BRIDGE BANCORP, INC. BDGE Cash Flow

Bridge bancorp, inc. (BDGE)

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
48,112	51,691	51,347	43,991	40,081	39,227	18,447	21,343	23,441	20,539	36,615	36,023	36,036	35,491	34,326	33,365	24,974	21,111	17,284	14,265	18,120	13,763	13,200	11,452	10,386	13,093	12,898	13,135	12,946	12,772	12,312	11,725	11,138	10,359	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
10,100	5,700	5,500	4,700	1,600	1,800	11,800	13,500	14,050	14,050	5,050	5,150	5,100	5,550	5,150	4,650	4,450	4,000	3,500	2,500	2,300	2,200	2,400	2,400	2,500	2,350	2,725	2,825	4,725	5,000	4,775	5,625	4,025	3,900	0	0	0
Depreciation and amortization of premises and equipment
4,208	4,253	4,077	3,986	3,915	3,800	3,813	3,797	3,785	3,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (accretion) and other amortization
1,306	1,375	1,334	1,372	1,347	2,093	3,968	5,431	11,307	7,936	21,008	17,613	9,182	10,226	-5,620	-5,580	-4,438	-3,789	-3,047	-1,460	-341	481	702	1,198	1,612	1,852	1,456	1,357	1,253	1,271	1,786	1,797	1,827	1,843	0	0	0
Net amortization on securities
-4,371	-4,365	-3,447	-3,026	-3,355	-4,009	-4,774	-5,577	-5,971	-6,361	-6,667	-6,607	-6,729	-6,501	-5,976	-5,801	-5,362	-4,936	-4,822	-4,398	-3,916	-3,763	-3,488	-3,866	-4,541	-5,168	-6,157	-6,425	-6,127	-5,573	-4,522	-3,480	-2,794	-2,400	0	0	0
Increase in cash surrender value of bank owned life insurance
2,225	2,230	2,231	2,227	2,226	2,219	2,218	2,224	2,236	2,250	2,261	2,254	2,118	1,929	1,733	1,549	1,366	1,225	1,085	946	770	609	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of other intangible assets
755	787	819	852	884	917	950	982	1,014	1,047	1,627	1,842	2,240	2,637	2,487	2,702	2,075	1,447	820	239	290	300	264	182	101	59	61	63	65	67	0	0	0	-	-	-	-
Share based compensation expense
3,760	3,692	3,553	3,548	3,657	3,487	3,302	3,048	2,759	2,585	2,517	2,399	2,246	2,142	2,068	2,004	1,845	1,689	1,536	1,393	1,293	1,234	1,235	1,227	1,249	1,296	1,290	1,306	1,315	1,343	1,303	1,234	1,154	1,047	0	0	0
Net securities losses
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net securities (gains) losses
-	-	-	-	-	-	-	-	-	-	-	-	-	449	451	451	68	-8	19	28	12	-1,090	-1,119	-1,117	-791	659	1,127	1,302	2,713	2,647	0	0	0	-	-	-	-
Increase in accrued interest receivable
-1,987	-328	-96	772	1,150	-416	788	1,896	1,648	1,419	1,438	813	277	963	-2,036	-2,244	1,015	267	2,558	2,157	-18	777	1,013	857	840	212	42	539	-203	496	1,038	459	1,361	787	0	0	0
SBA loans originated for sale
30,119	27,419	29,226	23,458	27,247	28,340	25,199	23,559	17,233	18,596	20,247	21,588	16,418	11,944	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of the guaranteed portion of SBA loans
32,813	29,922	33,553	32,378	29,608	30,898	25,830	18,961	19,108	20,667	22,534	24,009	18,279	13,286	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of the guaranteed portion of SBA loans
2,138	1,984	2,154	2,077	1,924	2,078	1,833	1,409	1,517	1,689	1,869	1,982	1,526	1,097	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in other assets
4,043	-3,942	-4,592	228	-380	2,373	-2,274	-7,908	-7,515	-5,426	-5,199	-5,531	-6,135	-8,331	-1,935	-905	4,953	6,815	3,843	-4,471	-9,210	-5,783	-3,800	7,107	4,027	1,366	4,353	2,480	3,597	2,287	-754	-1,775	-2,399	-1,593	0	0	0
Decrease in accrued expenses and other liabilities
-27	-1,509	-6,702	-3,566	-1,710	3,430	5,951	3,487	4,051	4,194	3,016	1,848	-4,686	-6,476	-2,438	3,281	9,669	10,799	3,259	-3,407	-4,099	-1,417	5,570	3,944	5,371	3,483	-362	5,431	1,153	1,737	-144	-2,835	-2,141	-1,582	0	0	0
Net cash provided by operating activities
