Arrow Financial Corporation AROW Cash Flow

Arrow financial corporation (AROW)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows from Operating Activities:
Net Income
36,868	37,475	36,493	35,686	36,482	36,279	35,592	33,748	31,226	29,326	27,855	27,177	26,616	26,534	26,503	25,698	25,356	24,662	24,462	24,676	23,895	23,360	22,775	22,251	21,934	21,795	21,560	21,685	22,072	22,179	22,061	21,685	21,940	21,933	0	0	0
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Provision for Loan Losses
4,379	2,079	2,091	2,159	2,333	2,607	3,117	3,331	3,124	2,736	2,063	1,743	1,990	2,033	2,015	2,072	1,473	1,347	1,323	1,230	1,665	1,848	1,407	963	558	200	375	525	665	845	950	975	905	845	0	0	0
Depreciation and Amortization
5,791	5,503	5,169	4,859	4,861	4,751	4,727	4,818	5,073	5,398	5,582	5,814	5,888	5,940	6,054	6,141	6,243	6,293	6,264	6,454	6,703	7,042	7,584	7,939	8,462	8,870	9,209	9,278	9,186	8,856	8,464	7,927	7,143	6,509	0	0	0
Net Loss (Gain) on Securities Transactions
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Unrealized Gains on Equity Securities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allocation of ESOP Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	1,122	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on the Sale of Securities Available-for-Sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	172	106	243	227	137	137	0	0	527	757	2,121	1,978	949	6,309	3,191	1,751	2,795	0	0	0
Loans Originated and Held-for-Sale
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans Originated and Held-for-Sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,731	22,427	24,059	22,534	23,156	21,018	23,359	31,851	46,101	61,222	120,726	89,979	60,668	106,041	29,584	15,804	39,111	0	0	0
Proceeds from the Sale of Loans Held-for-Sale
28,795	24,538	20,230	11,564	-4,376	4,426	7,310	12,251	28,873	18,171	19,346	21,912	20,467	24,422	25,466	24,532	23,623	21,524	23,342	22,233	23,003	23,606	22,120	23,423	33,190	50,298	62,537	69,229	71,796	61,041	55,806	48,741	38,141	49,378	0	0	0
Net Gain on the Sale of Loans
731	622	521	318	201	135	230	357	539	546	603	733	686	821	853	778	740	692	770	747	793	784	691	644	976	1,460	2,059	4,281	3,246	2,282	2,797	190	458	866	0	0	0
Net (Gain) Loss on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets
-661	-882	-802	-474	-257	-159	-168	-205	-235	-210	-309	-307	-190	-232	-281	-232	-346	-297	-161	-143	-74	-77	-85	-60	-18	-120	-66	3	-64	71	91	-8	62	32	0	0	0
Contributions to Retirement Benefit Plans
717	675	712	716	763	744	676	685	761	792	796	779	671	690	3,818	3,812	3,881	3,858	839	872	821	921	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to Retirement Benefits Plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-3,824	-3,781	-5,301	-5,319	0	0	0
Deferred Income Tax Benefit
-232	344	-347	-400	-169	-92	-1,899	-1,697	-1,668	-1,530	161	26	-361	-283	-670	336	494	1,036	1,361	178	284	-299	-41	207	-109	294	111	-135	293	-353	1,117	1,324	1,924	2,172	0	0	0
Shares Issued Under the Directors’ Stock Plan
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allocation of ESOP Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-496	-472	-461	-452	-458	-447	-440	-426	-418	-1,016	-787	-409	0	0	0	-	-	-	-
Share-based Payment Arrangement, Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Shares Issued Under the Directors' Stock Plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Stock-Based Compensation Expense
0	-	0	0	0	-	0	0	0	-	0	0	296	-	290	296	300	308	323	337	352	360	361	363	365	372	390	406	422	424	403	387	371	354	0	0	0
Tax Benefit from Exercise of Stock Options
-177	-227	-234	-259	-206	-240	-205	-160	-179	-112	-112	-112	-45	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase in Other Assets
16,681	12,527	9,454	3,430	2,352	1,182	-502	-588	-334	157	242	-562	-499	1,598	-4,942	2,089	1,710	1,147	8,794	1,869	2,201	806	1,869	2,586	-1,854	-1,888	-3,776	-7,432	-2,181	-2,108	1,984	5,728	2,935	1,725	0	0	0
Net Increase in Other Liabilities
15,980	10,030	7,824	3,291	-248	-676	1,143	-1,069	350	982	-531	-279	-1,071	1,077	-1,468	-226	1,463	-502	4,137	2,166	1,501	-225	1,470	3,543	1,054	786	2,174	-2,475	1,337	990	-5,762	-2,562	-512	689	0	0	0
Net Cash Provided By Operating Activities
46,339	43,944	41,103	42,023	40,424	41,976	45,026	40,243	40,169	37,827	35,924	38,324	34,181	34,695	34,082	30,220	30,880	28,926	29,147	30,313	31,597	30,641	31,949	32,110	34,571	36,673	32,720	34,320	33,522	32,460	30,456	28,316	27,141	36,085	0	0	0
