SIERRA BANCORP BSRR Cash Flow

Sierra bancorp (BSRR)

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
34,873	35,961	34,580	32,699	31,862	29,677	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	18,082	-	17,413	17,894	18,365	18,067	16,358	15,499	15,179	15,240	15,456	15,273	14,834	13,369	11,597	9,865	8,640	8,185	7,628	8,519	8,130	7,780	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
(Gain) loss on investment of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	667	287	287	104	6	1,607	1,697	1,698	1,762	0	0	0	-	-	-	-
Loss (gain) on sales of securities
-	-198	0	0	0	-	-	-	492	500	0	0	0	-	-	-	-	666	431	323	16	3	40	64	96	129	136	157	169	183	185	180	146	139	0	0	0
Loss on disposal of fixed assets
-	-28	-31	-31	-28	-16	-83	-147	-133	-136	-68	-2	-5	-2	124	115	54	62	-57	-51	12	4	0	0	0	-	-	-	-	-	-	-	-	-25	0	0	0
Gain on sale of foreclosed assets
89	107	797	747	1,439	1,423	777	757	43	56	145	143	97	130	90	180	217	259	1,888	1,862	1,991	2,253	876	515	615	-223	-723	-956	-1,226	-864	-591	-332	-595	-451	0	0	0
Writedowns of foreclosed assets
-	77	321	332	349	439	215	196	107	95	250	263	426	450	303	310	171	221	359	402	540	452	321	765	727	730	2,258	1,966	2,409	3,173	4,138	4,274	4,577	4,184	0	0	0
Share-based compensation expense
468	490	478	466	448	373	291	209	129	476	467	460	454	188	182	186	185	35	157	166	176	181	107	151	187	268	522	515	513	487	477	464	463	460	0	0	0
Provision (benefit) for loan losses
4,050	2,550	3,450	4,550	4,450	4,350	1,510	-940	-940	-1,140	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
3,005	2,988	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net amortization on securities premiums and discounts
4,469	4,449	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	3,096	-	2,881	2,837	2,705	2,584	2,458	2,362	2,309	2,272	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,628	2,636	2,695	0	0	0
Net amortization on securities premiums and discounts
-	-	-	-	-	-	-	-	6,414	-	7,005	7,251	7,305	7,130	6,923	6,860	6,923	6,932	6,899	6,706	6,585	6,607	6,661	7,125	7,695	8,177	8,727	8,818	8,676	8,500	8,057	7,233	6,535	5,874	0	0	0
Accretion of discounts for loans acquired and net deferred loan fees
-982	-1,023	-991	-1,241	-1,557	-1,647	-2,035	-1,745	-1,442	-1,384	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	6,450	10,350	13,060	14,210	13,010	11,310	11,150	12,000	0	0	0
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
(Accretion) amortization of discounts/premiums for loans acquired and deferred loan fees/costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	317	731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of life insurance policies
1,322	2,184	1,141	992	1,287	591	1,519	1,157	1,392	1,640	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in unearned net loan fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-440	-318	-69	-366	321	292	437	535	522	716	502	509	0	0	0
(Increase) decrease in cash surrender value of life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,029	1,290	1,149	1,417	1,709	422	274	350	-4,574	1,088	1,184	934	0	0	0
Proceeds from sales of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	1,905	3,279	4,310	5,459	6,136	6,525	7,224	8,191	9,487	9,439	8,280	7,210	0	0	0
Originations of loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,225	5,649	6,390	7,081	6,864	12,412	11,432	9,964	7,511	0	0	0
Amortization of core deposit intangible
1,074	1,074	1,074	1,073	1,059	1,020	940	779	631	508	491	407	345	272	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in interest receivable and other assets
7,554	9,224	13,719	6,299	8,942	6,106	-15,724	-13,289	-12,809	-10,402	20,343	7,338	5,905	3,442	-9,070	-828	-4,953	-1,085	-7,795	-4,048	-5,139	-5,873	-1,029	-655	-723	-2,225	-4,406	-4,565	-1,885	-610	-315	-275	-1,420	-2,354	0	0	0
Increase (decrease) in other liabilities
2,850	9,662	-1,935	-1,520	2,076	-5,420	-785	-2,050	98	4,100	8,362	3,523	4,974	-621	-3,507	-2,561	3,095	758	-3,033	89	-3,522	3,453	2,109	4,871	2,834	1,514	1,628	1,185	1,564	1,646	2,234	1,855	-184	666	0	0	0
Net (increase) decrease in FHLB stock, at cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-670	0	0	0	-	-	-	-
Net Decrease in FHLB Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Deferred income tax benefit
-213	-97	485	627	647	-308	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	2,846	3,185	2,421	2,360	-504	-644	-559	-564	-458	-787	-879	-881	0	0	0
Deferred income tax benefit
-	-	-	-	-	-	-	-	-	-	8,447	6,290	6,534	6,113	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net amortization of partnership investment
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax benefit from equity based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in equity securities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net amortization of partnership investment
1,835	2,127	3,031	2,715	2,670	2,625	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from equity based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	27	177	332	280	262	115	46	48	152	155	144	109	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	18,661	-	36,650	26,795	36,534	28,696	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
42,062	46,737	30,903	38,008	37,375	30,446	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	34,965	37,915	37,756	38,697	39,910	32,932	31,719	34,647	0	0	0
Cash flows from investing activities:
Maturities of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Maturities and calls of securities available for sale
