Eagle Bancorp, Inc EGBN Cash Flow

Eagle bancorp, inc (EGBN)

CashFlow / Quarterly

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
23,123	35,456	36,495	37,243	33,749	40,317	38,948	37,296	35,715	15,569	29,874	27,772	27,017	25,717	24,523	24,145	23,322	22,348	21,463	20,938	19,418	14,727	14,088	12,944	12,499	12,003	11,757	11,675	11,572	10,198	9,675	7,783	7,633	7,174	6,494	5,754	5,136
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
14,310	2,945	3,186	3,600	3,360	2,600	2,441	1,650	1,969	4,087	1,921	1,566	1,397	2,112	2,288	3,888	3,043	4,595	3,262	3,471	3,310	3,700	2,111	3,134	1,934	2,508	1,372	2,357	3,365	4,139	3,638	4,443	3,970	2,765	2,887	3,215	2,116
Provision for unfunded commitments
2,112	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
1,171	521	2,086	1,895	1,672	1,677	1,731	1,750	1,811	1,722	1,690	1,699	1,772	1,598	1,528	1,504	1,596	-337	2,112	3,090	2,915	5,513	1,222	1,173	1,119	1,066	1,066	1,041	1,054	998	828	803	761	716	642	638	575
Amortization of operating lease right-of-use assets
-	-	1,662	714	646	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of loans
944	2,600	2,563	1,923	1,388	1,331	1,434	1,675	1,523	2,804	2,173	2,519	2,048	3,100	3,009	3,992	1,463	2,609	2,483	3,294	3,587	2,200	1,822	1,021	1,843	1,223	2,938	4,768	5,649	4,075	3,144	2,584	4,139	2,185	1,065	1,106	1,701
Gains on sale of GNMA loans
-	-	-	16	55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities premium amortization (discount accretion), net
-1,513	-1,220	-1,447	-1,148	-1,371	-1,148	-1,128	-1,082	-1,087	-1,187	-856	-937	-1,006	-1,112	-1,077	-1,193	-1,142	-1,210	-958	-663	-683	-818	-917	-860	-861	-856	-840	-455	-1,011	-5,072	-1,143	-1,231	-1,288	-	-	-	-
Origination of loans held for sale
187,338	228,201	206,660	139,129	91,736	0	100,466	122,327	102,316	225,572	130,599	197,323	153,995	251,388	262,254	218,315	125,644	184,365	172,392	274,226	279,612	187,452	163,659	122,910	98,321	130,264	169,820	295,897	387,351	489,515	419,105	284,320	278,308	383,107	249,404	102,032	81,049
Proceeds from sale of loans held for sale
184,953	226,293	194,459	123,830	92,165	1,147	113,665	119,382	103,062	231,710	156,119	180,082	178,105	280,977	246,468	208,663	128,920	175,195	271,845	207,595	264,758	186,589	159,638	110,382	120,332	128,663	238,319	328,596	487,225	437,908	353,775	271,633	371,777	316,373	168,051	90,108	150,862
Net increase in cash surrender value of BOLI
414	418	431	429	425	434	373	356	344	358	369	372	367	383	391	390	390	398	395	406	390	364	295	310	314	300	231	95	94	98	100	97	97	100	100	100	101
Deferred income tax (benefit) expense
562	3,366	-498	-1,543	-1,264	-2,929	7,959	-2,966	1,433	-17,681	633	-1,909	-17	4,874	-256	185	825	3,814	1,262	2,075	-422	10,686	217	-1,560	-1,803	-2,889	1,099	4,222	1,533	3,108	-423	2,148	15	2,460	402	-613	-169
Gain on sale of investment securities
822	-111	153	563	912	29	0	26	42	0	11	26	505	71	1	498	624	30	60	0	2,164	12	0	2	8	-4	0	0	23	-75	464	148	153	-	-	-	-
Decrease in value of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	194	6	350	0	0	750	49	84	52	453	-	-	-	-	-	-	-	-	-	-	-	-
Net loss (gain) on sale of other real estate owned
-	-	-	-	-	-	-	-	-	0	60	0	-361	25	94	-10	573	-119	-44	-148	-17	-16	-38	0	-100	-	-	-	-	0	-56	143	-61	-145	-260	0	-39
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-1,130	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
996	1,036	3,147	1,472	2,029	1,320	2,031	1,667	1,476	1,369	1,030	1,313	1,856	1,748	1,847	1,882	1,430	1,413	1,253	1,259	1,148	1,033	1,033	1,023	892	875	877	867	685	436	432	441	1,186	259	345	287	186
Net tax (expense) benefits from stock compensation
-312	-58	0	0	10	2	0	0	108	0	0	-129	589	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits realized from stock compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	234	26	75	65	1,039	78	417	1,450	640	215	48	75	88	52	136	134	282	60	10	17	75	6	15	47
