CASS INFORMATION SYSTEMS, INC. CASS Cash Flow

Cass information systems, inc. (CASS)

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
29,786	30,404	31,090	30,514	30,339	30,268	28,542	27,795	26,799	25,014	26,107	25,466	24,822	24,348	24,013	23,671	23,350	23,056	22,753	23,274	23,761	24,033	23,501	23,238	23,276	23,497	23,584	23,538	23,427	23,303	23,453	23,421	23,198	23,009	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
11,030	10,939	10,817	10,782	10,919	11,238	11,504	11,692	11,655	11,341	10,826	10,287	9,826	9,429	9,347	9,258	9,085	8,859	8,621	8,344	8,285	8,181	8,211	8,122	7,495	7,346	7,147	7,079	7,229	6,916	6,173	5,412	4,952	4,528	0	0	0
Gains on sales of securities
1,077	19	19	19	-44	-42	0	0	0	-	0	0	79	387	387	1,658	2,269	2,910	2,910	1,662	972	23	44	887	2,571	4,024	4,237	3,638	3,122	2,635	2,396	2,129	1,009	43	0	0	0
Stock-based compensation expense
3,009	3,144	3,054	2,946	3,225	3,006	2,919	2,719	2,440	2,339	2,146	2,071	1,997	1,959	1,987	2,013	2,041	2,059	2,048	2,041	2,039	2,041	2,076	2,088	2,073	1,975	1,784	1,615	1,469	1,399	1,398	1,393	1,392	1,391	0	0	0
Provision for loan losses
325	250	0	0	0	-	-	-	-	-	-	-	-500	-1,500	-1,850	-1,850	-1,850	-850	0	0	0	-	-	-	-	500	2,100	2,100	2,400	2,400	1,100	1,650	1,900	2,150	0	0	0
Increase in income tax liability
-2,043	-1,838	1,589	1,055	4,111	3,746	-2,804	-2,137	-2,141	-3,026	-65	-220	446	357	-493	1,656	394	47	1,196	-1,231	-358	-24	359	-1,150	-1,136	-964	-1,151	1,292	-160	1,073	471	933	-290	-192	0	0	0
Increase in pension liability
-2,132	-1,916	4,841	4,768	4,705	4,641	8,220	8,161	8,084	8,008	4,511	4,437	4,287	4,137	4,026	4,141	4,345	4,550	4,198	4,345	2,905	2,282	2,791	1,925	2,784	2,822	-1,041	-1,108	-1,662	-2,158	-6,479	-6,845	-6,748	-6,817	0	0	0
Increase in accounts receivable
-1,368	-988	-283	115	2,186	-4,709	-3,008	1,976	-99	4,656	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating activities, net
2,338	-1,073	929	2,952	-1,275	-5,794	-5,678	-7,775	508	-4,127	-1,990	338	-5,055	597	343	-3,956	-3,369	-342	-1,786	681	928	-1,026	-712	-469	983	-2,323	2,070	1,334	-632	4,056	1,800	1,731	1,183	-528	0	0	0
Net cash provided by operating activities
43,851	42,126	49,313	49,612	46,611	48,335	49,750	42,518	51,428	38,890	37,510	38,905	33,648	35,189	33,303	34,226	30,751	33,493	32,203	33,260	35,967	34,843	35,444	32,924	33,261	28,886	32,220	33,186	29,923	35,328	27,609	27,710	26,722	25,642	0	0	0
Cash Flows From Investing Activities:
Proceeds from sales of securities available-for-sale
23,176	4,648	4,648	4,648	50,078	58,520	0	0	0	-	0	0	2,452	21,491	21,491	54,886	73,188	99,347	0	0	0	-	-	-	-	95,742	131,179	103,658	83,109	69,747	33,759	30,274	20,088	5,930	0	0	0
Proceeds from maturities of securities available-for-sale
30,826	21,502	30,076	30,903	31,910	38,116	36,341	35,836	37,563	44,156	47,410	49,609	50,282	43,524	37,040	36,609	41,515	38,460	40,940	31,510	22,070	18,340	16,225	19,604	18,182	18,117	15,660	12,761	12,963	11,898	15,245	16,770	16,075	18,510	0	0	0
Purchase of securities available-for-sale
-	-	-	-	-	82,022	106,076	122,606	88,930	124,777	136,126	130,516	123,787	96,290	76,902	104,068	167,084	161,279	168,766	125,956	64,397	54,054	48,039	101,683	113,305	104,351	101,556	81,634	96,156	114,646	138,498	98,468	71,231	61,768	0	0	0
Net increase in loans
103,393	50,970	41,106	75,650	49,283	35,336	68,131	43,159	26,601	21,335	-26,813	-26,475	-9,291	5,771	13,391	22,347	491	-10,882	-6,762	9,415	18,382	16,954	42,349	-4,620	-15,301	-34,378	-43,380	-20,219	-6,152	19,165	-9,422	-23,119	-17,935	-35,981	0	0	0
Increase in payments in excess of funding
45,892	45,381	47,145	20,512	5,396	21,674	41,278	42,401	35,782	33,756	8,468	-5,765	11,110	-179	2,475	-3,310	-14,907	-14,701	-32,350	-3,767	24,900	42,577	53,170	50,304	31,253	14,128	14,008	4,832	3,794	2,144	10,200	12,138	24,085	27,769	0	0	0
Purchases of premises and equipment, net
