Enterprise bancorp inc /ma/ (EBTC)
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'11
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

4,017

8,739

9,002

7,763

8,696

6,500

7,982

7,574

6,825

2,720

5,506

5,595

5,572

4,953

4,714

4,771

4,313

4,721

4,292

3,515

3,620

4,000

3,831

3,314

3,506

3,484

3,533

3,079

3,433

3,234

3,063

2,905

3,173

-

-

-

2,464

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses

6,147

-400

1,025

955

-400

-400

750

300

1,600

-200

1,225

280

125

490

1,386

267

850

1,167

250

1,225

625

230

765

200

200

1,379

583

534

783

600

800

1,050

300

1,243

1,840

1,192

922

Depreciation and amortization

1,609

1,589

1,572

1,505

1,476

1,678

1,724

1,694

1,740

1,778

1,782

1,738

1,730

1,694

1,514

1,448

1,425

1,441

1,403

1,370

1,389

1,369

1,333

1,372

1,384

1,329

1,228

1,226

1,232

1,194

1,158

1,097

1,036

1,044

1,033

1,028

1,020

Stock-based compensation expense

426

467

461

518

426

462

501

500

385

466

467

496

324

1,031

444

462

443

438

411

466

488

427

409

435

481

423

380

520

339

315

304

334

318

-

-

-

-

Bank Owned Life Insurance Income

153

156

158

162

162

167

167

170

168

174

174

177

176

183

182

191

191

195

157

101

100

100

99

106

108

113

111

119

116

122

122

128

134

-

-

-

-

Debt Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment

100

-

-

-

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss

-

-

-

-

-

-

-

0

1

-

-284

229

540

191

546

63

2

465

7

456

900

789

215

127

488

208

83

468

480

39

38

112

47

44

486

261

0

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

306

Mortgage loans originated for sale

7,957

9,513

9,842

4,764

1,443

4,176

2,554

2,760

3,536

3,787

4,423

6,056

5,554

8,930

9,261

7,409

3,273

5,660

4,687

6,597

6,729

6,916

6,142

4,269

3,537

3,533

6,477

12,368

12,906

19,207

13,653

9,110

12,278

16,379

9,464

4,312

5,562

Proceeds from mortgage loans sold

8,229

12,434

8,060

3,789

1,848

4,174

2,640

2,151

3,828

4,556

4,491

6,090

6,504

9,741

9,259

6,313

4,301

5,395

4,776

6,525

8,131

6,313

7,063

3,298

3,480

3,403

9,504

12,194

18,277

16,656

10,441

11,127

13,517

15,202

6,313

4,195

12,041

Net gains on sales of loans

147

225

139

69

36

81

47

48

84

101

88

138

133

209

198

105

89

119

89

128

156

123

135

75

73

64

171

222

335

320

211

218

240

284

119

64

220

Equity Securities, FV-NI, Gain (Loss)

-198

-

-

-

186

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity Securities, FV-NI, Unrealized Gain (Loss)

-

-

-

-

-

-

-

3

-5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains (Losses) on Sales of Other Real Estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

154

0

0

0

0

0

0

20

101

42

0

-31

76

0

0

0

0

Changes in:
Increase in other assets

3,758

-

-

-

902

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

854

-121

268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income on bank-owned life insurance, net of costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