(Increase) decrease in other assets
15,337	28,614	-362	2,985	-9,897	4,407	-750	-12,875	25,519	-3,735	13,673	8,792	594	-3,565	3,048	6,255	-713	-424	-2,677	6,530	296	1,481	-230	7,969	3,411	-3,707	5,051	-495	-823	-3,563	246	-3,223	2,743	6,991	1,044	-1,950	2,877
Increase (decrease) in other liabilities
13,337	39,123	9,928	-5,299	-23,943	12,947	3,368	-8,824	-5,430	795	17,723	-15,648	7,478	-4,490	9,076	-1,952	5,911	-4,160	5,543	-691	623	9,851	4,710	5,606	-18,311	15,252	888	-1,804	-3,486	9,473	520	1,187	-9,362	4,664	7,306	-558	-756
Net cash provided by operating activities
35,786	40,345	43,534	21,101	27,704	57,544	53,830	45,460	8,621	46,671	61,695	-9,531	62,089	52,264	18,240	9,817	36,499	8,902	132,487	-50,475	7,675	19,461	17,863	4,474	17,710	35,939	76,251	39,022	107,465	-25,216	-52,100	1,294	91,842	-59,961	-66,890	-1,837	72,552
Cash Flows From Investing Activities:
Purchases of available-for-sale investment securities
138,594	243,955	67,121	28,824	34,748	85,383	95,973	118,259	32,269	58,420	89,348	20,023	35,183	130,828	48,613	16,172	41,378	33,624	108,409	105,986	26,885	3,185	20,367	8,288	18,564	34,114	22,468	37,008	54,783	38,240	16,550	6,001	56,763	30,396	108,635	116,531	8,325
Proceeds from maturities of available-for-sale securities
54,426	84,325	62,656	40,549	26,674	24,947	26,757	20,895	21,249	20,190	18,266	14,544	22,922	18,532	20,265	21,280	24,182	21,945	4,900	15,011	12,110	9,969	15,646	7,572	4,384	8,995	1,121	13,790	12,079	16,795	9,823	9,869	10,520	6,472	49,722	29,542	7,866
Decrease in interest bearing deposits with other banks and short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	1,712	20	66	698	2,684	-62	141	295	-660	-17	48	-5	-35	-58	-89	94	-11	1,693	-1,540	-131	98,848	-88,646	-14	1,464
Proceeds from sale/call of available-for-sale securities
78,000	21,818	40,839	19,343	22,800	4,326	3,000	11,708	17,266	3,021	12,055	6,863	51,161	93	6,500	72,017	15,700	45,906	89	0	65,701	32,417	0	10,998	6,487	0	0	0	22,148	14,196	47,335	1,633	13,920	-	-	-	-
Purchases of Federal Reserve and Federal Home Loan Bank stock
9,044	10,720	14,069	59,986	16,164	61	5,632	13,857	28,322	5,343	8,540	10,850	8,275	5,485	56	2,168	793	38	37	46	2,322	5,566	31	27	26	26	26	66	613	13	1,595	35	1,133	1,164	8	5	878
Proceeds from redemption of Federal Reserve and Federal Home Loan Bank stock
4,250	4,250	19,337	60,988	4,675	13,812	4,250	12,750	29,878	0	6,163	7,820	4,302	-	-	0	0	0	0	0	8,100	2,073	0	0	-699	0	0	0	-153	-	-	-	-	-	-	-	-
Net increase in loans
293,507	-10,406	168,191	221,014	184,972	147,620	193,829	50,026	191,918	329,620	100,350	160,479	147,618	195,642	83,034	249,527	159,159	223,631	228,156	109,833	134,100	104,207	154,351	217,114	119,871	156,351	106,807	150,677	60,707	99,152	81,487	134,486	132,432	28,101	83,837	159,671	117,971
Purchases of BOLI
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	110	389	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of annuities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	992	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	0	1,205	0	939	2,525	552	490	2,572	3,631	860	833	153	315	97	0	108	-	-	-	-	0	64	499	338	335	333	254	5,073
Increase in premises and equipment
83	-	-	-	876	-	-	-	283	3,299	588	623	1,248	2,590	2,388	1,471	977	2,607	1,314	391	348	831	1,198	1,711	1,483	1,392	589	1,563	1,792	1,686	1,443	1,646	1,232	2,085	1,335	743	1,361
Net cash used in investing activities
-304,522	-137,728	-130,395	-186,401	-182,603	-191,742	-271,218	-137,442	-184,399	-373,492	-161,137	-162,748	-113,000	-309,558	-106,754	-175,485	-159,155	-185,734	-332,129	-200,381	-78,677	-228,712	-160,221	-208,522	-128,271	-189,759	-128,414	-199,142	-83,421	-106,761	-41,646	-131,247	-166,913	44,261	-213,382	-179,280	-114,132
