Bank of south carolina corp (BKSC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net income

7,318

6,922

4,901

5,247

4,884

4,398

4,076

3,666

3,189

3,110

1,869

Adjustments to reconcile net income net cash provided by operating activities:
Depreciation expense

230

195

193

189

196

200

192

206

209

231

-

Loss on disposal of premises, equipment, and leasehold improvements, net

-

-0

-

-

-

-

-

-1

0

-

-

Valuation and other adjustments to other real estate owned

-

23

86

-

-

-

-

-

-

-

-

Provision for loan losses

180

325

55

570

192

82

207

350

480

670

2,369

Stock-based compensation expense

78

72

71

76

78

74

74

72

64

50

47

Deferred income taxes

432

-217

276

-750

4

134

59

-183

-85

-

-483

Deferred income taxes

-

-

-

-

-

-

-

-

-

30

-

Net amortization of unearned discounts on investment securities available for sale

-247

-303

-381

-250

-109

-303

-516

-390

243

-28

45

Origination of mortgage loans held for sale

67,783

55,504

55,791

76,032

91,053

71,767

81,762

-

-

-

-101,332

Origination of mortgage loans held for sale

-

-

-

-

-

-

-

-108,699

-60,049

-83,127

-

Proceeds from sale of mortgage loans held for sale

63,920

56,398

58,084

77,466

92,558

69,182

95,503

97,798

58,379

80,652

101,363

Decrease (increase) in accrued interest receivable and other assets

-

-

-

-

-391

274

-36

502

536

-1,258

-1,088

Decrease (increase) in accrued interest receivable and other assets

221

-472

78

63

-

-

-

-

-

-

-

Increase in accrued interest payable and other liabilities

91

295

46

-543

-

-

-

-

-

-

-

Increase in accrued interest payable and other liabilities

-

-

-

-

176

153

-74

-12

-179

94

68

Net cash provided by operating activities

4,443

9,317

8,181

6,042

7,115

2,172

18,758

-5,907

2,239

497

2,897

Cash flows from investing activities:
Proceeds from calls and maturities of investment securities available for sale

-

-

-

9,630

-

-

-

-

-

-

-

Proceeds from calls and maturities of investment securities available for sale

-

-

-

-

2,315

1,920

-

-

-

-

-

Proceeds from sale of investment securities available for sale

-

-

-

36,218

16,564

37,159

-

-

-

-

-

Proceeds from calls and maturities of investment securities available for sale

9,356

6,932

4,713

-

-

-

2,325

3,745

9,605

6,420

2,603

Gain on sale of investment securities

-

-

-

380

423

312

-

-

-

-

-

Gain on sale of securities

-

-

-

-

-

-

-

0

124

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

217

Gain on sale of securities

-

-

-

-

-

-

-

-

-

0

-

Gain on sales of securities, net

50

4

45

-

-

-

-

-

-

-

-180

Loss on sale of other real estate owned

-

-33

-1

-13

-

2

-

0

-63

-13

0

Proceeds from sale of other real estate

-

-

-

-

-

-

-

-

-

-

0

Maturities of investment securities available for sale

-

-

-

-

-

-

-

-

-

-

10,338

Net increase in loans

-

-

-

-

8,712

16,394

1,539

3,443

5,995

-5,839

34,581

Proceeds from sale of investment securities available for sale

30,412

21,434

20,231

-

-

-

-

0

18,140

0

-

Proceeds from sale of other real estate

-

-

-

-

-

-

-

0

-

-

-

Purchase of investment securities available for sale

17,886

9,978

44,944

48,239

25,389

57,959

40,950

2,801

45,238

9,807

11,959

Proceeds from sale of other real estate owned

-

378

89

85

-

37

-

-

596

169

-

Net decrease (increase) in loans

-201

4,469

9,726

-

-

-

-

-

-

-

-

Net (increase) decrease in loans

-

-

-

18,089

-

-

-

-

-

-

-

Loss on disposal of fixed assets

-

-

-

-

-

-

-

-

-

0

-

Purchase of premises, equipment, and leasehold improvements, net

2,185

287

141

196

133

97

160

83

384

152

309

Net cash provided by investing activities

19,898

14,011

-29,777

-20,591

-15,356

-35,335

-40,326

-2,581

-23,276

2,470

-33,907

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

-3,186

-20,509

30,365

13,804

36,299

17,176

14,168

-10,053

50,690

20,599

15,051

Dividends paid

4,031

3,699

2,832

2,613

-

-

-

-

-

-

-

Net decrease increase in short-term borrowings

-

-

-

-

-6,980

6,980

-

-

-

-7,239

7,006

Net increase in short term borrowings

-

-

-

-

-

-

-

0

-

-

-

Net decrease in short-term borrowings

-

-

-

-

-

-

-

-

-767

-

-

Dividends paid

-

-

-

-

2,380

2,765

1,647

2,489

1,376

1,688

1,912

Cash paid for fractional shares

-

-

-

-

-

-

-

-

-

2

0

Stock options exercised

138

193

340

405

122

26

128

11

123

210

235

Cash in lieu of fractional shares

-

-

-

-

4

0

-

-

-

-

-

Net cash provided by (used in) financing activities

-7,079

-24,016

27,873

11,596

27,057

21,417

12,649

-12,532

48,669

11,880

20,380

Net increase (decrease) in cash and cash equivalents

17,262

-687

6,277

-2,952

18,815

-11,745

-8,917

-21,021

27,632

14,848

-10,630

Supplemental disclosure of cash flow data:
Cash paid during the period for:
Interest

940

626

379

400

419

-

-

-

-

-

-

Interest

-

-

-

-

-

429

410

534

899

1,126

1,331

Income taxes

1,761

1,169

2,496

2,320

2,196

1,819

1,892

1,717

1,510

1,238

1,174

Supplemental disclosures for non-cash investing and financing activity:
Change in unrealized gain on securities available for sale, net of income taxes

2,260

-705

-276

-1,599

-

-

-

-

-

-

-

Change in unrealized loss on securities available for sale, net of income taxes

-

-

-

-

-250

287

-1,244

186

1,763

-529

-3

Real estate acquired through foreclosure

-

-

-

-

-

-

-

-

-

741

0

Change in dividends payable

58

85

53

54

59

0

579

-488

488

0

-

Transfer of loans to other real estate owned

-

-

90

-

186

521

-

-

-

-

-

Right of use assets obtained in exchange for lease obligations

13,519

-

-

-

-

-

-

-

-

-

-

Change in right of use assets and lease liabilities

309

-

-

-

-

-

-

-

-

-

-