Bancorp of new jersey, inc. (BKJ)
CashFlow / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Cash flows from operating activities:
Net income

5,481

3,574

4,001

-

-

-

-

-

-

Net income

-

-

-

4,808

3,790

4,654

4,200

3,322

2,151

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

1,150

400

1,570

924

3,075

810

1,198

1,183

1,335

Amortization of securities premiums

-175

-193

-146

-112

-

-

-

-

-

Amortization of securities premiums

-

-

-

-

109

88

-

-

-

Deferred income taxes

210

1,028

-483

-542

-406

-354

-99

-

-444

Depreciation

862

669

665

-

-

-

-

-

-

Depreciation and amortization

-

-

-

615

570

520

490

430

430

Stock based compensation

379

397

285

211

250

172

143

-

-

Accretion of net loan origination fees and costs

-139

-212

-205

33

-75

-231

-114

-

-

Loss on sale disposition of fixed assets

-35

-

-

-

-

-

-

-

-

Recognition of stock option expense

-

-

-

-

-

-

-

156

294

Increase in deferred income taxes

-

-

-

-

-

-

-

433

-

Loss on sale of securities

-

-

-

-15

-16

195

243

-

127

Gain on sale of other real estate owned

-

18

-

-6

-

-

-

-203

-

Gain on sale of other real estate owned

-

-

-

-

54

-

-

-

-

Write down of other real estate owned

-

41

56

217

-

-

-

-

-

Changes in operating assets and liabilities:
(Increase) decrease in accrued interest receivable

146

329

62

-136

985

-276

217

230

112

Decrease (increase) in other assets

-92

-210

-202

594

-1,545

1,477

-191

-564

-265

(Decrease) increase in accrued interest payable and other liabilities

3,850

121

-199

629

-

-

-

-

-

Decrease in other liabilities

-

-

-

-

349

-398

146

327

328

NET CASH PROVIDED BY OPERATING ACTIVITIES

-

-

-

6,504

8,442

4,327

5,923

5,522

4,120

NET CASH PROVIDED BY OPERATING ACTIVITIES

12,227

6,498

6,386

-

-

-

-

-

-

Cash flows from investing activities:
Purchases of securities available for sale

-

15,064

47,000

23,720

-

48,000

100,676

56,141

38,074

Purchases of securities held to maturity

5,852

10,148

7,343

5,829

11,923

24,008

5,781

4,787

3,728

Proceeds from sales of securities available for sale

-

-

-

-

10,984

47,379

17,737

-

-

Purchases of restricted investment in bank stock

-

-

-

-

1,370

-

-

-

-

Proceeds from maturities of securities held to maturity

6,058

11,433

5,829

15,923

-

-

-

-

-

Purchase of interest bearing time deposits

-

-

-

-

-

-750

-

-250

-

Purchase of restricted investment in bank stock

-

-

-

-

-

123

120

58

72

Proceeds from maturities of securities held to maturity

-

-

-

-

14,014

11,479

5,086

3,728

4,296

Proceeds from calls, maturities and other principal payments of securities available for sale

20,674

23,052

50,180

11,000

-

18,031

51,294

28,016

25,014

Proceeds from sales of securities available for sale

-

-

-

6,985

-

-

-

-

6,169

Purchase of restricted investment in bank stock

2,161

56

706

170

-

-

-

-

-

Proceeds from calls of restricted investment of bank stock

302

659

743

312

-

-

-

-

-

Proceeds from sale of other real estate owned

415

176

-

162

1,090

-

-

1,484

-

Proceeds from maturities of certificates of deposit

500

-

-

-

-

-

-

-

-

Net increase in loans

46,313

60,990

16,970

11,200

164,229

37,879

71,169

63,449

40,475

Purchases of premises and equipment

612

897

3,662

979

279

723

511

706

143

NET CASH USED IN INVESTING ACTIVITIES

-

-

-

-7,516

-151,713

-34,594

-104,140

-92,163

-47,013

NET CASH USED IN INVESTING ACTIVITIES

-26,989

-51,835

-18,929

-

-

-

-

-

-

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

-51,591

70,305

17,249

51,765

95,654

37,585

99,572

97,742

51,278

Net (decrease) increase in borrowed funds

38,273

-11,623

-1,521

-6,421

32,950

-

-

-

-

Proceeds from borrowed funds

-

-

-

-

-

-

19,000

19,000

-

Dividends paid

4

695

1,128

1,503

1,287

1,269

2,499

2,083

3,279

Proceeds from the sale of common stock through the private placement

-

-

-

9,280

-

-

-

-

-

Repayment of short term borrowing

-

-

-

-

-

-

19,000

19,000

-

Proceeds from exercise of stock options

7

2,993

730

20

273

614

-

-

-

NET CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES

-13,315

60,980

15,330

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-28,077

15,643

-

-

-

-

-

-

-

(Decrease) increase in cash and cash equivalents

-

-

2,787

-

-

-

-

-

-

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-

-

-

53,141

127,590

36,930

97,073

95,659

47,999

Increase (decrease) in cash and cash equivalents

-

-

-

52,129

-15,681

6,663

-1,144

9,018

5,106

Supplemental information:
Cash paid during the year for:
Interest

9,159

7,476

7,174

-

-

-

-

-

-

Income taxes

994

2,605

2,609

-

-

-

-

-

-

Non-cash Investing and Financing Activities:
Interest

-

-

-

8,083

6,488

6,142

6,005

4,575

4,270

Taxes

-

-

-

3,173

2,464

3,680

2,747

2,650

2,544

Supplemental disclosure of non-cash investing and financing transactions:
Loans transferred to other real estate owned

511

-

158

-

1,077

964

-

-

1,938