Atlantic union bankshares corp (AUB)

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

164,986

193,528

181,777

166,735

165,240

146,248

117,349

99,809

70,438

72,923

78,514

78,258

79,639

77,476

74,514

72,328

68,339

67,079

64,229

60,831

60,157

52,164

45,173

38,302

33,091

34,366

35,834

37,514

36,471

35,411

34,329

33,774

32,174

30,445

0

0

0

Adjustments to reconcile net income to net cash and cash equivalents provided by (used in) operating activities:
Depreciation of premises and equipment

15,225

15,032

14,452

14,108

13,883

13,725

13,287

12,737

12,018

11,183

10,905

10,663

10,349

10,215

10,296

10,385

10,582

10,776

10,679

10,646

10,777

10,742

9,642

8,448

7,148

6,024

6,124

6,265

6,483

6,631

6,759

6,815

6,760

6,715

0

0

0

Write-down of foreclosed properties and former bank premises

1,949

1,906

1,302

1,034

617

1,324

2,230

2,776

2,412

1,891

983

874

1,129

1,017

5,108

5,102

5,538

6,002

2,154

7,873

7,980

7,646

7,565

1,864

1,047

791

0

0

0

-

-

-

-

-

-

-

-

Amortization, net

26,328

24,944

22,303

19,771

13,607

12,603

12,854

12,793

14,401

14,021

13,814

13,687

13,530

13,555

15,112

14,850

14,747

14,951

15,526

16,154

16,497

16,337

12,531

16,846

14,304

12,315

13,156

9,115

11,768

13,887

26,278

24,360

22,196

20,172

0

0

0

Amortization (accretion) related to acquisition, net

-11,537

-7,899

-5,897

-6,142

-5,644

-6,711

-6,722

-6,209

-3,701

-866

2,776

2,681

2,412

1,534

1,598

1,451

1,460

1,823

-1,330

-144

51

255

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gains on securities transactions, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

77,496

21,092

0

0

0

-

-

-

-

-

-

-

8,618

9,100

9,386

8,976

10,425

9,571

0

0

0

-

-

-

-

6,056

8,150

8,750

10,750

12,200

11,300

12,500

14,000

16,800

0

0

0

Provision for credit losses

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on securities transactions, net

-

-

-

-

-

383

240

327

532

800

842

657

543

205

959

1,035

1,436

1,486

918

1,837

1,859

1,695

1,423

434

61

21

233

227

184

190

0

0

0

-

-

-

-

BOLI income

8,305

8,311

8,263

7,932

7,586

7,198

6,433

5,241

4,848

5,306

5,390

6,239

6,266

5,513

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in loans held for sale, net

47,978

34,178

50,621

1,491

-20,242

-40,662

-30,536

-945

7,751

4,175

-15,918

3,021

-5,133

457

7,501

-1,336

-20,939

-6,489

8,357

-23,659

-2,192

-21,530

-38,087

-57,150

-89,730

-114,513

-83,786

9,329

53,531

92,875

80,179

49,646

22,991

849

0

0

0

Losses (gains) on sales of foreclosed properties and former bank premises, net

-196

-102

-337

-12

-1

220

353

-130

-5

-143

-144

288

246

217

618

361

229

260

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gains) losses on the sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Gains (losses) on sales of other real estate owned, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-413

-283

-320

-631

0

0

0

-

-

-

-

Losses (gains) on sales of premises, net

-

-

-

-

-

-

-

-

-

-

-

0

-106

-

-88

-87

-77

-89

102

46

-8

-184

-387

-314

-277

-340

-369

-671

-263

2

0

0

0

-

-

-

-

(Gain) Loss on sales of other real estate owned and bank premises, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Stock-based compensation expenses

8,753

8,332

7,913

7,301

6,779

6,132

5,758

5,181

4,723

4,648

4,458

4,285

3,777

3,270

2,715

2,472

1,639

1,388

1,074

828

995

979

1,129

1,118

945

889

936

962

1,332

1,252

1,188

1,097

865

717

0

0

0

Issuance of common stock for services

895

910

915

937

949

914

860

722

732

724

715

691

609

533

497

604

564

564

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease (increase) in other assets

151,521

57,348

86,454

59,154

26,071

26,606

27,007

31,654

26,242

5,785

-1,311

2,270

-2,025

14,810

8,016

5,327

10,871

-2,692

2,912

3,696

15,113

-9,896

-11,225

16,466

4,680

27,377

24,046

-209

1,496

2,173

11,734

7,172

7,246

3,089

0

0

0

Net increase in other liabilities

131,584

12,910

52,034

22,183

-166

24,005

20,726

27,276

16,233

5,352

-12,181

-8,210

2,455

-1,898

7,721

10,353

-1,866

-2,780

8,958

-3,308

8,186

4,564

-4,621

194

-3,532

6,348

5,623

-2,790

1,653

987

-10,578

5,679

5,400

-2,160

0

0

0

Net cash and cash equivalents provided by (used in) operating activities

230,065

194,799

179,462

192,892

194,092

216,765

161,608

116,368

95,620

110,333

117,540

96,989

121,377

93,843

103,425

115,525

113,287

110,923

98,211

118,436

96,732

127,220

126,586

115,045

145,488

157,029

132,853

53,673

16,079

-21,991

-20,825

28,456

53,203

71,048

0

0

0

Investing activities:
Purchases of AFS securities and restricted stock

506,523

444,398

432,967

798,260

1,039,292

1,047,611

1,019,757

677,222

399,688

298,958

305,122

260,741

229,067

259,020

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of HTM securities

0

47,217

304,742

492,701

532,846

485,629

228,104

40,145

2,958

7,836

10,226

10,226

7,268

2,390

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of AFS securities and restricted stock

