Bank of Marin Bancorp BMRC Cash Flow

Bank of marin bancorp (BMRC)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows from Operating Activities:
Net Income (Loss) Attributable to Parent
33,990	34,241	34,824	34,056	33,712	32,622	24,070	20,522	17,817	15,976	20,553	22,385	22,036	23,134	22,372	20,181	19,630	18,441	18,208	18,813	19,695	19,771	17,424	16,050	13,937	14,270	16,627	15,847	17,743	17,817	16,498	17,507	15,995	15,564	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for Loan and Lease Losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	750	900	420	920	540	1,090	3,670	2,670	2,900	4,700	3,100	6,000	7,050	0	0	0
Provision For (Reversal Of) Losses On Off-Balance Sheet Commitments
102	129	129	129	129	0	0	100	-108	57	57	-43	315	150	-127	197	-62	-263	350	39	133	334	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Noncash contribution expense to employee stock ownership plan
1,256	1,245	1,210	1,197	1,486	1,173	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash director compensation expense
301	301	234	232	235	227	246	237	191	197	204	189	182	180	213	233	271	274	307	275	286	270	219	238	218	215	220	219	214	209	205	190	195	200	0	0	0
Stock-based compensation expense
1,289	1,512	1,493	1,554	1,746	1,664	1,628	1,675	1,664	1,271	1,332	1,217	1,149	985	869	806	758	636	587	525	439	446	430	421	410	403	410	413	414	408	392	379	370	377	0	0	0
Excess tax benefits from exercised stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	192	97	118	114	97	97	96	75	59	55	29	43	62	71	99	0	0	0
Amortization of core deposit intangible
878	887	895	904	913	921	866	753	641	529	487	502	518	533	555	577	597	619	657	694	733	771	647	455	262	69	0	0	0	-	-	-	-	-	-	-	-
Amortization of investment security (discounts) premiums, net
-1,055	-1,633	-1,805	-2,123	-2,418	-2,695	-2,880	-2,912	-2,912	-2,912	-3,123	-3,242	-3,232	-3,212	-3,080	-3,074	-2,997	-2,825	-2,815	-2,676	-2,669	-2,759	-2,585	-2,628	-2,845	-3,004	-3,114	-3,077	-2,795	-2,332	-2,020	-1,540	-1,398	-1,385	0	0	0
Amortization of acquired loan premiums (discounts), net
241	353	484	533	697	807	727	832	873	902	955	1,441	1,587	1,775	1,840	1,639	1,821	1,883	2,164	2,572	2,886	3,906	4,045	3,492	3,013	1,871	1,602	1,717	2,085	2,430	2,845	3,566	3,664	4,275	0	0	0
Accretion of discount on subordinated debenture
68	68	984	996	1,009	1,025	128	136	144	153	163	173	183	191	197	202	207	210	212	214	215	216	181	127	73	19	0	0	0	-	-	-	-	-	-	-	-
Net change in deferred loan origination costs/fees
524	348	276	-19	-244	-183	-94	-23	120	-65	-99	-131	-114	-114	-193	-56	42	281	455	492	546	463	513	384	541	793	598	874	872	831	906	917	985	1,200	0	0	0
Bargain purchase gain on acquisition, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85	0	0	0
Gain on sale of other real estate owned
-	-	-	-	-	-	-	-	-	6	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	43	43	-6	-7	-14	32	43	7	10	0	0	0
Debt and Equity Securities, Gain (Loss)
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain on sale) write-down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	40	40	40	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	425	393	465	181	79	80	12	109	93	127	88	-9	-1	-103	-68	-72	-34	34	34	38	0	0	0	0
Depreciation and amortization
-	-	-	-	-	2,100	2,133	2,090	2,007	1,941	1,912	1,872	1,850	1,822	1,799	1,791	2,000	1,968	1,895	1,837	1,590	1,585	1,565	1,525	1,475	1,395	1,366	1,362	1,350	1,355	1,363	1,353	1,326	1,293	0	0	0
Bank Owned Life Insurance Income
1,535	1,200	1,198	630	625	913	902	884	864	845	846	853	852	844	830	818	812	814	819	823	831	841	820	791	766	954	956	969	975	762	768	770	771	752	0	0	0
Net change in operating assets and liabilities:
Interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-38	173	-202	143	980	641	332	694	-240	161	415	435	631	423	282	431	0	0	0
Interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-9	-12	-40	16	13	4	28	-46	-53	-68	-156	-128	-181	-191	-33	0	0	0
Deferred rent and other rent-related expenses
-	-	-	-	-	-	-	-	-	-12	71	122	-58	-254	-333	-352	-44	-4	37	177	73	160	453	363	386	338	124	288	317	331	288	161	171	236	0	0	0
Interest receivable and other assets
1,677	329	-656	-1,536	-5,128	-1,148	-2,080	1,342	3,922	278	1,360	1,765	186	-581	-779	-1,282	-1,745	-347	-1,790	-1,990	-969	184	-2,531	-2,433	-1,802	-299	2,519	2,967	1,640	-555	13	-45	-123	-1,051	0	0	0
