Ameriserv financial inc /pa/ (ASRVP)
CashFlow / TTM
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
OPERATING ACTIVITIES
Net income

5,559

6,028

7,287

7,927

7,879

7,768

4,845

4,067

3,712

3,293

5,438

4,952

4,925

2,310

2,534

3,302

3,361

5,997

5,372

3,904

3,462

3,023

4,115

4,976

5,067

5,193

4,087

4,168

4,530

5,039

6,074

6,333

6,839

6,537

0

0

0

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision (credit) for loan losses

1,375

800

-875

-1,100

-1,050

-600

150

350

625

800

1,050

1,150

1,075

3,950

4,150

4,150

4,100

1,250

1,125

825

625

375

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision (credit) for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Provision (credit) for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Depreciation and amortization expense

1,915

1,873

1,741

1,645

1,575

1,530

1,590

1,615

1,642

1,665

1,721

1,773

1,786

1,803

1,750

1,757

1,779

1,790

1,823

1,837

1,835

1,836

1,864

1,825

1,754

1,683

1,585

1,539

1,534

1,523

1,495

1,500

1,474

1,477

0

0

0

Net amortization of investment securities

-278

-279

-277

-287

-310

-347

-363

-391

-413

-436

-492

-523

-527

-488

-430

-364

-344

-342

-356

-380

-374

-385

-409

-492

-625

-755

-906

-1,040

-1,088

-1,124

-1,120

-968

-824

-736

0

0

0

Net realized (gains) losses on investment securities - available for sale

-

-

-

-

-

-439

-148

-92

-60

115

115

119

147

177

256

160

128

71

-8

28

120

177

244

310

190

204

137

71

83

12

12

12

0

-358

0

0

0

Net gains on loans held for sale

1,040

865

670

441

453

489

555

596

663

679

849

892

891

884

725

643

683

767

795

892

838

748

724

734

804

1,089

1,255

1,232

1,242

1,132

998

922

826

812

0

0

0

Amortization of deferred loan fees

138

142

125

142

144

149

160

144

146

162

174

186

208

231

221

246

256

249

266

261

254

262

274

279

297

304

334

313

277

240

183

183

194

231

0

0

0

Origination of mortgage loans held for sale

60,858

49,460

33,787

25,585

28,721

28,916

34,953

37,718

42,115

45,637

50,748

61,724

59,609

59,252

55,094

44,096

47,221

51,759

54,590

60,966

57,136

51,481

47,245

45,430

50,647

60,826

68,015

70,960

75,808

76,688

77,978

74,193

64,283

58,640

0

0

0

Sales of mortgage loans held for sale

57,767

46,304

29,549

28,357

29,398

31,683

36,247

39,289

44,548

46,285

58,594

61,126

60,325

60,045

49,955

45,992

49,041

54,574

56,436

62,154

57,207

50,580

46,839

48,100

52,584

69,089

73,077

71,576

76,062

74,354

76,498

71,592

63,356

59,747

0

0

0

Increase in accrued interest receivable

-173

-40

-242

452

377

-114

504

133

355

487

496

45

-95

59

-308

-24

-5

-70

35

124

101

219

-20

-56

-106

-52

-103

83

159

-256

227

-512

-304

6

0

0

0

Decrease in accrued interest payable

413

546

243

542

406

302

498

189

132

114

-11

21

17

-11

32

20

-61

-55

-10

-27

-53

-78

-58

-79

-147

-299

-466

-474

-453

-440

-478

-534

-474

-1,018

0

0

0

Earnings on bank owned life insurance

0

-

0

0

0

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Earnings on bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

681

685

686

690

703

718

732

748

765

780

797

811

0

0

0

-

-

-

-

-

-

-

-

Deferred income taxes

-2

179

3,039

3,267

2,750

2,665

3,577

3,773

4,127

4,303

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings on bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-373

-

1,228

679

706

562

962

1,573

1,890

2,150

1,585

1,685

1,981

2,101

933

1,800

3,798

2,758

0

0

0

Amortization of deferred issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

39

-

29

20

10

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock compensation expense

5

7

9

11

13

14

-146

-43

-25

13

101

19

7

20

96

95

109

186

189

177

166

66

76

96

103

88

0

0

0

-

0

0

0

-

0

0

0

Net change in operating leases

86

67

46

25

4

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in prepaid Federal Deposit Insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,444

