Colony bankcorp, inc. (CBAN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

10,211

11,917

7,750

8,673

8,372

7,531

4,629

2,641

2,533

474

-19,183

Adjustments to reconcile net income to net cash
Provided by operating activities:
Goodwill Impairment

-

-

-

-

-

-

-

-

-

-

2,412

Provision for loan losses

1,104

201

390

1,062

865

1,308

4,485

6,784

8,250

13,350

43,445

Loan discount accretion

763

-27

-

-

-

-

-

-

-

-

-

Other purchase accounting accretion and amortization, net

254

-

-

-

-

-

-

-

-

-

-

Accretion and amortization of securities discounts and premiums, net

-1,250

-1,149

-1,449

-1,645

-1,797

-1,312

-2,667

-4,180

-3,487

-4,043

-

Depreciation, amortization, and accretion

2,063

1,787

1,647

1,574

1,657

1,595

1,527

1,676

1,790

2,140

2,092

Share-based compensation expense

34

14

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

600

48

-

-

-

-

-

-

-

-

-

Deferred Income Taxes

-

-

2,833

222

625

1,932

2,178

1,204

867

639

-5,869

Gain on sale of securities

97

116

-

385

-

-

-

-

-

-

-

Gain on sale of SBA loans

1,823

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in unearned loan fees

-109

-6

-

-

-

-

-

-

-

-

-

Amortization and Accretion

-

-

-

-

-

-

-

-

-

-

3,807

Loss on sale of other real estate

780

42

208

-160

-600

-828

-1,565

-1,839

-1,106

-1,827

-163

Securities (Gains) Losses

-

-

-

-

-11

23

-363

2,837

2,923

2,617

2,625

Increase in Cash Surrender Value of Life Insurance

-

-

-

-

-

-

-

-

-

-

-184

Loss (gain)on sale of premises & equipment

-168

-173

10

-80

-11

12

0

-1

-3

-28

82

Originations of loans held for sale

69,576

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans held for sale

61,323

-

-

-

-

-

-

-

-

-

-

Provision for Losses on Other Real Estate

-

-

333

501

453

1,006

1,321

2,702

1,411

1,293

467

Change in bank-owned life insurance

588

509

1,669

589

299

590

338

185

174

56

-

Change in other assets

-573

-271

-

-

-

-

-

-

-

-

-

Change in other liabilities

379

-9

-

-

-

-

-

-

-

-

-

Interest Receivable

-

-

90

-176

354

-55

-285

-250

-739

-1,325

-699

Prepaid Expenses

-

-

-139

372

-278

64

168

-1,741

-1,861

-2,006

5,785

Interest Payable

-

-

21

-46

32

-1,099

385

74

-398

-452

-1,256

Accrued Expenses and Accounts Payable

-

-

361

-252

-202

197

213

-95

-405

-148

315

Other Prepaids, Deferrals and Accruals, Net

-

-

403

-938

-217

-788

243

-2,827

2,987

-3,500

3,360

-

-

-

-

-

14,766

18,870

22,806

-

-

-

Net cash provided by operating activities

3,933

14,917

12,545

13,388

14,067

-

-

-

15,159

27,354

15,054

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

72,482

63,683

87,160

109,634

102,336

56,201

132,419

250,445

381,284

380,490

488,257

Proceeds from maturities, calls, and paydowns of investment securities available for sale

