BRIDGE BANCORP, INC. BDGE Cash Flow

Bridge bancorp, inc. (BDGE)

CashFlow / Quarterly

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
9,348	14,208	13,903	10,653	12,927	13,864	6,547	6,743	12,073	-6,916	9,443	8,841	9,171	9,160	8,851	8,854	8,626	7,995	7,890	463	4,763	4,168	4,871	4,318	406	3,605	3,123	3,252	3,113	3,410	3,360	3,063	2,939	2,950	2,773	2,476	2,160
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
5,000	600	1,000	3,500	600	400	200	400	800	10,400	1,900	950	800	1,400	2,000	900	1,250	1,000	1,500	700	800	500	500	500	700	700	500	600	550	1,075	600	2,500	825	850	1,450	900	700
Depreciation and amortization of premises and equipment
1,003	1,105	1,065	1,035	1,048	929	974	964	933	942	958	952	948	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (accretion) and other amortization
218	331	321	436	287	290	359	411	1,033	2,165	1,822	6,287	-2,338	15,237	-1,573	-2,144	-1,294	-609	-1,533	-1,002	-645	133	54	117	177	354	550	531	417	-42	451	427	435	473	462	457	451
Net amortization on securities
-654	-1,649	-1,192	-876	-648	-731	-771	-1,205	-1,302	-1,496	-1,574	-1,599	-1,692	-1,802	-1,514	-1,721	-1,464	-1,277	-1,339	-1,282	-1,038	-1,163	-915	-800	-885	-888	-1,293	-1,475	-1,512	-1,877	-1,561	-1,177	-958	-826	-519	-491	-564
Increase in cash surrender value of bank owned life insurance
548	560	561	556	553	561	557	555	546	560	563	567	560	571	556	431	371	375	372	248	230	235	233	72	69	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of other intangible assets
181	182	182	210	213	214	215	242	246	247	247	274	279	827	462	672	676	677	677	45	48	50	96	96	58	14	14	15	16	16	16	17	18	-	-	-	-
Share based compensation expense
1,022	937	907	894	954	798	902	1,003	784	613	648	714	610	545	530	561	506	471	466	402	350	318	323	302	291	319	315	324	338	313	331	333	366	273	262	253	259
Net securities losses
-15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net securities (gains) losses
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	383	66	2	0	0	-10	29	9	-16	-1,112	0	11	310	338	468	186	1,721	272	-	-	-	-
Increase in accrued interest receivable
162	-789	-700	-660	1,821	-557	168	-282	255	647	1,276	-530	26	666	651	-1,066	712	-2,333	443	2,193	-36	-42	42	18	759	194	-114	1	131	24	383	-741	830	566	-196	161	256
SBA loans originated for sale
5,888	4,407	8,448	11,376	3,188	6,214	2,680	15,165	4,281	3,073	1,040	8,839	5,644	4,724	2,381	3,669	1,170	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of the guaranteed portion of SBA loans
6,345	4,814	9,211	12,443	3,454	8,445	8,036	9,673	4,744	3,377	1,167	9,820	6,303	5,244	2,642	4,090	1,310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of the guaranteed portion of SBA loans
371	322	601	844	217	492	524	691	371	247	100	799	543	427	213	343	114	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in other assets
3,979	-793	-725	1,582	-4,006	-1,443	4,095	974	-1,253	-6,090	-1,539	1,367	836	-5,863	-1,871	763	-1,360	533	-841	6,621	502	-2,439	-9,155	1,882	3,929	-456	1,752	-1,198	1,268	2,531	-121	-81	-42	-510	-1,142	-705	764
Decrease in accrued expenses and other liabilities
-4,137	3,042	-484	1,552	-5,619	-2,151	2,652	3,408	-479	370	188	3,972	-336	-808	-980	-2,562	-2,126	3,230	4,739	3,826	-996	-4,310	-1,927	3,134	1,686	2,677	-3,553	4,561	-202	-1,168	2,240	283	382	-3,049	-451	977	941
Net cash provided by operating activities
8,265	22,499	18,470	16,828	12,165	17,665	11,825	13,723	15,170	10,201	12,636	14,469	9,520	15,812	11,516	7,569	9,339	15,516	14,684	-3,346	4,672	4,239	13,703	7,311	558	8,784	593	11,645	4,007	2,458	8,111	6,901	4,863	2,285	6,369	5,971	4,055
