Essa bancorp, inc. (ESSA)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
OPERATING ACTIVITIES
Net income

3,407

3,410

3,708

3,047

2,859

3,009

3,085

2,821

2,263

-1,638

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

1,762

1,631

1,937

1,529

2,112

2,129

1,957

2,306

2,457

2,432

2,596

2,372

2,626

1,502

2,004

2,028

1,876

2,040

2,879

-2,124

794

659

886

1,790

1,241

1,215

1,012

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses

500

375

200

400

600

876

925

975

1,100

1,000

1,100

750

750

750

750

600

600

600

575

525

525

450

350

500

750

750

800

1,100

850

1,000

800

600

650

500

450

475

650

480

Provision for depreciation and amortization

273

263

259

264

275

286

287

291

294

305

308

312

334

351

347

438

484

392

346

339

325

316

313

365

292

291

285

291

283

286

260

243

243

240

252

258

280

292

Amortization and accretion of discounts and premiums, net

-523

-600

-690

-688

-719

-848

-1,009

-1,023

-1,060

-1,167

-1,071

-1,171

-1,093

-1,123

-1,202

-1,101

-918

-832

-2,067

-177

-24

-121

-370

-362

-227

-240

-299

-314

-522

-369

-350

-405

-389

-423

-289

-238

-289

-379

Net gain on sale of investment securities

160

221

-

-

39

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized and unrealized loss (gain) on equity securities

-6

1

-

2

3

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

477

413

365

3

-

-

-

-

-

-

-

-

0

11

708

30

-

-

-

-

-

-

-

-

Gain on sale of loans, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

11

81

334

-

-

-

-

0

0

0

3

Origination of mortgage loans sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

346

363

5,858

12,963

-

-

-

-

0

0

0

97

Proceeds from sale of mortgage loans originated for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

374

8,035

11,547

-

-

-

-

0

0

0

100

Compensation expense on ESOP

182

189

173

175

177

175

185

178

179

183

170

172

178

166

157

152

152

151

146

146

139

130

129

121

126

124

124

122

125

114

121

114

113

121

129

135

144

147

Amortization of right-of-use asset

232

211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock based compensation

93

240

123

71

98

252

63

103

104

80

86

100

79

66

51

62

40

39

32

30

34

17

49

48

67

55

55

406

528

527

528

558

531

534

534

534

534

560

Increase in accrued interest receivable

315

53

-552

-261

777

-379

375

-14

6

124

310

-90

-21

181

-2

41

129

348

-47

213

-101

-58

19

851

-116

-106

-237

-50

103

-360

191

13

49

-326

-33

28

134

-328

Increase in accrued interest payable

179

-5

-563

74

385

119

67

225

-150

184

-146

326

-166

-17

-102

72

-25

171

-64

117

-132

114

-204

226

-333

309

-139

125

-268

-13

-891

134

-305

226

-264

267

-299

135

Earnings on bank-owned life insurance

235

241

245

242

240

244

250

250

249

255

258

256

256

263

245

229

234

230

234

231

231

239

236

234

225

228

240

235

248

226

218

194

196

198

200

170

131

137

Deferred federal income taxes

-33

360

115

-116

284

743

1,007

40

196

3,329

1,208

-624

92

78

529

-853

52

114

1,291

-168

138

-477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in prepaid FDIC insurance premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,868

2,383

-274

-175

1,791

-153

-152

-146

-146

-181

-206

-166

Decrease in accrued pension liability

-148

-148

-120

-119

-120

-119

-121

-120

-120

-135

-42

-38

-42

339

653

-695

294

296

-

-

117

116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-590

3

-151

-

901

438

307

816

617

-118

510

323

31

-502

-126

Loss (gain) on foreclosed real estate, net

-86

20

12

-35

-11

115

-

-

-32

36

250

19

5

96

47

77

-161

10

0

-8

137

38

-

65

93

-42

-30

100

172

226

-22

17

-40

-67

58

131

-118

-106

Amortization of identifiable assets

68

72

74

74

77

84

88

102

135

144

158

158

164

163

175

191

223

174

151

157

163

166

203

282

237

237

242

250

249

250

193

81

81

81

-

-

-

-

Other, net

995

-128

-3,589

4,333

230

-2,942

-1,241

1,923

250

1,660

-202

-1,281

3,049

914

-165

3,167

558

-780

-1,164

2,491

1,771

216

-654

707

1,600

-606

-3,380

484

46

2,038

-1,829

-911

578

51

-935

-386

-422

-12

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

6,922

5,330

4,359

5,587

4,858

3,355

5,317

5,408

5,065

3,546

3,755

3,507

4,033

3,173

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

5,653

4,903

1,363

8,942

4,536

3,349

5,180

7,329

5,013

5,864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,963

6,360

6,060

-4,184

2,977

2,621

3,913

3,227

1,798

1,833

3,330

INVESTING ACTIVITIES
Purchase of certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

