← Columbia Financial, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net income (loss) $31.1m $22.7m $54.7m $57.6m $92.0m $86.2m $36.1m ($11.7m) $51.8m
Net Income From Continuing Operations — — — — — $86.2m $36.1m ($11.7m) $51.8m
Amortization of deferred loan costs, fees and purchased premiums and discounts $1.0m $2.0m $1.2m ($1.5m) $2.1m $6.1m $5.6m $4.4m $6.3m
Net amortization of premiums and discounts on securities $1.5m $1.2m $1.2m $2.5m $4.5m $2.8m $1.4m ($819k) ($3.7m)
Net amortization of mortgage servicing rights $105k ($88k) ($109k) $130k $266k $233k $239k $241k $214k
Amortization of intangible assets $0 $0 $222k $1.0m $1.0m $2.0m $2.4m $2.2m $2.2m
Depreciation and amortization of office properties and equipment $3.4m $3.8m $4.9m $6.5m $6.7m $7.3m $7.8m $8.2m $8.6m
Amortization of operating lease right-of-use assets — $0 $0 $2.6m $3.6m $3.8m $3.9m $3.9m $4.0m
Amortization Cash Flow — — — — — $2.2m $2.6m $2.4m $2.4m
Amortization Of Intangibles — — — — — $2.2m $2.6m $2.4m $2.4m
Depreciation — — — — — $11.1m $11.7m $12.1m $12.6m
Depreciation Amortization Depletion — — — — — $13.4m $14.3m $14.6m $15.0m
Deferred tax expense (benefit) ($1.4m) ($5.5m) $7.5m $9.7m $17.7m $12.8m $3.4m ($6.0m) $14.2m
Deferred Income Tax — — — — — $12.8m $3.4m ($6.0m) $14.2m
Deferred Tax — — — — — $12.8m $3.4m ($6.0m) $14.2m
Asset Impairment Charge — — — — — $0 $0 $640k $0
Loss on extinguishment of debt — — $0 $1.2m $2.9m $0 $300k $3.4m $0
Loss (gain) on disposal of office properties and equipment, net $169k ($5k) $3k $734k $95k $242k $168k ($188k) $21k
Provision for credit losses — — — $18.4m ($10.0m) $5.5m $4.8m $14.5m $9.8m
(Gain) loss on securities transactions $1.7m ($116k) ($2.6m) ($370k) ($2.0m) ($210k) $10.8m $35.9m ($290k)
Change in fair value of equity securities $0 $0 ($305k) ($767k) $1.8m $401k ($695k) ($2.6m) ($873k)
Gain on securitizations — $0 $0 ($3.5m) ($2.3m) $0 $0 $0 ($129k)
Gain on sale of loans, net — ($618k) ($785k) ($1.9m) ($8.5m) ($178k) ($1.2m) ($906k) ($799k)
Gain on sale of other real estate owned — — — — — $0 $0 $640k ($281k)
Loss on write-down of other real estate owned — — — — — — $0 $640k $0
Increase in accrued interest receivable ($1.5m) ($3.0m) ($959k) ($6.7m) $2.0m ($4.7m) ($5.4m) ($1.0m) ($1.1m)
Increase in other assets ($11.7m) ($11.1m) ($51.9m) ($75.1m) ($22.2m) ($9.9m) ($34.0m) ($12.4m) ($29.4m)
Increase (decrease) in accrued expenses and other liabilities $9.8m $8.0m $3.0m $32.9m $1.9m $25.0m $3.3m ($7.3m) $8.0m
Income on bank-owned life insurance ($4.9m) ($5.2m) ($5.8m) ($6.6m) ($6.0m) ($7.4m) ($10.1m) ($7.3m) ($8.2m)
Employee stock ownership plan expense $0 $2.6m $3.6m $3.2m $4.1m $4.8m $4.1m $3.8m $3.4m
Stock based compensation $0 $0 $3.7m $8.8m $8.9m $7.4m $8.0m $6.5m $4.7m
Increase in deferred compensation obligations under Rabbi Trust $0 ($620k) $65k ($60k) $3k ($31k) ($47k) ($126k) ($30k)
Proceeds from sales of equity securities — $0 $1.1m $0 $1.4m $0 $0 $0 $698k
Purchases of debt securities available for sale ($162.8m) ($413.8m) ($176.2m) ($292.8m) ($667.0m) ($147.2m) ($124.6m) ($404.7m) ($272.1m)
Purchases of debt securities held to maturity ($30.5m) ($31.6m) ($70.1m) ($12.8m) ($203.8m) ($23.3m) $0 ($41.5m) ($33.4m)
Proceeds from sales of loans held-for-sale $40.6m $3.6m $101.9m $111.8m $302.0m $9.6m $121.4m $18.9m $35.4m
