American national bankshares inc. (AMNB)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash Flows from Operating Activities:
Net income

8,542

7,441

8,692

-1,230

6,003

5,002

5,785

5,980

5,812

2,120

4,787

4,279

4,063

4,122

3,963

4,088

4,128

4,607

4,037

2,880

3,515

2,890

3,168

3,233

3,450

3,143

4,243

4,210

4,151

3,918

3,639

4,274

4,175

4,652

4,129

1,012

1,778

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

953

462

-12

-10

16

-6

-23

-30

-44

-74

440

350

300

50

100

50

50

250

0

100

600

250

0

150

0

0

0

0

294

334

333

733

733

1,972

525

336

337

Depreciation

521

560

546

553

405

409

433

467

466

483

481

469

444

483

460

474

475

476

475

442

440

414

417

423

434

450

430

430

424

446

450

443

422

615

172

294

304

Net accretion of acquisition accounting adjustments

957

1,066

948

1,118

255

286

198

377

427

528

557

595

434

609

356

352

1,001

694

546

844

1,113

367

564

604

896

1,581

1,759

2,067

1,983

-16,027

1,608

2,552

2,754

-6,728

1,328

0

0

Net accretion of acquisition accounting adjustments

957

1,066

948

1,118

255

286

198

377

427

528

557

595

434

-

-

-

-

-

-

-

-

-

564

604

896

-

1,759

2,067

1,983

-16,027

1,608

2,552

2,754

-6,728

1,328

0

0

Core deposit intangible amortization

427

437

448

458

55

55

56

77

77

80

80

203

165

175

213

288

288

300

300

300

301

226

227

330

331

330

330

421

420

421

421

546

547

548

545

95

94

Net amortization of securities

-202

-255

-232

-302

-311

-355

-403

-429

-430

-414

-421

-454

-542

-644

-678

-670

-686

-658

-693

-689

-680

-619

-613

-635

-668

-728

-813

-829

-788

-781

-813

-875

-792

-750

-505

-314

-267

Net gain on sale or call of securities available for sale

814

32

102

136

4

0

73

0

8

222

0

331

259

175

73

222

366

314

6

237

310

1

315

150

39

-11

4

1

198

-2

0

160

0

17

0

-19

1

Net change in fair value of equity securities

-

0

3

11

319

-270

-90

289

113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized holding gains on equity securities

-

0

3

11

319

-270

-90

289

113

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of loans held for sale

549

737

710

586

406

370

551

491

450

491

500

245

529

422

392

281

233

270

290

315

166

197

260

211

215

239

367

449

650

489

543

453

473

-

-

-

-

Gain on sale of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-123

Proceeds from sales of loans held for sale

25,655

31,308

30,490

26,596

15,366

18,828

22,627

21,198

17,947

25,222

24,090

20,644

22,777

23,662

22,801

16,334

14,131

14,730

17,090

16,272

9,329

11,779

14,574

12,494

13,745

13,253

20,668

24,486

33,782

24,478

29,047

18,498

22,532

19,666

12,444

11,381

8,678

Originations of loans held for sale

25,745

26,952

32,261

27,923

15,572

17,164

21,714

21,211

17,650

22,984

24,597

20,906

18,124

24,460

22,493

19,960

11,417

14,728

17,078

16,741

10,483

11,387

15,007

11,012

12,159

11,855

20,122

23,740

23,675

29,723

27,407

23,486

19,503

22,233

13,266

11,922

6,729

Net gain on other real estate owned

27

-4

-10

126

8

-9

-30

19

6

-35

16

0

-3

0

-8

-14

-50

-14

189

-17

27

-34

-52

103

49

-1

-53

125

14

218

-211

133

248

389

261

-64

-12

Valuation allowance on other real estate owned

-

0

12

50

6

2

6

22

0

57

12

48

26

0

80

23

53

0

23

41

22

22

0

22

24

743

33

224

70

223

60

214

5

-

-

-

-

Valuation allowance on foreclosed real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

