Cb financial services, inc. (CBFV)
CashFlow / TTM
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

12,175

14,327

12,080

10,626

8,617

7,052

5,997

5,769

6,600

6,944

7,591

7,102

7,239

7,580

7,315

7,868

8,170

8,420

8,398

7,009

5,508

4,292

0

0

0

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

251

182

167

21

31

-74

-206

-319

-395

-375

-343

-287

-260

-232

-308

-427

-549

-677

-743

-919

-1,047

-1,240

0

0

0

Depreciation and Amortization

3,756

3,728

3,512

3,531

3,494

3,045

2,895

2,541

2,290

2,499

2,908

2,887

3,001

3,092

2,679

2,861

2,714

2,572

2,285

1,704

1,267

763

0

0

0

Provision for Loan Losses

3,200

725

950

800

1,050

2,525

2,975

3,250

2,950

1,870

1,460

1,610

1,610

2,040

2,630

2,480

2,555

2,005

0

0

0

-

-

-

-

Change in Fair Value of Marketable Equity Securities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) Loss on Marketable Equity Securities

-

-

-

-

-

-63

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net Gain on Purchased Tax Credits

41

35

38

40

64

44

19

-6

-54

-57

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income from Bank-Owned Life Insurance

557

550

547

540

533

509

486

467

456

464

464

471

474

478

482

478

476

474

453

392

333

273

0

0

0

Proceeds From Mortgage Loans Sold

11,775

10,999

11,423

13,664

13,940

10,479

9,745

12,171

16,849

20,252

20,834

21,884

21,262

22,838

24,076

24,380

61,382

58,607

58,950

54,078

15,032

16,922

0

0

0

Originations of Mortgage Loans for Sale

11,474

10,733

11,168

13,405

13,685

10,308

9,570

11,911

16,473

19,794

20,345

21,282

20,638

22,179

23,456

23,879

22,844

20,123

20,347

15,532

14,595

16,470

0

0

0

Net Gain on Sales of Loans

301

266

255

259

255

171

175

260

376

458

489

602

624

659

669

624

412

358

428

297

437

452

0

0

0

Net Loss on Sales of Investment Securities

-

-

0

0

0

-

-

-

-

199

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gains on Sales of Investment Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

168

0

0

0

-

-

-

-

-

-

-

-

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

-32

-6

-6

94

37

19

41

398

391

379

299

-58

-28

-9

50

50

297

285

0

0

0

-

-

-

-

Noncash Expense for Stock-Based Compensation

391

323

351

396

440

482

464

429

395

361

349

350

351

353

277

189

102

15

0

0

0

-

-

-

-

Decrease (Increase) in Accrued Interest Receivable

-399

-139

-299

241

822

730

1,131

1,189

488

266

349

-38

129

21

-45

-13

-128

-116

527

677

493

677

0

0

0

Net (Gain) Loss on Disposal of Fixed Assets

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valuation Adjustment on Foreclosed Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-566

-566

-566

-566

0

0

0

0

-

-

-

-

(Decrease) Increase in Taxes Payable

-1,209

411

108

1,345

-635

-1,105

-491

-516

2,125

-345

-2,214

-3,631

-3,715

-283

4,083

4,767

4,571

3,071

-370

-549

-1,053

-577

0

0

0

Payments on Operating Leases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) Increase in Accrued Interest Payable

93

393

304

351

321

164

208

198

75

96

118

52

65

29

-17

-75

-85

-43

0

0

0

-

-

-

-

Net Payment of Federal and State Income Taxes

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Payment of Federal/State Income Taxes

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

0

-

-

-

-

Other, Net

-2,583

659

-678

-1,118

-1,010

-1,694

2,427

1,333

4,274

-1,289

-2,684

-2,631

-3,649

1,181

2,248

2,604

4,137

2,618

6,888

6,610

6,728

7,569

0

0

0

NET CASH PROVIDED BY OPERATING ACTIVITIES

20,198

17,870

19,339

17,656

13,772

13,658

9,221

8,801

8,918

11,603

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

NET CASH PROVIDED BY OPERATING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

51,315

-

0

0

0

-

-

-

-

INVESTING ACTIVITIES
Proceeds From Principal Repayments and Maturities

96,886

54,289

39,334

27,348

19,157

16,468

14,304

14,598

12,444

14,363

16,618

31,652

49,898

63,958

64,159

52,680

43,592

37,204

55,187

50,688

55,422

62,632

0

0

0

Purchases of Debt and Marketable Equity Securities

59,079

50,202

60,343

43,489

21,130

11,227

13,387

27,946

31,317

44,664

50,179

60,267

77,608

77,868

60,035

49,875

36,675

28,276

70,914

56,537

54,087

52,144

0

0

0

Proceeds from Sales of Securities

-

29,460

0

0

0

-

-

-

-

12,838

12,071

4,145

4,038

844

0

0

0

-

-

-

-

-

-

-

-

Proceeds From Principal Repayments and Maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