0

500

-

-

-

-

-

-

-

-

Certificate of deposit maturities

-

-

-

-

-

-

-

-

-

-

500

0

0

250

250

0

0

250

-

2

0

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities

10,985

13,024

-

-

20,524

9,931

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,631

16,717

11,657

17,365

-

-

-

-

-

-

-

-

0

23

38,083

1,106

-

-

-

-

-

-

-

-

Proceeds from principal repayments and maturities

12,023

13,434

12,963

11,735

11,426

10,833

10,334

10,795

13,016

19,254

16,420

11,164

17,686

15,506

13,493

13,759

16,809

31,094

13,288

16,635

18,642

11,676

13,085

-9,382

24,293

12,952

15,808

15,041

27,115

37,955

17,921

15,325

18,168

21,253

25,826

14,184

18,761

34,940

Purchases

-

-

-

-

-

-

-

6,714

28,162

22,455

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases

11,297

26,235

-

-

0

20,729

-

-

-

-

19,244

19,883

20,137

27,912

29,602

32,438

19,882

30,134

23,999

21,215

22,263

7,054

40,116

-7,501

29,764

15,457

21,500

17,392

50,066

42,306

-3,866

13,157

49,781

32,895

16,066

16,009

28,052

36,687

Proceeds from principal repayments and maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

821

1,353

Increase in loans receivable, net

13,687

17,446

2,430

-29,896

1,861

30,601

5,128

12,302

16,925

41,724

14,210

17,347

-12,550

6,758

-11,719

-348

9,068

3,972

12,461

14,913

20,642

1,774

8,824

-6,960

-15,479

-4,586

-13,434

5,404

-475

-8,214

-1,132

773

440

4,272

-1,411

-1,208

-1,965

17,860

Redemption of regulatory stock

3,914

3,882

4,150

4,248

5,714

4,239

9,229

6,376

5,883

3,151

5,925

4,996

6,290

5,123

9,504

4,927

2,595

4,345

4,692

4,219

2,737

4,704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of regulatory stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-626

-

-3,904

-2,792

-2,860

-1,385

-762

-802

-844

-888

-936

-984

-1,037

Purchase of regulatory stock

10,072

3,429

3,241

2,103

5,226

6,387

5,605

5,739

6,272

6,164

4,637

6,155

3,571

6,340

8,156

6,246

3,408

4,304

3,986

5,112

3,741

3,060

2,342

1,782

1,187

1,235

-

-

-

-

-

-

-

-

-

-

-

-

Investment in limited partnership

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-124

341

0

110

509

1,823

1,674

945

-

-

-

-

Acquisition, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

16,174

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of foreclosed real estate

0

111

198

391

197

432

401

328

339

498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of foreclosed real estate

-

-

-

-

-

-

-

-

-

-

-

664

690

867

685

636

537

202

711

512

1,576

455

990

671

1,285

82

309

448

1,147

1,246

732

743

407

472

-

-

-

-

Purchase of premises, equipment and software

415

328

279

215

99

237

-178

73

111

-45

192

70

145

238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital improvements to foreclosed real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

17

2

11

-

-

-

-

-

-

-

-

-

-

-

-

0

-26

0

-20

Purchase of premises, equipment, and software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