Net loss on sale or disposal of premises and equipment

-82

-

-

-

-

-6

63

0

3

7

337

0

0

0

-1

-9

1

16

-10

0

5

-10

0

0

0

-

-

-

-

-1

9

0

495

114

0

0

0

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

62,952

16

16

16

Equity based compensation expense

404

337

301

590

313

337

267

314

278

241

216

250

309

201

176

203

244

153

137

247

155

150

154

177

166

150

131

147

146

170

154

214

200

221

149

116

110

Earnings on bank owned life insurance

153

205

161

158

106

156

111

108

106

-31

110

111

107

165

113

112

115

167

115

115

113

150

98

199

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax expense

800

863

-17

0

222

353

230

-25

-2

2,679

-346

700

438

2,478

167

-47

-1,716

259

1,399

226

-143

-347

184

118

94

3,412

486

-1,831

-43

2,900

419

2,475

-237

3,145

263

-396

41

Net change in interest receivable

-173

15

-766

-153

-76

217

-61

348

-286

447

-36

338

-601

509

-400

266

592

-253

-100

-172

-219

-826

787

176

-344

137

-206

274

-175

-181

-214

221

-209

759

-653

176

-348

Net change in other assets

352

-5,462

4,185

-9,482

602

-560

-215

231

644

-370

-483

882

350

1,179

362

732

-883

-1,671

-457

294

56

2,507

-1,321

306

565

3,427

-910

-3,123

1,504

-2,416

-4,363

4,892

-296

2,171

-675

36

-226

Net change in interest payable

80

-603

-64

42

51

28

95

-26

24

12

52

36

-49

-14

-31

5

8

13

43

-39

-1

6

-9

23

-43

-45

-49

-28

-23

0

-6

-33

-38

128

15

-102

-77

Net change in other liabilities

-1,481

2,072

-641

-1,338

-873

587

170

-93

59

985

503

-1,454

250

711

-469

-339

964

488

555

-1,730

569

371

620

-1,610

1,143

-390

590

-1,866

1,813

-2,635

1,615

-948

351

-1,297

-7

928

342

Net cash provided by operating activities

7,761

19,929

2,395

5,677

4,679

8,602

7,735

5,239

5,926

7,976

5,138

2,571

10,066

4,993

4,758

-153

6,519

7,683

7,095

1,071

3,413

2,641

4,290

3,234

6,433

4,090

6,592

3,489

13,973

532

12,166

-4,622

6,530

287

4,892

2,055

5,633

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

-

-

-

-

81

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of equity securities

-

-

-

-

-

-

0

431

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

5,811

-

-

-

-

0

35,541

0

22,066

500

0

13,884

41,519

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-3,550

12,867

7,996

0

3,609

3,820

0

7,190

4,416

2,061

-4

0

0

2,627

-1

0

4,209

0

-

-

-

-

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

94,731

47,753

37,345

20,231

18,586

7,046

7,561

6,176

9,824

12,956

13,366

13,190

12,885

24,229

53,071

37,056

26,127

52,225

12,913

32,867

24,979

25,449

17,106

13,255

22,540

11,831

9,745

22,887

9,329

13,505

18,754

17,099

16,475

12,606

11,788

15,194

29,423

Purchases of securities available for sale

58,129

119,229

10,205

19,747

6,565

40,354

0

38,949

27,272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in restricted stock

-

-

-

-

-

-8

224

-242

889

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in loans

-

-

-

-

-

-

-

-

14,840

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

315

0

771

190

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

-

5,193

14,585

0

30,755

43,813

39,394

54,107

44,971

14,952

43,181

16,936

42,145

4,067

16,480

26,459

12,452

17,848

29,975

19,555

22,894

10,642

18,046

21,953

30,247

38,873

19,244

26,608

Net change in restricted stock

52

-

-

-

52

-

-

-

-

-

8

9

-732

218

644

7

43

4

130

199

25

5

-535

535

-360

4

5

4

-411

3

-984

249

0

-

-

-

-

Net change in restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net increase in loans

23,295

-

-

-

2,321

-

-

-

-

-

6,807

68,046

55,067

81,183

24,872

23,063

28,080

24,245

-2,392

16,600

9,865

24,382

3,079

29,422

-12,225

-5,575

3,721

110

2,112

-9,765

-8,289

-9,701

-9,485

2,574

-24,341

-2,203

-3,474

Proceeds from sale of premises and equipment

-

-

-

-

-

1

209

0

24

6

647

0

0

0

0

0

1

2

0

0

42

0

0

0

0

-

-

-

-

0

9

0

563

303

-145

31

0

Purchases of premises and equipment

907

1,485

771

906

393

1,401

390

587

345

460

449

1,076

663

3,077

267

120

149

271

602

253

348

364

419

147

119

142

143

402

178

105

21

-76

649

1,185

300

146

103

Proceeds from sales of other real estate owned

144

41

111

912

225

103

172

589

47

784

309

41

37

15

56

167

685

142

946

731

316

189

206

1,060

232

326

1,768

873

645

1,331

1,231

2,383

1,106

1,069

1,454

102

340

Cash paid in bank acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,935

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid in bank acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash acquired in bank acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

