Century bancorp inc (CNBKA)
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

9,666

10,732

10,083

9,466

9,418

9,925

9,581

8,998

7,709

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

6,096

-

6,485

6,242

5,307

5,971

6,166

5,925

4,959

5,623

5,706

5,599

4,932

5,025

5,519

5,026

4,476

4,778

5,682

4,771

3,808

4,189

4,582

4,197

3,725

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,164

42,335

13,666

-

-

-

-

-

-

-

-

Proceeds from mortgage loans sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,209

39,145

10,865

-

-

-

-

-

-

-

-

Gain on sales of mortgage loans

-

258

0

139

15

-

-

-

-

0

0

269

101

-

-

-

-

292

225

418

99

536

133

81

7

326

247

821

170

-

-

-

-

-

-

-

-

Net gains on sales of securities

-

-

-

-

-

0

105

0

197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

354

1,001

781

883

-

529

442

148

-

-

-

-

Net loss (gain) on equity securities

-79

16

-9

32

53

-20

-25

-13

-9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sales of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

695

883

198

164

Provision for loan losses

1,075

550

75

250

375

450

0

450

450

450

450

490

400

200

375

350

450

0

0

0

200

400

600

450

600

460

750

750

750

900

1,250

900

1,100

950

1,200

1,200

1,200

Deferred income taxes

-114

-1,542

-242

-455

104

-496

-284

-306

-680

10,395

-1,898

-414

-1,165

-1,533

-1,351

-694

-1,098

-1,434

-1,006

-644

-175

-965

-1,101

-803

-744

-1,632

-474

-382

-441

-727

-594

-339

-444

71

-149

-454

-421

Net depreciation and amortization

-578

-689

-642

-583

-468

-231

182

342

592

603

784

773

887

1,063

923

846

729

810

847

943

696

600

707

763

867

937

1,363

1,439

1,619

1,607

1,680

1,653

1,505

1,730

1,202

1,215

1,411

Decrease (increase) in accrued interest receivable

-112

-165

-1,380

191

58

1,528

205

1,829

-335

1,253

-383

122

542

2,048

-1,117

1,190

-478

696

25

368

672

-76

-397

376

-201

463

71

-6

200

-55

-6

-222

72

29

-1,061

486

-33

(Increase) decrease in other assets

-2,359

-9,569

-155

3,379

-2,187

-784

-519

2,053

-3,076

14,832

-1,115

903

1,690

-924

449

2,684

744

432

-2,927

8,736

4,621

611

46

1,194

998

1,372

2,118

-1,561

3,764

-190

-2,008

4,526

785

-1,131

-2,985

9,168

-596

Increase in other liabilities

-336

46

1,891

596

-458

417

1,725

174

2,926

1,726

1,650

-67

2,493

-281

2,415

168

901

121

1,350

1,536

-904

792

1,730

-39

493

516

1,174

665

1,688

-2,718

2,517

946

325

-313

581

-513

748

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

6,378

-

8,963

2,195

6,023

3,567

9,982

-1,880

-616

4,864

7,860

4,319

5,344

-

-

4,273

274

-

-

-

-

-

-

-

-

Net cash provided by operating activities

12,263

18,636

12,655

5,526

11,032

9,341

11,438

5,789

14,220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,453

12,020

6,570

5,289

5,690

10,310

-4,302

7,128

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

1,082

-

-

-

-

1,094

0

0

8

1,062

0

0

1,069

1,056

0

7,500

1,061

1,049

15,264

15,047

6,053

1,044

3,130

-12,766

34,131

Maturities of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,056

0

2,500

1,061

6,050

10,000

0

6,317

15,046

6,036

6,214

11,101

2,062

77,852

4,094

37,098

Proceeds from redemptions of Federal Home Loan Bank of Boston stock

6,831

579

8,243

781

4,777

4,769

9,595

560

3,464

2,952

6,461

0

714

105

5,378

0

4,898

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of Federal Home Loan Bank of Boston stock

