First midwest bancorp, inc. (FMBI)
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'11Dec'10Sep'10Jun'10Mar'10
Operating Activities
Net income

19,606

52,121

54,545

47,014

46,058

41,408

53,352

29,600

33,510

2,347

38,235

34,950

22,855

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

39,532

9,594

12,498

11,491

10,444

9,811

11,248

11,614

15,181

8,024

10,109

8,239

4,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation of premises, furniture, and equipment

4,169

4,218

4,089

4,043

4,050

4,207

4,109

3,978

3,606

3,523

3,484

3,532

3,461

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of premium on securities

-5,727

-3,834

-5,288

-3,937

-2,672

-3,904

-3,706

-3,890

-3,848

-3,808

-4,007

-4,043

-4,284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net securities losses

-1,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sales of 1-4 family mortgages and corporate loans held-for-sale

2,629

3,665

2,936

1,981

1,410

1,087

1,341

1,509

1,625

1,724

2,061

1,879

1,414

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net losses (gains) on sales and valuation adjustments of OREO

-128

-2,731

1,189

377

792

29

811

-53

-440

359

576

-831

-689

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of the FDIC indemnification asset

302

302

302

302

302

302

302

302

302

302

302

302

302

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net losses on sales and valuation adjustments of premises, furniture, and equipment

-105

347

26

-861

-391

196

26

-5,389

-60

-239

-27

504

-113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

BOLI income

1,982

2,797

1,952

1,819

1,826

1,555

1,403

1,504

1,373

1,851

1,424

1,411

1,260

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

3,922

3,165

3,155

3,184

3,679

2,898

2,968

2,829

3,367

2,669

2,727

2,862

2,965

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit related to share-based compensation

-62

-53

-151

-105

-55

-50

-50

-107

-51

-97

-265

42

-29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of other intangible assets

2,770

2,744

2,750

2,624

2,363

2,076

1,772

1,794

1,802

1,806

1,931

2,587

1,541

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of mortgage loans held-for-sale

104,694

163,415

171,505

101,503

62,895

48,895

61,266

64,607

49,535

70,123

72,841

67,934

43,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of mortgage loans held-for-sale

119,159

176,417

143,776

95,408

58,783

52,491

62,576

65,715

65,185

68,082

73,889

60,894

55,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease (increase) in equity securities

-2,038

1,413

33

420

2,498

-2,155

605

-72

658

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in trading securities

-

-

-

-

-

-

-

-

-

22

880

415

1,210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in accrued interest receivable and other assets

114,028

148,212

17,783

8,921

-27,948

29,521

22,797

-15,381

7,309

-313,069

184,011

714

6,767

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in accrued interest payables and other liabilities

-40,870

131,584

13,523

1,719

-37,870

-2,397

-18,049

47,220

-31,120

-47,592

-1,530

28,001

-34,934

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-65,678

77,335

44,653

55,667

49,454

63,343

33,785

120,324

35,732

284,551

-131,544

73,058

8,201

17,105

45,388

49,006

10,232

64,328

30,117

28,556

34,750

37,369

32,170

34,864

21,541

31,969

33,969

42,421

27,993

44,599

39,174

18,189

67,862

26,237

40,482

47,449

52,953

52,194

40,327

42,380

58,668

Investing Activities
Proceeds from maturities, repayments, and calls of securities available-for-sale