Purchases of loans receivable ($20.5m) ($32.3m) ($89.8m) $0 ($85.4m) ($8.3m) ($14.7m) ($78.7m) ($150.9m)
Net (increase) decrease in loans receivable — — — — — ($987.8m) ($311.3m) $2.2m ($281.2m)
Proceeds from bank-owned life insurance death benefits $1.6m $1.2m $1.0m $627k $5k $1.0m $1.4m $5k $0
Proceeds from redemptions of Federal Home Loan Bank stock $33.2m $67.0m $72.9m $50.4m $28.4m $77.4m $91.1m $57.7m $35.3m
Purchases of Federal Home Loan Bank stock ($35.0m) ($81.3m) ($79.8m) ($22.5m) ($4.8m) ($111.4m) ($114.0m) ($37.1m) ($39.5m)
Proceeds from sales of office properties and equipment $17k $8k $0 $0 $1.9m $1.8m $0 $1.2m $0
Additions to office properties and equipment ($6.5m) ($13.3m) ($19.3m) ($4.6m) ($5.5m) ($7.2m) ($7.6m) ($7.4m) ($9.8m)
Proceeds from sales of other real estate owned $1.6m $1.0m $91k $0 $0 — $0 $0 $1.6m
Purchase of insurance agency book of business — — — — — — $0 $0 ($1.4m)
Net increase (decrease) in deposits $300.6m $150.6m $449.3m $799.5m $581.5m ($71.8m) ($154.6m) $249.6m $347.9m
Proceeds from long-term borrowings $168.4m $221.0m $140.0m $90.0m $37.1m $335.9m $536.1m $271.2m $175.3m
Payments on long-term borrowings ($90.0m) ($210.0m) ($230.0m) ($343.9m) ($306.8m) ($38.7m) ($11.3m) ($484.9m) ($104.4m)
Net increase (decrease) in short-term borrowings ($27.4m) $299.8m $225.1m ($374.8m) ($244.0m) $446.8m ($93.2m) ($237.8m) $32.0m
Repayment of term note — — — — $0 $0 ($30.3m) $0 $0
Increase (decrease) in advance payments by borrowers for taxes and insurance ($2.1m) $6.5m $3.1m ($3.9m) $3.4m $7.6m ($2.0m) $1.9m $339k
Purchase of treasury stock $0 $0 ($55.3m) ($108.2m) ($107.8m) ($94.0m) ($80.5m) ($5.9m) ($13.4m)
Exercise of stock options — — — $0 ($25k) ($393k) ($24k) ($99k) ($1k)
Repurchase of shares for taxes — — $0 ($174k) ($357k) ($4.6m) ($623k) ($817k) ($441k)
Interest on deposits and borrowings $44.4m $62.0m $87.4m $75.6m $37.9m $41.1m $183.6m $274.4m $249.9m
Income tax payments, net of refunds $27.8m $21.3m ($2.9m) $10.5m $16.3m $15.7m $9.3m $940k $2k
Transfer of loans receivable to other real estate owned $515k $251k $0 $0 — $0 $0 $2.0m $0
Transfer of loans receivable to loans held-for-sale $103.7m $0 $0 $114.2m $289.4m $9.5m $121.0m $18.1m $34.7m
Securitization of loans $0 $0 $21.6m $117.3m $99.6m $0 $0 $0 $13.3m
Excise tax on net stock repurchases — — — — $0 $0 $800k $42k $137k
Beginning Cash Position — — — — — $71.0m $179.2m $423.2m $289.2m
Cash Flow From Continuing Financing Activities — — — — — $580.8m $163.7m ($206.8m) $437.3m
Cash Flow From Continuing Investing Activities — — — — — ($614.7m) $39.6m $39.5m ($454.2m)
Change In Accrued Expense — — — — — $25.0m $3.3m ($7.3m) $8.0m
Change In Other Current Assets — — — — — ($9.9m) ($34.0m) ($12.4m) ($29.4m)
Change In Payables And Accrued Expense — — — — — $25.0m $3.3m ($7.3m) $8.0m
Change In Receivables — — — — — ($4.7m) ($5.4m) ($1.0m) ($1.1m)
Change In Working Capital — — — — — $10.4m ($36.2m) ($20.9m) ($22.6m)
Changes In Account Receivables — — — — — ($4.7m) ($5.4m) ($1.0m) ($1.1m)
Changes In Cash — — — — — $108.3m $244.0m ($134.0m) $51.6m
End Cash Position — — — — — $179.2m $423.2m $289.2m $340.8m
Financing Cash Flow — — — — — $580.8m $163.7m ($206.8m) $437.3m
Free Cash Flow — — — — — $135.0m $33.1m $25.9m $58.6m
