For the quarter ending 2025-12-31, TSBK had $3,436K increase in cash & cash equivalents over the period. $5,579K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Income before income taxes and equity in undistributed income of bank | - | 36,231 | - |
| Benefit for income taxes | - | 7,070 | - |
| Gain on sales/dispositions of premises and equipment, net | - | 0 | 0 |
| Net income | 8,216 | 8,446 | 20,715 |
| Gain on sale of investment securities available for sale, net | - | - | 24 |
| (recapture of) provision for credit losses | -35 | 221 | 713 |
| Depreciation | 363 | 406 | 1,131 |
| Deferred income taxes | - | -310 | -73 |
| Accretion of discount on purchased loans | -9 | -12 | -92 |
| Amortization of cdi | 34 | 45 | 135 |
| Stock-based compensation expense | 158 | 144 | 393 |
| Gain on sales of investment securities, net | - | 24 | - |
| Net recoveries on investment securities | -5 | -5 | -9 |
| Change in fair value of investments in equity securities | 14 | -2 | -11 |
| Accretion of discounts and premiums on securities | 277 | 385 | 866 |
| Gain on sales of loans, net | 78 | 208 | 303 |
| Loans originated for sale | 6,196 | 9,158 | 14,059 |
| Proceeds from sales of loans | 3,665 | 10,002 | 12,599 |
| Amortization of loan servicing rights | - | 777 | - |
| Boli net earnings | - | 662 | - |
| Amortization of loan servicing rights | -409 | - | 582 |
| Boli death benefit in excess of cash surrender value | - | 1,040 | - |
| Boli net earnings | -344 | - | 502 |
| Change in deferred loan origination fees | 190 | -101 | -2 |
| Net change in accrued interest receivable and other assets, and other liabilities and accrued expenses | -703 | 1,532 | 277 |
| Net cash provided by (used in) operating activities | 6,084 | 10,082 | 20,076 |
| Proceeds from sales/dispositions of premises and equipment | - | 0 | 0 |
| Purchase of investment securities held to maturity | - | - | 5,413 |
| Proceeds from sales of investment securities available for sale | - | 20 | 13,494 |
| Net decrease in cds held for investment | -747 | -1,245 | -1,747 |
| Purchase of fhlb stock | - | 0 | 8 |
| Purchase of investment securities held to maturity | - | 5,413 | - |
| Proceeds from redemption of fhlb stock | - | 0 | 0 |
| Purchase of investment securities available for sale | 3,958 | 6,897 | 40,576 |
| Proceeds from maturities and prepayments of investment securities held to maturity | 3,766 | 4,892 | 36,324 |
| Proceeds from maturities and prepayments of investment securities available for sale | 7,158 | 15,932 | 12,387 |
| Decrease in loans receivable, net | -4,941 | 22,397 | 20,744 |
| Proceeds from death benefit on boli | - | 3,483 | - |
| Purchase of premises and equipment | 505 | 600 | 1,135 |
| Net cash provided by investing activities | 12,149 | -4,322 | -3,924 |
| Net decrease in deposits | -12,153 | 47,158 | 21,809 |
| Repayment of fhlb borrowings | - | - | 0 |
| (repayment of) proceeds from fhlb borrowings | - | 0 | - |
| Proceeds from exercise of stock options | 562 | 848 | 817 |
| Repurchase of common stock, net of tax | 1,000 | 1,913 | 3,846 |
| Payment of dividends | 2,206 | 2,052 | 6,033 |
| Net cash used in financing activities | -14,797 | 44,041 | 12,747 |
| Net increase (decrease) in cash and cash equivalents | 3,436 | 49,801 | 28,899 |
| Cash and cash equivalents at beginning of period | 243,428 | 164,728 | - |
| Cash and cash equivalents at end of period | 246,864 | 243,428 | - |
TIMBERLAND BANCORP INC (TSBK)
TIMBERLAND BANCORP INC (TSBK)