CENTRAL VALLEY COMMUNITY BANCORP CVCY Cash Flow

Central valley community bancorp (CVCY)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent
21,443	21,289	14,026	15,182	10,964	5,294	8,250	7,520	6,477	3,279	2,588
Adjustments to reconcile net income to net cash provided by operating activities:
Net decrease (increase) in deferred loan costs
77	-233	92	851	270	305	294	311	-266	-107	-174
Depreciation
1,742	1,703	1,429	1,320	1,392	1,355	1,133	972	1,212	1,262	1,367
Accretion
917	898	766	1,142	1,196	1,015	852	713	715	983	1,796
Amortization
4,564	6,457	8,519	7,912	8,024	7,949	9,179	7,549	3,590	2,014	414
Stock-based compensation
555	482	384	284	238	173	98	108	196	239	284
Excess Tax Benefit from Share-based Compensation, Operating Activities
-	-	-	30	6	7	17	26	116	28	7
Provision for Loan and Lease Losses
1,025	50	-1,150	-5,850	600	7,985	0	700	1,050	3,800	10,514
Other than temporary impairment losses on investment securities
-	-	-	136	0	0	-	-	31	1,587	300
Net realized gains on sales of available-for-sale investment securities
5,199	1,314	2,802	1,224	1,481	904	1,265	1,639	298	-191	942
Net realized gains on sales or calls of held-to-maturity investment securities
-	-	-	696	14	0	0	-	-	-	-176
Net loss on sale and disposal of equipment
0	-2	0	-4	-6	-201	1	4	-5	-10	-
Net change in equity securities
218	-42	0	0	-	-	-	-	-	-	-
Net loss on sale and disposal of equipment
-	-	-	-	-	-	-	-	-	-	-55
Net gain on sale of other real estate owned
-	-	-	-	11	63	0	12	615	66	0
Write down of other real estate owned and other property
-	-	-	-	-	-	-	-	-	638	-
Write down of other real estate owned and other property
-	-	-	-	-	-	-	-	-	-	356
Increase in bank-owned life insurance, net of expenses
728	695	621	558	596	614	495	391	204	392	190
Gains (Losses) on Sales of Credit Card Portfolio
0	462	0	0	-	-	-	-	-	-	-
Gain (Loss) on Bank Owned Life Insurance
-	-	-	190	345	0	0	-	85	0	0
Net decrease (increase) in accrued interest receivable and other assets
9,521	-3,218	2,263	4,711	-2,109	3,021	-410	19	700	-3,281	1,106
Net decrease in prepaid FDIC Assessments
-	-	-	-	-	-	-1,542	-513	-705	-981	3,740
Net increase in accrued interest payable and other liabilities
9,641	-599	1,370	821	-963	537	-1,805	-7,425	8,515	594	-2,259
Provision for deferred income taxes
589	-403	-7,184	-2,592	933	408	296	-440	-1,270	2,337	-788
Net cash provided by operating activities
21,721	29,911	25,218	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	12,999	17,518	17,157	15,587	7,262	20,584	14,177	6,976
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash and cash equivalents acquired in acquisitions
0	0	26,279	13,241	0	0	40,935	0	0	-	-
Purchases of available-for-sale investment securities
301,254	225,970	226,740	278,664	198,851	146,468	222,668	194,583	214,569	39,985	82,178
Purchases of held-to-maturity investment securities
-	-	-	-	-	-	-	-	-	-	410
Proceeds from sales or calls of available-for-sale investment securities
281,906	246,824	228,405	167,163	93,167	79,757	88,146	39,119	44,700	19,594	40,407
Proceeds from Sale and Maturity of Held-to-maturity Securities
-	-	-	9,257	810	0	0	-	-	-	-
Proceeds from calls of held-to-maturity investment securities
-	-	-	-	-	-	-	-	-	-	1,474
Proceeds from maturity and principal repayments of available-for-sale investment securities
25,120	36,495	44,956	50,531	53,593	52,665	76,512	90,798	35,951	28,058	32,877
Proceeds from sale of credit card portfolio
0	2,954	0	0	-	-	-	-	-	-	-
Proceeds from principal repayments of held-to-maturity investment securities
-	-	-	-	-	-	-	-	-	-	2,793
Net decrease (increase) in loans
25,606	20,477	25,542	29,930	24,776	69,047	4,393	-28,089	-2,815	-21,214	-14,379
Proceeds from sale of other real estate owned
-	-	-	-	359	488	263	2,349	2,472	4,203	0
Purchases of premises and equipment
876	791	859	861	741	1,328	1,159	1,353	1,246	595	991
Purchases of bank-owned life insurance
