Access national corp (ANCX)
CashFlow / Quarterly
Sep'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

9,610

8,962

8,086

-

7,002

3,846

2,607

-

4,425

4,878

4,095

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income

-

-

-

-

-

-

-

-

-

-

-

3,918

3,944

3,984

3,573

3,515

4,932

3,064

2,414

3,194

2,805

3,524

3,684

6,263

4,133

3,890

3,437

3,317

3,113

2,671

2,287

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

437

286

518

-

511

1,355

145

-

130

134

120

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

700

652

750

3,719

900

900

1,400

1,250

750

120

0

-

-

-

-

-

-

-

-

0

450

0

225

-

-

-

718

-

715

-2

223

Decrease (increase) in valuation of loans held for sale carried at fair value

-

-

-

-

-

-

-

-

-

-

-

181

66

-812

325

452

-592

1,104

246

6

612

-3,008

-1,757

31

-319

-460

1,454

-

-

-

109

Originations of loans held for sale

85,087

123,157

84,411

113,514

107,706

116,958

94,500

107,791

168,774

154,022

106,489

105,128

119,855

145,223

114,541

113,598

269,450

22,680

2,618

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

97,078

134,314

151,265

102,741

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans held for sale

-

-

86,299

-

-

-

94,406

-

143,055

159,579

101,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangibles

810

808

899

1,078

814

813

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization on purchase accounting discounts

-615

-1,656

52

3,092

-2,977

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in valuation of loans held for sale carried at fair value

-681

663

-103

-

-19

-529

529

-

-

-

-

-

-

-

-

-

-

-

-

-

-33,123

-17,690

-40,199

-

-15,980

22,310

-18,120

-298

3,955

47,885

-48,664

Gain on sale of loans

-

-

-

-

-

-

-

-

-

-10,696

-407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sales of securities available-for-sale

-

-

-

-

-

-

-

-

0

52

57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-6

0

0

0

0

-

-

-

-

Deferred tax expense

-190

28

-20

8,877

120

-550

550

-

-

-

-9

-532

10

-6

-6

-324

1,197

-4

-3

-98

195

-4

-4

-874

-4

-4

-179

-1,242

632

-4

-4

Decrease in valuation allowance on derivatives

304

34

-344

-144

-55

17

-220

306

74

-242

256

39

-414

456

302

-313

195

-77

-10

122

-822

558

-228

353

-725

356

542

-692

419

-111

43

Loss on sale of assets, net

-

-54

49

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of securities discounts and premiums, net

-1,279

-1,454

-926

-876

-834

-581

-569

-592

-513

-1,083

137

-319

-291

-232

-235

-233

-244

-516

203

-86

-102

-119

-76

-49

-50

-41

35

8

0

20

-12

Accretion of unfavorable lease liability

101

101

101

303

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

175

172

112

132

107

108

95

84

83

84

84

76

78

100

78

59

59

59

59

45

46

65

39

45

54

66

66

48

46

59

60

Income from bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income from bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-117

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-178

89

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of purchase accounting credit marks

-

-

774

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for (recapture of provision for) losses on mortgage loans sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

170

218

-

-

-

-

-

-

-

-

Provision for losses on mortgage loans sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-586

