For the quarter ending 2025-09-30, PNBK had -$1,442K decrease in cash & cash equivalents over the period. -$5,257K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -2,657 | -7,778 |
| Accretion of investment premiums and discounts, net | 88 | 77 |
| Amortization and accretion of purchase loan premiums and discounts, net | 145 | 21 |
| Amortization of debt issuance costs | 102 | 106 |
| Amortization of core deposit intangible | 11 | 24 |
| Amortization of servicing assets of sold sba loans | 77 | 68 |
| Provision for credit losses | -431 | 2,257 |
| Depreciation and amortization | 231 | 534 |
| Loss on sales of available-for-sale securities | 0 | 0 |
| Gain on sale of premises and equipment | 0 | 1 |
| Share-based compensation | 1,806 | 1,296 |
| Decrease in deferred tax assets | 0 | 0 |
| (decrease) increase in deferred tax liabilities | -4 | -48 |
| Originations of loans held for sale, net | 220,770 | 406,732 |
| Proceeds from sale of loans held for sale | 217,377 | 403,450 |
| Loss (gain) on sale of loans, net | -992 | -916 |
| Write-down of other real estate owned | -176 | 253 |
| Decrease in accrued interest and dividends receivable | -667 | -564 |
| Decrease (increase) in other assets | -225 | -1,744 |
| Decrease in accrued expenses and other liabilities | -2,455 | -1,445 |
| Net cash (used in) provided by operating activities | -5,238 | -4,890 |
| Proceeds from maturity or sales on available-for-sale securities | 0 | 0 |
| Principal repayments on available-for-sale securities | 1,220 | 1,688 |
| Purchases of available-for-sale securities | 24,540 | 0 |
| Purchases of frb stock | 101 | 974 |
| Redemptions of fhlb stock | 0 | -100 |
| Payments received on loans receivable, net | 23,977 | 120,976 |
| Purchases of loans receivable | 25,863 | 177 |
| Proceeds from maturity or sales on other investments | 4,450 | - |
| Purchases of premises and equipment | 19 | 73 |
| Proceeds from sale of premises and equipment | 0 | 1 |
| Proceeds from sale of other real estate owned | 2,766 | - |
| Net cash provided by investing activities | -18,110 | 121,541 |
| Decrease in deposits, net | -2 | -135,740 |
| (repayments) proceeds from fhlb daily borrowing, net | 0 | -3,000 |
| Repayments of fhlb long term borrowings | 0 | - |
| Proceeds from frb and correspondent bank borrowings | 0 | 70,000 |
| Repayments of frb and correspondent bank borrowings | 0 | 70,000 |
| Principal repayments of senior notes | 3,046 | - |
| Principal repayments of note payable | 54 | 108 |
| Increase in advances from borrowers for taxes and insurance | -585 | 1,504 |
| Proceeds from preferred stock issuance | 0 | 5,450 |
| Private placement costs for preferred stock | 0 | 351 |
| Proceeds from common stock issuance | 25,837 | 59,735 |
| Private placement costs for common stock | 244 | 3,779 |
| Net cash used in financing activities | 21,906 | -76,289 |
| Net increase in cash, cash equivalents and restricted cash | -1,442 | 40,362 |
| Cash and cash equivalents at beginning of period | 162,610 | - |
| Cash and cash equivalents at end of period | 201,530 | - |
PATRIOT NATIONAL BANCORP INC (PNBK)
PATRIOT NATIONAL BANCORP INC (PNBK)