1,000	0	0	-	325	900	0	116	0	0	-
Proceeds from sale of premises and equipment
-	-	-	7	0	363	1	5	0	5	0
Net cash used in investing activities
-20,929	39,035	46,499	-68,328	-75,431	-84,762	-22,315	-36,649	-129,574	32,584	8,781
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand, interest bearing and savings deposits
54,074	-112,134	45,672	26,372	90,732	50,643	75,663	53,265	87,928	33,877	16,415
Net (decrease) increase in time deposits
-3,087	-31,253	-48,044	-25,038	-13,617	-15,634	2,841	-14,819	-25,437	-23,548	-11,306
Proceeds from issuance of Series A preferred stock and warrants
-	-	-	-	-	-	-	-	-	-	7,000
Net proceeds from issuance of Series B preferred stock
-	-	-	-	-	-	-	-	-	-	1,317
Net proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	6,441
Proceeds from short-term borrowings from Federal Home Loan Bank
725,500	568,500	0	0	-	-	-	-	-	-	10,000
Repayments of short-term borrowings to Federal Home Loan Bank
735,500	558,500	7,000	0	0	-	4,000	0	10,000	5,000	10,000
Proceeds of borrowings from other financial institutions
2,870	19,705	0	400	0	0	-	-	-	-	-
Repayments of borrowings from other financial institutions
2,870	19,705	400	0	0	-	-	-	-	-	-
Redemption of preferred stock Series C
-	-	-	-	-	-	7,000	0	0	-	-
Purchase and retirement of common stock
15,619	894	-	-	-	-	-	488	0	0	-
Proceeds from stock issued under employee stock purchase plan
216	211	45	0	0	-	-	-	-	-	-
Repayments of borrowings from other financial institutions
-	-	-	-	-	-	-	-	-	-	6,367
Proceeds from Stock Options Exercised
276	738	2,835	231	60	55	789	385	680	550	175
Repurchase of common stock warrant
-	-	-	-	-	-	-	-	185	0	0
Excess Tax Benefit from Share-based Compensation, Financing Activities
-	-	-	30	6	7	17	26	116	28	7
Cash dividend payments on common stock
5,805	4,270	3,010	2,715	1,979	2,190	2,048	480	0	0	-
Cash dividend payments on preferred stock
-	-	-	-	-	-	438	350	307	349	277
Net cash provided by financing activities
20,055	-137,602	-9,902	-720	75,202	32,881	65,824	37,539	52,795	5,558	13,405
Increase (decrease) in cash and cash equivalents
20,847	-68,656	61,815	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents
-	-	-	-56,049	17,289	-34,724	59,096	8,152	-56,195	52,319	29,162
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Cash paid during the period for:
Interest
2,517	1,460	1,171	1,053	-	-	-	-	-	-	-
Interest
-	-	-	-	1,059	1,171	1,430	1,939	3,186	4,485	6,983
Income taxes
9,140	2,700	4,720	5,840	1,865	1,360	1,790	1,193	826	301	690
Operating cash flows from operating leases
1,643	0	0	-	-	-	-	-	-	-	-
Non-cash investing and financing activities:
Initial recognition of operating lease right-of-use assets
10,129	0	0	-	-	-	-	-	-	-	-
Net gain on bank owned life insurance recorded as a receivable
-	-	-	-	-	31,346	-	-	-	-	-
Transfer of securities from held-to-maturity to available-for-sale
-	-	-	23,131	0	0	-	-	-	-	-
Unrealized gain on transfer of securities from held-to-maturity to available-for-sale
-	-	-	526	0	0	-	-	-	-	-
Transfer of securities from available-for-sale to held-to-maturity
-	-	-	-	-	-	0	0	-	-	-
Unrealized gain on transfer of securities from available-for-sale to held-to-maturity
-	-	-	-	-	163	0	0	-	-	-
Redemption of preferred stock Series A and issuance of preferred stock Series C
-	-	-	-	-	-	-	-	7,000	0	-
Redemption of preferred stock Series A and issuance of preferred stock Series C
-	-	-	-	-	-	-	-	-	-	0
Foreclosure of loan collateral and recognition of other real estate owned
-	-	-	-	227	235	190	2,337	244	3,467	3,921
Transfer of loans to other assets
-	-	-	363	0	-	-	-	209	0	0
Assumption of debt related to foreclosure of other real estate owned
-	-	-	-	121	0	0	-	288	0	0
Payments for (Proceeds from) Federal Home Loan Bank Stock
-781	0	0	-	32	292	-48	957	-157	-90	0
Proceeds from bank-owned life insurance
-	-	-	928	1,365	0	0	-	146	0	430
Common stock issued in acquisitions
0	0	28,405	16,678	0	0	12,494	0	0	-	-