66,062	69,962	65,128	58,483	55,378	58,383	50,919	51,730	52,476	46,826	52,437	51,317	44,417	44,236	43,940	47,108	36,193	31,526	20,249	19,268	29,925	25,811	30,356	17,246	21,580	25,029	18,703	26,221	21,477	22,333	22,160	20,418	19,488	18,680	0	0	0
Cash flows from investing activities:
Purchases of securities available for sale
191,624	141,297	95,519	111,678	295,992	255,746	253,640	237,875	87,060	116,956	287,042	354,518	348,070	462,702	464,740	422,267	437,888	330,646	143,155	223,691	231,359	342,185	433,850	331,531	455,963	333,359	351,302	502,467	404,353	511,979	490,552	414,949	408,755	302,760	0	0	0
Purchases of securities, restricted
96,486	97,206	75,696	63,006	177,717	505,272	743,097	831,549	749,657	654,017	642,289	585,052	761,250	537,930	391,839	385,183	307,457	318,887	308,833	332,319	363,079	408,439	441,222	411,222	244,679	164,503	64,873	35,728	31,054	31,355	0	0	0	-	-	-	-
Purchases of securities held to maturity
-	-	-	-	-	-	-	-	-	4,128	6,634	15,875	26,178	46,495	0	0	0	-	-	-	-	52,464	0	0	0	-	-	-	-	132,304	130,943	100,319	94,901	83,911	0	0	0
Proceeds from sales of securities available for sale
121,058	46,500	0	0	0	-	-	-	-	-	-	-	-	264,358	266,320	266,320	30,667	75,750	84,741	200,002	235,988	360,963	350,010	289,015	281,641	129,431	214,313	163,317	195,168	151,959	0	0	0	-	-	-	-
Redemption of securities, restricted
98,200	88,355	72,389	65,649	185,844	516,593	752,169	843,621	748,711	653,411	632,570	567,127	750,866	527,975	382,293	379,368	295,883	308,808	309,136	332,602	364,949	408,036	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Maturities, calls and principal payments of securities available for sale
237,026	149,456	122,424	97,503	87,373	92,818	100,997	109,353	112,862	118,092	118,854	125,579	150,173	167,045	165,420	152,117	134,753	113,217	112,110	105,468	89,811	80,242	66,390	69,751	94,728	130,411	172,064	214,702	253,830	266,095	257,962	288,769	236,553	196,886	0	0	0
Maturities, calls and principal payments of securities held to maturity
24,452	25,642	23,991	24,260	26,763	20,851	25,704	36,274	40,917	45,334	43,084	32,766	28,250	30,460	36,490	42,955	43,030	34,897	27,920	21,612	38,024	37,983	38,414	45,471	65,207	76,128	82,411	96,229	94,450	89,123	91,853	78,665	57,112	61,844	0	0	0
Net increase in loans
387,675	421,024	328,439	266,689	231,097	213,973	342,485	452,445	570,035	526,989	348,922	281,887	185,406	206,380	287,423	281,644	364,864	354,375	336,429	324,592	265,812	235,320	224,887	215,489	189,117	217,668	201,863	224,051	220,418	185,790	135,335	90,444	83,320	73,029	0	0	0
Proceeds from loan sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,011	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of other real estate owned ("OREO"), net
-	-	-	-	-	-	-	-	-	-	-	-	-	278	0	0	0	-	-	-	-	2,942	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of premises and equipment
4,251	3,307	1,750	1,971	4,523	5,325	4,733	4,819	2,580	2,069	4,365	4,169	4,119	4,270	3,262	3,443	4,221	4,325	4,844	5,579	5,288	5,232	4,653	3,602	3,467	4,029	4,457	4,656	4,470	3,592	2,868	3,116	2,498	2,031	0	0	0
Net cash acquired in business combination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,926	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-199,025	-352,606	-235,825	-209,157	-139,844	-80,549	-149,801	-194,494	-434,420	-411,784	-447,369	-497,913	-171,965	-279,545	-370,903	-306,475	-609,020	-451,572	-244,868	-251,011	-188,707	-170,548	-291,440	-219,496	-302,650	-301,175	-161,124	-369,510	-201,371	-327,231	-343,724	-178,930	-276,522	-186,698	0	0	0
Cash flows from financing activities:
Net increase (decrease) in deposits
330,282	-71,728	124,167	283,414	294,258	551,891	415,883	493,627	448,435	408,597	279,703	206,072	42,884	83,120	19,251	71,471	315,278	223,872	316,035	246,056	164,976	125,300	170,719	126,327	130,922	129,773	148,232	224,638	171,774	221,192	159,312	158,180	179,596	214,252	0	0	0
