Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net income	$ 5,176	$ 2,545
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of premiums and discounts on securities, net	(134)	(20)
Provision for credit losses	1,293	485
Change in deferred loan costs/fees	302	254
Gain on sales of loans, net	(98)	(80)
Proceeds from sales of loans	8,648	5,754
Loans originated for sale, net	(8,550)	(6,377)
Depreciation and amortization expense	224	227
Increase in accrued interest receivable	(1,236)	(398)
Decrease in accrued interest payable	560	606
Increase in bank-owned life insurance	(354)	(353)
Deferred income tax benefit	(152)	(470)
ESOP expense	426	356
Stock-based compensation	917	977
Increase in other assets	(27)	(187)
Decrease in other liabilities	(1,706)	(1,501)
Net cash provided by operating activities	5,289	1,818
Cash flows from investing activities:
Purchases of held-to-maturity securities	(17,992)	(8,874)
Proceeds from paydowns and maturities of held-to-maturity securities	32,754	8,640
Purchases of available-for-sale securities	(27,210)	(4,175)
Proceeds from paydowns and maturities of available-for-sale securities	3,119	5,000
Purchase of interest-bearing time deposits	(7,998)	(200)
Proceeds from maturities of interest-bearing time deposits	100	0
Investment in low-income housing tax credit fund	(2,992)	0
Purchase of Federal Home Loan Bank Stock	(4,076)	(1,734)
Redemption of Federal Home Loan Bank Stock	2,974	1,776
Loan originations and principal collections, net	(167,809)	(67,713)
Purchase of loans	(2,806)	(8,175)
Capital expenditures	(139)	(60)
Net cash used in investing activities	(192,075)	(75,515)
Cash flows from financing activities:
Net change in demand deposits, interest-bearing checking, savings and money market accounts	16,213	(6,928)
Net increase in time deposits	93,859	83,039
Proceeds from long-term Federal Home Loan Bank advances	30,815	45,000
Repayments of long-term Federal Home Loan Bank advances	(25,000)	(70,000)
Net change in short-term Federal Home Loan Bank advances	20,000	25,000
Restricted stock awards issued, net of awards surrendered	(1)	0
Payments for shares repurchased under share repurchase plan	(4,097)	(1,820)
Net cash provided by financing activities	131,789	74,291
Net (decrease) increase in cash and cash equivalents	(54,997)	594
Cash and cash equivalents at beginning of year	157,617	119,036
Cash and cash equivalents at end of period	102,620	119,630
Supplemental disclosures:
Interest paid	34,936	31,635
Income taxes paid	$ 1,750	$ 1,401

ECB Bancorp, Inc. /MD/ 10-Q