-1,342

-258

-

-816

415

-126

Provision for off balance sheet losses

-

-

-

-

-

-

-

-

-

-

-

0

84

15

10

5

0

0

0

0

88

40

25

12

92

42

10

-

-

-

-

Income from bank owned life insurance

327

324

321

-

342

343

184

-

112

112

114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

127

131

130

119

122

123

122

118

122

117

119

120

113

105

104

105

79

142

112

115

Changes in assets and liabilities:
Decrease (increase) in other assets

-5,010

72

-1,394

2,748

-6,445

12,373

547

147

-2,116

1,887

2,195

202

-908

925

1,251

-248

884

1,326

1,380

704

-3,097

663

829

-909

-2,302

3,219

-38

-842

1,301

307

-2,326

(Decrease) increase in other liabilities

2,560

-3,478

-4,187

613

7,049

-2,996

-1,408

29

451

-314

64

4,022

1,004

-1,437

-3,207

1,367

378

252

-53

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-386

58

-2,094

-

59

1,664

-1,206

-1,233

3,863

703

-1,494

Net cash provided by operating activities

34,204

-13,687

9,620

7,475

19,845

2,112

2,839

39,735

-8,257

-954

-4,247

-

-

-

-12,993

-

12,280

-21,011

-1,902

-4,721

39,846

23,568

43,650

-23,237

24,551

-20,716

22,244

4,786

-29,019

-24,517

52,163

Cash Flows from Investing Activities
Proceeds from maturities, calls, principal repayments and sales of securities available-for-sale

-

-

10,158

-

-

-

3,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities, calls, principal repayments and sales of securities available-for-sale

-

-

-

-

-

-

-

-

-

-

1,747

-12,877

31,057

-3,897

3,897

2,961

2,970

1,329

1,680

2,883

6,183

13,068

8,384

9,331

13,964

6,505

24,743

10,729

55,663

35,287

5,030

Proceeds from sales of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

8,033

19,565

4,385

7,201

0

2,007

10,876

4,351

9,379

0

0

0

0

-

-

-

-

-

-

-

-

Purchases of securities available-for-sale

-

32,254

11,641

-

-

168,609

0

12,234

26,210

18,119

9,171

27,455

37,774

21,035

0

2,112

27,706

28,998

23,892

12,271

9,275

18,333

39,317

9,881

15,212

2,872

17,141

0

19,036

604

5,000

Proceeds from sales, maturities and calls of securities held-to-maturity

16

-4

37

-

0

4,259

14

-

0

0

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of premises, equipment and land, net

257

83

120

-560

851

276

136

330

174

93

274

-5

22

140

75

-42

68

78

107

104

78

2

154

214

7

48

12

66

138

-24

52

Redemption of restricted stock, net

-

-

70

-

-

-

3,768

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of restricted stock, net

-

-

-

-

-

-

-

-

-

0

-100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Proceeds from maturities and calls of securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

5,000

0

0

15,000

15,000

20,000

5,000

5,000

10,000

-

-

-

-

Purchase of securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

426

0

0

889

-1

1

9,985

34,962

-

-

-

-

Purchases of Federal Reserve and Federal Home Loan Bank Stock

-

-

-

-

-

-

-

-

-

-

-

6,800

2,125

2,933

1,985

2,520

3,600

8,775

1,575

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from redemption of Federal Reserve and Federal Home Loan Bank Stock

-

-

-

-

-

-

-

-

-

-

-

-3,612

-5,525

-3,783

-2,625

-1,845

-675

-5,175

-8,373

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,000

5,000

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Decrease (increase) in loans, net

-

-

-52,821

-

-

-

26,774

83,090

23,575

27,948

27,282

38,351

14,831

39,999

17,680

49,336

-13,046

23,228

29,767

32,137

13,775

1,621

22,583

26,082

8,152

9,667

4,430

26,211

23,506

25,850

5,968

Net cash provided by (used in) investing activities

-123,481

-88,594

51,325

-8,585

-58,255

79,317

-19,670

-98,498

-45,334

-41,108

-21,847

-

-

-

-13,218

-

-5,724

-61,362

-35,909

-42,055

-16,945

8,122

-39,559

-6,845

-4,408

-11,067

-21,802

-45,564

4,346

14,123

-5,990

Cash Flows from Financing Activities
Increase in demand, interest-bearing demand and savings deposits

-

-

12,067

-

-

-

46,158

-

88,489

113,730

42,696

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in demand, interest-bearing demand and savings deposits

