Bancfirst corp /ok/ (BANF)
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

22,608

35,507

33,368

34,167

31,837

32,725

32,883

30,586

29,620

19,497

21,710

23,182

22,050

18,620

17,982

17,493

16,579

15,728

15,630

18,553

16,259

15,749

18,793

14,688

14,657

13,861

14,491

12,593

13,372

12,306

13,860

11,729

14,005

11,598

12,553

10,115

11,355

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

19,583

1,412

2,758

2,433

1,684

1,516

747

1,225

314

3,323

3,276

1,841

72

1,672

2,940

2,804

4,103

3,646

1,424

1,271

1,334

1,840

-3,115

3,129

1,218

454

-12

516

300

2,446

233

248

173

829

885

2,013

788

Depreciation and amortization

4,455

4,362

4,110

3,773

3,744

3,742

3,473

3,188

3,143

2,845

3,040

2,939

2,967

3,009

3,116

3,147

3,111

3,167

2,932

2,894

2,908

2,883

2,876

2,833

2,757

2,813

2,731

2,782

2,751

2,859

2,710

2,683

2,588

2,561

2,574

2,266

2,281

Net amortization of securities premiums and discounts

461

518

114

1,702

1,948

280

64

28

49

40

5

56

47

33

23

-36

-148

-273

-302

-297

-148

-198

-200

-236

-276

-285

-439

-422

-417

-308

-311

-370

-412

-568

-781

-1,206

-1,352

Realized securities gains

50

-

-

-

-

10

-64

115

-14

-

-

-

-

52

-146

-65

100

2,148

0

5,392

1,729

822

284

85

450

79

90

129

122

272

385

226

4,032

224

50

1,316

8

Gain on sales of loans

781

1,089

964

868

698

649

800

802

651

741

732

816

632

705

863

695

562

434

545

549

440

426

569

467

351

367

560

691

688

698

737

766

572

614

529

420

452

Cash receipts from the sale of loans originated for sale

56,879

74,005

65,732

55,358

43,229

41,621

50,127

51,155

44,558

48,441

65,982

54,141

43,005

46,576

56,923

45,850

40,271

38,766

48,928

47,866

36,163

38,052

43,314

40,295

30,779

34,958

54,379

57,069

54,540

62,737

65,948

57,350

45,767

48,503

42,189

34,969

40,593

Cash disbursements for loans originated for sale

61,258

67,803

69,958

57,688

42,094

44,425

44,531

53,727

43,949

42,114

67,983

54,651

40,826

45,522

55,337

47,956

33,610

39,651

46,761

50,242

37,393

38,298

41,988

44,117

29,189

36,704

48,536

58,134

50,479

60,220

64,081

57,631

48,734

46,998

43,492

38,665

35,510

Deferred income tax benefit

-1,211

1,900

141

-434

-459

3,072

687

-487

-117

6,073

-967

-238

-485

1,021

-1,152

-1,088

-829

-874

435

-878

-586

-576

-164

-1,009

-1,934

-2,272

2,124

-239

-96

-1,115

558

-112

-20

-1,806

-2,167

-959

-350

Gain on sale of other assets

2,183

918

-1

-44

499

255

185

135

21

20

-4

-27

-35

-42

-22

94

1,222

-11

11

272

-207

46

179

473

62

554

12

125

99

-91

35

258

30

-6

8

9

1,049

Decrease/(increase) in interest receivable

-196

356

-3,307

564

1,500

1,010

-238

1,507

1,111

1,633

544

1,705

-598

1,570

-1,113

864

176

999

-748

384

356

690

-792

544

-133

891

-1,157

-336

318

-690

-866

375

-1,505

1,005

-2,828

11

-2,062

(Decrease)/increase in interest payable

-543

-252

-226

79

382

415

189

222

353

178

62

104

22

91

-36

1

13

-41

-50

6

-20

33

-50

-116

-200

-51

-61

-105

-158

19

-109

-213

-237

-164

-303

-43

-85

Amortization of stock-based compensation arrangements

426

389

347

367

174

371

353

322

306

361

354

243

222

370

365

450

451

474

489

290

464

452

448

429

347

266

399

321

374

341

391

357

441

2,058

371

271

375

Excess tax benefit from stock-based compensation arrangements

95

640

25

161

102

45

169

251

647

372

445

1,408

376

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-2,302

485

1,881

1,464

2,910

-2,387

4,035

2,561

-5,408

1,538

-721

-2,076

5,310

-3,816

3,183

-5,167

300

1,504

4,454

-5,512

5,855

-1,238

8,576

-3,824

2,205

-4,129

1,337

4,485

3,819

-7,084

-1,149

1,466

3,619

-5,508

2,129

-557

4,633

Net cash and due from banks paid for acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

