Esquire Financial Holdings, Inc.

For the period ended Mar 31, 2025. Filed May 12, 2025.

About this filing

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.

Mar 31, 2025 · Filed May 12, 2025

ESQ$131.84-1.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Cash Flows

(Dollars in thousands)



· · Three Months Ended
· · March 31,
	2025		2024
Cash flows from operating activities:
Net income		$11,407		$10,058
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses		1,500		1,000
Depreciation and amortization of premises and equipment		260		176
Stock compensation expense		1,089		967
Net amortization (accretion):
Securities		126		88
Loans		(28)		(148)
Right of use asset		185		138
Software		464		431
Changes in other assets and liabilities:
Accrued interest receivable		(668)		(177)
Other assets		(866)		(1,829)
Operating lease liability		(221)		(173)
Accrued expenses and other liabilities		2,562		2,246
Net cash provided by operating activities		15,810		12,777
Cash flows from investing activities:
Net change in loans		(21,827)		(20,789)
Purchases of securities available-for-sale		—		(24,973)
Principal repayments on securities available-for-sale		8,536		3,292
Principal repayments on securities held-to-maturity		1,899		1,736
Purchase of equity investment		(450)		(3,524)
Purchases of premises and equipment		(1,152)		(235)
Development of capitalized software		(597)		(691)
Net cash used in investing activities		(13,591)		(45,184)
Cash flows from financing activities:
Net increase in deposits		45,884		26,750
Exercise of stock options, net of repurchases		9		173
Tax withholding payments for vested equity awards		—		(299)
Cash dividends paid to common stockholders		(1,400)		(1,183)
Net cash provided by financing activities		44,493		25,441
Increase (decrease) in cash and cash equivalents		46,712		(6,966)
Cash and cash equivalents at beginning of the period		126,329		165,209
Cash and cash equivalents at end of the period		$173,041		$158,243

Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest		$3,919		$3,205
Taxes		901		646
Noncash transactions:
Dividends declared but not paid		79		59
Exchange of noncash instruments		—		(300)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.