Financial Performance - Consolidated net income for the quarter ended June 30, 2024, was $5.7 million, an increase of 42.5% from $4.0 million for the same quarter in 2023[2] - Net income for the quarter ended June 30, 2024, was $5.712 million, up from $4.007 million in the same quarter of 2023, representing a growth of 42.5%[17] - Net income for June 30, 2024, was $4,349,000, up from $2,640,000 for March 31, 2024, indicating a significant increase of 64.7%[20] - Net income for June 30, 2024, was $1,313 thousand, a significant increase from $298 thousand for March 31, 2024[28] Asset and Deposit Growth - Average deposits increased by $35.7 million, or 3.0%, to $1.22 billion for the quarter ended June 30, 2024, compared to $1.18 billion for the same quarter in 2023[3] - Total assets reached $2.289 billion as of June 30, 2024, compared to $2.213 billion as of June 30, 2023, marking an increase of 3.4%[18] Loan Performance - Loan originations rose by $10.8 million, or 1.7%, to $634.1 million during the quarter ended June 30, 2024, compared to $623.3 million for the same quarter in 2023[4] - Average loans held for investment increased by $81.6 million, or 5.1%, to $1.67 billion for the quarter ended June 30, 2024, compared to $1.59 billion for the same quarter in 2023[13] - Past due loans in the Community Banking Segment rose to $9.3 million at June 30, 2024, compared to $5.7 million at June 30, 2023[13] - Loan originations reached $634,109 thousand for June 30, 2024, up from $485,109 thousand for March 31, 2024, indicating a growth of 30.6%[28] Income and Expense Analysis - Net interest income fell by $2.0 million, or 15.1%, to $11.2 million for the quarter ended June 30, 2024, down from $13.2 million in the same quarter of 2023[13] - Total interest income increased to $28.020 million for the quarter ended June 30, 2024, from $24.247 million in the same quarter of 2023, representing a growth of 11.5%[17] - Net interest income after provision for credit losses was $10.904 million for the quarter ended June 30, 2024, compared to $12.489 million for the same quarter in 2023, a decrease of 12.7%[17] - Total noninterest income increased to $26.497 million for the quarter ended June 30, 2024, from $23.525 million in the same quarter of 2023, reflecting a growth of 8.4%[17] - Total noninterest expenses were $7,937,000 for June 30, 2024, a decrease from $8,204,000 for March 31, 2024, showing a reduction of 3.3%[20] - Total noninterest income increased to $25,081 thousand for June 30, 2024, from $20,328 thousand for March 31, 2024, representing a growth of 23.3%[28] - Total noninterest expenses increased to $22,478 thousand for June 30, 2024, from $19,456 thousand for March 31, 2024, reflecting a rise of 10.4%[28] Efficiency and Ratios - Return on average assets improved to 1.02% for the quarter ended June 30, 2024, compared to 0.74% for the same quarter in 2023[2] - The efficiency ratio was 62.37% for the quarter ended June 30, 2024, compared to 55.81% for the same quarter in 2023[3] - The efficiency ratio for the quarter-to-date (QTD) was 62.37%, an improvement from 65.17% for the previous quarter[20] - Return on average equity (QTD) was 6.84% for June 30, 2024, up from 3.56% for March 31, 2024[26] - The net interest margin (QTD) was 2.01% for June 30, 2024, slightly down from 2.15% for March 31, 2024[26] Shareholder Returns - The company maintained a robust share repurchase program, repurchasing approximately 481,000 shares at a cost of $5.8 million, or $11.99 per share, which was accretive to book value per share by $0.13[2] - Book value per share increased to $17.20 at June 30, 2024, from $16.94 at December 31, 2023[2]

Financial Performance - Net income for the community banking segment decreased to $2.6 million for Q1 2024, down from $4.8 million in Q1 2023, reflecting a decline of 45.8%[161] - Net interest income for the community banking segment fell by $2.4 million to $11.6 million in Q1 2024, compared to $14.0 million in Q1 2023, a decrease of 17.1%[161] - The mortgage banking segment reported a net income of $298,000 for Q1 2024, a significant recovery from a net loss of $2.7 million in Q1 2023[164] - Total noninterest income increased by $2.7 million, or 14.5%, to $21.2 million, primarily due to a rise in mortgage banking income[179] - Mortgage banking income grew by $3.3 million, or 19.7%, to $20.1 million, resulting from a $62.0 million increase in total loan origination volume, which rose by 14.9%[180] Interest Income and Expense - Interest income on loans increased by $4.6 million, or 23.1%, to $24.5 million, driven by a 59 basis point increase in average yield and an 8.7% increase in average loans held for investment[176] - Interest expense on deposits and borrowings increased by $7.6 million in Q1 2024 due to rising interest rates, impacting net interest income[161] - Net interest income decreased by $2.7 million, or 19.3%, to $11.1 million for the three months ended March 31, 2024, compared to $13.8 million for the same period in 2023, primarily due to increased cost of funds from rising interest rates[175] - Interest expense on time deposits rose by $4.6 million, or 150.8%, to $7.7 million, attributed to a 227 basis point increase in average cost and a $91.0 million increase in average balance[176] - The net interest margin on a fully tax equivalent basis was 2.16% for the three months ended March 31, 2024, compared to 2.90% for the same period in 2023[175] Asset Quality - The provision for credit losses was $105,000 in Q1 2024, down from $388,000 in Q1 2023, indicating improved credit quality[162] - The provision for credit losses was $67,000 for the three months ended March 31, 2024, a decrease from $460,000 for the same period in 2023[177] - Total nonperforming assets increased slightly to $5.078 million at March 31, 2024, from $5.062 million at March 31, 2023[198] - The allowance for credit losses remained at $18.5 million at March 31, 2024, with a negative provision of $3,000 for the quarter[189] - Past due loans decreased by $604,000, or 5.4%, to $10.6 million at March 31, 2024, from $11.3 million at December 31, 2023[208] Balance Sheet Highlights - Total assets increased to $2.19 billion as of March 31, 2024, compared to $2.05 billion as of March 31, 2023[175] - Cash and cash equivalents rose by $9.3 million, or 25.5%, to $45.7 million at March 31, 2024, compared to $36.4 million at December 31, 2023[184] - Total deposits increased by $9.3 million to $1.20 billion at March 31, 2024, primarily due to a $17.0 million increase in time deposits[191] - Total borrowings increased by $23.1 million, or 3.8%, to $634.2 million at March 31, 2024[192] - Shareholders' equity decreased by $6.1 million to $338.0 million at March 31, 2024, primarily due to dividends declared and stock repurchases[195] Regulatory and Capital Management - As of March 31, 2024, WaterStone Bank exceeded all regulatory capital requirements and is considered "well capitalized" under regulatory guidelines[230] - The Company had approximately $293.5 million of uninsured deposits for approximately 1,243 customers as of March 31, 2024[225] - The Company authorized a 2,000,000 share stock repurchase program in the second quarter of 2023, with approximately 403,000 shares remaining as of March 31, 2024[229] Interest Rate Risk Management - A 100 basis point instantaneous increase in interest rates is projected to decrease forecast net interest income over the next 12 months by 7.08%, while a 100 basis point decrease in rates is expected to increase net interest income by 7.86%[239] - WaterStone Bank emphasizes variable rate loans and has implemented strategies to manage interest rate risk, including reducing the expected average life of the investment portfolio[235] - Management regularly monitors interest rate risk to minimize exposure of earnings and capital to changes in interest rates[236] - The Asset/Liability Committee meets at least weekly to review asset/liability policies and interest rate risk position, which are evaluated quarterly[234] Internal Controls and Procedures - The company’s disclosure controls and procedures have been evaluated and deemed effective by the CEO and CFO as of the end of the reporting period[240] - There have been no changes in the company's internal control over financial reporting that materially affected its effectiveness during the fiscal quarter[241]

