Capitol Federal Financial, Inc. CFFN Cash Flow

Capitol federal financial, inc. (CFFN)

CashFlow / Quarterly

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	Dec'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
4,276	22,511	22,409	22,897	24,554	24,383	21,389	22,372	23,330	31,836	20,602	21,370	21,587	20,578	20,698	20,551	21,527	20,718	18,785	19,602	19,234	20,472	20,210	19,983	19,688	17,813	16,067	17,995	17,715	17,563	17,736	18,673	19,315	18,789	16,766	17,259	15,636	-11,258
Adjustments to reconcile net income to net cash provided by operating activities:
FHLB stock dividends
1,714	1,826	2,156	1,865	1,831	1,971	1,847	2,819	3,201	3,095	3,080	3,114	3,100	2,939	3,044	3,050	3,006	3,152	3,167	3,132	3,076	3,181	2,678	1,452	1,229	1,196	1,131	1,151	1,105	1,128	1,133	1,111	1,111	1,091	1,081	925	883	902
Provision for credit losses
22,075	225	300	450	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	323	275	173	427	307	160	515	-500	-800	0	233	0	0	1,500	540	1,650	1,240	520	650
Originations of loans receivable held-for-sale (LHFS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	419	906	2,102	2,227	1,405	1,364	1,598	1,919	850	1,641	2,104	1,505	2,682	5,424
Proceeds from sales of LHFS
-	-	-	-	-	-	0	388	393	15,642	6,816	0	0	0	-	-	-	-	-	-	-	-	0	117	428	1,453	1,629	2,659	1,548	1,320	1,440	1,877	1,612	1,595	1,893	1,993	2,702	6,895
Amortization and accretion of premiums and discounts on securities
-328	-228	-283	-222	-349	-388	-672	-745	-831	-902	-992	-1,049	-1,076	-1,362	-1,354	-1,502	-1,197	-1,289	-1,432	-1,464	-1,326	-1,427	-1,551	-1,636	-1,355	-1,511	-1,805	-2,125	-2,221	-2,294	-2,206	-2,177	-2,214	-2,065	-2,552	-2,173	-1,944	-1,431
Depreciation and amortization of premises and equipment
2,278	2,286	2,236	2,197	2,192	2,518	2,183	2,095	2,122	2,058	2,012	1,953	1,940	1,891	1,853	1,813	1,769	1,706	1,790	1,742	1,632	1,680	1,612	1,582	1,583	1,539	1,467	1,399	1,324	1,257	1,367	1,184	1,201	1,199	1,100	1,079	1,110	1,108
Amortization of intangible assets
497	500	550	577	581	608	234	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred amounts related to FHLB advances, net
93	2	2	2	2	2	165	338	332	338	336	359	359	365	363	370	384	751	926	928	1,073	1,269	1,257	1,251	1,551	2,080	2,058	2,015	1,972	2,171	2,419	2,368	2,168	1,842	1,820	1,779	1,737	1,755
Common stock committed to be released for allocation - ESOP
530	582	562	560	547	531	544	535	536	578	576	591	635	634	584	551	514	525	497	503	518	518	498	502	504	510	1,728	1,646	1,640	1,636	1,636	1,619	1,618	1,533	1,532	1,588	1,642	1,260
Stock-based compensation
152	166	200	167	90	95	92	93	93	94	87	89	173	157	161	177	250	533	520	515	535	516	517	512	557	548	510	537	677	909	627	486	30	53	73	55	60	74
Income taxes payable, net
-	-	-	-	-	-	-	-	-5,771	5,909	-	1,021	-8,248	8,899	-86	-1,773	-5,986	9,226	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in:
Unrestricted cash collateral (provided to)/received from derivative counterparties, net
0	0	0	0	0	-9,970	4,630	-640	4,500	2,211	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid federal insurance premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9,825	990	987	1,004	1,002	957	964	944	1,031	1,005	1,738
Accrued interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21	128	-1,773	-	-8	-861	-1,031	-2,035	573	1,842	-1,284
Other assets, net
-2,412	-1,237	-3,258	-1,544	-368	-1,050	-1,268	1,813	-2,937	680	-17	1,144	-1,615	437	-1,319	-135	-270	-83	-1,009	180	-2,216	-833	769	-1,279	-245	-851	-2,855	2,876	-2,464	3,379	-3,236	-547	-1,864	-70	591	1,250	-2,084	-394
Income taxes payable/receivable, net
-8,057	3,808	494	-612	-3,298	5,589	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,561	9,483	-	-941	-3,628	8,335	-4,545	100	-5,047	8,848	-5,619	1,732	-4,509	6,998	3,300	7,162	-1,048	-6,410
Deferred income tax liabilities, net
