Entegra financial corp. (ENFC)
CashFlow / Quarterly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Cash flows from operating activities:
Net income

3,997

2,164

3,815

3,723

3,523

3,087

3,582

-3,294

2,471

2,102

1,300

2,352

1,800

858

1,366

1,940

2,165

17,105

2,615

1,302

1,882

668

2,091

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion

297

427

220

502

162

-590

173

511

-9

-21

66

-1,461

396

120

314

-49

238

255

251

223

219

214

219

Investment amortization, net

-776

-852

-820

-850

-844

-1,015

-813

-1,100

-1,214

-1,182

-1,117

-960

-228

-774

-483

-3,582

529

607

400

-342

-288

-283

-246

Equity securities losses (gains)

29

-111

-418

527

-191

-45

53

-241

-138

-100

-207

-57

-93

-104

-74

0

0

0

0

-

-

-

-

Provision for loan losses

0

130

116

147

336

357

361

737

520

325

315

174

100

0

0

0

0

0

-1,500

6

16

6

5

Provision for real estate owned

-

-

-

15

0

65

18

125

0

89

78

80

67

166

342

0

159

-22

113

841

411

462

635

Amortization of core deposit intangible

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Stock compensation expense

290

290

290

313

257

258

257

230

229

229

229

209

228

219

208

-

-

0

0

-

-

-

-

Deferred tax expense

550

220

1,045

539

389

512

895

4,802

1,055

847

393

672

652

767

831

307

518

-17,592

330

408

-43

1,501

255

Loss on sale of investments, net

-

-

-

-23

0

-508

-12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in deferred loan fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

-

72

347

-237

65

-478

24

152

Loss (gain) on sales of securities available for sale

-

-

-

-

-

-

-

-

-

36

7

-

407

429

269

81

35

123

164

5

273

317

62

Other than temporary impairment

-

-

-

-

-

-

-

57

0

0

700

-

0

0

0

-

-

-

-

0

0

0

76

Income on bank owned life insurance, net

189

185

180

283

195

194

200

200

208

214

181

178

110

94

107

110

110

109

112

67

163

113

113

Mortgage banking

475

341

263

203

233

283

239

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking income, net

-

-

-

-

-

-

-

-

-

344

220

-

387

220

140

150

284

85

255

229

145

232

194

Gain on sale of SBA loans

290

17

80

11

257

229

61

110

290

4

142

186

124

284

334

142

467

3

211

540

15

0

74

Net realized gain on sale of real estate owned

44

0

6

-12

-1

33

-16

53

174

41

0

40

4

34

144

4

34

9

24

0

-59

-2

12

Loans originated for sale

12,541

13,008

9,510

12,081

12,971

14,266

9,745

14,926

10,929

13,941

10,848

1,886

23,505

11,965

2,932

12,420

8,279

10,247

4,703

9,711

10,733

5,372

6,123

Proceeds from sale of loans originated for sale

11,868

11,159

8,215

8,695

14,605

13,688

9,866

15,356

11,276

12,930

12,342

6,073

22,888

10,403

6,520

9,135

13,894

7,932

8,698

12,182

6,411

4,479

5,223

Net change in operating assets and liabilities:
Accrued interest receivable

-567

61

226

285

452

167

134

-456

225

-76

275

703

49

-108

262

188

130

92

219

-82

336

-165

163

Loan servicing rights

-43

-190

-84

66

86

-41

-30

43

-5

80

35

177

34

-6

54

26

160

-74

45

123

-25

38

168

Other assets

4

-547

3,711

-657

242

2,004

1,135

-960

474

719

-908

-1,299

-649

182

-287

118

441

-365

862

104

-41

-192

673

Postemployment benefits

-139

-66

105

-582

-54

-70

-163

29

-18

-46

-2

-38

-4

0

29

148

101

84

132

-91

-85

-80

-184

Accrued interest payable

186

371

-474

289

360

233

-170

-63

266

78

-5

10

-21

-15

37

8

-11

-114

7

-1,944

199

42

3

Other liabilities

462

888

-170

-120

2,593

-6,398

-428

-183

595

71

3

-1,559

1,561

648

-22

-2,297

481

101

742

-845

802

-229

290

Net cash provided by operating activities

5,305

3,439

-328

2,167

8,389

-4,515

3,801

5,002

5,001

2,293

5,529

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

3,831

892

5,929

-

8,062

-2,217

5,430

1,670

-962

1,609

1,125

Cash flows from investing activities:
Activity for investment securities:
Purchases

-

-

-

15,896

29,151

56,295

21,758

25,623

42,895

31,601

53,493

115,229

48,232

49,804

53,998

31,843

7,525

53,042

37,550

43,209

29,230

30,766

12,412

Maturities/calls and principal repayments

6,946

6,729

7,177

7,266

8,581

15,393

8,858

8,637

13,787

12,699

8,523

17,732

3,754

9,760

15,000

10,146

14,602

19,758

12,132

10,884

7,691

8,394

3,515

Sales

-

-

-

1,254

-1,427

45,592

10,009

76,830

55,474

19,518

17,324

9,495

39,619

40,992

34,717

5,174

8,141

12,510

13,197

337

3,408

8,484

6,941

Net increase in loans

-10,808

8,181

3,474

7,663

15,765

15,641

31,241

28,437

23,024

34,128

14,426

15,970

7,520

24,195

9,144

18,423

15,240

25,123

216

6,547

-1,331

11,636

625

Proceeds from sale of real estate owned

229

9

34

328

15

40

355

53

705

555

215

200

751

973

249

282

653

201

359

1,198

1,023

685

1,449

Proceeds from settlement of BOLI policies

0

0

1,115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchased loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,795

