NFBK · As filed with the SEC
Northfield Bancorp cash flow statement, by fiscal year
The statement as Northfield Bancorp 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 | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income | 796 | 29,945 | 37,669 | 61,119 | 70,654 | 36,988 | 40,235 | 40,079 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| (Benefit)/provision for credit losses | — | — | — | — | (6,184) | 12,742 | 22 | 2,615 |
| Provision for credit losses | 7,402 | 4,281 | 1,353 | 4,482 | — | — | — | — |
| Goodwill impairment | 41,012 | — | — | — | — | — | — | — |
| ESOP and stock compensation expense | 4,994 | 4,249 | 4,365 | 4,128 | 3,643 | 3,212 | 5,576 | 7,769 |
| Depreciation | 3,197 | 3,551 | 3,678 | 3,645 | 3,889 | 3,878 | 3,569 | 3,020 |
| Amortization of premiums and deferred loan costs, net of accretion of discounts and deferred loan fees | 3,934 | 2,434 | 6,651 | 9,306 | 2,587 | 4,073 | 4,344 | 2,441 |
| Amortization of debt issuance costs | 223 | 223 | 223 | 112 | — | — | — | — |
| Amortization of intangible assets | 47 | 85 | 124 | 174 | 200 | 229 | 265 | 326 |
| Amortization of mortgage servicing rights | — | — | — | — | 4,395 | 4,586 | 5,069 | — |
| Amortization of operating lease right-of-use assets | 4,768 | 4,660 | 4,731 | 4,626 | — | — | — | — |
| Income on bank-owned life insurance | (7,069) | (4,216) | (3,631) | (3,414) | (4,103) | (3,774) | (7,023) | (3,705) |
| Net gain on sale of loans held-for-sale | — | — | — | (453) | (1,401) | (665) | — | — |
| (Gain) loss on sale of premises and equipment and other real estate owned, net | 0 | 3,402 | — | — | — | — | — | — |
| Net gain on sale of loans held-for-sale | 0 | (51) | (134) | — | — | — | — | — |
| Proceeds from loans held-for-sale | 0 | 673 | 1,583 | 3,544 | — | — | 0 | 0 |
| Losses (gains) on securities, net | — | — | — | — | — | — | — | 701 |
| Origination of loans held-for-sale | 0 | (622) | (1,449) | (3,364) | — | — | — | — |
| Losses on available-for-sale debt securities, net | 0 | 6 | 17 | (279) | (1,495) | (327) | (514) | — |
| Gains on trading securities, net | (1,694) | (1,665) | (1,721) | 2,206 | (1,703) | (1,601) | (1,988) | — |
| Loss (gain) on sale of other real estate owned, net | — | — | 7 | (17) | — | — | — | — |
| Net sales (purchases) of trading securities | 363 | 330 | (77) | 504 | 533 | 532 | (266) | (250) |
| Increase in accrued interest receivable | (1,040) | (587) | (1,065) | (2,924) | 118 | 1,334 | (1,650) | (2,246) |
| Decrease (increase) in other assets | 502 | (9,428) | (8,947) | (3,673) | (14,531) | 1,294 | 2,679 | 3,563 |
| Deferred tax (benefit) provision | (984) | 1,262 | 2,919 | (625) | 3,159 | (3,058) | (177) | (893) |
| (Decrease) increase in accrued expenses and other liabilities | (2,753) | (623) | 674 | 4,234 | 4,998 | (4,229) | 1,011 | (631) |
| Net cash provided by operating activities | 53,698 | 31,105 | 46,970 | 83,331 | 64,759 | 55,214 | 51,152 | 52,789 |
| Cash flows from investing activities: | ||||||||
| Net decrease in loans receivable | 189,605 | 173,310 | 35,875 | (430,849) | (105,455) | (276,616) | (147,507) | (69,270) |
| Purchase of loans | — | — | — | — | — | — | — | (37,593) |
| Purchase of loans | — | — | — | — | — | — | (44,918) | — |
| Purchase of loans | (25,848) | (5,076) | (3,781) | (10,183) | 0 | 0 | — | — |
| Proceeds from sale of loans | — | 0 | 0 | 2,796 | 151,559 | 48,165 | — | — |
| Purchase of FHLB of New York stock | (63,761) | (25,962) | (45,318) | (44,564) | (220) | (10,497) | (38,546) | (21,557) |
