Bryn Mawr Bank Corp BMTC Cash Flow

Bryn mawr bank corp (BMTC)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Operating activities:
Net (loss) income attributable to Bryn Mawr Bank Corporation
59,206	63,792	23,016	36,036	16,754	27,843	24,444	21,147	19,602	9,046	10,337
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Provision for credit losses on loans and leases
8,507	7,193	2,618	4,326	4,396	884	3,575	4,003	6,088	9,854	6,884
Depreciation of fixed assets
7,801	6,610	5,551	5,630	4,925	3,486	2,833	-	-	-	-
Amortization of operating lease right-of-use assets
3,647	-	-	-	-	-	-	-	-	-	-
Loss on disposal of premises and equipment
-69	-1,627	0	0	-	-	-	-	-	-	-
Net amortization of investment premiums and discounts
-2,800	-3,044	-2,990	3,200	3,280	2,299	4,003	6,713	5,688	3,877	3,106
Net gain on sale of investment securities available for sale
0	7	101	-77	931	471	-8	1,415	1,783	2,472	1,923
Net loss on settltment of pension plan
-	-	-	-	-17,377	0	-	-	-	-	-
Gain on trading securities
-	-	-	-	-	-	-	-	-	-	255
Net gain on sale of loans
2,342	3,283	2,441	3,048	2,847	1,772	4,117	6,735	2,517	4,718	6,012
Stock based compensation
3,725	2,750	2,068	1,713	1,441	1,256	1,004	1,283	876	539	386
Amortization and net impairment of mortgage servicing rights
597	830	744	880	661	532	743	1,129	1,535	953	716
Net accretion of fair value adjustments
-6,088	-9,883	-2,376	-3,776	-4,942	-2,757	-3,490	-1,892	-2,037	-2,149	-
Amortization of intangible assets
3,801	3,656	2,734	3,500	3,827	2,659	2,633	2,411	1,490	484	308
Net (gain) loss on sale of OREO
475	-532	788	-79	-874	-2,822	-1,253	-297	-3,834	-4,783	840
Impairment of intangible assets
-	-	-	-	387	0	-	-	-	-	-
Impairment of other real estate owned (OREO) and other repossessed assets
0	89	208	94	90	0	-	-	251	381	-
Gains (Losses) on Sales of Other Real Estate
-84	295	-104	-76	123	175	-300	-86	-97	-114	6
Net increase in cash surrender value of bank owned life insurance ("BOLI")
1,235	1,177	838	908	782	315	358	428	462	266	-
Loans originated for sale
90,865	86,323	125,482	161,597	141,578	58,173	126,920	206,637	78,212	157,607	272,964
Proceeds from loans sold
93,459	91,353	132,639	162,762	138,964	56,866	132,097	209,969	83,328	159,784	276,423
Contributions to pension plans
-	-	-	-	-	-	-	-	10,000	-	-
Purchase of trading securities
-	-	-	-	-	-	-	-	-	-	5,076
Proceeds from sale of trading securities
-	-	-	-	-	-	-	-	-	-	5,331
Provision for deferred income taxes
1,539	9,839	20,418	1,676	-2,834	2,350	1,195	-505	3,310	-304	-57
Settlement of pension liability acquired in RBPI Merger
0	0	15,233	0	0	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	783	831	708	-	-	-	-
Change in income taxes payable/receivable, net
5,897	415	-7,917	4,340	-529	808	1,551	3,437	-3,270	687	892
Change in accrued interest receivable
-103	-1,661	3,178	664	215	-168	-227	-355	-409	445	256
Change in accrued interest payable
-404	3,125	-2,023	883	516	199	-392	-575	-1,701	-544	-2,382
Change in operating lease liabilities
-3,525	-	-	-	-	-	-	-	-	-	-
Change in other assets
33,018	19,222	3,471	-865	-	-	-	-	-	-	-
Change in other liabilities
40,098	2,909	3,690	-1,914	-	-	-	-	-	-	-
Net cash provided by operating activities
93,381	79,235	32,932	54,228	37,928	37,678	39,881	32,643	26,526	21,997	14,612
Investing activities:
Purchases of investment securities available for sale
719,700	338,421	445,294	350,669	176,034	45,199	97,517	223,019	216,948	336,068	203,016
Purchases of investment securities held to maturity
4,868	1,328	5,189	2,928	0	0	-	-	-	-	-
Proceeds from maturity and paydowns of investment securities available for sale
293,987	278,895	283,545	65,176	66,209	40,801	62,643	48,576	36,532	18,836	31,152
Proceeds from maturity and paydowns of investment securities held to maturity
891	532	108	34	0	0	-	-	-	-	-
Proceeds from sale of investment securities available for sale
0	7	130,858	276	64,851	24,394	14,942	40,640	89,661	88,017	62,905
Net change in FHLB stock
9,214	5,553	2,778	4,363	-3,562	-131	893	-827	-	-	-
