Columbia banking system, inc. (COLB)
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'11Dec'10Sep'10Jun'10Mar'10
Cash Flows From Operating Activities
Net Income (Loss) Attributable to Parent

14,628

46,129

50,727

51,724

45,871

44,748

46,415

41,749

39,970

15,728

40,769

27,132

29,199

30,718

27,484

25,405

21,259

26,740

25,780

21,946

24,361

18,920

21,583

21,227

19,844

19,973

13,276

14,591

12,176

13,462

11,880

11,899

8,902

14,754

18,872

8,632

5,779

12,608

5,204

5,056

7,916

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

41,500

1,614

299

218

1,362

1,789

3,153

3,975

5,852

3,327

-648

3,177

2,775

18

1,866

3,640

5,254

2,349

2,831

2,202

1,209

1,708

980

2,117

1,922

-3,682

3,313

288

-20

4,861

-1,117

15,438

20,185

790

933

4,451

-422

9,393

9,453

13,500

15,000

Stock-based compensation expense

2,172

2,444

2,299

2,243

2,285

2,123

2,148

2,019

2,064

1,830

1,801

1,756

2,358

1,383

1,075

1,371

1,180

1,156

1,098

974

862

818

817

544

680

963

601

729

551

470

244

458

450

472

400

428

335

370

349

355

350

Depreciation, amortization and accretion

13,151

8,063

8,852

9,116

8,182

7,164

9,019

9,170

7,618

9,618

7,515

7,894

6,074

6,746

8,898

8,100

10,798

8,420

7,262

6,895

7,735

22,503

4,899

8,085

8,972

10,215

7,689

9,512

13,015

11,432

15,395

14,337

16,141

10,953

6,639

24,755

3,774

1,247

4,021

3,181

2,903

Net realized gain on FDIC assisted bank acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

9,818

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

249

0

0

285

1,847

-16

-62

-33

22

-11

0

0

0

7

572

229

373

281

236

343

721

0

33

296

223

0

0

92

370

3,671

0

0

62

-2,816

0

0

0

-

-

-

-

Net realized gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

58

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

25

530

6,121

667

-1

-174

-1

-771

630

-50

13

231

-55

29

-16

-64

-106

-814

-48

-17

306

2

-113

-445

-8

-59

34

-7

80

421

-6

20

21

-92

10

0

3

17

2

0

14

Net realized loss on sale and valuation adjustments of OREO

0

0

95

716

-209

81

-496

-668

-135

-6

-268

-17

-204

-528

59

-70

-90

354

-401

660

1,539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on bank owned life insurance death benefit

-

-

-

-

-

-

-

-

-

-

-

-

1,514

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans held for sale

58,199

75,850

65,912

47,180

21,542

30,331

36,303

39,758

27,553

34,330

33,228

34,607

31,295

33,822

29,940

27,531

19,174

18,440

24,968

17,391

14,890

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans held for sale

66,216

73,168

63,065

39,008

21,374

31,757

37,801

37,297

29,007

36,366

32,344

30,934

33,896

31,337

34,228

23,563

20,002

20,568

22,551

16,716

12,461

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Income Tax Expense (Benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,232

-536

267

-125

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,313

1,659

-

2,454

3,504

2,787

3,030

2,327

3,323

2,954

2,241

1,614

2,743

2,712

1,726

1,883

1,499

145

Gain on termination of cash flow hedging instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

