Tcf financial corporation (CHFC)
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

53,816

114,456

59,934

59,087

73,449

88,156

86,888

68,988

71,596

138,707

40,459

52,014

47,604

47,168

11,484

25,775

23,605

25,504

24,467

19,024

17,835

15,305

16,767

16,236

13,813

14,378

14,993

14,203

13,234

11,662

13,106

13,866

12,374

11,204

11,625

11,033

9,188

Proceeds from issuance of long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

100,000

125,000

100,000

50,000

0

100,000

25,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Other Debt

-

-

-

-

-

-

-

-

-

-

38,000

55,000

107,000

128,000

202,460

2,000

18,558

6,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for Loan and Lease Losses

96,943

14,403

41,318

-561

10,122

18,894

12,046

9,572

6,256

52,665

5,499

6,229

4,050

6,272

4,103

3,000

1,500

2,000

1,500

1,500

1,500

1,500

1,500

1,500

1,600

2,000

3,000

3,000

3,000

5,000

4,500

4,000

5,000

5,100

6,400

7,000

7,500

Net amortization of premiums and discounts on investment securities

-

-

-

-

-

-

-

-4,825

-4,298

-

-5,053

-4,751

-4,129

-4,502

-2,320

-1,398

-1,493

-1,753

-1,495

-1,386

-1,373

-1,314

-1,054

-1,036

-1,093

-1,142

-1,100

-1,091

-863

-1,021

-1,173

-1,320

-1,281

-1,215

-1,096

-889

-824

Share-based compensation expense

5,647

10,589

12,633

4,905

224

3,784

9,962

2,426

1,652

170

7,645

3,194

3,734

6,998

4,674

1,031

749

971

1,046

706

755

1,050

708

619

554

723

750

752

629

560

519

472

314

815

328

129

245

Depreciation and amortization

99,541

-

-

-

56,284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for deferred income taxes

-3,016

58,142

-31,515

4,794

-1,011

25,577

28,936

-883

5,356

-90,237

5,571

12,989

17,948

18,202

5,889

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sales of assets

28,573

-

-

-

14,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans and leases held-for-sale

268,133

-

-

-

80,877

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans and leases held-for-sale, net of repayments

362,680

-

-

-

72,125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sales of loans

-

-

-

-

-

-

-

4,023

1,508

-

6,512

13,905

6,120

6,729

5,526

2,135

1,296

1,454

1,525

1,786

1,589

1,314

1,457

1,033

647

1,067

1,476

2,171

2,394

3,206

2,296

2,247

1,896

1,644

1,165

653

1,555

Proceeds from sales of loans

-

-

-

-

-

-

-

202,165

190,435

-

210,219

199,944

191,531

436,226

167,450

73,917

45,928

52,966

56,346

65,403

54,280

47,873

46,380

37,410

22,080

36,593

46,736

63,703

71,205

79,511

72,867

88,981

73,162

74,042

48,713

31,492

70,094

Valuation change in loans held-for-sale

-

-

-

-

-

-

-

-484

700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans originated for sale, net of repayments

-

-

-

-

-

-

-

213,761

165,823

-

224,840

210,330

142,704

235,266

179,079

76,105

43,972

49,520

59,342

58,665

53,238

43,934

47,941

38,892

20,028

32,838

43,987

55,862

65,996

78,895

73,021

74,279

77,528

76,004

55,886

33,680

52,093

Net gains on sale of investment securities

-

-

-

-

-

-

-

3

0

-

1

77

90

76

16

18

19

18

5

28

579

0

0

0

0

29

0

257

847

0

0

0

0

-

-

-

-

Net (gains) losses from sales/writedowns of other real estate and repossessed assets

-

-

-

-

-

-

-

-169

71

-

-274

171

700

2,062

638

1,965

547

253

850

1,008

570

443

587

477

379

678

1,256

774

235

34

557

636

305

1,234

271

502

201

Investment securities net gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation of premises and equipment

