CIVISTA BANCSHARES, INC. CIVB Cash Flow

Civista bancshares, inc. (CIVB)

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
Adjustments to reconcile net income to net cash from operating activities
Net cash from operating activities
25,554	17,004	2,153	7,464	12,905	469	14,164	-1,289	6,613	8,998	3,598	-776	8,999	6,391	3,452	-9,766	17,632	698	1,052	322	13,001	-	-	-	-	-	-	-	-	4,420	3,244	5,059	4,170	7,868	5,073	1,997	5,907
Net cash from operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,415	2,731	5,897	-	-	5,159	2,767	-	-	-	-	-	-	-	-
Cash flows used for investing activities:
Maturities and calls of securities, available-for-sale
16,987	16,367	11,801	13,491	12,396	19,697	13,085	5,769	3,563	10,850	8,144	8,474	6,911	10,825	8,580	8,649	6,035	9,195	5,668	11,499	3,371	7,400	9,014	10,638	18,691	8,579	9,328	12,229	20,048	12,306	11,995	23,520	15,600	15,048	15,256	15,658	15,130
Purchases of securities, available-for-sale
20,901	23,468	4,180	16,249	27,749	47,803	69,515	3,708	10,898	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of securities available for sale
0	741	0	-741	17,570	2,604	12,063	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of securities, available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,518	0	0	3,075	15,013	0	928	7,242	516	0	0	7,610	5,372	10	0	0	300
Purchases of securities, available-for-sale
-	-	-	-	-	-	-	-	-	-	8,561	14,286	34,158	-	12,835	8,252	10,043	7,522	6,056	8,057	8,137	3,942	11,972	5,958	36,495	9,155	12,024	20,081	23,035	7,099	10,822	30,855	28,314	12,141	14,893	20,949	28,782
Purchases of other securities
-	-	-	-	-	-	-	-	-	0	22	153	17	129	192	184	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of other securities
-	0	0	0	741	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of equity securities
247	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of Federal Reserve stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	11	9	107	10	17	-	-	-	-	0	0	0	83
Purchase of Federal Reserve stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63	0	97	-	-	-	-	-	-	-	-	0	49	50	86	0	70	51	6
Purchases of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	885	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of bank owned life insurance
-	0	0	0	955	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,000
Net loan originations
34,044	60,724	49,758	25,605	10,988	46,470	37,425	26,125	-10,743	23,059	41,360	25,974	19,344	8,737	19,366	20,843	3,076	799	823	16,472	-7,869	28,156	18,045	10,608	-3,247	40,440	11,992	3,978	-8,138	15,792	31,144	12,076	-19,874	11,122	13,881	18,363	-13,401
Proceeds from sale of premises and equipment
10	-	-	-	-	952	0	237	1	0	0	0	139	-	-	-	-	-	-	-	-	-28	1,129	14	167	-12	12	0	118	15	-1	0	6	-	-	-	-
Loans purchased, installment
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-241	824	1,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	851	2,340	635	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of OREO properties
-	-	-	-	-	0	0	28	6	15	0	50	22	95	132	20	86	576	110	144	35	158	96	23	72	64	265	173	197	301	247	522	279	541	277	358	150
Premises and equipment purchases
135	1,472	1,078	435	216	948	232	187	105	260	220	131	404	1,145	925	241	126	1,066	206	442	285	228	30	45	182	698	28	269	160	203	103	420	179	142	249	596	257
Net cash used for investing activities
-37,836	-68,554	-43,215	-29,539	-9,201	-75,215	61,773	-23,986	3,310	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,466	-29,877	-11,749	12,552	-7,852	-13,560	-23,895	-4,981
Cash flows from financing activities:
Net change in short-term FHLB advances
84,500	79,600	-59,800	800	66,500	-48,500	11,100	-96,200	1,900	-15,150	6,550	-48,300	31,000	-13,500	12,300	-29,800	53,700	1,000	-16,900	-37,800	42,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in deposits
313,175	46,143	-99	-133,081	185,908	2,138	-44,361	-144,499	85,748	3,634	36,401	-146,565	190,350	-13,050	19,146	-164,773	227,747	-3,926	-19,847	-121,510	141,529	-11,716	1,498	-65,684	102,345	17	4,253	-27,611	39,427	11,152	17,983	-21,881	17,889	-10,516	31,463	-27,323	15,159
Net cash provided (used) for investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-46,851	-	-21,980	-20,566	-11,282	2,800	-2,221	-19,048	6,565	-26,090	-20,775	-5,154	3,523	-	-	-4,674	5,839	-	-	-	-	-	-	-	-
Repayment of FHLB borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	9	8	-	8	8	8
Repayment of long-term FHLB advances
-	-	-	-	-	0	0	0	10,000	0	0	0	2,500	-	-	-	-	0	0	0	5,000	0	30,000	217	9	35	2,483	9	8	-	-	-	-	32	0	0	22,500
Proceeds from long-term FHLB advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	22,500
