Fb financial corp (FBK)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash flows from operating activities:
Net income

745

21,572

23,966

18,688

19,588

17,040

21,377

22,065

19,754

23,018

8,388

11,239

9,753

9,010

1,207

15,775

14,599

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

1,612

1,346

1,380

1,278

1,172

1,083

1,013

1,132

1,106

1,226

1,097

991

1,002

1,001

972

1,007

1,015

Amortization of core deposit and other intangibles

1,203

1,159

1,197

1,254

729

753

777

802

853

922

558

123

392

527

526

527

552

Capitalization of mortgage servicing rights

7,796

11,832

10,387

11,212

8,720

13,358

11,741

16,304

13,510

13,360

15,965

14,646

15,013

15,180

11,107

10,653

9,130

Amortization of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

2,100

2,796

1,968

1,457

Change In Fair Value Of Mortgage Servicing Rights

20,736

2,467

10,611

8,863

4,358

4,419

1,872

15

-3,543

299

1,383

1,840

501

-

-

-

-

Impairment of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,411

2,402

4,914

773

Share-based Payment Arrangement, Noncash Expense

1,883

1,468

1,836

2,147

1,638

1,880

1,508

1,861

1,958

1,952

1,654

1,802

1,352

-

-

-

-

Provision for loan losses

27,964

2,950

1,831

881

1,391

2,200

1,818

1,063

317

956

-784

-865

-257

-752

71

-789

-9

Provision for credit losses on unfunded commitments

1,600

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for mortgage loan repurchases

372

107

107

89

59

-424

206

206

186

16

410

201

183

-661

470

313

390

Accretion of yield on purchased loans

1,578

2,526

2,102

2,097

1,831

1,863

2,130

1,928

1,687

1,874

2,697

-312

1,160

343

814

1,555

826

Accretion of discounts and amortization of premiums on securities, net

-906

-913

-817

-682

-614

-660

-730

-681

-697

-745

-658

-582

-708

-855

-710

-472

-289

Debt and Equity Securities, Gain (Loss)

63

-18

-20

52

43

0

-27

-42

-47

1

254

29

1

0

416

2,591

1,400

Originations of loans held for sale

1,097,672

1,062,994

1,237,599

1,307,934

932,125

1,180,252

1,490,559

1,670,152

1,617,103

1,718,713

1,668,264

1,597,946

1,346,535

1,550,309

1,359,109

1,012,368

749,775

Repurchases of loans held for sale

0

0

249

3,713

5,957

4,340

4,670

3,222

0

-

-

-

-

-

-

-

-

Proceeds from sale of loans held for sale

1,070,137

1,135,096

1,257,978

1,283,200

986,454

1,256,863

1,562,353

1,733,789

1,707,527

1,696,834

1,640,337

1,563,731

1,507,296

1,547,585

1,227,706

964,659

794,887

Gain on sale and change in fair value of loans held for sale

33,595

27,479

30,324

24,274

18,151

16,860

23,774

24,718

23,391

26,260

28,764

29,332

22,833

30,331

35,169

27,478

22,507

Gains (Losses) on Sales of Other Real Estate

51

433

-126

277

-39

-56

120

23

-186

-72

75

23

748

-222

1,646

-131

-11

Gain (Loss) on Disposition of Other Assets

-328

-156

44

-183

191

89

326

-155

68

-

-

-

-

-127

7

-123

140

Provision for deferred income taxes

-8,088

3,984

-1,449

-232

-4,219

1,943

-6,665

5,599

5,482

-1,768

274

2,527

5,425

-4,982

13,193

97

949

Changes in:
Operating leases

-42

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other assets and interest receivable

-119,820

5,329

-11,178

-16,820

-22,511

5,507

-20,038

-3,676

-4,759

1,566

-1,391

-5,651

11,954

22,316

-25,028

-12,906

-9,112

Accrued expenses and other liabilities

39,520

8,776

-9,560

3,670

10,133

-3,757

30,280

-16,423

-26,207

27,559

38,853

-14,678

-4,107

4,808

2,667

16,705

-8,868

Net cash (used in) provided by operating activities

-101,698

80,077

-3,023

-45,576

32,427

71,461

61,938

30,964

47,845

-6,231

-24,193

-79,878

147,912

-19,504

-177,203

-61,649

13,155

Cash flows from investing activities:
Activity in available-for-sale securities:
Proceeds from Sale of Debt Securities, Available-for-sale

