1st franklin financial corporation (FFC)
CashFlow / TTM
Mar'20Mar'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
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)

0

18,130

17,340

19,144

18,573

15,189

14,905

4,690

-768

-1,495

1,043

12,794

17,800

23,279

25,865

27,869

29,956

31,105

33,333

36,202

37,447

36,098

34,407

31,354

32,015

32,572

32,748

34,424

32,948

31,104

29,123

0

0

0

Adjustments to reconcile Net Income (Loss) to net cash provided by operating activities:
Provision for loan losses

0

41,549

39,207

35,295

30,861

30,878

32,355

128,915

106,679

88,419

67,562

-52,173

-46,587

-41,844

-36,887

-33,996

-32,307

-32,950

-32,622

-31,380

-29,464

-28,011

-27,623

18,122

19,424

21,101

22,484

-8,736

2,740

10,328

19,008

0

0

0

Depreciation and amortization

0

4,689

4,631

4,672

4,575

4,433

4,268

9,494

7,473

5,508

3,709

-3,529

-3,382

-3,285

-3,318

-3,345

-3,339

-3,258

-3,156

-3,073

-2,994

-2,954

-2,910

-2,848

-2,792

-2,744

-2,716

-6,496

-5,153

-3,845

-2,586

0

0

0

Provision for deferred income taxes

0

580

522

-1,805

-1,907

-2,196

-2,445

0

0

0

-

-

-

-875

-1,037

-1,034

-738

30

-41

-116

-156

-169

-145

-104

-136

-197

-252

-64

-91

152

-24

0

0

0

Other

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings in equity method investment

-

-

-

-

-

-

739

2,560

1,499

1,200

1,212

-99

1,114

1,444

1,070

821

-270

-686

-847

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Equipment and amortization on securities

-

-

321

-991

-728

-457

-364

1,424

1,088

908

591

-667

-649

-656

-768

-799

-906

-1,126

-1,101

-1,172

-1,140

-1,073

-1,004

1,214

82

656

1,126

-722

848

723

564

0

0

0

Decrease (increase) in miscellaneous other assets

0

2,918

-333

-1,768

-1,172

-2,350

1,887

-1,178

-89

-3,758

-1,066

9,015

8,829

2,949

-1,836

-9,517

-9,729

-4,076

421

-989

-422

-808

-1,561

-621

-390

-468

-433

-811

-815

2,182

-280

0

0

0

Decrease in other liablities

0

1,343

-96

1,855

2,014

-581

8,036

-7,288

-12,243

-12,389

-5,056

4,589

2,528

-632

149

-1,193

-1,838

-259

-1,011

-710

605

106

333

-1,700

-1,051

-1,344

-1,961

-1,132

-481

1,207

736

0

0

0

Net Cash Provided by (Used in) Operating Activities

0

63,072

61,617

60,668

54,697

49,841

54,858

59,348

61,981

66,011

67,054

73,195

75,791

74,966

66,962

59,544

59,087

63,905

70,840

70,347

69,201

66,894

63,985

63,272

62,228

61,333

60,856

59,634

54,987

52,139

50,289

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Loans originated or purchased

0

516,506

510,440

504,146

487,796

466,715

443,896

408,086

406,106

386,260

384,978

390,551

387,264

396,808

387,639

383,031

366,308

358,419

351,600

342,931

337,604

336,920

334,922

317,281

311,678

303,230

300,909

296,353

281,668

277,481

268,764

0

0

0

Loan liquidations

0

578,902

374,784

895,594

339,689

345,800

349,066

-186,071

-16,101

152,840

340,621

344,817

335,302

333,731

332,703

323,492

317,478

308,155

300,064

293,347

290,160

286,404

281,446

277,485

269,302

260,877

252,810

242,478

238,577

233,014

226,770

0

0

0

Increase (decrease) in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-413

1,007

4,495

8,262

1,169

871

724

98

-2,267

-2,828

-3,320

-3,702

-1,317

-1,247

431

-891

-54

823

-1,834

1,789

0

0

0

Purchases of marketable debt securities

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Redemptions of marketable debt securities

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

0

0

0

Fixed asset additions, net

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Fixed asset net proceeds from sales

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales of securities, available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,199

