Byline bancorp, inc. (BY)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

2,966

15,852

15,342

13,211

12,597

17,121

14,536

2,768

6,768

-766

9,755

6,146

6,560

Adjustments to reconcile net income to net cash from operating activities:
PROVISION FOR LOAN AND LEASE LOSSES

14,455

4,387

5,931

6,391

3,999

3,882

5,842

3,956

5,115

3,347

3,900

3,515

1,891

Impairment loss on assets held for sale

715

110

67

0

392

-

-

-

-

-

-

-

-

Depreciation and amortization of premises and equipment

1,600

1,688

1,441

1,670

1,590

1,490

1,481

1,335

1,273

1,274

1,311

1,310

1,298

Net amortization of securities

-850

-711

-565

-592

-600

-639

-677

-867

-1,009

-1,126

-1,183

-1,177

-1,184

Net change in fair value of equity securities, net

-619

381

-15

551

499

-

-

-

-

-

-

-

-

Net gains on sales of securities available-for-sale

1,375

-

-

-

-

-

-

-

-

0

0

0

8

Net loss on disposal of premises and equipment

-134

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sales of assets held for sale

-

0

69

0

13

1

842

71

189

-384

5

0

162

Net gains on sales of loans

4,773

8,735

9,405

7,472

6,233

9,337

5,015

9,723

7,476

9,036

7,499

8,445

8,082

Originations of U.S. government guaranteed loans

63,256

124,167

65,638

93,623

47,157

98,267

62,825

92,995

82,125

91,439

67,843

72,415

61,918

Proceeds from U.S. government guaranteed loans sold

53,461

130,731

76,495

77,640

55,421

105,291

74,583

100,203

104,604

80,312

78,164

80,278

70,410

Accretion of premiums and discounts on acquired loans, net

3,671

5,418

7,703

4,868

5,201

6,400

8,258

3,595

2,346

-16,090

12,346

4,466

7,955

Net change in servicing assets

-1,671

-468

179

226

-159

-981

-913

-28

215

-269

245

465

-132

Net valuation adjustments on other real estate owned

-463

-322

-26

-79

-84

-124

-299

-132

-81

-148

-415

-44

-276

Net (gains) losses on sales of other real estate owned

82

417

38

6

-33

3

489

-249

140

609

74

236

1,228

Other intangible assets amortization expense

1,893

2,002

2,003

1,959

1,773

1,834

1,898

1,130

767

767

769

769

769

Amortization of time deposit premium

19

30

34

42

69

131

189

79

5

19

79

217

463

Amortization of Federal Home Loan Bank advances premium

-

-

-

-

-

0

0

0

19

53

52

52

52

Accretion of junior subordinated debentures discount

128

127

148

147

144

153

163

155

153

165

173

179

204

Share-based compensation expense

608

615

550

278

230

353

403

416

342

546

380

285

286

Deferred tax provision, net of valuation

207

-3,246

1,458

-2,610

3,516

5,786

7,431

941

1,284

10,408

-1,351

3,327

4,220

Increase in cash surrender value of bank owned life insurance

148

51

65

62

126

38

37

48

120

38

37

53

119

Changes in assets and liabilities:
Accrued interest receivable

-878

177

-116

1,213

1,823

-433

516

750

-673

475

217

-559

666

Other assets

-10,514

-4,018

3,865

14,352

-3,907

-1,376

2,917

4,425

-622

865

650

-426

-739

Accrued interest payable

-1,552

-1,083

256

51

906

513

409

380

306

122

-378

-331

-534

Other liabilities

9,567

-

-

-

-10,579

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-8,198

-19,593

27,424

-4,894

2,287

-22,277

12,313

-1,418

Net cash provided by operating activities

25,853

17,780

21,015

-23,132

13,651

17,769

8,189

28,509

25,468

14,055

-16,052

23,750

5,100

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of securities available-for-sale

