Bancorp of new jersey, inc. (BKJ)
CashFlow / Quarterly
Sep'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

517

1,344

1,561

1,186

1,762

1,190

1,343

-126

1,349

1,289

1,062

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,292

1,034

1,356

1,294

1,124

580

1,261

1,078

871

1,167

1,225

1,117

1,145

1,167

1,142

994

897

971

901

812

638

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

-

-

-

220

280

325

325

-

-

-

-

0

1,120

150

300

265

-124

413

370

1,598

693

344

440

125

225

320

140

313

260

330

295

285

300

212

386

Amortization of securities premiums

-30

-31

-31

-40

-45

-45

-45

-49

-48

-47

-49

-198

91

-2

-37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of securities premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

27

29

28

27

25

-21

-87

161

35

-

-

-

-

-

-

-

-

Deferred income taxes

6

7

41

-29

328

-163

74

1,486

-360

34

-132

-25

0

-280

-178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

224

221

221

222

220

213

207

202

140

145

182

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

144

146

188

157

156

153

149

146

142

141

141

140

131

125

124

121

124

124

121

116

103

99

112

Stock based compensation

65

65

67

59

84

83

153

108

119

98

72

81

71

81

52

52

53

52

54

52

52

52

94

44

55

54

19

-

-

-

-

-

-

-

-

Accretion of net loan origination fees and costs

20

42

45

-79

20

-92

12

-55

-24

-17

-116

-87

-62

-38

-18

-7

22

23

-5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of stock option expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

36

39

39

38

40

Increase in deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

228

154

222

-171

Loss on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-10

-5

-

-

-

-

0

-2

144

53

-

-

-

-

-

-

-

-

Gain on sale of other real estate owned

-

-

-

-

-

-

-

0

0

0

18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write down of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37

14

6

160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-72

-203

283

-53

218

-134

115

53

348

-238

166

-9

105

-154

120

-35

-3

-155

57

-13

258

10

730

-625

128

-76

297

-362

354

7

218

58

-235

-34

441

Decrease (increase) in other assets

-65

-195

-161

-100

-19

110

-83

-60

43

-26

-167

63

-144

231

-352

909

117

-602

170

-2

262

-112

-1,693

1,649

236

-293

-115

-108

131

-225

11

-376

773

-845

-116

(Decrease) increase in accrued interest payable and other liabilities

-75

-38

-667

3,624

69

411

-254

-362

467

-184

200

222

-449

193

-165

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-269

-1,154

1,285

21

197

-

-

-

60

-170

700

-61

-323

-37

390

-240

214

NET CASH PROVIDED BY OPERATING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,776

1,287

1,359

2,460

1,398

889

3,033

1,789

2,731

-875

2,296

1,618

1,288

2,212

1,409

1,505

797

1,464

1,041

1,781

1,236

NET CASH PROVIDED BY OPERATING ACTIVITIES

1,134

2,126

1,087

5,589

2,569

2,220

1,849

1,860

1,396

1,710

1,532

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,000

0

23,000

11,000

30,854

18,000

15,085

36,737

22,131

13,992

14,021

5,997

Purchases of securities held to maturity

-

-

-

-

-

-

-

1,647

0

4,411

4,090

2,247

0

2,679

2,417

1,111

151

2,103

2,464

2,817

0

1,980

7,126

3,999

13,068

2,400

4,541

-

-

-

-

877

0

2,400

1,510

Proceeds from sales of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

6,112

4,988

36,230

-

-

-

-

-

-

-

-

Proceeds from maturities of securities held to maturity

-

-

-

-

-

-

-

0

2,665

6,299

2,469

0

0

2,979

2,850

4,000

148

4,649

7,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

14,015

7,598

3,181

0

700

-1

229

948

3,910

0

1,328

0

2,400

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

637

4,621

554

8,609

10,663

707

695

5,620

5,432

8,000

4,000

9,675

22,005

14,500

4,000

-

-

-

-

-

-

-

-

0

0

6,031

12,000

13,544

14,677

10,043

13,030

6,018

11,998

6,000

4,000

Proceeds from sales of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,990

2,995

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of restricted investment in bank stock

