FINANCIAL INSTITUTIONS INC FISI Cash Flow

Financial institutions inc (FISI)

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
Cash flows from operating activities:
Net income
-	-	-	-	-	-	-	-	-	-	8,279	6,246	7,943	8,693	8,469	7,151	7,618	6,635	8,316	6,585	6,801	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
1,127	13,107	12,833	11,401	11,521	7,491	10,577	12,170	9,288	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,219	-	6,164	6,850	6,149	6,332	4,265	6,656	6,196	5,762	5,498	5,719	5,820
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
1,973	1,992	2,066	2,052	2,103	1,622	1,620	1,625	1,610	1,564	1,560	1,576	1,477	1,478	1,490	1,503	1,487	1,364	1,394	1,345	1,326	1,336	1,186	1,048	1,013	1,036	1,046	1,048	1,051	1,067	1,003	884	874	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	849
Net amortization of premiums on securities
-562	-816	-201	-524	-528	-525	-581	-679	-671	-825	-819	-830	-824	-867	-822	-789	-714	-795	-808	-804	-743	-806	-853	-697	-885	-876	-1,096	-1,232	-1,328	-1,326	-1,355	-1,303	-1,300	-1,495	-1,402	-1,447	-1,378
Provision for credit losses
13,915	2,653	1,844	2,354	1,193	3,884	2,061	40	2,949	3,946	2,802	3,832	2,781	3,357	1,961	1,952	2,368	2,598	754	1,288	2,741	1,910	2,015	1,758	2,106	2,407	2,770	1,193	2,709	2,520	1,764	1,459	1,385	2,162	3,480	1,328	810
Share-based compensation
332	378	393	453	182	204	338	457	302	289	280	366	239	248	165	303	129	154	150	267	103	88	78	202	103	95	107	103	102	153	55	176	142	242	287	345	231
Deferred income tax expense (benefit)
-276	-899	588	-271	951	-7,501	1,999	-2,287	-2,691	12,930	-1,179	-27	679	-1,195	-373	-281	131	1,480	116	-380	582	1,352	-264	791	275	-360	-864	1,069	1,702	2,659	1,093	2,247	344	4,388	916	330	876
Proceeds from sale of loans held for sale
9,934	13,373	12,674	9,440	5,992	9,641	11,140	4,377	5,389	5,116	5,660	2,116	1,663	2,409	1,575	3,527	4,144	5,825	3,049	3,955	3,366	3,894	4,944	2,901	4,804	3,221	3,584	9,091	10,288	12,220	12,319	16,178	14,350	12,375	6,302	4,145	10,017
Originations of loans held for sale
9,228	10,875	16,588	9,152	5,011	9,077	11,989	4,737	4,098	5,321	6,053	1,811	2,662	2,577	2,164	3,049	3,245	5,599	4,116	3,708	3,198	3,538	5,696	2,152	3,071	4,244	6,364	10,337	10,712	11,887	11,725	15,482	13,660	12,161	7,452	3,297	8,321
Income on company owned life insurance
465	465	459	424	410	460	440	443	450	414	449	473	445	468	486	486	1,368	514	488	493	467	504	421	425	403	431	422	438	415	451	433	441	426	457	422	279	266
Net gain on sale of loans held for sale
304	324	439	407	182	266	303	131	96	106	150	72	48	38	46	78	78	88	53	39	69	82	76	50	105	-17	-101	35	200	440	323	325	333	221	318	117	224
Net (gain) loss on investment securities
221	-44	1,608	166	-53	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on investment securities
-	-	-	-	-	-	-	-	-	-	-	-	206	-	426	1,387	613	640	286	0	1,062	264	515	949	313	2	0	332	892	487	596	1,237	331	656	2,340	4	3
Impairment charges on investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	91	-	-	-	-
Net gain on other assets
64	-27	-2	9	49	1	37	9	3	12	21	6	-2	28	199	82	4	7	0	16	4	8	72	24	-35	-142	0	38	1	-	-	-	-	-	-	-	-
Net loss (gain) on sale and disposal of other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-114	29	6	23	7	-8	45
(Increase) decrease in other assets
31,708	14,495	3,982	4,257	-1,471	-6,827	236	802	-7,587	23,631	-211	-928	2,013	1,521	-4,328	6,584	-5,804	3,375	-1,821	6,693	-7,702	7,026	-5,132	4,603	-4,891	13,518	-316	-4,370	-2,192	8,994	-6,547	5,492	-3,690	8,109	851	713	-1,917
Increase (decrease) in other liabilities
18,745	11,216	4,504	2,237	-2,984	-948	5,135	2,229	-3,351	5,282	1,269	402	-2,937	-1,686	-491	2,561	-127	-1,443	999	1,447	-627	-2,930	188	-3,360	3,111	6,766	726	346	-857	4,010	-5,256	10,029	-1,354	5,273	-1,420	1,770	-566
