For the year ending 2025-12-31, PNBK had $44,518K increase in cash & cash equivalents over the period. -$14,342K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -12,710 |
| Accretion of investment premiums and discounts, net | 336 |
| Amortization and accretion of purchase loan premiums and discounts, net | 174 |
| Amortization of debt issuance costs | 193 |
| Amortization of core deposit intangible | 47 |
| Amortization of servicing assets of sold sba loans | 153 |
| Impairment of intangible assets | 0 |
| Provision for credit losses | 1,505 |
| Depreciation and amortization | 986 |
| Loss (gain) on sales of available-for-sale securities | 0 |
| Gain on sale of premises and equipment | 1 |
| Share-based compensation | 5,233 |
| Decrease (increase) in deferred tax assets | 0 |
| Increase in deferred tax liabilities | 59 |
| Originations of loans held for sale, net | 908,916 |
| Proceeds from sale of loans held for sale | 896,135 |
| Gains on sale of loans held for sale, net | -2,230 |
| Net gain on sale and write-down of other real estate owned | -77 |
| Decrease in accrued interest and dividends receivable | -619 |
| (increase) decrease in other assets | -808 |
| Decrease in accrued expenses and other liabilities | -78 |
| Net cash provided by (used in) operating activities | -14,170 |
| Proceeds from maturity or sales on available-for-sale securities | 0 |
| Principal repayments on available-for-sale securities | 4,399 |
| Purchases of available-for-sale securities | 145,188 |
| Proceeds from maturity of other investments | 4,450 |
| (purchases) redemptions of federal reserve bank stock | 1,584 |
| (purchases) redemptions of federal home loan bank stock | -100 |
| Origination of loans receivable | 0 |
| Purchases of loans receivable | 26,376 |
| Payments received on loans receivable | 141,080 |
| Purchases of premises and equipment | 172 |
| Proceeds from sale of premises and equipment | 1 |
| Proceeds from sale of other real estate owned | 2,766 |
| Net cash provided by (used in) investing activities | -20,524 |
| Increase (decrease) in deposits, net | -811 |
| (repayments) proceeds from fhlb daily borrowing, net | -3,000 |
| Repayments of fhlb long term borrowings | 0 |
| Proceeds from frb and correspondent bank borrowings | 70,000 |
| Repayments of frb and correspondent bank borrowings | 70,000 |
| Principal repayments of senior notes | 2,884 |
| Principal repayments of note payable | 162 |
| Increase in advances from borrowers for taxes and insurance | -579 |
| Proceeds from preferred stock issuance | 5,450 |
| Private placement costs for preferred stock | 351 |
| Proceeds from common stock issuance | 85,572 |
| Private placement costs for common stock | 4,023 |
| Net cash (used in) provided by financing activities | 79,212 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 44,518 |
| Cash, cash equivalents and restricted cash at beginning of period | 162,610 |
| Cash, cash equivalents and restricted cash at end of period | 207,127 |
PATRIOT NATIONAL BANCORP INC (PNBK)
PATRIOT NATIONAL BANCORP INC (PNBK)