In millions, except per share items | Jun-30-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
Cash flows from operating activities | | | | | | | | |
Net income | 6.1 | 8.0 | 8.7 | 8.5 | 8.2 | 9.1 | 8.3 | 6.4 |
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Adjustments to reconcile net income to net cash and cash equivalents from operating activities: | | | | | | | | |
(Reversal of) provision for credit losses | | 1.0 | 0.7 | 1.0 | 0.3 | 1.9 | -0.9 | -1.1 |
Depreciation and amortization of premises and equipment | | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 |
Amortization of net premiums on securities | | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 |
Amortization of servicing assets | 1.1 | 0.9 | 1.4 | 1.0 | 1.2 | 1.1 | 1.0 | 1.0 |
Accretion of net discounts on loans | | -0.9 | -1.4 | -1.1 | -1.4 | -1.6 | -1.6 | -1.2 |
Amortization of low income housing partnerships | 0.4 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 |
Stock-based compensation | | 0.3 | 0.3 | 0.4 | 0.2 | 0.2 | 0.2 | 0.1 |
Deferred income taxes | | 3.1 | -1.1 | -0.9 | 0.1 | -2.7 | 0.5 | -0.2 |
Gain on sale of loans | -2.1 | -1.7 | -3.5 | -3.9 | -3.2 | -6.0 | -2.2 | -1.2 |
Earnings on company owned life insurance | | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 |
Net change in fair value of equity investment with readily determinable fair value | | 0.0 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 |
Origination of loans held for sale | | -51.6 | -17.8 | -39.3 | -28.9 | -53.4 | -47.4 | -50.9 |
Proceeds from sales of loans held for sale | | 35.2 | 70.4 | 55.6 | 35.3 | 63.0 | 23.0 | 11.9 |
Net change in: | | | | | | | | |
Accrued interest receivable | | -1.3 | -1.6 | 0.4 | 0.1 | -0.4 | -0.1 | 0.5 |
Other assets | | 11.3 | -13.5 | 2.3 | 0.2 | 9.5 | -7.2 | 3.0 |
Accrued interest payable | | 1.7 | 0.5 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Other liabilities | | -3.4 | 2.7 | -2.6 | -0.3 | 2.7 | 2.4 | -2.5 |
Net cash provided by operating activities | 4.0 | 3.0 | 46.2 | 22.0 | 12.6 | 23.9 | -23.4 | -33.5 |
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Cash flows from investing activities | | | | | | | | |
Net change in loans receivable | | -139.0 | | -32.5 | | -123.1 | | |
Proceeds from matured, called, or paid-down securities available for sale | | 6.0 | 7.3 | 9.5 | 9.4 | 8.8 | 8.8 | 10.0 |
Purchase of company owned life insurance | | | | -10.0 | | | | |
Purchase of loans | | -49.4 | -37.7 | -56.5 | -81.6 | | | -97.6 |
Purchase of available-for-sale debt securities | | -29.8 | -28.5 | -28.5 | -29.0 | -58.6 | | -19.9 |
Purchase of equity investments | | -0.1 | | | | | | |
Purchase of Federal Home Loan Bank stock | | | | -1.5 | | | | -1.0 |
Purchase of premises and equipment, net | | -0.4 | -0.2 | -0.3 | -0.5 | -0.5 | -0.3 | -0.2 |
Investment in low income housing partnerships | | -0.4 | -0.3 | -0.2 | -0.2 | -0.2 | -0.4 | -0.1 |
Net cash used in investing activities | | -85.0 | -155.0 | -87.3 | -134.5 | -132.7 | 22.1 | -107.5 |
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Cash flows from financing activities | | | | | | | | |
Net change in deposits | | 69.0 | 75.2 | 69.6 | 137.9 | 37.7 | 62.3 | 148.7 |
Cash received from stock option exercises | | 0.5 | 0.1 | | | | | 0.1 |
Proceeds from Federal Home Loan Bank advances | | | 10.0 | | | | | |
Repurchase of common stock | | | | | | | | |
Cash dividend paid on common stock | | -1.8 | -1.8 | -1.5 | -1.5 | -1.5 | -1.5 | -1.1 |
Payments related to tax-withholding for vested restricted stock awards | | 0.0 | | -0.1 | | 0.0 | 0.0 | -0.4 |
Net cash provided by financing activities | | 57.7 | 83.4 | 68.0 | 136.4 | 36.1 | 60.8 | 142.3 |
Net change in cash and cash equivalents | | -24.3 | -25.4 | 2.7 | 14.5 | -72.7 | 59.5 | 1.3 |
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Supplemental cash flow information: | | | | | | | | |
Income taxes | | 3.9 | 2.6 | 7.9 | | 3.5 | 1.0 | 6.3 |
Interest | | 3.2 | 4.2 | 1.0 | 0.7 | 0.7 | 0.8 | 0.8 |
Supplemental non-cash disclosure: | | | | | | | | |