222

296

335

1,871

-743

Write-down on other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

974

1,580

-

1,265

506

158

1,299

1,189

2,685

3,127

915

833

2,634

1,925

558

2,793

964

829

Net change in:
Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

750

-735

-

-1,310

1,262

-1,675

-1,037

1,512

22

-82

-420

1,913

113

-212

2,267

-1,513

0

0

Interest receivable

-2,262

-1,664

1,625

43

1,512

-3,153

5,371

1,310

914

-3,109

5,307

-489

1,271

-1,532

1,868

434

1,427

-2,609

3,003

-1,605

1,286

-2,148

3,115

-1,417

1,394

-1,908

996

6,797

2,053

-2,319

1,027

-477

750

-2,141

1,444

215

1,725

-277

-3,726

131

-600

Interest payable

2,325

0

-976

454

1,154

-454

654

-488

452

152

-56

44

-9

-9

-10

-19

-55

-6

-31

-26

-79

150

-41

-7

-13

-34

-76

28

-40

-255

-99

-127

-148

-177

-225

250

-251

-159

-166

-314

-145

Other assets

63,141

-8,376

15,356

11,240

5,244

-4,775

8,966

-3,837

-2,530

21,065

-8,174

11,930

650

8,203

-104

4,087

3,731

3,801

3,197

-6,110

4,531

-1,088

8,629

2,652

-5,714

5,190

4,480

-3,093

-3,192

-3,110

-2,201

6,258

1,166

22,434

-3,389

13,939

-13,736

-18,670

5,902

842

-6,493

Other liabilities

44,725

-15,398

21,146

6,381

2,179

1,017

7,679

12,997

-15,014

-7,930

6,606

-5,389

-3,841

-4,671

3,607

14,428

-4,619

-12,254

7,720

-388

3,680

-11,868

9,338

-1,940

-649

-8,222

10,548

-923

-11,739

7,660

1,064

3,458

-8,403

11,502

3,653

-1,279

-766

-14,237

10,726

5,038

6,289

Net cash provided by operating activities

65,365

49,934

56,303

46,038

52,472

65,958

56,788

70,960

43,495

28,090

43,190

21,264

35,981

27,367

44,829

44,341

29,310

33,887

36,256

37,657

26,956

50,419

23,831

27,851

35,517

19,820

29,962

16,176

13,678

34,617

25,897

39,002

35,383

16,220

27,683

22,861

19,660

42,657

43,297

9,760

28,422

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

197,362

-13,724

97,940

127,234

80,407

-123,482

20,928

118,173

-17,688

-30,904

88,290

194,605

21,936

-48,768

152,655

234,203

64,056

69,553

139,508

162,817

12,443

130,191

109,023

137,097

64,065

328,732

27,417

-122,507

-71,815

164,268

-8,818

-46,548

-16,814

-179,997

41,591

79,699

-51,870

278,702

-17,339

-21,774

-75,505

Purchases of debt securities available for sale

37,472

547,762

594,728

50,695

3,710

359,533

390,440

188,115

27,497

224,701

16,597

5,351

108,958

67,223

205,682

201,234

95,686

248,897

181,664

25,708

11,362

235,965

104,924

12,017

10,787

165,241

130,726

77,345

84,673

234,996

0

57,169

30,177

158,365

24,712

120,167

149,799

115,278

0

7,585

56,469

Payments to Acquire Loans Receivable

0

-

-

-

49,039

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of loans held-for-investment

-

-

-

-

-

0

46,969

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of premises and equipment

1,650

2,614

2,293

1,752

1,788

3,075

3,242

2,912

2,099

2,115

2,433

1,611

336

1,815

1,506

754

445

230

2,546

773

4,032

1,955

2,147

3,453

4,930

3,046

2,016

4,447

3,624

4,733

774

4,948

6,682

4,469

8,231

-73

2,461

32,593

2,856

1,044

10

Payments for repayment of FLHB advances

51,240

83,000

73,560

59,960

57,280

61,320

46,400

44,640

45,080

0

5,200

55,440

31,400

1,800

15,399

31,880

10,520

9,400

5,920

1,440

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

194,105

0

0

175,586

83,968

0

0

12,569

19,761

30,403

0

0

0

3,342

37,390

44,534

38,876

12,599

10,610

14,923

57,243

7,458

25,130

24,263

6,441

0

0

163,858

3,023

91,320

0

0

3,845

72,523

0

0

0

-

-

-

-

Proceeds from FDIC for reimbursement on loss-sharing asset

-

-

-

-

-

-

-

-

-

0

0

0

26

49

210

410

258

464

186

2,871

1,138

10,557

-625

-3,443

-539

17,117

-14,258

2,695

3,692

-103,843

14,881

19,509

14,804

3,200

6,108

44,892

0

-

-

-

-

Proceeds from sale of equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69,328