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,625	5,839	16,960	-	12,854	4,362	17,937	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
4,322	16,548	12,029	13,775	15,358	14,330	20,541	13,161	17,107	10,866	12,844	15,272	7,297	-	-	-	-	-	-	-	-	-	-	-	20,550	-	8,260	14,122	12,444	330	10,182	15,926	12,262	974	7,037	11,534	12,473
Cash flows from investing activities:
Purchases of available for sale securities
44,812	-	-	-	7,681	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of available for sale securities
-	-	-	-	-	-	-	-	-	-	45,576	18,314	22,544	21,273	15,227	57,316	119,597	0	29,993	163,501	78,405	56,840	53,784	30,053	95,366	52,514	34,220	35,983	124,157	77,171	21,566	124,121	99,333	27,426	6,491	81,834	42,262
Purchases of held to maturity securities
1,364	13,898	2,102	3,028	4,466	3,098	8,384	13,768	2,767	869	29,088	25,246	16,276	35,773	66,903	20,087	3,612	10,629	14,198	28,546	11,024	13,376	21,800	22,859	5,735	10,370	4,062	4,090	1,076	4,681	3,956	3,591	3,256	5,170	4,590	5,508	1,920
Proceeds from principal payments, maturities and calls on available for sale securities
13,847	24,075	13,668	19,225	25,390	-	-	-	-	2,554	24,117	12,957	12,350	9,489	23,497	44,648	17,627	16,657	8,112	0	29,508	5,500	14,672	41,958	19,470	0	0	375	952	520	633	1,310	360	-	-	-	-
Proceeds from principal payments, maturities and calls on available for sale securities
-	-	-	-	-	-	-	8,646	6,167	-	10,867	7,858	10,566	11,772	49,711	9,427	48,280	8,879	60,591	19,714	38,073	16,713	39,721	67,287	16,617	19,189	28,908	49,889	45,067	38,767	38,789	53,131	44,992	42,068	38,396	54,522	33,990
Proceeds from principal payments, maturities and calls on held to maturity securities
13,827	14,418	14,355	41,893	12,842	15,766	20,997	42,565	16,883	22,171	20,724	39,011	14,470	18,155	17,277	18,766	12,381	12,336	7,432	11,346	5,048	4,594	9,941	12,093	4,398	5,898	3,163	4,240	1,483	6,340	6,058	5,567	2,854	3,682	6,655	5,786	5,863
Proceeds from sales of securities available for sale
20,257	-	-	-	4,948	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loan originations
27,029	68,804	9,437	64,632	24,361	102,238	90,362	108,671	60,644	122,450	101,202	116,153	65,100	57,993	73,368	98,026	33,297	49,582	28,918	87,377	14,190	5,674	13,201	49,782	16,155	55,939	34,670	27,770	13,570	48,920	19,091	46,095	37,205	51,596	67,799	30,029	7,686
Purchases of company owned life insurance, net of proceeds received
7	44	0	0	24	28	0	0	7	45	-1	1	7	45	0	8	-2,451	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from company owned life insurance, net of purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-	5,000	26	8	45	0	27	7	45	0	26	8	45	18,000	27	7
Proceeds from sales of other assets
-427	0	-31	-79	-250	-130	-201	-235	-24	-45	-87	-75	-27	-252	-284	-209	-109	-198	0	-58	-109	-	-	-	-	-86	-2	-228	-239	-185	-97	-120	-332	-196	-344	-55	-110
Purchases of premises and equipment
1,196	1,272	683	1,109	575	843	897	719	383	774	592	1,084	5,290	3,377	820	962	2,460	2,536	2,066	1,867	1,024	882	2,077	1,300	1,071	541	612	546	1,712	1,286	2,419	1,474	661	622	1,646	1,205	205
Cash consideration paid for acquisition, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	868	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-65,549	-103,349	-78,986	-	960	-250,200	-31,912	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-26,050	-69,541	3,060	35,425	6,323	-67,196	-47,095	-70,391	-40,727	-78,575	-121,338	-100,897	-71,804	-	-	-	-	-	-	-	-	-	-	-	-77,850	-	-41,491	-13,684	-92,781	-86,291	130,746	-51,602	-91,925	-4,476	-38,921	-49,340	-12,117
Cash flows from financing activities:
