Community bankers trust corp (ESXB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities:
Net income

15,705

13,688

7,203

9,922

-2,497

7,516

5,906

5,582

1,444

-20,993

-29,827

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

2,039

1,985

2,601

3,447

3,494

3,484

3,842

3,963

4,055

4,270

4,227

Lease assets amortization

936

-

-

-

-

-

-

-

-

-

-

Non-cash contribution of property

-

-

-

-

-

68

-

-

-

-

-

Stock-based compensation expense

1,075

946

745

566

467

332

-

-

-

-

-

Tax benefit of exercised stock options

260

48

-

-

-

-

-

-

-

-

-

Tax benefit of exercised stock options

-

-

163

62

34

-

-

-

-

-

-

Issuance of common stock and stock options

-

-

-

-

-

-

252

156

245

-

-

Amortization of purchased loan premium

311

258

195

243

304

1,087

1,265

1,242

578

-415

-

Deferred tax expense

420

772

3,729

-

-6,077

-40

2,497

2,126

967

-9,637

336

Provision for loan losses

325

-

550

166

0

0

-

1,200

1,498

27,363

19,089

Amortization of security premiums and accretion of discounts, net

-1,170

-1,543

-1,848

-1,691

-2,546

-3,461

-3,488

-3,196

-2,060

-1,752

-1,833

Net gain on sale of securities

235

70

-

-

-

-

-

-

-

-

-

Net gain on sale of securities

-

-

210

634

472

1,089

518

1,492

2,868

-

-

Net gain on SFSB transaction

-

-

-

-

-

-

-

-

-

-

20,255

Impairment of goodwill

-

-

-

-

-

-

-

-

-

5,727

31,949

Net gain on sale of securities

-

-

-

-

-

-

-

-

-

3,588

856

Net gain on sale and valuation of other real estate owned

56

42

5

122

-1,111

-407

-1,714

-1,833

-2,869

-5,052

656

Net loss on disposal of premises and equipment

-7

-

-

-

-

-

-

-

-

-

-

Net gain on sale of loans

14

118

-

-

69

201

-359

-

-

-

-

Gain on bank owned life insurance investment

-

-

-

-

-

405

-

-

-

-

-

Originations of mortgages held for sale

21,061

1,018

-

49,185

55,465

6,973

12,330

-

-

-

-

Proceeds from sales of mortgages held for sale

20,706

872

-

51,286

53,564

6,873

13,925

-

-

-

-

Proceeds from termination of FDIC shared-loss agreement

-

-

-

-

-

-

296

-

-

-

-

Increase in bank owned life insurance investment

724

735

760

719

751

769

-747

-

-

-

-

Loss on termination of FDIC shared-loss agreement

-

-

-

-

13,084

-

-

-

-

-

-

Changes in assets and liabilities:
(Increase) decrease in loans held for sale

-

-

-

-

-

-

-

686

580

-

-200

Decrease (increase) in other assets

-686

249

1,490

-467

-4,558

-4,694

-8,690

-9,037

-23,605

-23,910

6,172

Increase in accrued expenses and other liabilities

-16

1,905

741

-127

1,522

1,155

388

-2,469

-490

-6,982

-6,509

Net cash provided by operating activities

-

-

-

-

-

19,600

30,225

23,688

-

-

-

Net cash provided by operating activities

21,014

19,689

14,984

16,939

15,285

-

-

-

33,383

27,289

-6,641

Investing activities:
Proceeds from sales/calls/maturities/paydowns of available for sale securities

94,371

47,811

-

-

-

-

-

-

-

-

-

Proceeds from sales/ calls/ maturities/ paydowns of available for sale securities

