Bar harbor bankshares (BHB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net income

22,620

32,937

25,993

14,933

15,153

14,613

13,183

12,466

11,043

10,662

10,350

Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of core deposit intangible

-

-

-

-

-

92

92

-

-

-

67

Provision for loan losses

2,317

2,780

2,788

979

1,785

1,833

1,418

1,652

2,395

2,327

3,207

Net securities gains

-

-

-

-

-

403

676

1,938

2,689

2,127

1,521

Other-than-temporary impairment

-

-

-

-

-

-

249

853

2,219

898

1,454

Net amortization of securities

-3,341

-3,945

-5,214

-3,415

-2,403

-2,776

-5,076

-4,133

-1,636

-1,193

965

Deferred tax benefit

1,101

-443

6,886

470

142

-

-

-

-

-

-

Deferred tax benefit

-

-

-

-

-

240

-111

-83

-477

-212

-1,742

Change in unamortized net loan costs and premiums

555

600

933

557

-295

-

-

-

-

-

-

Premises and equipment depreciation

-

-

-

-

-

1,629

1,504

1,292

1,180

1,081

914

Premises and equipment depreciation

4,136

3,704

3,553

1,551

1,710

-

-

-

-

-

-

Stock-based compensation expense

1,373

1,346

1,274

1,278

816

-

-

-

-

-

-

Accretion of purchase accounting entries, net

3,806

3,512

3,337

-

-

-

-

-

-

-

-

Accretion of purchase accounting entries, net

-

-

-

0

0

-

-

-

-

-

-

Amortization of other intangibles

861

828

812

-

-

-

-

-

-

-

-

Amortization of other intangibles

861

828

812

92

92

-

-

-

-

-

-

Amortization of other intangibles

-

-

-

-

-

-

-

36

-

-

-

Income from cash surrender value of bank-owned life insurance policies

2,053

1,821

1,539

703

606

-

-

-

-

-

-

Gain on sales of securities, net

237

-924

19

4,498

1,334

-

-

-

-

-

-

Recognition of stock based compensation expense

-

-

-

-

-

418

265

216

99

217

129

Gains on sale of other real estate owned

-

-

-

-

-

-

-53

-

-

-

-

Net income from bank owned life insurance

-

-

-

-

-

262

246

-

-

-

-

Loss on other real estate owned

-166

0

0

-

-

-

-

37

20

-

-

Loss on premises and equipment, net

-18

0

-94

0

0

-

-

-

-

-

-

Net change in other assets and liabilities

-7,121

2,366

432

169

125

-

-

-

-

-

-

Net cash provided by operating activities

36,403

37,722

40,354

16,791

20,331

-

-

21,091

16,139

13,736

6,783

Proceeds from sale of mortgages held for sale

-

-

-

-

-

-

-

-

-

846

29,898

Origination of mortgage loans held for sale

-

-

-

-

-

-

-

-

-

829

29,842

Net gains on sale of mortgage loans held for sale

-

-

-

-

-

-

-

-

-

26

446

Net change in other assets

-

-

-

-

-

-

-998

-711

-147

213

6,047

Net change in other liabilities

-

-

-

-

-

-

-139

1,790

606

-81

1,327

Net change in other assets and liabilities

-

-

-

-

-

5,405

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

15,531

21,560

-

-

-

-

Cash flows from investing activities:
Proceeds from sales of securities available for sale

