For the quarter ending 2026-03-31, STLE had $8,362K increase in cash & cash equivalents over the period. $2,407K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 4,878 | 5,585 | 13,677 | 3,626 |
| Depreciation | 225 | 248 | 182 | 235 |
| Net accretion of acquisition accounting adjustments | 307 | 333 | 242 | - |
| Net accretion of discounts and premiums on securities | 353 | 328 | 333 | 209 |
| Bargain purchase gain | - | 476 | 17,827 | - |
| Deferred income tax expense (benefit) | 80 | 453 | -275 | -60 |
| (recovery of) provision for credit losses | -134 | 802 | 4,228 | 162 |
| Increase in accrued interest receivable | 117 | 55 | -180 | 99 |
| (decrease) increase in accrued interest payable | -262 | -82 | -454 | 215 |
| Increase in cash surrender value of bank owned life insurance | 156 | 163 | 130 | 126 |
| Net marketable equity security losses (gains) | -5 | 94 | 60 | -3 |
| Origination of loans held for sale | 1,402 | 5,162 | 1,230 | 1,692 |
| Loss on sale of foreclosed real estate | - | - | - | 0 |
| Proceeds from loans sold | 734 | 5,259 | 1,354 | 1,733 |
| Gain on sale of loans | 24 | 158 | 63 | 41 |
| (gain) on disposition of premises and equipment | 0 | -9 | 0 | 52 |
| Realized loss on sale of securities | - | 0 | -8 | - |
| (gain) loss on sale of foreclosed real estate | - | -2 | 36 | - |
| Change in other assets and liabilities, net | 500 | -1,821 | -3,418 | 169 |
| Net cash provided by operating activities | 2,667 | 7,328 | 2,397 | 3,526 |
| Purchases | 10,672 | 7,011 | 3,946 | 0 |
| Proceeds from paydowns, maturities and calls | 9,714 | 10,220 | 7,564 | 10,261 |
| Proceeds from sales | - | 0 | 48,641 | - |
| Proceeds from sale of foreclosed real estate | - | -2 | 113 | 0 |
| Net decrease (increase) in loans | -2,434 | 15,965 | 5,033 | 31,357 |
| Decrease of interest-bearing time deposits | 738 | 1,731 | 992 | 1,723 |
| Increase in restricted investments in bank stock | -71 | -63 | -2,701 | 233 |
| Proceeds from sale of premises and equipment | 0 | 0 | 1 | 121 |
| Proceeds from federal home loan bank advances | - | 0 | -38,585 | 38,585 |
| Purchases of premises and equipment | 260 | 95 | 45 | 42 |
| Dividends paid on common stock | - | 2,554 | 0 | 1,375 |
| Repayment of federal reserve bank borrowings | - | 0 | - | - |
| Cash acquired in the acquisition of nubc, net of cash paid | - | 42 | -43,399 | - |
| Decrease in federal funds purchased | - | 0 | 0 | 0 |
| Net cash provided by (used in) investing activities | 2,025 | -11,101 | 94,387 | -19,527 |
| Increase in deposits | 4,293 | 3,644 | -4,869 | 25,079 |
| Repayment of federal home loan bank advances | 1,000 | 2,500 | 20,500 | 34,550 |
| Increase in repurchase agreements | 377 | 175 | 172 | 99 |
| Net cash provided by financing activities | 3,670 | -1,235 | -63,782 | 27,838 |
| Net increase in cash and cash equivalents | 8,362 | -5,008 | 33,002 | 11,837 |
| Cash and cash equivalents, beginning of year | 49,010 | 54,018 | 9,179 | - |
| Cash and cash equivalents, end of year | 57,372 | 49,010 | 54,018 | - |
STEELE BANCORP INC (STLE)
STEELE BANCORP INC (STLE)