Gain Loss On Investment Securities — — — — — ($210k) $10.8m $35.9m ($290k)
Gain Loss On Sale Of PPE — — — — — $242k $168k ($188k) $21k
Investing Cash Flow — — — — — ($614.7m) $39.6m $39.5m ($454.2m)
Issuance Of Capital Stock — — — — — $0 $10k $0 $0
Net Business Purchase And Sale — — — — — $140.8m $0 $0 ($1.4m)
Net PPE Purchase And Sale — — — — — ($5.4m) ($7.6m) ($6.2m) ($9.8m)
Operating Gains Losses — — — — — ($146k) $10.1m $38.2m ($1.1m)
Other Non Cash Items — — — — — ($7.4m) ($10.1m) ($7.3m) ($8.6m)
Proceeds From Stock Option Exercised — — — — — ($393k) ($24k) ($99k) ($1k)
Purchase Of Business — — — — — — $0 $0 ($1.4m)
Purchase Of PPE — — — — — ($7.2m) ($7.6m) ($7.4m) ($9.8m)
Repurchase Of Capital Stock — — — — — ($98.6m) ($81.1m) ($6.7m) ($13.8m)
Sale Of Business — — — — $20.4m $140.8m $0 $0 —
Sale Of PPE — — — — — $1.8m $0 $1.2m $0
Unrealized Gain Loss On Investment Securities — — — — — $401k ($695k) ($2.6m) ($873k)
Net cash provided by operating activities $36.0m $60.2m $123.8m $47.9m $98.7m $142.2m $40.7m $33.3m $68.4m
Net Investment Purchase And Sale — — — — — $269.4m $273.5m $82.6m ($43.6m)
Purchase Of Investment — — — — — ($170.5m) ($124.6m) ($446.2m) ($305.5m)
Sale Of Investment — — — — — $439.9m $398.1m $528.9m $261.9m
Net Other Investing Changes — — — — — ($33.0m) ($21.5m) $20.6m ($2.6m)
Net cash (used in) provided by investing activities ($330.3m) ($946.8m) ($623.0m) $257.6m ($443.6m) ($614.7m) $39.6m $39.5m ($454.2m)
Proceeds from sales of debt securities available for sale $187.4m $11.5m $65.2m $20.8m $90.3m $126.8m $277.0m $321.2m $15.7m
Proceeds from paydown/maturities/calls of debt securities available for sale $68.4m $70.0m $149.7m $247.9m $368.2m $282.0m $100.9m $157.5m $214.1m
Proceeds from paydown/maturities/calls of debt securities held to maturity $769k $8.8m $46.1m $48.6m $36.1m $31.2m $20.2m $50.1m $31.5m
Issuance Of Debt — — — — — $335.9m $536.1m $271.2m $175.3m
Long Term Debt Issuance — — — — — $335.9m $536.1m $271.2m $175.3m
Net Issuance Payments Of Debt — — — — — $744.0m $401.3m ($451.5m) $102.9m
Net Long Term Debt Issuance — — — — — $297.2m $494.5m ($213.7m) $70.9m
Net Short Term Debt Issuance — — — — — $446.8m ($93.2m) ($237.8m) $32.0m
Long Term Debt Payments — — — — — ($38.7m) ($41.6m) ($484.9m) ($104.4m)
Repayment Of Debt — — — — — ($38.7m) ($41.6m) ($484.9m) ($104.4m)
Issuance of common stock for restricted stock awards $0 $492.4m $14k $0 $0 $0 $10k $0 $0
Common Stock Issuance — — — — — $0 $10k $0 $0
Net Common Stock Issuance — — — — — ($98.6m) ($81.1m) ($6.7m) ($13.8m)
Common Stock Payments — — — — — ($98.6m) ($81.1m) ($6.7m) ($13.8m)
Net Other Financing Charges — — — — — $7.6m ($2.0m) $1.9m $339k
Net cash provided by (used in) financing activities $349.6m $863.3m $532.5m $41.9m ($7.1m) $580.8m $163.7m ($206.8m) $437.3m
Net increase (decrease) in cash and cash equivalents $55.3m ($23.3m) $33.3m $347.4m ($352.0m) $108.3m $244.0m ($134.0m) $51.6m
Cash and cash equivalents at beginning of year $101.0m $42.2m $75.5m $423.0m $71.0m $179.2m $423.2m $289.2m $340.8m
Change In Cash Supplemental As Reported — — — — — $108.3m $244.0m ($134.0m) $51.6m
Income Tax Paid Supplemental Data — — — — — $15.7m $9.3m $940k $2k
Interest Paid Supplemental Data — — — — — $41.1m $183.6m $274.4m $249.9m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.