Interest payable and other liabilities
526	70	143	-2,593	-3,543	902	142	2,788	4,997	1,035	440	3,322	70	-324	1,547	-622	82	1,142	-1,402	-1,525	-573	-2,430	186	1,078	1,547	4,959	4,075	2,577	-558	-474	-790	590	1,948	1,268	0	0	0
Total adjustments
5,939	6,692	7,200	6,192	9,725	9,485	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	3,699	2,277	6,440	6,817	0	0	0
Net cash provided by operating activities
39,929	40,933	42,024	40,248	43,437	42,107	37,787	33,501	29,178	26,947	25,575	27,164	24,816	25,446	26,907	25,052	25,394	23,682	21,860	21,499	22,603	18,857	20,648	20,317	19,212	21,201	21,419	20,622	18,806	20,806	20,197	19,784	22,435	22,381	0	0	0
Cash Flows from Investing Activities:
Proceeds from sale of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	0	0	0
Purchase of held-to-maturity securities
-	-	-	-	-	1,988	1,989	1,990	3,495	4,497	4,496	4,496	5,415	2,424	2,424	2,424	0	2,375	2,375	2,375	2,375	0	0	0	0	-	-	-	-	87,290	61,877	51,765	42,176	26,804	0	0	0
Purchase of available-for-sale securities
154,554	110,934	80,148	125,886	137,462	235,873	242,153	230,558	222,769	118,666	74,072	150,835	163,328	161,374	235,821	230,352	279,287	287,144	191,608	85,042	19,827	18,206	102,725	96,244	96,244	86,372	17,726	20,695	58,991	73,405	57,214	68,859	100,672	92,686	0	0	0
Proceeds from Sale of Debt Securities, Available-for-sale
89,294	66,081	66,081	78,047	21,201	16,972	0	0	0	-	-	-	-	68,673	69,213	69,213	55,525	2,099	1,560	1,972	1,972	2,436	8,188	8,914	8,914	7,973	2,220	1,082	1,087	2,186	2,186	2,186	2,181	0	0	0	0
Proceeds from sale of held-to-maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,146	8,588	8,588	7,167	6,442	0	0	0	-	-	-	-	-	-	-	-
Proceeds from paydowns/maturities of held-to-maturity securities
24,946	23,005	21,680	21,433	23,250	22,891	19,928	21,347	26,249	26,333	22,981	27,137	23,543	25,779	41,802	36,701	42,375	47,181	32,584	29,625	24,158	16,793	15,493	12,911	12,248	8,570	9,205	11,165	5,458	6,458	5,568	3,598	-10,552	1,755	0	0	0
Proceeds from paydowns/maturities of available-for-sale securities
76,697	86,044	81,456	75,027	76,361	57,662	57,350	57,714	51,537	48,559	55,817	95,478	105,715	129,669	120,851	93,601	90,254	64,839	68,017	43,601	45,075	46,371	40,689	39,180	35,182	36,332	39,199	49,330	48,714	51,899	67,057	71,353	81,015	68,251	0	0	0
Loans originated and principal collected, net
87,110	77,827	102,018	123,667	69,410	84,598	44,236	22,909	55,328	57,181	6,358	22,446	51,701	32,005	76,803	115,937	95,451	88,123	441	-612	62,973	88,872	131,490	108,973	28,900	23,087	5,493	17,585	46,900	43,169	29,584	14,476	48,722	25,182	0	0	0
Purchase of bank-owned life insurance policies
2,046	2,997	1,892	1,892	1,892	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	364	364	364	364	2,500	0	0	0
Purchase of premises and equipment
621	542	711	705	742	907	906	1,066	1,369	1,434	1,531	1,615	1,280	1,040	876	768	1,061	1,418	2,159	2,218	2,406	2,334	1,692	1,440	950	958	1,333	1,481	1,545	1,221	856	1,269	1,876	2,472	0	0	0
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	414	170	170	170	0	0	0	0	-	-	-	-	-	-	-	-	270	270	59	58	41	263	244	443	421	0	0	0
Cash acquired from the Bank of Napa acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,042	0	0	0
Cash paid for low income housing tax credit investment
2,165	952	368	83	100	418	392	647	913	902	902	704	570	301	371	509	576	718	931	720	643	494	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-39,625	-20,754	19,260	1,369	-118,213	-225,303	-107,206	-127,537	-94,363	7,813	-57,098	-74,111	-64,087	24,318	-111,800	-143,124	-185,840	-263,278	-92,972	-13,671	-16,090	-42,652	-109,017	-84,720	-52,413	-36,948	-95,661	-90,922	-116,575	-144,865	-65,798	-80,545	-124,092	-34,938	0	0	0
Cash Flows from Financing Activities:
Net (decrease) increase in deposits
128,481	161,649	11,678	-35,683	-7,965	26,170	71,990	47,297	157,439	126,084	89,501	134,925	97,923	44,474	165,987	75,132	96,226	176,607	63,858	31,660	8,780	-35,483	38,122	133,360	103,763	92,787	33,603	-6,280	-14,090	50,317	82,348	91,811	157,281	93,152	0	0	0
Proceeds from stock options exercised
1,234	669	578	476	346	591	585	585	504	88	270	276	441	1,388	1,644	1,752	2,049	1,326	1,194	1,554	1,094	1,452	1,628	1,586	1,831	2,218	2,344	2,021	1,908	1,041	523	593	666	741	0	0	0
Payment of tax withholdings for stock options exercised and vesting of restricted stock
