ESSA Bancorp, Inc. ESSA Cash Flow

Essa bancorp, inc. (ESSA)

CashFlow / TTM

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	Dec'10
OPERATING ACTIVITIES
Net income
13,572	13,024	12,623	12,000	11,774	11,178	6,531	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	6,859	7,209	7,707	7,727	8,504	8,849	9,152	9,791	9,857	10,026	9,096	8,504	8,160	7,410	7,948	8,823	4,671	3,589	2,208	215	4,129	4,576	5,132	5,258	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses
1,475	1,575	2,076	2,801	3,376	3,876	4,000	4,175	3,950	3,600	3,350	3,000	2,850	2,700	2,550	2,375	2,300	2,225	2,075	1,850	1,825	2,050	2,350	2,800	3,400	3,500	3,750	3,750	3,250	3,050	2,550	2,200	2,075	2,075	2,055	0	0	0
Provision for depreciation and amortization
1,059	1,061	1,084	1,112	1,139	1,158	1,177	1,198	1,219	1,259	1,305	1,344	1,470	1,620	1,661	1,660	1,561	1,402	1,326	1,293	1,319	1,286	1,261	1,233	1,159	1,150	1,145	1,120	1,072	1,032	986	978	993	1,030	1,082	0	0	0
Amortization and accretion of discounts and premiums, net
-2,501	-2,697	-2,945	-3,264	-3,599	-3,940	-4,259	-4,321	-4,469	-4,502	-4,458	-4,589	-4,519	-4,344	-4,053	-4,918	-3,994	-3,100	-2,389	-692	-877	-1,080	-1,199	-1,128	-1,080	-1,375	-1,504	-1,555	-1,646	-1,513	-1,567	-1,506	-1,339	-1,239	-1,195	0	0	0
Net gain on sale of investment securities
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized and unrealized loss (gain) on equity securities
0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,258	0	0	0	-	-	-	-	-	-	-	-	749	0	0	0	-	-	-	-	-	-	-	-
Gain on sale of loans, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	426	0	0	0	-	-	-	-	3	0	0	0
Origination of mortgage loans sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,530	0	0	0	-	-	-	-	97	0	0	0
Proceeds from sale of mortgage loans originated for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,956	0	0	0	-	-	-	-	100	0	0	0
Compensation expense on ESOP
719	714	700	712	715	717	725	710	704	703	686	673	653	627	612	601	595	582	561	544	519	506	500	495	496	495	485	482	474	462	469	477	498	529	555	0	0	0
Amortization of right-of-use asset
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation
527	532	544	484	516	522	350	373	370	345	331	296	258	219	192	173	141	135	113	130	148	181	219	225	583	1,044	1,516	1,989	2,141	2,144	2,151	2,157	2,133	2,136	2,162	0	0	0
Increase in accrued interest receivable
-445	17	-415	512	759	-12	491	426	350	323	380	68	199	349	516	471	643	413	7	73	711	696	648	392	-509	-290	-544	-116	-53	-107	-73	-297	-282	-197	-199	0	0	0
Increase in accrued interest payable
-315	-109	15	645	796	261	326	113	214	198	-3	41	-213	-72	116	154	199	92	35	-105	4	-197	-2	63	-38	27	-295	-1,047	-1,038	-1,075	-836	-209	-76	-70	-161	0	0	0
Earnings on bank-owned life insurance
963	968	971	976	984	993	1,004	1,012	1,018	1,025	1,033	1,020	993	971	938	927	929	926	935	937	940	934	923	927	928	951	949	927	886	834	806	788	764	699	638	0	0	0
Deferred federal income taxes
326	643	1,026	1,918	2,074	1,986	4,572	4,773	4,109	4,005	754	75	-154	-194	-158	604	1,289	1,375	784	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in prepaid FDIC insurance premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,934	3,725	1,189	1,311	1,340	-597	-625	-679	-699	0	0	0
Decrease in accrued pension liability
-535	-507	-478	-479	-480	-480	-496	-417	-335	-257	217	912	255	591	548	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred federal income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	2,462	2,178	1,622	1,825	1,332	746	362	-274	0	0	0
Loss (gain) on foreclosed real estate, net
-89	-14	81	0	0	0	-	-	273	310	370	167	225	59	-27	-74	-159	139	167	0	0	0	-	86	121	200	468	476	393	181	-112	-32	82	4	-35	0	0	0
Amortization of identifiable assets