Cash Flows from Investing Activities:
Proceeds from the Sale of Securities Available-for-Sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	55,670	55,693	63,871	66,551	21,460	30,629	52,630	49,928	49,928	40,747	34	16,295	57,987	58,606	64,128	58,718	17,168	38,423	39,357	39,009	0	0	0
Proceeds from the Maturities and Calls of Securities Available-for-Sale
92,241	96,058	104,221	88,458	73,688	61,807	46,909	47,031	51,417	53,863	66,371	76,806	83,042	88,719	88,811	81,621	88,491	93,817	92,237	101,811	131,049	153,127	174,232	178,841	154,289	132,228	124,888	145,549	155,288	210,224	218,987	259,736	309,234	280,126	0	0	0
Purchases of Securities Available-for-Sale
164,549	131,348	70,418	43,538	64,767	84,746	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of Securities Available-for-Sale
-	-	-	-	-	-	-	-	-	-	0	0	147,263	-	87,834	108,252	150,158	201,820	138,175	160,926	148,721	113,953	115,813	86,159	113,393	136,416	254,933	286,760	236,669	197,029	193,116	220,696	269,243	354,310	0	0	0
Proceeds from the Maturities and Calls of Securities Held-to-Maturity
43,363	41,607	40,418	41,970	57,838	58,978	59,903	58,598	45,229	49,244	53,228	52,914	57,722	56,461	52,301	52,134	50,442	48,409	49,515	49,363	47,333	56,714	57,616	66,758	56,974	47,228	49,714	45,434	47,811	49,983	51,388	38,941	37,031	40,692	0	0	0
Purchases of Securities Held-to-Maturity
3,263	4,003	6,398	7,496	8,042	7,506	9,339	9,521	41,216	40,851	57,665	58,296	78,823	82,433	74,200	72,967	61,721	68,210	71,735	77,341	36,233	60,906	82,014	116,888	126,018	109,620	81,439	44,540	100,522	140,635	150,997	154,151	90,744	31,701	0	0	0
Net Increase in Loans
181,232	193,460	211,322	224,666	244,146	247,569	220,564	181,674	185,931	200,600	205,092	211,489	190,729	182,065	172,384	197,569	191,971	164,710	158,856	134,797	125,941	148,482	140,523	140,634	147,403	98,903	91,819	61,602	30,349	40,951	34,070	27,328	3,733	-3,108	0	0	0
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets
1,850	1,511	2,032	1,963	1,833	1,828	1,656	1,513	1,541	1,408	1,078	1,092	2,077	1,991	2,647	2,519	1,861	1,901	1,141	1,139	1,206	1,237	1,668	2,267	1,737	1,789	1,650	1,120	1,374	1,263	1,224	1,101	865	770	0	0	0
Purchase of Premises and Equipment
6,758	7,785	9,430	8,097	6,575	5,103	3,638	3,130	2,982	2,602	1,693	1,781	1,385	1,441	1,473	1,012	1,551	1,621	1,814	1,986	1,752	1,468	1,183	1,398	1,331	2,233	4,855	6,471	8,039	8,073	7,594	7,012	5,596	5,372	0	0	0
Cash Paid for Subsidiaries, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75	75	75	75	75	75	75	75	75	74	-116	-190	3,296	0	0	0
Proceeds from the Sale of a Subsidiary, Net
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Decrease in Other Investments
-2,499	-5,189	-4,239	-2,887	3,098	5,557	4,162	54	-2,046	-963	1,333	1,074	1,677	2,073	228	3,491	343	3,988	2,142	1,887	910	-1,430	-895	-1,553	-597	489	-591	1,657	111	-930	-273	-2,540	-3,320	-1,880	0	0	0
Purchase of Bank Owned Life Insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,702	0	0	0
Net Cash Used By Investing Activities
-215,849	-192,231	-146,635	-148,470	-193,171	-227,770	-211,481	-141,476	-147,565	-148,566	-194,190	-190,773	-179,056	-157,789	-136,486	-191,144	-200,924	-229,539	-208,369	-193,995	-86,584	-67,693	-60,514	-60,233	-173,408	-149,015	-197,110	-149,215	-107,164	-65,645	-99,680	-71,199	17,812	-44,796	0	0	0
Cash Flows from Financing Activities:
Net Increase in Deposits
320,908	270,470	206,692	198,972	78,824	100,468	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Decrease in Short-Term Federal Home Loan Bank Borrowings
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase in Short-Term Borrowings
-498	-3,560	10,366	-9,099	-16,550	-10,307	1,084	19,356	42,922	29,130	22,830	-605	68,880	12,663	55,175	58,224	-11,740	3,752	16,760	-4,623	14,108	7,644	3,677	-13,842	1,621	23,099	-2,065	38,641	-4,486	-26,615	-31,625	-46,475	-42,757	15,079	0	0	0
Finance Lease Payments
29	28	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase in Deposits
-	-	-	-	-	-	-	-	-	-	0	0	141,475	-	131,136	99,901	96,357	127,475	146,695	111,818	70,685	60,618	39,981	80,761	96,813	111,175	123,914	75,022	90,328	87,109	122,122	163,024	152,759	110,042	0	0	0
Net Decrease in Short-Term Federal Home Loan Bank Borrowings
