FIRST FINANCIAL BANCORP /OH/ FFBC Cash Flow

First financial bancorp /oh/ (FFBC)

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	Dec'10	Sep'10	Jun'10	Mar'10
Operating activities
Net income
28,628	48,677	50,856	52,703	45,839	55,014	50,657	36,418	30,506	24,811	24,826	22,736	24,414	23,294	22,850	22,568	19,814	19,820	18,673	18,949	17,621	18,599	15,344	15,953	15,104	3,785	14,911	15,829	13,824	16,265	16,242	17,802	16,994	17,941	15,618	15,973	17,207	14,300	15,579	17,774	11,598
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
25,448	4,629	5,228	6,658	14,083	5,310	3,238	3,735	2,303	-205	2,953	467	367	2,761	1,687	4,037	1,655	1,864	2,647	3,070	2,060	2,052	893	-384	-1,033	-4,006	6,706	-5,874	12,083	9,165	10,235	14,411	16,209	12,074	14,903	29,651	26,663	23,738	27,012	34,580	11,378
Depreciation and amortization
8,464	8,002	7,105	6,542	6,489	6,845	7,118	7,132	3,076	3,141	3,150	3,094	3,260	3,284	3,274	3,192	3,287	3,569	3,309	3,180	3,208	3,320	3,235	3,052	3,178	3,213	3,427	3,755	3,875	4,021	4,143	4,068	3,601	3,248	2,924	2,942	2,837	2,848	2,590	2,872	2,668
Stock-based compensation expense
1,537	1,533	1,705	1,766	2,996	1,215	1,539	1,492	1,954	1,369	1,065	1,479	1,487	1,498	1,506	1,389	1,007	1,043	962	1,186	858	1,078	975	1,107	810	754	912	1,050	1,087	1,099	1,145	1,190	752	1,068	1,062	1,097	708	929	833	606	716
Pension Cost (Reversal of Cost)
400	219	261	145	375	379	339	338	-156	356	-319	-318	-319	-525	-225	-225	-225	-142	-300	-300	-300	-284	-348	-252	-253	187	1,124	4,170	15	-89	-107	-142	-143	-337	-312	-350	-350	503	558	475	475
Net amortization (accretion) on investment securities
-3,981	-2,767	-3,051	-2,963	-2,649	-2,637	-3,031	-2,377	-2,801	-2,882	-2,918	-2,822	-2,176	-2,263	-2,208	-2,094	-1,911	-2,025	-2,054	-2,079	-1,741	-1,856	-2,022	-1,771	-1,730	-1,761	-2,471	-5,068	-3,788	-3,710	-3,559	-2,662	-2,240	-2,174	-1,340	-878	-832	-269	-195	-240	-294
Net (gain) loss on sales of investment securities
-59	-296	105	-37	-178	36	-167	-30	0	19	276	838	516	0	398	-188	24	2	409	1,094	0	20	0	0	50	0	0	188	1,536	1,011	2,617	0	0	-	-	-	-	-	-	-	-
Loss on trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-30
Originations of loans held for sale
111,112	121,307	130,277	97,767	41,227	44,629	59,101	31,658	22,383	34,409	47,844	43,458	32,085	59,576	72,513	57,502	42,935	49,224	64,453	73,627	59,541	51,816	41,599	33,665	18,297	25,443	33,633	45,279	47,969	49,960	70,165	54,672	48,278	62,528	35,605	26,001	33,691	73,220	45,501	34,901	12,711
Gain (Loss) on Sales of Loans, Net
2,831	4,723	4,806	3,432	1,890	1,428	1,739	2,316	588	1,171	1,455	1,327	1,216	1,711	2,066	1,846	1,181	1,325	1,758	1,924	1,464	1,571	1,660	737	396	604	751	1,089	706	1,179	1,319	1,132	940	1,172	1,243	854	989	1,241	2,749	473	169
Proceeds from sales of loans held for sale
100,288	135,878	131,798	89,172	39,273	54,470	62,900	25,462	24,542	39,885	44,644	40,138	38,633	65,566	67,659	64,223	49,381	54,665	61,319	69,229	56,816	58,826	39,498	27,467	19,012	26,874	40,639	55,472	35,868	57,343	68,377	54,393	52,410	53,125	31,412	24,844	57,160	64,244	39,063	26,671	16,051
