For the year ending 2025-12-31, SHBI had -$104,285K decrease in cash & cash equivalents over the period. $59,223K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 59,506 |
| Net accretion of acquisition accounting estimates | 12,043 |
| Provision for credit losses | 8,375 |
| Depreciation and amortization | 15,331 |
| Net amortization of securities | -86 |
| Amortization of debt issuance costs | 120 |
| Bargain purchase gain | 0 |
| Gain on mortgage loans held for sale | 5,671 |
| Loss (gain) on other mortgage loan activity | -6 |
| Proceeds from sale of mortgage loans held for sale | 183,446 |
| Originations of loans held for sale | 191,278 |
| Stock-based compensation expense | 1,890 |
| Deferred income tax expense | -922 |
| Loss on sales and calls of securities | 0 |
| Loss (gain) on sales and valuation adjustments of repossessed assets | -857 |
| Loss on valuation adjustments on mortgage servicing rights | -858 |
| Loss on disposal of fixed assets | -358 |
| Loss (gain) on disposal of premises held for sale | -61 |
| Valuation adjustments on premises transferred to held for sale | 0 |
| Loss (gain) on sales and valuation adjustments on other real estate owned | -66 |
| Fair value adjustment on equity securities | -189 |
| Bank-owned life insurance income | 3,910 |
| Accrued interest receivable | -1,019 |
| Other assets | 4,115 |
| Accrued interest payable | -421 |
| Other liabilities | 7,117 |
| Net cash provided by operating activities | 62,391 |
| Proceeds from maturities and principal payments of available for sale securities | 27,070 |
| Proceeds from the sale of acquired available for sale securities | 0 |
| Proceeds from maturities and principal payments of held to maturity securities | 68,141 |
| Proceeds from life insurance death benefits | 2,814 |
| Purchases of available for sale securities | 93,702 |
| Purchases of held to maturity securities | 2,325 |
| Proceeds from sale of loans held for investment | 0 |
| Purchases of equity securities | 183 |
| Purchase of restricted securities | 3,484 |
| Net change in loans | 122,583 |
| Purchases of premises and equipment | 3,168 |
| Proceeds from sales of other real estate owned | 0 |
| Proceeds from sales of repossessed assets | 2,829 |
| Redemption of restricted securities | 5,748 |
| Purchases of bank owned life insurance | 322 |
| Proceeds from disposal of premises held for sale | 843 |
| Cash acquired in the acquisition of tcfc, net of cash paid | 0 |
| Net cash (used in) provided by investing activities | -118,322 |
| Noninterest-bearing deposits | 25,138 |
| Interest-bearing deposits | -21,840 |
| Short-term borrowings | -50,000 |
| Long-term borrowings | 0 |
| Proceeds from issuance of subordinated debt, net of issuance costs | 58,860 |
| Redemption of subordinated debt | 44,500 |
| Common stock dividends paid | 16,094 |
| Issuance of common stock | 82 |
| Net cash (used in) provided by financing activities | -48,354 |
| Net (decrease) increase in cash and cash equivalents | -104,285 |
| Cash and cash equivalents at beginning of period | 459,851 |
| Cash and cash equivalents at end of period | 355,566 |
SHORE BANCSHARES INC (SHBI)
SHORE BANCSHARES INC (SHBI)