Columbia banking system, inc. (COLB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows From Operating Activities
Net Income (Loss) Attributable to Parent

194,451

172,882

112,828

104,866

98,827

81,574

60,016

46,143

48,037

30,784

-3,968

Adjustments to reconcile net income to net cash provided by operating activities
Provision for Loan and Lease Losses

3,493

14,769

8,631

10,778

8,591

6,727

-101

39,367

5,752

47,346

63,500

Stock-based compensation expense

9,271

8,354

7,745

5,009

4,090

2,859

2,844

1,622

1,635

1,424

1,038

Depreciation, amortization and accretion

34,213

32,971

31,101

34,542

30,312

44,459

40,431

57,305

46,121

11,352

7,540

Net realized gain on FDIC assisted bank acquisitions

-

-

-

-

-

-

-

-

1,830

9,818

0

Available-for-sale Securities, Gross Realized Gain (Loss)

2,132

-89

-11

1,181

1,581

552

462

3,733

-2,816

58

1,077

Net realized (gain) loss on sale of premises and equipment and OPPO

7,317

-316

139

-157

-573

-564

48

456

-79

33

94

Net realized loss on sale and valuation adjustments of OREO

602

-1,218

-495

-629

2,152

1,870

8,504

-

-

-

-

Gain on sale of merchant card services portfolio

0

0

14,000

0

0

-

-

-

-

-

-

Gain on bank owned life insurance death benefit

3,051

0

4,193

0

0

-

-

-

-

-

-

Termination of FDIC loss share agreements charge

0

0

2,409

0

0

-

-

-

-

-

-

Net realized gain on sale of branches

-

-

-

-

-

565

0

0

-

-

-

Originations of loans held for sale

210,484

133,945

133,460

110,467

75,689

23,344

43,046

-

-

-

-

Proceeds from sales of loans held for sale

196,615

135,862

133,540

109,130

72,296

23,573

44,874

-

-

-

-

Deferred Income Tax Expense (Benefit)

330

108

22,431

1,846

6,367

14,646

5,413

-3,656

-3,783

15,838

-85

Net realized (gain) loss on sale of other real estate owned

-

-

-

-

-

-

-

11,634

9,310

5,253

-183

Gain on termination of cash flow hedging instruments

-

-

-

-

-

-

-

-

222

1,759

2,570

Write-down on other real estate owned

-

-

-

-

-

-

-

8,300

6,307

5,144

119

Net change in:
Impairment charge on investment securities

-

-

-

-

-

-

-

-

-

-

0

Loans held for sale

-

-

-

-

-

-

-

415

1,394

754

-1,964

Interest receivable

1,516

4,442

2,980

2,197

75

944

7,938

-1,019

1,243

-4,472

-1,311

Interest payable

632

164

131

-93

-142

89

-122

-629

-403

-784

-2,327

Other assets

23,464

-2,176

25,471

15,917

5,419

4,479

3,385

2,113

19,248

-18,419

21,560

Other liabilities

14,308

6,679

-10,554

8,745

-1,242

-5,119

-10,336

3,779

13,110

7,816

-6,717

Net cash provided by operating activities

204,747

237,201

128,525

145,847

134,756

137,618

79,636

134,899

86,424

124,136

37,257

Cash Flows From Investing Activities
Loans originated, net of principal collected

291,857

-2,069

273,927

402,146

384,321

440,376

161,827

92,088

-110,577

164,084

-146,698

Purchases of debt securities available for sale

1,196,895

965,585

355,607

569,825

467,631

363,693

457,985

322,342

453,043

179,332

162,412

Purchases of loans held-for-investment

57,075

46,969

0

0

-

-

-

-

-

-

-

Purchases of premises and equipment

8,447

11,328

6,495

4,520

7,581

12,485

13,133

17,137

15,088

36,503

6,281

Payments for repayment of FLHB advances

273,800

197,440

92,040

59,599

16,760

0

0

-

-

-

-

Proceeds from Sale of Debt Securities, Available-for-sale

259,554

32,330

30,403

124,142

95,375

63,292

166,881

95,165

72,523

69,328

16,665

Proceeds from FDIC for reimbursement on loss-sharing asset

0

0

26

927

4,659

5,950

9,246

-54,649

54,200

0

0

Proceeds from sale of equity securities

0

4,808

0

0

-

-

-

-

-

-

-

Proceeds from principal repayments and maturities of debt securities available for sale

