American national bankshares inc. (AMNB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows from Operating Activities:
Net income

20,906

22,579

15,249

16,301

15,039

12,741

15,747

16,006

11,571

8,278

6,810

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

456

-103

1,016

250

950

400

294

2,133

3,170

1,490

1,662

Depreciation

2,064

1,775

1,877

1,892

1,833

1,688

1,734

1,761

1,385

1,253

1,201

Net accretion of acquisition accounting adjustments

3,387

1,288

2,114

2,318

3,197

2,431

7,390

-9,113

-5,400

0

-

Goodwill

-

-

-

-

-

-

-

-

0

-

-

Net accretion of acquisition accounting adjustments

3,387

1,288

2,114

2,318

3,197

-

-

-9,113

-5,400

0

-

Core deposit intangible amortization

1,398

265

528

964

1,201

1,114

1,501

1,935

1,282

378

377

Net amortization of securities

-1,100

-1,617

-1,831

-2,678

-2,720

-2,535

-3,158

-3,261

-1,836

-509

193

Net gain on sale or call of securities available for sale

274

81

812

836

867

505

192

158

-1

157

3

Net change in fair value of equity securities

333

42

0

0

-

-

-

-

-

-

-

Unrealized holding gains on equity securities

333

42

0

0

-

-

-

-

-

-

-

Impairment of securities

-

-

-

-

-

-

-

0

0

31

0

Gain on sale of loans held for sale

2,439

1,862

1,765

1,328

1,041

883

1,705

1,958

1,101

1,386

-

Gain on sale of loans held for sale

-

-

-

-

-

-

-

-

-

-

-1,426

Proceeds from sales of loans held for sale

103,760

80,600

92,733

76,928

57,421

52,592

92,189

94,555

52,169

57,935

69,802

Originations of loans held for sale

102,708

77,739

86,611

78,330

59,030

49,565

79,392

100,119

54,150

57,194

69,102

Net gain on other real estate owned

120

-14

-22

-72

185

66

85

388

574

-129

-168

Valuation allowance on other real estate owned

68

30

143

156

86

68

1,070

502

453

454

-

Valuation allowance on foreclosed real estate

-

-

-

-

-

-

-

-

-

-

1,307

Net loss on sale or disposal of premises and equipment

-427

60

344

-9

11

-10

0

503

114

450

30

Stock-based compensation expense

-

-

-

-

-

-

-

0

63,000

63

62

Equity based compensation expense

1,541

1,196

1,016

824

692

647

574

738

596

213

0

Earnings on bank owned life insurance

630

481

297

505

510

447

457

-475

-

-

-

Deferred income tax expense

1,068

556

3,471

882

1,741

49

2,024

5,557

3,053

56

132

Net change in interest receivable

-980

218

148

967

-744

-207

30

-383

-66

448

147

Net change in other assets

-10,157

100

379

1,390

-1,778

2,057

898

-2,183

1,306

-528

2,444

Net change in interest payable

-574

121

51

-32

16

-23

-145

-77

-36

-17

-356

Net change in other liabilities

-780

723

284

867

-118

524

147

-1,617

-34

160

610

Net cash provided by operating activities

32,680

27,502

25,751

16,117

19,262

16,598

28,144

14,606

12,867

11,825

8,430

Cash Flows from Investing Activities:
Proceeds from sales of equity securities

445

431

0

-

-

-

-

-

-

-

-

Proceeds from sales of equity securities

-

-

-

0

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

29,878

57,607

55,903

13,019

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

-

-

-

-

15,425

13,667

2,623

4,208

2,099

2,958

0

Proceeds from sales of securities held to maturity

-

-

-

-

-

-

-

-

0

612

0

Proceeds from maturities, calls and paydowns of securities available for sale

123,915

30,607

52,397

140,483

122,984

78,350

53,792

65,833

69,011

100,872

89,337

Purchases of securities available for sale