0

0

22,740

0

1,758

2,521

0

0

221

-

-

-

-

485

1,668

166,732

102,263

Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale

27,657

34,157

28,694

29,353

20,814

18,490

20,068

18,005

16,503

20,177

21,316

22,371

19,480

25,707

34,489

24,277

19,895

Purchases

29,632

59,366

37,841

30,022

24,196

65,953

16,783

39,118

81,990

23,912

34,556

17,898

4,987

72,163

41,459

150,688

52,074

Net change in loans

-52,701

-

-

-

118,358

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of FHLB stock

-

-

-

-

-

-350,756

113,588

164,260

74,928

-191,033

76,832

68,011

46,190

42,740

41,658

34,743

8,808

Proceeds from sale of mortgage servicing rights

0

0

0

0

29,160

0

39,428

0

0

-

-

-

-

-

-

-

-

Purchases of premises and equipment

3,014

2,760

3,041

100

911

1,536

2,011

5,893

704

1,647

1,164

1,275

459

1,101

1,168

862

1,653

Proceeds from the sale of premises and equipment

0

0

985

6

284

16

341

0

0

-

-

-

-

-

-

-

-

Proceeds from Sale of Other Real Estate

1,442

1,142

854

1,148

716

1,153

1,457

777

1,432

1,356

1,152

702

2,228

-

-

-

-

Net cash paid in business combination

4,227

0

0

-171,032

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,954

1,560

Net cash provided by (used) in investing activities

44,927

-96,011

-43,975

47,806

-90,733

-184,307

-71,010

-191,718

-139,466

-54,638

-142,640

-39,962

-29,928

-55,510

-45,084

6,670

61,183

Cash flows from financing activities:
Net increase in demand deposits

272,566

17,585

159,865

-36,061

107,959

-24,818

-102,964

120,612

83,076

-75,565

39,786

19,326

31,135

39,483

126,333

-39,638

41,438

Net (decrease) increase in time deposits

-40,107

-4,410

-80,928

-13,181

23,515

67,062

322,574

23,100

18,680

21,422

-28,359

7,068

-1,498

-7,993

-558

84,802

-10,779

Net increase in securities sold under agreements to repurchase and federal funds purchased

4,955

-2,454

-15,170

-4,898

21,614

-

-

-

-

-

-

-1,787

-3,431

-

-141

-11,111

-64,744

Payments on FHLB advances

0

0

65,000

23,447

-20,212

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other borrowings

15,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in borrowings

-

-

-

-

-

-

-

-

-54,578

-

59,571

0

-150,000

-25,296

80,000

0

-18,000

Decrease in long-term debt

-

-

-

-

-

-

-

-

-

-

-

-762

-340

-

-

-

-

Share based compensation witholding payment

838

2,545

1,042

137

2,373

27

82

278

2,277

-858

233

0

625

-

-

-

-

Payments on long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

416

415

Net proceeds from sale of common stock

446

0

440

0

364

0

527

0

669

-

-

-

-

-

-

-

-

Dividends paid

2,838

2,558

2,506

2,478

2,503

2,453

1,845

1,839

0

-

-

-

-

0

60,000

4,300

5,000

Net cash provided by financing activities

249,184

5,618

125,659

-33,308

128,364

56,572

86,285

191,471

45,570

83,455

77,720

176,566

-124,759

94,044

250,665

29,337

-57,500

Net change in cash and cash equivalents

192,413

-10,316

78,661

-31,078

70,058

-56,274

77,213

30,717

-46,051

22,586

-89,113

56,726

-6,775

19,030

28,378

-25,642

16,838

Supplemental cash flow information:
Interest paid

10,997

13,588

17,594

13,049

10,820

10,302

8,421

7,203

6,066

5,818

4,044

3,278

2,330

2,433

2,361

2,319

2,361

Taxes paid

105

4,543

8,554

12,746

77

5,250

25

19,081

31

1,162

3,008

18,091

31

0

0

510

797

Supplemental noncash disclosures:
Real Estate Owned, Transfer to Real Estate Owned

365

1,922

1,535

924

1,106

648

476

384

630

647

1,796

274

888

88

460

1,646

530

Property, Plant and Equipment, Transfers and Changes

841

1,650

0

2,640

0

-

-

-

-

-

-

-

-

-

-

-

-

Real Estate Owned, Transfer from Real Estate Owned

0

0

0

0

166

383

191

325

120

-

-

-

-

1,289

0

192

67

Transfers from loans to loans held for sale

3,101

2,431

5,344

116

0

11,888

-5,504

3,905

1,599

-9,808

4,163

1,304

4,341

12,214

2,220

2,297

1,232

Transfers from loans held for sale to loans

1,445

783

4,744

6,192

540

-

-

-

-

-

-

-

-

-

-

-

-

Stock consideration paid in business combination

35,041

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Trade date payable - securities

8,273

-3,671

2,582

-1,435

2,524

-5,133

7,253

-3,912

3,912

-

-

-

-

-

-

-

-

Decrease to retained earnings for adoption of new accounting standards

25,018

0

0

2,618

-1,309

0

0

218

-109

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for operating lease liabilities

480

-1,095

762

4,430

33,819

0

0

0

0

-

-

-

-

-

-

-

-

Fair value election of mortgage servicing rights

-

-

-

-

-

-

-

-

-

0

0

0

1,011

-

-

-

-

GNMA
Derecognition of rebooked GNMA delinquent loans

-

-

-

-

-

0

0

0

43,035

-

-

-

-

-

-

-

-