426,522

514,070

665,580

594,197

608,163

515,764

384,244

395,936

233,590

139,046

143,155

106,718

76,290

69,516

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

473,529

485,206

486,469

300,324

207,437

171,748

172,411

160,751

218,745

240,097

220,011

217,643

0

0

0

Proceeds from sales of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

273,958

286,846

286,876

43,354

0

0

0

-

-

-

-

-

-

-

-

Proceeds from maturities, calls and paydowns of AFS securities

275,571

247,770

232,608

211,059

193,127

173,597

144,262

126,435

122,866

115,124

120,403

118,598

112,686

115,670

116,454

128,972

137,662

142,644

142,398

145,294

145,938

143,656

135,005

120,340

120,886

129,942

148,417

162,472

168,383

168,078

165,189

149,538

134,547

126,786

0

0

0

Proceeds from maturities, calls and paydowns of HTM securities

3,864

3,142

2,523

1,410

1,320

0

4,230

4,139

4,047

5,048

1,663

2,985

3,687

2,686

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans held for investment

810,645

741,146

678,117

780,178

584,604

704,582

641,426

646,920

793,779

838,668

752,828

830,185

772,952

637,207

606,807

459,540

422,412

356,300

404,436

284,757

122,446

74,753

-57,448

8,329

76,539

91,911

117,342

135,995

158,185

178,639

116,992

53,014

-10,005

-62,126

0

0

0

Net increase in premises and equipment

18,426

15,892

5,515

1,340

-1,140

-1,698

6,456

6,641

7,007

9,261

8,376

8,553

7,610

6,339

6,431

3,645

3,409

3,870

14,927

15,287

11,691

7,124

2,478

1,692

3,115

4,759

-3,352

-311

-557

-2,102

-3,455

-6,362

-6,062

-5,466

0

0

0

Proceeds from sales of foreclosed properties and former bank premises

14,042

12,118

8,007

4,602

5,309

6,295

5,037

4,795

3,399

2,448

1,883

4,080

4,704

5,837

8,917

6,838

8,934

10,309

14,253

15,704

16,722

17,808

12,413

11,891

10,492

7,569

9,089

9,466

12,544

13,152

12,831

14,046

12,145

14,240

0

0

0

Improvements to OREO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Improvements to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-483

-232

-92

-381

0

0

0

-

-

-

0

Cash paid for equity-method investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid in acquisitions

0

12

32

3,388

8,146

14,304

14,515

11,159

6,401

231

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash acquired in acquisitions

0

46,164

46,145

46,433

46,442

174,496

179,553

179,265

179,256

5,038

0

0

0

-

-

-

-

-

-

-

-

49,989

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash and cash equivalents provided by (used in) investing activities

-615,595

-425,401

-437,597

-1,189,253

-699,150

-770,039

-611,608

-87,696

-664,178

-885,753

-806,951

-877,324

-823,400

-715,117

-692,413

-541,424

-498,722

-375,286

-404,636

-285,055

-126,016

6,303

45,881

-34,721

-103,699

-218,690

-111,507

-105,402

-115,819

-141,699

-149,437

-104,377

-67,593

-17,892

0

0

0

Financing activities:
Net increase in noninterest-bearing deposits

103,460

191,125

280,880

137,562

222,281

81,028

139,877

176,496

51,765

105,093

92,881

108,836

127,556

20,688

104,223

103,058

88,308

173,559

133,702

90,757

256,272

95,664

95,104

118,576

-59,369

45,773

92,925

76,546

101,181

111,366

61,582

71,246

52,880

45,302

0

0

0

Net increase in interest-bearing deposits

960,836

916,656

703,193

355,178

364,034

351,084

260,300

303,058

458,026

502,018

530,439

559,772

540,657

394,865

335,430

208,447

188,214

153,450

54,481

-35,622

-265,107

-164,696

0

0

0

-

-

-

-

-

-

-

0

-

0

0

0

Net increase in NOW accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net increase (decrease) in money market accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net increase in savings accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net decrease in time deposits of $100,000 and over

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net decrease in other time deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net increase (decrease) in short-term borrowings