11,089	9,809	14,910	11,879	10,680	9,730	0	0	0	-	-	-	-	-	-	-	320	580	1,205	1,460	1,460	1,620	1,320	1,735	2,034	1,724	1,439	1,424	1,125	1,120	0	0	0	-	-	-	-
Proceeds from sales of securities available for sale
-	60,510	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales/calls of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	49,898	39,568	39,176	22,658	22,542	39,831	42,805	42,780	45,101	29,452	11,736	12,124	7,373	4,135	55,911	57,997	60,916	63,776	4,761	19,234	32,553	46,872	0	0	0
Purchases of securities available for sale
188,984	190,168	154,518	133,149	120,537	122,818	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	159,513	-	141,894	139,321	130,762	136,459	136,989	139,902	152,986	150,515	151,324	160,711	155,144	160,251	171,573	154,519	159,003	150,305	150,355	174,553	181,660	205,500	0	0	0
Principal paydowns on securities available for sale
94,314	92,766	88,356	88,419	90,015	92,494	96,077	96,668	97,357	100,161	101,804	103,501	102,771	99,181	94,903	92,673	92,352	91,193	89,133	85,224	80,346	77,442	76,019	79,707	88,064	95,772	105,614	108,500	106,754	104,752	0	0	0	-	-	-	-
Loan originations and payments, net
48,108	32,376	111,894	163,867	168,884	183,737	164,006	105,463	137,417	76,129	55,658	49,483	47,883	36,761	110,576	84,566	30,712	164,266	110,986	122,048	169,507	108,336	78,297	89,025	19,504	-64,868	-22,566	19,783	114,054	163,789	129,364	76,112	-2,527	-24,661	0	0	0
Purchases of premises and equipment, net
2,412	783	901	1,169	2,798	3,123	3,406	3,505	1,750	2,141	1,159	2,605	3,366	3,586	4,410	2,759	3,131	2,530	2,356	2,612	1,535	2,379	2,551	1,880	1,839	667	482	1,156	2,889	3,411	5,108	4,481	2,362	2,734	0	0	0
Proceeds from sales of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	257	59	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale premises and equipment
-	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of foreclosed assets
67	7,955	17,156	17,218	21,108	13,188	4,331	4,269	414	443	668	921	1,248	1,551	1,361	1,581	1,402	1,833	3,887	3,719	6,278	6,854	6,328	8,593	12,637	15,023	14,756	15,515	17,251	15,538	16,429	14,347	6,761	7,212	0	0	0
Purchase of bank owned life insurance
390	440	436	419	393	454	463	782	512	455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash from bank acquisition
-	-	-	-	-	6	-61,565	-61,565	-61,565	-61,571	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-40,517	-	-113,134	-109,578	-48,236	-170,263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-89,991	-53,290	-128,783	-152,631	-148,757	-188,188	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	28,231	7,978	-89,900	-132,319	-114,241	-96,376	-42,036	-51,343	0	0	0
Cash flows from financing activities:
Increase in deposits
18,643	52,034	90,154	91,176	124,118	127,954	68,863	38,454	58,598	35,304	145,748	176,745	103,297	101,805	75,679	14,484	97,071	97,933	97,796	117,191	62,565	84,244	71,568	91,112	64,244	145	5,625	5,482	33,056	87,766	52,234	33,367	31,173	33,994	0	0	0
Increase (decrease) in borrowed funds
74,100	-36,100	26,100	8,500	-5,800	34,200	-18,800	-24,400	-18,600	-67,500	-61,100	-96,200	-25,300	-14,800	25,600	80,000	-78,000	53,100	13,110	-2,050	92,800	16,200	22,390	7,750	-6,600	-41,650	-52,900	-29,640	1,600	9,530	0	0	0	-	-	-	-
Increase in Fed funds purchased
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in Fed funds purchased
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Decrease in borrowed funds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Increase (decrease) in repurchase agreements
10,001	9,352	8,635	6,928	6,831	8,209	7,843	5,943	3,098	56	1,909	1,102	748	-1,311	-3,345	-1,078	698	2,154	2,945	5,178	2,458	1,277	1,474	4,675	2,854	4,555	2,062	-1,471	-3,172	-1,618	0	0	0	-	-	-	-
Cash dividends paid
11,637	11,332	10,864	10,392	10,074	9,757	9,451	8,946	8,441	7,935	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,885	-	5,452	5,237	5,006	4,775	4,522	4,253	3,971	3,680	3,532	3,387	3,386	3,385	-2,515,738	3,380	3,374	3,367	0	0	0
Repurchases of common stock
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,956	10,855	11,153	9,923	10,183	7,284	4,281	1,492	0	0	0	0	-	-	-	-	-	-	-	-
Stock options exercised
857	1,088	879	1,099	1,161	1,131	735	537	463	764	1,108	1,027	942	543	297	264	469	380	806	985	955	1,300	1,086	1,589	1,778	1,396	1,162	520	207	63	217	311	807	867	0	0	0
Excess tax provision from equity based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	176	146	132	184	181	224	27	177	332	280	262	115	46	48	152	155	144	109	0	0	0
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	70,616	-	92,938	89,134	7,805	140,095	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
86,858	12,498	113,530	97,311	115,936	161,737	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-47,322	-27,837	28,351	92,404	61,121	44,003	24,537	37,087	0	0	0
(Decrease) increase in cash and due from banks
38,929	5,945	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in cash and due from banks
-	-	-	-	-	-	-	-	-29,259	-	-10,835	24,134	48,760	71,819	16,454	6,351	-3,897	-1,472	9,310	-2,134	-24,259	-27,911	-21,291	-18,158	24,215	16,188	15,874	18,056	-23,793	-1,218	-13,210	-19,441	14,220	20,391	0	0	0
Supplemental disclosure of cash flow information:
Interest
12,719	13,769	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental noncash disclosures:
Real estate acquired through foreclosure
-	27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating right-of-use asset pursuant to adoption on ASU 2016-02
-	8,308	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liability pursuant to adoption of ASU 2016-02
-	8,915	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-