Financial Performance - Consolidated net income for the quarter ended March 31, 2024, was $3.0 million, or $0.16 per diluted share, compared to $2.2 million, or $0.10 per diluted share for the same period in 2023[1][4] - Net income for the quarter was $3,038 thousand, a significant recovery from a net loss of $40 thousand in the same quarter of the previous year[15] - Net income for the quarter was $2,640,000, down 35.4% from $4,074,000 in the same quarter last year[18] Loan and Asset Growth - Average loans held for investment increased by $133.0 million, or 8.7%, to $1.66 billion during the quarter ended March 31, 2024, compared to $1.53 billion for the same period in 2023[4] - Loan originations increased by $42.4 million, or 9.6%, to $485.1 million during the quarter ended March 31, 2024, compared to $442.7 million for the same period in 2023[6] - Total assets increased to $2,234,724 thousand as of March 31, 2024, compared to $2,213,389 thousand on December 31, 2023, reflecting a growth of 0.96%[13] - Total deposits increased to $1,199,894 thousand, up from $1,190,624 thousand, marking a growth of 0.2%[13] Income and Margin Analysis - Net interest income decreased by $2.4 million, or 17.2%, to $11.6 million for the quarter ended March 31, 2024, compared to $14.0 million for the same period in 2023[4] - The net interest margin decreased by 73 basis points to 2.15% for the quarter ended March 31, 2024, compared to 2.88% for the same period in 2023[4] - The net interest margin for the quarter was 2.15%, a decrease from 2.25% in the previous quarter[15] - Net interest income for the three months ended March 31, 2024, was $11,598,000, a decrease of 3.8% from $12,056,000 in the previous quarter[18] Noninterest Income - Mortgage banking non-interest income increased by $2.4 million, or 13.2%, to $20.3 million for the quarter ended March 31, 2024, compared to $18.0 million for the same period in 2023[6] - Total noninterest income rose to $21,248 thousand, up 25.5% from $16,876 thousand in the previous quarter[15] - Total noninterest income increased to $990,000 for the quarter, up from $894,000 in the previous quarter, representing an increase of 10.8%[18] - In the mortgage banking segment, total noninterest income rose to $20,328,000, up from $16,028,000 in the previous quarter, marking a 26.8% increase[20] Efficiency and Operational Metrics - The efficiency ratio for the Mortgage Banking segment was 65.17% for the quarter ended March 31, 2024, compared to 54.53% for the same period in 2023[6] - The efficiency ratio for the quarter was 65.17%, compared to 63.26% in the previous quarter, indicating a decline in operational efficiency[18] - The efficiency ratio for the mortgage banking segment was 98.33%, a significant improvement from 137.86% in the previous quarter[20] Shareholder Returns - Dividends declared during the quarter totaled $0.15 per common share[4] - The company declared dividends of $0.15 per common share, consistent with the previous quarter[15] - The company repurchased approximately 417,000 shares at a cost of $5.3 million, or $12.65 per share, during the quarter[4] Credit Quality - Nonperforming assets as a percentage of total assets remained stable at 0.23% as of March 31, 2024, compared to 0.22% at March 31, 2023[4] - The allowance for credit losses on loans remained stable at 1.11% of loans receivable[15] - The provision for credit losses in the mortgage banking segment was $(38,000), compared to a provision of $115,000 in the previous quarter, indicating a reduction in expected credit losses[20]

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 F O R M 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36271 WATERSTONE FINANCIAL, INC. (Exact name of registrant as specified in its charter) Maryland 90-1026709 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) | 53226 | | --- | | 11200 W. Plank Court Wauwatosa, Wisconsin | (Address of principal executive offices) (Zip Code) (414) 761-1000 (Registrant's telephone number, including ar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-36271 WATERSTONE FINANCIAL, INC. (Exact name of registrant as specified in its charter) Maryland 90-1026709 (State or other jurisdiction of incorporation or ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 | 53226 | | --- | | 11200 W. Plank Court Wauwatosa, Wisconsin | Form 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-36271 WATERSTONE FINANCIAL, INC. (Exact name of registrant as specified in its charter) Mar ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 F O R M 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36271 WATERSTONE FINANCIAL, INC. (Exact name of registrant as specified in its charter) Maryland 90-1026709 (State or other jurisdiction of incorporation or organization) ...

Table of Contents For the quarterly period ended September 30, 2022 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-36271 WATERSTONE FINANCIAL, INC. (Exact name of registrant as specified in its charter) Maryland 90-1026709 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ Quarterly report pursuant to Secti ...

