For the quarter ending 2025-09-30, STLE had $33,002K increase in cash & cash equivalents over the period. $2,352K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 13,677 | 3,626 |
| Depreciation | 182 | 235 |
| Net accretion of acquisition accounting adjustments | 242 | - |
| Net accretion of discounts and premiums on securities | 333 | 209 |
| Bargain purchase gain | 17,827 | - |
| Deferred income tax benefit | -275 | -60 |
| Provision for credit losses | 4,228 | 162 |
| Decrease (increase) in accrued interest receivable | -180 | 99 |
| (decrease) increase in accrued interest payable | -454 | 215 |
| Increase in cash surrender value of bank owned life insurance | 130 | 126 |
| Net marketable equity security (gains) losses | 60 | -3 |
| Origination of loans held for sale | 1,230 | 1,692 |
| Loss on sale of foreclosed real estate | - | 0 |
| Proceeds from loans sold | 1,354 | 1,733 |
| Gain on sale of loans | 63 | 41 |
| (gain) loss on disposition of premises and equipment | 0 | 52 |
| Realized loss on sale of securities | -8 | - |
| (gain) loss on sale of foreclosed real estate | 36 | - |
| Change in other assets and liabilities, net | -3,418 | 169 |
| Net cash provided by operating activities | 2,397 | 3,526 |
| Purchases | 3,946 | 0 |
| Proceeds from paydowns, maturities and calls | 7,564 | 10,261 |
| Proceeds from sales | 48,641 | - |
| Net increase in loans | 5,033 | 31,357 |
| Decrease of interest-bearing time deposits | 992 | 1,723 |
| Increase (decrease) in restricted investments in bank stock | -2,701 | 233 |
| Proceeds from sale of premises and equipment | 1 | 121 |
| Proceeds from sale of foreclosed real estate | 113 | 0 |
| Purchases of premises and equipment | 45 | 42 |
| Cash acquired in the acquisition of nubc, net of cash paid | -43,399 | - |
| Net cash provided by (used in) investing activities | 94,387 | -19,527 |
| Increase in deposits | -4,869 | 25,079 |
| Proceeds from federal home loan bank advances | -38,585 | 38,585 |
| Repayment of federal home loan bank advances | 20,500 | 34,550 |
| Decrease in federal funds purchased | 0 | 0 |
| Increase (decrease) in repurchase agreements | 172 | 99 |
| Dividends paid on common stock | 0 | 1,375 |
| Net cash (used in) provided by financing activities | -63,782 | 27,838 |
| Net increase in cash and cash equivalents | 33,002 | 11,837 |
| Cash and cash equivalents at beginning of period | 9,179 | - |
| Cash and cash equivalents at end of period | 54,018 | - |
STEELE BANCORP INC (STLE)
STEELE BANCORP INC (STLE)