-

-

-

-

-

-

-

4,255

4,129

-

4,455

4,468

4,521

4,345

3,363

2,787

2,775

2,846

2,943

2,760

2,479

2,549

2,193

2,119

2,119

2,161

2,179

2,196

2,177

2,090

2,033

2,036

1,983

1,924

1,950

2,055

2,021

Amortization of intangible assets

-

-

-

-

-

-

-

1,426

1,438

-

1,525

1,526

1,513

3,310

2,397

2,170

2,169

-961

5,618

1,962

1,825

1,134

820

696

695

698

800

993

1,001

1,034

867

1,001

1,067

915

796

935

969

Additions to loan servicing rights

-

-

-

-

-

-

-

-2,284

-1,967

-

-2,324

-2,384

-1,753

-1,911

-1,505

-586

-331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of loan servicing rights

8,236

-638

-10,077

14,597

0

0

2,272

757

-3,029

-8,242

4,651

2,466

1,125

-6,143

1,146

412

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other assets

218,094

-

-

-

95,861

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other liabilities

-405,718

-

-

-

113,978

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

14,106

-

-

-

11,089

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred tax valuation allowance

-

-

-

-

-

-

-

23

49

-

-11

-49

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for amounts related to operating leases

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions to defined benefit pension plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

15,000

0

0

0

12,000

-

-

-

-

Net increase in interest receivable and other assets

-

-

-

-

-

-

-

19,934

-4,436

-

42,184

76,223

29,773

-12,859

25,549

11,550

737

-48

7,380

2,133

9,562

-2,619

-1,206

184

1,319

437

2,791

-2,271

-7,154

8,429

781

955

-14,426

-4,520

4,267

-6,171

-4,323

Net increase (decrease) in interest payable and other liabilities

-

-

-

-

-

-

-

3,389

-9,060

-

32,316

27,147

-19,282

-11,368

-30,942

7,736

-11,875

5,638

7,289

-8,689

-7,038

5,490

-351

-485

1,239

3,200

1,574

5,477

-7,837

8,010

-6,053

9,096

-8,716

2,462

-205

4,116

-7,282

Net cash provided by (used in) operating activities

-499,871

485,835

-51,129

67,121

139,930

153,150

245,144

56,547

108,789

115,721

41,817

11,687

75,733

275,621

-40,429

25,867

19,442

47,762

27,384

20,432

7,471

32,568

18,292

18,545

20,820

26,481

21,622

34,622

6,954

30,992

12,357

42,655

9,162

30,344

9,114

28,985

34,033

Cash flows from investing activities
Proceeds from sales of investment securities available-for-sale

0

-

-

-

205,862

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of and principal collected on investment securities available-for-sale

311,531

336,872

60,866

287,698

50,425

49,439

-37,002

90,659

66,526

-111,496

84,519

82,450

60,885

91,647

62,597

52,247

42,281

71,791

26,287

56,524

57,449

56,745

37,085

43,493

28,426

33,000

39,485

41,309

41,165

79,167

64,068

52,621

72,992

57,640

83,570

82,321

103,482

Purchases of investment securities available-for-sale

412,011

-

-

-

597,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of and principal collected on investment securities held-to-maturity

