Charter financial corp (CHFN)
CashFlow / TTM
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12
Cash flows from operating activities:
Net income

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net income

0

0

0

-

0

0

0

-

-

-

-

-

0

0

0

-

5,832

5,665

5,559

6,256

0

0

0

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

-350

-350

-150

-900

-1,050

-1,150

-1,000

-250

0

0

0

-

-

-

-

-

-

0

0

-

-

0

0

Provision for non-acquired loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

1,100

1,400

1,400

0

0

0

Provision for acquired loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,010

-1,012

0

0

0

-

-

0

0

Provision for FDIC receivable impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-867

-867

-867

-642

0

0

0

Depreciation and amortization

2,055

1,950

1,854

1,767

1,757

1,800

1,631

1,476

1,443

1,370

1,492

1,523

1,439

1,396

1,355

1,395

1,433

1,472

1,520

1,571

0

0

0

Deferred income tax expense

2,859

2,819

2,770

-55

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion and amortization of premiums and discounts, net

-864

-883

-899

-1,005

-981

-879

-913

-935

-1,029

-1,217

-1,230

-1,331

-1,497

-1,652

-1,870

-2,010

-2,206

-2,419

-2,596

-2,853

0

0

0

Accretion of fair value discounts related to acquired loans

-2,196

-1,793

-1,352

-1,741

-2,346

-3,451

-3,926

-4,371

-4,814

-5,018

-5,553

-5,945

-6,716

-6,860

-6,962

-6,593

-6,082

-6,554

-7,832

-8,922

0

0

0

Accretion of fair value discounts related to FDIC receivable

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-743

-559

-958

-675

0

0

0

Amortization of FDIC loss share receivable

-

-

-

-

-

-

-

-

-

-

-

2,387

4,297

4,551

4,395

3,507

0

0

0

-

-

-

-

Gain on sale of loans

2,241

2,220

2,306

2,418

2,625

2,684

2,501

2,118

1,768

1,601

1,593

1,612

1,519

1,383

1,298

1,103

929

1,037

1,156

1,334

0

0

0

Proceeds from sale of loans

86,017

82,438

86,858

100,316

108,639

111,564

104,896

87,666

69,588

62,593

64,939

64,715

60,646

52,848

48,601

43,420

39,469

42,119

44,973

50,753

0

0

0

Originations and purchases of loans held for sale

84,023

81,097

82,897

97,410

104,875

109,829

103,017

86,590

68,813

59,514

63,430

62,455

58,886

52,761

45,928

42,514

37,829

40,040

42,469

48,584

0

0

0

Gain on sale of mortgage-backed securities, collateralized mortgage obligations and other investments

1

1

248

247

247

260

12

48

48

35

8

-27

-27

173

201

200

230

29

29

249

0

0

0

Write down of real estate owned

98

102

106

29

0

0

0

-

-

-

-

246

422

529

334

523

488

432

1,647

1,683

0

0

0

Gain on sale of real estate owned

306

333

346

624

916

1,065

1,159

900

585

479

444

397

457

457

416

298

246

357

460

581

0

0

0

(Gain) loss on sale of fixed assets

265

270

257

-46

-57

-107

-93

-61

-46

-1

-2

7

3

3

3

0

0

0

0

-

-

-

-

Restricted stock award expense

823

816

819

797

792

786

784

784

784

787

789

792

794

794

793

662

476

291

120

53

0

0

0

Stock option expense

320

321

323

327

333

337

335

330

328

326

328

330

313

313

322

291

226

162

89

69

0

0

0

Increase in cash surrender value of bank owned life insurance

1,340

1,307

1,185

1,195

1,217

1,239

1,237

1,225

1,213

1,207

1,241

1,245

1,251

1,208

1,268

1,252

1,224

1,158

1,046

993

0

0

0

Changes in assets and liabilities:
Increase in accrued interest and dividends receivable

311

350

584

286

164

52

245

-65

-8

16

-3

209

155

116

-86

-269

-526

-675

-296

-512

0

0

0

Decrease (increase) in other assets

-3,838

-6,133

-231

-2,499

-4,234

-3,013

-6,286

-4,240

1,802

2,093

-676

-905

-1,048

-26

2,266

647

7,145

6,186

3,803

6,960

0

0

0

(Decrease) increase in other liabilities

420

-1,192

2,083

2,904

1,061

6,006

606

-4,952

4,136

-484

2,677

8,207

-445

2,316

1,355

1,383

7,981

8,896

5,565

3,485

0

0

0

Net cash provided by operating activities

23,113

22,268

20,406

19,251

21,186

19,419

16,037

8,261

11,432

10,212

14,536

18,547

9,520

9,142

8,348

8,830

3,501

5,294

3,555

-2,546

0

0

0

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

4,513

4,513

6,591

6,578

2,078

22,878

20,800

22,031

22,055

1,231

8,816

14,024

14,532

23,930

16,346

9,906

16,478

7,104

7,104

21,057

0

0

0

Principal collections on investment securities available for sale

29,944

17,596

18,047

17,898

18,613

19,419

19,927

20,133

21,114

23,294

23,870

23,907

0

0

0

-

-

-

-

-

-

-

-

Purchase of investment securities available for sale

24,702

32,298

37,393

30,163

66,778

59,181

54,087

46,442

0

15,209

21,505

39,599

53,873

38,664

34,908

23,863

19,469

64,305

91,854

111,194

0

0

0

Proceeds from maturities or calls of investment securities available for sale

17,239

24,739

28,329

24,107

23,657

16,157

12,400

4,500

0

0

3,095

6,774

12,047

12,299

12,464

15,385

14,212

15,665

13,064

13,531

0

0

0

Proceeds from redemption of Federal Home Loan Bank stock

-

-

-

-

-

-

-

-2,932

-2,932

-1,742

-947

-437

0

0

0

-

-

-

-

-1,377

0

0

0

Net decrease in certificates of deposit held at other financial institutions

-3,721

-5,464

-6,210

-6,966

-12,188

-14,678

-12,936

-10,699

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Principal collections on investment securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net increase in loans receivable

