Fcb financial holdings, inc. (FCB)
CashFlow / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Cash Flows From Operating Activities:
Net income

43,480

42,734

40,099

18,964

32,160

35,081

38,989

27,896

26,064

23,504

22,452

29,749

21,140

19,376

-16,874

13,100

-3,422

9,166

3,528

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses

2,220

1,505

2,076

2,786

2,871

2,115

1,643

2,249

1,990

1,976

1,440

2,329

675

2,470

1,349

3,112

2,805

3,236

1,090

Amortization of intangible assets

371

370

294

255

256

256

256

256

257

297

379

400

400

407

424

425

426

443

416

Depreciation and amortization of premises and equipment

989

909

913

944

908

886

880

940

930

807

906

926

926

964

976

977

1,046

914

957

Accretion of discount on loans

-701

-1,053

-297

-572

-330

-169

-194

-200

-224

-299

-207

-385

-439

-980

-853

-1,802

-1,270

-623

-1,006

Net amortization (accretion) of premium (discount) on investment securities

-656

-633

-513

-619

-575

-535

-437

-438

-404

-357

-387

-368

-421

-542

-552

-607

-664

-769

-344

Net amortization (accretion) of premium (discount) on time deposits

-68

-116

-23

0

0

0

0

-6

-7

-14

-23

-30

-48

-81

-177

-333

-521

-407

-430

Net amortization (accretion) on FHLB advances and other borrowings

0

0

0

0

-93

-227

-526

-667

-662

-653

-653

-659

-658

-650

-642

-699

-316

-311

-243

Impairment of other real estate owned

0

605

492

233

54

199

184

640

225

796

90

432

123

69

104

1,000

958

287

445

(Gain) loss on available for sale debt securities

-1,245

650

240

-

690

255

777

-

-

-

-

-

-

-

-

-

-

-

-

FDIC Loss share indemnification loss

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-65,529

-5,324

-5,862

-5,247

-4,992

(Gain) loss on investment securities

-

-

-

-

-

-

-

800

749

324

-54

-28

166

761

1,007

2,377

2,785

4,448

2,495

(Gain) loss on sale of loans

281

103

276

1,025

1,809

1,230

796

393

426

430

386

-

-

-

-

-

-

-

-

(Gain) loss on sale of other real estate owned

-70

8

105

-55

-143

-23

45

209

925

2,102

-110

709

228

5,605

1,565

200

-128

-359

431

(Gain) loss on sale of premises and equipment

-24

11

0

27

6

0

1

-5

1

-9

-35

-62

0

-18

-94

-

-

-

-

Unrealized (gain) loss on preferred stock and other equity securities

1,061

-534

-1,644

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax expense

-

-

-

-

-

-

-

-

-

0

0

8,487

504

6,543

-36,929

-

-

-

-

Stock-based compensation

2,445

2,319

1,871

2,068

2,214

2,325

1,431

1,709

1,666

1,200

1,038

1,134

714

2,363

1,079

1,176

19,683

452

436

Increase in cash surrender value of BOLI

1,439

1,422

1,367

1,397

1,422

1,414

1,414

1,333

1,288

1,286

1,285

1,315

1,101

1,097

1,097

1,168

1,151

1,038

818

Net change in operating assets and liabilities:
Net change in loans held for sale

-1,482

-1,975

1,816

-1,182

-11,218

2,277

588

4,079

9,959

4,033

-2,000

-1,487

-2,209

3,474

601

-

-

-

-

Collection from FDIC on loss share indemnification asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

969

3,659

1,938

Settlement of FDIC loss share agreement

-

-

-

-

-

-

-

-

-

-

-

0

0

0

14,815

-

-

-

-

Net change in other assets

-891

5,772

-4,842

3,948

9,351

-4,910

5,723

-4,109

4,421

-22,615

13,804

-1,958

-1,112

-6,532

9,553

-1,124

13,769

4,768

3,901

Net change in other liabilities

4,163

2,375

479

-18,415

10,581

3,883

10,630

-15,986

-263

-6,648

12,180

-14,516

7,718

-9,504

3,763

-7,140

9,492

-941

7,912

Net cash provided by operating activities

54,486

44,934

49,099

27,840

47,279

44,641

44,386

24,981

12,611

35,772

24,713

28,029

33,302

17,132

-10,243

3,712

20,195

9,960

12,734

Cash Flows From Investing Activities:
Purchase of equity securities

14

14

14

-

0

-6,005

6,005

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of available for sale debt securities

-

272,681

247,098

-

-

249,271

167,133

-

-

-

-

-

-

-

-

-

-

-

-

Sale of equity securities

-38,262

20,912

35,366

-

-70,496

52,768

17,728

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investment securities available for sale