-576,693

-872,229

-865,699

-324,964

-260,804

58,645

204,537

-78,344

251,506

217,371

-48,388

-41,719

9,110

187,804

234,308

297,582

183,543

1,584

202,900

138,404

100,153

74,211

28,088

63,631

153,007

131,685

-2,914

54,024

19,004

69,275

83,666

-4,830

-13,182

-29,972

0

0

0

Cash paid for contingent consideration

-

-

-

-

-

-

-

-

-

3,003

3,003

3,003

2,265

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net increase (decrease) in long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

2,084

2,011

2,121

2,234

2,223

-17,706

-18,139

-18,566

0

0

0

-

-

-

-

Cash dividends paid - common stock

79,332

78,345

73,415

68,066

63,031

58,001

52,011

45,576

40,474

35,393

34,922

34,453

33,989

33,672

33,039

32,040

31,061

29,082

27,474

26,718

25,593

25,494

22,259

18,975

15,803

12,535

12,207

11,400

10,339

8,969

7,882

7,279

7,164

7,284

0

0

0

Cancellation of warrants

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid - preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,961

0

0

0

Repurchase of common stock

0

-

-

-

0

-

-

-

-

-

-

-

-

33,177

41,441

42,820

37,601

16,260

17,117

22,823

42,021

52,599

43,477

33,906

12,965

9,499

21,082

21,081

21,080

14,445

0

0

0

-

-

-

-

Issuance of common stock

2,627

1,988

1,835

2,105

1,558

2,347

2,398

1,831

1,436

1,037

1,645

1,519

1,640

1,429

1,115

990

1,098

928

724

707

919

1,230

0

0

0

-

-

-

-

-

-

-

-

574

0

0

0

Vesting of restricted stock, net of shares held for taxes

2,664

2,301

2,488

2,464

2,285

2,908

2,755

2,899

2,789

1,567

1,454

1,254

1,257

586

575

590

580

416

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid related to net share settlement of equity awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

0

0

Net cash and cash equivalents provided by (used in) financing activities

606,896

405,435

567,843

738,786

446,188

615,100

555,251

367,471

727,202

795,556

710,197

745,211

752,503

657,851

565,969

506,100

381,412

273,763

336,927

144,572

24,396

-73,286

-98,857

7,009

23,568

51,782

-8,598

50,892

65,450

149,933

82,819

85,072

40,767

-17,650

0

0

0

Increase (decrease) in cash and cash equivalents

221,366

174,833

309,708

-257,575

-58,870

61,826

105,251

396,143

158,644

20,136

20,786

-35,124

50,480

36,577

-23,019

80,201

-4,023

9,400

30,502

-22,047

-4,888

60,237

73,610

87,333

65,357

-9,879

12,748

-837

-34,290

-13,757

-87,443

9,150

26,377

35,506

0

0

0

Supplemental Disclosure of Cash Flow Information
Cash payments for:
Interest

159,818

159,934

150,080

132,928

116,087

99,227

81,042

69,488

57,645

47,775

41,711

37,788

30,719

29,576

28,618

27,954

27,599

27,526

27,904

28,390

29,107

28,394

25,965

23,635

21,537

21,013

21,723

23,427

25,254

27,960

30,260

31,801

32,629

33,030

0

0

0

Income taxes

25,058

25,058

20,416

12,006

10,830

10,830

15,230

13,850

24,000

24,000

27,700

28,500

17,400

27,900

27,400

24,800

28,900

21,400

18,900

24,100

14,700

17,500

16,000

12,700

15,900

11,500

12,061

11,761

13,147

14,661

15,099

13,873

9,287

8,837

0

0

0

Supplemental schedule of noncash investing and financing activities
Transfers from loans (foreclosed properties) to foreclosed properties (loans)

1,593

1,878

2,203

1,605

1,339

493

431

933

893

910

1,017

714

963

1,297

72

907

981

700

-1,623

-151

1,180

2,141

6,583

6,871

6,809

8,553

10,092

7,528

9,857

13,621

13,145

13,558

11,787

11,625

0

0

0

Unrealized (losses) gains on securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

20,046

17,666

-7,672

-20,586

-23,765

-19,807

-3,285

968

0

0

0

-

-

-

-

Changes in fair value of interest rate swap loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-485

33

1,443

1,107

1,885

1,229

-107

-196

-484

-2,109

-2,814

-2,818

0

0

0

Transfers from Bank premises to OREO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,224

0

0

0

-

-

-

-

989

0

0

0

-

-

-

-

-

-

-

-

Issuance of common stock in exchange for net assets in acquisition

-

499,974

499,974

499,974

499,974

794,809

794,809

794,809

794,809

0

0

0

0

-

-

-

-

-

-

-

-

549,523

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Transactions related to acquisitions
Assets acquired

-

2,849,673

2,856,944

2,857,496

2,861,956

3,253,328

3,252,670

3,251,484

3,249,713

293

0

0

0

-

-

-

-

-

-

-

-

2,957,521

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities assumed

-

2,558,063

2,559,038

2,559,372

2,558,338

2,873,718

2,878,755

2,878,421

2,879,455

5,437

0

0

0

-

-

-

-

-

-

-

-

2,642,120

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-