ENTERPRISE FINANCIAL SERVICES CORP EFSC Cash Flow

Enterprise financial services corp (EFSC)

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
Cash flows from operating activities:
Net income
89,451	92,739	87,178	80,625	84,452	89,217	73,217	67,016	56,720	48,190	54,289	49,806	50,203	48,837	45,888	43,765	40,129	38,450	33,738	32,227	30,671	27,173	24,827	25,039	28,912	33,104	34,898	34,418	32,151	28,296	30,087	27,989	27,496	25,423	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation
6,081	5,719	5,097	4,568	3,845	3,532	3,477	3,405	3,743	3,281	3,226	2,941	2,280	2,428	2,140	2,083	2,068	2,022	2,067	2,170	2,194	2,238	2,528	2,500	2,527	2,783	2,521	2,611	2,663	2,529	2,624	2,628	2,698	2,737	0	0	0
Provision for credit losses
27,160	6,372	7,151	7,581	6,250	6,644	7,431	7,591	10,615	10,130	7,844	7,265	4,230	3,605	2,610	1,138	2,908	458	2,926	743	-529	5,492	8,035	12,005	4,554	4,332	6,264	16,042	22,896	22,790	16,077	12,212	16,506	16,103	0	0	0
Deferred income taxes
2,890	5,800	5,262	3,964	3,744	3,307	22,688	20,095	22,433	21,105	4,621	7,920	6,882	7,263	-3,819	-5,057	-4,268	-5,763	-244	3,823	3,093	4,277	-3,665	-7,953	-8,506	-9,943	-6,373	-5,646	-8,454	-8,535	-7,806	-7,038	-3,951	-733	0	0	0
Net amortization of debt securities
-3,620	-2,973	-2,362	-1,924	-1,565	-1,691	-1,689	-1,663	-1,638	-2,415	-2,939	-3,420	-3,814	-3,225	-3,133	-3,108	-3,126	-3,256	-3,398	-3,561	-3,710	-3,810	-3,899	-4,204	-4,698	-5,593	-6,663	-7,223	-7,774	-7,923	-8,066	-7,719	-6,954	-6,210	0	0	0
Amortization of intangible assets
6,153	5,500	4,585	3,630	2,682	2,500	2,588	2,681	2,810	2,600	2,126	1,645	1,127	924	965	1,006	1,048	1,089	1,131	1,172	1,155	1,254	1,330	1,626	1,855	1,905	1,979	1,834	1,822	1,879	1,949	1,709	1,354	999	0	0	0
Gain on sale of investment securities
247	-49	45	-292	-292	9	9	31	31	22	0	0	0	-	-	-	-	23	23	23	23	0	0	611	611	1,295	1,295	684	818	1,156	1,158	1,926	2,298	1,450	0	0	0
Mortgage loans originated-for-sale
111,391	81,941	45,353	22,810	27,927	36,229	53,720	83,316	112,736	138,949	154,519	167,808	166,444	157,129	157,952	136,305	133,405	135,721	117,404	112,026	95,688	74,135	66,347	75,233	68,996	78,335	92,877	86,305	93,347	99,499	94,762	90,734	83,093	72,449	0	0	0
Proceeds from mortgage loans sold
104,365	77,302	39,974	22,869	29,218	39,310	59,877	86,779	117,043	145,836	156,152	173,842	168,097	154,993	155,377	132,578	135,391	133,552	118,532	112,597	90,288	72,529	67,772	77,555	72,948	88,845	95,634	84,053	93,609	93,737	91,245	87,189	80,078	71,405	0	0	0
Valuation adjustments and sale of other real estate
-5	113	59	61	79	13	0	0	0	-	-	-	-	1,837	683	941	244	142	78	160	868	1,531	3,315	3,673	3,318	3,363	635	902	1,796	2,225	2,975	2,753	1,596	862	0	0	0
Sale of state tax credits
2,515	2,549	2,781	2,611	2,726	2,820	2,757	2,642	2,587	2,581	2,080	2,231	2,375	2,647	2,550	2,643	2,564	2,720	2,461	2,296	2,429	2,252	2,149	2,301	2,133	2,503	2,241	2,189	2,737	2,207	2,315	3,427	3,827	3,645	0	0	0
Excess tax benefit of share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	1,327	1,037	1,120	1,079	449	260	257	284	205	323	323	296	222	0	0	0	-	-	-	-	-53	0	0	0
Share-based Payment Arrangement, Noncash Expense
4,071	4,032	3,914	3,728	3,655	3,452	3,467	3,482	3,279	3,427	3,471	3,317	3,439	3,367	3,423	3,489	3,627	3,601	3,333	3,164	2,983	2,950	4,117	4,784	5,005	5,048	3,882	3,201	3,072	2,537	2,137	1,842	1,335	1,466	0	0	0