91	220	223	223	222	99	96	96	79	60	60	60	60	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock issued under employee and director stock purchase plans
89	78	6,999	7,000	6,995	7,000	-685	-700	-3	0	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	0	0	-	-	-	-
Stock repurchased, net of commissions
-16,369	-15,062	5,076	3,482	-2,229	-6,869	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	30	34	36	33	0	0	0
Repayment of Federal Home Loan Bank borrowings
0	7,000	0	0	0	-	0	0	0	-	-	-	-	67,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	20,000	20,000	40,000	40,000	33,500	0	0	0
Repayment of finance lease obligations
172	168	125	83	41	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid on common stock
11,455	10,958	10,548	9,921	9,475	8,860	8,212	7,762	7,256	6,896	6,753	6,494	6,360	6,223	6,027	5,814	5,601	5,390	5,241	5,110	4,920	4,733	4,466	4,263	4,119	3,970	3,899	3,883	3,814	3,751	3,691	3,577	3,518	3,457	0	0	0
Excess tax benefits from exercised stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	192	97	118	114	97	97	96	75	59	55	29	43	62	71	99	0	0	0
Net cash used in financing activities
104,331	128,988	-21,516	-66,715	-32,932	13,872	63,013	39,985	151,370	119,981	83,717	129,415	72,663	-27,303	146,508	55,977	97,052	224,572	60,003	28,325	5,084	-38,611	35,435	113,608	93,404	91,171	32,162	4,154	-12,706	22,665	54,253	48,923	114,536	57,068	0	0	0
Net (decrease) increase in cash, cash equivalents and restricted cash
104,635	149,167	39,768	-25,098	-107,708	-169,324	-6,406	-54,051	86,185	154,741	52,194	82,468	33,392	22,461	61,615	-62,095	-63,394	-15,024	-11,109	36,153	11,597	-62,406	-52,934	49,205	60,203	75,424	-42,080	-66,146	-110,475	-101,394	8,652	-11,838	12,879	44,511	0	0	0
Supplemental disclosure of cash flow information:
Cash paid in interest
4,853	4,659	4,213	3,707	3,122	2,599	2,141	1,867	1,705	1,535	1,521	1,546	2,006	2,131	2,253	2,367	2,030	2,066	2,079	2,094	2,125	2,185	2,080	1,987	1,890	1,740	1,840	2,100	2,347	2,732	3,146	4,521	5,010	5,328	0	0	0
Cash paid in income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	13,365	11,560	10,893	9,543	9,068	10,953	11,880	11,320	11,290	8,290	6,030	7,285	9,239	10,769	11,374	13,122	11,421	10,551	11,046	9,209	9,159	0	0	0
Supplemental disclosure of noncash investing and financing activities:
Change in net unrealized gain or loss on available-for-sale securities
17,712	11,839	21,571	18,515	8,402	-1,707	-12,059	-7,265	-4,173	3,671	-3,560	-7,459	-7,191	-6,052	3,420	4,110	78	-1,426	4,000	63	2,842	2,963	-4,212	-327	-2,969	-4,702	-2,540	-1,206	417	786	0	0	0	-	-	-	-
Securities transferred from available-for-sale to held-to-maturity
-	-	-	-	-	-	-	-	-	129,000	128,965	128,965	128,965	0	0	0	0	-	-	-	-	14,297	14,297	14,297	14,297	0	0	0	0	-	-	-	-	-	-	-	-
Amortization Of Net Unrealized Loss On Available-For-Sale Securities Transferred To Held-To-Maturity
454	445	448	453	481	516	523	529	521	426	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	192	257	65	65	266	301	301	0	0	0
Right-of-use assets obtained in exchange for operating lease liabilities
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of deferred rent and unamortized lease incentives from other liabilities to operating lease right-of-use assets
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of available-for-sale security on account and unsettled
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Change in unrealized gain on available-for- sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Subscription in low income housing tax credit investment
-	-	-	-	-	3,000	0	0	0	-	-	-	0	-	-	-	-	1,023	1,023	1,023	1,023	1,000	1,000	1,000	2,000	1,000	0	0	0	-	-	-	-	-	-	-	-
Stock issued to employee stock ownership plan
-	1,245	1,210	1,197	1,486	1,173	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock issued in payment of director fees
0	-	0	0	0	-	53,201	53,194	53,194	53,185	-46	-55	-55	0	-41	-1	-1	0	275	271	271	236	236	215	215	222	222	209	209	199	199	200	400	200	0	0	0
Repurchase of stock not yet settled
-57	103	-28	275	303	143	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of assets acquired, excluding cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	107,763	0	0	0
Fair value of liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	107,678	0	0	0