Waterstone Financial, Inc.

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 $25.5m $26.0m $30.8m $35.9m $81.1m $70.8m $19.5m $9.4m $18.7m $26.4m
Net Income (Loss) Available to Common Stockholders, Basic $25.5m $26.0m $30.8m $35.9m $81.1m $70.8m $19.5m $9.4m $18.7m $26.4m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $25.5m $26.0m $30.8m $35.9m $81.1m $70.8m
Depreciation, Depletion and Amortization $2.6m $2.0m $2.3m $2.5m $5.6m $6.0m $4.0m $3.3m $2.5m $2.5m
Depreciation $2.6m $2.0m $2.3m $2.5m $2.5m $2.1m $1.8m $1.7m $1.6m $1.6m
Deferred Income Tax Expense (Benefit) $1.6m $3.1m $535k $639k ($2.6m) $1.4m ($484k) ($1.1m) $980k $714k
Share-based Payment Arrangement, Noncash Expense $1.9m $1.9m $1.8m $1.1m $716k $745k $583k $277k $316k $297k
Share-based Payment Arrangement, Expense $641k $638k
Gain (Loss) on Disposition of Other Assets $197k $24k $265k $304k $107k $12k
Income Tax Expense (Benefit) $16.5m $18.5m $9.5m $11.7m $27.0m $21.3m $5.0m $1.7m $5.3m $7.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets ($179k) ($9.2m) $6.7m ($10.9m) $4.5m ($3.0m) ($2.1m)
Provision for Loan, Lease, and Other Losses $968k $656k ($168k) ($1.4m)
Bank Owned Life Insurance Income $1.8m $1.8m $1.8m $1.9m $1.9m $1.6m $1.7m $1.7m $2.0m $2.6m
Increase (Decrease) in Other Operating Liabilities $4.7m ($3.1m) $1.6m ($1.1m) $5.1m ($6.3m) $16.3m ($5.4m) ($3.6m) $4.6m
Gain (Loss) on Sales of Loans, Net $76.2m $71.4m $83.8m $80.7m
Proceeds from Stock Options Exercised $1.1m $1.3m $659k $3.7m $2.3m $564k $820k $1.7m $2.4m
Parent Company $27.0m $27.1m $26.0m $31.5m $30.4m $30.3m $15.4m $11.3m $10.8m
Debt and Equity Securities, Gain (Loss) $0 $0
Debt Securities, Available-for-sale, Realized Gain (Loss) $0 $0
Gain (Loss) on Investments $0
Gain (Loss) on Sales of Mortgage Backed Securities (MBS) $583k $152k
Gain (Loss) Related to Litigation Settlement $0 $0
Financing Receivable, Credit Loss, Expense (Reversal) $1.0m $927k ($342k) ($891k)
Net Cash Provided by (Used in) Operating Activities ($24.1m) $107.1m $42.9m ($40.2m) ($100.6m) $154.5m $206.7m ($27.6m) $48.1m $24.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.1m $1.6m $4.0m $3.1m $1.2m $778k $701k $700k $1.1m $1.2m
Net Cash Provided by (Used in) Investing Activities ($25.0m) ($94.9m) ($79.9m) ($1.2m) $44.2m $147.6m ($335.7m) ($159.2m) ($24.0m) ($8.7m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $14.9m $15.7m $10.4m $8.1m $5.3m $9.1m $17.6m $4.0m $7.5m $11.5m
Proceeds from Issuance of Long-term Debt $100.0m $175.0m $255.0m $165.0m $0 $0 $200.0m $259.0m $170.0m $130.0m
Repayments of Long-term Debt $149.0m $165.0m $125.0m $0 $0 $470.0m $304.0m $175.0m $90.0m
Payments for Repurchase of Common Stock ($3.9m) $2.2m $19.2m $22.8m $36.2m $10.2m $47.8m $26.0m $14.9m $16.2m
Payments of Ordinary Dividends, Common Stock $6.9m $27.0m $27.1m $26.0m $31.5m $30.4m $30.3m $15.4m $11.3m $10.8m
Net Cash Provided by (Used in) Financing Activities ($4.2m) ($10.8m) $74.4m $29.6m $76.9m ($20.1m) ($201.0m) $176.6m ($20.8m) $15.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($53.3m) $1.4m $37.5m ($11.8m) $20.5m $282.0m ($330.1m) ($10.2m) $3.3m $31.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $74.3m $94.8m $376.7m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $16.4m $19.0m $27.4m $25.4m $14.5m $12.9m $47.7m $66.3m $59.2m
Income Taxes Paid, Net $14.4m $17.1m $10.2m $10.7m $29.5m $22.7m $4.1m $1.2m ($881k) $5.0m