131

135

138

Accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

202

-

-257

-21

285

-2

200

-68

-123

403

-29

-222

137

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,516

516

-6,807

4,871

-649

-1,525

3,900

94

-4,884

-693

-1,109

1,400

2,490

-506

-177

1,247

-2,930

2,894

-387

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

501

0

-74

437

-527

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-495

2,423

-228

-4,998

5,446

1,143

-1,506

-2,819

4,918

607

-1,926

2,955

-2,959

3,933

-2,542

2,129

903

298

-874

Subordinated debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

190

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-31

-282

315

-300

288

-302

298

-312

278

-302

280

-259

242

-411

-

-

-

-

Increase (decrease) in other liabilities

5,328

-

-

-

-3,355

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in other assets

-

-

-

-

-

-2,688

4,976

-2,425

1,952

-4,684

-917

1,689

-2,114

364

2,028

-4,401

4,183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other liabilities

-

-

-

-

-

1,059

62

3,106

-2,415

-101

3,205

280

-1,027

204

1,868

-702

-669

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

13,839

-

-

-

5,963

-

-

-

-

-

-

-

-

-

6,970

9,192

2,925

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-352

Net cash provided by operating activities

-

-

-

-

-

-

-

14,769

6,227

-

13,192

6,190

8,939

-

-

-

-

-77

5,857

7,816

12,127

-5,629

12,549

7,285

-1,065

2,775

18,332

5,955

8,722

3,726

-4,411

11,725

2,916

4,087

4,061

2,448

9,857

Cash flows from investing activities:
Proceeds from sales of debt securities

2,627

-

-

-

3,648

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of debt securities

6,350

-

-

-

38,788

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities, calls and pay-downs of debt securities

