Citizens community bancorp inc. (CZWI)
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'10
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

2,606

3,169

1,234

4,107

953

1,261

1,099

503

1,341

1,340

-458

1,083

934

940

176

875

675

847

883

612

596

715

1,327

558

321

303

288

166

333

260

205

349

66

-414

176

176

80

-239

Adjustments to reconcile net income to net cash provided by operating activities:
Net premium amortization/discount accretion on investment securities

-111

-137

-229

-246

-287

-281

-316

-278

-249

-209

-220

-92

-239

-244

-284

-231

-340

-280

-273

-209

-211

-217

-256

-258

-250

-260

-245

-307

-241

-215

-507

-173

-200

-108

-137

-77

0

97

Depreciation expense

463

454

405

354

351

313

305

258

256

235

190

208

184

282

488

193

174

216

445

233

272

432

368

234

248

266

274

273

268

264

263

262

260

258

260

174

361

305

Provision for Loan and Lease Losses

2,000

1,400

575

325

1,225

950

450

650

100

100

319

0

0

0

0

0

0

75

121

150

150

235

375

455

480

600

728

750

765

900

900

900

1,100

1,540

1,250

1,364

1,650

1,600

Net realized loss (gain) on equity securities

-83

-

-

-

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gain on debt securities

156

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized (gain) loss on sale of securities

-

-

-

-

-

0

0

4

-21

0

82

0

0

29

16

43

4

0

0

13

46

1

-19

-7

-142

0

0

-56

398

210

152

11

-3

83

-

-

-

-

Increase in MSR assets resulting from transfers of financial assets

-182

-323

-251

-201

-129

-100

-289

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights expense

736

286

325

306

191

175

335

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other-than-temporary impairment on mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

79

7

126

371

293

659

0

0

673

-

-

-

-

Amortization of Intangible Assets

412

411

412

346

327

325

161

161

161

162

100

38

38

43

45

31

21

14

14

15

14

14

14

14

15

14

14

14

14

14

15

28

83

83

-

-

-

-

Other-than-temporary impairment mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

620

Amortization of core deposit intangible

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

83

Amortization of restricted stock

139

100

127

103

140

127

94

94

67

16

35

17

15

16

13

-20

26

27

26

26

26

18

18

18

18

12

12

12

12

9

6

5

6

5

3

1

0

1

Net stock based compensation expense

4

4

5

5

4

5

6

5

-5

6

8

8

7

8

-

-7

16

16

15

16

16

12

11

12

12

8

-

8

7

8

6

5

5

5

-

-

-

-

Loss on sale of office properties and equipment

0

0

0

59

-27

0

-1

4

0

0

-179

0

0

-2

0

0

0

0

-8

0

7

-7

3

0

2

-328

-152

0

-16

0

0

0

0

-134

-

-

-

-

Provision for deferred income taxes

-

-

-

-

-

-

-

-

-137

0

-

-

-38

-412

106

-288

-233

-34

-10

-17

-110

278

-10

-16

-1,146

160

-182

0

0

0

-

-

-

-

-

-

-

-

Deferred income taxes

-150

-752

0

0

0

0

-331

0

137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance

142

168

154

117

113

110

318

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (gain) loss from disposals of foreclosed and repossessed assets

68

-18

16

128

-1

-30

-46

-475

-1

-13

-48

11

15

-10

-7

-2

27

52

-36

-34

17

22

8

35

15

13

32

7

50

13

32

19

11

2

-60

-6

46

-5

Fair value adjustment on equity securities

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for valuation allowance on foreclosed properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

0

7

27

13

56

5

0

9

10

35

22

127

86

33

25

0

0

0

135

Gain on sale of loans held for sale, net

780

902

679

573

308

388

234

226

483

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans held for sale

-3,392

1,729

108

671

-1,004

-378

6,940

-7,003

-1,297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in accrued interest receivable and other assets