4,601

6,025

1,129

7,676

1,047

0

4,326

8,522

1,735

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

20,734

29,165

29,207

51,440

34,927

103,484

41,396

38,999

31,527

47,812

44,600

125,821

41,155

71,632

75,512

83,414

47,099

42,300

72,757

56,787

34,265

41,590

41,087

34,998

36,157

28,208

53,909

83,712

90,591

103,294

110,814

173,735

144,891

165,804

305,870

151,196

99,533

Proceeds from sales of securities available-for-sale

-

-

-

-

-

0

9,646

0

17,871

47

18,133

0

0

-

-

-

-

-

-

-

-

-

-

-

-

7,967

52,485

76,023

87,570

23,381

38,498

160,804

72,198

32,491

22,968

7,514

12,642

Purchase of securities available-for-sale

39,719

28,118

4,183

18,791

34,031

74,717

17,486

72,049

19,336

63,370

39,984

20,187

51,606

47,043

40,731

266,739

21,095

41,413

53,199

80,923

34,767

43,271

32,869

55,426

44,658

6,460

54,239

336,944

145,429

344,055

164,797

240,169

249,934

184,509

521,310

258,786

175,589

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

123,723

145,557

117,227

108,104

88,027

47,732

53,714

73,886

59,409

61,268

78,548

90,868

62,537

97,784

105,478

99,883

113,454

104,092

141,237

118,990

50,467

83,953

77,221

64,620

41,692

41,872

41,796

22,642

14,811

18,797

15,620

29,435

24,776

23,607

62,162

7,628

25,918

Purchase of securities held-to-maturity

70,171

330,873

102,231

176,393

148,500

217,316

70,187

118,663

169,974

106,960

9,981

3,369

217,463

185,914

96,064

260,038

85,654

1,264

0

27,568

416,137

18,347

10,163

121,944

30,957

-

-

-

-

10,003

13,621

24,722

137,000

-

-

-

-

Net increase in loans

72,621

63,500

63,128

9,976

25,811

26,907

38,313

34,456

11,198

63,179

78,882

11,854

124,327

82,831

50,719

53,112

79,070

110,133

107,912

234,100

14,903

10,150

45,677

55,574

127

123,429

77,098

21,949

23,194

37,829

37,052

44,590

3,712

23,803

-5,611

25,620

38,981

Proceeds from life insurance policies

-

-

-

-

-

0

0

0

375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of portfolio loans

-

13,249

0

8,186

685

-

-

-

-

0

0

18,802

7,899

-

-

-

-

18,559

12,100

30,880

5,061

31,137

7,282

5,512

570

-

-

-

-

-

-

-

-

-

-

-

-

Bank owned life insurance purchases

6,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

3,084

3,182

7,066

1,552

1,344

701

1,874

518

508

363

1,516

468

897

855

573

439

396

589

543

899

621

1,324

528

616

636

588

574

294

364

991

1,100

1,575

634

364

818

1,191

319

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-280,906

-

22,719

-346,850

-20,772

17,375

85,941

-115,618

-376,643

117,643

36,353

-125,930

2,033

-

-

-214,135

29,241

-

-

-

-

-

-

-

-

Net cash used in investing activities

-44,908

-274,330

-17,911

-28,423

-82,317

-163,656

-17,835

-120,763

-90,105

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-232,626

-60,866

45,272

-144,367

-61,112

-47,178

-94,721

-73,829

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

57,402

22,373

43,126

-52,131

-18,500

-19,307

-104

-35,832

-9,539

18,082

31,869

54,949

42,102

23,728

-5,896

14,342

-27,241

67,006

23,136

828

-689

12,366

-17,410

6,990

-1,025

30,674

-114,942

23,512

22,997

-11,647

12,216

-20,060

5,973

-66,215

172,526

-172,506

82,436

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

104,999

37,885

200,567

-301,336

61,163

461,864

98,378

-33,831

28,368

293,203

4,616

-229,214

48,142

168,377

248,077

38,685

118,086

98,482

34,747

-64,634

178,593

-65,220

-42,483

79,335

49,199

-2,964

161,876

91,808

57,805

113,437

-8,327

167,788

61,109

85,390

56,817

16,194

47,919

Net proceeds from the exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

325

1

3

0

1

0

42

167

7

3

127

46

0

0

6

Cash dividends

