from sales of securities available for sale
0
97,019
0
0
Purchase of securities available for sale
218,532
214,500
218,755
150,371
Purchase of fhlb and frb stock
5,590
28,875
7,994
13
Proceeds from sale of loans held for sale at lower of cost or fair value
-
-
-1,250
364
Net increase in loans, net of participations sold
247,737
191,973
241,293
217,848
Purchase of premises and equipment
2,632
1,294
2,521
2,186
Disposal of premises and equipment
-18
-61
274
-21
Net cash used in investing activities
-291,855
-115,709
-257,662
-200,450
Net increase in deposits
230,833
237,787
26,817
199,039
Net increase in short-term borrowings
11,024
-9,437
73,267
-
Dividends paid on preferred stock
195
-
-
-
Dividends paid on common stock
886
879
877
877
Exercise of stock options, net of stock swaps
-
-
0
-
Restricted stock repurchased on vesting to pay taxes
11
1,074
0
0
Repayment of subordinated debt
0
100,000
0
0
Equity adjustment related to reit minority interest
-
-
-58
-
Proceeds from issuance of preferred stock
0
30,000
0
-
Issuance of shares for employee stock purchase plan
347
311
271
352
Shares repurchased
-
-
0
2,666
Net cash provided by financing activities
241,112
156,708
99,420
195,848
Net increase/(decrease) in cash and cash equivalents
480
65,594
-159,366
31,584
Cash and cash equivalents at beginning of period
253,414
187,820
347,186
391,367
Cash and cash equivalents at end of period
253,894
253,414
187,820
347,186
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net interest income$63,921K Noninterest income$22,131K Total income$86,052K Income before incometax expense$22,297K Canceled cashflow$63,755K Net increase indeposits$230,833K (-1.40%↓ Y/Y)Net increase inshort-term borrowings$11,024K Increase/(decrease) in accruedexpenses and other...$17,993K (175.10%↑ Y/Y)Net income$15,972K (2.81%↑ Y/Y)Decrease in other assets-$13,149K (-321.85%↓ Y/Y)Proceeds from sales ofloans held for sale$8,591K (-50.73%↓ Y/Y)Issuance of shares foremployee stock purchase...$347K (-31.96%↓ Y/Y)Canceled cashflow$6,325K Provision for creditlosses$8,088K (-26.85%↓ Y/Y)Amortization of restrictedstock$1,486K (-47.79%↓ Y/Y)Depreciation$1,176K (-38.78%↓ Y/Y)Amortization of intangibleassets$243K (-55.25%↓ Y/Y)Fair valueadjustment for equity...-$55K (-123.21%↓ Y/Y)Stock-based compensationand employee stock...$54K (-43.16%↓ Y/Y)Amortization of premium andaccretion of discount on...-$13K (-122.03%↓ Y/Y)Total operatingexpense$63,755K Net cash provided byfinancing activities$241,112K (24.40%↑ Y/Y)Net cash provided byoperating activities$51,223K (534.73%↑ Y/Y)Canceled cashflow$1,092K Canceled cashflow$15,597K Income tax expense$6,325K Compensation and benefits$39,602K Provision for creditlosses$8,088K (-26.85%↓ Y/Y)Premises and equipmentexpense$5,833K Other operatingexpense$4,840K Professional and legal fees$1,532K Fdic insuranceexpense$1,495K Trust departmentexpense$1,189K Depreciation expense$1,176K (-38.78%↓ Y/Y)Netincrease/(decrease) in cash and cash...$480K (100.63%↑ Y/Y)Canceled cashflow$291,855K Dividends paid on commonstock$886K (-49.86%↓ Y/Y)Dividends paid onpreferred stock$195K Restricted stockrepurchased on vesting to pay...$11K (-99.12%↓ Y/Y)Principal repayments,maturities and calls of...$174,888K (-49.77%↓ Y/Y)Redemptions of fhlb and frbstock$6,829K (-69.26%↓ Y/Y)Principal repayments,maturities and calls of...$901K (-69.67%↓ Y/Y)Disposal of premises andequipment-$18K (-12.50%↓ Y/Y)Deferred tax expense-$10,819K (-302.04%↓ Y/Y)Loans originated forsale$3,152K (-76.52%↓ Y/Y)Increase in accruedinterest receivable$945K (-71.46%↓ Y/Y)Gain on loans held forsale$506K (-44.58%↓ Y/Y)Increase in cashsurrender value of life...$175K (-32.17%↓ Y/Y)Provision For DoubtfulAccounts$8,088K Federal DepositInsurance Corporation...$1,495K Trust DepartmentExpense$1,189K Net cash used ininvesting activities-$291,855K (-5.12%↓ Y/Y)Canceled cashflow$182,636K Net increase inloans, net of...$247,737K (-19.82%↓ Y/Y)Purchase of securitiesavailable for sale$218,532K (-40.01%↓ Y/Y)Purchase of fhlb and frbstock$5,590K (-73.76%↓ Y/Y)Purchase of premises andequipment$2,632K (-72.61%↓ Y/Y)

PEAPACK GLADSTONE FINANCIAL CORP (PGC)

PEAPACK GLADSTONE FINANCIAL CORP (PGC)