[PART I. FINANCIAL INFORMATION](index=3&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Item 1. Financial Statements](index=3&type=section&id=Item%20l.%20Financial%20Statements) The financial statements present the company's financial position, results of operations, and cash flows, highlighting a decrease in assets and net income Consolidated Statements of Financial Condition - Total assets decreased to **$1.94 billion** as of June 30, 2022, from **$2.22 billion** at December 31, 2021, primarily due to a significant reduction in cash and cash equivalents and loans held for sale[11](index=11&type=chunk) Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | $122,193 | $376,722 | | Loans held for sale | $206,702 | $312,738 | | Loans receivable, net | $1,259,289 | $1,190,007 | | **Total Assets** | **$1,941,097** | **$2,215,858** | | **Liabilities & Equity** | | | | Total deposits | $1,213,230 | $1,233,386 | | Borrowings | $281,100 | $477,127 | | **Total Liabilities** | **$1,554,717** | **$1,783,085** | | **Total Shareholders' Equity** | **$386,380** | **$432,773** | Consolidated Statements of Income - Net income for the second quarter of 2022 was **$8.0 million**, a significant decrease from **$17.9 million** in the same period of 2021, driven by a sharp reduction in mortgage banking income[13](index=13&type=chunk) Consolidated Income Statement Summary (in thousands, except per share data) | Metric | Q2 2022 | Q2 2021 | YTD 2022 | YTD 2021 | | :--- | :--- | :--- | :--- | :--- | | Net Interest Income | $14,081 | $14,277 | $25,945 | $28,229 | | Mortgage Banking Income | $29,410 | $49,649 | $57,685 | $104,040 | | Total Noninterest Income | $31,238 | $52,044 | $61,056 | $108,243 | | Total Noninterest Expenses | $35,050 | $43,297 | $69,984 | $86,297 | | **Net Income** | **$7,990** | **$17,894** | **$13,282** | **$39,238** | | Diluted EPS | $0.36 | $0.74 | $0.58 | $1.64 | Consolidated Statements of Changes in Shareholders' Equity - Shareholders' equity decreased from **$432.8 million** at year-end 2021 to **$386.4 million** at June 30, 2022, driven by stock repurchases, comprehensive loss, and cash dividends[17](index=17&type=chunk) - The company repurchased **2,099,000 shares** of common stock for **$37.9 million** during the first six months of 2022[17](index=17&type=chunk) Consolidated Statements of Cash Flows - Cash and cash equivalents decreased by **$254.5 million** in the first six months of 2022, compared to an increase of **$134.0 million** in the same period of 2021[22](index=22&type=chunk) - Significant financing activities in the first half of 2022 included the repayment of **$195.0 million** in long-term debt and the repurchase of **$37.9 million** in common stock[22](index=22&type=chunk) Cash Flow Summary for the Six Months Ended June 30 (in thousands) | Activity | 2022 | 2021 | | :--- | :--- | :--- | | Net cash provided by operating activities | $118,163 | $76,913 | | Net cash (used in) provided by investing activities | ($100,752) | $64,108 | | Net cash used in financing activities | ($271,940) | ($7,049) | | **(Decrease) increase in cash and cash equivalents** | **($254,529)** | **$133,972** | Notes to Consolidated Financial Statements - The Company adopted ASC Topic 326 (CECL) on January 1, 2022, resulting in a **$1.4 million** after-tax decrease to retained earnings[35](index=35&type=chunk) - The company operates through two main subsidiaries: WaterStone Bank SSB, a community bank, and Waterstone Mortgage Corporation, a mortgage banking subsidiary[24](index=24&type=chunk)[25](index=25&type=chunk)[26](index=26&type=chunk) - Non-accrual loans increased to **$7.5 million** (0.59% of total loans) at June 30, 2022, from **$5.6 million** (0.46% of total loans) at December 31, 2021[80](index=80&type=chunk) - The company has two reportable segments: Community Banking and Mortgage Banking[155](index=155&type=chunk)[156](index=156&type=chunk)[158](index=158&type=chunk) Loan Portfolio Composition (in thousands) | Loan Type | June 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | One- to four-family | $312,657 | $300,523 | | Multi-family | $597,304 | $537,956 | | Commercial real estate | $266,375 | $250,676 | | Construction and land | $70,075 | $82,588 | | Other | $29,149 | $34,042 | | **Total** | **$1,276,560** | **$1,205,785** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=45&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Profitability declined significantly due to the mortgage banking segment's performance amid rising interest rates, while total assets decreased from lower cash balances Results of Operations - The Mortgage Banking segment's net income plummeted to **$1.7 million** in Q2 2022 from **$10.4 million** in Q2 2021, caused by lower origination volume and compressed margins[179](index=179&type=chunk) - The Community Banking segment's Q2 2022 net income was **$6.3 million**, down from **$7.5 million** in Q2 2021, due to lower net interest income[174](index=174&type=chunk) - Consolidated noninterest income for Q2 2022 decreased **40.0%** to **$31.2 million**, primarily due to a **$20.2 million** drop in mortgage banking income[195](index=195&type=chunk) - Consolidated noninterest expenses for Q2 2022 decreased **19.0%** to **$35.1 million**, mainly from an **$8.1 million** reduction in compensation and