155,746

106,575

84,931

-

-

-

-

-

-

-

-

Net change in restricted stock

795

-

-

-

-

-

-

-

-

-

-

Net change in restricted stock

-

863

114

-

-

-

-

-

-

-

-

Net increase in loans

26,257

21,256

170,515

-

-

-

-

-

-

-

-

Proceeds from maturities, calls and paydowns of securities held to maturity

-

-

-

-

-

-

-

-

1,276

2,059

596

Purchases of securities available for sale

-

-

-

168,069

120,040

89,151

79,830

73,535

114,972

145,379

147,104

Net change in restricted stock

-

-

-

912

358

-355

-398

-732

-120

-300

-

Net change in restricted stock

-

-

-

-

-

-

-

-

-

-

463

Net increase in loans

-

-

-

157,198

48,318

44,658

368

-37,240

-27,444

-4,421

-40,107

Proceeds from sale of premises and equipment

0

234

653

1

44

0

0

572

189

937

125

Purchases of premises and equipment

3,555

2,723

2,648

3,613

1,474

1,049

865

699

1,734

2,054

3,362

Proceeds from sales of other real estate owned

1,289

911

1,171

923

2,135

1,687

3,612

6,051

2,965

831

1,354

Cash paid in bank acquisition

27

0

0

-

-

-

-

-

-

-

-

Payments to Acquire Businesses, Gross

-

-

-

-

5,935

0

0

-

-

-

-

Cash paid in bank acquisition

-

-

-

-

-

-

-

-

12

0

0

Increase in other real estate owned

-

-

-

-

-

-

-

-

-

-

240

Cash paid in bank acquisition

-

-

-

-

-

-

-

-

12

0

0

Cash acquired in bank acquisition

26,283

0

0

-

18,173

0

0

-

34,783

0

0

Capital improvements in other real estate owned

-

-

-

-

-

-

-

22

140

163

-

Net cash provided by investing activities

-4,570

-39,901

-147,856

-175,366

-17,364

-40,799

-20,638

40,380

21,029

-34,606

-19,650

Cash Flows from Financing Activities:
Net change in demand, money market, and savings deposits

41,968

53,202

159,283

-

-

-

-

-

-

-

-

Net change in demand, money market, and savings deposits

-

-

-

126,435

70,879

43,943

49,978

-6,801

25,924

-18,522

8,113

Net change in time deposits

-30,899

-21,701

4,803

-18,455

-21,089

-25,781

-19,692

-23,760

-27,220

54,347

7,022

Net change in customer repurchase agreements

5,232

24,517

-28,440

-1,445

-12,869

14,002

-10,464

4,367

-1,509

-18,845

14,188

Net change in other short-term borrowings

14,883

24,000

-

-

-

-

-

-

-

-

-

Net change in other short-term borrowings

-

-

4,000

-

-

-

-

-

-

-

-

Net change in long-term borrowings

778

0

10,000

-

-

-

-

-

-

-

-

Net change in other short-term borrowings

-

-

-

20,000

0

0

-

-3,000

-3,110

6,110

-7,850

Net change in long-term borrowings

-

-

-

0

0

-38

-150

-149

-8,151

-150

-5,149

Net change in trust preferred capital notes

-

-

-

-

-

-

-

-

0

-

-

Net change in trust preferred capital notes

-

-

-

-

-

-

-

-

-

-

0

Common stock dividends paid

10,965

8,702

8,384

8,266

8,068

7,237

7,248

7,212

6,421

5,636

5,612

Repurchase of common stock

3,146

0

0

1,292

3,506

1,508

0

0

-

-

121

Preferred stock dividends paid

-

-

-

-

-

-

-

-

103

0

0

Repurchase of preferred stock

-

-

-

-

-

-

-

-

3,100

0

0

Proceeds from exercise of stock options

688

861

113

142

789

442

309

118

173

48

474

Net cash provided by (used in) financing activities

-12,783

24,177

121,375

117,119

26,136

23,823

12,733

-36,437

-23,517

17,352

11,065

Net Increase in Cash and Cash Equivalents

15,327

11,778

-730

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash and Cash Equivalents

-

-

-

-42,130

28,034

-378

20,239

18,549

10,379

-5,429

-155