Cb financial services, inc. (CBFV)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
OPERATING ACTIVITIES
Net Income

773

4,677

3,746

2,979

2,925

2,430

2,292

970

1,360

1,375

2,064

1,801

1,704

2,022

1,575

1,938

2,045

1,757

2,128

2,240

2,295

1,735

739

739

1,079

Adjustments to Reconcile Net Income to Net Cash Provided By Operating Activities:
Net Accretion on Investments

70

37

165

-21

1

22

19

-11

-104

-110

-94

-87

-84

-78

-38

-60

-56

-154

-157

-182

-184

-220

-333

-310

-377

Depreciation and Amortization

941

998

897

920

913

782

916

883

464

632

562

632

673

1,041

541

746

764

628

723

599

622

341

142

162

118

Provision for Loan Losses

2,500

175

175

350

25

400

25

600

1,500

850

300

300

420

440

450

300

850

1,030

300

375

300

-

-

-

-

Change in Fair Value of Marketable Equity Securities

-438

-

-

-

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) Loss on Marketable Equity Securities

-

-

-

-

-

-117

35

44

-25

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net Gain on Purchased Tax Credits

15

8

9

9

9

11

11

33

-11

-14

-14

-15

-14

-

-

-

-

-

-

-

-

-

-

-

-

Income from Bank-Owned Life Insurance

139

142

142

134

132

139

135

127

108

116

116

116

116

116

123

119

120

120

119

117

118

99

58

58

58

Proceeds From Mortgage Loans Sold

4,771

3,621

1,654

1,729

3,995

4,045

3,895

2,005

534

3,311

6,321

6,683

3,937

3,893

7,371

6,061

5,513

5,131

7,675

43,063

2,738

5,474

2,803

4,017

4,628

Originations of Mortgage Loans for Sale

4,644

3,545

1,606

1,679

3,903

3,980

3,843

1,959

526

3,242

6,184

6,521

3,847

3,793

7,121

5,877

5,388

5,070

7,544

4,842

2,667

5,294

2,729

3,905

4,542

Net Gain on Sales of Loans

127

76

48

50

92

65

52

46

8

69

137

162

90

100

250

184

125

110

205

-28

71

180

74

112

86

Net Loss on Sales of Investment Securities

-

-

3

7

-60

-

-

-

-

67

10

70

52

-

-

-

-

-

-

-

-

-

-

-

-

Gains on Sales of Investment Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

88

22

58

0

-

-

-

-

-

-

-

-

Net Gain on Sales of Other Real Estate Owned and Repossessed Assets

4

0

-100

64

30

0

0

7

12

22

357

0

0

-58

0

30

19

1

0

277

7

-

-

-

-

Noncash Expense for Stock-Based Compensation

145

93

77

76

77

121

122

120

119

103

87

86

85

91

88

87

87

15

0

0

0

-

-

-

-

Decrease (Increase) in Accrued Interest Receivable

-23

-106

-376

106

237

-266

164

687

145

135

222

-14

-77

218

-165

153

-185

152

-133

38

-173

795

17

-146

11

Net (Gain) Loss on Disposal of Fixed Assets

17

-

0

8

-6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valuation Adjustment on Foreclosed Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-566

0

0

0

0

-

-

-

-

(Decrease) Increase in Taxes Payable

-1,165

152

-277

81

455

-151

960

-1,899

-15

463

935

742

-2,485

-1,406

-482

658

947

2,960

202

462

-553

-481

23

-42

-77

Payments on Operating Leases

110

-

-

-

103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) Increase in Accrued Interest Payable

-124

62

38

117

176

-27

85

87

19

17

75

-36

40

39

9

-23

4

-7

-49

-33

46

-

-

-

-

Net Payment of Federal and State Income Taxes

-

-

-

-1,350

-15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Payment of Federal/State Income Taxes

-

-

-

-

-

-

-

-

-30

-

-860

-1,465

-30

-

-665

-1,430

-20

-

-

-

0

-

-

-

-

Other, Net

-414

211

1,299

-3,679

2,828

-1,126

859

-3,571

2,144

2,995

-235

-630

-3,419

1,600

-182

-1,648

1,411

2,667

174

-115

-108

6,937

-104

3

733

NET CASH PROVIDED BY OPERATING ACTIVITIES

3,590

5,165

4,904

6,539

1,262

6,634

3,221

2,655

1,148

2,197

2,801

2,772

3,833

-

-

-

-

-

-

-

-

-

-

1,216

695

NET CASH PROVIDED BY OPERATING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,624

2,802

-

3,227

42,975

3,050

-

-

-

-

INVESTING ACTIVITIES
Proceeds From Principal Repayments and Maturities

46,498

19,799

18,787

11,802

3,901

4,844

6,801

3,611

1,212

2,680

7,095

1,457

3,131

4,935

22,129

19,703

17,191

5,136

10,650

10,615

10,803

23,119

6,151

15,349

18,013

Purchases of Debt and Marketable Equity Securities

19,824

17

16,854

22,384

10,947

10,158

0

25

1,044

12,318

14,559

3,396

14,391

17,833

24,647

20,737

14,651

0

14,487

7,537

6,252

42,638

110

5,087

4,309

Proceeds from Sales of Securities

-

0

16,788

1,910

10,762

-

-

-

-

1,195

8,040

409

3,194

428

114

302

0

-

-

-

-

-

-

-

-

Proceeds From Principal Repayments and Maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-35

