Equitable financial corp. (EQFN)
CashFlow / Quarterly
Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14
Cash Flows from Operating Activities:
Net income

350

-107

328

385

275

309

265

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

242

222

274

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

395

106

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

85

87

91

88

86

84

83

83

86

87

86

83

83

80

72

Federal Home Loan Bank stock dividends

1

2

3

1

0

0

0

0

0

0

0

0

3

6

6

ESOP expense

42

41

40

40

40

37

34

32

33

20

18

18

14

12

12

Stock compensation expense

56

56

56

56

28

14

14

13

14

14

29

23

18

58

15

Amortization of deferred loan origination costs, net

-136

-124

-121

-138

-109

-133

-126

-134

-125

-111

-108

-109

-116

-107

-126

Amortization of premiums and discounts

0

-0

-0

-1

-1

-3

-3

-4

-4

-4

-3

-4

-4

-4

-4

Amortization of prepayment penalty fee

-

-

-

-

-

-

-

-

-

-

-

0

113

51

51

Gain on sale of loans

71

169

133

260

103

255

236

185

151

196

216

234

71

205

211

(Gain)/Loss on sale of foreclosed assets

-

-

-

-

-

-

-

0

1

0

9

0

0

0

2

Loss on disposal of premises and equipment

-

-

-

-

-

-

-

-7

0

-47

-2

-

-

-

-

Provision for loan losses

134

662

204

261

60

169

152

115

2

84

72

153

-857

-0

146

Deferred taxes

24

101

-69

629

-66

-116

116

100

119

114

10

113

358

43

51

Loans originated for sale

3,119

5,962

5,024

10,181

3,918

10,517

8,609

6,159

5,303

7,343

8,767

9,530

3,147

8,674

6,719

Proceeds from sale of loans

3,564

5,660

5,124

10,366

3,978

10,605

8,770

10,096

1,990

8,184

8,236

10,049

3,188

8,760

6,946

Loss on investment in partnership

-

-

-

30

-0

-7

-27

0

-7

-7

-13

-

-

-

-

Changes in:
Accrued interest receivable

61

-281

434

64

-102

-151

339

21

51

-328

358

-11

-58

-241

372

Other assets

-1,337

1,786

-235

-172

-174

330

-89

-313

-99

472

-360

-140

879

-115

107

Accrued interest payable and other liabilities

-167

877

253

-566

344

-91

-50

-31

797

-614

-12

-234

525

-113

-139

Net cash provided by operating activities

2,371

-122

791

1,018

1,113

215

447

-

-

-

-

-

-

-

-

Net cash provided/(used) in operating activities

-

-

-

-

-

-

-

-

-1,982

598

-127

899

163

887

-20

Cash Flows from Investing Activities:
Net change in loans

5,656

6,364

9,288

16,002

7,791

6,775

8,736

11,549

-1,962

4,704

6,989

14,111

-1,019

3,079

4,995

Proceeds from sale of foreclosed assets, net

-

-

-

-

-

-

-

0

112

0

3

0

0

0

59

Securities available-for-sale:
Proceeds from calls and principal repayments

20

24

36

33

38

73

63

70

55

63

34

117

109

124

94

Purchases

-

-

-

-

-

-

-

0

0

0

469

-

-

-

-

Securities held-to-maturity:
Proceeds from calls and principal repayments

7

10

6

8

7

16

10

11

10

2,426

44

108

50

136

66

Redemption of Federal Home Loan Bank stock

2

178

219

-

-

-

-

-

-

-

-

0

328

19

5

Purchases of Federal Home Loan Bank stock

0

0

221

-

-

-

-

-

-

-

-

0

0

0

13

Purchase of premises and equipment

75

34

103

53

56

58

325

26

13

70

14

87

45

150

124

Net cash used in investing activities

-5,210

-6,426

-9,351

-16,234

-7,558

-7,728

-8,987

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

2,128

-1,786

-7,390

-13,972

1,462

-2,199

-4,907

Cash Flows from Financing Activities:
Net change in deposits

34,508

11,042

6,099

6,169

14,614

-1,389

2,700

-9,611

10,338

11,470

-4

-2,945

12,838

12,654

2,458

Net change in federal funds purchased

150

414

-165

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank borrowings

0

0

23,000

-

-

-

-

-

-

-

-

0

0

0

1,410

Repayments of Federal Home Loan Bank borrowings

0

3,963

20,782

-

-

-

-

-

-

-

-

-

-

-

-

Net change in advance payments from borrowers for taxes and insurance

35

265

-172

-12

4

238

-184

-68

44

206

-200

-58

73

207

-175

Stock Buyback

471

73

36

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of ESOP Shares

-

-

-

-

-

-

-

0

0

0

951

-

-

-

-

Expenses and return of proceeds in advance of offering

-

-

-

-

-

-

-

0

0

0

2,555

-

-

-

-

Net cash provided by financing activities

33,923

6,857

8,272

12,690

9,383

3,057

2,516

-

-

-

-

-

-

-

-

Increase/(Decrease) in cash and cash equivalents

31,084

308

-287

-2,525

2,939

-4,454

-6,024

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

10,382

11,677

-3,712

14,350

1,928

11,452

3,692

Increase/(Decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

10,528

10,490

-11,230

1,277

3,553

10,140

-1,235

Supplemental Cash Flow Information:
Interest paid on deposits and borrowings

455

421

366

315

279

267

268

-

-

-

-

-

-

-

-

Interest paid on deposits and borrowings

-

-

-

-

-

-

-

-

264

256

248

254

368

284

269

Income taxes paid

200

150

283

0

0

0

162

-7

0

30

115

10

10

8

93