362

-174,645

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

35,263

46,493

40,358

35,447

36,660

34,401

47,047

32,207

26,355

32,924

23,053

21,857

31,915

19,703

28,379

13,982

28,477

19,422

27,975

7,948

22,814

17,111

28,650

10,975

20,186

7,590

27,786

19,101

23,613

12,408

18,381

14,622

14,885

9,804

17,761

8,860

25,985

Net cash received from acquisitions, net of cash paid

18,397

-

-

-

-

0

0

0

6,248

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in federal funds sold

1,000

-

-

-

-

600

22,198

-1,701

2,451

-

-12,000

200

500

-

-

-

-

-

-

-

-1,000

300

-300

3,000

1,619

0

0

0

700

-700

0

0

400

-400

100

38,861

2,246

Purchases of held for investment securities

295

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

650

252

0

-

-

-

-

-

-

-

-

Purchases of available for sale securities

234,059

-

-

-

-

296,713

108,367

29,743

30,861

29,653

12,450

21,495

20,511

-

-

-

-

49,712

10,501

183

30,740

19,238

1,089

103,976

99,914

79,097

57,345

132

20,565

48,519

16,910

31,545

9,785

120,046

133,957

1,057

31,126

Proceeds from maturities, calls and paydowns of held for investment securities

237

8

87

230

210

12

568

296

213

776

873

283

361

221

4,349

280

410

759

674

359

311

219

1,193

1,971

718

226

2,948

2,327

315

354

5,431

1,732

1,099

201

2,976

1,485

1,270

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

142,818

139,220

10,101

356,566

2,406

5,328

62,346

53,506

5,729

5,829

12,493

33,871

26,489

146,536

50,943

47,606

55,071

2,404

40,306

6,835

6,144

27,925

33,997

118,552

44,920

25,557

99,843

41,052

15,317

24,534

51,173

25,999

44,034

128,548

130,421

106,368

28,189

Proceeds from sales of available for sale securities

-

-

-

-

-

-1

29,819

7

1,460

-

-

-

-

-

126

1

299

2,274

0

6,847

1,729

2,620

284

1,453

498

180

90

-776

1,027

931

-3,035

1,659

6,470

-18,102

14,292

3,319

62,159

Held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1

Purchase of equity securities

39

1,160

157

821

1,828

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from paydowns and sales of equity securities