| Redemption of FHLB of New York stock | — | — | — | 36,518 | 6,525 | 21,735 | 21,488 | 24,086 |
| Redemption of FHLB of New York stock | 53,087 | 29,735 | 36,033 | — | — | — | — | — |
| Purchases of debt securities available-for-sale | (859,650) | (1,185,265) | (73,544) | (168,973) | (746,967) | (572,342) | (635,898) | (451,174) |
| Purchases of equity securities | 0 | (3,632) | (186) | (5,046) | (5,089) | (27) | (2,061) | — |
| Principal payments and maturities on debt securities available-for-sale | 569,106 | 895,191 | 247,455 | 305,027 | 454,414 | 556,920 | 243,374 | 118,485 |
| Principal payments and maturities on debt securities held-to-maturity | 997 | 571 | 877 | 720 | 1,879 | 1,462 | 709 | 403 |
| Purchases of securities held-to-maturity | — | 0 | 0 | (6,237) | — | — | — | — |
| Proceeds from sale of debt securities available-for-sale | — | 0 | 0 | 41,479 | 328,966 | 23,628 | 79,255 | 32,115 |
| Proceeds from sale of equity securities | — | — | — | — | — | — | — | 0 |
| Proceeds from sale of equity securities | — | — | — | — | — | — | 0 | — |
| Proceeds from bank-owned life insurance | — | 0 | 0 | 1,526 | 1,021 | 2,716 | 5,002 | 174 |
| Proceeds from sale of other real estate owned | — | — | — | — | — | 0 | 0 | 850 |
| Proceeds from sale of equity securities | 9,261 | — | — | 0 | 0 | 3,115 | — | — |
| Proceeds from sale of premises and equipment and other real estate owned | 0 | 3,791 | 63 | 125 | — | — | — | — |
| Purchases and improvements of premises and equipment | — | — | — | (2,552) | (1,638) | (3,059) | (3,623) | (2,879) |
| Net cash acquired in business combinations | — | — | — | 0 | 0 | 72,875 | — | 0 |
| Purchases and improvements of premises and equipment | (1,150) | (1,154) | (3,605) | — | — | — | — | — |
| Net cash (used in) provided by investing activities | (128,353) | (118,491) | 193,869 | (280,213) | 84,995 | (131,925) | (522,725) | (406,360) |
| Cash flows from financing activities: | ||||||||
| Net (decrease) increase in deposits | (122,668) | 260,042 | (271,784) | (19,115) | 92,783 | 313,726 | 121,721 | 449,533 |
| Dividends paid | (21,152) | (21,826) | (22,795) | (24,127) | (24,299) | (21,476) | (20,198) | (18,673) |
| Exercise of stock options | 0 | 0 | 100 | 1,662 | 3,409 | 175 | 5,770 | 2,088 |
| Purchase of treasury stock | (15,351) | (18,677) | (37,173) | (30,881) | (53,321) | (10,405) | (15,815) | (5) |
| Additional tax benefit on equity awards | — | — | — | — | — | — | — | 0 |
| Increase in advance payments by borrowers for taxes and insurance | — | — | — | — | — | — | — | 3,209 |
| Decrease in advance payments by borrowers for taxes and insurance | (3,781) | (1,045) | (893) | 1,086 | 5,232 | (368) | 2,038 | — |
| Repayments under capital lease obligations | — | — | — | — | 0 | 0 | — | — |
| Repayments under capital lease obligations | — | — | — | — | — | — | (44) | (255) |
| Proceeds from securities sold under agreements to repurchase and other borrowings | — | — | — | — | 0 | 370,785 | 1,206,659 | 397,312 |
| Proceeds from issuance of subordinated debt, net of issuance costs | — | 0 | 0 | 60,884 | — | — | — | — |
| Proceeds from securities sold under agreements to repurchase and other borrowings | — | 892,395 | 743,553 | 282,104 | — | — | — | — |
| Repayments related to securities sold under agreements to repurchase and other borrowings | — | — | — | (120,000) | (170,034) | (636,000) | (758,502) | (459,715) |