Cash flows from investing activities:
Purchases of securities available for sale
91,098	76,924	13,606	9,996	40,771	31,146	29,765	194,310	525	29,040	14,000	43,495	30,421	199,126	81,476	37,047	145,053	201,164	39,003	52,668	37,811	13,673	119,539	60,336	148,637	105,338	17,220	184,768	26,033	123,281	168,385	86,654	133,659	101,854	92,782	80,460	27,664
Purchases of securities, restricted
14,130	33,435	24,615	24,306	14,850	11,925	11,925	139,017	342,405	249,750	100,377	57,125	246,765	238,022	43,140	233,323	23,445	91,931	36,484	155,597	34,875	81,877	59,970	186,357	80,235	114,660	29,970	19,814	59	15,030	825	15,140	360	-	-	-	-
Purchases of securities held to maturity
-	-	-	-	-	-	-	-	-	500	1,597	1,019	1,012	3,006	10,838	11,322	21,329	-	-	-	-	11,154	10,374	12,974	17,962	-	-	-	-	15,957	61,250	37,929	17,168	14,596	30,626	32,511	6,178
Proceeds from sales of securities available for sale
74,558	0	0	46,500	0	-	-	-	-	-	-	-	-	0	0	235,653	28,705	1,962	0	0	73,788	10,953	115,261	35,986	198,763	0	54,266	28,612	46,553	84,882	3,270	60,463	3,344	-	-	-	-
Redemption of securities, restricted
20,655	29,025	20,250	28,270	10,810	13,059	13,510	148,465	341,559	248,635	104,962	53,555	246,259	227,794	39,519	237,294	23,368	82,112	36,594	153,809	36,293	82,440	60,060	186,156	79,380	-	-	-	-	-	-	-	-	-	-	-	-
Maturities, calls and principal payments of securities available for sale
106,840	47,315	47,025	35,846	19,270	20,283	22,104	25,716	24,715	28,462	30,460	29,225	29,945	29,224	37,185	53,819	46,817	27,599	23,882	36,455	25,281	26,492	17,240	20,798	15,712	12,640	20,601	45,775	51,395	54,293	63,239	84,903	63,660	46,160	94,046	32,687	23,993
Maturities, calls and principal payments of securities held to maturity
9,280	5,742	4,795	4,635	10,470	4,091	5,064	7,138	4,558	8,944	15,634	11,781	8,975	6,694	5,316	7,265	11,185	12,724	11,781	7,340	3,052	5,747	5,473	23,752	3,011	6,178	12,530	43,488	13,932	12,461	26,348	41,709	8,605	15,191	13,160	20,156	13,337
Net increase in loans
81,992	171,750	78,277	55,656	115,341	79,165	16,527	20,064	98,217	207,677	126,487	137,654	55,171	29,610	59,452	41,173	76,145	110,653	53,673	124,393	65,656	92,707	41,836	65,613	35,164	82,274	32,438	39,241	63,715	66,469	54,626	35,608	29,087	16,014	9,735	28,484	18,796
Proceeds from loan sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	19,150	0	1,861	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of other real estate owned ("OREO"), net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	278	-	-	-	-	700	0	0	2,242	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of premises and equipment
1,462	1,623	603	563	518	66	824	3,115	1,320	-526	910	876	809	1,770	714	826	960	762	895	1,604	1,064	1,281	1,630	1,313	1,008	702	579	1,178	1,570	1,130	778	992	692	406	1,026	374	225
Net cash acquired in business combination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,926	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
22,651	-201,650	-45,031	25,005	-130,930	-84,869	-18,363	94,318	-71,635	-154,121	-63,056	-145,608	-48,999	-189,706	-113,600	180,340	-156,579	-281,064	-49,172	-122,205	869	-74,360	-55,315	-59,901	19,028	-195,252	16,629	-143,055	20,503	-55,201	-191,757	25,084	-105,357	-71,694	-26,963	-72,508	-15,533
Cash flows from financing activities:
Net increase (decrease) in deposits
241,089	71,365	-93,292	111,120	-160,921	267,260	65,955	121,964	96,712	131,252	143,699	76,772	56,874	2,358	70,068	-86,416	97,110	-61,511	122,288	157,391	5,704	30,652	52,309	76,311	-33,972	76,071	7,917	80,906	-35,121	94,530	84,323	28,042	14,297	32,650	83,191	49,458	48,953
