← Northfield Bancorp, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $26.1m |
$24.8m
-5.21%
|
$40.1m
+61.82%
|
$40.2m
+0.39%
|
$37.0m
-8.07%
|
$70.7m
+91.02%
|
$61.1m
-13.50%
|
$37.7m
-38.37%
|
$29.9m
-20.50%
|
$796k
-97.34%
|
— | |
| Amortization of Debt Issuance Costs | — | — | — | — | $0 | $0 | $112k | $223k | $223k | $223k | — | |
| Amortization of Intangible Assets | $447k | $386k | $326k | $265k | $229k | $200k | $174k | $124k | $85k | $47k | — | |
| Depreciation | $3.6m | $3.2m | $3.0m | $3.6m | $3.9m | $3.9m | $3.6m | $3.7m | $3.6m | $3.2m | $7.9m | |
| Depreciation, Nonproduction | $3.6m | $3.2m | $3.0m | $3.6m | $3.9m | $3.9m | $3.6m | $3.7m | $3.6m | $3.2m | $8.0m | |
| Amortization of premiums and deferred loan costs, net of accretion of discounts and deferred loan fees | $2.2m | $2.0m | $2.4m | $4.3m | $4.1m | $2.6m | $9.3m | $6.7m | $2.4m | $3.9m | — | |
| Amortization of operating lease right-of-use assets | — | — | — | $5.1m | $4.6m | $4.4m | $4.6m | $4.7m | $4.7m | $4.8m | — | |
| Deferred tax (benefit) provision | ($3.1m) | $15.2m | ($893k) | ($177k) | ($3.1m) | $3.2m | ($625k) | $2.9m | $1.3m | ($984k) | — | |
| Share-based Payment Arrangement, Noncash Expense | $9.6m | $8.7m | $7.8m | $5.6m | $3.2m | $3.6m | $4.1m | $4.4m | $4.2m | $5.0m | $4.8m | |
| Share-based Payment Arrangement, Expense | $7.3m | $6.2m | $5.4m | $3.2m | $1.4m | $994k | $1.8m | $2.4m | $2.3m | $3.0m | $4.8m | |
| ESOP and stock compensation expense | $9.6m | $8.7m | $7.8m | $5.6m | $3.2m | $3.6m | $4.1m | $4.4m | $4.2m | $5.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $41.0m | $41.0m | |
| Goodwill impairment | — | — | — | — | — | — | — | $0 | $0 | $41.0m | $41.0m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $4.5m | $1.4m | $4.3m | $7.4m | — | |
| Increase in accrued interest receivable | $1k | ($999k) | ($2.2m) | ($1.6m) | $1.3m | $118k | ($2.9m) | ($1.1m) | ($587k) | ($1.0m) | — | |
| (Decrease) increase in accrued expenses and other liabilities | $571k | ($560k) | ($631k) | $1.0m | ($4.2m) | $5.0m | $4.2m | $674k | ($623k) | ($2.8m) | — | |
| Increase (Decrease) in Other Operating Assets | ($3.1m) | $3.7m | ($3.6m) | ($2.7m) | ($1.3m) | $14.5m | $3.7m | $8.9m | $9.4m | ($502k) | — | |
| Decrease (increase) in other assets | $3.1m | ($3.7m) | $3.6m | $2.7m | $1.3m | ($14.5m) | ($3.7m) | ($8.9m) | ($9.4m) | $502k | — | |
| Net Cash Provided by (Used in) Operating Activities | $37.7m |
$43.6m
+15.71%
|
$52.8m
+21.01%
|
$51.2m
-3.10%
|
$55.2m
+7.94%
|
$64.8m
+17.29%
|
$83.3m
+28.68%
|
$47.0m
-43.63%
|
$31.1m
-33.78%
|
$53.7m
+72.63%
|
$64.1m
+19.28%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.4m | $0 | ($1.7m) | |
| Payments to Acquire Property, Plant, and Equipment | $932k | $2.1m | $2.9m | $3.6m | $3.1m | $1.6m | $2.6m | ($3.6m) | ($1.2m) | ($1.1m) | ($1.1m) | |
| Equipment Expense | $1.4m | $1.1m | $1.0m | $1.1m | $1.5m | $1.7m | $1.7m | $1.9m | $1.8m | $1.6m | — | |
| (Gain) loss on sale of premises and equipment and other real estate owned, net | — | — | — | — | — | — | $17k | ($7k) | $3.4m | $0 | — | |
| Proceeds from sale of premises and equipment and other real estate owned | $45k | $0 | — | — | $0 | $0 | $125k | $63k | $3.8m | $0 | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $162.6m | $114.4m | $118.5m | $243.4m | $556.9m | $454.4m | $305.0m | $247.5m | $895.2m | $569.1m | — | |