Valuation adjustment on other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	42	-	160	188	393	696	1,099	1,279	1,243	1,443	1,159	1,338	1,906	2,398	3,642	3,873	5,296	4,702	0	0	0
Net accretion of loan discount
12,408	10,494	8,548	5,609	1,829	1,700	3,066	3,401	5,062	5,609	6,688	8,366	9,822	11,057	11,076	10,115	8,664	7,805	15,504	7,443	7,173	9,879	1,851	13,528	13,550	16,435	19,497	28,112	29,169	24,398	21,740	9,496	14,595	13,950	0	0	0
Changes in other assets and liabilities, net
Increase (Decrease) in Other Operating Assets and Liabilities, Net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest receivable
-	-	-	-	-	-	0	0	5,049	-	2,893	1,006	638	2,718	-133	203	737	443	1,133	911	584	653	-356	-2,210	-2,571	-1,179	-2,583	-430	158	-695	1,503	558	750	50	0	0	0
Accrued interest payable
-	-	-	-	-	-	0	0	132	-	706	181	719	476	-132	-195	-303	-214	-74	-42	-29	-114	-9	-160	-295	-303	-492	-415	-395	-480	-531	-900	-841	-647	0	0	0
Prepaid FDIC insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,607	3,703	4,288	2,791	2,933	2,405	2,412	2,718	2,904	0	0	0
Other assets
-	-	-	-	-	-	0	0	-1,346	-	4,884	1,972	164	7,739	-3,506	-7,774	-2,820	-10,457	-7,630	-5,444	-4,750	205	-6,336	9,250	12,144	12,002	28,597	14,355	5,778	6,063	-5,120	4,565	7,597	2,386	0	0	0
Other liabilities
-	-	-	-	-	-	0	0	4,784	-	5,602	-121	-11,587	41,943	-4,499	-1,909	13,100	7,582	5,454	2,999	5,653	49	6,017	10,843	4,613	7,914	4,234	621	-1,653	16,285	9,426	4,294	4,292	-8,699	0	0	0
Net cash provided by operating activities
109,307	92,457	115,512	77,507	102,305	108,808	92,040	105,303	98,994	45,791	68,055	67,217	47,415	82,521	35,259	36,372	52,913	47,187	41,188	44,930	37,283	31,494	47,613	27,969	20,116	29,308	11,447	17,385	24,313	37,373	40,063	30,537	30,238	27,131	0	0	0
Cash flows from investing activities:
Payments for Previous Acquisition
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Previous Acquisition
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received from acquisition of Legacy Bank
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,926	0	0	0
Net decrease (increase) in loans
432,572	284,235	282,937	200,601	150,892	257,872	240,824	382,884	306,161	270,090	273,032	281,115	313,753	328,023	394,062	303,544	365,093	290,326	259,828	252,431	213,853	240,640	134,568	117,093	31,097	-36,169	59,850	44,852	69,293	107,283	11,490	33,158	83,200	85,034	0	0	0
FDIC loss share receivable, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,275	4,843	6,967	8,745	9,605	7,814	7,751	11,551	10,981	16,122	29,069	81,712	91,641	90,656	88,756	41,244	41,415	0	0	0
Sale of debt securities, available-for-sale
98,763	357,976	314,189	263,298	259,420	1,451	1,451	1,973	1,973	144,076	144,076	146,047	146,047	2,493	2,493	0	0	41,069	41,069	41,069	41,069	0	0	36,710	36,710	159,604	159,604	122,894	169,294	110,876	110,876	159,909	143,633	84,456	0	0	0
Paydown or maturity of debt securities, available-for-sale
174,380	146,132	117,694	101,675	92,190	84,189	79,757	77,089	121,409	143,949	143,558	141,707	92,831	63,502	59,520	57,318	55,912	53,733	52,405	50,972	48,115	47,678	49,127	54,692	63,435	82,641	100,474	110,190	119,279	122,955	133,024	164,853	166,599	164,460	0	0	0
Paydown or maturity of debt securities, held-to-maturity
7,773	7,447	6,169	6,022	6,027	6,397	7,353	7,027	6,969	6,510	5,208	5,232	4,404	3,655	3,028	2,351	2,200	2,284	2,303	1,533	970	455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of other investments