0

0

0

-

-

5,250

2,452

2,267

0

0

0

Net Cash Provided by (Used in) Investing Activities

0

-144,841

-150,412

-125,683

-114,360

-107,439

-96,160

-101,119

-99,270

-86,031

-78,222

-80,280

-84,350

-83,240

-71,518

-64,437

-53,259

-78,843

-83,657

-93,351

-90,522

-76,745

-81,336

-57,487

-59,639

-64,299

-67,401

-78,534

-70,283

-77,311

-78,203

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in senior demand notes outstanding

0

-6,809

-1,520

3,527

1,784

7,017

1,348

4,782

9,145

2,899

2,166

5,751

6,786

9,879

12,470

3,938

1,140

2,062

4,475

4,000

4,697

7,307

4,022

7,634

7,976

6,264

3,425

3,524

2,931

2,532

6,214

0

0

0

Advances on credit line

0

116,215

79,445

16,358

531

542

543

543

543

531

532

532

533

533

531

531

531

531

531

531

531

129

531

531

531

932

532

532

532

532

4,308

0

0

0

Payments on credit line

0

72,915

26,265

8,158

531

542

543

543

543

531

532

532

533

533

531

531

531

531

531

531

531

129

531

531

531

932

532

532

532

532

5,208

0

0

0

Commercial paper issued

0

83,313

63,064

57,023

50,129

48,874

48,097

49,395

48,850

46,506

54,659

63,346

70,906

71,865

67,964

61,459

57,083

68,896

65,587

69,526

72,226

59,641

61,559

58,349

49,407

49,520

55,411

53,833

55,969

57,533

51,932

0

0

0

Commercial paper redeemed

0

54,486

44,173

41,816

31,191

30,172

29,809

34,211

35,148

32,995

35,522

30,976

30,110

31,163

27,132

25,589

26,551

41,857

42,891

44,697

46,629

33,030

33,460

33,095

27,697

26,721

26,745

28,739

26,863

23,988

21,938

0

0

0

Subordinated debt securities issued

0

6,066

5,703

5,968

5,974

6,292

6,753

6,692

6,875

6,324

6,495

7,023

7,465

7,753

8,164

8,134

9,283

7,446

7,210

7,259

5,854

8,143

8,645

8,771

9,468

8,979

8,740

8,270

9,878

9,153

10,518

0

0

0

Subordinated debt securities redeemed

0

10,281

8,920

7,949

8,497

7,521

8,113

8,242

8,526

7,852

7,652

8,546

8,432

9,329

9,886

10,168

11,806

10,034

9,862

9,464

8,860

10,942

11,185

11,531

10,555

9,871

12,692

13,766

19,452

21,791

23,427

0

0

0

Dividends / Distributions

0

2,914

2,796

2,781

1,297

-415

146

161

161

6,444

8,650

8,650

11,878

12,292

10,302

11,292

16,939

19,532

23,375

22,385

17,048

16,874

14,017

0

0

0

-

-

-

-

-8,835

0

0

0

Net Cash Provided by (Used in) Financing Activities

0

60,847

67,577

19,474

14,204

22,209

15,433

18,255

21,035

8,438

11,495

27,947

34,737

36,713

41,278

26,483

12,210

6,980

1,143

4,237

10,240

14,245

15,564

15,833

14,415

16,647

18,379

12,489

12,795

15,972

13,563

0

0

0

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

0

-20,922

-21,217

-45,540

-45,457

-35,389

-25,868

-23,516

-16,253

-11,582

327

20,863

26,178

28,440

36,722

21,590

18,039

-7,957

-11,673

-18,766

-11,080

4,395

-1,786

21,618

17,004

13,681

11,834

-6,410

-2,500

-9,198

-14,350

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for Interest

0

14,623

13,626

13,234

13,166

13,019

12,846

12,839

12,897

13,156

13,513

13,679

13,632

13,376

12,874

12,487

12,255

11,952

11,881

11,781

11,613

11,618

11,537

11,394

11,463

11,358

11,333

11,331

17,301

11,410

11,710

0

0

0

Income Taxes

-

-

-

-

-

-

5,696

5,876

5,821

6,044

6,134

6,005

5,541

4,033

3,768

3,609

3,911

4,224

4,304

4,465

3,915

3,907

3,857

0

0

0

-

-

-

-

-

-

-

-

SUPPLEMENTAL DISCLOSURES FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:
Adoption of Lease Accounting Standard ASU 2016-02

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adoption of CECL Accounting Standard ASU 2016-13

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,830

0

0

0

-

-

-

-

-

-

-

-