Fauquier bankshares, inc. (FBSS)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows from Operating Activities
Net income

6,820

6,135

2,496

3,674

-

-

-

-

-

-

-

Net income

-

-

-

-

-612

4,806

4,331

2,053

4,117

3,667

3,417

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

1,256

1,255

1,337

1,450

1,421

1,288

1,104

1,182

1,163

1,234

808

Loss on disposal of fixed assets

-

-

-

-

-32

0

-11

-

-

-

0

Loss on disposal of obsolete assets

-

-

-

-

-

-

-

0

45

140

-

Provision for loan losses

346

507

520

-508

8,000

0

1,800

5,807

1,933

2,075

1,710

Gain on sale or impairment of other real estate owned

-

-

-

-

31

130

0

-370

-

-

-

Loss on sale or impairment of other real estate

-

-

-

-

-

-

-

-

1,018

120

-

Loss on interest rate swaps

-4

-3

12

24

44

-58

51

-51

0

0

-

Loss on sale or impairment of other real estate

-

-

-

-

-

-

-

-

-

-

-135

Deferred tax expense

124

221

1,356

229

-1,192

-219

-292

-53

-119

-854

-874

Gain on sales of securities available for sale

79

838

-

1

-

-

-

-

-

-

-

Tax effect of restricted stock awards

-

-

-

-

-

-

-

0

-

-

-

Tax benefit of nonqualified options exercised

-

-

-

-

-

-

-

-

-33

-55

-

Tax benefit of nonqualified options exercised

-

-

-

-

-

-

-

-

-

-

-10

Amortization of security premiums, net

-450

-357

-215

-72

-46

-56

-412

-65

-84

-72

19

Amortization of unearned compensation, net of forfeiture

250

214

126

207

28

190

147

140

136

247

208

Issuance of vested restricted stock

90

90

90

68

60

104

-

-

-

-

-

Loss on impairment of securities

-

-

-

-

-

-

-

-

189

1,404

771

Gain on securities available for sale

-

-

-

-

4

3

144

166

102

541

0

Issuance of vested restricted stock

-

-

-

-

-

-

68

-

-

-

-

Tax effect of restricted stock awards

-

-

-

-42

-22

-7

56

-

-

-

-

Bank-owned life insurance income

366

361

362

361

796

-

-

-

-

-

-

Originations of mortgage loans held for sale

5,379

2,042

440

-

0

-

-

-

-

-

-

Proceeds from mortgage loans held for sale

5,201

2,079

450

-

0

-

-

-

-

-

-

Gain on mortgage loans held for sale

69

37

10

-

0

-

-

-

-

-

-

Changes in assets and liabilities:
(Increase) decrease in other assets

4,731

1,065

-189

-2,131

-636

511

196

1,948

-492

47

2,518

Increase (decrease) in other liabilities

4,641

812

-122

-405

-925

1,028

1,512

-1,461

1,755

-314

398

Net cash provided by operating activities

-

-

-

-

-

6,674

8,646

6,040

10,678

-

-

Proceeds from sale of securities available for sale

-

-

-

-

-

-

504

3,684

6,599

10,488

0

Net cash provided by operating activities

8,558

7,330

5,833

6,574

6,641

-

-

-

-

7,148

4,026

Cash Flows from Investing Activities
Proceeds from maturities, calls and principal payments of securities available for sale

8,196

11,707

12,934

14,222

13,349

10,796

15,998

21,661

25,468

14,708

9,145

Proceeds from sales of securities available for sale

13,871

0

0

-

-

-

-

-

-

-

-

Purchase of securities available for sale

27,626

12,372

34,215

-

-

-

-

-

-

-

-

Purchase of securities available for sale

-

-

-

9,854

11,798

13,160

21,413

25,719

32,201

36,818

11,757

Purchase of premises and equipment

558

839

644

289

845

6,983

1,725

1,156

1,838

1,507

6,212

(Purchase) redemption of restricted investments, net

-224

694

-236

-

-

-

-

-

-

-

-

Purchase of restricted investments, net

-

-

-

496

-8

-168

-

-

-

-

-

Redemptions of restricted securities

-

-

-

-

-

-

-875

-206

-845

-386

719

Loan originations, net

1,009

47,036

39,665

15,460

16,157

-9,790

4,421

-1,414

-4,967

1,011

29,815

Proceeds from sale of other real estate owned

-

-

-

-

614

2,809

0

0

1,482

817

869

Net cash provided by (used in) investing activities

-

-

-

-

-

3,420

-10,182

90

5,322

-

-

Net cash provided by (used in) investing activities

-6,902

-49,234

-61,354

-11,877

-14,829

-

-

-

-

-12,937

-38,490

Cash Flows from Financing Activities
Increase (decrease) in noninterest-bearing checking, interest-bearing checking, savings and money market accounts

-5,396

55,318

18,281

-

-

-

-

-

-

-

-

Decrease in noninterest-bearing checking, interest-bearing checking, savings and money market accounts

-

-

-

19,485

23,286

-

-

-

-

-

-

Increase in demand deposits, NOW accounts and savings accounts

-

-

-

-

-

5,669

42,290

22,399

22,405

85,969

11,891

Increase (decrease) in time deposits

-8,087

10,297

5,585

2,378

-24,207

-20,658

-17,220

-37,834

-11,891

-31,900

53,801

Increase (decrease) in Federal Home Loan Bank advances

-7,085

15,920

-5,076

-71

-

-

-

-

-

-

-

Federal Home Loan Bank advances

-

-

-

-

-

-

0

13,200

0

0

170,000

Decrease in Federal Home Loan Bank advances

-

-

-

-

68

64

15,061

10,000

0

25,000

165,000

Repayment of federal funds

-

-

-

-

-

-

-

-

0

0

18,275

Cash dividends paid on common stock

1,836

1,813

1,808

1,803

1,984

1,791

1,782

1,774

1,761

2,615

2,877

Repurchase of common stock

21

8

7

55

0

0

-

-

-

-

-

Issuance of common stock

-

-

-

-

-

-

-

153

226

309

108

Net cash provided by financing activities

-

-

-

-

-

-16,844

8,227

-13,856

8,979

-

-

Net cash provided by (used in) financing activities

-22,425

79,714

16,975

19,934

-2,973

-

-

-

-

26,763

49,649

Decrease in cash and cash equivalents

-20,769

37,810

-38,546

-

-

-

-

-

-

-

-

Decrease in cash and cash equivalents

-

-

-

14,631

-11,161

-6,750

6,691

-7,726

24,979

20,974

15,185

Supplemental Disclosures of Cash Flow Information
Cash payments for:
Interest

4,603

3,061

2,033

1,839

2,040

-

-

-

-

-

-

Interest

-

-

-

-

-

2,597

3,155

4,118

5,138

6,273

7,048

Income taxes

970

330

600

-

266

1,344

11

2,930

656

2,376

1,729

Supplemental Disclosures of Noncash Investing Activities
Loans transferred to other real estate owned

-

-

-

-

533

0

2,679

0

1,455

1,278

450

Unrealized gain on securities available for sale, net of tax

2,142

-823

735

-536

-389

1,007

551

-22

-

-

-

Unrealized (loss) on securities available for sale, net of tax effect

-

-

-

-

-

-

-

-

758

-556

31

Unrealized loss on interest rate swap, net of tax

-250

135

14

207

10

-53

214

-181

-192

12

0

Changes in Supplemental Executive Retirement Plans, net of tax

17

15

92

52

20

-114

6

-192

182

403

262