CAMDEN NATIONAL CORP CAC Cash Flow

Camden national corp (CAC)

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
Operating Activities
Net Income
56,423	57,203	55,942	55,511	54,524	53,071	35,921	33,203	31,220	28,476	42,551	42,115	41,497	40,067	30,857	26,410	23,987	20,952	25,348	25,343	24,466	24,570	22,906	22,821	22,836	22,783	22,537	22,426	22,507	23,428	25,089	25,763	26,421	26,177	0	0	0
Adjustments to reconcile net income to net cash used in operating activities:
Net gain on sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	451	451	1,098	813	785	2,224	1,764	2,515	2,498	2,938	2,928	2,230	2,076	0	0	0
Net increase in other real estate owned valuation allowance and (gain) loss on disposition
-	-	-	-	-	-	-	-	-	-	122	127	-58	35	-133	-6	347	362	341	388	281	215	255	142	138	130	111	263	306	479	465	329	284	188	0	0	0
Originations of mortgage loans held for sale
335,714	282,443	221,240	186,796	187,958	202,194	220,643	226,659	224,580	211,568	204,929	216,082	225,648	236,450	226,873	165,109	111,038	72,032	25,741	14,349	6,224	799	4,138	11,012	22,266	33,254	27,626	20,752	13,382	10,886	30,053	36,137	34,522	29,126	0	0	0
Proceeds from the sale of mortgage loans
323,084	281,207	220,051	191,194	193,805	211,397	229,537	231,104	226,989	224,883	222,672	234,533	242,803	238,351	208,265	147,027	97,418	62,485	25,399	13,247	5,765	830	5,512	13,931	24,295	33,982	26,997	18,578	21,174	17,215	31,172	38,560	25,995	28,885	0	0	0
Gain on sale of mortgage loans, net of origination costs
7,050	6,400	5,253	4,899	5,057	5,451	6,059	6,150	6,196	6,256	6,353	6,691	6,509	6,201	4,919	3,152	2,121	1,278	544	306	160	31	61	93	421	728	684	652	256	268	357	568	617	292	0	0	0
Provision for credit losses
3,892	2,861	2,654	2,278	2,088	847	1,078	1,541	1,959	3,035	3,052	3,514	4,965	5,258	5,960	4,960	2,362	1,936	1,524	1,784	2,173	2,220	1,669	1,795	1,847	2,028	3,142	3,345	3,485	3,816	4,172	4,486	4,621	4,735	0	0	0
Depreciation and amortization expense
3,938	3,891	3,809	3,759	3,747	3,765	3,817	3,824	3,785	3,761	3,717	3,814	3,915	4,426	4,982	4,624	4,277	3,614	2,982	3,038	2,871	3,051	2,903	2,873	3,211	3,004	2,951	1,951	2,204	2,500	1,836	2,990	2,678	2,605	0	0	0
Investment securities amortization and accretion, net
-3,079	-2,997	-2,926	-3,018	-3,103	-3,206	-3,200	-3,130	-3,099	-3,122	-3,251	-3,281	-3,269	-3,135	-2,840	-2,600	-2,387	-2,244	-2,121	-2,002	-1,882	-1,784	-1,722	-1,788	-1,954	-2,166	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation expense
1,848	1,885	1,647	1,612	1,715	1,688	1,739	1,664	1,534	1,469	1,611	1,771	2,039	1,997	1,815	1,468	962	836	688	578	621	599	709	868	599	596	523	525	581	538	787	854	1,017	1,025	0	0	0
Decrease in interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Amortization of intangible assets
694	700	710	715	720	725	936	1,227	1,518	1,809	1,893	1,895	1,899	1,903	1,871	1,684	1,495	1,306	1,149	1,148	1,148	1,148	1,198	1,200	1,199	1,200	1,087	942	801	657	577	577	577	577	0	0	0
Purchase accounting accretion, net
1,250	1,483	2,012	2,102	2,279	2,316	2,114	2,378	2,600	2,834	3,460	3,462	4,741	5,048	3,720	2,888	754	-367	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from bank-owned life insurance death benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,656	0	0	0
Decrease in trading assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-86	-45	-60	0	0	0
Decrease in prepaid FDIC assessment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Increase in other assets
45,796	22,405	32,805	27,875	14,539	6,679	-5,110	-4,941	-5,057	-11,190	-4,210	-7,877	-12,250	-11,836	-3,415	-343	4,973	7,062	2,855	2,487	1,291	3,349	3,346	4,692	1,832	-5	-749	-3,461	-1,231	-1,556	-4,946	-3,165	70	1,434	0	0	0