| Losses on available-for-sale debt securities, net | — | ($169k) | ($178k) | ($514k) | ($327k) | ($1.5m) | ($279k) | $17k | $6k | $0 | — | |
| Purchases of debt securities available-for-sale | ($105.9m) | ($137.6m) | ($451.2m) | ($635.9m) | ($572.3m) | ($747.0m) | ($169.0m) | ($73.5m) | ($1.2b) | ($859.6m) | — | |
| Principal payments and maturities on debt securities available-for-sale | $162.6m | $114.4m | $118.5m | $243.4m | $556.9m | $454.4m | $305.0m | $247.5m | $895.2m | $569.1m | — | |
| Principal payments and maturities on debt securities held-to-maturity | $181k | $200k | $403k | $709k | $1.5m | $1.9m | $720k | $877k | $571k | $997k | — | |
| Net cash (used in) provided by investing activities | ($97.6m) | ($190.5m) | ($406.4m) | ($522.7m) | ($131.9m) | $85.0m | ($280.2m) | $193.9m | ($118.5m) | ($128.4m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($97.6m) | ($190.5m) | ($406.4m) | ($522.7m) | ($131.9m) | $85.0m | ($280.2m) | $193.9m | ($118.5m) | ($128.4m) | $59.5m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $315.9m | $443.0m | $459.7m | $758.5m | $636.0m | $170.0m | $120.0m | — | — | — | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | $2.0m | $1.6m | $1.7m | ($2.2m) | $1.7m | $1.7m | $1.7m | — | |
| Proceeds from Issuance of Long-term Debt | $229.0m | $441.6m | $397.3m | $1.2b | $370.8m | $0 | — | — | — | — | $1.5b | |
| Proceeds from securities sold under agreements to repurchase and other borrowings | $229.0m | $441.6m | $397.3m | $1.2b | $370.8m | $0 | $282.1m | $743.6m | $892.4m | $5.3b | — | |
| Repayments related to securities sold under agreements to repurchase and other borrowings | ($315.9m) | ($443.0m) | ($459.7m) | ($758.5m) | ($636.0m) | ($170.0m) | ($120.0m) | ($468.1m) | ($1.1b) | ($5.1b) | — | |
| Payments for Repurchase of Common Stock | $2.2m | $0 | $5k | $15.8m | $10.4m | $53.3m | $30.9m | $37.2m | $18.7m | $15.4m | — | |
| Payments of Ordinary Dividends, Common Stock | $14 | $16 | $19 | $20 | $21 | $24 | $24 | $23 | $22 | $21 | ($21.0m) | |
| Dividends paid | ($14) | ($16) | ($19) | ($20) | ($21) | ($24) | ($24) | ($23) | ($22) | ($21) | ($21.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $104.1m |
$108.7m
+4.33%
|
$373.5m
+243.74%
|
$541.6m
+45.02%
|
$16.4m
-96.97%
|
($146.2m)
-989.64%
|
$151.6m
+203.68%
|
($57.1m)
-137.68%
|
$25.6m
+144.85%
|
$70.9m
+176.55%
|
$14.4m
-79.64%
|
|
| Net (decrease) increase in cash and cash equivalents | $44.2m | ($38.2m) | $19.9m | $70.1m | ($60.3m) | $3.5m | ($45.3m) | $183.7m | ($61.8m) | ($3.8m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $70.1m | ($60.3m) | $3.5m | ($45.3m) | $183.7m | ($61.8m) | ($3.8m) | $239.6m | |
| Cash and cash equivalents at beginning of year | — | $57.8m | $77.8m | $147.8m | $87.5m | $91.1m | $45.8m | $229.5m | $167.7m | $164.0m | $101.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $147.8m | $87.5m | $91.1m | $45.8m | $229.5m | $167.7m | $164.0m | $239.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Bank Owned Life Insurance Income | $4.0m | $5.4m | $3.7m | $7.0m | $3.8m | $4.1m | $3.4m | $3.6m | $4.2m | $7.1m | — | |
| Gain (Loss) on Sales of Loans, Net | — | — | — | — | $665k | $1.4m | $453k | $134k | $51k | $0 | — | |
| Proceeds from Stock Options Exercised | $120k | $100k | $2.1m | $5.8m | $175k | $3.4m | $1.7m | $100k | $0 | $0 | — | |
