Ponce Financial Group, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
PDLB$21.95-0.8%Stored close · as of Nov 10, 2026
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Consolidated Statements of Cash Flows (Unaudited)
Nine Months Ended September 30, 2025 and 2024
(In thousands)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2025 | 2024 | |
| Cash Flows From Operating Activities: | ||
| Net income | $18,567 | $8,039 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||
| Amortization of premiums/discounts on securities, net | (54) | (82) |
| Gain on sale of loans | (887) | (794) |
| Provision for credit losses | 2,705 | 235 |
| Depreciation and amortization | 3,578 | 3,484 |
| ESOP compensation expense | 1,573 | 1,028 |
| Share-based compensation expense | 1,413 | 1,555 |
| Deferred income taxes | (1,328) | 1,691 |
| Changes in assets and liabilities: | ||
| Decrease in mortgage loans held for sale, fair value | 5,425 | 2,032 |
| (Increase) decrease in accrued interest receivable | (1,132) | 1,120 |
| Increase in other assets | (8,097) | (26,669) |
| Increase (decrease) in accrued interest payable | 660 | (9,047) |
| Decrease in operating lease liabilities | (2,015) | (1,897) |
| Increase in other liabilities | 245 | 3,650 |
| Net cash provided by (used in) operating activities | 20,653 | (15,655) |
| Cash Flows From Investing Activities: | ||
| Net redemption and (purchase) of FHLBNY stock | 3,237 | (9,123) |
| Proceeds from maturities, calls and principal repayments on securities | 97,714 | 70,940 |
| Proceeds from sale of loans | 6,653 | — |
| Net increase in loans | (212,638) | (279,739) |
| Purchase of loans | — | (5,956) |
| Purchases of premises and equipment | (1,013) | (2,242) |
| Net cash used in investing activities | (106,047) | (226,120) |
| Cash Flows From Financing Activities: | ||
| Net increase in deposits | 167,868 | 362,703 |
| Stock options exercised | 110 | — |
| Net repayments from borrowings | (75,000) | (104,000) |
| Dividends paid on preferred stock | (844) | (306) |
| Net cash provided by financing activities | 92,134 | 258,397 |
| Net increase in cash and cash equivalents | 6,740 | 16,622 |
| Cash and cash equivalents at beginning of period | 139,839 | 139,190 |
| Cash and cash equivalents at end of period | $146,579 | $155,812 |
| Supplemental disclosures of cash flow information: | ||
| Cash paid for interest on deposits and borrowings | $64,167 | $73,048 |
| Cash paid for income taxes | $6,385 | $1,363 |
| Supplemental Disclosures of Noncash Investing Activities: | ||
| Transferred from loans receivable to mortgage loans held for sale, at fair value | $— | $824 |
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