Bank of south carolina corp (BKSC)
CashFlow / Quarterly
Mar'20Dec'19Sep'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

1,521

1,773

2,014

1,840

1,689

1,806

1,778

1,726

1,612

848

1,440

1,386

1,226

1,312

1,426

1,312

1,195

1,226

1,198

1,253

1,204

1,191

1,141

1,109

955

969

1,064

1,044

998

992

893

890

890

834

936

768

649

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

104

59

61

57

51

51

49

45

49

50

47

47

47

48

44

46

48

48

48

51

48

47

51

50

50

49

49

47

45

46

52

51

56

-

-

-

-

Provision for loan losses

-

25

10

135

10

95

100

75

55

2

20

30

2

175

210

140

45

110

7

70

5

20

12

20

30

12

25

95

75

70

80

80

120

120

120

120

120

Stock-based compensation expense

16

20

20

18

18

18

15

18

18

17

17

17

18

18

18

21

18

20

20

19

19

19

18

18

18

18

18

18

18

18

18

17

17

21

21

11

10

Deferred income taxes

-476

462

-7

-8

-13

-50

122

-236

-52

843

-13

-390

-163

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of unearned discounts on investment securities available for sale

-40

-47

-59

-67

-72

-75

-75

-75

-77

-87

-94

-100

-98

-27

-130

-47

-44

-35

-25

-22

-25

-46

-45

-75

-135

-150

-151

-108

-105

-103

-97

-284

95

97

84

87

-25

Origination of mortgage loans held for sale

23,150

19,276

21,367

14,837

12,302

12,059

14,379

15,475

13,589

12,371

10,851

18,461

14,107

18,272

21,347

20,715

15,696

16,276

25,771

30,078

18,927

-

-

-

-

-

-

-

-

-

-

-

-

-

16,329

10,171

12,315

Origination of mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14,695

-

-17,728

-28,412

-21,047

-34,902

-29,957

-21,090

-22,749

-

-

-

-

Proceeds from sale of mortgage loans held for sale

22,859

19,149

19,306

14,399

11,064

13,721

15,169

15,464

12,042

13,395

9,965

19,754

14,968

18,849

22,885

18,144

17,586

17,474

25,207

27,829

22,046

20,807

19,793

15,955

12,625

15,694

22,117

28,357

29,333

30,515

22,372

23,047

21,863

18,842

14,761

8,670

16,104

Decrease (increase) in accrued interest receivable and other assets

-76

-

-

-

528

-

-

-

-

-

-

-

-436

-

428

570

-277

-56

-125

-347

138

435

25

-25

-161

111

34

210

-392

321

187

-110

104

199

288

108

-59

Decrease (increase) in accrued interest receivable and other assets

-

-

-

-

-

-407

87

86

-238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accrued interest payable and other liabilities

377

-213

-295

112

487

-191

277

-223

431

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accrued interest payable and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

371

-

844

-491

391

-26

-24

-342

570

-204

-74

-115

549

-345

124

-308

454

44

81

-417

279

-233

-33

-65

153

Net cash provided by operating activities

1,369

1,784

38

2,069

550

3,874

3,155

1,407

879

2,248

1,105

1,927

2,899

844

3,685

-2,225

3,738

2,514

838

-1,257

5,019

357

-407

2,799

-577

2,148

5,856

1,161

9,592

-2,974

-6,172

2,752

487

-1,518

-333

-633

4,725

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

-

-

-

-

-

-

-

-

4,950

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from calls and maturities of investment securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

1,212

-

582

2,146

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities available for sale

-

-

-

-

-

-

-

-

11,970

-

-

-

0

10,104

5,000

5,483

15,629

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from calls and maturities of investment securities available for sale

8,754

1,933

1,680

2,293

3,450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

745

1,400

-

165

130

1,625

0

160

125

2,040

-

-

-

-

0

445

3,000

6,160

Gain on sale of investment securities

-

-

-

-

-

-

-

-

4

-

-

-

0

-65

97

160

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153

111

-

0

138

84

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52

20

86

Loss on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-13

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of investment securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155