74,483	61,917	62,715	58,684	48,504	50,274	44,641	42,545	44,688	43,207	36,470	41,355	46,659	52,279	55,535	48,497	37,989	39,929	39,770	46,382	47,520	29,045	22,574	23,352	31,621	30,632	29,637	20,429	8,340	9,238	6,583	10,137	7,010	6,061	0	0	0
Sale of state tax credits held for sale
13,494	14,689	15,640	15,030	15,743	14,718	13,979	12,968	12,577	15,314	18,230	19,091	19,438	18,757	15,902	15,800	15,683	16,337	14,068	13,664	13,586	12,814	12,696	12,236	13,714	16,723	14,324	14,598	13,929	10,606	13,053	16,767	18,143	16,690	0	0	0
Sale of other real estate
5,175	4,798	4,788	3,156	941	875	0	0	0	-	-	-	-	11,346	9,788	10,010	5,153	7,378	8,486	12,228	17,141	17,259	18,690	18,387	18,589	19,558	24,880	29,448	38,614	53,850	60,672	65,258	58,665	43,828	0	0	0
Payments for the purchase of:
Available-for-sale debt securities
424,836	577,211	531,600	473,871	353,424	172,026	170,061	123,995	195,864	325,393	273,339	295,636	233,400	81,195	72,419	126,987	109,812	152,044	150,934	97,880	83,680	53,664	53,664	66,885	90,585	60,732	123,960	122,578	267,971	278,163	391,099	416,405	294,526	431,374	0	0	0
Other investments
82,795	68,963	68,457	61,698	48,941	51,828	55,785	59,154	53,958	56,412	46,586	46,359	50,533	49,645	60,398	50,668	45,501	36,046	36,084	41,204	39,995	33,477	22,406	20,281	32,442	29,225	28,719	25,091	8,616	8,714	8,432	5,241	1,732	1,655	0	0	0
State tax credits held for sale
13,284	11,356	10,979	3,233	7,869	6,017	22,853	22,930	16,996	18,294	5,997	5,852	7,150	8,201	9,326	19,905	20,218	20,981	14,004	3,425	3,112	0	0	0	0	-	-	-	-	19,157	20,415	20,185	2,174	1,838	0	0	0
Fixed assets, net
5,987	6,337	4,674	3,356	3,933	3,035	3,051	3,321	2,669	2,546	3,076	2,896	2,238	2,496	2,243	1,868	1,968	2,111	1,497	2,056	2,168	1,901	1,772	1,332	1,218	1,338	1,364	1,605	2,031	4,675	4,927	4,505	3,843	910	0	0	0
Net cash (used in) provided by investing activities
-585,407	-378,520	-399,573	-317,015	-164,354	-331,618	-344,660	-450,416	-386,968	-312,444	-284,774	-306,995	-321,378	-358,057	-390,379	-367,042	-423,522	-337,250	-299,403	-224,181	-165,662	-212,826	-169,073	-120,027	-68,651	176,084	121,747	122,871	76,980	-6,282	21,092	181,555	205,188	394	0	0	0
Cash flows from financing activities:
Net increase (decrease) in noninterest-bearing deposit accounts
168,064	57,551	64,245	-38,470	-84,277	-23,189	14,216	31,905	64,833	96,681	125,285	105,421	156,750	149,296	70,397	94,915	38,656	74,530	-4,046	-17,042	68,281	-10,756	89,641	70,422	20,568	-19,719	-1,508	-5,679	13,374	101,325	61,193	87,679	81,572	126,953	0	0	0
Net increase (decrease) in interest-bearing deposit accounts
284,729	44,300	268,471	268,709	258,825	454,760	137,049	294,757	185,053	61,204	43,933	22,425	177,827	299,474	240,465	241,762	218,460	218,551	308,246	243,153	154,231	-32,686	43,508	98,097	8,065	-32,876	-101,508	-230,361	-222,743	-233,828	-370,572	-446,676	-359,835	-298,933	0	0	0
Repayments of FHLB advances, net
-9,825	95,500	-49,000	-171,500	-429,975	-102,500	-59,181	-49,681	74,319	172,500	1,322,681	1,394,681	1,509,181	1,467,000	1,565,000	1,390,000	1,028,400	979,900	1,108,800	1,561,400	1,573,500	1,133,500	821,600	622,000	642,000	795,000	765,000	440,500	313,500	195,500	133,500	104,698	41,998	23,254	0	0	0
Proceeds from Federal Home Loan Bank advances
-	-	-	-	-	-	0	0	1,519,819	-	1,442,181	1,517,181	1,529,181	1,357,000	1,619,000	1,395,000	1,152,900	945,900	1,063,800	1,480,800	1,449,500	1,227,500	821,600	584,600	692,000	765,000	759,000	541,000	306,500	173,500	157,500	91,500	20,000	0	0	0	0
