BFIN · As filed with the SEC
BankFinancial cash flow statement, by fiscal year
The statement as BankFinancial presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Cash Flows · USD thousands
| USD thousands | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 |
|---|---|---|---|---|
| Cash flows from operating activities | ||||
| Net income | 4,073 | 9,393 | 10,494 | 7,410 |
| Adjustments to reconcile net income to net cash from operating activities | ||||
| Provision for (recovery of) loan losses | — | — | 1,828 | (1,240) |
| Provision for credit losses - loans | 5,081 | 395 | — | — |
| Recovery of credit losses - unfunded commitments | (56) | (82) | — | — |
| Depreciation and amortization | 163 | 1,541 | 1,262 | 2,072 |
| Net change in net deferred loan origination costs | 467 | (86) | (1,301) | 87 |
| Losses on sales of securities | 0 | 454 | — | — |
| Valuation adjustment on bank premises held-for-sale | 0 | 602 | — | — |
| Loss (gain) on disposal of premises and equipment | 124 | (9) | — | — |
| Loss on sale of foreclosed assets | 266 | 15 | 22 | (24) |
| Loss on disposal of other assets | — | — | — | 0 |
| Foreclosed assets write-down | 516 | 70 | — | — |
| Foreclosed assets valuation adjustments | 0 | 111 | 31 | 420 |
| Earnings on bank-owned life insurance | — | — | — | (114) |
| Loss (earnings) on bank-owned life insurance | — | — | 39 | — |
| Loss on bank-owned life insurance | 168 | 346 | — | — |
| Gain on redemption of Subordinated notes | (107) | — | — | — |
| Net change in: | ||||
| Deferred income tax | 26 | 347 | (237) | 28 |
| Accrued interest receivable | 1,141 | (204) | (2,690) | (703) |
| Other assets | (187) | 1,849 | 1,822 | 1,130 |
| Accrued interest payable and other liabilities | (4,111) | (5,521) | (1,978) | (1,298) |
| Net cash from operating activities | 7,564 | 9,221 | 9,292 | 7,768 |
| Cash flows (used in) from investing activities | ||||
| Proceeds from maturities of interest-bearing time deposits in other financial institutions | 40,423 | — | — | — |
| Purchases of interest-bearing time deposits in other financial institutions | (45,066) | — | — | — |
| Proceeds from maturities | 327,180 | 33,736 | 2,888 | 20,230 |
| Proceeds from principal repayments | 642 | 765 | 1,018 | 1,780 |
| Proceeds from sale of securities | 0 | 42,631 | — | — |
| Purchases of securities | (525,928) | (49,151) | (136,071) | (79,124) |
| Net change in loans receivable | 157,410 | 170,764 | (183,925) | (40,190) |
| Loan participation purchased | — | — | 0 | (5,000) |
| Bank-owned life insurance death benefit | — | 0 | 275 | — |
| Proceeds from sale of foreclosed assets | 760 | 362 | 987 | 3,509 |
| Proceeds from sale of premises and equipment | 537 | 690 | — | — |
| Purchase of premises and equipment, net | (2,095) | (1,874) | (1,944) | (2,335) |
| Net cash (used in) from investing activities | (46,137) | 197,923 | (316,772) | (101,130) |
| Cash flows used in financing activities | ||||
| Deposits | (44,082) | (113,311) | (113,497) | 94,887 |
| Borrowings | — | — | (5,000) | 1,000 |
| Advance payments by borrowers for taxes and insurance | 48 | 329 | 681 | (677) |
| Proceeds from issuance of subordinated notes | — | — | 0 | 20,000 |
| Costs paid for issuance of subordinated notes | — | — | 0 | (441) |
| Proceeds from Federal Home Loan Bank advances | 0 | 35,000 | — | — |
| Repayments of Federal Home Loan Bank advances | (5,000) | (10,000) | — | — |
| Proceeds from repurchase of Subordinated notes | (906) | — | — | — |
| Repurchase and retirement of common stock | (156) | (2,393) | (4,866) | (17,122) |
| Cash dividends paid on common stock | (4,986) | (5,056) | (5,231) | (5,619) |
| Net cash used in financing activities | (55,082) | (95,431) | (127,913) | 92,028 |
| Net change in cash and cash equivalents | (93,655) | 111,713 | (435,393) | (1,334) |
| Beginning cash and cash equivalents | — | 66,769 | 502,162 | 503,496 |
| Ending cash and cash equivalents | — | — | 66,769 | 502,162 |
| Beginning cash and cash equivalents | 178,484 | 66,771 | — | — |
| Ending cash and cash equivalents | 84,829 | 178,484 | — | — |
| Supplemental disclosures of cash flow information: | ||||
| Interest paid | 20,130 | 14,077 | 4,468 | 2,708 |
| Income taxes paid | 1,973 | 3,290 | 3,518 | 3,416 |
| Income taxes refunded | 4 | 22 | (8) | 0 |
| Assets transferred to premises held-for-sale | 0 | 1,799 | — | — |
| Loans transferred to foreclosed assets | 156 | 2,859 | 791 | 4,473 |
| Due to broker | — | — | — | 4,936 |
| Due from broker | 0 | 4,500 | 0 | — |
| Recording of right of use asset in exchange for lease obligations in other assets and other liabilities | 592 | 1,354 | 0 | 866 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.