4,152

-

-

-

2,469

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales and redemptions

-

-

-

-

-

-

-

4,215

0

-

-

-

-

33,626

2,820

4,356

644

2,404

24,724

1

13,172

0

0

0

0

0

0

5,000

33,028

0

0

0

0

-

-

-

-

Purchases

-

-

-

-

-

-

-

343,827

431,670

-

356,055

582,987

102,702

83,045

104,657

0

0

-

-

-

-

-

-

-

-

15,075

12,729

85,295

191,165

21,022

30,138

58,992

81,537

115,954

83,013

106,751

113,996

Proceeds from maturities, calls and principal reductions

-

-

-

-

-

-

-

76,283

8,744

-

10,423

53,931

9,408

19,707

13,708

49,385

8,133

15,118

17,590

46,939

7,542

8,821

8,938

34,432

31,798

13,828

13,664

31,187

7,111

11,774

9,240

25,823

8,515

8,261

13,091

19,432

11,331

Purchases of investment securities held-to-maturity

0

2,815

2,480

728

821

1

-9,053

2,405

8,835

-108,653

23,364

52,712

33,628

81,531

23,197

84,330

16,965

24,531

49,409

132,538

72,748

6,820

19,505

64,553

36,309

4,922

21,596

48,197

34,940

20,300

17,790

47,345

16,599

5,221

9,459

46,831

8,503

Redemption of Federal Home Loan Bank stock

144,000

-

-

-

26,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of Federal Home Loan Bank stock

186,000

-

-

-

38,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans and leases

287,050

-

-

-

194,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan and lease originations and purchases, net of principal collected

1,717,733

-

-

-

521,907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan and lease originations and purchases, net of principal collected

-

-

-

-

-

1,693,512

-1,175,230

367,438

71,952

1,864,469

172,866

399,194

290,438

284,172

190,149

283,899

101,915

59,009

183,770

230,764

20,233

178,286

147,634

150,236

109,965

131,264

191,897

155,152

24,374

114,475

67,172

127,453

21,660

81,674

28,308

75,800

10,702

Proceeds from sales of other assets

16,494

-

-

-

19,644

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate and repossessed assets

-

-

-

-

-

-

-

4,295

3,351

-

5,963

3,872

5,734

11,158

4,461

3,823

2,705

3,376

5,343

4,241

3,693

3,457

3,856

2,682

2,197

4,789

4,327

6,201

2,701

5,554

8,437

6,205

4,145

6,401

4,034

5,263

3,504

Purchases of premises and equipment and lease equipment

23,846

46,136

99,611

-32,328

41,121

-747,730

895,936

3,974

3,484

156,656

1,179

8,165

2,272

7,902

6,299

1,491

2,406

3,453

1,741

1,864

1,469

2,161

8,029

1,631

1,590

3,498

2,490

2,074

602

2,452

2,447

2,749

2,655

3,314

1,904

2,215

1,169

Proceeds from returns of investment in equity method investments

-

-

-

-

-

-

-

3

266

-

0

30

113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-15,177

-

-

-

-2,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-1,561,186

-1,164,228

2,665,275

-136,714

-697,457

-695,545

772,494

-542,189

-437,054

271,497

-445,524

-892,725

-352,900

-300,435

84,998

-259,909

-67,523

5,696

-160,976

-240,910

-12,594

-132,504

-125,289

-135,813

-85,443

-103,142

-171,236

-207,021

-167,076

277,618

-35,802

-151,890

-36,799

-139,022

-21,989

-123,020

-16,053

Cash flows from financing activities
Net change in deposits

1,143,905

-

-

-

141,885

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in interest- and noninterest-bearing demand deposits and savings accounts

-

-

-

-

-

-

-

65,146

182,108

-

474,037

3,717

350,763

-61,746

639,067

-138,839

234,102

-114,672

376,339

-29,525

247,244

-123,659

377,881

-54,687

78,246

-51,694

407,882

-140,566

125,946

-25,799

252,575

-48,553

129,749

-90,928

264,747

-129,697

69,042

Net increase in time deposits

-

-

-

-

-

-

-

518,573

142,906

-

126,841

68,303

-91,538

-337,742

-125,721

-46,631

-40,753

-43,696

-54,107

-66,933

-5,862

-23,744

-38,867

-83,693

30,662

-17,226

-30,762

-52,607

-40,031

-55,669

-37,247

-29,287

-35,222

-22,801

-35,137

-1,598

-18,536

Net change in short-term borrowings

813,425

62,876

-506,276

133,037

355,947

-2,291

-56,251

-66,169

124,871

-1,151,297

-45,445

1,061,132

130,863

391,258

-149,128

272,830

-113,816

67,183

-202,275

121,055

-17,231

66,381

17,664

-55,809

33,803

-30,167

10,600

-489

37,021

-1,008

11,723

-35,334

31,296

1,488

25,698

-9,593

43,490

Proceeds from long-term borrowings

4,150,000

-

-

-

621,328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on long-term borrowings

