First community bankshares inc /va/ (FCBC)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities
Net income

7,872

9,564

9,156

10,451

9,631

9,306

9,100

9,066

8,868

1,213

7,652

6,418

6,202

6,404

6,383

6,255

6,084

6,148

6,259

6,175

5,958

5,715

7,043

7,007

5,725

5,324

5,412

5,435

7,141

8,439

10,059

4,078

6,001

3,231

5,318

5,728

5,751

Adjustments to reconcile net income to net cash provided by operating activities
Provision for loan losses

3,500

91

675

1,585

1,220

908

495

495

495

615

730

934

492

500

-1,154

722

1,187

434

381

276

1,100

-488

-2,439

1,279

1,793

1,528

2,333

3,205

1,142

1,220

1,916

1,620

922

2,436

1,920

3,079

1,612

Depreciation and amortization of premises and equipment

1,090

957

926

829

736

691

700

715

806

872

913

901

874

856

866

904

937

992

1,034

1,053

1,056

1,119

1,093

1,088

1,105

936

1,256

1,247

1,227

1,202

945

950

937

952

996

1,024

1,010

Amortization of premiums on investments, net

-1,243

-24

-55

-100

-16

-14

105

-19

-112

-109

-71

91

-83

1,692

-995

-865

-898

4,497

-395

-5,292

-185

3,548

-1,610

-1,795

-1,104

-476

-666

-72

330

-1,037

-328

-497

-467

-564

-885

-761

599

Amortization of FDIC indemnification asset, net

486

590

719

516

552

579

645

575

382

331

268

1,586

1,332

1,618

1,369

1,328

1,159

1,200

1,768

1,846

1,565

813

1,096

936

1,134

-

-

1,662

1,539

-

-

-

-

-

-

-

-

Amortization of intangible assets

361

251

251

249

246

254

261

263

261

266

266

263

261

265

316

277

278

281

281

279

277

255

179

178

175

184

183

183

179

191

191

189

233

250

250

261

259

Accretion on acquired loans

1,954

511

566

1,389

765

2,134

1,053

1,359

1,845

1,160

1,377

1,746

1,134

873

984

1,462

1,447

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of loans, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

176

157

106

135

185

198

153

171

694

-108

454

344

246

236

239

182

125

151

255

Equity-based compensation expense

839

259

216

149

857

211

202

214

531

153

135

165

337

387

69

68

7

67

0

23

20

157

60

42

73

-195

115

66

32

43

-22

80

31

73

4

12

9

Issuance of common stock to 401(k) plan

174

86

98

87

140

27

96

89

140

72

107

94

142

52

97

93

142

47

96

110

110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

44

240

9

16

64

111

0

8

0

28

-

-

-

-

-

-

-

-

-

-

-

-

Contribution of treasury stock to 401(k) plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,130

