Cbtx, inc. (CBTX)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash flows from operating activities:
Net income

7,541

12,636

13,076

14,315

10,490

14,112

13,023

11,042

9,112

1,957

10,047

8,705

6,862

Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Provision for credit losses

5,049

-148

579

807

1,147

-2,169

-1,142

690

865

1,050

-1,654

-694

960

Depreciation expense

775

795

773

811

824

826

831

827

825

862

835

885

818

Amortization of intangibles

221

216

221

225

232

237

245

248

255

263

267

271

278

Amortization of premiums on securities

368

313

347

278

256

250

267

283

291

329

340

312

313

Amortization of lease right-to-use assets

349

356

328

330

329

-

-

-

-

-

-

-

-

Accretion of lease liabilities

133

137

135

131

131

-

-

-

-

-

-

-

-

Earnings on bank-owned life insurance

416

430

430

3,721

430

456

443

465

451

460

459

335

326

Stock-based compensation expense

557

682

608

567

545

447

415

347

392

273

40

7

9

Deferred income tax provision

158

-318

-903

-1,058

622

-181

-724

-328

499

2,397

201

82

252

Net gain on sales of assets

123

305

190

69

88

168

152

210

130

-7

828

339

364

Earnings on securities

24

1

1

7

9

12

30

6

6

6

19

19

6

Valuation adjustments on repossessed real estate and other assets

-

-

-

-

-

-

-

-

-

0

290

0

51

Change in operating assets and liabilities:
Loans held for sale

-670

1,347

-1,487

505

820

-523

-303

369

-1,464

936

-242

-234

-40

Other assets

6,625

-865

-598

1,685

-303

-353

414

1,257

-2,312

-1,216

4,731

205

-564

Other liabilities

1,759

-1,060

3,462

5,070

-3,517

386

1,588

2,902

-7,726

1,671

4,784

-2,073

1,377

Total adjustments

2,851

-749

6,530

267

-475

36

744

2,662

-1,410

6,619

-692

-1,874

3,966

Net cash provided by operating activities

10,392

11,887

19,606

14,582

10,015

14,148

13,767

13,704

7,702

8,576

9,355

6,831

10,828

Cash flows from investing activities:
Purchases of securities

160,580

164,305

175,602

158,039

153,962

159,666

160,655

89,874

85,675

87,555

89,436

79,147

99,387

Proceeds from sales, calls and maturities of securities

153,005

150,001

172,493

150,000

153,056

150,002

158,790

75,160

78,890

76,482

85,572

75,602

79,628

Principal repayments of securities

9,522

10,689

8,497

6,571

4,969

5,242

6,323

5,536

4,861

5,484

5,805

4,643

4,760

Net increase in loans

30,168

-34,355

34,659

128,874

97,639

-16,492

54,636

63,758

45,514

113,234

9,867

-5,389

69,318

Sales of loan participations

-

-

-

-

-

5,050

5,871

27,500

7,500

15,241

5,848

19,044

5,934

Purchases of loan participations

2,500

558

500

0

1,256

3,828

11,007

13,446

7,000

14,400

2,794

1,092

205

Proceeds from sales of Small Business Administration loans

508

2,406

311

888

818

0

438

1,297

237

0

0

1,605

568

Net contributions to equity investments

-97

2,510

-298

-3,857

-2,039

2,075

-63

-2,363

-449

-134

-3

-104

79

Redemption (purchases) of bank-owned life insurance

-

-

-

-

-

0

0

0

1,700

-

-

-

-

Net purchases sales of premises and equipment

143

-

-

-

-

384

256

299

354

-2,684

72

148

479

Proceeds from sales of repossessed real estate and other assets

-

38

58

25

20

198

137

326

393

664

10

232

1,668

Proceeds from insurance claims

-

0

0

-545

653

-

-

-

-

-

-

-

-

Proceeds from sales of premises and equipment

-

-

-

-

-

-

-

-

-

-

2,397

0

580

Net cash used in investing activities

-30,453

36,187

-30,310

-98,931

-96,686

15,468

-54,858

-59,521

-48,811

-117,745

-2,540

11,024

-76,172

Cash flows from financing activities:
Net increase in noninterest-bearing deposits

10,680

-11,859

-4,567

-27,885

46,114

38,073

30,830

-6,366

10,732

58,034

20,890

37,026

-31,586

Net decrease in interest-bearing deposits

-70,835

119,920

9,987

15,793

-61,397

38,129

97,976

-32,062

-14,002

-9,689

16,953

-18,687

-10,729

Net increase (decrease) in securities sold under agreements to repurchase

930

-723

403

-795

-898

1,147

-97

587

-664

-714

60

-285

121

Repayments of note payable

-

-

-

-

-

-

-

-

-

24,357

1,107

1,108

1,107

Redemption of trust preferred securities

-

0

0

0

1,571

-

-

-

-

-

-

-

-

Dividends paid on common stock

2,501

2,527

2,492

2,493

1,245

1,253

1,243

1,242

1,241

1,103

2,206

0

1,103

Payments to tax authorities for stock-based compensation

35

220

0

17

2

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

16

0

-1

7

115

-

-

-

-

-

-

-

-

Repurchase of common stock

5,360

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-67,105

34,591

33,327

74,610

-18,884

70,814

77,466

11,167

-5,175

86,790

34,590

16,963

-44,404

Net decrease in cash, cash equivalents and restricted cash

-87,166

82,665

22,623

-9,739

-105,555

100,430

36,375

-34,650

-46,284

-22,379

41,405

34,818

-109,748