Text Size

Cash Flow Statement

Entire IR Site Press Releases Only Filings Only
Excel downloadEmail pagePDF viewPrint viewRSS FeedsEmail AlertMobile IR siteSocial media sharing
 2013 Y2014 Y2015 Y2016 Y2017 Q2 YTD
Source Document12/31/201512/31/201612/31/201612/31/20166/30/2017
(in thousands)     
Cash flows from operating activities 
Net income (3,480)2,4422,4334,9453,846
Adjustments to reconcile net income to net cash provided by operating activities 
Provision for loan losses 4,9359005001,557500
Loss on sale of other real estate owned (68)900NA
Write down of other real estate owned 2,5671,1383,069355258
Depreciation and amortization 2,1052,3823,0803,5182,296
Deferred income taxes (304)(142)(84)(380)NA
Stock based compensation 325420600759817
Loss (gain) on sale of investment securities (703)(458)(108)(656)61
Impairment charges on investment securities 07370
Amortization of premiums on investment securities 7315408401,9801,191
Accretion of discounts on retained SBA loans (448)(899)(1,005)(1,364)(646)
Fair value adjustments on SBA servicing assets 212655141,075636
Proceeds from sales of SBA loans originated for sale 58,17551,38832,92258,10717,692
SBA loans originated for sale (57,450)(43,416)(31,760)(53,627)(17,294)
Gains on sales of SBA loans originated for sale (5,338)(4,717)(3,139)(4,981)(1,484)
Increase in value of bank owned life insurance (13)NANANANA
Proceeds from sales of mortgage loans originated for sale NA00163,414173,501
Mortgage loans originated for sale NA00(161,717)(169,467)
Gains on mortgage loans originated for sale NA00(4,737)(4,430)
Amortization of intangible assets NA004352
Amortization of debt issuance costs NA24242415
Increase in accrued interest receivable and other assets (363)(1,796)(2,966)(1,993)(2,080)
Increase (decrease) in accrued interest payable and other liabilities (323)325213(1,040)2,752
Net cash provided by operating activities 5608,8024,6365,2898,216
Cash flows from investing activities 
Purchase of investment securities available for sale (62,544)(78,825)(146,668)(207,482)(10,311)
Purchase of investment securities held to maturity 00(121,402)(294,187)0
Proceeds from the sale of securities available for sale 7,9465,70011,70778,58521,167
Proceeds from the paydowns, maturity, or call of securities available for sale 32,93125,82231,15936,98215,762
Proceeds from the paydowns, maturity, or call of securities held to maturity 482,30816,68933,16022,583
(Purchase) redemption of restricted stock 2,246413(1,902)1,693(2,512)
Net increase in loans (63,870)(104,357)(106,616)(89,428)(101,222)
Net proceeds from sale of other real estate owned 2,6001977921,400136
Surrender proceeds on bank owned life insurance 10,503NANANANA
Net cash paid in acquisition NA00(5,913)NA
Premises and equipment expenditures (2,877)(14,664)(14,214)(14,291)(10,727)
Net cash used in investing activities (73,017)(163,406)(330,455)(459,481)(65,124)
Cash flows from financing activities 
Net proceeds from stock offering 044,853099,175NA
Net proceeds from exercise of stock options 0164726590
Net increase in demand, money market and savings deposits 24,731206,163184,859384,78659,124
Net (decrease) increase in time deposits (44,398)(3,467)(7,791)43,586(4,363)
Increase (repayment) in short-term borrowings 0047,000(66,666)55,000
Net cash provided by financing activities (19,667)247,550224,132461,607110,351
Net increase in cash and cash equivalents (92,124)92,946(101,687)7,41553,443
Cash and cash equivalents, beginning of year 128,00435,880128,82627,13934,554
Cash and cash equivalents, end of period 35,880128,82627,13934,55487,997
Supplemental disclosures 
Interest paid 4,6544,6165,4016,6644,159
Income taxes paid 23570019075
Non-cash transfers from loans to other real estate owned 2461,00011,459616129
Transfer of available-for-sale-securities to held-to-maturity securities 070,11800NA
Conversion of subordinated debt to common stock NANANANA240

Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

Copyright 2017, © S&P Global Market Intelligence  Terms of Use