495

0

0

0

Net Increase in Loans

66,978

44,272

33,343

44,859

32,978

74,988

104,285

116,546

109,121

64,522

26,784

5,366

-7,139

3,943

17,543

21,399

36,721

38,165

306,314

315,516

308,295

308,417

0

0

0

Purchase of Premises and Equipment

0

-

-

-

-

4,427

4,930

4,437

4,072

3,845

4,756

5,410

4,096

2,541

1,468

648

537

604

6,475

6,615

6,606

6,564

0

0

0

Asset Acquisition of a Customer List

-

900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds From a Claim on Bank-Owned Life Insurance

-

-

-

-

-

950

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds From Sales of Other Real Estate Owned and Repossessed Assets

384

1,135

1,123

773

823

214

472

829

779

615

2,051

1,694

1,694

1,869

990

990

990

830

2,352

2,401

2,401

2,445

0

0

0

Decrease in Restricted Equity Securities

-264

-253

-256

-880

-2,654

-431

240

1,019

2,941

676

9

374

333

-160

1,051

184

283

435

598

1,096

1,052

1,620

0

0

0

NET CASH PROVIDED BY INVESTING ACTIVITIES

-10,640

-11,035

-26,027

-49,215

75,895

27,467

-4,975

-23,389

-123,634

-85,891

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

NET CASH USED IN INVESTING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-29,134

-

0

0

0

-

-

-

-

FINANCING ACTIVITIES
Net (Decrease) Increase in Deposits

1,175

31,701

63,017

82,543

69,114

31,694

18,897

15,881

29,270

75,126

84,026

51,793

35,511

18,919

-11,598

-20,189

-19,488

-18,195

199,188

220,773

220,655

217,159

0

0

0

Net Increase (Decrease) in Short-Term Borrowings

4,278

-408

-2,462

-19,449

-84,607

-28,657

-13,113

1,698

70,437

12,578

-8,953

-6,080

2,245

-5,421

5,707

8,713

-1,430

-14,236

11,753

7,904

10,463

31,300

0

0

0

Principal Payments on Other Borrowed Funds

-6,000

-6,000

-6,257

-6,298

-6,298

-6,798

-3,541

-3,500

-3,500

-3,500

-3,500

-3,500

-3,500

0

0

-14,024

-14,080

-15,136

-15,165

-1,141

-1,085

-1,029

0

0

0

Proceeds from Long-Term Borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,000

0

0

0

-

-

-

-

Cash Dividends Paid

5,208

5,215

5,157

5,044

4,932

4,529

4,182

3,891

3,599

3,597

3,596

3,594

3,593

3,592

3,590

3,547

3,504

3,461

3,420

3,059

2,697

2,333

0

0

0

Treasury Stock, Purchases at Cost

0

-

-

-

-

-317

-332

-308

-37

-10

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of Stock Options

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury Stock, Purchases at Cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,896

0

0

0

Exercise of Stock Options

-

-

-

-

-

213

237

213

32

31

7

31

31

0

0

0

0

-

-

-

-

206

0

0

0

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-25,502

-

0

0

0

-

-

-

-

NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES

-7,798

20,029

49,144

51,755

-26,810

-8,394

-2,034

10,093

92,603

80,628

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

1,760

26,864

42,456

20,196

62,857

32,731

2,212

-4,495

-22,113

6,340

28,801

15,460

23,014

2,942

-520

-22,217

-3,321

-411

-16,767

13,516

-11,276

-4,666

0

0

0

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)

7,698

7,464

7,262

6,805

6,390

5,784

4,907

4,183

3,603

3,278

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,784

-

0

0

0

-

0

0

0

Income taxes

-

2,785

2,260

1,395

835

850

1,745

2,575

3,250

3,250

2,960

2,765

2,730

2,720

2,950

3,515

2,257

2,268

0

0

0

-

-

-

-

Transfer of loans to loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Real estate acquired in settlement of loans

0

-

-

-

-

-

-

-

-

321

169

155

155

3,236

3,347

3,347

3,471

542

0

0

0

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

2,350

2,350

2,350

2,350

0

0

0

0

-

-

-

-

Securities sold not settled

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right of use asset recognized

24

1,707

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability recognized

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash Transactions Related to FWVB Acquisition

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-