| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Income before income tax expense | 23,394 | - |
| Income tax expense | 4,705 | - |
| Net income | 18,689 | 10,763 |
| Provision (credit) for credit losses | -836 | -567 |
| Depreciation, amortization, accretion | 1,862 | 1,271 |
| Deferred taxes | 493 | 473 |
| Stock based compensation | 336 | 188 |
| Origination of mortgage servicing rights | 480 | 306 |
| Gain on sale of loans held for sale | 60,288 | 37,907 |
| Loans originated for sale | 1,512,282 | 976,701 |
| Proceeds on sales of loans originated for sale | 1,572,803 | 988,691 |
| Increase in accrued interest receivable | 253 | -243 |
| Increase in cash surrender value of life insurance | 2,021 | 1,495 |
| Decrease in derivative assets | -5,113 | -3,486 |
| Increase in accrued interest on deposits and borrowings | -475 | -773 |
| Increase in accrued taxes | -1,368 | -1,239 |
| Gain on sale of mortgage servicing rights | 0 | 0 |
| Decrease in derivative liabilities | -4,801 | -2,970 |
| Decrease (increase) in other assets | -906 | -90 |
| (decrease) increase in other liabilities | -74 | 1,024 |
| Net cash provided by operating activities | 21,010 | -11,705 |
| Net increase in loans receivable | 34,188 | -16,375 |
| Debt securities | 9,182 | 4,856 |
| Mortgage related securities | 28,587 | 18,423 |
| Bank owned life insurance | 180 | 180 |
| Fhlb stock | 2,463 | 2,105 |
| Premises and equipment | 619 | 324 |
| Principal repayments on mortgage-related securities | 18,567 | 12,307 |
| Maturities of debt securities | 9,000 | 5,595 |
| Sales of fhlb stock | 2,051 | 2,051 |
| Sales of mortgage servicing rights | 0 | 0 |
| Net cash used in investing activities | -45,601 | 10,440 |
| Net increase in deposits | 26,076 | 24,810 |
| Net change in short-term borrowings | -37,458 | -40,793 |
| Repayment of long-term debt | 70,000 | 40,000 |
| Proceeds from long-term debt | 130,000 | 100,000 |
| Net change in advance payments by borrowers for taxes | 9,329 | 1,284 |
| Cash dividends on common stock | 8,130 | 5,472 |
| Purchase of common stock returned to authorized but unissued | 13,485 | 9,667 |
| Proceeds from stock option exercises | 2,266 | 2,265 |
| Net cash provided by financing activities | 38,598 | 32,427 |
| Increase in cash and cash equivalents | 14,007 | 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)