-1,131

-1,488

-3,355

-1,095

1,441

156

1,269

-751

-951

-250

202

-771

-3,407

3,859

-1,916

-303

1,766

-245

19

219

-1,304

1,526

68

-957

1,236

326

-42

-618

-30

91

-1,830

-423

-860

239

-603

-363

-291

-770

Decrease in other liabilities

-340

2,880

-2,746

-694

-3,042

733

-2,851

4,484

-1,013

435

-1,147

-55

-1,332

-368

-176

-244

518

-500

-59

110

-171

496

-326

370

7

149

-1

145

236

-1,214

-456

127

-58

61

183

248

772

-642

Total adjustments

6,653

3,184

1,383

316

-1,510

2,563

-10,518

13,925

1,739

1,426

-185

210

2,628

-3,239

2,505

734

-469

355

893

578

1,869

-369

679

2,362

1,069

1,217

1,640

2,312

1,547

197

1,844

1,979

2,481

2,568

2,122

2,036

2,877

2,780

Net cash provided by (used in) operating activities

9,259

6,353

2,617

4,423

-557

3,824

-9,419

14,428

3,080

2,766

-643

1,293

3,562

-2,299

2,681

1,609

206

1,202

1,776

1,190

2,465

346

2,006

2,920

1,390

1,520

1,928

2,478

1,880

457

2,049

2,328

2,547

2,154

2,298

2,212

2,957

2,541

Cash flows from investing activities:
Purchase of investment securities

-

-

-

-

-

-

-

-

25,708

3,311

-

-

0

15,739

4,603

658

4,415

9,989

17,537

19,616

12,888

4,191

1,925

5,874

12,286

421

12,380

14,243

24,892

20,029

11,593

10,107

21,767

15,647

-

-

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in other interest-bearing deposits

738

501

1,727

255

1,225

0

980

239

-1,244

993

1,218

-250

0

0

0

7,241

250

-250

-1,497

0

-250

-1,000

0

0

0

1,743

4

249

0

-2,241

0

2,739

6,606

198

-

-

-

-

Purchase of available for sale securities

9,985

30,458

-549

6,581

17,425

30,171

2,810

5,104

25,708

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of held to maturity securities

8,063

-

-

-

0

395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from principal payments and sale of available for sale securities

25,149

50,642

0

2,874

5,102

2,840

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of securities available for sale

-

-

-

-

-

-

-

-

0

0

-

-

0

10,644

4,047

13,940

3,725

0

-1

7,221

20,100

1,965

2,292

4,636

16,563

0

0

20,059

14,527

10,194

8,865

5,658

8,654

3,888

-

-

-

-

Proceeds from principal payments and maturities of held to maturity securities

142

-17,580

8,698

10,742

139

164

3,176

3,389

2,211

2,009

3,139

2,490

2,443

1,525

4,882

6,012

2,848

2,441

2,468

2,069

1,962

1,672

2,004

1,520

1,514

1,854

1,620

2,596

2,610

2,795

3,030

2,979

2,354

1,783

2,158

2,428

3,431

3,932

Net sales of other investments

-6

-

-

1,337

-55

3,548

-

-845

-444

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of non-marketable equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of non-marketable equity securities

-

-

-

-

-

-

-

7,613

445

56

-

0

953

0

-

-

-

-

239

411

-1

240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of non-marketable equity securities

-

-

-

-

-

-

-

6,768

1

915

-

86

0

331

0

3

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of foreclosed and repossessed assets

997

800

254

1,122

862

420

3,176

1,256

373

542

398

284

159

270

369

282

137

473

274

290

495

264

1,056

697

313

276

1,185

339

666

363

646

491

389

541

699

231

348

184

Net increase in loans

4,957

54,164

-21,760

833

27,637

33,796

-9,892

47,537

-9,001

-1,795

31,514

-15,115

-13,953

-24,820

-8,569

5,375

-3,244

3,592

-6,195

4,046

-6,719

-9,059

6,649

22,232

477

4,097

4,674

17,365

1,863

-5,145

-2,413

5,577

-1,927

-34

1,937

-6,109

-8,847

-4,003

Net capital expenditures

423

622

3,402

2,395

352

590

393

1,122

890

550

243

68

180

118

250

193

169

349

114

126

57

34

129

32

40

284

204

114

193

38

93

156

86

138

67

-148

171

487

Net cash (disbursed) acquired in business combinations

-

-

-

-

-

-48,130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of office properties and equipment

-

-

-

-

-

0

1

73

0

0

14

0

0

7

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

1

0

464

-

-

-

-

Net cash provided by (used in) investing activities

3,604

-53,264

23,815

4,147

-38,031

-16,946

13,661

-47,930

-15,813

619

-38,098

16,985

13,828

21,078

13,014

31,903

15,621

-11,266

-10,219

-13,559

16,088

7,975

-3,862

-25,980

5,737

-929

-14,449

-11,479

-8,645

-3,811

3,894

-3,384

-1,150

-8,877

6,943

15,273

-19,402

7,632

Cash flows from financing activities:
Net (decrease) increase in short-term Federal Home Loan Bank advances