92,315

29,107

1,599

-

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

-

-

-

66,583

22,753

37,278

17,234

39,304

48,468

31,070

62,357

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

115,334

95,629

121,583

109,377

106,801

73,854

94,382

93,984

73,737

116,790

70,266

Purchases of securities available for sale

129,189

146,763

172,116

-

-

-

-

-

-

-

-

Net increase in Federal Home Loan Bank stock

-

-

-

-

-

-

-

1,351

-

-

1,272

Net change in loans

-

-

-

128,951

21,088

-

-

55,083

33,217

33,268

37,148

Purchases of securities available for sale

-

-

-

210,824

168,432

110,239

172,131

167,358

137,215

158,584

184,554

Net change in loans

150,831

5,158

145,449

10,042

-

-

-

-

-

-

-

Purchase of FHLB stock

11,687

2,676

11,986

-

-

-

-

-

-

-

-

Net increase in Federal Home Loan Bank stock

-

-

-

-

-

-2,984

-181

-

-

-

-

Net (increase) decrease in total loans originated

-

-

-

-

-

-22,668

11,695

-

-

-

-

Purchase of Federal Home Loan Bank stock

-

-

-

3,852

51,698

89,854

26,937

-

-

-

-

Purchase of Federal Home Loan Bank stock

-

-

-

-

125

-

-

-

-

-

-

Proceeds from sale of FHLB stock

26,667

5,122

10,661

0

-

-

-

-

-

-

-

Purchase of premises and equipment, net

9,185

4,793

3,157

4,296

1,866

2,002

2,394

3,894

3,765

2,659

1,987

Purchase of bank-owned life insurance

0

14,000

0

0

15,000

-

-

-

-

-

-

Acquisitions, net of cash acquired

18,383

0

-

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

-

-

39,537

0

0

-

-

1,197

-

-

-

Net investment in tax credit limited partnerships

22

585

0

0

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

0

153

322

119

672

1,129

1,084

831

167

854

83

Net cash provided by (used in) investing activities

-84,981

-43,964

-159,006

-181,886

-127,983

-

-

-92,370

-51,825

-45,797

-92,255

Net cash used in investing activities

-

-

-

-

-

-70,150

-100,638

-

-

-

-

Cash flows from financing activities:
Net increase (decrease) in deposits

212,693

131,981

151,900

107,513

84,738

22,398

39,886

33,602

14,562

67,155

62,980

Exercise of stock options

273

-

-

-

-

-

-

-

-

-

-

Net change in short-term FRB borrowings

-

-

-

-

1,189

-535

-381

-3,992

-5,679

9,665

-726

Net change in short-term FHLB borrowings

-308,380

37,000

-68,368

-

-

-

-

-

-

-

-

Paydown Of Proceeds From Federal Reserve Borrowings

-

-

-

-

-

-

-

-

-

-

20,000

Paydowns of proceeds from Federal Reserve borrowings

-

-

-

-

-

-

-

-

-

-20,000

-

Proceeds from long-term borrowings from the FHLB

328,097

42,700

221,168

-

-

92,100

82,900

90,796

84,000

28,750

47,490

Repayments of long-term borrowings from the FHLB

237,719

180,982

92,539

-

-

53,990

44,641

39,296

58,052

30,030

79,038

Proceeds from advances from the Federal Home Loan Bank

-

-

-

59,700

19,200

-

-

-

-

-

-

Repayments of advances from the Federal Home Loan Bank

-

-

-

1,234

7,382

-

-

-

-

-

-

Net change in short-term other borrowings

8,621

-4,495

-222

871

-

-

-

-

-

-

-

Proceeds from subordinated debt issuance

40,000

0

0

-

-

-

-

-

-

-

-

Repayments of subordinated debt

22,000

0

0

-

-

-

-

-

-

-

-

Payments of subordinated debt issuance costs

700

0

0

-

-

-

-

-

-

-

-

Exercise of stock options

-

615

746

1,570

1,127

616

461

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

1,941

20,412

Net proceeds from issuance of preferred stock and stock warrants

-

-

-

-

-

-

-

-

-

-

18,520

Purchase of treasury stock

239

324

282

497

24

8

24

181

623

275

-

Purchases of preferred stock and warrants

-

-

-

-

-

-

-

-

-

-19,152

-144

Proceeds from stock option exercises, including excess tax benefits

-

-

-

-

-

-

-

1,187

1,611

1,083

552

Cash dividends paid on common stock

13,366

12,184

11,505

6,577

6,040

5,362

4,915

4,565

4,228

4,093

3,784

Net cash (used in) provided by financing activities

6,734

14,311

200,898

163,814

107,572

-

-

77,551

31,591

35,044

86,262

Net change in cash and cash equivalents

-41,844

8,069

82,246

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

55,219

73,286

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-1,281

-80

600

-5,792

6,272

-4,095

2,983

790

Supplemental cash flow information:
Interest paid

-

-

-

-

10,362

-

-

-

-

-

-

Interest paid

45,755

36,511

21,399

11,944

-

9,920

11,833

14,011

16,768

19,601

21,191

Income taxes paid, net

2,371

9,891

9,084

6,286

5,566

6,237

4,514

4,323

5,087

4,826

5,954

Other non-cash changes:
Assets acquired

243,676

0

1,454,076

0

0

-

-

-

-

-

-

Liabilities acquired

261,814

0

1,406,672

0

0

-

-

-

-

-

-

Other non-cash changes:
Real estate owned acquired in settlement of loans

250

2,380

32

0

425

-

-

-

-

-

-

Initial recognition of operating lease right-of-use assets

8,991

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease liabilities

8,991

-

-

-

-

-

-

-

-

-

-

Transfers from loans to other real estate owned

-

-

-

-

-

320

261

1,058

2,210

656

854

Restricted and Performance stock grants

-

-

-

-

-

115

104

-

-

-

-

Fair value of non cash assets acquired

-

-

-

-

-

-

-

41,576

-

-

-

Fair value of liabilities assumed

-

-

-

-

-

-

-

-42,773

-

-

-