408

281

5

1,782

110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans

308,102

59,958

128,669

54,177

67,249

31,646

-56,823

24,642

-48,819

79,479

70,032

189,217

-7,366

93,812

-15,773

53,545

45,010

130,236

103,428

13,925

-3,613

99,988

99,688

119,959

46,429

-19,895

155,143

35,340

-17,252

140,061

63,652

4,875

44,317

19,697

11,973

40,739

-8,453

Purchases of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,723

7,527

26,597

7,165

4,960

16,713

542

12,991

1,557

25,543

1,304

Proceeds from sales of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,875

18,463

27,426

16,816

15,697

5,387

11,485

160

6,072

2,489

737

Purchases of premises, equipment and computer software

11,349

7,189

6,958

6,115

6,792

7,465

27,767

9,463

7,168

6,512

4,927

3,199

3,369

2,990

2,797

2,109

2,939

1,728

4,738

690

4,107

2,949

2,758

2,629

3,154

3,143

3,701

3,369

3,683

4,148

2,275

2,010

5,005

3,941

4,304

10,917

-2,782

Purchase of tax credits

219

-

-

-

6,894

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-4,988

-10,460

-1,300

5,768

-1,875

1,607

2,683

-1,257

857

-6,884

758

902

1,186

-18,259

1,720

1,049

5,971

633

677

1,692

1,955

1,110

1,419

2,510

812

1,874

1,337

1,190

988

1,406

1,032

2,276

4,937

1,463

1,929

1,279

10,917

Net cash used in investing activities

-386,215

-23,060

-146,012

297,581

-78,162

-341,358

32,862

-11,337

26,034

-97,646

-85,285

-178,875

12,022

-95,317

-1,016

-15,486

13,802

-167,043

-78,095

1,935

-22,095

-90,709

-66,942

-99,440

73,715

-81,425

-77,469

15,636

12,180

-156,552

-19,916

-18,198

8,776

-49,252

36,185

74,710

78,760

FINANCING ACTIVITIES
Net change in deposits

44,559

152,958

113,142

-92,464

100,582

-37,636

-49,043

-20,878

-31,953

112,999

66,364

-158,945

146,570

223,108

80,967

-66,890

37,514

99,691

-109,630

-75,580

-20,903

-

-

-

-

48,697

174,222

-5,196

-239,034

193,132

161,991

-35,544

148,109

183,035

35,031

63,218

151,921

Net (decrease) increase in demand, transaction and savings deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80,601

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in time deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-64,084

-

-15,169

-18,905

-27,284

-5,807

-8,134

-17,664

-32,988

-28,187

-26,886

-27,418

10,524

Net change in short-term borrowings

300

500

-400

-4,200

3,525

-525

-300

2,400

-800

-1,200

1,100

200

300

-

500

2,200

800

-3,277

1,702

32

-1,939

-7,491

-844

3,714

4,013

-484

1,552

-1,369

320

-1,094

-675

-983

-951

-4,005

-7

-5,700

-150

Issuance of common stock in connection with stock options, net

232

1,571

132

455

326

101

414

433

1,290

547

856

689

2,752

6,275

5,106

1,280

693

1,590

1,173

1,485

180

2,578

2,021

1,102

831

1,606

2,271

1,133

190

1,352

1,224

420

544

452

382

23

541

Paydown of long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,000

4,938

2,000

1,026

1,076

-1,862

2,077

74

2,074

5,073

9,573

13,824

1,075

1,069

Common stock acquired

3,098

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,523

-

-

-

-

-

-

-

-

0

1,046

721

943

-

-

-

-

-

-

-

-

Cash dividends paid

10,462

10,446

9,792

9,786

9,781

9,825

6,874

6,868

6,698

6,692

6,045

6,038

6,008

5,964

5,602

5,589

5,615

5,613

5,292

5,273

5,271

5,254

4,773

4,763

4,753

-

-

-

-

8,828

4,091

4,090

4,081

4,086

3,820

3,841

3,846

Net cash provided by financing activities

31,531

142,982

103,082

-105,995

94,652

-60,954

-55,803

-24,913

-38,161

105,654

62,275

-164,094

143,614

219,919

80,971

-68,999

27,869

90,737

-112,047

-79,336

-27,933

154,088

15,260

-18,204

11,670

104,434

156,380

-30,550

-264,889

176,678

150,241

-69,470

105,560

136,889

-14,753

20,784

157,921

Net (decrease)/increase in cash, due from banks and interest-bearing deposits

-319,421

166,415

-2,572

227,033

53,150

-367,911

24,106

-4,043

14,228

40,932

43

-321,112

187,551

144,305

108,334

-70,503

70,148

-56,884

-162,167

-69,453

-27,214

80,490

-23,032

-106,669

105,571

30,599

106,697

4,187

-229,096

32,534

148,706

-73,046

129,221

97,441

39,193

104,354

262,666

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for interest

10,410

12,502

14,218

14,227

13,655

12,453

11,571

10,039

7,486

5,875

5,725

4,728

4,235

3,754

3,712

3,616

3,591

3,113

3,064

3,028

3,050

3,077

3,205

3,862

2,991

3,386

3,455

3,548

3,753

3,946

4,420

4,761

5,185

5,328

6,275

6,812

7,105

Cash paid during the period for income taxes

1,175

-

-

-

-

3,697

8,105

14,900

1,250

9,007

11,601

19,350

1,100

6,500

8,300

16,850

1,050

7,000

9,301

16,630

600

5,050

7,358

12,920

850

-

-

-

-

-

-

-

-

-

-

-

-

Noncash investing and financing activities:
Stock issued in acquisitions

-

-

-

-

-

0

0

0

39,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash consideration for acquisitions

-

-

-

-

-

0

0

0

24,722

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of assets acquired in acquisitions

47,838

-

-

-

-

0

0

0

377,320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities assumed in acquisitions

45,040

-

-

-

-

0

0

0

338,860

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unpaid common stock dividends declared

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

322

-5

4,422

-

-

-

-

-

-

-

-