-1,524

-1,614

-390

-370

-429

-587

-926

-1,259

0

0

0

Other, net

2,662

493

977

5,818

5,221

6,188

4,808

2,148

2,905

1,737

1,610

2,218

468

1,147

1,138

791

1,890

1,674

678

-286

216

-1,179

309

314

-468

967

527

142

832

1,446

2,075

688

3,084

-3,074

0

0

0

Net decrease in other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by (used in) operating activities

2,563

4,890

5,556

8,206

6,120

7,984

5,748

8,432

8,478

7,521

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7,451

-

9,460

7,895

5,594

4,962

4,335

8,192

10,189

14,854

0

0

0

-

-

-

-

-

-

-

-

INVESTING ACTIVITIES
Purchase of investment securities - available for sale

15,244

18,084

26,757

33,630

41,322

45,427

35,679

32,533

31,862

32,889

45,529

46,766

50,911

42,844

37,729

33,725

28,369

22,241

11,411

12,484

9,698

12,218

19,164

26,362

42,475

50,125

43,176

37,869

32,852

34,199

44,009

49,177

47,456

85,352

0

0

0

Purchase of investment securities - held to maturity

4,875

2,257

3,341

3,341

4,891

5,746

4,512

5,187

4,951

10,572

12,870

15,120

16,407

12,038

10,075

9,400

8,344

6,237

5,446

3,039

2,942

3,093

2,952

4,109

5,670

8,942

8,841

7,836

8,410

4,987

7,163

8,168

4,585

6,576

0

0

0

Proceeds from maturities of investment securities - available for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of investment securities – available for sale

-

-

-

-

-

-

-

0

6,969

-

8,143

8,750

10,371

8,966

10,157

10,473

7,818

3,570

2,379

519

2,489

5,242

14,129

15,209

12,720

11,185

2,298

1,218

5,439

4,221

4,221

4,221

0

16,518

0

0

0

Proceeds from maturities of investment securities – available for sale

-

-

-

-

-

-

-

0

19,436

-

23,165

24,682

24,495

24,574

24,219

26,209

26,329

24,532

25,382

22,517

22,324

22,900

22,553

26,523

35,430

43,307

53,441

58,617

57,253

59,800

57,192

59,280

58,324

53,243

0

0

0

Proceeds from maturities of investment securities - held to maturity

3,260

3,007

2,637

2,429

2,948

3,651

4,746

3,840

2,925

2,383

1,581

2,768

2,815

2,693

2,534

3,484

4,504

4,601

4,528

2,501

1,419

1,390

1,453

3,596

3,991

4,425

4,950

4,050

3,820

3,518

3,447

2,379

2,137

2,125

0

0

0

Purchase of regulatory stock

11,463

13,557

15,742

18,055

18,861

18,681

18,960

18,683

17,054

17,661

14,972

11,884

10,513

10,911

14,042

17,464

20,371

19,320

17,249

15,384

11,865

9,817

8,364

7,446

7,695

5,865

0

0

0

-

-

-

-

-

-

-

-

Proceeds from redemption of regulatory stock

11,510

14,092

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term loans originated

199,179

205,603

167,540

173,530

202,230

155,191

159,376

152,559

155,904

154,054

18,365

16,382

13,347

17,192

8,448

14,847

15,014

15,019

12,619

8,703

9,347

5,347

8,237

6,754

9,990

12,990

12,000

15,492

16,492

17,492

14,492

15,000

8,655

8,500

0

0

0

Proceeds from redemption of regulatory stock

-

-

-

-

-

-

-

-

-17,073

-

-13,898

-11,319

-10,876

-12,180

-15,348

-18,907

-19,225

-18,740

-17,615

-14,722

-11,898

-10,446

-7,852

-7,794

-7,726

-5,367

-4,473

-2,767

-2,032

-1,712

-1,394

-1,211

-1,275

-1,342

0

0

0

Long-term loans originated

-

-

-

-

-

-

-

-

132,253

-

173,838

170,254

195,061

196,998

205,629

235,569

230,192

246,304

236,410

219,659

208,469

177,351

187,621

185,734

208,142

205,549

229,180

205,062

230,272

232,685

0

0

0

-

-

-

-

Long-term loans originated

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Principal collected on long-term loans