Deferred income taxes
2,975	-36	-789	790	12,625	6,616	11,755	-10,368	-1,736	-8,465	-10	3,912	75	75	-470	741	0	1,238	-1,520	2,161	2,313	-2,268	-15,890	-4,247	0	-19,707	-1,167	-2,340	-2,114	-3,467	-7,948	-1,417	-1,253	-959	-6,861	-6,957	314	-29,067	21,066	-16,160	12,701
Amortization of operating leases
2,020	1,830	1,846	1,822	1,826	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease, Payments
1,288	1,683	1,893	1,936	1,823	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) cash surrender value of life insurance
198	731	943	540	1,534	970	4,882	388	-786	3,229	447	-332	448	-156	4,321	-4,472	493	4,065	359	475	480	-353	3,743	447	418	406	3,448	-90	423	423	194	459	-2,498	1,897	-463	-931	302	328	2,669	472	350
Decrease (increase) in interest receivable
878	-1,916	-3,035	-275	3,109	-456	3,699	-1,122	1,687	1,638	2,672	-338	1,735	273	-428	-860	2,471	-917	815	-1,257	2,354	-946	708	-522	2,663	719	-108	-1,090	1,660	-371	445	-3,537	196	747	1,337	-949	303	-839	-3,909	-325	-3,511
Decrease (increase) in prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,048	-637	892	-3,183	-490	677	2,501	-2,563	-1,649	-1,491	382	-2,037	-902	-3,630	339	-3,145	-482	-2,677	1,472
Decrease in indemnification asset
-	-	-	-	-	-	-	-	-	-	-1,422	-1,174	-1,244	-1,270	-1,217	-1,752	-1,374	-1,301	-1,407	-59	-2,269	-1,494	-6,260	-8,583	-6,088	-33,041	-10,834	-23,462	-7,179	-10,869	-16,289	-9,632	-16,612	-4,805	-15,299	-14,246	-15,289	-15,061	-12,906	-22,713	-14,079
(Decrease) increase in accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	453	1,792	-7,760	4,477	-1,814	2,016	-6,215	7,821	-1,515	-4,917	1,985	10,009	-5,159	-7,277	-14,995	39,833	-41,557	21,743	-12,191
(Decrease) increase in interest payable
-2,197	385	556	282	322	1,610	1,001	3,609	-1,013	1,107	-1,200	1,572	-1,424	1,526	-1,628	1,501	-1,353	1,590	573	133	0	102	7	51	-130	68	-151	15	-282	-405	-288	-450	-543	-299	-430	-1,070	-54	-1,203	-639	-1,265	3,864
Decrease (increase) in other assets
362,619	-66,006	118,138	84,177	30,168	-32,485	26,671	-13,132	-15,414	22,702	-19,719	19,429	-957	-20,193	-1,321	7,317	15,305	10,600	1,308	8,027	13,435	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in other liabilities
181,099	-65,441	99,865	46,448	-8,908	-35,033	14,266	12,215	-1,491	22,524	4,525	-2,489	-3,082	5,066	10,668	-4,111	-3,923	7,567	-14,489	24,835	5,790	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22,497	15,674	906	-12,656	-4,851	-1,265	-7,583	-8,099	2,490	295	-5,223	-9,306	3,438	4,259	-9,873	-37,315	17,594	8,283	-13,972
Net cash provided by (used in) operating activities
-126,224	78,227	48,355	21,751	37,996	86,819	59,919	62,332	52,328	30,532	50,999	10,205	31,788	64,868	31,197	36,016	10,519	30,241	5,533	40,691	15,102	12,813	25,188	5,529	13,124	39,114	45,509	57,835	21,896	64,792	34,551	45,702	66,789	47,491	28,612	47,115	79,860	37,965	13,484	69,122	64,444
Investing activities
Proceeds from sales of securities available-for-sale
29,922	118,603	284,893	115,640	0	31,227	43,321	216,197	0	10,445	53,911	103,367	22,239	81	108,175	56,038	42,696	1,604	15,097	53,493	25	73,783	0	0	92,573	0	0	43,998	48,686	182,653	57,663	0	0	-	-	-	-	-	-	-	-