35

0

495

Net Increase in Loans

18,861

22,741

-1,866

27,242

-3,845

11,812

9,650

15,361

38,165

41,109

21,911

7,936

-6,434

3,371

493

-4,569

4,648

16,971

4,349

10,753

6,092

285,120

13,551

3,532

6,214

Purchase of Premises and Equipment

17

-

-

-

-

-102

787

1,854

1,888

401

294

1,489

1,661

1,312

948

175

106

239

128

64

173

6,110

268

55

131

Asset Acquisition of a Customer List

-

0

0

0

900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds From a Claim on Bank-Owned Life Insurance

-

-

-

-

-

0

-1

1

950

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds From Sales of Other Real Estate Owned and Repossessed Assets

22

12

350

0

773

0

0

50

164

258

357

0

0

1,694

0

0

175

815

0

0

15

2,337

49

0

59

Decrease in Restricted Equity Securities

-66

-39

-71

-88

-55

-42

-695

-1,862

2,168

629

84

60

-97

-38

449

19

-590

1,173

-418

118

-438

1,336

80

74

130

NET CASH PROVIDED BY INVESTING ACTIVITIES

7,884

-2,890

20,246

-35,880

7,489

-17,882

-2,942

89,230

-40,939

-50,324

-21,356

-11,015

-3,196

-

-

-

-

-

-

-

-

-

-

6,601

7,783

NET CASH USED IN INVESTING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,643

-1,449

-

-7,896

-7,357

-1,261

-

-

-

-

FINANCING ACTIVITIES
Net (Decrease) Increase in Deposits

-11,719

-7,549

18,805

1,638

18,807

23,767

38,331

-11,791

-18,613

10,970

35,315

1,598

27,243

19,870

3,082

-14,684

10,651

-10,647

-5,509

-13,983

11,944

206,736

16,076

-14,101

8,448

Net Increase (Decrease) in Short-Term Borrowings

4,396

1,453

1,388

-2,959

-290

-601

-15,599

-68,117

55,660

14,943

-788

622

-2,199

-6,588

2,085

8,947

-9,865

4,540

5,091

-1,196

-22,671

30,529

1,242

1,363

-1,834

Principal Payments on Other Borrowed Funds

-3,000

-3,000

0

0

-3,000

-3,257

-41

0

-3,500

0

0

0

-3,500

0

0

0

0

0

-14,024

-56

-1,056

-29

0

0

-1,000

Proceeds from Long-Term Borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,000

0

0

15,000

-

-

-

-

Cash Dividends Paid

1,297

1,304

1,304

1,303

1,304

1,246

1,191

1,191

901

899

900

899

899

898

898

898

898

896

855

855

855

855

494

493

491

Treasury Stock, Purchases at Cost

-1,908

-

-

-

-

-19

0

-271

-27

-34

24

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of Stock Options

-64

-

-

-

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury Stock, Purchases at Cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,896

Exercise of Stock Options

-

-

-

-

-

0

0

181

32

24

-24

0

31

0

0

0

0

-

-

-

-

0

0

150

56

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,635

-112

-

-15,297

-16,090

2,362

-

-

-

-

NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES

-13,592

-10,471

18,889

-2,624

14,235

18,644

21,500

-81,189

32,651

25,004

33,627

1,321

20,676

-

-

-

-

-

-

-

-

-

-

-13,081

2,283

(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

-2,118

-8,196

44,039

-31,965

22,986

7,396

21,779

10,696

-7,140

-23,123

15,072

-6,922

21,313

-662

1,731

632

1,241

-4,124

-19,966

19,528

4,151

-20,480

10,317

-5,264

10,761

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for:
Interest on deposits and borrowings (including interest credited to deposit accounts of $1,799 and $1,538, respectively)

1,920

1,967

1,965

1,846

1,686

1,765

1,508

1,431

1,080

888

784

851

755

-

-

-

-

-

-

-

-

-

-

-

-

Interest on deposits and borrowings (including interest credited to deposit accounts of $1,968 and $1,686 respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

700

724

699

-

708

704

674

-

426

476

470

Income taxes

-

525

895

1,350

15

0

30

790

30

895

860

1,465

30

605

665

1,430

20

835

1,230

172

31

-

-

-

-

Transfer of loans to loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,149

-

-

-

-

Real estate acquired in settlement of loans

76

-

-

-

-

-

-

-

-

152

14

0

155

0

0

0

3,236

111

0

124

307

-

-

-

-

Transfer of real estate acquired in settlement of loans to premise and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,350

0

0

0

0

-

-

-

-

Securities sold not settled

2,450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right of use asset recognized

23

0

1

0

1,706

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability recognized

23

-

-

-

1,712

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash Transactions Related to FWVB Acquisition

-

-

-

-

-

-

-

-

-

-

0

-791

791

-

-

60

0

-

-

-

-

-

-

-

-