Eagle Bancorp, Inc EGBN Cash Flow

Eagle bancorp, inc (EGBN)

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
142,943	152,276	100,232	97,707	84,167	54,258	47,007	35,289	24,558	16,657	10,419
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
13,091	8,660	8,971	11,331	14,638	10,879	9,602	16,190	10,983	9,308	7,669
Depreciation and amortization
6,174	6,969	6,883	6,226	7,780	9,027	4,227	3,390	2,571	2,465	2,084
Gains on sale of loans
8,474	5,963	9,544	11,564	11,973	6,886	14,578	13,942	6,057	2,836	1,054
Gains on sale of GNMA loans
139	342	2,450	-	-	-	-	-	-	-	-
Securities premium amortization (discount accretion), net
-5,186	-4,445	-3,986	-4,524	-3,514	-3,456	-3,162	-8,734	-2,861	-2,562	-
Origination of loans held for sale
665,726	325,109	707,489	857,601	910,595	572,342	983,332	1,471,248	815,592	453,784	88,547
Proceeds from sale of loans held for sale
636,747	337,256	746,016	865,028	919,393	576,941	1,182,803	1,435,093	725,394	377,599	90,769
Net increase in cash surrender value of BOLI
1,703	1,507	1,466	1,554	1,589	1,283	720	392	401	430	463
Deferred income tax (benefit) expense
61	3,497	-18,974	5,628	6,729	7,540	3,965	4,848	2,080	1,833	1,310
Gain on sale of investment securities
1,517	97	542	1,194	2,254	22	19	690	1,445	1,330	1,538
Decrease in value of other real estate owned
-	-	-	200	1,100	638	-	-	-	-	-
Net loss (gain) on sale of other real estate owned
-	-	-301	682	-328	-154	-772	26	-444	-366	164
Loss on early extinguishment of debt
-	-	-	-	-1,130	0	-	-529	-	-	-
Stock-based compensation expense
7,684	6,494	5,568	6,907	5,073	3,981	3,304	2,495	1,077	585	578
Net tax (expense) benefits from stock compensation
-48	110	460	-	-	-	-	-	-	-	-
Excess tax benefits realized from stock compensation
-	-	-	400	2,984	978	410	369	143	187	98
(Increase) decrease in other assets
21,340	16,301	19,324	5,025	3,725	12,631	26	-3,797	8,962	-3,448	8,197
Increase (decrease) in other liabilities
19,809	2,061	10,348	8,545	1,315	1,856	10,850	1,818	10,656	4,153	-2,207
Net cash provided by operating activities
132,684	165,455	160,924	116,820	98,589	59,508	258,677	15,820	-56,136	-43,257	7,941
Cash Flows From Investing Activities:
Purchases of available-for-sale investment securities
374,648	331,884	202,974	236,991	274,904	50,404	148,373	117,554	263,887	129,282	179,555
Proceeds from maturities of available-for-sale securities
214,204	93,848	75,922	84,259	53,966	37,571	35,985	47,007	93,602	61,908	52,210
Decrease in interest bearing deposits with other banks and short-term investments
-	-	-	2,496	3,058	-634	-88	11	11,652	-4,168	-4,995
Proceeds from sale/call of available-for-sale securities
104,800	36,300	73,100	94,310	111,696	49,902	22,148	77,084	85,923	73,321	53,136
Purchases of Federal Reserve and Federal Home Loan Bank stock
100,939	47,872	33,008	8,502	2,443	5,650	731	2,776	2,055	9	2,618
Proceeds from redemption of Federal Reserve and Federal Home Loan Bank stock
89,250	60,690	18,285	2,125	8,100	1,374	-153	-2,324	-1,341	-898	1,800
Net increase in loans
563,771	583,393	738,067	687,362	695,720	595,543	474,542	447,557	389,580	285,675	144,966
Proceeds from redemption of BOLI
-	-	-	-	-	-	95	-	-	-	-
Purchases of BOLI
580	11,000	-	-	499	1,058	25,603	-	-	-	-
Purchase of annuities
2,589	-	-	-	992	0	11,227	-	-	-	-
Proceeds from sale of other real estate owned
-	-	2,144	6,139	5,477	520	6,783	901	5,995	2,304	1,547
Acquisition of Virginia Heritage, net of cash
-	-	-	-	-	156,581	-	-	-	-	-
Increase in premises and equipment
2,839	1,482	5,758	7,426	4,660	5,223	5,336	6,007	5,524	2,579	1,671
Net cash used in investing activities
-637,127	-784,801	-810,377	-750,952	-796,921	-725,726	-600,736	-446,567	-462,533	-283,282	-225,112
Cash Flows From Financing Activities:
Increase (decrease) in deposits
250,106	1,120,301	137,870	557,670	847,676	384,443	328,192	504,803	665,297	266,524	330,894
Increase (decrease) in customer repurchase agreements
567	-46,148	7,685	-3,480	11,236	-19,351	-20,867	-2,024	5,778	6,794	-8,012
Issuance of Series C Preferred Stock
-	-	-	-	-	15,300	-	-	56,600	-	-
Decrease in other short-term borrowings
-	-	-	-	-	-	-	-	-	-	45,000
Decrease in long-term borrowings
-	-	-	-	-	-	-	-	-	-	12,850
Issuance of common stock
-	-	-	-	94,633	144,093	-	42,956	-	-	51,658
Redemption of Series B Preferred Stock
-	-	-	-	56,600	-	-	-	-	-	-
Redemption of Series C Preferred Stock
-	-	-	-	15,300	-	-	-	-	-	-
Increase in short-term borrowings
250,000	-325,000	325,000	-	-100,000	7,500	-	-	-	-10,000	-
Redemption of Series A Preferred Stock
-	-	-	-	-	-	-	-	-23,235	-	15,000
Increase (decrease) in long-term borrowings
-	-	-	147,586	-49,300	80,000	-	-10,000	-	-	-
Payment of dividends on preferred stock
-	-	-	-	600	614	566	566	1,033	1,160	1,885
Proceeds from exercise of equity compensation plans
332	776	372	955	5,176	2,313	1,984	1,685	944	453	123
Excess tax benefits realized from stock compensation
-	-	-	400	2,984	978	410	369	143	187	98
Payment in lieu of fractional shares
-	-	-	-	4	0	11	-	-	-	-
Proceeds from employee stock purchase plan
782	808	836	801	769	621	543	447	124	-	-
Common stock repurchased
54,903	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
22,332	-	-	-	-	-	-	-	-	-	-
Net cash provided (used in) by financing activities
424,552	750,737	471,763	703,932	740,670	615,283	309,685	537,670	704,618	262,798	300,026
Net Increase (Decrease) In Cash and Cash Equivalents
-79,891	131,391	-177,690	69,800	42,338	-50,935	-32,374	106,923	185,949	-63,741	82,855
Supplemental Cash Flows Information:
Interest paid
105,985	73,806	39,772	24,031	19,586	11,742	12,910	14,935	20,045	20,092	25,898
Income taxes paid
54,650	55,200	69,200	66,150	52,650	33,050	23,945	18,151	16,100	8,847	7,575
Non-Cash Investing Activities
Initial recognition of operating lease right-of-use assets
29,574	-	1,145	-	-	-	-	-	-	-	-
Transfers from loans to other real estate owned
93	-	-	2,500	1,725	5,311	14,842	3,955	2,740	2,070	-
Transfers from other real estate owned to loans
-	-	-	-	2,192	0	3,361	-	3,124	-	7,178