Proceeds from calls, paydowns and maturities of securities available-for-sale
151,629	155,448	153,934	152,538	95,114	115,754	109,864	109,481	52,252	66,236	55,561	53,475	49,418	66,695	48,595	38,868	31,974	32,617	31,528	30,705	26,103	25,729	26,691	22,753	26,247	26,360	31,854	75,255	53,351	59,837	82,498	51,433	75,468	84,685	59,477	145,580	53,231	56,330	39,372	30,787	41,896
Purchases of securities available-for-sale
234,589	316,288	106,403	268,762	143,290	285,603	121,842	367,649	77,037	159,959	98,629	244,782	219,761	171,867	150,261	38,005	36,851	172,657	150,602	169,637	55,005	5,547	42,061	39,165	61,081	104,582	49	54,929	54,838	557,469	134,003	39,804	291,496	578,314	38,595	249,912	160,933	364,244	154,339	100,271	124
Proceeds from calls, paydowns and maturities of securities held-to-maturity
6,186	5,989	5,616	4,059	2,398	4,707	5,130	7,116	19,718	23,079	26,746	33,581	38,497	37,492	35,649	30,999	22,881	28,560	36,188	48,156	27,155	31,231	28,013	23,795	22,584	23,558	39,069	43,429	51,591	55,788	48,161	41,971	8,151	60	277	11,039	626	436	285	304	263
Purchases of securities held-to-maturity
-	-	-	-	-	-	-	-	-	7,937	1,024	0	14,441	11,196	0	0	0	-	-	-	-	0	29,010	44,066	67,350	219,635	13,476	0	0	-	-	-	-	-	-	-	-	0	526	0	51
Payments to Acquire Other Investments
18,659	500	0	11,620	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease (increase) in interest-bearing deposits with other banks
-14,123	-17,279	61,999	-51,444	-12,486	-8,749	8,926	-27,715	23,774	813	-4,948	9,219	43,392	-65,685	2,146	-3,329	18,152	-9,543	16,836	-15,677	-2,720	-265	16,872	-29,556	16,149	-15,416	-7,743	-1,501	23,171	-2,846	-12,308	14,914	351,297	-6,268	-222,022	240,815	-210,971	103,505	395,434	-259,272	-154,602
Net decrease (increase) in loans and leases
105,697	142,237	93,438	174,320	-438	-17,206	-37,834	-5,909	89,526	35,869	108,230	123,201	-1,257	-29,157	90,314	197,936	117,755	176,376	129,278	93,541	-8,883	209	149,402	8,414	68,533	-153,129	50,916	138,577	72,053	-137,602	59,210	56,228	6,372	38,206	30,496	16,357	-31,113	61,360	-19,663	-16,318	-50,125
Net decrease in covered assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-80,079	-55,091	-44,904	-	-62,969	-76,478	-51,622	-76,748	-65,347	-77,400	-121,382	-94,632	-87,534	-90,975	-101,391
Proceeds from Sale of Other Real Estate
900	246	553	471	183	659	298	618	2,222	186	4,505	1,130	1,162	2,448	2,736	2,137	2,035	3,579	2,560	5,121	4,557	1,857	9,810	6,821	12,082	3,729	3,595	14,495	5,500	5,340	7,480	16,228	6,309	6,808	15,239	6,998	11,949	10,399	927	1,429	1,413
Purchases of premises and equipment
5,805	5,707	7,422	6,537	1,268	2,684	1,882	8,683	4,979	1,739	551	1,181	3,066	3,299	1,404	123	4,900	1,096	2,407	1,709	2,255	3,018	5,021	1,003	1,567	1,278	577	1,583	3,857	6,897	7,826	3,997	6,782	13,835	5,093	1,517	3,096	5,828	4,684	1,407	10,870
Net cash provided by (used in) investing activities