2,025

7,002

13,367

-

-

0

0

Net cash received in branch acquisition

-

-

-

-

-

-

-

-

0

0

146,750

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of fixed assets

-

-

-

-

-

-

-

0

-279

90

253

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of fixed assets

15

53

39

146

2,538

668

345

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

151

0

144

572

539

31

2,414

-4

462

186

237

Purchase of Small Business Investment Company Holdings, at cost

-361

-326

-467

-230

-72

22

-68

-401

-319

-98

-1,018

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other investment

-

-

-

-

-

-

-

425

0

0

3,053

-

0

0

0

0

0

0

150

4

0

0

209

Purchase of other investments, at cost

-

-

53

0

0

0

78

0

425

0

0

3,825

638

870

540

765

637

1,934

740

900

562

0

0

Net cash provided by (used in) investing activities

17,830

-1,383

4,293

-15,514

-39,930

-11,132

-34,268

28,526

3,116

-33,145

106,675

-107,561

-23,033

-29,092

-13,860

-12,047

-183

-54,671

-28,449

-

-

-

-1,160

Cash flows from financing activities:
Net increase in deposits

32,555

-216

24,366

-32,567

35,084

14,155

43,375

-6,883

-9,445

25,470

3,359

-5,907

7,854

19,359

3,667

-5,425

-9,683

-7,590

-3,674

-7,592

-1,903

27,897

453

Net increase in escrow deposits

557

830

770

-2,009

585

732

653

-1,574

498

749

561

-1,273

432

387

428

-926

219

344

340

-834

275

355

240

Net (decrease) increase in other borrowings

77

-4,999

86

-96

18

292

463

34

5,217

538

108

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from FHLB advances

40,000

105,000

50,000

115,500

60,000

155,500

40,000

171,000

235,001

233,500

340,000

350,500

150,100

170,000

125,000

75,000

70,100

75,500

25,000

20,000

0

0

0

Repayment of FHLB advances

40,000

113,000

50,000

115,500

60,000

165,500

40,000

181,000

225,001

233,500

415,000

260,500

135,100

149,025

115,000

57,000

55,100

30,000

10,000

0

0

0

0

Cash received (paid for shares surrendered) upon exercise of stock options

-

-

-

-1

0

0

117

-6

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for shares surrendered upon vesting of restricted stock

-50

-24

-21

-126

0

-10

-11

-130

-19

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

349

-

-

-

-

-

-

-

-

Proceeds from sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

0

-127

-1,263

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

0

-19

11

309

-

-

-

-

0

0

0

0

-

-

-

-

Net cash provided by financing activities

33,139

-12,419

25,201

-34,799

35,687

5,169

44,597

-18,559

6,270

26,746

-71,281

82,815

23,286

40,245

13,181

13,568

5,536

38,254

11,666

-

-

-

693

Increase (decrease) in cash and cash equivalents

56,274

-10,363

29,166

-48,146

4,146

-10,478

14,130

14,969

14,387

-4,106

40,923

-18,735

4,084

12,045

5,250

-1,760

13,415

-18,634

-11,353

-25,076

44,283

4,836

658

Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest on deposits and other borrowings

4,956

4,655

5,220

4,062

4,055

2,786

2,619

1,736

2,217

1,724

1,730

-

-

-

-

-

-

-

-

-

-

-

-

Interest on deposits and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

1,652

1,613

1,332

-

1,371

1,587

1,545

3,558

1,548

1,532

1,635

Income taxes

20

230

554

-

-

-

-

36

97

-75

150

-

-

-

-

-

-

-

-

-

-

-

-

Noncash investing and financing activities:
Real estate acquired in satisfaction of mortgage loans

-

-

-

259

753

0

749

256

482

0

220

50

25

165

508

320

1,341

372

1,317

684

453

449

614

Loans originated for disposition of real estate owned

0

0

209

230

720

0

54

0

0

1,001

0

-

-

-

-

2,450

16

372

422

347

386

563

300

Loan sales/investments to be settled

-

-

-

-

-

-

-

2,020

0

-6,617

6,617

-

-

-4,080

6,373

-

-

-

3,434

-

-

-

0

Transfer held to maturity investment securities to available for sale investments securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

0

0

4,399

Assets acquired

-

-

-

-

-

-

-

189,194

0

0

3,997

-10

-176

69,789

40,407

-

-

-

-

-

-

-

-

Liabilities assumed

-

-

-

-

-

-

-

479,643

0

0

-154,505

0

1

57,957

39,920

-

-

-

-

-

-

-

-

Net assets/(liabilities)

-

-

-

-

-

-

-

18,561

0

0

-150,508

-10

-177

11,832

487

-

-

-

-

-

-

-

-

Participation loans not qualified for sale accounting

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,086

-

-

-

0

Purchased loans and investments to be settled

-

-

-

-

-

-

-

2,020

0

-6,617

6,617

-

-

-

-

-

-

-

-

-

-

-

0