Proceeds from calls of investment securities
167,290	810	25,682	60,840	104,240	37,750	40,287	89,992	137,410	212,600	18,390
Proceeds from sales of other investments
-	-	-	664	0	342	-	-	-	-	-
Net change in other investments
157	4,056	-2,059	-264	4,184	789	91	239	619	-2	190
Purchase of customer relationships
-	-	-	-	0	-	-	-	-	-	-
Purchase of portfolio loans and leases
0	14,974	0	0	-	-	-	-	-	-	-
Net portfolio loan and lease originations
-264,822	-127,589	-180,869	-266,331	194,066	105,918	148,102	28,082	101,900	49,585	-5,106
Proceeds from BOLI repayment
-	-	-	-	-	-	-	-	-	-	15,585
Purchases of premises and equipment
7,187	19,426	8,304	2,207	7,611	5,455	3,571	4,048	2,612	2,084	2,090
Purchases of BOLI
-	-	-	-	5,000	0	-	-	-	-	-
Acquisitions, net of cash acquired
0	380	-12,301	0	-16,129	4,125	-	15,951	13,367	-44,763	-
Capitalized costs to OREO
-	-	-	-	-	-	485	61	-	44	147
Proceeds from sale of OREO
418	525	1,048	1,806	1,215	1,646	1,089	567	2,793	1,371	1,068
Net cash provided by investing activities
-543,380	-220,218	-186,984	-497,438	-130,689	-56,422	-131,698	-90,798	-69,050	-22,192	-71,432
Financing activities:
Change in deposits
243,836	226,598	201,015	327,169	83,784	96,704	-42,986	182,368	41,482	83,341	68,397
Change in short-term borrowings
240,852	14,502	18,714	109,995	-38,128	12,933	1,488	-3,460	2,812	-3,036	-
Dividends paid
20,685	19,289	14,799	13,961	13,837	10,189	9,297	8,529	7,679	5,916	4,892
Change in long-term FHLB advances and other borrowings
3,240	83,872	110,049	65,000	-24,883	54,623	44,479	13,962	-11,797	-91,028	10,113
Payment of contingent consideration for business combinations
875	660	642	627	542	0	2,100	1,050	-	-	-
Repayment of junior subordinated debentures
-	-	-	-	-	-	-	-	-12,028	-	-
Net proceeds from issuance of subordinated notes
0	0	68,829	0	29,456	0	-	22,500	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	783	831	708	112	141	60	66
Cash payments to taxing authorities on employees' behalf from shares withheld from stock-based compensation
625	1,639	1,140	745	0	0	-	-	-	-	-
Net (purchase of) proceeds from sale of treasury stock for deferred compensation plans
172	-2	115	133	-	-	764	317	-	-	-
Net sale of treasury stock for deferred compensation plans
-	-	-	-	-128	79	-	-	-	-	-
Repurchase of warrants from U.S. Treasury
0	1,755	0	0	-	-	-	-	-	-	-
Net purchase of treasury stock through publicly announced plans
4,524	5,936	0	7,971	26,418	947	-	-	42	35	42
Increase in subordinated debentures
-	-	-	-	-	-	-	-	-	-	-7,500
Proceeds from issuance of common stock
-	-	-	-	20	72	176	2,118	8,325	26,688	3,660
Proceeds from exercise of stock options
907	1,464	1,498	2,181	6,452	2,836	3,970	1,363	966	288	514
Net cash used in financing activities
455,474	129,415	163,311	350,908	16,559	156,942	-2,798	164,701	22,180	10,362	67,152
Change in cash and cash equivalents
5,475	-11,568	9,259	-92,302	-76,202	138,198	-94,615	106,546	-20,344	10,167	10,332
Supplemental cash flow information:
Income taxes
12,716	3,449	21,632	12,261	11,703	11,831	9,775	8,092	9,213	3,627	4,650
Interest
46,152	28,453	13,639	9,872	7,604	5,879	-	8,947	13,362	11,340	18,481
Non-cash information:
Change in other comprehensive income
9,700	-3,099	-1,223	-1,997	11,292	-9,446	6,943	1,980	-7,090	240	1,664
Change in deferred tax due to change in comprehensive income
2,578	-823	-659	-1,074	6,068	-3,306	2,430	693	2,482	84	582
Interest
-	-	-	-	-	-	5,819	255	-	-	7,996
Transfer of loans to OREO and repossessed assets
72	372	342	546	2,283	1,763	853	949	1,163	3,124	1,940
Issuance of shares, warrants and options for acquisitions
0	0	138,509	0	123,734	0	-	-	-	-	-
Acquisition of noncash assets and liabilities:
Assets acquired
0	1,096	849,610	0	727,908	10,005	-	90,853	20,339	438,989	-
Liabilities assumed
0	687	724,085	0	620,303	5,880	-	74,902	-	458,736	-
Customer relationships
Amortization of intangible assets
1,805	1,711	-	-	-	-	-	-	-	-	-
Purchase of intangible assets
18	366	0	0	-	-	-	-	-	-	-
Domain name
Purchase of intangible assets
0	0	151	0	-	-	-	-	-	-	-