0

66

450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from calls of restricted investment of bank stock

67

523

77

-

75

76

75

-

210

300

74

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from calls of restricted investment of bank stock

-

-

-

-

-

-

-

-

-

-

-

298

300

72

73

71

73

96

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

-

-

-

-

-

-

-

0

0

-2

178

-

-

-

-

-

-

-

-

151

1

208

730

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans

15,814

8,719

7,709

21,798

3,874

17,512

3,129

27,633

17,601

-8,691

24,447

398

6,350

2,747

7,475

19,897

-26,410

1,196

16,517

46,367

50,838

35,768

31,256

-959

2,237

26,802

9,799

17,936

15,655

16,152

21,426

12,314

18,537

5,995

26,603

Purchases of premises and equipment

47

89

86

208

246

98

60

135

196

202

364

735

718

1,176

1,033

532

167

119

161

110

78

45

46

206

238

163

116

75

45

118

273

207

221

225

53

NET CASH USED IN INVESTING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,002

-18,190

18,475

1,148

-8,949

-45,562

-49,606

-32,862

-23,683

-10,099

-6,500

-41,469

23,474

-25,327

-15,834

-21,483

-41,496

-29,511

-19,424

-15,465

-27,763

NET CASH USED IN INVESTING ACTIVITIES

-15,421

1,270

-7,614

-14,196

6,868

-17,242

-2,419

-23,720

-24,554

18,619

-22,180

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

37,906

19,025

6,274

-36,238

17,932

-3,988

-29,297

11,838

9,899

11,266

37,302

-7,251

20,078

12,858

-8,436

-6,252

6,986

20,969

30,062

43,308

28,457

11,647

12,242

25,130

-4,881

27,962

-10,626

23,261

20,641

23,840

31,830

34,603

31,655

12,175

19,309

Net (decrease) increase in borrowed funds

-1,322

-8,791

8,302

23,309

-1,685

18,321

-1,672

-1,665

-1,659

-6,653

-1,646

-6,640

-6,633

13,373

-1,621

-1,615

-1,608

-1,602

-1,596

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-1

379

376

374

380

374

375

374

322

323

321

321

321

318

318

312

1,563

312

312

312

-

-

-

-

Proceeds from the sale of common stock through the private placement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-17

9,297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

0

0

0

7

632

1,837

348

176

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES

36,584

10,237

14,576

-12,929

16,243

14,333

-30,962

10,112

10,075

4,961

35,832

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

22,297

13,633

8,049

-21,536

25,680

-689

-31,532

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

25,290

15,184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,431

-8,247

5,004

18,995

37,389

42,911

55,725

17,033

11,921

25,153

-4,929

27,644

-10,938

21,698

20,329

23,528

31,518

32,520

31,655

12,175

19,309

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,657

-25,150

24,838

22,603

29,838

-1,762

9,152

-14,040

-9,031

14,179

-9,133

-12,207

13,824

-1,417

5,904

3,550

-9,181

4,473

13,272

-1,509

-7,218

Supplemental information:
Cash paid during the year for:
Interest

3,673

3,378

2,880

2,744

2,352

2,128

1,935

1,759

1,937

1,897

1,883

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

400

500

417

330

315

337

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash Investing and Financing Activities:
Recognition of right of use asset

0

0

13,464

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of lease liability

0

0

13,791

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,900

2,021

2,133

2,002

1,927

1,770

1,672

1,511

1,535

3,085

0

1,532

1,525

3,096

0

1,505

1,404

1,269

1,176

1,072

1,058

Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

858

749

1,008

501

915

1,250

0

701

513

1,980

0

1,175

525

1,262

0

1,035

450

600

694

1,102

254

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

113

964

-

-

-

-

-

-

-

-

-

-

-

-