3,135

455

-

-

-

-

Net increase in loans

4,292

-

-

-

668

-

-

-

-

-

-

-

-5,135

-

-3,939

17,038

10,728

1,353

1,018

2,764

3,575

4,515

-881

3,841

8,918

-6,183

10,271

-1,700

-846

3,455

2,981

-1,717

-1,276

3,388

-2,026

7,628

-2,994

Proceeds from sale of investment securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,373

10,845

-

0

5,511

14,018

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investment securities available for sale

-

-

-

-

-

0

0

4,978

5,000

14,855

15,004

5,025

10,059

23,479

15,726

4,941

4,091

6,110

12,221

1,945

5,111

24,541

13,902

8,429

11,086

24,235

0

14,409

2,305

0

2,801

0

0

4,565

6,884

18,583

15,206

Proceeds from sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-0

0

85

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in loans

-

-

-

-

-

-

-

-

-2,082

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of premises, equipment, and leasehold improvements, net

78

691

1,030

396

66

72

85

79

49

42

29

54

14

127

44

0

24

39

8

0

85

-0

9

70

17

50

22

38

48

16

30

17

19

18,525

-6,052

-12,144

56

Net cash provided by investing activities

4,382

-1,655

10,732

8,106

2,714

236

4,373

-4,552

13,953

-15,537

-3,263

-7,249

-3,727

-2,860

-6,249

-14,350

2,869

-6,160

-13,078

408

3,472

-11,426

-12,828

-6,700

-4,379

-18,101

-10,134

-12,622

531

-3,471

-5,658

4,836

1,711

-7,454

1,425

-11,140

-6,108

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

53,189

-8,012

3,394

8,431

-7,000

-662

701

-8,345

-12,202

16,341

254

327

13,441

7,116

-16,815

20,552

2,950

14,966

13,806

-3,007

10,535

-6,856

7,422

21,974

-5,364

6,742

-6,487

12,009

1,904

18,128

-4,484

-32,841

9,143

-39,235

73,001

-812

17,736

Dividends paid

884

1,437

884

882

826

1,377

825

748

748

747

695

695

693

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease increase in short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-481

0

-3,499

-2,999

-

-

-

-

-

-

-

-

-

-

-

-

-

113

-10

-353

Net decrease in short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

642

639

639

639

580

579

579

1,026

579

579

579

-

-

-

-

1,022

489

488

488

488

444

443

0

Stock options exercised

4

0

37

49

51

0

91

83

18

46

139

41

113

72

73

248

12

9

0

113

0

0

0

0

26

40

26

39

22

0

0

10

0

0

5

102

14

Net cash provided by (used in) financing activities

52,309

-9,450

2,548

7,598

-7,775

-2,040

-32

-9,010

-12,932

15,640

-301

-325

12,861

6,495

-17,385

20,161

2,323

13,855

13,220

-6,974

6,955

-10,582

16,523

21,394

-5,918

6,202

-6,996

11,515

1,927

17,106

-4,974

-33,319

8,654

-40,242

72,676

-1,162

17,398

Net increase (decrease) in cash and cash equivalents

58,061

-

-

-

-4,510

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

2,071

7,496

-12,156

1,900

2,351

-2,458

-5,648

12,033

4,479

-19,949

3,586

8,931

10,209

980

-7,822

15,448

-21,651

3,287

17,493

-10,874

-9,750

-11,273

54

12,051

10,659

-16,805

-25,729

10,854

-49,214

73,767

-12,936

16,015

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

96

121

230

243

345

234

181

123

87

13

110

163

91

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

89

100

-

111

102

98

100

113

100

115

105

107

96

101

108

139

146

140

171

213

298

216

Income taxes

-

-

-

-

-

-

-

-

-

440

543

632

879

-

-

-

-

564

659

972

0

587

571

661

0

485

912

444

50

435

716

506

60

656

690

25

139

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

-601

4,581

-290

-1,038

-991

-2,575

432

2,485

-1,047

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

369

-

-282

247

591

-463

502

-901

611

196

-81

52

119

-142

-523

-414

-162

-217

144

419

-160

151

739

483

388

Change in dividends payable

0

-552

553

1

56

-550

552

82

1

-0

51

0

1

1

50

3

0

0

58

0

0

-446

446

0

0

0

44

0

533

-489

0

0

0

0

44

1

443

Right of use assets obtained in exchange for lease obligations

-

0

6,184

0

7,334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in right of use assets and lease liabilities

117

-

-77

-172

57

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-