1,203	597	-	-46	-1	746	-	-358	-176	6,572	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-10,101	-2,312	-3,055	-2,797	-5,719	-8,175	5,004	2,707	-2,441	-5,909	869	-3,526	-4,530	-3,556	-25	-1,914	613	-5,514	2,632	-3,680	-876	-4,291	3,799	-1,832	-2,201	-7,950	3,281	-442	-377	-11,865	1,767	-2,405	-5,099	-4,995	5,620	2,482	-8,907	662
Net cash provided by operating activities
11,566	26,810	25,421	23,388	17,836	14,302	34,101	23,303	23,447	43,312	28,336	18,648	11,507	26,954	22,897	18,362	17,532	26,165	24,406	18,008	15,296	28,899	25,146	22,944	18,594	25,103	27,152	30,826	22,489	21,255	29,277	26,238	21,771	28,952	25,862	33,588	13,078	-6,743
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of AFS securities
138,960	149,359	100,214	113,982	172,506	0	99,174	88,456	122,047	101,782	0	0	1,535	35,890	0	24,940	74,987	0	-	-	-	-	0	0	96,049	24,768	0	29,310	175,045	204,142	75,190	50,000	289,696	273,634	-	-	-	-
Purchase of HTM securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	142,960	1,432	0	24,980	28,343	810	4,702	4,421	128,811	30,896	22,246	0	227,310	193,191	0	43,650	366,668	149,706	204,353	116,985	1,172,026	486,425
Proceeds from calls, maturities and principal reductions of AFS securities
145,892	123,810	112,903	97,124	98,521	51,003	28,520	90,453	62,233	11,760	36,473	11,268	35,628	61,274	137,615	35,687	36,834	116,678	89,131	43,402	37,585	64,676	16,369	41,493	194,692	96,656	96,925	90,721	184,601	345,298	300,605	131,209	141,774	187,947	90,270	54,995	75,698	130,673
Proceeds from calls, maturities and principal reductions of held-to-maturity (HTM) securities
0	0	38,652	42,992	40,816	42,876	51,475	51,090	53,647	56,055	62,311	62,033	67,036	77,309	86,628	80,477	70,911	71,312	87,096	87,136	76,622	79,200	87,526	86,117	75,722	79,068	122,468	131,842	173,716	176,794	184,183	133,103	329,469	389,366	526,720	376,156	337,278	245,632
Proceeds from Sale of Debt Securities, Available-for-sale
-	-	-	-	-	-	0	0	0	2,078	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the redemption of FHLB stock
0	421	94,500	5,458	2,596	94,500	96,260	192,201	3,045	0	94,500	98,950	94,500	98,950	98,950	94,500	94,500	94,500	63,000	47,250	58,500	97,179	0	14,542	4,495	3,350	6,823	0	1,209	3,315	1,643	288	0	2,117	-	-	-	-
Purchase of FHLB stock
0	0	90,691	1,071	2,875	93,324	91,681	94,450	0	91,421	91,335	91,400	91,511	91,405	91,451	91,494	86,848	59,832	44,119	55,424	89,069	2,250	97,500	137	0	2,719	-	-	-	-	2,044	7,304	0	-3,652	-	-	-	-
Net change in loans receivable
69,751	12,844	-89,825	-62,606	45,175	11,898	-24,144	39,244	11,458	10,979	-37,846	47,258	123,225	114,245	118,558	70,708	104,796	41,994	129,538	133,023	105,671	30,075	102,622	79,678	31,029	66,776	166,643	77,379	77,746	33,926	399,960	-10,624	3,960	77,848	-7,600	70,235	-20,092	-42,438
Purchase of premises and equipment
2,615	3,882	2,886	4,263	2,400	2,183	4,699	2,848	2,180	2,034	2,619	2,543	1,985	1,981	3,554	2,854	3,891	4,555	4,626	2,273	2,587	2,536	2,191	1,033	1,493	2,510	7,967	4,569	4,115	2,118	3,498	4,771	2,802	1,546	4,391	4,349	2,378	1,633
Proceeds from sale of other real estate owned (OREO)
402	585	429	562	431	631	79	574	1,153	434	841	1,432	1,593	1,272	1,174	2,703	281	815	1,775	1,428	1,744	1,040	987	1,074	1,634	1,180	2,907	1,912	2,428	3,430	3,392	5,170	2,253	2,330	4,145	4,286	3,109	2,665
Proceeds from bank-owned life insurance (BOLI) death benefit
0	490	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-65,032	-40,779	142,820	89,426	-80,592	81,605	20,609	109,320	-15,607	-135,889	138,017	32,482	-19,499	-4,716	110,804	23,371	-210,173	175,492	12,719	-86,484	-151,156	206,424	-101,728	57,957	19,161	52,585	32,267	110,826	-122,262	95,460	9,131	181,973	-189,630	75,374	110,724	166,647	-1,144,042	-66,650
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash dividends paid
11,733	58,663	11,713	46,154	11,700	65,362	11,430	45,043	11,427	50,412	11,411	44,968	11,386	50,198	11,326	44,585	11,305	44,551	11,385	45,509	11,592	45,676	10,318	45,062	10,513	72,279	10,703	10,796	11,023	114,302	11,402	11,883	12,144	28,339	12,106	12,105	108,943	16,956