-

-

-

-

-

-

-

332,538

195,832

111,702

110,410

91,729

122,854

246,910

215,215

194,740

326,097

334,332

506,121

Sales of investment securities available for sale

-

-

-

-

-

-

-

85,198

82,173

57,523

117,243

3,113

32,693

202,172

116,755

594,342

181,560

244,076

271,283

Paydown and maturities of available for sale debt securities

64,887

92,746

102,292

115,671

129,155

140,007

67,141

32,306

24,450

15,048

17,617

18,968

44,348

50,123

26,557

29,133

31,489

36,207

50,897

Purchase of FHLB and other bank stock

30,543

42,528

22,895

56,583

41,459

48,218

32,318

48,705

12,180

19,865

32,612

29,326

15,029

17,626

19,226

44,004

19,390

21,236

18,549

Sales of FHLB and other bank stock

31,110

34,298

25,033

61,540

47,993

35,498

28,322

40,535

20,251

27,629

32,768

35,804

19,579

12,410

20,828

48,331

4,500

8,262

11,382

Cash received in acquisition

0

-43

16,699

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash paid in acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

14,073

Net change in loans

400,271

212,009

306,721

506,824

317,385

372,343

404,462

389,766

290,131

383,606

294,372

275,395

295,059

261,653

107,407

364,471

138,018

278,210

141,207

Purchase of loans

0

6,311

1,071

9,085

2,782

0

0

0

8,285

0

192,195

153,922

0

148,145

93,582

-

-

-

-

Proceeds from sale of loans

6,207

1,680

18,128

37,336

74,606

39,376

120,536

23,516

25,673

26,883

30,378

-

-

-

-

-

-

-

-

Purchase of bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20,000

0

40,000

Proceeds from sale of other real estate owned

576

2,650

460

2,649

1,150

505

1,216

7,450

5,046

18,815

2,963

4,093

6,341

40,067

13,638

7,868

6,237

7,949

13,039

Purchase of premises and equipment

1,705

4,591

768

1,373

552

719

519

847

1,334

2,071

673

591

636

332

399

1,532

1,160

120

323

Proceeds from the sale of premises and equipment

122

932

0

53

20

0

14

1,314

232

2

0

-

-

-

-

-

-

-

-

Proceeds from life insurance

0

365

0

0

0

1,253

1,763

0

0

0

0

0

0

0

1,193

-

-

-

-

Net cash used in investing activities

-405,910

-384,594

-380,589

-474,502

-306,466

-395,139

-373,717

-607,080

-349,937

-371,344

-429,293

-449,393

-342,847

-369,894

-256,858

71,074

-442,826

-386,207

-373,672

Cash Flows From Financing Activities:
Net change in deposits

297,998

372,025

430,039

567,834

410,903

20,819

368,700

388,114

449,904

565,301

471,764

608,824

355,805

240,167

247,643

-12,492

33,615

229,434

72,160

Net change in FHLB advances

-15,000

108,000

-84,404

-118,000

-156,000

299,300

52,450

192,250

-191,250

-183,600

-31,650

-179,550

-107,050

122,730

-13,316

-93,765

309,326

190,827

137,658

Net change in repurchase agreements

-19,819

-1,544

15,823

-7,109

10,821

-19,098

-63,508

-8,655

3,328

-9,450

-418

13,472

24,735

19,695

37,095

-1,958

93

-798

-368

Repurchase of stock

-

-

-

-

-

-

-

0

3,474

6,682

13,582

-

-

-

-

-

-

-

-

Cash paid for withholding taxes on share based payments

0

0

3,666

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options and warrants

478

498

7,084

7,447

5,901

15,657

21,665

4,842

7,311

2,796

2,093

1,858

6,062

203

670

-

-

-

-

Other financing costs

0

-68

-282

-16

-13

-15

-15

-20

-24

-1

-14

-15

-24

-22

1

-116

830

-303

-32

Net cash provided by financing activities

263,657

478,911

364,594

450,156

271,612

316,663

379,292

578,641

265,795

368,364

428,193

439,065

253,018

381,971

272,093

-108,331

432,651

419,160

209,418

Net Change in Cash and Cash Equivalents

-87,767

139,251

33,104

3,494

12,425

-33,835

49,961

-3,458

-71,531

32,792

23,613

17,701

-56,527

29,209

4,992

-33,545

10,020

42,913

-151,520

Supplemental Disclosures of Cash Flow Information:
Interest paid

35,495

30,902

26,030

22,682

21,133

18,369

15,675

14,237

13,337

12,287

10,770

8,882

8,138

7,302

6,466

6,712

7,839

7,179

6,012

Income taxes paid

12,445

11,697

17

13,597

5,597

525

0

15,624

15,926

24,589

4,053

0

31,518

-9,014

13,800

0

4,116

2,316

3,500

Supplemental disclosure of noncash investing and financing activities:
Transfer/adjustments of loans to other real estate owned

30

136

100

244

406

506

888

912

710

3,277

7,345

2,751

3,987

2,168

12,667

4,683

4,847

2,529

10,340

Transfers from loans held for sale to portfolio loans

0

0

10,683

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Purchase) sale of investment securities settled in subsequent period, net

-64,037

25,304

-25,023

-

0

0

6,214

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of assets acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

508

956,816

Goodwill recorded

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

0

-408

47,763

Liabilities assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

100

962,094