3,912,310

-

-

-

662,097

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on liabilities related to acquisition and portfolio purchase

0

-

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock

33,098

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common shares sold to TCF employee benefit plans

-

-

-

-

-

0

-1,843

1,606

952

19,901

1,714

61

1,578

-2,023

2,942

271

382

923

88

1,015

447

31

48

296

867

289

196

92

229

9

11

0

240

0

0

0

245

Dividends paid on preferred stock

2,493

-

-

-

2,493

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

34,289

2,948

940

3,943

937

2,934

25,937

926

1,276

Dividends paid on common stock

53,578

53,692

53,395

24,679

24,294

24,574

34,779

20,062

20,075

-7,887

19,965

19,268

19,271

19,096

10,351

9,981

9,961

9,937

9,932

9,150

7,899

7,881

7,878

6,888

6,881

6,863

6,074

5,793

5,791

5,780

5,780

5,503

5,503

5,491

5,491

5,491

5,491

Exercise of stock options

-63

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments related to tax-withholding upon conversion of share-based awards

2,289

385

3,167

-376

3,022

302

1,903

365

4,295

-21,295

5,505

446

20,850

2

311

22

730

7

18

-112

658

0

7

217

477

0

0

7

372

0

0

0

248

-

-

-

-

Net investment by non-controlling interest

7,932

-

-

-

8,038

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

2,111,557

583,750

-1,975,108

289,747

434,292

559,484

-1,138,741

456,729

426,467

-609,848

493,677

1,058,499

244,545

-57,351

279,038

175,628

100,666

-106,206

210,095

41,574

216,041

-99,182

348,841

-124,823

136,220

-105,661

435,767

-199,370

82,713

-91,195

220,342

-122,620

119,375

-120,666

223,880

-147,305

87,474

Net change in cash and due from banks

50,500

-

-

-

-123,235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-28,913

98,202

-

89,970

177,461

-32,622

-82,165

323,607

-58,414

52,585

-52,748

76,503

-178,904

210,918

-199,118

241,844

-242,091

71,597

-182,322

286,153

-371,769

-77,409

217,415

196,897

-231,855

91,738

-229,344

211,005

-241,340

105,454

Supplemental disclosures of cash flow information
Cash paid (received) for:
Interest on deposits and borrowings

76,688

76,681

85,010

59,507

48,276

39,690

42,761

31,537

25,038

34,906

21,218

17,298

12,989

11,650

3,046

5,684

5,080

5,303

5,063

3,166

3,426

3,518

3,586

3,861

3,858

4,159

4,360

4,638

4,890

5,234

5,743

6,305

6,577

7,325

7,789

8,450

8,565

Income taxes, net

1,838

1,810

15,076

-4,569

-140

-5,273

-25,634

5,040

-441

52,193

14,611

19,708

-24,397

0

10,500

11,700

0

8,000

12,650

11,000

9,800

6,000

7,000

12,900

0

6,200

7,250

2,200

3,500

3,690

3,989

9,350

-8,000

-

-

-

-

Noncash activities:
Transfer of loans and leases to other assets

15,983

-

-

-

27,280

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans transferred to other real estate and repossessed assets

-

-

-

-

-

-

-

2,609

2,484

-

2,640

2,051

4,281

6,941

2,659

1,703

1,667

1,918

1,503

2,246

3,662

3,438

3,231

2,541

2,098

1,854

1,445

892

2,191

4,522

3,838

3,135

4,299

5,335

8,472

3,365

2,492

Transfer of loans and leases from held-for-investment to held for sale, net

251,855

346,689

1,837,387

-170,479

170,537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net transfer of loans held-for-sale to (from) loans held-for-investment

-

-

-

-

-

-

-

-1,136

3,307

-

694

1,957

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Closed branch offices transferred to other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

382

0

0

0

0

-

-

-

-