-11,445

14,563

31,706

25,405

36,904

3,193

7,416

-24,075

17,561

41,323

49,046

105,753

87,694

82,769

49,995

25,733

19,854

22,803

8,468

-4,170

0

0

0

Net decrease in FDIC receivable

-

-

-

-

-

-

-

-

-

-

-

-5,266

-5,952

-8,032

-11,459

-15,710

-24,264

-23,316

-20,938

-7,960

0

0

0

Principal reductions of OREO

-

-

-

-

-

-

-

-

-

-

-

58

238

239

220

180

0

0

0

-

-

-

-

Proceeds from sale of real estate owned

2,278

2,911

2,278

3,218

3,690

4,329

4,503

3,631

3,383

3,541

4,940

7,676

9,988

12,325

13,662

14,509

13,612

18,314

19,582

21,802

0

0

0

Proceeds from sale of premises and equipment

943

953

953

259

221

214

214

354

358

355

355

7

550

550

550

547

0

0

0

-

-

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,100

5,600

11,100

11,100

5,000

0

0

0

Purchases of premises and equipment, net of dispositions

676

861

1,113

1,541

1,288

1,245

2,059

1,593

1,618

1,583

459

413

374

257

338

383

0

0

0

-

-

-

-

Purchases of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by (used in) investing activities

50,107

13,856

-2,502

7,216

-44,638

-27,727

-34,465

-3,784

-7,013

-26,556

-24,611

-88,124

-76,162

-40,752

-5,849

25,436

54,853

-410

-12,626

-1,520

0

0

0

Cash flows from financing activities:
Purchase of treasury stock and conversion expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,163

0

0

0

Purchase of treasury stock and conversion expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Repurchase of shares

263

263

263

1

1

122

2,864

13,171

17,854

20,884

21,595

25,505

39,606

65,416

66,213

53,238

0

0

0

-

-

-

-

Issuance of common stock

538

784

782

624

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

4,482

4,179

3,877

3,578

3,281

3,057

2,907

2,875

2,933

3,002

3,085

3,134

3,268

3,561

3,871

4,171

9,857

9,883

8,782

7,684

0

0

0

Net (decrease) increase in deposits

-14,208

9,851

19,977

39,616

39,709

76,764

108,754

89,531

87,111

54,889

42,758

21,662

4,628

-5,260

-36,179

-34,104

-40,171

-176,924

-68,463

-48,964

0

0

0

Principal payments on Federal Home Loan Bank advances

-

-

-

-

-

-

-

114,000

114,000

43,000

17,000

5,000

0

0

0

-

-

-

-

21,000

0

0

0

Net (decrease) increase in advance payments by borrowers for taxes and insurance

-73

48

21

610

466

404

286

418

288

108

146

433

571

299

229

258

247

433

298

402

0

0

0

Net cash (used in) provided by financing activities

-22,467

2,991

13,391

34,021

37,488

69,261

98,396

57,029

61,737

31,111

13,224

456

-42,675

-78,940

-111,035

-96,257

-99,743

-71,767

36,090

56,691

0

0

0

Net increase in cash and cash equivalents

50,754

39,116

31,294

60,488

14,036

60,954

79,967

61,506

66,156

14,766

3,149

-69,119

-109,317

-110,549

-108,536

-61,989

-41,388

-66,883

27,020

52,624

0

0

0

Supplemental disclosures of cash flow information:
Interest paid

7,762

7,291

6,821

6,724

6,744

6,329

6,068

5,141

4,758

4,829

4,849

4,973

5,143

5,313

5,540

5,747

5,751

6,125

6,614

7,160

0

0

0

Income taxes paid

802

2,224

1,618

2,822

5,470

2,200

3,780

2,547

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

0

0

Supplemental disclosure of noncash activities:
Real estate acquired through foreclosure of collateral on loans receivable

360

1,025

1,122

1,354

1,572

2,134

2,070

1,757

2,202

947

2,328

3,237

4,080

6,416

6,795

6,527

0

0

0

-

-

-

-

Write down of real estate owned reimbursed by the FDIC

-

-

-

-

-

-

-

-

-

-

-

-830

-65

1,760

1,127

1,330

0

0

0

-

-

-

-

Gain on real estate sold payable to the FDIC

-

-

-

-

-

-

-

-

-

-

-

1,273

1,651

1,725

1,643

1,349

0

0

0

-

-

-

-

Provision for acquired loan losses reimbursed by the FDIC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Effect of restricted stock awards

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock under stock benefit plan

1,021

1,021

1,021

684

684

684

684

661

661

661

661

561

561

561

561

592

592

592

803

210

0

0

0

Unrealized loss on investment securities available for sale, net

-

0

92

-

-

-1,985

-1,320

499

1,163

-325

-430

1,358

649

2,355

2,438

1,085

1,466

-1,309

-2,096

-2,042

0

0

0