2,408	2,723	2,320	2,801	3,658	4,399	5,303	4,992	4,627	4,127	3,915	3,988	4,489	4,684	4,976	4,994	5,205	5,747	5,935	6,727	7,008	6,291	6,133	5,521	4,050	4,857	5,301	4,615	4,645	3,099	1,358	1,550	1,628	1,925	0	0	0
Asset acquisition of Gateway Giving, LLC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,798	7,798	7,798	7,798	0	0	0	0
Net cash used in investing activities
-100,524	-75,757	-62,097	-85,326	-41,619	-46,795	-125,927	-118,802	-108,834	-139,839	-74,286	-52,655	-77,361	-41,551	-39,213	-36,604	-43,170	-3,636	4,698	-40,282	-46,832	-100,949	-131,803	-101,202	-47,404	24,901	69,354	45,557	-2,371	-65,207	-99,428	-49,791	-50,644	-31,041	0	0	0
Cash Flows From Financing Activities:
Net decrease in noninterest-bearing demand deposits
17,048	37,833	40,300	-6,274	13,263	31,717	58,982	63,414	62,055	66,885	9,029	6,306	11,579	32,833	29,447	33,621	23,726	22,824	33,539	14,351	1,168	15,158	-7,852	11,758	26,103	-302	6,573	3,345	7,784	12,187	14,697	-1,572	-879	18,859	0	0	0
Net increase (decrease) in interest-bearing demand and savings deposits
56,723	-1,133	17,665	692	-18,784	-7,838	-36,956	-46,983	2,373	-7,472	-20,089	-24,942	-32,388	-51,440	26,735	52,475	-19,896	23,536	-24,166	4,405	57,922	39,766	53,974	21,011	27,005	32,645	29,645	39,886	22,683	21,683	-1,261	15,206	30,996	36,956	0	0	0
Net increase in time deposits
-2,596	-1,490	18,543	16,474	21,709	19,959	3,469	4,267	-3,540	-3,286	-3,723	-7,319	-6,680	-5,916	-9,641	-10,512	-13,063	-18,075	-17,265	-14,857	-25,215	-19,221	-21,595	-22,267	-8,251	-13,555	-23,715	-13,285	-10,037	-18,530	-14,894	-24,283	-39,849	-26,037	0	0	0
Net increase in accounts and drafts payable
-34,147	-22,400	-49,518	-152,166	-31,662	-19,595	36,698	143,255	-27,288	19,601	125,585	51,641	43,558	65,028	-213,870	-222,794	-136,237	-78,169	243,407	224,276	220,819	111,475	-38,572	62,596	30,217	21,192	-60,667	-158,131	-112,418	-72,440	192,483	165,975	97,353	79,094	0	0	0
Net decrease in short-term borrowings
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
15,376	15,234	15,152	14,581	14,005	13,177	12,292	11,668	11,048	10,675	10,298	10,183	10,070	9,979	9,900	9,832	9,769	9,697	9,623	9,537	9,443	9,337	9,220	8,987	8,750	8,510	8,270	7,965	7,662	7,361	7,058	6,799	6,539	6,279	0	0	0
Distribution of stock awards, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0
Purchase of common shares for treasury
7,606	7,799	15,228	15,229	14,010	8,838	1,409	3,678	2,799	2,270	2,268	-2	5,443	9,215	10,742	14,040	11,365	10,951	10,363	7,976	5,206	1,848	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities, net
-2,027	-1,125	-981	-1,034	-865	-945	-172	128	-113	-467	-1,351	-1,602	-1,559	-1,378	-500	-268	-282	-488	-1,146	-1,150	-1,138	-814	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
35,513	6,652	55,475	93,024	-20,220	1,283	14,126	-98,573	113,418	62,316	-24,229	40,677	41,937	19,933	82,931	117,900	-50,750	-71,020	-49,481	-16,090	20,219	135,179	94,714	-19,852	46,937	30,387	-81,073	34,448	-20,301	-64,995	-43,158	-25,389	44,381	102,432	0	0	0
Net decrease in cash and cash equivalents
-21,160	-26,979	42,691	57,310	-15,228	2,823	-62,051	-174,857	56,012	-38,633	-61,005	26,927	-1,776	13,571	77,021	115,522	-63,169	-41,163	-12,580	-23,112	9,354	69,073	-1,645	-88,130	32,794	84,174	20,501	113,191	7,251	-94,874	-114,977	-47,470	20,459	97,033	0	0	0
Supplemental information:
Cash paid for interest
4,921	5,181	5,073	4,738	4,258	3,701	3,117	2,681	2,369	2,178	2,020	1,964	1,992	2,017	337	2,028	2,052	2,133	3,933	2,502	2,455	2,491	398	2,560	2,804	2,855	5,123	2,970	3,023	3,196	3,439	3,706	4,080	4,424	0	0	0
Cash paid for income taxes
7,738	7,604	9,595	9,823	6,468	6,723	5,695	5,970	6,742	7,677	7,691	7,426	6,588	7,061	8,817	7,343	7,919	8,190	7,725	9,373	9,095	8,476	7,659	8,011	8,143	8,265	7,299	6,025	7,559	6,407	5,042	5,525	6,215	6,287	0	0	0