$OCFC Cashflow Statement | Understand Stock

$OCFC

$17.63 +$0.96 (5.76%) Live

$OCFC Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of cash flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment
Allocation of ESOP stock
Stock compensation
Net excess tax expense on stock compensation
Amortization of intangibles
Net accretion of purchase accounting adjustments
Amortization of servicing asset
Net (discount) premium amortization in excess of discount accretion on securities
Net amortization of deferred costs on borrowings
Net amortization of deferred fees/costs and premiums/discounts on loans
Provision for credit losses
Net gain on sale of other real estate owned
Net write-down of fixed assets held-for-sale to net realizable value
Net loss (gain) on sale of fixed assets
Net (gain) loss on equity investments
Net gain on sales of loans
Net loss on sale of available-for-sale securities
Proceeds from sales of residential loans held for sale
Residential loans originated for sale
Write down of other real estate owned
Increase in value of bank owned life insurance
Net (gain) loss on sale of assets held for sale
(Increase) decrease in interest and dividends receivable
Deferred tax provision (benefit)
Net loss on disposal of controlling interest in Trident
Decrease (increase) in other assets
Decrease in other liabilities
Total adjustments
Net cash provided by operating activities
Cash flows from investing activities:
Net (increase) decrease in loans receivable
Purchases of loan pools
Discounts received (premiums paid) on purchased loan pools
Proceeds from sale of loans
Purchase of debt securities available-for-sale
Purchase of debt securities held-to-maturity
Purchase of equity investments
Proceeds from maturities and calls of debt securities available-for-sale
Proceeds from maturities and calls of debt securities held-to-maturity
Proceeds from sales of debt securities available-for-sale
Proceeds from sales of debt securities held-to-maturity
Proceeds from sales of equity investments
Principal repayments on debt securities available-for-sale
Principal repayments on debt securities held-to-maturity
Proceeds from bank owned life insurance
Proceeds from the redemption of restricted equity investments
Purchases of restricted equity investments
Proceeds from sales of other real estate owned
Proceeds from sales of assets held-for-sale
Purchases of premises and equipment
Cash held in escrow for acquisitions
Proceeds from disposal of premises and equipment
Purchases of operating lease equipment
Net cash consideration (paid) received for acquisition
Proceeds from disposal of controlling interest in Trident
Net cash consideration paid for acquisition
Net cash (used in) provided by investing activities

Cash flows from financing activities:
Net increase (decrease) in deposits
Net payment for sale of branches
(Decrease) increase in short-term borrowings
Repayments of FHLB advances
Net proceeds (repayment) from FHLB advances
Net proceeds from issuance of subordinated notes
Proceeds from Federal Reserve Bank advances
Repayments from Federal Reserve Bank advances
Repayments of other borrowings
(Decrease) increase in advances by borrowers for taxes and insurance
Exercise of stock options
Payment of employee taxes withheld from stock awards
Purchase of treasury stock
Net proceeds from the issuance of preferred stock
Acquisition of common stock by ESOP
Dividends paid
Redemption of preferred stock
Distributions to non-controlling interest
Net cash provided by (used) in financing activities

Net increase (decrease) in cash and due from banks and restricted cash
Cash and due from banks and restricted cash at beginning of year
Cash and due from banks and restricted cash at end of year
Cash paid during the year for:
Interest
Income taxes
Non-cash activities:
Accretion of unrealized loss on securities reclassified to held-to-maturity
Net loan charge-offs
Transfer of premises and equipment to assets held-for-sale
Transfer of debt securities from available-for-sale to held-to-maturity
Transfer of securities from held-to-maturity to available-for-sale
Transfer of loans receivable to other real estate owned
Transfer of loans receivable to loans held-for-sale
Settlement of preexisting loan receivable from Spring Garden
Non-cash assets acquired:
Securities
Restricted equity investments
Loans
Other current assets
Premises and equipment
Right of use ("ROU") asset
Accrued interest receivable
Bank owned life insurance
Deferred tax asset
Other real estate owned
Other assets
Goodwill and other intangible assets, net
Total non-cash assets acquired

Liabilities assumed:
Deposits
Borrowings
Lease liability
Other liabilities
Total lease and other liabilities
Total liabilities assumed

Supplemental disclosure of cash flow information:
Cash and due from banks at beginning of year
Restricted cash at beginning of year
Cash and due from banks at end of year
Restricted cash at end of year

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