For the year ending 2025-12-31, WSBF had $31,346K increase in cash & cash equivalents over the period. $23,018K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Income before income taxes | 33,445 |
| Community Banking | 6,408 |
| Mortgage Banking Segment | 569 |
| Holding Community And Other | 66 |
| Income tax expense | 7,043 |
| Net income | 26,402 |
| Provision (credit) for credit losses | -1,394 |
| Depreciation, amortization, accretion | 2,549 |
| (recovery) impairment of mortgage servicing rights | 0 |
| Deferred taxes | 714 |
| Stock based compensation | 297 |
| Origination of mortgage servicing rights | 593 |
| Gain on sale of loans held for sale | 80,719 |
| Loans originated for sale | 2,045,278 |
| Proceeds on sales of loans originated for sale | 2,116,849 |
| Gain on death benefit on bank owned life insurance | 0 |
| Increase in accrued interest receivable | 478 |
| Increase in cash surrender value of life insurance | 2,561 |
| Decrease (increase) in derivative assets | -5,162 |
| Increase in accrued interest on deposits and borrowings | -218 |
| Decrease in prepaid tax expense | -1,315 |
| (increase) decrease in derivative liabilities | -4,710 |
| Gain on sale of real estate owned | 299 |
| Gain on sale of mortgage servicing rights | 0 |
| Decrease (increase) in other assets | -2,148 |
| Increase (decrease) in other liabilities | 4,561 |
| Net cash provided by (used in) operating activities | 24,183 |
| Net decrease (increase) in loans receivable | -5,196 |
| Fhlb stock | 2,463 |
| Debt securities | 11,632 |
| Mortgage related securities | 38,379 |
| Bank owned life insurance | 180 |
| Premises and equipment | 1,165 |
| Principal repayments on mortgage-related securities | 25,454 |
| Maturities of debt securities | 11,470 |
| Sales of fhlb stock | 2,954 |
| Proceeds on sales of mortgage servicing rights | 0 |
| Death benefit from bank owned life insurance | 0 |
| Net cash used in by investing activities | -8,745 |
| Net increase (decrease) in deposits | 77,375 |
| Net change in short-term borrowings | -74,261 |
| Repayment of long-term debt | 90,000 |
| Proceeds from long-term debt | 130,000 |
| Net change in advance payments by borrowers for taxes | -2,634 |
| Cash dividends on common stock | 10,768 |
| Proceeds from stock option exercises | 2,405 |
| Purchase of common stock returned to authorized but unissued | 16,209 |
| Net cash provided by (used in) financing activities | 15,908 |
| Increase (decrease) in cash and cash equivalents | 31,346 |
| Cash and cash equivalents at beginning of period | 39,761 |
| Cash and cash equivalents at end of period | 71,107 |
Waterstone Financial, Inc. (WSBF)
Waterstone Financial, Inc. (WSBF)