288	297	309	323	351	409	469	539	595	624	643	660	693	752	763	739	705	645	637	689	814	888	959	998	966	978	991	942	773	605	436	0	0	0	-	-	-	-
Other, net
1,611	846	-1,968	380	-2,030	-2,010	2,592	3,631	427	3,226	2,480	2,517	6,965	4,474	2,780	1,781	1,105	2,318	3,314	3,824	2,040	1,869	1,047	-1,679	-1,902	-3,456	-812	739	-656	-124	-2,111	-1,217	-692	-1,692	-1,755	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	22,198	20,134	18,159	19,117	18,938	19,145	19,336	17,774	15,873	14,841	14,468	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
20,861	19,744	18,190	22,007	20,394	20,871	23,386	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,199	11,213	7,474	5,327	12,738	11,559	10,771	10,188	0	0	0
INVESTING ACTIVITIES
Purchase of certificates of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	501	0	0	0	-	-	-	-	-	-	-	-
Certificate of deposit maturities
-	-	-	-	-	-	-	-	-	-	750	500	500	500	500	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment securities
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	63,370	0	0	0	-	-	-	-	-	-	-	-	39,212	0	0	0	-	-	-	-	-	-	-	-
Proceeds from principal repayments and maturities
50,155	49,558	46,957	44,328	43,388	44,978	53,399	59,485	59,854	64,524	60,776	57,849	60,444	59,567	75,155	74,950	77,826	79,659	60,241	60,038	34,021	39,672	40,948	43,671	68,094	70,916	95,919	98,032	98,316	89,369	72,667	80,572	79,431	80,024	93,711	0	0	0
Purchases
-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases
0	0	-	-	0	0	-	-	-	-	87,176	97,534	110,089	109,834	112,056	106,453	95,230	97,611	74,531	90,648	61,932	69,433	77,836	59,220	84,113	104,415	131,264	105,898	101,663	101,378	91,967	111,899	114,751	93,022	96,814	0	0	0
Proceeds from principal repayments and maturities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Increase in loans receivable, net
3,667	-8,159	4,996	7,694	49,892	64,956	76,079	85,161	90,206	60,731	25,765	-164	-17,859	3,759	973	25,153	40,414	51,988	49,790	46,153	24,280	-11,841	-18,201	-40,459	-28,095	-13,091	-16,719	-4,417	-9,048	-8,133	4,353	4,074	2,093	-312	13,276	0	0	0
Redemption of regulatory stock
16,194	17,994	18,351	23,430	25,558	25,727	24,639	21,335	19,955	20,362	22,334	25,913	25,844	22,149	21,371	16,559	15,851	15,993	16,352	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of regulatory stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-10,941	-7,799	-5,809	-3,793	-3,296	-3,470	-3,652	-3,845	0	0	0
Purchase of regulatory stock
18,845	13,999	16,957	19,321	22,957	24,003	23,780	22,812	23,228	20,527	20,703	24,222	24,313	24,150	22,114	17,944	16,810	17,143	15,899	14,255	10,925	8,371	6,546	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment in limited partnership
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	327	960	2,442	4,116	4,951	0	0	0	-	-	-	-
Acquisition, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,174	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of foreclosed real estate
700	897	1,218	1,421	1,358	1,500	1,566	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of foreclosed real estate
-	-	-	-	-	-	-	-	-	-	-	2,906	2,878	2,725	2,060	2,086	1,962	3,001	3,254	3,533	3,692	3,401	3,028	2,347	2,124	1,986	3,150	3,573	3,868	3,128	2,354	0	0	0	-	-	-	-
Purchase of premises, equipment and software
1,237	921	830	373	231	243	-39	331	328	362	645	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital improvements to foreclosed real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-46	0	0	0
Purchase of premises, equipment, and software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,098	1,040	1,003	1,003	878	783	864	904	677	581	592	609	806	828	928	823	799	750	434	432	353	0	0	0
Net cash used for investing activities
-	-	-	-	-	-	-	-	-	-	-	-	1,202	-13,100	4,674	-12,246	-27,182	-46,792	-40,366	-52,561	-50,526	-6,513	-9,705	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
