Atlantic capital bancshares, inc. (ACBI)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-153

-

-

-

-

-

-

-

-

-

-

-

-

OPERATING ACTIVITIES
Net income from continuing operations

2,124

7,140

7,569

7,009

6,440

7,483

6,998

8,378

5,191

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from discontinued operations, net of tax

-

0

617

22,143

-1,063

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

4,052

4,329

3,230

-

3,708

5,147

2,931

-8,161

2,226

2,902

1,714

Adjustments to reconcile net income to net cash provided by operating activities
Provision for credit losses

8,074

-

-

-

814

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

502

845

-173

772

282

322

1,980

634

2,208

463

777

368

7,623

-137

185

364

Depreciation, amortization, and accretion

898

864

776

835

886

1,163

1,229

1,201

1,078

1,199

1,331

1,329

1,428

1,467

1,590

1,608

1,352

928

484

493

485

Amortization of operating lease right-of-use assets

555

301

487

551

665

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of restricted stock and performance share compensation

258

519

432

-90

469

480

420

199

349

-59

396

244

229

234

71

68

239

156

189

189

125

Stock option compensation

17

18

18

52

81

74

70

40

58

669

192

138

142

299

192

199

247

1,175

0

0

0

(Gain) loss on sales of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

11

33

0

10

0

0

Loss on disposition of premises and equipment, net

-

0

-14

-10

-3

0

0

-170

-44

-12

0

-347

0

-

-

-

-

-

-

-

-

Net write downs and gains on sales of other real estate owned

5

-

-

-

-

0

54

3

-279

21

45

144

78

-531

50

16

48

103

0

86

0

Net increase in cash value of bank owned life insurance

340

374

375

388

337

380

378

377

347

383

383

385

356

394

397

397

373

347

363

88

231

Origination of servicing assets

105

251

350

327

298

84

120

248

371

273

156

326

267

188

328

538

429

-

-

-

-

Proceeds from sales of SBA loans

6,399

-

-

-

17,134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of SBA loans

-

-

-

-

-

-

-

12,711

19,337

-

7,209

15,541

11,698

7,617

14,915

16,657

10,318

-

-

-

-

Net (gains) on sale of SBA loans

308

719

1,025

962

888

511

759

706

1,113

678

466

1,139

762

-605

850

1,116

777

-

-

-

-

Proceeds from sales of TriNet loans

-

-

-

-

-

-

-

-

-

-

-

-

-

36,144

0

67,228

29,811

-

-

-

-

Net gains on sale of TriNet loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-49