Net decrease in federal funds purchased
-	-	-	-	-	0	0	0	50,000	0	0	0	50,000	0	50,000	-15,000	-15,000	-120,000	70,000	35,000	-30,000	-34,000	29,000	-4,000	-2,000	-23,000	-5,500	-6,500	15,500	-	-	-	-36,000	0	0	2,000	5,000
Net (decrease) increase in FHLB advances
145,000	-98,000	-97,000	90,216	-89,784	25,214	35,214	219,214	-18,787	-24,789	87,212	-72,889	5,410	-227,290	-70,791	100,208	-1,793	63,382	62,205	-32,999	31,499	15,499	-5,000	6,000	-15,000	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of junior subordinated debentures
-	-	-	-	-	-	-	-	-	0	0	0	352	-	-	-	-	-	-	-	-	0	0	0	1,450	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in repurchase agreements
196	43	11	224	182	-277	-621	565	-5	31	115	24	33	-50,420	199	-70	74	24,732	-414	329	-10,019	24,489	382	-170	192	55	14	-1,520	431	-703	776	779	-5,359	302	398	-135	-38
Net proceeds from issuance of common stock
240	337	346	221	198	312	237	236	232	230	252	247	222	47,754	241	226	221	238	192	180	169	156	165	159	151	-	-	-	-	3,943	2,170	2,306	2,088	25,115	1,175	953	845
Purchase of treasury stock
4,633	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of surrendered stock from vesting of stock plans
1,008	10	12	70	795	17	17	126	426	20	66	43	221	16	20	17	291	2	14	2	210	26	0	0	147	142	0	0	149	87	0	0	88	67	0	0	61
Excess tax benefit from share based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	0	48	6	0	0	30	30	0	0	-9	-8	0	0	-10	-15	0	0	-1
Cash dividends paid
4,812	4,608	4,611	4,607	4,594	4,593	4,592	4,587	4,570	4,568	4,567	4,562	4,541	4,045	4,042	4,036	4,017	4,012	4,011	2,705	2,687	2,686	2,684	2,680	2,607	-	-	-	-	4,040	1,983	1,952	1,923	1,565	1,552	1,477	1,467
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-384	192	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
86,072	165,127	-862	16,351	-76,146	237,471	25,748	-101,162	60,730	151,714	52,221	145,327	-3,395	222,983	87,237	-175,521	109,890	264,228	64,171	152,969	-8,494	74,090	26,172	71,620	-20,988	195,067	-21,070	146,821	-50,348	76,135	147,286	8,175	45,005	56,420	83,212	41,783	43,231
Net increase (decrease) in cash and cash equivalents
116,988	-14,024	-27,423	58,184	-194,911	170,267	19,210	6,879	4,265	7,794	1,801	14,188	-42,874	49,089	-14,847	12,388	-37,350	-1,320	29,683	27,418	-2,953	3,969	-15,440	19,030	-1,402	8,599	-3,848	15,411	-25,838	23,392	-36,360	40,160	-55,489	-12,989	62,618	-24,754	31,753
Supplemental disclosure of cash flow information:
Cash paid for:
Interest
9,032	7,590	10,972	9,707	11,126	8,352	9,520	6,419	7,963	5,257	7,162	4,490	6,008	2,950	5,184	3,255	5,251	2,544	2,542	1,865	1,842	1,869	1,852	1,944	1,712	1,796	1,806	1,800	1,792	1,961	1,910	1,894	1,962	2,078	1,957	1,817	1,878
Income taxes
213	3,375	3,425	2,309	49	0	3	2,210	261	-	-	-	-	4,503	5,975	9,137	1,970	4,355	54	3,075	1,260	3,185	0	0	883	956	1,215	2,747	190	2,275	1,570	1,325	90	-	-	-	-
Non-cash investing and financing activities:
Securities which settled in the subsequent period
-	-	-	-	-	-	-	-	-	-	-	-	3,080	-	-	-	5,400	-	-	-	-	-	-1,137	-7,533	12,905	-	-	-	-	-	11,003	5,977	894	-	-	-	750
Conversion of junior subordinated debentures
-	-	-	-	-	-	-	-	-	0	0	0	15,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfers from portfolio loans to other real estate owned
-	-	-	-	-	0	0	0	175	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of noncash assets and liabilities:
Fair value of assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,696	-1,696	0	209,022	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	477	-477	0	213,224	-	-	-	-	-	-	-	-	-	-	-	-