← PEOPLES FINANCIAL SERVICES CORP.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $19.6m $18.5m $24.9m $25.7m $29.4m $43.5m $38.1m $27.4m $8.5m $59.2m
Net Income (Loss) Available to Common Stockholders, Basic $19.6m $18.5m $24.9m $25.7m $29.4m $43.5m $38.1m $27.4m $8.5m $59.2m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $24.9m $25.7m $29.4m $43.5m $38.1m $27.4m $8.5m $59.2m
Depreciation, Amortization and Accretion, Net $1.7m $1.9m $2.3m $3.1m $2.9m $2.7m $3.1m $2.8m $3.3m $3.3m
Amortization of Debt Issuance Costs — — — — — — — — — $237k
Amortization of Intangible Assets $1.2m $1.0m $881k $730k $606k $491k $363k $105k $3.4m $6.4m
Deferred Income Tax Expense (Benefit) ($1.4m) $1.7m ($681k) $394k ($1.8m) $450k $611k $1.3m ($3.6m) $4.7m
Share-based Payment Arrangement, Noncash Expense $71k $177k $272k $554k $570k $546k $534k $888k $786k $348k
Share-based Payment Arrangement, Expense $71k — — — — — — — — —
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — — ($802k) $0
Goodwill and Intangible Asset Impairment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gain (Loss) on Disposition of Property Plant Equipment — — — — — $50k $175k ($3k) ($165k) ($74k)
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal ($432k) ($708k) ($179k) $134k ($1.3m) ($273k) ($3.2m) $566k $4.8m $98k
Gain (Loss) on Disposition of Business — $2.3m — — — — — — — —
Income Tax Expense (Benefit) $5.0m $8.2m $3.4m $3.2m $4.8m $10.0m $7.3m $5.1m ($30k) $13.0m
Operating Lease, Expense — — — $601k $727k $760k $1.0m $1.0m $1.2m $2.2m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets ($1.4m) ($2.0m) ($816k) $3.4m $12.3m ($1.1m) $1.7m $2.1m ($7.0m) ($5.5m)
Bank Owned Life Insurance Income — — — — $774k $889k $1.0m $1.1m $1.6m $2.1m
Increase (Decrease) in Other Operating Liabilities ($2.5m) ($1.8m) ($1.7m) $2.4m $13.5m $1.9m ($48k) ($2.8m) $2.3m ($8.3m)
Gain (Loss) on Sales of Loans, Net — ($219k) $291k ($89k) ($903k) ($331k) ($47k) $12k $3k ($56k)
Debt and Equity Securities, Unrealized Gain (Loss) — — ($14k) $132k ($35k) $2k ($31k) ($11k) $132k $168k
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — ($918k) ($2k) $2.0m ($81k) $0 $2.2m
Equity Securities, FV-NI, Gain (Loss) — — $14k $132k ($6k) $2k ($31k) ($11k) $132k $168k
Equity Securities, FV-NI, Realized Gain (Loss) — — ($14k) ($132k) $29k ($2k) $31k $11k $157k ($168k)
Equity Securities, FV-NI, Unrealized Gain (Loss) — — $14k $132k ($35k) $2k ($31k) ($11k) ($25k) $168k
Goodwill $63.4m $63.4m $63.4m $63.4m $63.4m $63.4m $63.4m $63.4m $76.0m $76.0m
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — $2.3m $759k $622k $390k $285k $1.1m
Net Cash Provided by (Used in) Operating Activities $28.1m $28.6m $32.6m $37.1m $37.2m $40.8m $42.4m $33.3m $33.9m $54.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $6.8m $6.2m $4.1m $5.6m $2.3m $4.9m $7.8m $5.9m $2.6m $10.9m
Gain (Loss) on Sale of Investments — — ($14k) ($132k) $35k ($2k) ($2.0m) $81k $1k ($2.2m)
Net Cash Provided by (Used in) Investing Activities ($186.4m) ($184.6m) ($134.8m) ($184.7m) ($201.2m) ($440.1m) ($467.8m) ($25.8m) $387.1m ($24.4m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — $16.0m $136.7m — — $25.0m — $76.2m
Repayments of Long-term Debt $2.2m $8.4m $11.8m $21.2m $18.0m $12.1m $2.2m $555k $23.3m $40.9m
Payments of Ordinary Dividends, Common Stock $9.2m $9.3m $9.7m $10.1m $10.5m $10.8m $11.3m $11.7m $18.1m $24.6m
Payments of Dividends $9.2m $9.3m $9.7m $10.1m $10.5m $10.8m $11.3m $11.7m $18.1m $24.6m
Net Cash Provided by (Used in) Financing Activities $165.3m $153.5m $97.3m $146.2m $361.1m $451.1m $183.4m $142.0m ($472.6m) $103.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $7.0m ($2.5m) ($4.9m) ($1.5m) $197.0m $51.7m ($242.1m) $149.5m ($51.5m) $133.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $32.6m $31.2m $228.2m $279.9m $37.9m $187.4m $135.9m $269.0m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $8.7m $12.6m $17.8m $14.9m $9.8m $15.1m $58.2m $95.7m $92.4m
Income Taxes Paid, Net $5.9m $5.9m $2.6m $4.5m $6.2m $6.7m $10.0m $3.5m $1.9m $7.6m

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