COLUMBIA BANKING SYSTEM, INC. COLB Cash Flow

Columbia banking system, inc. (COLB)

CashFlow / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows From Operating Activities
Net Income (Loss) Attributable to Parent
163,208	194,451	193,070	188,758	178,783	172,882	143,862	138,216	123,599	112,828	127,818	114,533	112,806	104,866	100,888	99,184	95,725	98,827	91,007	86,810	86,091	81,574	82,627	74,320	67,684	60,016	53,505	52,109	49,417	46,143	47,435	54,427	51,160	48,037	45,891	32,223	28,647	30,784	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Provision for Loan and Lease Losses
43,631	3,493	3,668	6,522	10,279	14,769	16,307	12,506	11,708	8,631	5,322	7,836	8,299	10,778	13,109	14,074	12,636	8,591	7,950	6,099	6,014	6,727	1,337	3,670	1,841	-101	8,442	4,012	19,162	39,367	35,296	37,346	26,359	5,752	14,355	22,875	31,924	47,346	0	0	0
Stock-based compensation expense
9,158	9,271	8,950	8,799	8,575	8,354	8,061	7,714	7,451	7,745	7,298	6,572	6,187	5,009	4,782	4,805	4,408	4,090	3,752	3,471	3,041	2,859	3,004	2,788	2,973	2,844	2,351	1,994	1,723	1,622	1,624	1,780	1,750	1,635	1,533	1,482	1,409	1,424	0	0	0
Depreciation, amortization and accretion
39,182	34,213	33,314	33,481	33,535	32,971	35,425	33,921	32,645	31,101	28,229	29,612	29,818	34,542	36,216	34,580	33,375	30,312	44,395	42,032	43,222	44,459	32,171	34,961	36,388	40,431	41,648	49,354	54,179	57,305	56,826	48,070	58,488	46,121	36,415	33,797	12,223	11,352	0	0	0
Net realized gain on FDIC assisted bank acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,818	0	0	0
Available-for-sale Securities, Gross Realized Gain (Loss)
534	2,132	2,116	2,054	1,736	-89	-84	-22	11	-11	7	579	808	1,181	1,455	1,119	1,233	1,581	1,300	1,097	1,050	552	552	519	315	462	4,133	4,133	4,041	3,733	-2,754	-2,754	-2,754	-2,816	0	0	0	-	-	-	-
Net realized gain on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net realized (gain) loss on sale of premises and equipment and OPPO
7,343	7,317	6,613	491	-947	-316	-192	-178	824	139	218	189	-106	-157	-1,000	-1,032	-985	-573	243	178	-250	-564	-625	-478	-40	48	528	488	515	456	-57	-41	-61	-79	30	22	22	33	0	0	0
Net realized loss on sale and valuation adjustments of OREO
811	602	683	92	-1,292	-1,218	-1,305	-1,077	-426	-495	-1,017	-690	-743	-629	253	-207	523	2,152	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on bank owned life insurance death benefit
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Originations of loans held for sale
247,141	210,484	164,965	135,356	127,934	133,945	137,944	134,869	129,718	133,460	132,952	129,664	122,588	110,467	95,085	90,113	79,973	75,689	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of loans held for sale
241,457	196,615	155,204	129,940	128,229	135,862	140,471	135,014	128,651	133,540	128,511	130,395	123,024	109,130	98,361	86,684	79,837	72,296	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Income Tax Expense (Benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,838	0	0	0
Net realized (gain) loss on sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	11,775	11,648	11,467	11,634	10,845	10,132	9,552	9,310	8,795	9,064	7,820	5,253	0	0	0
Gain on termination of cash flow hedging instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	222	518	853	2,724	1,759	0	0	0
Write-down on other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3,228	3,152	5,331	8,300	7,916	7,560	7,509	6,307	5,950	7,910	6,240	5,144	0	0	0
Net change in:
Loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-2,760	62	-1,178	415	1,032	1,433	1,524	1,394	4,081	655	542	754	0	0	0
Interest receivable