553

553

552

552

550

551

551

550

551

550

550

551

549

551

549

551

550

550

551

550

549

550

550

547

549

549

547

548

547

547

547

547

545

545

544

547

544

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

-46,050

-41,190

87,725

55,010

10,260

13,750

-90

-980

-17,430

-69,858

61,508

-22,580

7,640

-32,040

-3,445

-465

20,380

-13,920

-72,060

23,440

48,030

17,260

15,090

-30,640

-3,790

29,280

-29,130

27,210

-4,310

15,330

2,870

30,960

-1,090

10,290

24,100

-10,660

11,040

Net (decrease) increase in other borrowed funds

-58,835

161,767

-242,231

194,271

54,770

-170,228

-134,224

189,776

-30,724

-10,222

-97,500

154,000

8,500

0

-138,000

75,000

-12,000

-64,500

-53,000

177,858

-87,858

58,000

70,000

-5,144

17,500

14,000

64,000

-5,000

-13,000

11,000

-24,409

-32,590

-3,000

51,000

-37,950

32,950

-23,975

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

105,835

-

100,187

127,011

98,675

86,518

-67,728

136,942

137,527

21,888

24,972

49,995

61,338

-

-

136,982

62,987

-

-

-

-

-

-

-

-

Net cash provided by financing activities

56,963

180,282

88,635

-104,738

107,143

285,528

-36,591

118,583

-29,876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

127,740

-18,190

145,554

62,574

79,966

52,759

27,621

116,882

Net increase in cash and cash equivalents

24,318

-75,412

83,379

-127,635

35,858

131,213

-42,988

3,609

-105,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-168,693

-

131,869

-217,644

83,926

107,460

28,195

19,444

-239,732

144,395

69,185

-71,616

68,715

-38,811

-38,416

-72,880

92,502

-109,339

-67,036

197,396

-76,504

24,544

15,891

-71,402

50,181

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

14,711

15,218

16,180

16,485

15,462

13,609

11,587

10,085

9,008

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax refunds

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

6,232

-

5,913

5,488

5,405

5,244

5,089

4,978

4,668

4,873

4,874

4,838

4,583

4,819

4,676

4,723

4,594

4,769

4,806

5,006

5,016

5,221

5,874

6,171

5,533

Income taxes

-

-

-

-275

1,265

0

1,055

-240

-225

500

1,850

2,770

210

1,000

620

1,900

210

520

1,050

2,520

210

1,686

816

1,820

171

1,110

1,348

1,205

345

1,520

475

1,163

190

798

526

1,351

434

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

-1,531

-158

74

232

-462

-86

-164

288

71

78

94

198

135

-173

-110

-352

314

-

-

-

-

-

-

-

-

-

9,584

-19,437

-3,116

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-70

-30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

243

-

-

-

-

-

-

-

-

-

-

-

-

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

164

179

155

203

216

214

238

253

381

178

223

260

373

538

527

763

984

886

935

1,027

735

664

792

808

924

-

-

-

-

-

-

-

-

-

-

-

-

Pension liability adjustment, net of taxes

-360

6,579

-263

-264

-263

-4,060

-292

-292

-293

2,082

-233

-233

-232

54

-242

-243

-242

2,676

-213

-213

-213

8,487

-56

-56

-57

-6,146

867

-174

-173

-

-

-

-

-

-

-

-

Transfer of loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

692

10,019

-

-

-

-

-

-

-

-

Change in due to (from) to broker

5,500

-

-

-10,940

11,740

-

-2,351

-6,763

10,011

-

-

-

-

-

-1,333

1,844

1,336

-

13,194

-15,906

7,142

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of loans to loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-35,777

48,180

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to broker

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,736

-

3,586

3,977

-687

Pension liability adjustment, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162

-

95

95

95

Due to broker

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,423

-

-

-

1,250