-

-

61,825

108,226

146,906

109,983

156,123

174,541

291,779

164,017

-

Proceeds from calls/maturities/paydowns of held to maturity securities

6,290

3,929

946

10,484

4,583

16,415

13,471

21,669

18,809

750

-

Proceeds from sales/calls/maturities/paydowns of restricted equity securities

1,511

2,005

1,255

3,961

1,845

587

1,629

611

363

1,349

-

Proceeds from securities sales, calls, maturities, and paydowns

-

-

-

-

-

-

-

-

-

-

170,294

Purchase of available for sale securities

70,972

53,082

50,174

83,357

121,854

121,228

127,451

251,111

301,484

-

168,949

Purchase of held to maturity securities

-

-

642

20,683

2,221

15,777

-

-

-

-

-

Purchase of available for sale securities

-

-

-

-

-

-

-

-

-

173,625

-

Purchase of restricted equity securities

2,566

510

2,260

3,828

1,452

1,045

2,582

1,144

65

180

-

Proceeds from sale of other real estate owned

826

2,129

2,141

2,376

2,900

4,667

7,491

9,630

8,759

6,855

-

Net increase in loans

66,338

43,362

-

-

-

-

-

-

-

-

-

Improvements of other real estate, net of insurance proceeds

-

-

-

34

516

509

621

1,130

211

-

-

Net increase in loans

-

-

100,296

83,115

85,675

78,169

46,847

33,408

27,226

-54,003

65,296

Net decrease in loans, covered by FDIC shared loss agreement

-

-

-

-

-

-

-

-

-

-

47,318

Principal recoveries of loans previously charged off

587

514

439

362

1,652

1,353

1,015

2,439

588

1,156

-

Principal recoveries of loans previously charged off

-

-

-

-

-

-

-

-

-

-

-742

Purchase of premises and equipment, net

367

4,527

3,544

2,524

1,768

3,875

1,887

256

591

491

14,944

Purchase of small business investment company fund investment

2,142

945

-

-

-

-

-

-

-

-

-

Proceeds from termination of FDIC shared-loss agreement

-

-

-

-

3,100

-

-

-

-

-

-

Purchase small business investment company fund investment

-

-

525

-

-

-

-

-

-

-

-

Purchase of loans held for investment

-

8,991

-

-

-

-

-

-

-

-

-

Purchase of bank owned life insurance investment

-

-

-

-

-

-

-

-

7,500

-

-

Proceeds from sale of loans

-

-

-

224

3,380

13,284

28,611

-

-

-

-

Proceeds from bank owned life insurance investment

218

-

-

-

-

840

-

-

-

-

-

Proceeds from sale of loans

1,516

5,635

-

-

-

-

-

-

-

-

-

Purchase of bank owned life insurance investment

-

-

-

5,000

-

-

5,000

-

-

-

-

Proceeds from sale of premises and equipment

-

-

-

145

2,120

-

5,177

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-73,474

29,129

-78,159

-

-

-

Cash acquired in bank acquisitions

-

-

-

-

-

-

-

-

-

-

54,717

Net cash used in investing activities

-37,066

-49,394

-90,835

-72,763

-47,000

-

-

-

-16,779

53,834

23,882

Financing activities:
Net (decrease) increase in deposits

-1,527

69,211

58,470

91,775

26,574

26,604

111,193

40,827

-28,234

-69,677

-77,701

Net increase in federal funds purchased

-4,997

-14,591

-135

14,207

-4,421

-

-

-

-

8,999

-8,999

Net (decrease) increase in federal funds purchased

-

-

-

-

-

8,500

588

5,412

-

-

-

Net (decrease) increase in short-term Federal Home Loan Bank borrowings

-20,000

-30,500

15,500

-15,000

20,000

19,276

-

-

-

-

-

Proceeds from long-term Federal Home Loan Bank borrowings

40,000

-

-

-

-

-

-

-

-

-

-

Payments on long-term Federal Home Loan Bank borrowings

10,947

11,482

-

-

-

-

-

-

-

-

-

Proceeds from long-term Federal Home Loan Bank borrowings

-

-

10,000

12,000

-

-

-

-

-

-

-

Payments on long-term Federal Home Loan Bank borrowings

-

-

5,958

10,769

20,745

-

-27,297

-12,828

-

-

38,425

Proceeds from issuance of common stock

893

146

260

133

86

39

6

-

-

-

-

Cash paid to redeem shares related to asserted appraisal rights and retire warrants

-

-

-

-

-

-

-

-

-

-

2,077

Cash dividends paid

2,899

-

-

-

-

247

885

2,210

-

1,301

4,235

Proceeds from long-term debt

-

-

-

-

-

10,680

-

-

-

-

-

Redemption of preferred stock and related warrants

-

-

-

-

-

11,460

7,000

-

-

-

-

Payment from sale of deposits

-

-

-

-

-

-

190,855

-

-

-

-

Payments on long-term debt

-

-

1,670

4,005

4,005

1,000

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

52,392

-59,656

56,857

-

-

-

Net cash provided by financing activities

10,517

41,966

76,737

59,927

26,331

-

-

-

-28,234

-79,977

-113,439

Net (decrease) increase in cash and cash equivalents

-5,535

12,261

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

886

4,103

-5,384

-1,482

-302

2,386

-11,630

1,146

-96,198

Supplemental disclosures of cash flow information:
Interest paid

15,465

11,540

9,124

7,706

7,533

-

-

-

-

-

-

Interest paid

-

-

-

-

-

6,760

7,252

10,253

12,434

19,472

26,819

Income taxes paid

3,145

2,198

3,570

4,784

1,995

3,134

-

120

87

250

269

Transfers of loans to other real estate owned

4,198

396

500

1,187

821

3,436

3,351

8,480

-

-

-

Transfers of building premises and equipment to held for sale

337

1,252

-

-

2,118

465

5,174

-

-

-

-

Right-of-use lease assets in exchange for lease liability

7,408

-

-

-

-

-

-

-

-

-

-

Transfer of deposits to held for sale

-

-

-

-

-

-

193,170

-

-

-

-

Transfer of loans held for investment to loans held for sale

-

-

-

-

-

-

30,228

-

-

-

-

Transfers of loans to other real estate owned property

-

-

-

-

-

-

-

-

12,316

13,745

1,363

Loans

-

-

-

-

-

-

-

-

-

-

198,253

Other real estate owned

-

-

-

-

-

-

-

-

-

-

9,416

Securities

-

-

-

-

-

-

-

-

-

-

7,410

FDIC indemnification assets

-

-

-

-

-

-

-

-

-

-

84,584

Fixed assets

-

-

-

-

-

-

-

-

-

-

37

Other assets

-

-

-

-

-

-

-

-

-

-

10,332

Deposits

-

-

-

-

-

-

-

-

-

-

302,756

Borrowings

-

-

-

-

-

-

-

-

-

-

37,525

Other Liabilities

-

-

-

-

-

-

-

-

-

-

1,757