-

-

-

-

-

-

-

-

-

-

-

-10,767

32,949

42,225

50,453

-28,065

7,783

38,076

78,750

-38,910

18,361

38,645

19,851

-34,495

55,884

478

34,400

13,108

26,954

19,747

-6,242

Decrease in time deposits

39,656

-14,908

-49,304

-85,412

-1,434

-58,337

56,505

-16,924

-17,982

-29,640

4,016

-6,924

-6,916

76,857

-19,576

51,436

-67,465

-51,746

153,702

-63,441

-2,896

-111,955

41,821

209

-31,034

13,228

-12,188

35,004

62,036

-7,994

-125,447

Increase in securities sold under agreements to repurchase

-17,389

1,505

2,404

-

-9,885

7,660

-182

-

4,572

-704

-8,662

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,871

1,000

-4,160

Net increase (decrease) in securities sold under agreement to repurchase

-

-

-

-

-

-

-

-

-

-

-

1,430

1,621

-2,451

-5,106

5,043

139

2,807

-10,209

3,824

3,870

-12,097

-5,833

11,820

1,860

-6,933

1,440

-

-

-

-

Increase (decrease) in short-term borrowings

-59,968

145,064

-5,000

125,941

33,983

-69,983

-124,000

104,000

-20,000

-20,000

-5,000

30,000

-80,000

-20,000

-20,000

5,000

75,000

80,000

-145,000

105,000

-10,000

50,000

-45,000

45,000

-23,000

23,250

-30,250

0

-39,571

-20,595

20,866

Increase in long-term borrowings

-

5,000

0

-

-

30,000

-10,000

-15,000

0

20,000

0

45,000

0

0

10,000

0

0

0

0

-

-

-

-

-3,160

-554

-803

-304

-553

-554

-553

-554

Payment of dividends on common stock

3,327

3,106

3,089

-

3,059

1,618

1,610

-

1,587

1,587

1,583

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

3,187

2,604

4,028

2,211

1,638

1,970

2,507

557

474

166

370

309

21

14

802

236

229

138

462

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

90,675

80,889

-38,894

-6,510

101,682

-58,374

-30,622

67,912

53,966

81,965

31,837

-

-

-

15,108

-

14,330

68,024

76,562

-1,582

2,254

-37,090

9,990

11,573

2,650

28,662

-7,573

41,762

44,945

-8,953

-116,079

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

239

113

80

-

111

93

631

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

770

258

949

264

320

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

5,245

1,578

1,578

1,465

1,464

1,356

1,251

1,143

8,397

1,134

1,030

929

8,048

617

651

532

425

422

320

222

Increase in cash and cash equivalents

1,398

-21,392

22,051

-7,620

63,272

23,055

-47,453

9,149

375

39,903

5,743

-8,977

-46,634

46,574

-11,103

-12,678

20,886

-14,349

38,751

-48,358

25,155

-5,400

14,081

-18,509

22,793

-3,121

-7,131

984

20,272

-19,347

-69,906

Supplemental Disclosures of Cash Flow Information
Interest paid

-

4,156

3,381

-

-

2,639

1,860

3,343

0

1,572

1,409

1,253

1,037

1,018

786

859

730

828

785

967

875

1,002

967

1,354

1,215

1,335

1,734

1,491

1,829

1,823

2,278

Income taxes

-4,340

702

-702

-

3,151

2,398

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

-

-

-

-

-

-

5,192

0

4,591

237

2,252

6,041

83

393

1,728

1,570

2,775

16

1,570

916

2,242

3,723

2,695

2,886

2,740

1,955

2,383

1,924

1,869

655

Unrealized gains (losses) on securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-1,866

997

-915

1,075

742

-400

844

1,002

-720

-181

-1,999

-268

-34

82

67

-61

-

-

-

-

Unrealized gains (losses) on securities available for sale

-

-

-5,277

-

-

-

66

-

-692

1,237

2,980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of interest rate swaps

-10

18

79

-

22

-4

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of loans held for investment to other real estate owned

-395

-35

1,610

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of bank owned property to other real estate owned

-

-

-

-

-

-

-

0

0

0

129

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transactions related to bank acquisitions
Increase in assets and liabilities:
Unrealized gain (loss) on securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

717