-2,258	1,516	27	3,773	5,040	4,442	4,486	4,422	2,623	2,980	4,557	1,118	2,041	2,197	1,120	2,255	216	75	536	648	836	944	1,184	-935	7,279	7,938	7,527	7,558	284	-1,019	-841	-424	268	1,243	3,107	-2,063	-2,147	-4,472	0	0	0
Interest payable
1,803	632	178	1,808	866	164	770	60	592	131	-30	16	-47	-93	-90	-111	-118	-142	14	4	23	89	-95	-130	-95	-122	-343	-366	-521	-629	-551	-677	-300	-403	-385	-326	-890	-784	0	0	0
Other assets
81,361	23,464	27,065	20,675	5,598	-2,176	23,664	6,524	22,291	25,471	12,609	20,679	12,836	15,917	11,515	14,816	4,619	5,419	530	5,962	14,724	4,479	10,757	6,608	863	3,385	-4,915	-11,596	-2,245	2,113	27,657	26,469	34,150	19,248	-21,856	-12,565	-25,662	-18,419	0	0	0
Other liabilities
56,854	14,308	30,723	17,256	23,872	6,679	-2,268	-3,341	-21,727	-10,554	-7,295	-10,294	9,523	8,745	1,162	5,275	-9,541	-1,242	-856	762	-790	-5,119	-1,473	-263	754	-10,336	5,546	-3,938	443	3,779	7,621	10,210	5,473	13,110	-12,629	-5,556	761	7,816	0	0	0
Net cash provided by operating activities
217,640	204,747	220,771	221,256	246,178	237,201	199,333	185,735	136,039	128,525	127,802	129,441	152,518	145,847	152,367	143,794	137,110	134,756	151,288	138,863	129,057	137,618	107,019	113,150	101,475	79,636	94,433	90,368	113,194	134,899	116,502	118,288	102,147	86,424	112,861	128,475	115,374	124,136	0	0	0
Cash Flows From Investing Activities
Loans originated, net of principal collected
408,812	291,857	182,099	105,087	96,026	-2,069	90,509	157,871	234,303	273,927	256,063	320,428	360,026	402,146	520,467	507,320	435,934	384,321	444,959	414,474	388,754	440,376	638,917	557,311	297,707	161,827	-2,637	-38,872	37,087	92,088	-252,177	-201,768	-75,521	-110,577	348,122	289,192	187,719	164,084	0	0	0
Purchases of debt securities available for sale
1,230,657	1,196,895	1,008,666	804,378	941,798	965,585	830,753	456,910	274,146	355,607	198,129	387,214	583,097	569,825	751,499	727,481	551,955	467,631	454,699	377,959	364,268	363,693	292,969	318,771	384,099	457,985	527,740	397,014	376,838	322,342	245,711	270,423	333,421	453,043	409,956	385,244	272,662	179,332	0	0	0
Payments to Acquire Loans Receivable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of loans held-for-investment
-	-	-	-	-	46,969	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises and equipment
8,309	8,447	8,908	9,857	11,017	11,328	10,368	9,559	8,258	6,495	6,195	5,268	4,411	4,520	2,935	3,975	3,994	7,581	9,306	8,907	11,587	12,485	13,576	13,445	14,439	13,133	14,820	13,578	14,079	17,137	16,873	24,330	19,309	15,088	43,212	37,837	38,954	36,503	0	0	0
Payments for repayment of FLHB advances
267,760	273,800	252,120	224,960	209,640	197,440	136,120	94,920	105,720	92,040	93,840	104,039	80,479	59,599	67,199	57,720	27,280	16,760	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Debt Securities, Available-for-sale
369,691	259,554	259,554	259,554	96,537	32,330	62,733	62,733	50,164	30,403	3,342	40,732	85,266	124,142	133,399	106,619	77,008	95,375	90,234	104,754	114,094	63,292	55,834	30,704	170,299	166,881	258,201	258,201	94,343	95,165	76,368	76,368	76,368	72,523	0	0	0	-	-	-	-
Proceeds from FDIC for reimbursement on loss-sharing asset
-	-	-	-	-	-	-	-	-	26	75	285	695	927	1,342	1,318	3,779	4,659	14,752	13,941	7,627	5,950	12,510	-1,123	5,015	9,246	-111,714	-82,575	-65,761	-54,649	52,394	43,621	69,004	54,200	0	0	0	-	-	-	-
Proceeds from sale of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from principal repayments and maturities of debt securities available for sale