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

134,641

140,546

105,354

81,249

100,876

153,791

92,273

137,040

82,643

83,404

68,998

76,103

55,369

84,541

75,860

71,395

52,422

78,884

69,220

80,651

54,451

45,766

51,094

47,258

36,530

52,552

73,652

102,978

64,758

73,165

55,067

58,863

49,654

47,512

40,824

32,932

27,315

26,722

23,328

20,879

21,911

Proceeds from sales of premises and equipment

31

-

7,711

13

11

-

8,720

2,515

3,721

-

4,024

1,240

6,893

-

2,760

2,720

1,911

-

6,263

485

7,384

-

375

758

337

-

311

519

287

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from redemption of Federal Home Loan Bank stock

61,080

64,560

73,680

55,760

57,640

52,000

43,720

42,320

43,880

6,884

11,320

49,680

31,040

4,200

20,920

23,960

13,001

6,920

7,481

22,641

361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Sale of Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

0

-

-

-

-

-

-

-

-

Proceeds from disposal of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

0

20

-

11

6

54

Proceeds from sales of covered other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,408

7,376

6,438

-

6,821

10,356

8,025

6,015

3,523

4,122

6,959

7,238

1,305

3,397

5,950

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

50

73

610

5,673

150

1,393

47

3,759

2,062

689

182

444

1,275

2,313

2,569

1,950

1,326

6,133

1,701

6,486

5,067

3,871

8,756

4,727

11,205

25,674

4,703

4,057

2,019

33,935

3,170

4,070

7,829

2,044

2,360

2,502

5,372

857

753

1,829

1,361

Proceeds from bank owned life insurance death benefit

1,050

8,265

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to FDIC related to loss-sharing asset

-

-

-

-

-

-

-

-

-

0

0

0

210

777

230

14

611

393

985

8

479

67

1,167

0

2,217

0

0

-573

573

-

-

-

-

-

-

-

-

-

-

-

-

Capital improvements on other real estate properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-79

90

9

258

217

251

573

568

250

329

Increase (decrease) in Small Business Administration secured borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-84