22,999	62,473	46,941	30,476	-13,773	-54,856	-69,732	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	138,582	143,230	99,382	75,398	-12,628	-18,272	5,699	4,084	0	0	0
FINANCING ACTIVITIES
Decrease in deposits, net
33,730	41,447	5,975	59,177	54,530	56,896	61,994	53,404	978	58,080	60,041	47,122	28,269	-47,229	-34,207	-58,486	-45,964	-18,557	-37,135	-67,542	-56,819	-60,875	-78,108	-40,343	-14,354	28,499	51,422	-16,066	-11,507	-12,121	12,044	33,528	43,657	59,074	97,514	0	0	0
Net increase in short-term borrowings
40,605	-135,105	-72,072	-98,709	-43,052	25,788	42,327	74,341	120,394	39,118	7,986	-7,497	-5,292	90,866	38,121	32,306	16,242	-26,827	-16,681	42,107	72,001	77,879	85,020	46,537	4,962	-51,500	-20,281	21,212	23,038	74,500	39,281	11,000	10,000	-1,856	-10,719	0	0	0
Proceeds from other borrowings
82,932	101,033	107,105	94,600	94,230	49,030	43,630	58,630	70,560	72,907	63,057	52,057	66,597	58,750	101,300	116,696	105,541	117,272	91,101	79,955	63,110	55,379	55,750	50,500	41,500	42,300	27,800	0	0	0	-	-	-	-	38,300	0	0	0
Repayment of other borrowings
60,843	75,446	85,247	93,046	93,991	91,425	99,075	125,679	130,294	133,710	119,490	94,490	98,030	92,280	99,800	84,900	54,900	33,400	13,300	16,700	58,877	66,087	63,887	80,287	54,010	56,000	90,000	188,288	194,788	205,338	177,338	70,397	64,997	67,247	89,247	0	0	0
Increase in advances by borrowers for taxes and insurance
0	0	-	0	0	0	-	2,589	3,073	3,690	207	59	601	727	683	537	-51	-83	180	-307	-305	-285	-869	-1,383	-555	417	1,530	2,889	740	-261	-1,425	392	793	437	-84	0	0	0
Purchase of treasury shares
0	0	-	-	-	-	-	-	-	-	-	-	-	-	301	993	1,605	1,748	3,132	5,165	5,343	5,705	4,216	4,399	8,113	14,404	14,501	0	0	0	-	-	-	-	16,917	0	0	0
Dividends on common stock
4,418	4,328	4,266	4,201	4,128	4,040	3,912	3,890	3,862	3,846	3,830	3,807	3,785	3,763	3,747	3,745	3,746	3,748	3,546	3,349	3,166	2,985	2,800	2,604	2,416	2,234	2,295	2,356	2,335	2,308	2,249	2,192	2,221	2,262	2,315	0	0	0
Net cash provided by (used for) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-10,840	7,089	2,067	1,415	15,517	32,909	17,487	28,999	10,601	-2,679	-9,110	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
88,500	-79,315	-56,428	-49,692	-266	34,850	48,202	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-156,239	-153,548	-116,003	-106,869	877	9,569	5,248	16,532	0	0	0
Increase and decrease in cash and cash equivalents
132,360	2,902	8,703	2,791	6,355	865	1,856	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	7,581	12,560	14,123	24,900	8,286	7,273	5,262	-3,543	-5,788	-24,052	5,649	-4,347	3,154	16,702	-5,100	11,098	-2,458	895	-9,147	-26,144	987	2,856	21,718	30,804	0	0	0
SUPPLEMENTAL CASH FLOW DISCLOSURES
Cash Paid:
Interest
19,983	20,561	20,734	19,612	18,332	17,383	15,942	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	12,139	11,797	11,251	10,842	10,490	10,300	10,355	10,560	10,582	10,791	10,629	10,479	10,534	10,690	11,552	13,155	14,344	15,637	16,489	16,972	17,481	17,958	18,441	0	0	0
Income taxes
0	0	-	-	-	-	-2	-2	-2	-66	-389	0	0	0	-	-	-	-	-	-	-	-	-	2	9	657	662	0	0	0	-	-	-	-	2,475	0	0	0
Noncash items:
Transfers from loans to foreclosed real estate
532	378	236	465	620	908	1,259	1,179	947	2,226	2,371	3,354	3,652	2,398	2,266	1,694	1,860	2,575	2,723	2,523	2,839	2,556	2,623	3,089	2,415	1,805	1,699	2,512	2,829	2,924	2,685	2,303	2,354	3,223	3,349	0	0	0
Initial recognition of operating right-of-use asset
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of operating lease liability
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized holding gains
0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury stock payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-175	0	0	0