73,313

50,422

54,587

54,868

51,423

36,440

48,330

54,006

41,978

55,648

58,599

Proceeds from sale of investment securities available for sale

65,513

11,268

0

25,209

28,273

13,620

72,672

227,690

342,672

286,387

368,575

Interest-Bearing Deposits in Other Banks

-

-

11,677

-7,729

-17,409

754

-164

7,161

21,769

-44,247

-6,331

Net loans

58,593

-2,390

14,459

2,167

21,255

3,156

19,959

50,126

-63,267

-88,105

18,973

Purchase of premises and equipment

3,485

2,763

1,344

3,259

3,189

1,681

1,489

845

397

490

1,290

Proceeds from sale of other real estate

2,553

3,002

3,863

7,529

8,154

7,233

8,041

9,876

9,991

9,866

12,158

Proceeds from bank-owned life insurance

535

-

-

-

-

-

-

-

-

-

-

Redemption Federal Home Loan Bank Stock

-

-

-

-

100

333

-

-

-

-

-

Redemption (Purchase of) Federal Home Loan Bank Stock

-

-

32

279

0

0

-

-

-

-

-

Held to Maturity

-

-

-

-

9

12

11

14

12

-

-

Redemption (purchase of) Federal Home Loan Bank Stock

831

-65

-

-

-

-

-200

-2,033

-665

-281

73

Held for Maturity

-

-

-

-

-

-

-

-

-

14

12

Proceeds from sale of premises and equipment

690

23

37

89

28

14

2

1

1

0

125

Net cash and cash equivalents paid in acquisition

467

10,043

-

-

-

-

-

-

-

-

-

Purchase of Bank-Owned Life Insurance

-

-

-

-

-

-

10,000

0

0

-

-

-

-

-

-

-

-2,629

-34,774

-632

-

-

-

Net cash (used in) provided by investing activities

6,746

-9,319

-32,831

-35,373

-56,200

-

-

-

98,677

15,074

-75,454

CASH FLOWS FROM FINANCING ACTIVITIES
Increase in noninterest-bearing customer deposits

8,753

5,553

31,869

25,172

5,546

13,079

-8,705

29,697

-8,690

18,720

6,741

(Decrease) increase in interest-bearing customer deposits

10,633

-445

-8,240

7,629

26,704

-21,305

16,550

-49,998

-50,448

-17,183

43,853

Dividends paid for common stock

2,692

1,688

843

-

0

-

-

-

-

-

1,760

Dividends Paid on Preferred Stock

-

-

315

1,590

2,487

5,492

-

0

1,400

1,400

1,190

Redemption of Preferred Stock

-

-

9,360

8,661

9,979

0

-

-

-

-

-

Repurchase of warrants

-

3,175

-

-

-

-

-

-

-

-

-

Net increase (decrease) in Federal Home Loan Bank advances

2,000

-3,500

-

-

-

-

-

-

-

-

-

Net increase (decrease) in other borrowed money

14,563

-

-

-

-

-

-

-

-

-

-

Payments on Federal Home Loan Bank Advances

-

-

-

-

-

-

-

-

-

39,000

-

Payments on Other Borrowed Money

-

-

8,515

4,000

27,000

0

16,500

41,000

4,076

-

19,000

Proceeds from Other Borrowed Money

-

-

10,015

10,000

27,000

0

21,500

5,000

0

23,076

19,000

Net cash (used in) provided by financing activities

33,257

-3,255

14,609

28,550

19,784

-

-

-

-

-

-

Issuance of Common Stock

-

-

-

-

-

-

-

-

-

5,078

0

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase

-

-

-

-

-

-

-

-

-20,000

-20,000

-2,274

Proceeds Allocated to Issuance of Preferred Stock

-

-

-

-

-

-

-

-

-

-

27,215

Proceeds Allocated to Warrants Issued

-

-

-

-

-

-

-

-

-

-

784

-

-

-

-

-

-13,718

12,844

-56,300

-84,614

-30,708

73,370

Net increase in cash and cash equivalents

43,936

2,343

-5,676

6,565

-22,348

-1,581

-3,059

-34,126

29,222

11,720

12,970

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

12,245

8,197

-

-

-

-

-

-

-

-

-

Cash paid during the period for income taxes

2,000

2,695

-

-

-

-

-

-

-

-

-

NONCASH INVESTING AND FINANCING ACTIVITIES
Change in unrealized (gains) losses on securities available for sale

10,825

-2,149

-

-

-

-

-

-

-

-

-

Acquisition of real estate through foreclosure

1,009

792

-

-

-

-

-

-

-

-

-

Change in goodwill due to acquisition

16,275

202

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease right-of-use assets and lease liability

676

-

-

-

-

-

-

-

-

-

-