Carver bancorp inc (CARV)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
CASH FLOWS FROM OPERATING ACTIVITIES
Net income / (loss) before attribution of non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-763

-41

61

190

-913

-969

433

503

869

283

-189

-1,246

-7,205

-1,275

-8,313

-5,985

-5,429

-8,187

-23,363

-2,491

Net (loss) / income attributable to non-controlling interest, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-151

-147

17

-146

-147

90

93

181

-190

-51

-885

-58

-595

1,136

146

-

-

-

-

Net loss

-1,436

-1,050

-1,139

-1,540

-1,349

-2,017

-1,030

7,533

-944

-594

-641

-2,034

-893

-251

325

-

-

-

-

-763

110

208

173

-767

-822

343

410

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

445

-

-

-

-

-

-

-

-

-

473

-138

-361

-

-680

-9,449

-6,131

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (recovery of) loan losses

8

7

1

8

-332

49

5

5

6

4

120

521

-128

-160

-204

90

728

643

34

-197

-1,151

-713

-781

300

-1,052

-505

831

-3,713

-398

560

224

4,052

113

7,007

5,170

6,796

6,241

7,829

6,248

Stock based compensation expense

4

1

1

-

2

31

1

-

0

0

3

-

0

0

0

-

0

3

-1

-

0

1

1

-

0

0

1

-

0

0

0

-

-

-

-

-

6

35

16

Provision for REO losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-60

-19

18

-37

Depreciation and amortization expense

252

228

218

214

212

221

146

295

204

195

203

221

215

216

215

567

350

253

245

273

248

409

122

260

268

272

279

288

293

259

292

309

337

351

372

388

386

350

410

Amortization of intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

38

38

13

38

38

38

Gain on sale of real estate owned, net of market value adjustment

0

189

19

1

115

23

70

-13

184

-1

67

0

-10

10

0

-129

146

0

18

-39

40

0

4

23

-149

-83

-48

-520

0

0

-288

0

-92

-124

0

-182

0

-12

-8

Loss on securities sales and redemption of equity investment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4

0

4

45

21

208

278

114

60

0

0

-

-

-

-

0

1

739

24

(Gain) loss on sale of loans, net

0

22

3

52

0

-23

0

-

-

-

-

0

0

-62

66

0

305

0

194

-

-

-

-

551

98

180

490

536

1,110

568

36

103

19

134

1

1

-1

5

3

Gain on sale of building

0

0

0

154

154

154

154

9,563

18

17

17

17

18

17

17

18

1,203

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Market adjustment on held-for-sale loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-163

-69

-

0

0

0

-

-530

-275

-100

-

0

0

0

Amortization and accretion of loan premiums and discounts and deferred charges

-101

-217

-36

-157

-212

-37

-126

-445

28

-105

-94

119

-88

28

-116

7

-1,807

1,623

41

-819

364

567

111

1,014

525

682

59

109

146

79

83

19

130

391

-311

-640

98

541

-129

Amortization and accretion of premiums and discounts — securities

-244

-248

-208

-

-126

-157

-72

-

-80

-90

-85

-

-109

-73

-77

-

-223

-53

29

-

-1

-74

-66

-

-76

-321

756

-

-149

-411

-163

-

-

-

-

-

-

-

-

Amortization and accretion of premiums and discounts - securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

580

-106

-106

-115

-1,300

-76

944

-173

Assets repurchased from third parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Increase in accrued interest receivable