351

Gain on sale of premises and equipment, net

1

-29

-79

163

20

17

14

1

-7

14

1

-11

-3

33

69

20

-360

-

-

-

-

49

-15

75

4

107

0

3

48

9

-37

-55

1

-55

180

57

-25

Loss on sale of other real estate owned

-300

-462

-234

-193

-364

-480

-62

-668

-103

149

-554

-153

-233

-8

-209

-618

-660

-464

-1,879

-427

-232

-820

-868

-247

-1,292

-1,052

-762

-358

-613

-277

-767

-176

-649

-

-

-

-

Gain on sale of securities

385

-

-

-

-

-

-

-

-

-

-

-

-

388

25

-79

1

-7

-39

213

-23

-1,691

320

-59

45

208

-39

113

117

213

228

-9

51

26

178

3,224

1,836

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

219

254

264

-

-

-

-

-

-

-

-

1,548

210

0

527

FHLB debt prepayment fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

296

-

-

-

-

0

0

0

471

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

942

0

-471

Proceeds from sale of mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,462

7,778

7,803

2,950

5,206

6,652

11,321

5,264

9,525

21,918

15,679

28,226

16,441

16,403

15,495

19,163

14,334

7,248

12,367

11,517

Originations of mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,877

7,212

7,385

2,226

5,713

7,158

9,839

5,971

9,412

17,428

17,614

23,894

18,323

19,424

12,916

16,626

16,397

9,778

10,522

9,182

Increase \in accrued interest receivable

-560

-

-475

90

-254

-

-206

425

-623

-

84

13

-494

-

-617

147

-39

-

-209

-69

-127

-31

140

-53

-1,262

-1,793

1,304

-156

324

-174

-2,358

483

-307

-71

62

-1,086

-387

(Increase) decrease in other operating activities

-2,712

5,476

1,869

-1,204

862

1,431

2,203

-10

350

10,540

-374

-5,642

1,369

2,616

2,045

1,655

641

6,141

12,043

-6,092

6,750

2,868

3,606

-1,045

-16

2,578

-239

-1,484

-9,112

1,513

4,093

-1,399

8,318

9,527

4,884

-1,678

1,835

Net cash provided by operating activities

11,373

17,019

14,187

11,356

14,093

12,353

16,004

10,309

10,833

13,132

8,860

3,690

10,688

8,298

12,316

11,290

11,184

9,738

19,359

11,290

18,132

303

15,254

13,102

13,030

15,929

14,108

8,957

5,524

8,769

19,644

8,115

20,111

17,707

10,752

12,469

13,080

Investing activities
Proceeds from sale of securities available for sale

51,027

-

-

-

-

-

-

-

-

-

-

-

-

34,398

44,051

10,405

16,074

10,733

0

251

15

22,899

37,745

77,595

24,204

1,694

-39

28,773

75,506

77,508

57,443

10,598

10,051

1,450

9,230

101,783

80,384

Proceeds from maturities, prepayments, and calls of securities available for sale

10,751

3,308

5,731

12,089

11,735

11,709

23,108

31,396

2,552

19,133

3,199

7,320

7,503

22,511

57,557

9,811

10,027

7,581

9,245

5,624

7,481

8,212

10,007

11,911

18,785

19,405

22,617

25,276

19,757

39,512

23,299

21,787

21,232

19,569

10,307

7,380

11,937

Proceeds from maturities and calls of securities held to maturity

-

0

0

0

25,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

480

1,590

620

-1

765

420

115

Payments to acquire securities available for sale

-

-

-

-

-

0

0

43,968

23,387

12,440

19,976

16,990

0

-

-

-

-

0

11,828

38,328

31,384

1,736

2,209

20

2,082

0

20,210

81,396

99,532

135,707

68,836

13,742

27,059

54,317

121,167

22,504

36,830

Payments to acquire securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

15,003

26,971

11,669

11,441

7,594

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from repayment of loans, net

-19,052

-7,197

-26,481

-16,239

-35,316

-15,583

-7,146

6,079

-22,862

-20,151

-4,847

5,488

-17,945

20,259

43,328

38,258

57,398

17,725

24,349

-1,217

-16,138

-5

5,569

32,846

25,705

22,554

10,934

9,451

-31,277

-36,343

-35,231

4,511

-8,028

26,109

5,093

5,612

-8,118

Proceeds from bank owned life insurance

-

-

-

-

-

0

0

287

171

0

0

2,639

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of FHLB stock, net

12

0

0

-258

129

0

2,125

0

-3

0

0

-637

-57

-1,063

-3,909

4,181

661

0

0

-1,063

-216

-1,125

-1,575

0

-1,649

714

0

0

-1,184

-344

-1,253

-1,224

720

-

-

-

-

Payments to the FDIC

35

-

-

-

23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash proceeds from mergers, acquisitions, and divestitures, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Payments to) proceeds from the FDIC

-

-

-

-

-

-34

-325

97

111

-12

1,333

-450

818

764

1,066

1,386

1,187

272

606

1,117

688

1,833

719

1,075

1,143

738

8,425

4,007

1,141

-

-

-

-

-

-

-

-

Proceeds from sale of premises and equipment

5

917

90

908

40

448

18

14

475

28

1

-11

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to acquire premises and equipment

1,580

2,186

1,273

3,327

1,625

1,475

692

263

121

326

590

550

888

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to acquire property, plant, and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

608

499

-659

-

-

-

-

-

-

662

204

-168

707

534

1,219

3,920

2,588

667

833

896

370

686

1,113

Proceeds from sale of (payments to acquire) property, plant, and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

267

263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property, plant, and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,142

176

-

0

17

96

33

231

885

2

33

390

0

175

Proceeds from sale of other real estate owned

1,279

337

1,375

214

1,328

1,959

196

277

508

2,233

394

930

806

2,606

1,035

856

2,650

1,357

2,497

1,881

987

2,450

2,405

4,132

1,632

1,717

1,690

2,154

1,041

2,314

3,107

1,062

1,623

-

-

-

-

Net cash provided by investing activities

80,487

31,620

30,068

38,047

71,642

28,200

36,208

-18,184

3,174

30,158

-10,792

22,150

26,280

70,638

88,498

-21,464

-27,462

1,898

-24,218

-27,252

-21,213

186,914

31,163

50,874

12,004

-155

902

-31,165

29,251

18,910

49,620

171,000

12,944

-58,908

-102,742

84,674

62,786

Financing activities
(Decrease) increase in noninterest-bearing deposits, net

-7,576

-324

-8,095

1,274

19,749

-4,395

1,094

2,373

6,335

1,203

9,140

-23,877

39,972

-45,804

28,830

-2,333

1,825

9,490

17,583

-8,984

15,693

10,403

39,652

4,734

13,457

-14,271

3,979

-5,946

12,566

8,252

-5,786

-2,893

13,084

6,585

14,195

-2,584

16,921

(Decrease) increase in interest-bearing deposits, net

-33,922

-9,619

-3,091

-31,673

2,938

-15,706

-29,981

-78,254

44,393

64,868

-2,694

-25,343

25,284

25,243

-14,483

-47,917

-419

-39,133

-34,902

-61,984

-25,263

-45,602

-30,481

-56,319

10,490

-31,552

3,890

-52,855

4,756

-42,037

-35,461

-120,833

23,199

-53,609

-3,380

-54,757

-859

Increase in federal funds purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24,000