Net decrease in federal funds purchased
-	-	-	-	-	50,000	50,000	50,000	50,000	50,000	50,000	100,000	85,000	20,000	-100,000	-80,000	-30,000	-45,000	41,000	0	-39,000	-11,000	0	-34,500	-37,000	-19,500	0	0	0	-	-	-	-34,000	7,000	0	0	0
Net (decrease) increase in FHLB advances
40,216	-194,568	-71,354	60,860	189,858	260,855	210,852	262,850	-29,253	-5,056	-207,557	-365,560	-192,463	-199,666	91,006	224,002	90,795	124,087	76,204	8,999	47,998	1,499	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of junior subordinated debentures
-	-	-	-	-	-	-	-	-	352	0	0	0	-	-	-	-	-	-	-	-	1,450	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in repurchase agreements
474	460	140	-492	-151	-338	-30	706	165	203	-50,248	-50,164	-50,258	-50,217	24,935	24,322	24,721	14,628	14,385	15,181	14,682	24,893	459	91	-1,259	-1,020	-1,778	-1,016	1,283	-4,507	-3,502	-3,880	-4,794	527	0	0	0
Net proceeds from issuance of common stock
1,144	1,102	1,077	968	983	1,017	935	950	961	951	48,475	48,464	48,443	48,442	926	877	831	779	697	670	649	631	0	0	0	-	-	-	-	10,507	31,679	30,684	29,331	28,088	0	0	0
Purchase of treasury stock
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of surrendered stock from vesting of stock plans
1,100	887	894	899	955	586	589	638	555	350	346	300	274	344	330	324	309	228	252	238	236	173	289	289	289	291	236	236	236	175	155	155	155	128	0	0	0
Excess tax benefit from share based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	55	54	54	36	60	60	60	21	-17	-17	-17	-18	-25	-25	-25	-16	0	0	0
Cash dividends paid
18,638	18,420	18,405	18,386	18,366	18,342	18,317	18,292	18,267	18,238	17,715	17,190	16,664	16,140	16,107	16,076	14,745	13,415	12,089	10,762	10,737	10,657	0	0	0	-	-	-	-	9,898	7,423	6,992	6,517	6,061	0	0	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-192	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
266,688	104,470	176,814	203,424	85,911	222,787	137,030	163,503	409,992	345,867	417,136	452,152	131,304	244,589	285,834	262,768	591,258	472,874	282,736	244,737	163,388	150,894	271,871	224,629	299,830	270,470	151,538	319,894	181,248	276,601	256,886	192,812	226,420	224,646	0	0	0
Net increase (decrease) in cash and cash equivalents
133,725	-178,174	6,117	52,750	1,445	200,621	38,148	20,739	28,048	-19,091	22,204	5,556	3,756	9,280	-41,129	3,401	18,431	52,828	58,117	12,994	4,606	6,157	10,787	22,379	18,760	-5,676	9,117	-23,395	1,354	-28,297	-64,678	34,300	-30,614	56,628	0	0	0
Supplemental disclosure of cash flow information:
Cash paid for:
Interest
37,301	39,395	40,157	38,705	35,417	32,254	29,159	26,801	24,872	22,917	20,610	18,632	17,397	16,640	16,234	13,592	12,202	8,793	8,118	7,428	7,507	7,377	7,304	7,258	7,114	7,194	7,359	7,463	7,557	7,727	7,844	7,891	7,814	7,730	0	0	0
Income taxes
9,322	9,158	5,783	2,361	2,262	2,474	0	0	0	-	-	-	-	21,585	21,437	15,516	9,454	8,744	7,574	7,520	4,445	4,068	1,839	3,054	5,801	5,108	6,427	6,782	5,360	5,260	0	0	0	-	-	-	-
Non-cash investing and financing activities:
Securities which settled in the subsequent period
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	0	0	0	-	-	-	-	-	0	0	0	-	-	-	0
Conversion of junior subordinated debentures
-	-	-	-	-	-	-	-	-	15,350	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfers from portfolio loans to other real estate owned
-	-	-	-	-	175	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of noncash assets and liabilities:
Fair value of assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209,022	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	213,224	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-