-46

31

15

-49

72

84

-111

295

-462

412

195

-494

-135

-809

601

-972

161

614

121

122

-520

589

33

-63

90

113

170

-155

-79

258

-76

-98

-129

-816

445

81

-444

-491

169

Decrease in other assets

-737

1,120

-3,861

3,044

-1,457

1,249

-841

-3,566

3,748

1,156

-165

-501

-1,559

402

17

-3,812

5,433

-1,879

1,230

-2,827

2,807

-1,154

-2,303

1,856

-1,466

-9,138

8,955

2,105

-2,394

-3

272

-2,034

796

-1,545

1,181

-1,190

-6,121

4,693

3,261

Increase (decrease) in other liabilities

940

-860

977

-1,134

-887

-163

509

-397

578

-35

-1,016

1,485

644

-3,134

858

-1,774

1,236

316

1,692

2,243

1,853

-2,440

1,140

425

56

-220

-824

-351

-1,399

1,760

-278

66

-2,699

71

3,675

391

550

-222

-106

Net cash provided by (used in) operating activities

896

-2,571

4,126

-5,277

-873

-3,172

557

1,692

-3,592

-1,819

-1,266

1,294

1,747

-2,900

686

1,220

-2,335

753

782

5,017

-1,809

-2,462

2,872

3,732

1,160

11,998

-1,344

-521

8,708

6,475

5,679

6,007

14,865

5,508

5,148

5,015

-627

-828

747

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of investments: Available-for-sale

0

0

0

-91

10,591

31,337

16,292

7,790

0

0

0

0

20,155

10,562

44

148

0

-5,118

5,118

10,666

7,000

5,000

5,534

5,000

-1

1

30,180

22,081

2,456

33,649

17,750

34,719

1,300

11,010

7,315

3,547

11,976

54,130

11,000

Purchases of securities: Held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

14

10

7,970

Proceeds from principal payments, maturities and calls of investments: Available-for-sale

4,305

3,223

2,119

2,461

1,519

4,267

1,061

1,133

1,028

1,678

1,210

1,107

1,839

13,221

2,509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from principal payments, maturities, calls and sales of securities: Available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,278

-

2,190

6,083

784

-

1,007

27,545

21,347

-

6,972

10,007

11,788

-

3,320

10,238

4,117

-

17,448

41,106

9,890

Proceeds from principal payments, maturities and calls of investments: Held-to-maturity

225

203

235

194

196

287

221

306

345

327

326

461

523

504

313

403

339

489

539

315

209

170

192

3,033

322

1,098

652

1,204

466

355

667

418

385

1,941

3,748

1,327

573

538

296

Loans purchased from third parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,467

56,562

7,416

-

25,611

24,355

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans held-for-investment, net of repayments

-

-8,958

-6,766

-

-

-20,481

-25,325

-18,294

-19,072

-15,965

-11,731

-9,291

-8,785

-16,609

-19,550

-13,212

14,114

15,530

2,566

25,225

15,534

11,303

14,721

18,326

5,131

26,932

18,061

-

-

-

-

-

-

-

-

-

-

-

-

Repayments and maturities, net of originations of loans held-for-investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,191

-1,454

-

-

-

-

-

-

-

-

Loans purchased from third parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52,527

447

788

697

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,941

1,052

4,374

9,247

7,264

10,385

4,525

5,666

6,333

17,865

5,112

3,125

0

285

2,128

0

Originations of loans held-for-investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,328

2,380

-

4,179

9,942

4,559

Principal collections on loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,536