Increase (decrease) in other liabilities
1,330	-5,182	-12,792	-9,564	-7,234	6,275	16,092	10,145	8,485	1,247	-162	2,088	2,818	-1,333	1,833	-401	-2,391	1,796	-36	325	1,035	653	1,912	2,294	-1,766	-1,433	1,107	-435	4,079	4,120	-1,813	941	1,414	951	0	0	0
Net cash used in operating activities
4,518	32,871	13,637	26,851	42,635	64,334	69,490	55,641	50,297	58,334	66,805	74,237	77,941	57,418	27,171	18,312	12,482	15,918	29,527	29,975	31,482	29,886	30,837	30,836	29,143	29,732	30,526	30,252	42,317	42,329	34,990	39,101	26,933	33,423	0	0	0
Investing Activities
Proceeds from sales and maturities of available-for-sale securities
369,444	355,611	302,129	231,871	186,244	189,420	165,707	160,587	151,947	154,973	203,249	186,670	188,541	184,564	138,647	145,936	147,882	156,434	152,190	134,883	138,285	134,358	131,398	147,221	139,213	147,373	241,706	239,646	254,947	274,621	248,295	258,665	248,895	227,003	0	0	0
Purchase of available-for-sale securities
371,363	339,286	304,060	230,346	208,803	232,206	191,653	173,832	143,361	170,495	217,599	218,719	230,606	220,169	160,162	153,893	157,675	111,170	97,123	105,324	79,304	78,355	132,538	128,426	158,875	208,344	333,319	375,087	436,708	462,552	361,267	335,631	242,000	219,092	0	0	0
Proceeds from maturities of held-to-maturity securities
-	-	-	-	-	750	750	750	750	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Purchase of securities held-to-maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	10,986	19,341	37,739	52,208	64,355	64,211	46,825	30,438	20,338	11,589	9,847	5,976	0	0	0	0	-	-	-	-	-	-	-	-
Net increase in loans
116,962	70,714	202,772	233,097	253,541	243,815	160,971	131,654	144,699	187,740	155,596	151,350	151,427	103,699	135,942	151,773	76,839	94,811	108,304	115,069	176,071	196,670	187,625	145,834	93,416	67,826	48,818	64,949	61,414	50,194	34,783	-6,462	-11,706	-2,992	0	0	0
Purchase of Federal Home Loan Bank stock
20,837	13,688	10,076	10,333	14,324	15,127	13,377	13,682	12,962	12,290	8,305	7,059	9,393	7,342	8,879	8,925	1,686	1,594	0	0	0	-	-	706	693	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of Federal Home Loan Bank and Federal Reserve Bank stock
-13,582	-15,645	-34,344	-24,708	-22,645	-24,864	-1,827	-8,394	-8,351	-11,823	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-1,310	1,310	1,310	-1,310	-928	0	0	0	-	-	-	-
Cash settlement in Branch Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Proceeds from previously charge-off loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchase of premises and equipment
3,968	4,267	4,520	5,222	6,009	5,021	3,345	3,099	3,175	2,844	2,542	2,245	1,471	1,671	2,899	2,938	3,189	3,189	2,282	1,939	1,497	1,316	1,118	1,398	1,414	1,490	1,944	3,021	3,575	3,403	3,456	2,008	1,415	1,516	0	0	0
Proceeds from the sale of premises and equipment
-	-	-	-	-	-	-	-	-	137	137	137	227	90	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from other investments
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recoveries of previously charged-off loans
303	310	1,811	1,878	1,897	1,944	416	379	436	497	547	549	565	486	555	697	699	728	762	648	642	746	870	826	777	768	650	685	875	744	0	0	0	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	808	699	738	1,017	730	737	1,190	1,303	2,825	2,899	3,108	3,294	1,730	2,007	1,733	903	946	935	1,546	1,811	2,070	2,533	2,815	2,599	2,506	0	0	0
Net cash used in investing activities
-125,121	-55,835	-200,090	-218,215	-265,244	-276,777	-179,533	-151,178	-142,085	-212,131	-179,487	-183,260	-219,560	-167,953	-137,276	-163,089	-81,325	-54,744	-116,137	-140,540	-155,063	-170,512	-245,620	-172,750	-155,841	-166,911	127,166	66,776	23,882	32,138	-145,797	-66,727	22,774	14,802	0	0	0