428,025

465,747

283,874

284,218

283,206

180,648

293,940

236,749

148,583

92,840

67,682

Proceeds from sales of premises and equipment and loans held for investment

8,634

16,030

12,422

9,643

15,074

2,840

2,917

4,414

46

902

-

Proceeds from sale of merchant card services portfolio

0

0

14,000

0

0

-

-

-

-

-

-

Proceeds from redemption of Federal Home Loan Bank stock

251,640

181,920

98,924

62,081

37,403

1,288

1,114

-

-

-

-

Proceeds from disposal of premises and equipment

-

-

-

-

-

-

-

-

-

-

42

Proceeds from sales of covered other real estate owned

-

-

-

-

-

-

-

-

20,619

17,890

0

Proceeds from sales of other real estate and other personal property owned

6,506

7,261

2,590

8,158

19,387

28,559

36,453

49,004

12,278

4,800

8,098

Proceeds from bank owned life insurance death benefit

8,265

5,074

10,745

0

0

-

-

-

-

-

-

Payment to FDIC to terminate loss-sharing agreements

0

0

-4,666

0

0

-

-

-

-

-

-

Payments to FDIC related to loss-sharing asset

0

0

210

1,632

1,865

3,451

0

0

-

-

-

Proceeds from termination of trust subsidiaries

-

-

-

-

-

-

-

-

774

0

0

Capital improvements on other real estate properties

-

-

-

-

-

-

3,577

11

735

1,720

1,165

Increase (decrease) in Small Business Administration secured borrowings

-

-

-

-

-

-

-

-

-642

642

0

Payments to Acquire Intangible Assets

-

-

-

-

-

-

919

0

0

-

-

Net cash paid in branch sale

-

-

-

-

-

16,788

0

0

-

-

-

Cash Acquired from Acquisition

0

0

80,472

0

0

32,255

-154,170

0

247,792

145,534

0

Net cash provided by investing activities

-865,450

-506,083

-199,489

-548,553

-423,054

-521,961

-281,060

8,403

-23,270

278,465

69,327

Cash Flows From Financing Activities
Net increase (decrease) in deposits

226,958

-73,591

353,797

620,785

514,107

250,629

33,983

226,556

-204,586

-302,758

100,554

Net decrease in sweep repurchase agreements

3,343

7,035

-3,380

-18,877

-5,381

21,037

0

0

-

-

-

Proceeds from Warrant Exercises

-

-

-

-

-

5,000

0

0

-

-

-

Proceeds from FHLB advances

6,845,000

4,936,000

2,301,000

1,392,000

1,702,000

1,602,000

1,215,100

100

100

0

324,000

Proceeds from FRB borrowings

36,000

5,010

10

10

1,010

800

50

100

100

0

415,000

Proceeds from other borrowings

100

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

229,129

113,537

Proceeds from exercise of stock options

2,025

1,857

1,980

1,349

1,258

929

1,092

713

848

923

939

Repayment of FHLB advances

6,291,000

4,548,000

2,397,000

1,454,000

1,850,000

1,422,000

1,313,000

112,210

42,989

36,276

374,000

Repayment of FRB borrowings

36,000

5,010

10

10

1,010

800

50

100

100

0

465,000

Payments for other debt

100

0

0

-

-

14,636

51,000

0

-

-

-

Payments of Ordinary Dividends, Preferred Stock and Preference Stock

-

-

-

157

137

96

32

0

0

2,841

3,781

Payment of common stock dividends

101,911

83,440

51,308

88,677

77,263

49,494

19,858

38,824

10,660

1,461

1,374

Repayments of Subordinated Debt

0

8,248

6,186

0

8,248

-

-

-

25,774

0

0

Repayment of term repurchase agreement

0

25,000

0

0

-

-

-

-

-

-

-

Payments for cash settlement of acquired equity awards

0

0

7,345

0

0

-

-

-

-

-

-

Repurchase of preferred stock and common stock warrant

-

-

-

-

-

-

-

-

-

80,200

0

Purchase of treasury stock

50,834

0

0

1,125

906

622

429

0

32

0

0

Purchase and retirement of common stock

2,792

2,677

2,299

-

-

-

-

-

-

-

-

Excess Tax Benefit from Share-based Compensation, Financing Activities

-

-

-

344

0

205

1,203

0

98

25

0

Net decrease in other borrowings

-

-

-

-

-

-

-

-

-

-86

-115

Net cash used in financing activities

630,789

203,936

189,259

451,642

275,430

392,952

-132,941

76,335

-282,995

-193,545

109,760

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

-29,914

-64,946

118,295

48,936

-12,868

8,609

-334,365

219,637

-219,841

209,056

216,344

Supplemental Information:
Cash paid for interest

35,916

18,066

6,626

4,444

4,146

3,904

5,962

10,206

14,938

21,876

30,010

Cash paid for income tax, net of refunds

47,375

24,067

59,071

32,723

30,522

21,230

26,754

11,927

23,025

6,895

500

Non-cash investing and financing activities
Loans transferred to other real estate owned

386

1,200

106

1,047

8,688

10,200

18,100

21,627

24,357

29,864

23,398

Assets acquired in FDIC assisted acquisitions (excluding cash and cash equivalents)

-

-

-

-

-

-

-

-

485,870

1,075,166

0

Liabilities assumed in FDIC assisted acquisitions

-

-

-

-

-

-

-

-

731,832

1,210,882

0

Stock Issued

0

0

636,385

0

0

116,907

276,181

0

0

-

-

Premises and equipment expenditures incurred but not yet paid

451

195

0

0

-

-

-

-

-

-

-

Change in dividends payable on unvested shares included in other liabilities

354

19

0

0

-

-

-

-

-

-

-