15,839

16,203

13,519

-

10,414

35,825

26,060

-

18,348

16,167

16,159

-

28,485

30,954

20,846

-

18,272

33,312

23,662

Proceeds on sale of loans

0

544

58

1,534

0

-23

255

450

1,986

0

0

1,854

0

938

4,463

499

17,620

0

0

-

-

-

-

156

0

0

242

0

647

601

470

614

895

1,363

0

2,435

900

-1,171

1,171

Decrease in restricted cash

-

-

-

-

-

-

-

0

0

0

-283

14

15

29

0

15

56

-6,214

14

0

0

0

0

-201

0

0

-4,110

4,251

0

0

0

0

140

61

6,214

0

0

0

0

(Purchase) redemption of FHLB-NY stock, net

-360

810

-268

360

0

0

-1,202

0

0

-354

-49

-405

630

-270

-667

-900

225

1,125

-1,086

1,080

-135

-197

-330

-1,125

0

360

363

135

360

-46

886

-1,800

1,125

45

-554

0

-1

-360

-393

Purchase of premises and equipment

411

344

457

19

401

1,752

708

457

509

315

321

130

99

23

10

211

58

118

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

235

-13

-

42

183

7

-

94

37

25

-

25

64

51

-

-7

-12

517

Proceeds from sales of real estate owned

0

400

111

351

116

300

805

-7

426

182

270

0

9

160

0

122

3,347

0

636

-229

229

0

0

-

-

-

-

0

0

0

195

1

0

237

326

970

0

-14

21

Net cash provided by investing activities

15,393

-8,728

9,100

21,253

3,777

-7,777

11,869

30,062

22,348

18,191

13,548

4,435

-23,639

32,992

27,448

26,932

-25,581

-53,625

238

-49,652

-33,266

-18,240

-5,417

141

6,771

-16,001

3,800

-13,750

17,802

-16,701

9,164

1,622

25,860

21,225

13,631

13,157

21,032

10,061

11,387

CASH FLOWS FROM FINANCING ACTIVITIES
Net decrease in deposits

-8,823

-1,216

-5,859

-32,821

-23,360

-20,606

-29,900

26,163

-8,765

10,825

-20,515

1,018

-5,441

3,656

-26,798

9,128

11,320

39,714

18,818

6,716

635

1,654

9,390

25,384

4,524

-6,008

-10,249

-5,933

-4,727

-7,692

-18,529

47,401

-14,627

8,200

-69,076

-28,211

-10,024

-16,199

11,883

Net increase (decrease) in FHLB-NY advances and other borrowings

-7,962

18,149

-6,000

8,000

0

0

-25,000

0

-1,000

-5,000

-5,000

-9,000

15,000

-6,000

-19,000

-20,000

5,000

25,000

-25,000

-

-3,000

0

-8,000

-

0

8,000

11,000

-

7,990

-1,008

22,992

-

10,924

942

-11,070

-

-7

-8,008

-11,007

Capital raise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

51,432

-

-

-

-

Increase in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,424

144

331

237

Net cash used in financing activities

-16,785

16,933

-11,859

-24,821

-23,360

-20,606

-54,900

26,163

-9,765

5,825

-25,515

-7,982

9,559

-2,344

-45,798

-10,872

16,320

64,714

-6,182

30,716

-2,365

1,654

1,390

384

4,524

1,992

751

-2,933

3,263

-8,700

4,463

-22,607

-4,067

9,142

-28,714

-26,794

-3,520

-24,538

639

Net increase (decrease) in cash and cash equivalents

-

-

1,367

-

-

-

-42,474

57,917

8,991

22,197

-13,233

-2,253

-12,333

27,748

-17,664

17,280

-11,596

11,842

-5,162

-13,919

-37,440

-19,048

-1,155

4,257

12,455

-2,011

3,207

-17,204

29,773

-18,926

19,306

-14,978

36,658

35,875

-9,935

-8,622

16,885

-15,305

12,773

Supplemental cash flow information:
Noncash financing and investing activities
Change in unrealized loss on valuation of available-for-sale investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,566

-1,516

-4,397

-

-

-

-88

-

180

-71

240

1,053

-509

-601

438

Transfer of loans held-for-investment to loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-14,955

15,108

0

3,410

-

-

-

-

-

-

-

-

-

1,052

2,514

5,435

-

-

-

-

-

-

-

-

-

285

2,128

0

Transfers to real estate owned

0

0

0

204

0

0

142

-77

867

0

0

-

-

-

-

300

438

0

0

341

0

0

2,434

-342

1,006

0

290

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of right-of-use asset

49

0

19,951

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of finance lease liability

53

-20,182

20,335

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfers from loans held-for-investment to loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

779

6,212

-

1,446

26,788

11,988

-

-

-

-

Cash paid for:
Interest

-

-

1,166

-

-

-

1,313

1,279

1,166

1,045

1,094

1,042

1,126

3,581

1,111

1,476

682

993

934

837

910

846

881

907

860

821

988

975

1,132

1,138

1,210

2,603

1,892

2,018

1,941

2,042

2,461

2,497

2,500

Income taxes

21

15

17

46

46

31

0

-

-

-

-

-

-

-

-

74

57

56

30

37

36

68

20

0

130

-22

22

-

-

-

-

-100

0

33

775

0

104

125

995