benefits[197](index=197&type=chunk)[200](index=200&type=chunk) Consolidated Results of Operations Summary | Metric | Q2 2022 | Q2 2021 | YTD 2022 | YTD 2021 | | :--- | :--- | :--- | :--- | :--- | | Net Income (in thousands) | $7,990 | $17,894 | $13,282 | $39,238 | | Diluted EPS | $0.36 | $0.74 | $0.58 | $1.64 | | Annualized ROA | 1.61% | 3.25% | 1.30% | 3.62% | | Annualized ROE | 7.93% | 16.49% | 6.42% | 18.49% | Financial Condition - Total assets decreased by **$274.8 million (12.4%)** to **$1.94 billion** at June 30, 2022, mainly due to a **$254.5 million** decrease in cash[225](index=225&type=chunk)[226](index=226&type=chunk)[228](index=228&type=chunk) - Loans receivable held for investment grew by **$70.8 million** to **$1.28 billion**, driven by increases in core real estate loan categories[228](index=228&type=chunk) - Total borrowings decreased by **$196.0 million (41.1%)** to **$281.1 million**, primarily due to the payoff of **$200.0 million** in FHLB borrowings[235](index=235&type=chunk) - Shareholders' equity declined by **$46.4 million** to **$386.4 million**, impacted by dividends, stock repurchases, and the adoption of CECL[238](index=238&type=chunk) Asset Quality - The allowance for credit losses on loans increased by **$1.5 million** to **$17.3 million** at June 30, 2022, due to the CECL adoption and provisions[231](index=231&type=chunk)[259](index=259&type=chunk) - Total past due loans increased slightly to **$7.7 million** (0.60% of total loans) at June 30, 2022, from **$7.1 million** (0.59% of total loans) at year-end 2021[255](index=255&type=chunk) Nonperforming Assets (in thousands) | Category | June 30, 2022 | Dec 31, 2021 | | :--- | :--- | :--- | | Total non-accrual loans | $7,493 | $5,574 | | Real estate owned | $148 | $148 | | **Total nonperforming assets** | **$7,641** | **$5,722** | | Nonperforming assets to total assets | 0.39% | 0.26% | Liquidity and Capital Resources - Primary uses of cash in the first half of 2022 included **$1.45 billion** to fund loans, **$195.0 million** for debt payoffs, and **$37.9 million** for stock repurchases[268](index=268&type=chunk) - Primary sources of cash included **$1.59 billion** in proceeds from the sale of loans and **$13.3 million** in net income[269](index=269&type=chunk) - At June 30, 2022, WaterStone Bank **exceeded all regulatory capital requirements** and was considered "well capitalized"[278](index=278&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=72&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company's primary market risk is interest rate sensitivity, with models showing a negative impact on net interest income from both rising and falling rates - The company's primary market risk is **interest rate risk** due to its asset/liability structure, which is managed by an Asset/Liability Committee[283](index=283&type=chunk) Net Interest Income Sensitivity Analysis (as of June 30, 2022) | Immediate Change in Rates | +300 bps | +200 bps | +100 bps | -100 bps | | :--- | :--- | :--- | :--- | :--- | | **Percentage Change** | **(2.20)%** | **(0.95)%** | **(0.43)%** | **(1.97)%** | [Controls and Procedures](index=73&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal controls over financial reporting during the quarter - Based on an evaluation as of June 30, 2022, the Chief Executive Officer and Chief Financial Officer concluded that the company's **disclosure controls and procedures are effective**[290](index=290&type=chunk) - **No material changes** occurred during the fiscal quarter that have affected, or are reasonably likely to affect, the company's internal control over financial reporting[291](index=291&type=chunk) [PART II. OTHER INFORMATION](index=73&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Legal Proceedings](index=73&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in routine legal proceedings not expected to materially impact its consolidated financial statements - Information regarding legal proceedings is detailed in Note 9 of the financial statements[292](index=292&type=chunk) [Risk Factors](index=73&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the company's risk factors were identified since its 2021 Annual Report on Form 10-K - **No material changes** in risk factors were reported from the company's 2021 Annual Report on Form 10-K[293](index=293&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=73&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company continued its stock repurchase program, buying back over 1.4 million shares during the second quarter of 2022 - The current share repurchase plan allows for the repurchase of 3,500,000 shares; as of the end of the quarter, **1,350,513 shares may yet be purchased**[294](index=294&type=chunk) Common Stock Repurchases in Q2 2022 | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | April 2022 | 417,700 | $18.08 | | May 2022 | 657,371 | $16.53 | | June 2022 | 342,333 | $16.87 | | **Total** | **1,417,404** | **$17.07** | [Exhibits](index=74&type=section&id=Item%206.%20Exhibits) This section lists filed exhibits, including required Sarbanes-Oxley certifications and financial statements in iXBRL format - Exhibits filed include CEO and CFO certifications pursuant to Sarbanes-Oxley Sections 302 and 906, and financial statements in iXBRL format[298](index=298&type=chunk)