For the quarter ending 2025-09-30, WSBF had -$17,155K decrease in cash & cash equivalents over the period. $32,420K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Income before income tax expense | 23,394 | - |
| Income tax expense | 4,705 | - |
| Net income | 7,926 | 10,763 |
| Provision (credit) for credit losses | -269 | -567 |
| Depreciation, amortization, accretion | 591 | 1,271 |
| Deferred taxes | 20 | 473 |
| Stock based compensation | 148 | 188 |
| Origination of mortgage servicing rights | 174 | 306 |
| Gain on sale of loans held for sale | 22,381 | 37,907 |
| Loans originated for sale | 535,581 | 976,701 |
| Proceeds on sales of loans originated for sale | 584,112 | 988,691 |
| Increase in accrued interest receivable | 496 | -243 |
| Increase in cash surrender value of life insurance | 526 | 1,495 |
| Decrease in derivative assets | -1,627 | -3,486 |
| Increase in accrued interest on deposits and borrowings | 298 | -773 |
| Increase in accrued taxes | -129 | -1,239 |
| Gain on sale of mortgage servicing rights | 0 | 0 |
| Decrease in derivative liabilities | -1,831 | -2,970 |
| Decrease (increase) in other assets | -816 | -90 |
| (decrease) increase in other liabilities | -1,098 | 1,024 |
| Net cash provided by operating activities | 32,715 | -11,705 |
| Net increase in loans receivable | 50,563 | -16,375 |
| Debt securities | 4,326 | 4,856 |
| Mortgage related securities | 10,164 | 18,423 |
| Bank owned life insurance | 0 | 180 |
| Fhlb stock | 358 | 2,105 |
| Premises and equipment | 295 | 324 |
| Principal repayments on mortgage-related securities | 6,260 | 12,307 |
| Maturities of debt securities | 3,405 | 5,595 |
| Sales of fhlb stock | 0 | 2,051 |
| Sales of mortgage servicing rights | 0 | 0 |
| Net cash used in investing activities | -56,041 | 10,440 |
| Net increase in deposits | 1,266 | 24,810 |
| Net change in short-term borrowings | 3,335 | -40,793 |
| Repayment of long-term debt | 30,000 | 40,000 |
| Proceeds from long-term debt | 30,000 | 100,000 |
| Net change in advance payments by borrowers for taxes | 8,045 | 1,284 |
| Cash dividends on common stock | 2,658 | 5,472 |
| Purchase of common stock returned to authorized but unissued | 3,818 | 9,667 |
| Proceeds from stock option exercises | 1 | 2,265 |
| Net cash provided by financing activities | 6,171 | 32,427 |
| Increase in cash and cash equivalents | -17,155 | 31,162 |
| Cash and cash equivalents at beginning of period | 39,761 | - |
| Cash and cash equivalents at end of period | 53,768 | - |
Waterstone Financial, Inc. (WSBF)
Waterstone Financial, Inc. (WSBF)