-18,000

-

-

-

-

0

0

0

16,000

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of securities sold under agreements to repurchase, net

-253

-262

-1,220

-617

-25,670

-781

2,282

-1,246

-971

-53,697

-2,228

-4,642

-7,352

-20,527

5,140

-21,269

-3,953

14,538

1,918

5,856

-5,440

7,301

-5,720

7,822

-5,971

3,661

-6,557

-302

-14,612

-10,786

-1,463

4,019

-4,942

-10,302

1,732

-1,694

-1,422

Proceeds from FHLB and other borrowings, net

960

-

-

-

-

-

-

-

-

0

0

-15,244

-15,464

-24,999

-50,049

75,000

0

-199

-1,746

-29,000

2,000

-

-

-

-

-2

38

0

11,558

0

15,136

10,625

8

8

238

7

25,007

Repayments of other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,367

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock options exercised

-

12

42

58

24

63

164

135

22

227

104

28

19

739

3

179

0

22

0

0

41

44

0

0

9

78

0

-5

12

-

-

-

-

0

0

0

32

Excess tax benefit from equity-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

0

0

5

4

0

0

1

-

-

-

-

-

-

-

0

0

0

0

5

Payments for repurchase of common stock

21,872

0

2,003

6,577

7,782

13,125

6,572

9,302

5,413

0

1,007

92

164

668

3,903

10,324

8,867

4,047

5,981

5,895

5,602

0

20

0

2,148

23,214

3,183

947

1,077

-

-

-

-

-

-

-

-

FHLB debt prepayment fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

471

Payments of common dividends

4,593

3,895

3,908

3,936

3,321

3,415

3,477

3,014

11,184

3,059

3,063

2,722

2,719

2,716

2,724

2,448

2,508

2,547

2,591

2,453

2,403

2,393

2,392

2,207

2,208

2,264

2,406

2,398

2,407

2,209

2,202

1,965

1,786

1,787

1,791

1,790

1,787

Payments of preferred dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

219

227

228

227

228

231

239

261

261

269

285

282

284

-

-

-

-

Net cash used in financing activities

-67,256

-14,088

-18,275

-41,471

-14,062

-37,359

-86,490

-89,308

33,182

9,542

252

-71,892

39,576

-68,558

-79,186

14,888

4,078

-21,873

-25,719

-98,460

-27,555

-55,479

-37,276

-46,197

-2,599

-51,782

-4,554

-62,714

-12,581

-48,061

-60,200

-132,562

29,263

-59,825

9,691

-41,991

-12,588

Net increase in cash and cash equivalents

24,604

34,551

25,980

7,932

71,673

3,194

-34,278

-97,183

47,189

52,832

-1,680

-46,052

76,544

10,378

21,628

4,714

-12,200

-10,237

-30,578

-114,422

-30,636

131,738

9,141

17,779

22,435

-36,008

10,456

-84,922

22,194

-20,382

9,064

46,553

62,318

-101,026

-82,299

55,152

63,278

Supplemental disclosure -- cash flow information
Cash paid for interest

1,514

1,353

1,409

1,384

1,515

1,488

2,446

2,018

1,983

2,010

1,973

2,084

2,200

2,451

2,468

2,455

2,471

2,590

2,763

3,103

3,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

1,454

974

1,746

2,659

2,678

-

-

-

-

2,910

3,130

9,812

0

100

5,188

1,300

0

0

0

6,900

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental transactions - noncash items
Transfer of loans to other real estate owned

377

277

189

786

1,908

1,551

207

1,141

2,787

1,001

507

403

372

1,510

1,529

127

1,996

2,178

728

2,257

1,154

2,989

2,442

4,496

2,693

4,807

4,307

2,459

6,865

2,167

3,605

2,284

1,027

2,211

2,446

3,302

1,763

Loans originated to finance other real estate owned

265

0

13

-17

488

-

-

-

-

-

-

-

-

15

0

42

0

612

0

6

31

-

-

-

-

12

173

147

2,864

81

484

0

840

-

-

-

-

Decrease in accumulated other comprehensive loss

-367

1,201

-76

-352

-696

-1,388

232

104

1,641

773

66

-1,480

-530

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Security settlements in process

-

-

-

-

10,000

-

-

-

20,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-