188,978

185,054

193,498

194,821

185,237

181,582

174,962

153,783

155,231

147,752

181,256

186,165

178,051

189,505

164,112

185,931

191,106

183,380

178,733

147,676

137,684

130,476

127,207

128,445

138,023

146,720

176,832

156,563

188,581

182,245

164,744

187,349

150,685

161,356

0

0

0

Loan participations sold

-

-

-

-

-

-

-

-

-

-

-

-

-

18,900

24,231

30,619

21,019

23,774

21,443

20,615

18,565

10,810

15,310

9,750

7,500

8,500

0

0

0

-

-

-

-

-

-

-

-

Loans sold or participated

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Proceeds from sale of other real estate owned

59

214

210

222

210

46

82

70

97

108

196

248

245

235

200

148

539

579

970

990

999

946

420

1,254

880

993

1,077

309

273

160

0

0

0

-

-

-

-

Purchase of premises and equipment

1,847

2,821

4,003

4,064

3,462

2,144

1,208

1,672

2,080

2,705

2,556

2,044

1,855

1,380

1,202

1,071

888

881

768

995

1,551

1,720

2,004

2,376

2,247

3,004

3,661

3,496

3,272

2,647

2,214

1,840

1,852

1,666

0

0

0

Proceeds from sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from life insurance policies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,598

1,140

200

200

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

1,028

-13,022

11,859

-12,258

-13,511

2,691

-3,245

-12,490

12,295

-20,225

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-31,867

-

-35,271

-54,082

-51,852

-30,894

-40,097

-40,889

-70,272

-66,301

0

0

0

-

-

-

-

-

-

-

-

FINANCING ACTIVITIES
Net increase (decrease) in deposit balances

-186

11,342

25,776

40,304

13,573

1,226

-22,708

-28,199

-20,570

-19,841

4,185

15,444

58,003

64,492

92,837

78,029

14,096

33,339

-2,509

-11,025

17,334

15,375

20,160

33,632

28,047

18,744

2,036

-13,825

27,059

19,329

22,624

44,018

3,613

13,722

0

0

0

Net decrease in other short-term borrowings

-14,558

-18,617

-49,979

-47,742

-5,983

-8,055

27,661

40,831

3,219

36,330

25,692

19,526

-6,276

-35,994

-45,087

-40,855

12,733

9,868

26,550

44,753

14,736

-2,675

-4,658

-15,615

12,483

25,895

0

0

0

-

-

-

-

-

-

-

-

Net increase (decrease) in other short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Principal borrowings on advances from Federal Home Loan Bank

30,727

22,527

23,085

17,155

13,602

12,492

9,503

11,927

10,927

12,687

12,000

11,000

11,042

9,542

8,042

9,042

10,000

10,000

14,000

12,000

16,000

17,000

16,000

18,000

12,000

18,000

18,000

30,000

30,000

21,000

0

0

0

-

-

-

-

Principal repayments on advances from Federal Home Loan Bank

21,080

15,580

10,000

8,000

11,000

12,000

11,000

13,000

11,000

12,000

17,000

16,000

14,000

12,000

7,000

5,000

5,000

4,000

0

0

0

-

-

-

-

6,000

9,000

17,000

19,000

14,000

16,707

8,722

6,736

5,750

0

0

0

Principal payments on financing lease liabilities

181

173

126

83

41

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock options exercised

63

99

96

101

118

61

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

2,225

2,550

2,804

3,063

2,377

2,346

2,355

1,980

2,857

3,404

2,757

1,869

992

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

4,417

0

0

0

-

-

-

-

Preferred stock redemption

-

-

-

-

-

-

-

-

-

-

-

-

-

21,000

21,000

21,000

21,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock dividend paid

-

-

-

-

-

-

-

-

-

-

-

-

-

15

68

120

172

210

209

210

210

210

210

210

210

209

209

407

617

828

1,042

1,054

1,054

1,054

0

0

0

Common stock dividends

1,716

1,642

1,571

1,500

1,424

1,347

1,266

1,182

1,102

1,113

1,123

1,132

1,040

945

849

753

754

754

755

753

753

752

750

752

753

566

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

17,321

-

34,077

44,765

47,107

28,738

30,542

35,055

50,396

54,693

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

-9,156

-4,594

-15,523

-2,828

6,468

-9,969

56

8,613

-21,195

12,819

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-5,565

-12,726

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-422

-

-1,845

3,448

7,393

-14,437

-1,228

427

-7,095

15,638

8,266

-1,422

849

2,806

-5,220

2,358

-9,687

3,246

-4,970

-8,320

13,554

-7,963

-2,514

11,248

-17,426

15,446

0

0

0