242,685

238,921

161,774

64,226

84,950

52,051

57,909

23,440

72,646

18,666

17,315

16,754

745

Proceeds from maturities and calls of securities available-for-sale

66,585

47,320

42,626

18,318

15,353

15,963

7,000

1,200

5,430

245

6,490

0

1,182

Proceeds from paydowns of securities available-for-sale

33,410

34,684

27,279

23,410

18,766

14,772

16,323

14,771

14,691

16,149

18,609

16,844

17,718

Proceeds from sales of securities available-for-sale

45,417

-

-

-

-

-

-

-

-

0

0

0

8

Proceeds from paydowns of securities held-to-maturity

-

-

-

-

-

3,114

4,177

5,551

4,050

4,150

5,485

4,775

5,337

Purchases of Federal Home Loan Bank stock

2,070

10,440

8,235

10,305

9,630

11,340

11,295

7,716

6,282

9,630

4,095

3,150

2,610

Federal Home Loan Bank stock repurchases

-

12,644

6,841

6,984

9,630

11,340

11,070

7,276

5,448

3,915

5,445

675

8,100

Proceeds from other loans sold

-

-

-

-

-

-

-

-

-

0

0

0

9,984

Net change in loans and leases

76,141

-40,411

-32,234

33,806

61,993

42,544

91,468

160,333

5,797

68,698

50,047

4,411

9,412

Purchases of premises and equipment

2,040

1,976

878

434

979

1,198

843

474

63

300

634

807

797

Proceeds from sales of assets held for sale

-

0

859

0

514

1

3,373

87

954

975

1,646

0

2,752

Proceeds from sales of other real estate owned

264

451

1,391

976

172

365

2,008

3,415

1,263

4,315

2,063

2,363

5,157

Proceeds from bank owned life insurance death benefit

69

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-177,191

-115,114

-27,148

4,817

-113,117

-60,138

-117,564

-138,745

-52,952

-67,545

-30,299

-465

36,674

CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits

91,278

67,293

20,105

-38,402

58,669

9,280

96,079

98,141

81,223

-77,581

-19,590

-35,024

85,908

Proceeds from short-term borrowings

2,836,800

-

-

-

1,620,500

-

-

-

-

-

-

-

-

Repayments of short-term borrowings

2,741,800

-

-

-

1,620,500

-

-

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank advances

-

-

-

-

-

1,472,000

1,518,100

1,352,000

1,589,900

1,044,000

703,000

465,000

825,000

Repayments of Federal Home Loan Bank advances

-

-

-

-

-

1,472,000

1,513,100

1,312,000

1,571,387

917,000

688,000

455,000

929,000

Repayments of line of credit

-

-

-

-

-

-

-

-

-

0

16,150

2,000

2,500

Net increase in securities sold under agreements to repurchase

6,009

17,348

-595

-1,484

203

9,720

-207

-3,162

-3,372

380

-1,622

489

14,691

Dividends paid on preferred stock

196

196

196

195

196

196

196

198

193

196

10,696

196

189

Dividends paid on common stock

1,148

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock upon exercise of stock options

677

787

54

1,669

636

638

567

130

1,005

-

-

-

-

Proceeds from issuance of common stock

268

0

289

0

291

-

-

-

-

-

-

-

-

Repurchases of common stock

1,668

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

-

0

0

0

1,050

Net cash provided by financing activities

190,220

69,232

25,657

25,633

59,603

19,473

101,415

134,911

97,176

49,603

28,766

-26,731

-5,040

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

38,882

-28,102

19,524

7,318

-39,863

-22,896

-7,960

24,675

69,692

-3,887

-17,585

-3,446

36,734

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for interest

11,784

12,987

12,821

12,156

10,044

9,099

7,787

5,069

4,012

3,590

3,969

3,925

3,795

Cash paid (received) during the period for taxes

51

3,290

6,583

12,063

-2,556

399

362

2,689

63

728

1,021

268

832

SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Transfer of securities from held-to-maturity to available-for-sale

-

-

0

0

94,837

-

-

-

-

-

0

0

10,061

Reclassification of equity and other securities

-

-

0

0

6,609

-

-

-

-

-

-

-

-

Change in fair value of available-for-sale securities, net of tax

-

-

-

-

-

-

-2,490

-1,778

-6,457

-

1,776

1,163

386

Change in fair value of cash flow hedges, net of tax

-

-

-

-

-

-

463

857

2,893

-

88

-675

-18

Delayed payments of mortgage-backed securities

389

-213

-121

215

626

169

-392

-105

726

-78

-445

462

372

Transfers of loans to other real estate owned

-

-

-

-

-

-

307

176

1,044

-

3,579

1,682

808

Internally financed sale of other real estate owned

-

0

0

0

183

-

-

-

-

-

-

-

-

Change in due to broker

-

-

-

-

-

-

-

-

-

-

-

-

-9,978

Transfers of land and premises to assets held for sale

-

-

-

-

-

-

-

-

-

-

1,864

0

1,508

Transfers of premises and equipment to other assets

-

-

-

-

-

-

-

-

-

-

16

169

502

Transfer of other assets to assets held for sale

-

-

-

-

-

-

0

0

16

-

-

-

-

Due from counterparties

33,959

-3,900

12,819

18,873

15,353

-8,996

-11,235

5,732

19,837

-

-

-

-

Common dividend declared, not paid

1,162

-

-

-

-

-

-

-

-

-

-

-

-