-190,236	-201,725	248,187	-239,975	-58,911	-158,914	81,703	-55,050	-73,576	-107,098	-72,659	-168,392	-81,303	-120,413	-39,816	-111,351	-41,768	-289,737	-490,944	-144,909	6,743	123,561	-109,808	-68,835	-28,896	-314,209	81,836	35,678	96,455	-324,582	45,424	100,995	188,197	126,760	34,845	214,046	-156,699	-166,130	383,666	-221,137	29,441
Financing activities
Net (decrease) increase in total deposits
425,329	126,372	-25,147	-24,893	-6,379	387,760	-350,693	-171,215	115,458	168,956	257,181	-60,967	4,088	187,105	219,059	-57,153	-2,847	98,196	365,613	1,225	58,848	122,725	89,285	54,738	-17,118	108,500	-41,629	-50,711	-134,493	11,229	-157,138	-299,166	-241,925	-120,977	-17,213	-242,840	71,001	94,986	-196,073	23,650	-126,954
Net (decrease) increase in short-term borrowings
81,543	101,995	-99,135	265,906	6,724	-253,561	105,949	334,376	-156,233	-49,167	-224,601	229,149	51,272	-118,324	-188,848	145,185	31,474	174,908	53,468	118,407	-69,750	-257,911	30,099	-20,780	86,344	125,077	3,742	-13,133	8,493	253,380	121,271	171,300	-20,812	3,980	-9,840	17,318	28,131	1,095	20,448	-144	1,013
Payments of long-term debt
90,066	85,199	49,078	189	25,187	186	289	51,985	0	-	-	-	-	-	-	-	-	0	45,306	400	532	4,290	27,857	463	610	301	12,862	534	697	311	-408	618	792	324	25,373	714	25,897	337	238,268	8,128	8,753
Proceeds from FHLB borrowings
-	-	-	-	-	0	100,000	0	50,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid on common stock
22,531	22,615	23,022	21,910	21,550	18,985	19,985	18,502	22,183	10,470	10,465	10,432	9,811	9,807	9,798	9,760	9,760	9,788	9,780	9,757	9,745	9,131	8,582	8,565	8,570	15,446	13,746	16,088	16,149	17,405	16,821	17,947	15,624	15,622	6,942	6,965	5,783	5,782	5,783	5,782	5,143
Cash dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,100
Redemption of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	80,000
Issuance of common stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	32	0	91,192
Treasury stock purchase
16,686	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	697	3,439	0	4,508	3,831	6,806	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
72	0	0	0	90	0	17	130	137	57	1	1	282	148	31	511	111	377	200	43	124	991	4	-3	64	73	0	0	0	3	25	112	180	0	3	31	29	66	-29	202	33
Excess tax benefit on share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	39	69	51	105	61	-21	7	99	4	-129	24	254	553	103	-43	73	21	69	65	283	92	11	70	86	17	20	491	7
Net cash provided by (used in) financing activities
377,661	81,707	-223,754	218,914	-46,302	115,028	-165,001	92,804	-12,821	109,376	22,022	157,751	45,831	59,161	20,427	78,834	19,083	262,039	481,391	109,525	-20,956	-147,612	82,820	24,951	59,667	215,017	-64,392	-85,017	-146,604	240,111	-52,186	-146,254	-278,690	-132,851	-59,354	-253,720	67,567	90,045	-419,653	10,289	-129,705
Cash and due from banks:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect
61,201	-41,791	72,788	690	-67,217	42,933	-23,379	100,086	-34,069	32,810	362	-436	-3,684	3,616	11,808	3,499	-12,166	2,543	-4,020	5,307	889	-11,238	-1,800	-38,355	43,895	-60,078	62,953	8,496	-28,253	-19,679	27,789	443	-23,704	41,400	4,103	7,441	-9,272	-38,120	-22,503	-141,726	-35,820