| Proceeds from securities sold under agreements to repurchase and other borrowings | 5,336,639 | — | — | — | — | — | — | — |
| Repayments related to securities sold under agreements to repurchase and other borrowings | (5,102,825) | (1,085,265) | (468,140) | — | — | — | — | — |
| Net cash provided by (used in) financing activities | 70,862 | 25,624 | (57,132) | 151,613 | (146,230) | 16,437 | 541,629 | 373,494 |
| Net (decrease) increase in cash and cash equivalents | — | — | — | — | — | — | — | 19,923 |
| Cash and cash equivalents at beginning of period | — | — | — | — | — | — | 77,762 | 57,839 |
| Cash and cash equivalents at end of period | — | — | — | — | — | — | — | 77,762 |
| Net (decrease) increase in cash and cash equivalents | (3,793) | (61,762) | 183,707 | (45,269) | 3,524 | (60,274) | 70,056 | — |
| Cash and cash equivalents at beginning of year | 167,744 | 229,506 | 45,799 | 91,068 | 87,544 | 147,818 | 77,762 | — |
| Cash and cash equivalents at end of year | 163,951 | 167,744 | 229,506 | 45,799 | 91,068 | 87,544 | 147,818 | — |
| Supplemental cash flow information: | ||||||||
| Interest | — | — | — | — | — | — | — | 35,822 |
| Cash paid during the year for: | ||||||||
| Interest | 112,053 | 126,789 | 80,400 | 19,282 | 17,451 | 39,584 | 51,634 | — |
| Income taxes | — | 7,358 | 14,704 | 22,094 | 28,476 | 15,169 | 11,092 | 10,368 |
| Loans charged-off, net | — | — | — | 838 | 2,803 | 3,842 | (1,189) | 1,278 |
| Transfers of loans to other real estate owned | — | — | — | — | — | — | — | 0 |
| Initial recognition of operating lease right-of-use assets | — | — | — | — | 0 | 0 | 43,560 | — |
| Initial recognition of operating lease liabilities | — | — | — | — | 0 | 0 | 47,328 | — |
| Transfers of loans held-for-investment to loans held-for-sale, at fair value | — | — | — | 2,523 | 131,883 | 67,395 | 0 | 0 |
| Non-cash transactions: | ||||||||
| Loans charged-off, net | 4,441 | 6,633 | 6,435 | — | — | — | — | — |
| Transfers of loans held-for-investment to loans held-for-sale, at fair value | — | 4,897 | 0 | — | — | — | — | — |
| Transfers of loans held-for-sale at fair value to loans held-for-investment | 0 | — | 0 | 0 | 1,612 | — | — | — |
| Transfers of loans held-for-investment to other real estate owned | — | — | 0 | 0 | 100 | — | — | — |
| Right-of-use assets obtained in exchange for new lease liabilities | 2,786 | 2,227 | 645 | 4,983 | 1,596 | — | — | — |
| Securities available-for-sale | — | — | — | 0 | 0 | 126,931 | — | 0 |
| Loans | — | — | — | 0 | 0 | 180,431 | — | 0 |
| Accrued interest receivable | — | — | — | 0 | 0 | 1,415 | — | 0 |
| Bank-owned life insurance | — | — | — | 0 | 0 | 5,714 | — | 0 |
| Premises and equipment | — | — | — | 0 | 0 | 7,789 | — | 0 |
| Federal Home Loan Bank of New York stock | — | — | — | — | — | — | — | 0 |
| Goodwill and other intangible assets | — | — | — | 0 | 0 | 2,909 | — | 0 |
| Other assets | — | — | — | 0 | 0 | 4,702 | — | 0 |
| Total non-cash assets acquired | — | — | — | 0 | 0 | 329,891 | — | 0 |
| Deposits | — | — | — | 0 | 0 | 354,592 | — | 0 |
| Borrowings | — | — | — | — | — | — | — | 0 |
| Other liabilities | — | — | — | 0 | 0 | 7,001 | — | 0 |
| Total non-cash liabilities assumed | — | — | — | 0 | 0 | 361,593 | — | 0 |
| Net non-cash liabilities assumed | — | — | — | 0 | 0 | (31,702) | — | 0 |
| Net cash and cash equivalents acquired | — | — | — | 0 | 0 | 72,875 | — | 0 |
| Common stock issued in acquisition | — | — | — | 0 | 0 | 41,173 | — | 0 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.