461,790	428,025	441,270	428,189	483,980	465,747	395,360	372,085	311,148	283,874	285,011	291,873	287,165	284,218	278,561	271,921	281,177	283,206	250,088	231,962	198,569	180,648	187,434	209,992	265,712	293,940	314,553	295,968	251,853	236,749	211,096	196,853	170,922	148,583	127,793	110,297	98,244	92,840	0	0	0
Proceeds from sales of premises and equipment
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from redemption of Federal Home Loan Bank stock
255,080	251,640	239,080	209,120	195,680	181,920	136,804	104,404	111,764	98,924	96,240	105,840	80,120	62,081	64,801	51,362	50,043	37,403	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Other Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Proceeds from disposal of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Proceeds from sales of covered other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	31,217	27,919	21,685	20,619	21,842	19,624	18,899	17,890	0	0	0
Proceeds from sales of other real estate and other personal property owned
6,406	6,506	7,826	7,263	5,349	7,261	6,557	6,692	3,377	2,590	4,214	6,601	8,107	8,158	11,978	11,110	15,646	19,387	17,125	24,180	22,421	28,559	50,362	46,309	45,639	36,453	44,714	43,181	43,194	49,004	17,113	16,303	14,735	12,278	11,091	9,484	8,811	4,800	0	0	0
Proceeds from bank owned life insurance death benefit
9,315	8,265	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to FDIC related to loss-sharing asset
-	-	-	-	-	-	-	-	-	210	987	1,217	1,231	1,632	1,248	2,003	1,997	1,865	1,539	1,721	1,713	3,451	3,384	2,217	1,644	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Capital improvements on other real estate properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	20	278	574	735	1,299	1,609	1,642	1,720	0	0	0
Increase (decrease) in Small Business Administration secured borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-642	-1,599	0	84	642	0	0	0
Cash Acquired from Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145,534	0	0	0
Net cash provided by investing activities
-812,638	-865,450	-547,521	-321,538	-550,741	-506,083	-412,498	-61,068	-36,173	-199,489	-131,844	-355,818	-553,266	-548,553	-844,934	-844,333	-583,906	-423,054	-475,350	-388,257	-397,686	-521,961	-350,105	-221,305	-227,539	-281,060	-254,664	-165,032	-102,459	8,403	13,033	129,514	68,657	-23,270	-25,988	-161,545	-45,903	278,465	0	0	0
Cash Flows From Financing Activities
Net increase (decrease) in deposits
444,044	226,958	252,151	-172,104	-26,152	-73,591	143,612	192,828	187,898	353,797	283,959	399,337	492,098	620,785	743,186	628,982	521,984	514,107	333,609	344,686	315,931	250,629	317,611	237,208	114,470	33,983	126,705	33,637	181,094	226,556	134,441	-54,392	-163,614	-204,586	-195,318	-92,584	-34,952	-302,758	0	0	0
Net decrease in sweep repurchase agreements
6,234	3,343	-37,708	3,997	-1,229	7,035	44,647	3,717	716	-3,380	-28,256	-23,323	-26,925	-18,877	-3,993	-3,012	-23,013	-5,381	-10,861	8,187	12,809	21,037	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from FHLB advances
6,694,000	6,845,000	6,303,000	5,624,000	5,241,000	4,936,000	3,403,000	2,373,000	2,643,000	2,301,000	2,346,000	2,601,000	2,012,000	1,392,000	1,582,000	1,345,000	1,243,000	1,702,000	1,761,000	1,753,000	1,639,000	1,602,000	1,379,000	1,627,000	1,802,000	1,215,100	1,144,200	756,200	200	100	0	0	0	100	0	0	0	-	-	-	-
Proceeds from FRB borrowings
218,010	36,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	800	50	50	50	150	150	150	100	0	0	0	100	100	100	100	0	0	0	0
Proceeds from other borrowings
5,100	100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
2,092	2,025	2,025	2,014	2,016	1,857	1,857	1,561	1,554	1,980	2,025	1,901	1,896	1,349	1,368	1,342	1,428	1,258	1,208	1,023	952	929	853	743	1,171	1,092	1,154	1,173	731	713	769	752	776	848	864	824	813	923	0	0	0