Repayments of Notes Payable
8,143	8,714	6,286	4,857	2,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,200	0	0	0	-	-	-	-	-	-	-	-
Proceeds from Issuance of Long-term Debt
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in other borrowings
890	9,436	1,125	-6,256	5,582	-32,224	-47,309	-49,964	-68,462	-79,417	-37,029	-39,293	-14,848	6,654	138	16,916	12,624	36,143	8,762	17,503	-2,554	30,352	20,863	-5,163	-3,155	-22,433	20,260	45,733	88,091	78,825	46,376	42,977	6,262	33,484	0	0	0
Cash dividends paid on common stock
17,548	16,568	15,034	13,557	12,066	10,845	10,406	10,172	10,212	10,249	0	0	0	-	-	-	-	-	-	-	4,185	4,177	4,152	4,128	4,041	3,946	3,868	3,790	3,771	3,757	3,745	3,736	3,728	3,577	0	0	0
Dividends, Common Stock, Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit of share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	1,327	0	0	0	-	-	-	284	205	240	271	286	222	63	118	76	66	11	-67	-59	-53	0	0	0
Repurchase of common stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Proceeds from the issuance of equity instruments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	311	2,264	2,579	3,366	2,882	1,558	1,629	611	857	1,468	0	0	0
Payments for Repurchase of Common Stock
30,873	15,526	24,364	16,329	16,329	19,387	6,840	19,694	19,694	16,636	16,636	178	678	4,889	4,889	4,711	4,211	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,711	1,749	1,749	1,750	1,750	0	0	0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
438,301	256,767	384,498	251,651	140,430	266,039	225,577	404,606	222,074	221,174	281,328	247,246	376,731	380,181	346,729	341,170	377,509	283,524	261,293	156,618	90,061	71,459	144,032	116,151	64,735	-111,193	-117,629	-117,897	-155,012	-102,864	-242,853	-334,167	-266,067	-133,050	0	0	0
Net increase in cash and cash equivalents
-37,799	-29,296	100,437	12,143	78,381	43,229	-27,043	59,493	-65,900	-45,479	64,609	7,468	102,768	104,645	-8,391	10,500	6,900	-6,539	3,078	-22,633	-38,318	-109,873	22,572	24,093	16,200	94,199	15,565	22,359	-53,719	-71,773	-181,698	-122,075	-30,641	-105,525	0	0	0
Supplemental Cash Flow Information [Abstract]
Cash paid during the period for interest
64,673	65,667	63,727	58,016	50,993	45,650	39,447	33,627	28,998	24,610	20,475	17,620	14,423	13,253	12,894	12,668	12,597	12,583	12,995	13,381	13,864	14,500	14,912	15,780	17,283	18,462	19,670	20,510	21,197	22,687	24,474	27,216	29,072	30,429	0	0	0
Cash paid during the period for income taxes
-	-	-	-	-	10,136	11,559	6,843	13,106	12,449	15,553	13,301	11,983	26,039	26,868	28,370	26,347	15,763	8,758	7,012	3,944	8,993	11,783	18,695	28,025	27,133	24,728	17,891	17,322	11,333	15,703	22,662	22,593	21,621	0	0	0
Noncash transactions:
Transfer to other real estate owned in settlement of loans
0	-	0	0	0	-	0	0	0	-	-	-	-	-	0	0	10,041	-	9,005	9,709	6,038	9,869	8,975	17,873	23,750	22,623	27,801	23,911	22,940	26,484	22,425	21,708	18,822	22,913	0	0	0
Issuance of common stock from Trust Preferred Securities conversion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,002	5,002	25,445	25,445	20,443	0	0	0	-	-	-	-	-	-	-	-
Sales of other real estate financed
-	-	-	-	-	-	-	-	-	-	-	-	-	140	140	140	140	0	2,981	6,976	7,588	8,083	8,782	7,470	7,843	9,244	5,919	5,827	7,475	5,619	8,750	6,732	5,219	5,621	0	0	0
Right-of-use assets obtained in exchange for lease obligations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-