Century bancorp inc (CNBKA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

39,699

36,213

22,301

24,534

-

-

-

-

-

-

-

Net income

-

-

-

-

23,021

21,860

20,046

19,039

16,693

13,574

10,160

Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Mortgage loans originated for sale

-

-

-

-

-

-

-

20,149

22,664

-

-

Mortgage loans originated for sale

-

-

-

-

-

-

-

-

-

-

374

Proceeds from mortgage loans sold

-

-

-

-

-

-

-

14,457

19,697

-

379

Gain on sales of mortgage loans

412

-

370

1,331

1,034

757

1,564

297

422

-

5

Gain on sale of loans

-

-

-

-

-

-

-

-

238

-

-

Gain on sale of fixed assets

-

-

11

-

-

5

1

1

-

7

70

Net loss on other real estate owned

-79

-

-

-

-

-

-

-

-

-

-

Net gains on sales of securities

61

302

47

64

594

450

3,019

-

-

-

-

Net loss (gain) on equity securities

92

-67

-

-

-

-

-

-

-

-

-

Net gains on sales of securities

-

-

-

-

-

-

-

1,843

1,940

1,851

2,734

Provision for loan losses

1,250

1,350

1,790

1,375

200

2,050

2,710

4,150

4,550

5,575

6,625

Deferred income taxes

-2,135

-1,766

6,918

-4,676

-3,259

-3,613

-2,929

-2,104

-953

-1,546

-2,294

Net depreciation and amortization

-2,382

885

3,047

3,561

3,296

2,937

5,358

6,445

5,558

4,955

6,035

Decrease (increase) in accrued interest receivable

-1,296

3,227

1,534

1,643

1,761

-298

728

-211

-579

795

-917

Decrease in prepaid FDIC assessments

-

-

-

-

-

-

2,773

1,562

1,794

2,629

-8,757

Decrease in prepaid FDIC assessments

-

-

-

-

-

-

-

1,562

1,794

2,629

-8,757

Gain on sales of other real estate owned

-

-

-

-

57

60

-

1

-8

-

-

Write down of other real estate owned

-

-

-

-

-

-

-

-

117

-

-

Gain on sale of other real estate owned

-

-

-

-

-

-

-

-

-

127

-

(Increase) decrease in other assets

-8,532

-2,326

16,310

2,953

10,862

2,849

5,693

3,113

4,456

1,417

3,822

Increase in other liabilities

2,075

5,242

5,802

3,203

2,103

2,976

4,043

1,070

503

-849

2,003

Net cash provided by operating activities

-

-

-

-

11,053

22,387

20,996

-

-

-

-

Net cash provided by operating activities

47,849

40,788

21,586

22,006

-

-

-

19,426

18,826

20,141

8,063

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities of short-term investments