Net proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	0	0	-8	32,829	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in securities sold under repurchase agreements
4,025	3,586	-466	-6,416	-229	3,684	4,285	-3,222	-4,303	6,607	2,418	-10,944	-5,251	7,212	3,988	-6,547	-768	4,153	3,427	-4,028	-125	1,485	2,247	-68	-2,104	-757	1,389	-655	-3,143	2,694	4,415	-3,641	722	-254	127	-2,328	-358
Purchase of treasury shares
11,095	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common dividends paid
1,835	2,349	1,722	1,719	1,404	2,345	971	719	714	1,956	610	610	506	1,995	475	392	392	1,969	393	392	385	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of series A preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,857	-	-	-	0	-	-	-	-	-	-	-	-
Decrease in U.S. Treasury interest-bearing notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,339	-680	-267	616
Preferred dividends paid
-	-	162	164	164	-	192	299	303	-	308	308	319	-	374	391	391	-	391	391	404	-	406	98	963	-	598	598	521	521	521	521	521	521	290	289	290
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	183,603	-	9,985	-142,303	172,496	-1,556	-304	-88,521	92,915	27,977	-8,346	-66,761	76,412	-	-	-28,873	35,755	-	-	-	-	-	-	-	-
Net cash provided by financing activities
219,770	37,866	53,442	-92,180	117,611	52,771	-52,339	-52,539	68,528	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,316	11,305	-26,052	18,082	-33,638	51,972	-29,681	13,887
Increase in cash and due from financial institutions
207,488	-	-	-	121,315	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash and due from financial institutions
-	-	-	-	-	-	-	-77,814	78,451	-	-6,121	-142,931	145,751	3,466	-8,543	-172,635	178,846	1,942	-1,473	-107,247	112,481	5,730	-26,706	-69,184	85,832	-15,739	-12,011	-28,388	44,361	7,270	-15,328	-32,742	34,804	-33,622	43,485	-51,579	14,813
Cash paid during the period for:
Interest
2,885	3,293	3,596	3,184	2,834	2,916	1,981	1,392	1,462	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	879	-	827	801	814	852	806	825	837	880	985	1,114	1,155	1,156	1,221	1,253	1,306	1,445	1,484	1,640	1,688	1,825	1,849	1,881	2,049
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	1,200	2,150	2,550	0	1,400	1,900	350	0	795	200	750	0	0	0	1,010	0	-	-	300	0	1,600	-1,600	1,600	0
Supplemental cash flow information:
Change in fair value of swap asset
-14,085	-	-	-	-2,073	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of swap asset liability
14,085	-	-	-	2,073	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of loans from portfolio to other real estate owned
-	-	-	-	-	-	-	-	-	16	0	0	78	29	0	64	9	48	98	67	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of premises to held-for-sale
-	-	-	-	-	-	-	-	-	0	0	0	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of loans held-for-sale to portfolio
-	-	-	-	-	0	0	0	85	-	0	0	419	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities purchased not settled
-	-	-	1,041	1,061	-12,207	11,852	-409	1,264	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of preferred stock to common stock
-	-	-	-	-	1,514	2,372	3,784	324	199	11	140	1,242	-	-	-	-	0	0	36	823	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in right-of-use asset on leases
-	-	85	-251	-2,201	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in lease liability
-	-	-85	251	2,201	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of UCB
Transfer of loans from portfolio to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89	-	-	88	99	-	-	65	79	503	97	128	452
Noncash assets acquired:
Loans receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-386	386	76,444	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	716	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premises and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	1	1,738	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Core deposit intangible
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,009	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-793	793	472	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non cash assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,180	1,180	80,573	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed:
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	86,869	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	86,874	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net noncash liabilities acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,180	-1,180	6,301	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of FHLB stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,999	-	-	-	-	-	-	-	-	-	-	-	-
Cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	926	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-