0

761

383

-

-

-

-

Changes in operating assets and liabilities -
Net change in loans held for sale

-370

-

-

-

-4,359

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans held for sale

-

-

-

-

-

-

274

777

-652

-

1,530

-3,139

-5,978

-

17,539

16,534

12,946

-

0

0

0

Net (increase) decrease in other assets

7,280

8,474

-649

-3,898

-1,542

-6,888

1,760

-1,629

246

4,102

11,942

-4,053

-3,774

-3,218

9,967

-8,252

7,214

43

2,668

-806

1,169

Net decrease in accrued expenses and other liabilities

856

-9,419

9,739

3,766

-17,496

-3,173

6,421

1,706

-4,234

2,635

14,471

-815

-4,202

5,198

-9,762

8,870

-1,345

4,309

2,683

-192

-1,719

Net cash provided by operating activities

11,513

11,851

36,217

22,199

12,311

27,187

27,029

22,072

21,296

22,642

13,531

27,563

21,448

37,461

-17,981

85,548

21,718

28,151

2,404

3,097

-431

INVESTING ACTIVITIES
Activity in securities available-for-sale:
Prepayments

6,203

-

-

-

8,193

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepayments

6,203

7,143

16,484

8,522

8,193

12,526

12,717

13,515

11,622

12,122

12,708

11,759

10,804

10,625

11,291

11,905

9,242

5,948

8,439

5,040

4,598

Maturities and calls

-

-

-

-

-

150

0

150

65

704

3,500

690

1,000

120

6,000

15,830

5,102

3,860

2,507

3,367

0

Purchases

-

-

-

-

311

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

60,150

4,953

17,993

5,095

0

0

Purchases

-

-

-

-

-

-

29,346

12,036

30,560

-

18,048

-10

121,427

-

40,680

41,039

36,231

48,800

2,101

13,642

7,542

Activity in securities held to maturity:
Purchases

69,141

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans held for investment

65,909

51,879

64,049

73,417

23,385

81,520

124,986

1,442

62,149

90,986

-46,592

75,116

-67,244

-34,484

80,903

89,775

123,659

-

-

-

-

Net change in assets held for sale - discontinued operations

-

0

0

3,555

-15,344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in assets held for sale - discontinued operations

-

-

-

-

-

-

-

-

18,260

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,033

-26,794

45,522

(Purchases) proceeds of Federal Home Loan Bank stock, net

-

-3,230

-255

3,485

58

-3,528

-2,847

-1,488

6,097

-3,400

-2,338

-1,572

4,631

-2,550

-2,975

7,650

3,894

-5,324

-1,800

250

908

Proceeds from sales of other real estate owned

88

-

-

-

-

94

379

14

9

322

372

493

216

188

668

825

321

470

0

1,590

0

(Purchases) of premises and equipment, net

1,039

-225

607

600

173

642

1,040

2,368

3,834

759

170

480

703

642

50

219

198

404

33

115

94

Net cash (used in) investing activities

-129,798

-119,082

-42,798

-181,116

-31,078

-6,733

-132,377

14,171

-72,684

-40,935

49,105

-55,784

-47,497

6,819

-100,663

-193,323

-144,364

-57,808

27,740

24,670

-49,468

FINANCING ACTIVITIES
Net change in deposits

-273,927

644,774

2,741

4,347

-105,330

177,349

318,209

-47,912

-360,267

401,268

-10,309

-66,521

-34,541

60,795

30,551

66,090

20,244

163,588

25,547

-45,550

42,766

Net change in liabilities to be assumed - discontinued operations

-

0

0

-8,944

15,504

-21,914

-4,092

18,368

13,757

-

-

-

-

-

-

-

-

-

-

-

-

Net change in fed funds purchased

75,000

-

-

-

-

-

-

25,000

40,000

-

-15,000

15,000

0

-

-

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank advances

-

-

-

-

-

232,000

233,000

540,100

430,000

330,000

355,000

575,000

474,000

575,000

345,000

415,000

155,000

0

199,000

174,000

265,000

Repayments of Federal Home Loan Bank advances

-

-

-

-

-

315,000

300,000

575,100

290,000

410,000

410,000

612,000

367,000

635,000

415,000

235,000

95,000

115,890

241,349

168,085

242,083

Proceeds from exercise of stock options

660

108

574

26

445

93

17

3,661

325

36

286

964

2,281

1,180

1,321

875

571

39

0

0

0

Repurchase of common stock

7,411

8,067

20,128

19,543

17,075

-

-

0

0

-

-

-

-

-

-

-

-

0

0

6

701

Net cash (provided by) financing activities

-205,678

503,815

-813

92,886

-106,456

58,351

182,134

-35,883

-166,185

267,056

-80,023

-87,557

74,740

-22,027

-38,128

246,965

80,815

71,741

3,198

-9,641

64,982

NET CHANGE IN CASH AND CASH EQUIVALENTS

-323,963

396,584

-7,394

-66,031

-125,223

78,805

76,786

360

-217,573

-

-

-

-

-

-

-

-

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-17,387

-115,778

48,691

22,253

-156,772

139,190

-41,831

42,084

33,342

18,126

15,083

SUPPLEMENTAL SCHEDULE OF CASH FLOWS
Interest paid

5,850

6,506

6,217

6,419

7,818

7,745

4,956

6,146

3,715

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

3,392

4,028

-

3,614

2,379

3,393

880

848

919

885

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

995

Income taxes paid

344

-

-

-

-

115

70

85

0

58

610

120

110

-

5,834

-2,465

93

-

-

-

-