18,173

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

18,303

-98,381

58,349

25,901

9,561

-61,469

51,869

-50,374

20,073

-92,563

1,865

-56,601

-557

-87,287

-16,469

-28,911

-42,699

-9,126

567

-23,026

14,221

-41,258

17,472

-27,853

10,840

5,130

-10,204

-6,731

-8,833

1,576

18,604

15,173

5,027

-19,177

32,480

1,010

6,716

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

28,084

-

-

-

-20,932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in demand, money market, and savings deposits

-

-

-

-

-

-

-38,906

10,994

26,591

-

14,496

28,788

53,087

80,068

16,670

3,649

26,048

39,152

-8,257

2,106

37,878

20,151

19,952

-1,324

5,164

-722

28,287

18,214

4,199

7,450

15,346

-25,280

-4,317

-5,578

7,480

6,975

17,047

Net change in time deposits

-17,891

-14,796

-1,730

-28,868

14,495

-11,403

1,267

-9,499

-2,066

-8,391

2,868

17,949

-7,623

-15,436

-9,047

2,305

3,723

-2,941

832

-10,691

-8,289

4,626

-4,692

-14,125

-11,590

-12,686

-3,529

-9,463

5,986

-32,095

-5,267

-6,828

20,430

-8

-22,042

-11,508

6,338

Net change in customer repurchase agreements

1,639

1,551

1,702

1,277

702

6,139

22,328

-3,690

-260

-32,514

-5,042

506

8,610

-4,924

-9,279

11,185

1,573

-2,968

-6,544

-3,541

184

1,535

13,525

4,267

-5,325

-4,548

2,054

-4,694

-3,276

4,181

-352

-2,538

3,076

1,817

-6,571

6,458

-3,213

Net change in other short-term borrowings

-

-

-

-

-

0

5,500

-5,500

24,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other short-term borrowings

-

-

-

-

-

-

-

-

-

-

0

0

-20,000

5,000

15,000

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-3,000

3,000

0

0

-6,110

Net change in long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-37

-38

-38

-37

-37

-36

-39

-37

-37

-39

-4,037

-4,038

Common stock dividends paid

2,956

2,993

3,001

2,782

2,189

2,180

2,178

2,171

2,173

2,162

2,075

2,074

2,073

2,065

2,068

2,068

2,065

2,072

1,991

1,998

2,007

1,811

1,805

3,583

38

1,815

1,814

1,810

1,809

1,805

1,803

1,803

1,801

1,795

1,796

1,416

1,414

Repurchase of common stock

4,981

-

-

-

-

-

-

-

-

-

-

-

-

0

89

239

964

698

1,633

1,175

0

0

8

-319

1,819

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

29

79

31

288

290

0

86

690

85

-1

41

0

73

41

0

42

59

390

134

103

162

442

0

0

0

-

-

-

-

0

73

0

45

0

0

1

172

Net cash provided by (used in) financing activities

3,924

15,417

26,959

-47,525

-7,634

47,079

-22,903

1,824

-1,823

33,844

10,288

45,169

32,074

62,684

11,187

14,874

28,374

30,863

-17,459

-15,196

27,928

24,943

14,972

-2,484

-13,608

-19,808

25,167

2,311

5,063

-22,306

7,961

-36,488

14,396

-5,753

-23,019

-3,527

8,782

Net Increase in Cash and Cash Equivalents

29,988

-63,035

87,703

-15,947

6,606

-5,788

36,701

-43,311

24,176

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

17,291

-8,861

41,583

-19,610

-524

-14,190

-7,806

29,420

-9,797

-37,151

45,562

-13,674

36,734

-27,103

3,665

-10,588

21,555

-931

10,203

-20,198

38,731

-25,937

25,953

-24,643

14,353

-462

21,131