Financing Activities
Net increase in deposits
-14,439	73,335	397,295	535,598	552,746	464,132	264,536	115,493	88,681	172,291	67,595	167,923	263,049	103,027	159,233	70,345	-13,573	71,825	79,740	123,795	129,648	118,435	41,260	49,727	-28,797	-29,380	-3,198	4,666	108,477	50,544	48,062	56,313	11,073	75,559	0	0	0
Net change in short-term Federal Home Loan Bank borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0
(Repayments of) net proceeds from borrowings less than 90 days
-	-	-	-	-	-	-	-	-	36,699	97,227	72,227	72,227	77,227	-43,105	-15,222	11,287	-18,105	35,783	9,239	6,253	46,954	193,844	116,598	228,124	170,194	-23,278	115,882	-41,134	-15,614	-45,216	-131,739	-130,744	-26,066	0	0	0
Net proceeds from (repayments of) borrowings less than 90 days
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Federal Home Loan Bank long-term advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,039	71,058	70,075	60,074	60,073	72	68	185	289	70,392	80,470	80,487	80,456	45,425	95,422	185,358	312,355	0	0	0
Proceeds from Federal Home Loan Bank long-term advances
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	155,000	235,000	0	0	0
Common stock repurchases
26,811	20,795	17,201	7,024	1,984	27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	7,475	9,935	9,935	6,815	2,460	0	0	0	-	-	-	-	389	0	0	0
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings
-40	-202	-250	-170	-90	-350	-281	-482	-529	-606	-314	-28	-377	894	834	755	1,336	753	683	551	346	328	199	535	399	300	-195	-535	-433	-212	493	478	519	134	0	0	0
Cash dividends paid on common stock
18,894	18,572	18,692	18,732	17,961	17,170	16,065	14,961	14,644	14,323	13,844	13,367	12,881	12,394	12,359	11,496	10,638	9,785	8,726	8,494	8,275	8,085	8,149	8,208	8,257	8,121	7,958	7,799	7,631	7,667	11,515	11,531	11,552	11,524	0	0	0
Finance lease payments
113	106	79	53	26	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
35,244	31,601	225,643	160,454	237,068	176,471	118,950	119,650	138,802	169,061	102,659	105,613	147,513	118,754	142,919	185,725	87,970	57,501	93,804	114,595	124,778	150,084	217,147	148,483	131,707	130,244	-149,539	-92,610	-55,063	-55,502	70,474	38,419	-39,945	-39,909	0	0	0
Net (decrease) increase in cash, cash equivalents and restricted cash
-85,359	8,637	39,190	-30,910	14,459	-35,972	8,907	24,113	47,014	15,264	-10,023	-3,410	5,894	8,219	32,814	40,948	19,127	18,675	7,194	4,030	1,197	9,458	2,364	6,569	5,009	-6,935	8,153	4,418	11,136	18,965	-40,333	10,793	9,762	8,316	0	0	0
Supplemental information
Interest paid
40,191	41,374	40,145	36,684	33,531	30,177	26,825	24,741	22,609	20,774	19,371	18,601	17,181	16,661	16,157	17,348	13,602	12,588	12,133	9,123	12,154	12,158	12,191	12,324	12,552	13,014	14,006	15,031	16,374	17,456	18,870	20,445	22,162	23,901	0	0	0
Income taxes paid
13,577	13,542	11,526	10,842	10,689	10,667	14,208	17,090	16,853	16,841	17,362	15,471	10,699	10,647	8,704	7,958	12,205	12,205	11,563	13,995	11,870	13,365	12,037	8,960	11,840	10,640	10,553	8,441	6,663	6,363	8,317	10,599	12,097	12,097	0	0	0
Unsettled common stock repurchase
0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from loans to other real estate owned
0	-	-	-	0	-	-	-	0	-	-	-	-	383	482	659	768	2,175	1,878	1,930	2,244	1,337	2,026	1,937	1,840	1,958	1,839	1,854	1,719	1,767	1,835	1,844	2,591	1,989	0	0	0
Held-to-maturity securities purchased but unsettled
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Measurement-period adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	960	960	960	390	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock repurchased not yet settled
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-