Flagstar Bancorp, Inc. FBC Cash Flow

Flagstar bancorp, inc. (FBC)

CashFlow / Quarterly

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
Operating Activities
Loss on fair value of mortgage servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	14	9	-	18	-30	15	-	74	84	6	175	44	20	-4
Loss on fair value of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-1	-1	-	-5	0	0	-	-	-	-	-	-	-	-
Net gain on the sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	5	2	-	4	5	7	-	-	-	-0	6	0	-1	1
Net transaction costs on sales of mortgage servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	-3	-	1	4	4	-	7	-0	-2	12	-2	-2	-0
Net gain on investment securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Net gain on trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-5	-	20	0	-0
Net (gain) loss on investment securities available-for-sale and trading
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	0	-	0	0	0
Other than temporary impairment losses on securities classified as available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	-	1	15	0
Net (gain) loss on transferors' interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	0	0	0	2	2
Net change in:
Repurchase of loans with government guarantees, net of claims received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-48	-6	-	-	-95	-236	-89	-67	-3	103	153	34	-44	81
Accrued interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	1	3	-45	2	6	3	-1	-17	-14	-10	-14	2	-4	2	4	8	4	2
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	25	25	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Other Operating Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-84	-112	-26	-17	-70	81	5	16	-119	-36	107	-76	-280	255	89	-122	175	-13	-97	12
Increase in accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-2	0	-2
Decrease liability for checks issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-	2	-0	3
Decrease in payable for mortgage repurchase option
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18	6	-4	-	-30	-12	-13	-	-	-	-30	8	4	11	-19
Representation and warranty reserve - change in estimate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60	-	-	-	-
Net charge-offs in representation and warranty reserve
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	4	5	107	19	33	31	41	89	32	43	-	-	-	-
Increase in representation and warranty reserve
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	0	0
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21	4	19	-13	-26	25	35	-41	-70	-71	-130	-32	105	177	13	-20	50	77	2	-8
Changes in fair value of MSRs, DOJ liability and long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-103	180	154	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-1,515	-1,383	-5,660	-5,324	-4,716	-4,376	-7,153	-5,629	-6,220	-6,056	-7,285	-6,740	-5,241	-6,212	-4,975	-3,279	-1,874	-2,452	-2,021	-1,635	-3,411	-2,371	-2,207	-1,758	-1,807	-4,393	808	607	1,415	494	-729	344	-499	129	-9	-323	795
Investing Activities
Proceeds from sale of AFS securities including loans that have been securitized
104	242	4,853	6,277	4,501	5,359	6,568	6,064	5,730	6,697	7,096	6,880	3,973	6,546	4,933	3,271	2,672	2,495	2,045	1,852	2,706	2,873	2,292	2,178	1,846	3,412	0	0	0	-0	194	19	20	0	0	0	0
Collection of principal on investment securities AFS
77	55	47	44	38	47	47	52	53	60	52	54	52	71	48	38	30	33	61	70	54	42	48	38	30	9	17	13	15	-	-	-	-	-	-	-	-
Purchase of investment securities AFS and other
350	461	16	7	16	292	43	1	4	311	293	86	214	477	135	41	27	365	59	72	652	522	86	463	205	620	416	20	0	-	-	-	-	-	-	-	-29
Collection of principal on investment securities HTM
44	38	26	21	21	20	25	23	24	38	37	34	45	64	54	42	30	47	38	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from the sale of LHFI
1,706	52	27	-705	845	157	2	2	0	182	0	-44	-34	-1	0	-153	-75	-158	-78	-433	-277	-441	87	5	276	-1,905	175	357	-61	-248	-20	81	187	44	5	13	6
Purchase of investment securities HTM and other
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	15	207	10	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net repayment of investment securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	25	-	-	-	-
Net origination, purchase, and principal repayments of LHFI
-	-	-	-	-	283	60	774	-139	529	431	814	-14	-243	485	624	188	857	532	1,128	589	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-476
Acquisition of premises and equipment, net of proceeds
17	13	15	15	18	21	17	18	15	23	26	31	17	8	19	13	12	18	9	10	9	6	10	8	7	8	7	10	9	12	7	7	7	-42	9	14	5
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	85	0	25	150	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments net of origination of loans held-for-investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-	-	-	635	-	-77	25	208	-	-	-	-
Proceeds from the disposition of repossessed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	8	5	9	8	11	10	33	23	32	27	-6	32	34	25	29	26	26	37
Net purchase of FHLB stock
3	-	-	-	0	-	-	-	-	39	4	59	21	8	0	0	2	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of MSRs