Cash Flows From Financing Activities:
Increase (decrease) in deposits
917,177	-178,122	452,621	266,973	-291,366	601,980	103,547	146,957	267,817	-59,968	46,255	78,208	73,375	157,965	222,161	146,342	31,202	231,856	101,155	241,068	273,597	76,007	165,923	94,238	48,275	241,355	95,823	75,401	-84,387	382,132	901	145,630	-23,860	-355,254	806,515	113,954	100,082
Increase (decrease) in customer repurchase agreements
397	683	-1,372	5,251	-3,995	-6,033	7,311	-19,230	-28,196	2,992	-793	-7,798	13,284	-2,766	-8,866	13,545	-5,393	7,463	11,499	-5,195	-2,531	2,163	-1,689	-5,791	-14,034	-1,795	-15,061	4,663	-8,674	25,970	-22,336	-13,876	8,218	-44,309	10,774	47,144	-7,831
Issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-65	94,698	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in short-term borrowings
50,000	-	-	-25,000	250,000	-	-	25,000	-50,000	125,000	55,000	70,000	75,000	-	0	50,000	0	0	0	0	-100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in long-term borrowings
50,000	-	-	-	-	-	-	-	-	-	-	-	-	95	147,491	0	0	0	-4,050	-5,250	-40,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	181	194	164	180	151	142	141	141	142	142	141	141	142	142	141	140	314	288	291
Proceeds from exercise of equity compensation plans
-	0	0	36	296	438	0	0	338	115	0	191	66	673	30	93	159	536	106	1,095	3,439	1,224	784	55	250	737	490	290	467	907	19	323	436	266	370	220	88
Excess tax benefits realized from stock compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	234	26	75	65	1,039	78	417	1,450	640	215	48	75	88	52	136	134	282	60	10	17	75	6	15	47
Payment in lieu of fractional shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from employee stock purchase plan
196	197	212	183	190	200	216	193	199	205	229	197	205	229	201	214	157	207	194	215	153	173	150	171	127	158	132	139	114	-	-	-	144	-	-	-	-
Common stock repurchased
44,168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
7,225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided (used in) by financing activities
966,377	-56,166	285,749	239,844	-44,875	271,585	136,074	152,920	190,158	68,344	100,691	140,798	161,930	106,430	361,043	210,269	26,190	169,140	108,801	232,091	230,638	256,920	235,232	88,579	34,552	240,401	81,294	80,477	-92,487	413,606	1,960	137,290	-15,186	-399,891	851,369	161,045	92,095
Net Increase (Decrease) In Cash and Cash Equivalents
697,641	-153,549	198,888	74,544	-199,774	137,387	-81,314	60,938	14,380	-258,477	1,249	-31,481	111,019	-150,864	272,529	44,601	-96,466	-7,692	-90,841	-18,765	159,636	47,669	92,874	-115,469	-76,009	86,581	29,131	-79,643	-68,443	281,629	-91,786	7,337	-90,257	-415,591	571,097	-20,072	50,515
Supplemental Cash Flows Information:
Interest paid
26,483	24,151	30,099	24,986	26,749	20,401	23,163	14,890	15,352	8,515	12,609	7,131	11,517	5,835	7,215	4,876	6,105	3,786	5,887	3,868	6,045	3,096	2,876	2,748	3,022	2,832	3,440	2,863	3,775	3,183	3,872	3,258	4,622	4,497	5,759	4,486	5,303
Income taxes paid
-	11,400	11,400	13,900	17,950	15,300	8,700	14,700	16,500	16,400	18,500	28,300	6,000	18,200	14,300	26,550	7,100	14,100	10,600	19,600	8,350	8,300	4,550	12,650	7,550	0	4,820	13,250	5,875	6,200	4,701	1,300	5,950	5,770	4,750	3,850	1,730
Non-Cash Investing Activities
Initial recognition of operating lease right-of-use assets
-	0	0	0	29,574	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfers from loans to other real estate owned
6,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	225	1,500	0	4,981	0	85	245	-	-	-	-	-	-	-	-	-	-	-	-
Transfers from other real estate owned to loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,192	0	-	-	-	-	-6,474	221	5,714	3,900	-	650	2,540	365	0	1,064	415	1,645