For the quarter ending 2025-09-30, SHBI had $231,529K increase in cash & cash equivalents over the period. $41,881K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 14,348 | 29,271 |
| Net accretion of acquisition accounting estimates | 2,812 | 6,737 |
| Provision for credit losses | 2,992 | 2,556 |
| Depreciation and amortization | 3,615 | 8,126 |
| Net amortization of securities | -28 | -64 |
| Amortization of debt issuance costs | 21 | 61 |
| Gain on mortgage loans held for sale | 2,295 | 2,291 |
| Gain on other mortgage loan activity | -902 | 938 |
| Proceeds from sale of mortgage loans held for sale | 63,644 | 82,070 |
| Originations of loans held for sale | 49,572 | 94,125 |
| Stock-based compensation expense | 387 | 970 |
| Deferred income tax expense | -326 | -156 |
| Loss on sales of repossessed assets | -41 | -123 |
| Loss (gain) on valuation adjustments on mortgage servicing rights | -361 | -330 |
| Loss on disposal of fixed assets | -99 | -48 |
| Loss on disposal of premises held for sale | 0 | -61 |
| Valuation adjustments on premises transferred to held for sale | 0 | 0 |
| Loss on sales and valuation adjustments on other real estate owned | -59 | - |
| Fair value adjustment on equity securities | -57 | -106 |
| Bank owned life insurance income | 840 | 1,287 |
| Accrued interest receivable | 585 | 253 |
| Other assets | 2,624 | 1,490 |
| Accrued interest payable | -83 | 88 |
| Other liabilities | 14,512 | -5,251 |
| Net cash provided by operating activities | 42,467 | 11,446 |
| Proceeds from maturities and principal payments of available for sale securities | 7,267 | 12,573 |
| Proceeds from maturities and principal payments of held to maturity securities | 25,762 | 23,899 |
| Proceeds from life insurance death benefits | 1,714 | 0 |
| Purchases of available for sale securities | 27 | 48,171 |
| Purchases of held to maturity securities | -1 | 2,326 |
| Purchases of equity securities | 46 | 90 |
| Purchase of restricted securities | -47 | 158 |
| Net change in loans | 55,195 | 49,173 |
| Purchases of premises and equipment | 586 | 1,905 |
| Proceeds from sales of repossessed assets | 321 | 1,531 |
| Redemption of restricted securities | 0 | 0 |
| Purchases of bank owned life insurance | 69 | 152 |
| Proceeds from disposal of premises held for sale | 0 | 843 |
| Net cash used in investing activities | -20,811 | -63,129 |
| Noninterest-bearing deposits | 19,083 | 12,314 |
| Interest-bearing deposits | 194,845 | -227,461 |
| Long-term borrowings | 0 | 0 |
| Short-term borrowings | - | 0 |
| Common stock dividends paid | 4,055 | 8,037 |
| Issuance of common stock | 0 | 0 |
| Net cash used in financing activities | 209,873 | -223,184 |
| Net decrease in cash and cash equivalents | 231,529 | -274,867 |
| Cash and cash equivalents at beginning of period | 459,851 | - |
| Cash and cash equivalents at end of period | 416,513 | - |
SHORE BANCSHARES INC (SHBI)
SHORE BANCSHARES INC (SHBI)