11,283

12,655

13,436

15,486

7,228

15,614

8,333

11,984

6,347

11,508

8,149

6,924

6,062

14,222

6,884

5,039

4,785

5,455

7,189

7,644

6,443

10,186

6,538

11,868

11,905

14,193

5,690

2,671

5,369

14,951

12,643

6,089

3,600

16,746

14,259

15,766

8,975

Net purchases of equity securities

319

-

-

-

415

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of investment securities

-

-

-

-

-

-

-

0

12,705

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of investment securities

-

-

-

-

-

-

-

-

-

-

54,676

481

9,957

-

2,900

1,523

306

11,438

1,580

1,946

10,151

1,042

2,914

19,351

2,064

1,271

932

4,395

2,966

305

319

2,381

540

409

8,306

2,629

0

Net (purchases) proceeds from the sales of FHLB capital stock

1,140

2,460

448

85

-3,866

2,764

-25

248

-2,845

-2,010

2,861

1,190

1,080

210

5

-914

-257

-1,189

0

0

882

0

0

-967

0

0

0

316

-252

0

0

0

-480

0

0

0

0

Purchase of investment securities

-

-

-

-

-

-

-

22,843

44,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investment securities

-

-

-

-

-

-

-

-

-

-

60,737

15,213

15,940

-

44,889

11,747

9,210

35,022

33,871

30,192

9,877

16,166

33,479

34,069

7,204

35,362

16,004

9,263

10,034

13,849

33,241

19,946

16,928

29,474

19,033

13,738

840

Net (increase) decrease in loans

118,465

93,250

59,469

29,798

-2,894

77,299

12,910

8,449

20,260

67,600

87,972

49,554

41,906

37,612

86,810

34,326

4,678

69,643

54,344

55,292

9,459

59,763

22,130

43,678

24,508

51,771

25,605

43,065

44,694

61,739

8,197

43,378

3,144

20,517

52,081

23,933

14,631

Additions to premises and equipment, net

2,603

3,130

5,116

2,283

1,969

1,119

853

1,954

1,371

1,958

2,304

1,435

2,514

885

1,069

2,958

3,006

968

934

1,250

786

1,718

1,555

649

745

2,299

949

1,464

1,868

1,600

1,768

349

613

1,637

1,199

1,083

1,514

Proceeds from OREO sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

114

901

0

0

0

0

0

0

51

601

967

0

259

626

275

0

325

0

Net cash used in investing activities

-114,967

-

-

-

-23,536

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

405

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-21,510

-43,860

-

-91,049

-59,987

-45,421

-76,823

-122,989

-41,555

-11,141

-87,551

-91,770

-77,030

-3,509

-66,419

-48,169

-46,210

-18,488

-73,968

-35,936

-46,991

-47,408

-60,965

-30,489

-54,944

-15,439

-34,198

-49,748

-20,034

-8,010

Cash flows from financing activities:
Net increase in deposits

126,120

2,337

-45,755

73,982

191,384

-46,930

-48,642

88,965

130,027

138,689

-51,109

78,870

5,991

47,312

37,179

96,693

69,589

54,533

4,117

94,204

96,748

-250

22,002

68,228

42,574

-17,955

74,654

94,625

9,641

4,601

16,814

48,605

71,849

-12,330

25,529

34,913

40,975

Net decrease in borrowed funds

-12,004

91,996

3,693

-4

-100,004

99,995

-4

501

-89,000

-60,255

105,000

-2,416

36,000

10,000

0

0

-53,000

29,500

22,855

416

-58,000

57,896

520

-7,000

-29,050

34,654

0

-42,470

17,810

23,546

125

0

-1,625

0

-285

-763

-9,999

Repayment of subordinated debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

10,825

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of subordinated debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

15,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid, net of DRP

1,766

721

1,888

2,185

1,577

369

1,696

1,692

1,686

71

1,563

1,561

1,552

1,488

1,484

1,362

1,350

1,295

1,294

1,290

1,279

1,221

1,217

1,214

1,201

1,146

1,145

1,127

1,117

1,060

1,057

1,054

1,044

992

990

986

977

Proceeds from issuance of common stock

7

-871

312

620

8

-1,046

306

426

435

-1,083

394

401

384

367

371

20,093

352

362

356

362

368

366

308

307

302

291

318

316

314

318

321

318

317

312

316

314

312

Net settlement for employee taxes on restricted stock and options

182

0

49

113

240

125

72

76

286

106

23

108

694

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock option exercises

-

-

-

-

-

-

21

72

215

-

86

84

168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases for tax withholdings on options and restricted stock awards, net of proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

-129

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from stock option exercises

16

-

-

-

144

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

493

-

939

589

127

298

111

46

54

70

3

235

1

Tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

317

0

0

3

1

17

6

1

1

0

0

1

0

0

4

0

Exercise of stock options, net of repurchases for tax withholdings and tax benefit on stock options and restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

88,196

39,705

-

52,785

75,270

40,297

56,902

36,317

115,295

15,651

83,337

26,038

93,715

42,396

57,427

21,636

60,375

13,121

16,019

74,783

51,939

26,776

27,704

16,314

47,915

69,552

-12,940

24,573

33,717

30,312

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

81,455

2,072

-

-25,072

21,473

3,815

-11,685

-79,702

82,932

7,435

-4,291

-59,875

24,501

51,014

-14,621

-13,984

21,450

-6,432

-55,174

57,179

10,903

-11,910

-29,535

-18,586

4,696

57,029

-43,051

-21,114

16,131

32,159

Net cash provided by financing activities

112,191

-

-

-

89,715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

11,063

-

-

-

72,142

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Paid For: Interest

-

-

-

-

-

-

-

-

-

-

1,901

1,766

1,554

1,438

1,349

1,357

1,392

1,251

1,265

1,284

1,667

981

1,602

1,040

1,619

1,015

1,625

1,053

1,676

1,158

1,793

1,434

2,258

369

2,623

1,967

2,583

Cash Paid For: Income taxes

-

-

-

-

-

-

-

-

-

-

2,770

4,295

760

2,847

2,780

4,605

636

2,303

1,451

3,253

587

1,291

2,180

3,375

620

1,708

1,051

3,762

821

1,126

1,351

2,002

2,132

1,721

2,113

2,648

630

Net purchases of (sales proceeds from) investment securities not yet settled

-

-

-

-

-

-

-

-

-

-

1,631

-228

228

-1,516

-4,578

5,693

100

2,296

-5,787

3,550

2,237

-

-

1,446

95

303

-4,578

7,550

-2,572

-5,548

5,548

-514

514

-

-

-

-

Purchase of investment securities not yet settled

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,463

-1,568

3,031

0

Transfer from loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

-1

168

175

0

0

400

395

825

0

0

Capital expenditures incurred not yet paid

-

-

-

-

-

-

-

-

-

-

-

-

104

-

-

257

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-