Repayment of FHLB advances
6,377,000	6,291,000	5,977,000	5,228,000	4,892,000	4,548,000	3,344,000	2,534,000	2,718,000	2,397,000	2,406,000	2,646,000	2,003,000	1,454,000	1,522,000	1,186,000	1,273,000	1,850,000	1,761,000	1,818,000	1,609,000	1,422,000	1,407,000	1,696,000	1,929,900	1,313,000	1,350,466	817,483	108,100	112,210	9,286	37,315	43,059	42,989	0	0	0	-	-	-	-
Repayment of FRB borrowings
213,010	36,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	800	50	50	50	150	150	150	100	0	0	0	100	-36,137	100	-30,059	0	0	0	0
Repayment of Federal Reserve Bank borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	157	154	148	145	137	130	125	115	96	78	59	44	32	0	0	0	-	-	-	-	-	-	-	-	2,841	0	0	0
Payment of common stock dividends
107,021	101,911	111,113	109,846	98,121	83,440	66,991	60,792	54,585	51,308	61,102	70,894	79,526	88,677	86,824	83,816	81,970	77,263	72,449	67,562	60,576	49,494	39,164	29,548	22,041	19,858	17,791	24,566	28,172	38,824	40,388	30,857	24,102	10,660	5,917	3,940	2,360	1,461	0	0	0
Repayments of junior subordinated debt
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Subordinated Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,248	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of term repurchase agreement
-	-	-	-	-	25,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
70,834	50,834	45,380	21,863	-2,575	0	-2,246	-2,215	536	0	2,258	2,248	2,131	1,125	1,140	1,124	1,158	906	896	895	881	622	643	639	951	429	0	0	0	-	-	-	-	32	32	32	32	0	0	0	0
Purchase and retirement of common stock
2,834	2,792	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-86	0	0	0
Net cash used in financing activities
598,681	630,789	383,193	95,402	222,980	203,936	132,633	-73,176	10,969	189,259	134,672	260,037	394,638	451,642	712,443	701,224	387,126	275,430	232,802	202,635	280,441	392,952	251,782	139,908	-85,092	-132,941	-147,609	-102,440	45,753	76,335	85,595	-147,488	-255,675	-282,995	-265,500	-194,379	100,386	-193,545	0	0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
3,683	-29,914	56,443	-4,880	-81,583	-64,946	-80,532	51,491	110,835	118,295	130,630	33,660	-6,110	48,936	19,876	685	-59,670	-12,868	-91,260	-46,759	11,812	8,609	8,696	31,753	-211,156	-334,365	-307,840	-177,104	56,488	219,637	215,130	100,314	-84,871	-219,841	-178,627	-227,449	169,857	209,056	0	0	0
Supplemental Information:
Cash paid for interest
35,354	35,916	33,990	27,057	21,567	18,066	14,164	11,468	8,687	6,626	5,168	4,934	4,535	4,444	4,393	4,199	4,073	4,146	4,172	4,124	4,037	3,904	4,054	5,775	5,642	5,962	7,396	7,024	8,728	10,206	10,611	12,178	13,322	14,938	16,679	18,085	20,131	21,876	0	0	0
Cash paid for income tax, net of refunds
47,533	47,375	44,433	41,386	23,897	24,067	34,138	39,811	59,095	59,071	49,599	44,474	26,373	32,723	32,293	34,371	36,859	30,522	29,054	20,311	21,233	21,230	17,763	25,365	21,264	26,754	22,543	21,516	17,427	11,927	19,760	23,025	23,025	23,025	0	0	0	-	-	-	-
Non-cash investing and financing activities
Loans transferred to other real estate owned
0	386	386	1,180	1,180	1,200	1,232	512	512	106	-81	736	942	1,047	1,139	1,163	4,101	8,688	10,021	10,195	9,141	10,200	9,751	16,634	19,737	18,100	23,882	19,145	19,649	21,627	22,876	27,906	24,982	24,357	19,103	23,085	32,023	29,864	0	0	0
Premises and equipment expenditures incurred but not yet paid
654	451	-117	211	230	195	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in dividends payable on unvested shares included in other liabilities
497	354	265	164	33	19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-