Net change in deposits
188,768	3,984	996	-120,240	143,247	-45,490	-72,203	-31,110	87,976	-43,651	42,183	-1,549	76,560	28,656	78,889	-34,700	147,349	139,960	19,332	-24,086	132,262	49,740	410	-38,900	72,854	9,462	-16,990	-65,137	111,410	31,520	-41,794	-64,573	155,866	5,971	-63,401	-152,615	29,088	313,481
Proceeds from borrowings
824,200	362,400	2,475,000	363,700	65,000	2,615,000	2,375,000	6,400,100	4,200,000	4,300,000	600,000	100	0	2,100,000	2,100,000	2,300,100	2,100,000	1,500,000	2,175,100	1,500,000	2,350,000	1,550,000	2,300,100	224,297	170,180	250,000	127,580	472,405	68,980	334,150	300,354	57,314	350,100	250,000	100	344,062	0	300,000
Repayments on borrowings
894,200	412,400	2,475,000	463,700	6,186	2,618,866	2,414,100	6,400,100	4,200,000	4,400,000	400,000	300,100	0	2,200,000	2,200,000	2,300,100	2,100,000	2,300,000	1,495,100	2,300,000	1,550,000	2,350,000	1,500,100	224,297	220,180	250,000	197,580	422,405	118,980	334,150	300,354	57,314	350,100	250,000	126,100	322,671	25,000	300,000
Change in advance payments by borrowers for taxes and insurance
28,022	-38,402	25,917	-8,532	19,895	-36,858	24,988	-14,996	26,892	-35,945	24,081	-15,122	29,387	-37,240	24,741	-14,327	27,913	-37,502	24,387	-13,990	27,723	-34,407	22,669	-14,733	26,239	-33,462	23,060	-15,627	26,141	-31,824	23,411	-17,412	27,358	-32,853	24,119	-17,076	27,133	-34,074
Net proceeds from common stock offering (deferred offering costs)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	827	1,075,585
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,192	22,634	0	7,208	13,810	8,617	50,177	7,029	2,199	17,379	33,338	38,657	-	-	-	-	-	-	-	-
Stock options exercised
25	613	138	762	118	467	12	24	179	46	201	166	3,329	5,147	2,872	899	141	158	-	-	-	-	-	-	-	399	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock options
-	-	-	-	-	-	-	-	-	-	3	5	129	193	56	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	7	0	1
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	213	-25	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
130,867	-142,468	15,338	-274,164	210,374	-151,109	-97,733	-91,125	103,620	-229,962	55,057	-161,468	98,019	-153,442	-4,768	-92,713	164,098	-741,935	688,839	-906,006	948,368	-837,521	798,998	-107,312	-11,585	-102,909	-76,820	-58,939	43,190	-153,263	-69,651	-178,970	141,391	-55,221	-177,388	-160,365	-76,895	1,338,037
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS
77,401	-156,437	183,579	-161,350	147,618	-55,202	-43,023	41,498	111,460	-322,539	221,410	-110,338	90,027	-131,204	128,933	-50,980	-28,543	-540,278	725,964	-974,482	812,508	-602,198	722,416	-26,411	26,170	-25,221	-17,401	82,713	-56,583	-36,548	-31,243	29,241	-26,468	49,105	-40,802	39,870	-1,207,859	1,264,644
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Income tax payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,199	13	9,373	9,203	17,250	23	11,179	10,090	13,404	296	7,457	9,327	14,379	12	9,291	8,940	15,363	3,197	15,146	1,633	8,738	0
Interest payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,080	25,686	25,923	26,565	25,307	25,989	24,876	24,825	24,142	26,738	25,779	28,424	28,146	30,601	30,637	32,630	33,706	38,471	40,961	42,894	42,065	46,412
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Operating lease right-of-use assets obtained
0	15,658	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities obtained
0	15,543	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note received from ESOP in exchange for common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	47,260
Loans transferred to OREO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	840	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred to LHFS
-	-	-	-	-	-	0	0	0	15,814	6,714	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-