36	6	14	1	41	67	49	82	136	57	35	167	50	34	14	20	1	62	83	68	32	70	67	82	5	628	0	132	89	103	8	0	16	-2	38	44	0
Other, net
0	8	1	3	4	-4	4	3	7	-1	-3	-48	47	14	-5	-4	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-1,776	307	3,992	4,566	3,823	6,557	6,567	5,427	6,056	5,969	6,469	6,187	3,869	6,452	4,415	2,850	2,484	1,272	1,676	1,113	1,824	2,189	2,402	1,500	1,416	4,566	-124	271	820	261	193	-4	101	-862	-842	-325	545
Financing Activities
Net change in deposit accounts
906	-599	1,329	963	1,073	-968	1,001	600	439	-227	466	50	-155	-570	800	102	534	-202	488	99	481	-166	590	333	169	-508	-820	-377	-447	-1,194	566	323	909	233	723	-343	-249
Net change in short-term FHLB borrowings and other short-term debt
1,676	1,836	-221	-551	-141	45	-641	-313	-107	195	395	484	1,406	875	-164	-181	-866	1,902	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from increases in FHLB long-term advances and other debt
350	0	200	250	100	0	0	0	200	105	150	0	0	50	245	-50	200	-20,735	7,755	9,225	5,255	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term FHLB advances
-	-	-	-	-	1,130	0	0	325	0	50	0	0	-	-	-	-	-20,350	7,929	8,652	4,144	-	-	-	-137	-	-	-	280	25,139	312	191	362	-	-208	-6	325
Repayment of long-term debt
3	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	33	5	34	16	10	7	5	5	7	12	0	0	-	-	-	-	-	-	-	-
Net receipt of payments of loans serviced for others
298	-82	442	28	-104	41	129	20	-9	-2	-104	28	100	-155	39	8	44	-53	-20	-117	114	31	7	6	24	4	-3	-44	-234	310	9	22	-126	-0	71	19	-9
Stock repurchase
0	0	0	0	50	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared and paid
3	2	2	3	2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	3	3	3
Net receipt of escrow payments
-	-	-	-	-	-	-	-	-	-	5	7	7	-	2	10	-6	-8	5	6	2	-8	1	0	3	-11	-8	16	3	-13	5	16	4	-8	-3	12	6
Other
-3	-9	5	6	3	-21	21	-5	3	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
3,221	1,144	1,703	693	879	-2,033	494	318	201	54	862	569	1,358	-236	550	-111	-94	1,221	294	527	1,692	210	-290	241	329	-2,442	-837	-405	-957	-807	269	171	425	561	996	-308	-579
Net increase in cash, cash equivalents and restricted cash
-70	68	35	-65	-14	148	-92	116	37	-33	46	16	-14	4	-10	-540	516	41	-51	5	105	28	-95	-16	-61	-2,270	-153	473	1,277	-50	-266	512	26	-171	144	-957	761
Supplemental disclosure of cash flow information
Interest paid on deposits and other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	16	14	12	8	8	8	6	33	35	36	37	40	46	45	46	50	56	55	61
Loans held-for-investment transferred to repossessed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	16	15	-	77	39	50	-	78	78	171	52	58	36	64
Payment of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	0	-0	0	-	1	0	6	2	0	0	0	0	0	0	0
Non-cash reclassification of investment securities HTM to AFS
-	-	-	-	-	0	0	0	144	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash reclassification of LHFI to LHFS
39	19	58	43	0	273	1	4	1	25	0	0	106	0	0	430	901	27	338	498	277	41	95	7	281	289	181	360	1	931	1	86	200	44	10	32	0
Non-cash reclassification of LHFS to securitized HFS loans not sold
2,170	-	-	-	4,501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash reclassification of mortgage loans HFS to HFI
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3	22	5	3	8	2	4	10	-12	2	62	21	21	5	13	0	4	5	7
Non-cash reclassification of LHFS to AFS securities
-	-	-	-	-	5,358	6,566	6,064	5,730	6,688	6,868	6,816	3,973	6,542	4,820	3,096	2,672	2,236	2,051	1,857	2,709	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash reclassification of loans with government guarantees to other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	373	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
MSRs resulting from sale or securitization of loans
40	20	39	97	67	73	100	99	84	110	75	82	21	55	51	65	57	40	74	78	68	72	78	68	51	78	86	110	126	165	131	126	111	101	64	38	50
Operating section supplemental disclosures
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	47	46	32	11	-27	25	-78	161	14	67	23	-92	81	87	-7	-75	-9	-70	-26
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	6	5	6	6	6	5	5	5	5	5	5	5	5	5	4	5	3	3	3
Representation and warranty (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	-6	-5	-2	-	-	5	-1	-	-	28	17	-	-	-	-	-	-	-	-
Provision (benefit) for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-1	-13	-4	5	8	6	112	13	4	31	20	50	52	58	114	63	36	48	28
Stock-based compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	1	1	1
Net gain on loan and asset sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	70	80	91	65	52	54	45	72	75	144	137	250	334	212	204	106	103	39	50
Proceeds from sales of LHFS
7,674	8,152	3,615	3,267	832	1,907	2,061	3,341	1,626	3,698	2,373	2,564	610	2,071	4,336	5,176	4,585	3,220	5,483	5,973	3,791	3,939	5,430	4,263	3,555	2,123	8,834	12,353	13,850	16,780	14,256	13,255	11,474	10,668	6,989	4,542	5,914
Origination, premium paid and purchase of LHFS, net of principal repayments
8,786	9,466	9,229	8,541	5,479	6,223	9,209	8,947	7,882	9,717	9,544	9,206	5,768	8,469	9,187	8,335	6,304	5,828	7,722	7,450	7,008	5,971	7,534	6,096	5,296	5,511	8,210	11,611	12,623	14,859	14,859	13,049	11,881	10,336	7,012	4,870	4,949