| Parent Company | $14.1m | $15.6m | $18.7m | $20.2m | $21.5m | $24.3m | $24.1m | $22.8m | $21.8m | $21.2m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $22.0m | $23.8m | $35.8m | $51.6m | $39.6m | $17.5m | $19.3m | $80.4m | $126.8m | $112.1m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $10.7m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Financing Receivable | — | — | — | — | — | — | — | $134k | $51k | $0 | — | |
| Goodwill | $38.4m | $38.4m | $38.4m | $38.4m | $41.3m | $41.0m | $41.0m | $41.0m | $41.0m | $0 | $41.0m | |
| Income Tax Expense (Benefit) | $13.7m | $27.0m | $9.6m | $12.8m | $13.0m | $26.5m | $23.7m | $14.1m | $10.6m | $16.3m | — | |
| Operating Lease, Expense | — | — | — | $6.8m | $8.0m | $5.9m | $6.1m | $6.0m | $6.0m | $5.9m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | $635k | $1.4m | $2.6m | $22k | $12.7m | ($6.2m) | — | — | — | — | — | |
| Provision for credit losses | — | — | — | — | $12.7m | ($6.2m) | $4.5m | $1.4m | $4.3m | $7.4m | — | |
| Income on bank-owned life insurance | ($4.0m) | ($5.4m) | ($3.7m) | ($7.0m) | ($3.8m) | ($4.1m) | ($3.4m) | ($3.6m) | ($4.2m) | ($7.1m) | — | |
| Net gain on sale of loans held-for-sale | $0 | $0 | — | — | ($665k) | ($1.4m) | ($453k) | ($134k) | ($51k) | $0 | — | |
| Proceeds from loans held-for-sale | $0 | $494k | $0 | $0 | $0 | $0 | $3.5m | $1.6m | $673k | $0 | $209.2m | |
| Origination of loans held-for-sale | $0 | $0 | — | — | $0 | $0 | ($3.4m) | ($1.4m) | ($622k) | $0 | — | |
| Gains on trading securities, net | — | ($1.1m) | $879k | ($2.0m) | ($1.6m) | ($1.7m) | $2.2m | ($1.7m) | ($1.7m) | ($1.7m) | — | |
| Net sales (purchases) of trading securities | ($637k) |
($626k)
+1.73%
|
($250k)
+60.06%
|
($266k)
-6.40%
|
$532k
+300.00%
|
$533k
+0.19%
|
$504k
-5.44%
|
($77k)
-115.28%
|
$330k
+528.57%
|
$363k
+10.00%
|
— | |
| Net decrease in loans receivable | ($87.5m) | ($110.2m) | ($69.3m) | ($147.5m) | ($276.6m) | ($105.5m) | ($430.8m) | $35.9m | $173.3m | $189.6m | — | |
| Purchase of loans | ($167.3m) | ($64.1m) | ($37.6m) | ($44.9m) | $0 | $0 | ($10.2m) | ($3.8m) | ($5.1m) | ($25.8m) | — | |
| Purchase of FHLB of New York stock | ($9.5m) | ($18.9m) | ($21.6m) | ($38.5m) | ($10.5m) | ($220k) | ($44.6m) | ($45.3m) | ($26.0m) | ($63.8m) | — | |
| Redemption of FHLB of New York stock | $10.7m | $19.0m | $24.1m | $21.5m | $21.7m | $6.5m | $36.5m | $36.0m | $29.7m | $53.1m | — | |
| Purchases of equity securities | — | — | $0 | ($2.1m) | ($27k) | ($5.1m) | ($5.0m) | ($186k) | ($3.6m) | $0 | — | |
| Proceeds from sale of equity securities | $0 | $966k | $0 | $0 | $3.1m | $0 | $0 | $0 | $0 | $9.3m | — | |
| Net (decrease) increase in deposits | $204.5m | $123.4m | $449.5m | $121.7m | $313.7m | $92.8m | ($19.1m) | ($271.8m) | $260.0m | ($122.7m) | — | |
| Exercise of stock options | $120k | $100k | $2.1m | $5.8m | $175k | $3.4m | $1.7m | $100k | $0 | $0 | — | |
| Purchase of treasury stock | ($2.2m) | $0 | ($5k) | ($15.8m) | ($10.4m) | ($53.3m) | ($30.9m) | ($37.2m) | ($18.7m) | ($15.4m) | — | |
| Decrease in advance payments by borrowers for taxes and insurance | — | $2.5m | $3.2m | $2.0m | ($368k) | $5.2m | $1.1m | ($893k) | ($1.0m) | ($3.8m) | — | |
| Loans charged-off, net | $810k | — | — | — | $3.8m | $2.8m | $838k | $6.4m | $6.6m | $4.4m | — | |
| Transfers of loans held-for-sale at fair value to loans held-for-investment | — | — | — | $0 | $0 | $1.6m | $0 | $0 | $4.9m | $0 | — | |
| Right-of-use assets obtained in exchange for new lease liabilities | — | — | — | $1.0m | $3.6m | $1.6m | $5.0m | $645k | $2.2m | $2.8m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.