Net increase in deposits
231,510	-30,539	114,225	-36,848	141,930	-118,822	223,562	-117,842	169,835	-71,334	149,022	-37,173	174,437	-68,135	205,352	-102,172	229,646	-22,969	97,262	-48,457	254,168	-88,297	88,746	-83,342	213,364	-94,129	89,949	-85,261	147,703	-69,925	39,164	-60,833	134,970	-52,072	111,432	-97,342	86,691
Net decrease in short-term borrowings
-166,000	64,100	-97,100	21,200	-182,200	161,300	-164,600	145,200	-118,600	135,400	-36,700	44,200	-28,200	101,300	-108,100	159,100	-113,900	51,700	-109,200	175,027	-159,231	118,837	-38,716	57,937	-140,296	148,896	-5,267	53,793	-40,186	141,524	-162,542	83,477	-33,351	47,623	-29,320	90,335	-35,050
Repurchase of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	52	26	53	-	-	-	-	6	96	0	37,447
Repayments of long-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	26,702	0	65
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	43,127
Purchases of common stock for treasury
196	73	27	0	193	0	0	0	113	0	0	0	148	-	-	-	-	161	0	0	41	-1	0	1	194	0	0	0	229	3	29	0	525	10	0	8	197
Proceeds from stock options exercised
-	-	-	-	-	0	11	233	76	0	34	136	243	150	28	498	288	107	87	93	72	507	28	22	110	382	7	46	13	43	0	0	26	0	0	0	91
Excess tax benefit on share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	4	-	-	-	6	0	-108	-16	6	0	0	-33	130	-43	0	0	64
Cash dividends paid to preferred shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	368	369	368	370	370	1,010
Cash dividends paid to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,779	1,776	1,640	1,639	1,084	1,083
Cash dividends paid to common and preferred shareholders
4,365	-	4,360	4,350	4,187	-	4,182	4,181	3,859	-	3,511	3,408	3,403	-	3,256	3,249	3,185	-	3,182	3,180	3,176	-	2,987	2,984	2,981	-	2,841	2,838	2,562	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	94,021	54,190	112,849	-	-15,034	162,420	91,796	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided (used in) by financing activities
60,949	29,125	12,738	-19,998	-44,650	38,290	54,791	23,410	47,339	69,066	121,795	20,463	142,929	-	-	-	-	-	-	-	-	-	-	-	70,009	-	81,688	-34,302	104,692	69,352	-125,696	20,464	99,105	-6,516	53,401	-10,645	55,121
Net increase (decrease) in cash and cash equivalents
39,221	-	-	-	-22,969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-33,820	23,719	-	13,301	-65,162	78,422	-39,444	43,097	-43,320	50,823	8,787	-1,220	-83,418	77,821	-29,431	22,750	-7,569	12,709	-39,692	48,457	-33,864	24,355	-16,609	15,232	-15,212	19,442	-10,018	21,517	-48,451	55,477
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	3,904	2,597	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	1,349	4,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,396	2,096	-	2,400	1,693	1,473	-	1,743	1,654	1,659	-	2,059	1,867	1,812	-	2,637	2,506	2,903	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,724	500	-	-	-	-	-	1,426	5,213	3,100	-	2,309	1,557	140	-	485	3,242	60	-	-	-	-
Real estate and other assets acquired in settlement of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	69	234	140	-	156	79	51	-	83	214	97	-	29	216	410	-	67	112	71	-	-	-	-
Increase in net unsettled security purchases
-	-	-	-	-	-	-	-	-	-	-	2,341	740	-	1,040	1,420	-170	-	-1,791	-2,199	6,222	-	-536	-537	2,797	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred from held for sale to held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	853	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued for acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	8,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	4,848	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,845	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-