-558

-957

1,599

0

0

Cash Acquired from Acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,376

10,376

0

145,534

Net cash provided by investing activities

103,233

-405,309

-589,202

78,640

50,421

-87,380

-363,219

-150,563

95,079

6,205

-11,789

-125,668

-68,237

73,850

-235,763

-323,116

-63,524

-222,531

-235,162

-62,689

97,328

-274,827

-148,069

-72,118

-26,947

-102,971

-19,269

-78,352

-80,468

-76,575

70,363

-15,779

30,394

-71,945

186,844

-76,636

-61,533

-74,663

51,287

39,006

262,835

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

128,059

-170,935

644,297

-157,377

-89,027

-145,742

220,042

-11,425

-136,466

71,461

269,258

-16,355

29,433

1,623

384,636

76,406

158,120

124,024

270,432

-30,592

150,243

-56,474

281,509

-59,347

84,941

10,508

201,106

-182,085

4,454

103,230

108,038

-34,628

49,916

11,115

-80,795

-143,850

8,944

20,383

21,939

-86,218

-258,862

Net decrease in sweep repurchase agreements

-35,185

39,948

-25,737

27,208

-38,076

-1,103

15,968

21,982

-29,812

36,509

-24,962

18,981

-33,908

11,633

-20,029

15,379

-25,860

26,517

-19,048

-4,622

-8,228

21,037

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from FHLB advances

1,281,000

2,075,000

1,839,000

1,499,000

1,432,000

1,533,000

1,160,000

1,116,000

1,127,000

0

130,000

1,386,000

785,000

45,000

385,000

797,000

165,000

235,000

148,000

695,000

624,000

294,000

140,000

581,000

587,000

71,000

388,000

756,000

100

100

0

0

0

0

0

0

100

-

-

-

-

Proceeds from FRB borrowings

182,010

0

0

36,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

750

0

50

0

0

0

50

100

0

0

0

0

0

0

100

0

0

0

0

Proceeds from other borrowings

5,000

0

0

100

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

945

0

1,132

15

878

0

1,121

17

719

0

825

10

1,145

45

701

5

598

64

675

91

428

14

490

20

405

-62

380

448

326

0

399

6

308

56

382

30

380

72

342

19

490

Repayment of FHLB advances

1,527,000

1,614,000

1,842,000

1,394,000

1,441,000

1,300,000

1,093,000

1,058,000

1,097,000

96,000

283,000

1,242,000

776,000

105,000

523,000

599,000

227,000

173,000

187,000

686,000

804,000

84,000

244,000

477,000

617,000

69,000

533,000

710,900

100

106,466

17

1,517

4,210

3,542

28,046

7,261

4,140

-

-

-

-

Repayment of FRB borrowings

177,010

0

0

36,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

750

0

50

0

0

0

50

100

0

0

0

0

0

0

100

-36,237

36,237

-30,159

30,159

Repayment of Federal Reserve Bank borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Payments of Ordinary Dividends, Preferred Stock and Preference Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

40

40

38

39

37

34

35

31

30

29

25

12

12

10

10

0

-

-

-

-

-

-

-

-

1

918

961

961

Payment of common stock dividends

35,860

20,089

20,311

30,761

30,750

29,291

19,044

19,036

16,069

12,842

12,845

12,829

12,792

22,636

22,637

21,461

21,943

20,783

19,629

19,615

17,236

15,969

14,742

12,629

6,154

5,639

5,126

5,122

3,971

3,572

11,901

8,728

14,623

5,136

2,370

1,973

1,181

393

393

393

282

Repayments of junior subordinated debt

-

-

-

-

-

-

0

48

8,200

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Subordinated Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,248

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of term repurchase agreement

-

-

-

-

-

0

0

0

25,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

20,000

5,454

23,517

21,863

0

0

0

-2,575

2,575

-2,246

31

176

2,039

12

21

59

1,033

27

5

93

781

17

4

79

522

38

0

391

0

-

-

-

-

0

0

0

32

0

0

0

0

Purchase and retirement of common stock

2,474

27

19

314

2,432

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-173

1

86

Net cash used in financing activities

-200,515

304,443

572,845

-78,092

-168,407

56,847

285,054

49,486

-187,451

-14,456

79,245

133,631

-9,161

-69,043

204,610

268,232

47,843

191,758

193,391

-45,866

-63,853

149,130

163,224

31,940

48,658

7,960

51,350

-193,060

809

-6,708

96,519

-44,867

31,391

2,552

-136,564

-153,054

4,071

20,047

-65,443

141,711

-289,860

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

-31,917

-50,932

39,946

46,586

-65,514

35,425

-21,377

-30,117

-48,877

19,839

110,646

29,227

-41,417

32,174

13,676

-10,543

13,629

3,114

-5,515

-70,898

60,431

-75,278

38,986

-12,327

57,228

-75,191

62,043

-255,236

-65,981

-48,666

192,779

-21,644

97,168

-53,173

77,963

-206,829

-37,802

-11,959

29,141

190,477

1,397

Supplemental Information:
Cash paid for interest

6,150

8,293

11,059

9,852

6,712

6,367

4,126

4,362

3,211

2,465

1,430

1,581

1,150

1,007

1,196

1,182

1,059

956

1,002

1,056

1,132

982

954

969

999

1,132

2,675

836

1,319

2,566

2,303

2,540

2,797

2,971

3,870

3,684

4,413

4,712

5,276

5,730

6,158

Cash paid for income tax, net of refunds

12

14,241

12,194

21,086

-146

11,299

9,147

3,597

24

21,370

14,820

22,881

0

11,898

9,695

4,780

6,350

11,468

11,773

7,268

13

10,000

3,030

8,190

10

6,533

10,632

4,089

5,500

2,322

9,605

0

0

10,155

12,870

0

0

-

-

-

-

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

0

0

0

0

386

0

794

0

406

32

74

0

0

-155

891

206

105

-63

915

3,144

4,692

1,270

1,089

2,090

5,751

821

7,972

5,193

4,114

6,603

3,235

5,697

6,092

7,852

8,265

2,773

5,467

2,598

12,247

11,711

3,308

Premises and equipment expenditures incurred but not yet paid

238

299

96

21

35

-269

424

40

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in dividends payable on unvested shares included in other liabilities

157

102

107

131

14

13

6

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-