Bridgewater bancshares inc (BWB)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income

7,443

8,571

7,805

8,009

7,018

7,761

6,463

6,746

5,950

3,334

4,675

4,797

4,083

Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities
Net Amortization on Securities Available for Sale

-580

-658

-640

-557

-668

-719

-671

-939

-699

-698

-682

-661

-738

Net (Gain) Loss on Sales of Securities Available for Sale

3

0

58

463

-5

-

-

-

-

-

-

-

-

Net Loss on Sales of Securities Available for Sale

-

-

-

-

-

-

-

-

-

-

-

-97

31

Provision for Loan Losses

2,100

600

900

600

600

800

1,275

900

600

1,200

1,200

825

950

Depreciation and Amortization of Premises and Equipment

187

346

245

207

210

201

192

184

184

172

186

161

175

Amortization of Other Intangible Assets

48

48

48

47

48

48

48

47

48

48

48

47

48

Amortization of Subordinated Debt Issuance Costs

26

26

26

25

26

26

26

26

25

-

-

-

-

Net (Gain) Loss on Sale of Foreclosed Assets

-

-

-

-

-

0

-88

-141

4

4

202

111

39

Stock-based Compensation

401

228

176

173

175

211

199

190

199

212

52

51

53

Changes in Operating Assets and Liabilities:
Accrued Interest Receivable and Other Assets

5,207

-400

-1,628

3,073

-1,574

2,730

205

2,608

2,084

-1,847

1,493

1,208

-732

Accrued Interest Payable and Other Liabilities

-7,736

-2,517

288

4,535

-665

1,430

1,027

1,252

-1,103

221

1,411

-1,334

1,755

Net Cash Provided by (Used for) Operating Activities

-2,161

7,622

11,629

10,617

9,659

7,185

9,833

7,876

4,514

5,891

6,561

3,986

8,464

CASH FLOWS FROM INVESTING ACTIVITIES
(Increase) Decrease in Bank-owned Certificates of Deposit

-241

0

45

249

357

0

498

0

-731

0

1,481

977

-831

Proceeds from Sales of Securities Available for Sale

2,102

0

2,555

32,159

8,150

-

-

-

-

-

-

-

-

Proceeds from Sales of Securities Available for Sale

-

-

-

-

-

-

-

-

-

-

-

6,059

565

Proceeds from Maturities, Paydowns, Payups and Calls of Securities Available for Sale

10,545

12,425

12,952

10,980

4,761

5,667

4,759

7,194

5,345

5,440

4,803

6,261

6,907

Purchases of Securities Available for Sale

23,902

25,189

36,010

31,751

5,867

19,325

13,039

28,485

17,519

-

-

-

-

Purchases of Securities Available for Sale

-

-

-

-

-

-

-

-

-

-

-

11,800

18,932

Net Increase in Loans

91,130

66,519

60,822

61,786

58,446

64,478

136,386

58,327

58,262

75,092

98,805

87,794

84,540

Net (Increase) Decrease in FHLB Stock

3,193

-200

-40

740

-290

-200

2,520

80

67

480

240

280

-843

Purchases of Premises and Equipment

7,830

2,220

7,386

3,133

2,833

1,888

1,122

490

220

133

137

251

714

Proceeds from Sales of Foreclosed Assets

134

-

-

-

-

0

60

-1

297

295

1,492

1,446

1,414

Net Cash Used in Investing Activities

-113,515

-81,077

-87,524

-54,022

-53,588

-76,730

-137,110

-69,239

-71,157

-62,753

-106,759

-85,382

-95,288

CASH FLOWS FROM FINANCING ACTIVITIES
Increase in Deposits

76,817

21,074

102,971

55,599

82,732

81,846

64,397

61,655

13,686

44,602

72,708

80,203

118,329

Net Decrease in Federal Funds Purchased

-

0

0

0

18,000

35,000

-53,000

9,000

14,000

-7,000

9,000

-12,000

31,000

Principal Payments on Notes Payable

500

500

500

500

500

500

500

500

500

500

500

500

500

Proceeds from FHLB Advances

76,000

-

-

-

-

35,000

15,000

15,000

5,000

-

-

-

-

Principal Payments on FHLB Advances

5,000

-

-

-

-

-

-

-

-

-

-

-

-

Stock Options Exercised

-

197

-1

59

3

-

-

-

-

-

-

-

-

Issuance of Common Stock

-

-

-

-

-

-

-

0

58,857

-

-

-

-

Stock Repurchases

2,050

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by Financing Activities

145,267

15,771

99,125

61,044

64,235

76,452

126,897

63,155

63,043

56,161

102,813

86,703

86,829

NET CHANGE IN CASH AND CASH EQUIVALENTS

29,591

-57,684

23,230

17,639

20,306

6,907

-380

1,792

-3,600

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

5,307

5

SUPPLEMENTAL CASH FLOW DISCLOSURE
Cash Paid for Interest

7,633

7,246

7,957

6,927

7,237

5,944

5,723

4,492

3,828

3,268

2,966

2,687

2,413

Cash Paid for Income Taxes

430

-

-

-

-

2,275

2,065

1,375

2,150

-

-

-

-

Loans Transferred to Foreclosed Assets

134

-

-

-

-

-

-

-

-

0

0

0

689

Investment Securities Purchased but Not Settled

6,944

-

-

-

-

-

-

-

-

-

-

-

-