332

187

179

400

274

150

179

275

179

231

219

48

83

242

236

245

105

342

131

221

56

26

129

142

Net cash used for investing activities

-

-

-

-

-

-

-

-

-

-

-

-

13,363

-19,502

9,825

-2,484

-939

-1,728

-7,095

-17,420

-20,549

4,698

-19,290

-15,385

23,464

1,506

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for investing activities

-8,549

-16,987

11,615

36,920

30,925

-32,519

-4,850

-7,329

-10,158

-47,395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,286

19,271

8,220

115,377

362

-24,577

-15,764

27,351

-5,282

-606

-17,379

FINANCING ACTIVITIES
Decrease in deposits, net

-21,751

6,534

13,787

35,160

-14,034

-28,938

66,989

30,513

-11,668

-23,840

58,399

-21,913

45,434

-21,879

45,480

-40,766

-30,064

-8,857

21,201

-28,244

-2,657

-27,435

-9,206

-17,521

-6,713

-44,668

28,559

8,468

36,140

-21,745

-38,929

13,027

35,526

2,420

-17,445

23,156

50,943

40,860

Net increase in short-term borrowings

134,179

-2,982

-13,596

-76,996

-41,531

60,051

-40,233

-21,339

27,309

76,590

-8,219

24,714

-53,967

45,458

-23,702

26,919

42,191

-7,287

-29,517

10,855

-878

2,859

29,271

40,749

5,000

10,000

-9,212

-826

-51,462

41,219

32,281

1,000

0

6,000

4,000

0

-11,856

-2,863

Proceeds from other borrowings

37,599

13,928

17,505

13,900

55,700

20,000

5,000

13,530

10,500

14,600

20,000

25,460

12,847

4,750

9,000

40,000

5,000

47,300

24,396

28,845

16,731

21,129

13,250

12,000

9,000

21,500

8,000

3,000

9,800

7,000

-

-

-

-

30,000

0

0

8,300

Repayment of other borrowings

13,797

16,549

9,597

20,900

28,400

26,350

17,396

21,845

25,834

34,000

44,000

26,460

29,250

19,780

19,000

30,000

23,500

27,300

4,100

0

2,000

7,200

7,500

42,177

9,210

5,000

23,900

15,900

11,200

39,000

122,188

22,400

21,750

11,000

15,247

17,000

24,000

33,000

Increase in advances by borrowers for taxes and insurance

1,360

3,661

-

3,575

1,918

1,609

-

2,614

779

6,246

-7,050

3,098

1,396

2,763

-7,198

3,640

1,522

2,719

-7,344

3,052

1,490

2,982

-7,831

3,054

1,510

2,398

-8,345

3,882

2,482

3,511

-6,986

1,733

1,481

2,347

-5,169

2,134

1,125

1,826

Purchase of treasury shares

2,573

1,045

-

-

-

-

-

-

-

-

-

-

-

-

163

-138

-25

301

855

474

118

1,685

2,888

652

480

196

3,071

4,366

6,771

293

-

-

-

-

6,272

2,641

3,985

4,019

Dividends on common stock

1,154

1,153

1,049

1,062

1,064

1,091

984

989

976

963

962

961

960

947

939

939

938

931

937

940

940

729

740

757

759

544

544

569

577

605

605

548

550

546

548

577

591

599

Net cash provided by (used for) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-23,693

10,365

3,496

-1,008

-5,764

5,343

2,844

13,094

11,628

-10,079

14,356

-5,304

-1,652

-16,510

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used for) financing activities

133,863

2,394

-1,434

-46,323

-33,952

25,281

5,302

3,103

1,164

38,633

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,311

-21,588

-9,913

-118,427

-3,620

15,957

-779

-10,681

5,072

11,636

10,505

Increase and decrease in cash and cash equivalents

130,967

-9,690

11,544

-461

1,509

-3,889

5,632

3,103

-3,981

-2,898

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-2,884

-3,408

-3,807

17,680

2,095

-1,845

6,970

1,066

1,082

-3,856

-1,835

-1,179

-17,182

25,845

-11,831

6,322

-3,634

4,043

4,367

-7,234

-281

-5,999

-12,630

19,897

1,588

12,863

-3,544

SUPPLEMENTAL CASH FLOW DISCLOSURES
Cash Paid:
Interest

4,433

4,692

5,647

5,211

5,011

4,865

4,525

3,931

4,062

3,424

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

3,241

3,035

3,071

2,792

2,899

2,489

2,662

2,440

2,709

2,544

2,867

2,462

2,918

2,382

2,717

2,517

3,074

3,244

4,320

3,706

4,367

4,096

4,803

4,215

4,844

4,579

Income taxes

5

3

-

-

-

-

0

0

0

-2

0

0

-64

-325

-

-

-

-

-

-

-

-

-

0

2

0

0

7

650

5

-

-

-

-

0

700

1,400

375

Noncash items:
Transfers from loans to foreclosed real estate

151

194

-79

266

-3

52

150

421

285

403

70

189

1,564

548

1,053

487

310

416

481

653

1,025

564

281

969

742

631

747

295

132

525

1,560

612

227

286

1,178

663

1,096

412

Initial recognition of operating right-of-use asset

0

7,272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease liability

0

7,272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized holding gains

5,533

-242

-

4,089

4,827

5,055

-

-1,741

-6,527

-1,951

-

1,128

1,048

-10,096

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

-90

116

-

-

-

-

-96

-551

647

-175