Hingham Institution for Savings (HIFS)

HIFS Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	33.76	28.19	26.37	37.52	67.46	50.77
Depreciation & Amortization	0.74	0.75	0.69	0.49	0.54	0.7
Other Amortization	0.09	0.03	0.33	0.31	0.67	0.63
Gain (Loss) on Sale of Assets	-	-	-0.13	-	-2.34	-0.12
Gain (Loss) on Sale of Investments	-15.74	-20.38	-15.15	21.78	-11.82	-7.92
Total Asset Writedown	-	-	-	-	0.07	-
Provision for Credit Losses	0.79	0.33	1.12	4.51	3.03	2.29
Accrued Interest Receivable	-0.29	1.68	-3.28	-9.18	-0.15	-0.29
Other Operating Activities	3.34	4.42	2.91	-4.93	0.98	0.23
Operating Cash Flow	22.27	11.89	19.75	55.85	59.01	45.59
Operating Cash Flow Growth	24.64%	-39.79%	-64.63%	-5.35%	29.43%	37.46%
Capital Expenditures	-0.24	-0.14	-1.3	-2.53	-1.6	-1.53
Sale of Property, Plant and Equipment	-	-	1.51	-	2.82	0.34
Investment in Securities	-14.37	-16.16	-1.46	3.45	-14.29	-10.3
Net Decrease (Increase) in Loans Originated / Sold - Investing	16.41	40.22	-258.74	-663.5	-507.47	-274.79
Other Investing Activities	-14.05	8.55	-16.59	-22.7	-6.81	5.83
Investing Cash Flow	-12.25	32.48	-276.59	-685.28	-527.34	-280.43
Short-Term Debt Issued	-	-	-	1,016	85	-
Long-Term Debt Issued	-	1,368	2,895	-	440	263.63
Total Debt Issued	576	1,368	2,895	1,016	525	263.63
Short-Term Debt Repaid	-	-163	-968	-	-	-145
Long-Term Debt Repaid	-	-1,401	-1,510	-405	-268.03	-216.49
Total Debt Repaid	-652.68	-1,564	-2,478	-405	-268.03	-361.49
Net Debt Issued (Repaid)	-76.68	-195.68	416.68	611	256.97	-97.86
Issuance of Common Stock	0.11	1.27	1.06	0.32	0.23	0.15
Common Dividends Paid	-5.5	-5.48	-5.36	-4.84	-4.14	-3.65
Net Increase (Decrease) in Deposit Accounts	59.62	142.12	-155.31	112.42	253.67	318.36
Other Financing Activities	3.9	2.76	1.62	3.14	0.41	0.96
Financing Cash Flow	-18.55	-55.02	257.28	720.3	505.51	216.68
Net Cash Flow	-8.53	-10.65	0.44	90.87	37.18	-18.16
Free Cash Flow	22.03	11.75	18.46	53.33	57.41	44.06
Free Cash Flow Growth	33.33%	-36.31%	-65.39%	-7.11%	30.29%	35.49%
Free Cash Flow Margin	29.34%	17.94%	29.07%	65.91%	50.03%	47.84%
Free Cash Flow Per Share	10.02	5.36	8.41	24.22	26.08	20.18
Cash Interest Paid	140.8	155.54	118.23	28.57	118.23	21.87
Cash Income Tax Paid	6.2	0.63	8.61	21.21	8.61	18.83

Updated Jul 11, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.