PROV: the cash flow

MyFinsight

For the quarter ending 2025-12-31, PROV had $4,963K increase in cash & cash equivalents over the period. $1,032K in free cash flow.

Cash Flow	2025-12-31	2025-09-30	2025-06-30
Net income	1,436	1,681	6,255
Depreciation and amortization	1,022	810	3,486
Recovery of credit losses	-158	-626	-666
Net unrealized loss (gain) on other equity investments	19	-28	190
Stock-based compensation	128	123	543
Provision for deferred income taxes	148	-272	-1,430
Decrease in accounts payable, accrued interest and other liabilities	-515	-997	-1,907
Decrease (increase) in prepaid expenses and other assets	527	-1,205	266
Net cash provided by operating activities	1,219	2,496	8,685
Net decrease (increase) in loans held for investment	-3,733	-4,273	-6,437
Purchase of investment securities - held to maturity	-	-	981
Principal payments from investment securities - held to maturity	4,914	5,449	21,260
Principal payments from investment securities - available for sale	138	64	273
Purchase of premises and equipment	187	44	530
Net cash provided by investing activities	8,598	9,742	26,459
Net decrease in deposits	-2,405	-13,933	424
Proceeds from long-term borrowings	54,000	-	87,000
Repayments of long-term borrowings	41,007	5,008	77,512
Proceeds from (repayments of) short-term borrowings, net	-	5,000	-
Repayments of short-term borrowings, net	8,000	-	35,000
Treasury stock purchases	1,536	1,059	4,448
Withholding taxes on stock-based compensation	-	-	128
Cash dividends	906	921	3,766
Net cash used for financing activities	-4,854	-15,921	-33,430
Net increase (decrease) in cash and cash equivalents	4,963	-3,683	1,714
Cash and cash equivalents at beginning of period	49,407	53,090	-
Cash and cash equivalents at end of period	54,370	49,407	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.