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank Advances
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	33,000	62,500	28,000	-12,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Federal Home Loan Bank Term Advances
25,000	15,000	15,000	15,000	10,000	10,000	10,000	10,000	10,000	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	10,000	10,000	60,000	90,000	100,000	0	0	0
Purchase of Treasury Stock
2,584	2,469	2,643	2,725	2,871	2,098	2,304	2,746	2,691	3,248	3,082	2,409	2,790	2,141	2,077	2,384	1,968	1,498	1,467	1,649	1,347	2,455	2,432	1,948	1,546	1,709	0	0	0	-	-	-	-	-	-	-	-
Purchases of Treasury Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,292	-6,234	-7,524	-6,039	0	0	0
Stock Options Exercised, Net
1,600	1,792	1,918	1,888	2,180	2,255	2,433	2,181	1,412	1,190	1,363	1,784	2,245	2,404	2,162	2,169	1,395	918	922	1,004	1,050	1,454	1,352	1,279	1,238	1,254	1,620	1,451	1,446	2,105	2,010	2,249	2,248	1,413	0	0	0
Tax Benefit from Exercise of Stock Options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Shares Issued Under the Employee Stock Purchase Plan
497	493	497	503	506	505	513	506	506	496	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Issued Under the Employee Stock Purchase Plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-495	-	-496	-496	-494	-488	-480	-474	-472	-477	-485	-486	-487	-484	-473	-470	-466	-474	0	0	0
Tax Benefit from Exercise of Stock Options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax Benefit for Exercises of Stock Options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59	34	16	20	25	28	23	20	23	0	0	0	-	-	-	-	-	-	-	-
Shares Issued for Dividend Reinvestment Plans
1,766	1,777	1,792	1,809	1,783	1,761	1,730	1,695	1,690	1,684	1,697	1,714	1,730	1,743	1,749	1,760	1,324	886	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Dividends Paid
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax Benefit from Exercise of Stock Options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Shares Issued for Dividend Reinvestment Plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,836	-1,836	-1,810	-1,796	0	0	0
Cash Dividends Paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,951	-11,880	-11,815	-11,755	-11,658	-11,554	-11,448	0	0	0
Net Cash Provided (Used) By Financing Activities
246,810	134,269	105,535	108,401	113,704	197,195	178,084	95,897	142,865	126,222	136,873	155,411	148,967	129,381	134,772	178,902	119,160	205,386	184,249	157,009	90,532	33,367	21,177	35,333	77,713	113,490	100,024	101,744	73,308	38,281	67,852	43,314	15,552	21,368	0	0	0
Net Increase (Decrease) in Cash and Cash Equivalents
77,300	-14,018	3	1,954	-39,043	11,401	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase in Cash and Cash Equivalents
-	-	-	-	-	-	-	-	-	-	-21,393	2,962	4,092	6,287	32,368	17,978	-50,884	4,773	5,027	-6,673	35,545	-3,685	-7,388	7,210	-61,124	1,148	-64,366	-13,151	-334	5,096	-1,372	431	60,505	12,657	0	0	0
Supplemental Disclosures to Statements of Cash Flow Information:
Interest on Deposits and Borrowings
21,183	20,843	19,595	17,672	15,187	12,212	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on Deposits and Borrowings
-	-	-	-	-	-	-	-	-	-	-	0	5,610	-	5,240	5,104	5,046	4,856	4,851	5,007	5,384	5,932	6,378	6,737	7,396	8,067	8,916	10,013	11,115	12,520	14,033	15,843	17,660	19,490	0	0	0
Income Taxes
9,964	9,931	9,675	9,774	9,958	10,037	10,543	11,119	11,550	11,454	10,604	11,349	11,529	11,961	10,861	10,738	9,448	9,357	11,282	10,435	10,360	10,060	9,285	8,810	8,160	8,336	8,961	9,561	9,186	8,866	8,291	7,087	7,822	7,952	0	0	0
Non-cash Investing and Financing Activity:
Transfer of Loans to Other Real Estate Owned and Repossessed Assets
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of Loans to Other Real Estate Owned and Repossessed Assets
-	-	-	-	-	-	-	-	-	1,779	2,075	2,070	1,981	1,876	1,689	2,684	2,906	3,046	2,384	1,132	1,218	1,308	1,344	1,219	851	971	1,106	1,255	1,798	1,426	1,467	1,638	1,106	1,011	0	0	0
Shares Issued for Acquisition of Subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91	91	91	233	233	233	333	233	233	177	2,260	2,292	5,261	0	0	0
Fair Value of Assets from Acquisition of Subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,638	0	0	0
Fair Value of Liabilities from Acquisition of Subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,081	0	0	0