-

-

5,284

-

-

-

-

-

-

-

-

Proceeds from maturities of short-term investments

-

-

-

-3,233

-

-

-

-

-

-

-

Purchase of short-term investments

-

-

2,101

3,183

1,102

2,131

9,617

37,413

25,539

227,162

196,332

Maturities of short-term investments

-

-

-

-

-

4,617

22,367

38,397

121,106

131,762

221,628

Proceeds from redemptions of Federal Home Loan Bank of Boston stock

14,380

18,388

10,127

10,381

891

680

284

385

-

-

-

Purchase of Federal Home Loan Bank of Boston stock

15,877

14,583

10,864

2,616

4,782

7,524

3,210

-

-

-

-

Proceeds from calls/maturities of securities available-for-sale

144,739

215,406

259,388

277,657

206,109

153,832

256,420

532,734

722,403

610,975

327,615

Proceeds from sales of securities available-for-sale

16,285

27,517

18,180

2,376

47,853

40,285

224,045

294,881

75,615

41,251

94,142

Purchase of securities available-for-sale

85,123

183,588

175,147

375,608

210,302

176,224

543,072

998,955

1,140,194

914,944

566,680

Proceeds from calls/maturities of securities held-to-maturity

458,915

234,741

293,221

416,599

414,786

267,486

121,121

88,628

119,315

154,445

94,069

Purchase of securities held-to-maturity

757,997

576,140

337,773

627,670

444,969

181,411

344,455

185,346

68,863

167,442

128,373

Net increase in loans

162,415

110,874

278,242

265,732

467,048

111,528

245,670

123,183

82,793

33,315

46,385

Proceeds from sales of securities held-to-maturity

1,193

-

-

192

3,698

0

0

-

-

-

-

Proceeds from life insurance policies

5,461

375

115

-

-

-

-

-

-

-

-

Proceeds from sales of portfolio loans

22,120

-

26,701

74,668

66,600

44,501

93,337

-

4,000

-

-

Bank owned life insurance purchases

33,664

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate owned

2,146

-

-

-

1,973

615

-

1,584

802

555

-

Proceeds from sales of fixed assets

-

-

11

-

-

5

1

1

-

13

100

Capital expenditures

13,144

3,601

3,244

2,263

2,652

3,104

1,820

4,300

2,692

2,281

1,257

Net cash used in investing activities

-

-

-

-

-388,945

30,099

-430,269

-

-

-

-

Net cash used in investing activities

-402,981

-392,359

-194,344

-491,966

-

-

-

-392,587

-276,840

-406,143

-201,473

CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in time deposits

-5,132

-64,782

147,002

4,933

90,281

921

-37,759

-13,518

16,241

124,622

-34,234

Net increase in demand, savings, money market and NOW deposits

-1,721

554,779

116,747

573,225

247,188

20,831

308,525

334,007

206,320

75,414

470,694

Net payments for the repurchase of stock

-

-

-

-

-

-

-

-

-

-

107

Net proceeds from the exercise of stock options

-

-

-

-

-

361

43

304

52

150

-

Cash dividends

2,207

2,203

2,200

2,201

2,200

2,196

2,191

2,186

2,180

2,173

2,170

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

111,805

-4,750

-23,290

-15,570

-14,510

-2,080

23,050

48,070

34,770

-10,195

6,235

Net (decrease) increase in other borrowed funds

168,577

-145,400

54,778

-75,000

-27,500

140,356

60,000

-48,999

22,025

-11,906

-4,534

Net cash (used in) provided by financing activities

-

-

-

-

293,259

158,193

351,668

-

-

-

-

Net cash provided by financing activities

271,322

337,644

293,037

485,387

-

-

-

317,678

277,228

175,912

435,884

Net increase in cash and cash equivalents

-83,810

-13,927

120,279

15,427

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-84,633

210,679

-57,605

-55,483

19,214

-210,090

242,474

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid (received) during the period for:
Interest

63,345

44,289

27,731

22,668

-

-

-

-

-

-

-

Income tax refunds

6,504

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

19,979

19,168

18,812

19,597

22,799

24,930

32,202

Income taxes

-

590

5,330

3,730

4,300

4,493

4,008

3,348

3,109

3,580

2,858

Change in unrealized gains (losses) on securities available-for-sale, net of taxes

-314

109

505

-321

-323

1,122

-

4,011

4,726

-

-

Change in unrealized gains (losses) on securities available-for-sale, net of taxes

-

-

-

-

-

-

-13,375

-

-

-

-

Change in unrealized losses on securities transferred to held-to-maturity, net of taxes

753

1,086

1,034

2,812

3,583

3,188

1,886

-

-

-

-

Pension liability adjustment, net of taxes

5,789

-4,937

1,384

-673

2,037

8,318

-5,626

1,839

3,667

-

-

Transfer of loans to other real estate owned

-

2,225

-

-

1,916

555

-

400

2,110

428

-

Transfer of securities available-for-sale to held-to-maturity

-

-

-

-

-

-

987,037

-

-

-

-

Change in unrealized gains on securities available-for-sale, net of taxes

-

-

-

-

-

-

-

-

-

-536

4,421

Pension liability adjustment, net of taxes

-

-

-

-

-

-

-

-

-

1,259

-77