-64,994

17,505

-42,500

13,016

13,015

36,012

5,000

-27,000

-9,000

4,000

22,100

7,409

-13,000

14,200

417

-5,600

2,583

0

13,000

-5,000

-3,000

-5,000

-6,000

7,161

1,230

6,500

-2,950

5,000

-1,500

200

1,100

13,050

5,500

-800

-4,900

-7,500

0

-21,400

Proceeds from long-term Federal Home Loan Bank advances

57,500

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

16

-

-

-

28

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other borrowings to fund business combination, net of debt issuance costs

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other borrowings to fund business combination, net of origination costs

-

-

-

-

-

-

0

420

-420

-420

19,625

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of Other Debt

-

-

-

-

-

0

14,351

420

420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in deposits

-15,647

33,952

-2,346

-15,190

23,137

-11,688

1,993

-4,079

7,546

-1,435

5,466

-11,796

-4,183

-22,565

-27,547

-39,629

-11,030

1,434

-155

966

1,083

4,637

9,949

5,360

-4,044

-8,896

5,190

5,665

9,284

5,201

-4,639

-9,534

-7,899

-4,843

-10,101

-23,492

173

6,091

Proceeds from private placement stock offering, net of issuance costs

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock canceled/retired Wells ESOP

-

-

-

-

-

-

-

-

-

1

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase shares of common stock

1,838

-

-

-

0

0

0

0

1

0

0

0

0

16

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Surrender of restricted shares of common stock

21

6

3

35

9

8

8

25

0

-

-

-

-

-

1

7

30

12

1

6

17

12

1

5

6

10

0

4

0

0

-

-

-

-

-

-

-

-

Proceeds from Stock Options Exercised

0

0

0

8

195

90

0

0

41

9

47

8

59

0

-

-

-

-

0

0

122

177

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

2,372

0

0

0

2,198

0

0

0

1,181

-

-

-

-

-

0

0

629

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-27,356

50,475

-21,164

-2,920

34,168

24,406

2,521

29,765

-3,014

2,153

46,669

-4,379

-17,984

-8,381

-26,994

-34,179

-9,045

1,422

12,845

-4,040

-2,231

-198

3,948

12,516

-3,027

-2,406

2,240

10,558

7,784

5,401

-3,539

3,516

-2,399

-5,643

-15,001

-30,992

173

-15,309

Net decrease in cash and cash equivalents

-14,493

3,564

5,268

5,650

-4,420

11,284

6,763

-3,737

-15,747

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-3,737

-15,747

5,538

7,928

13,899

-594

10,398

-11,299

-667

6,782

-8,642

4,402

-16,409

16,322

8,123

2,092

-10,544

4,100

-1,815

-10,281

1,557

1,019

2,047

2,404

2,460

-1,002

-12,366

-5,760

-13,507

-16,272

-5,136

Supplemental cash flow information:
Cash paid during the period for:
Interest on deposits

3,238

-

-

-

-

2,183

1,623

1,408

1,254

1,245

1,027

1,040

1,041

1,091

1,232

972

927

960

10

946

946

950

-

876

877

950

19

1,187

1,194

1,267

1,257

1,274

1,347

1,482

3,365

1,712

1,854

1,992

Interest on borrowings

1,029

-

-

-

-

753

824

820

722

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on borrowings

-

-

-

-

-

-

-

820

722

577

-

146

174

264

264

168

163

164

-18

154

163

167

-

279

162

143

124

110

117

192

285

333

325

330

393

451

454

676

Income taxes

0

-

-

-

-

578

240

302

618

0

639

508

469

2

273

88

433

690

235

259

718

2

-

5

78

1

2

201

232

355

260

16

0

5

7

3

2

3

Supplemental noncash disclosure:
Transfers from loans receivable to foreclosed and repossessed assets

879

-

-

-

-

252

598

43

423

125

248

203

52

288

88

81

138

323

316

192

346

409

-

456

486

773

1,397

636

268

712

333

483

667

134

653

1,076

482

192

Fair value of assets acquired, net of cash and cash equivalents

-

-

-

-

-

215,958

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of liabilities assumed, net of cash and cash equivalents

-

-

-

-

-

285,118

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-