229,391

225,059

138,471

89,901

77,601

97,367

79,523

83,900

70,236

98,284

92,214

78,886

80,060

97,060

88,306

106,702

68,235

105,864

68,058

90,606

58,236

46,757

42,465

34,969

47,810

41,202

52,723

61,809

63,724

72,642

98,215

110,575

81,049

69,898

66,293

60,154

75,166

88,953

55,063

58,404

55,514

Proceeds from sales of securities available-for-sale

39,095

0

0

93,332

0

-

-

-

-

192,442

196,264

30,983

210,154

10,392

2,751

8,590

31,453

36,654

9,935

11,127

36,193

2,858

12,109

11,140

1,698

9,208

49,683

19,745

0

103,035

38,574

9,397

2,662

11,100

80,126

53,118

44,212

99,828

142,788

66,618

80,983

Purchases of securities available-for-sale

586,292

213,348

243,150

328,359

131,707

140,224

133,406

198,685

263,386

444,196

116,793

77,685

94,766

108,434

291,949

256,669

276,265

268,181

82,048

105,278

53,974

9,445

5,296

4,973

6,142

9,299

36,477

56,936

232,730

73,365

143,813

116,370

254,881

121,496

102,612

51,382

115,792

217,651

93,339

40,065

24,287

Proceeds from maturities, repayments, and calls of securities held-to-maturity

2,268

587

711

3,000

162

2,497

369

358

360

883

2,715

399

4,549

3,382

335

387

3,973

629

569

1,727

1,720

861

663

1,227

1,924

-41

1,281

2,423

3,380

14,108

41,637

2,420

8,050

45,838

1,778

32,981

2,516

8,646

28,018

19,127

14,403

Purchases of securities held-to-maturity

16

18

0

9

2,828

0

0

0

0

-

-

-

-

5,336

0

8

8

58

0

158

1,026

640

968

177

853

14,434

755

1,353

528

15,406

22,648

7,034

3,911

31,921

11

27,905

2,414

4,279

25,862

16,521

15,664

Net purchases of FHLB stock

38,948

2,564

3,379

22,195

5,488

-7,980

4,950

2,270

10,800

0

3,375

20,027

-16,072

5,625

9,000

3,590

61

0

0

0

1,190

0

0

427

0

-

-

-

-

0

-481

0

-11,437

-

-

-

-

-

-

-

-

Net increase in loans

373,138

63,805

261,158

263,492

131,221

120,842

169,683

224,457

255,057

65,117

166,847

181,766

43,771

84,201

197,729

164,104

268,179

186,319

84,605

53,088

75,795

-11,907

39,975

143,886

107,700

120,756

148,634

107,386

-22,176

-37,651

73,342

170,256

66,671

14,069

-17,557

19,804

-2,019

-3,388

-48,877

28,499

47,723

Redemption (purchase) of FHLB and Federal Reserve Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,000

Premiums paid on BOLI, net of proceeds from claims

2,003

4,056

1,460

600

2,660

-

-7

101

12

1,854

-138

-18

24

9

2

-1,621

22

13

-74

-830

-191

12

1

56

16

-1,396

-74

56

20

2,281

-829

-76

-239

0

2,582

-1

7

1,718

0

151

9

Proceeds from sales of OREO

230

1,215

4,194

2,441

2,795

4,002

4,313

4,762

3,876

1,866

8,984

3,112

5,364

1,470

2,217

2,212

1,640

4,752

3,236

7,876

2,708

8,075

5,133

3,295

5,865

5,082

9,808

7,414

3,493

8,187

4,396

20,827

17,156

10,660

5,636

13,196

8,239

16,373

9,307

13,886

16,914

Proceeds from sales of premises, furniture, and equipment

0

1,607

247

1,734

557

4,012

399

4

146

4,896

6,079

6,652

404

2,116

147,534

2,538

675

1,035

0

0

195

13

3,735

140

18

38

0

0

1,425

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of premises, furniture, and equipment

3,168

6,790

3,180

5,279

5,081

7,062

3,847

10,047

6,844

4,443

5,061

3,728

2,891

6,763

4,784

4,615

2,921

4,678

2,205

3,171

1,215

6,200

3,811

2,120

1,954

4,444

3,300

2,301

985

2,466

2,312

3,450

536

5,261

3,274

2,007

476

12,274

2,532

3,804

3,655

Net cash (paid for) received from acquisitions

-142,282

-27,064

0

2,043

11,489

160,145

0

0

0

0

0

0

41,717

0

0

0

57,347

16,047

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-586,293

-54,001

-365,784

-430,369

-204,039

32,694

-227,289

-346,310

-461,481

-213,800

14,318

-163,166

216,868

-95,948

-262,321

-306,936

-384,133

-326,362

-86,986

-49,529

-33,957

115,333

153,540

-100,868

-59,350

-92,048

-75,597

-64,570

-140,065

245,614

-31,003

-153,812

-205,406

-35,244

68,084

67,027

13,477

-14,275

258,063

95,913

73,494

Financing Activities
Net (decrease) increase in deposit accounts

-102,404

-189,649

252,339

40,852

76,870

93,838

34,851

346,241

92,697

-155,172

208,777

43,179

104,064

-277,501

134,788

190,498

88,159

-290,525

83,779

297,992

26,921

-192,684

-9,709

78,493

50,656

-237,107

136,461

265,952

-71,460

-76,800

48,594

141,380

7,188

-254,169

131,059

75,655

-91,582

325,935

-91,872

-132,812

-21,175

Net increase in borrowed funds

977,920

5,268

246,112

431,780

67,773

-185,685

92,502

30,356

235,804

342,596

61,203

91,410

-331,085

239,469

189,795

62,333

219,899

-6,047

-19,093

57,836

-6,794

-24,373

28,676

-4,948

-643

12,284

15,455

-12,251

22,870

2,293

-15,789

-12,631

-3,216

-181,058

114,405

-1,318

-30,632

-803,829

24,889

671,487

-304,013

Repurchases of common stock

22,557

0

12,738

21,190

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for the retirement of senior and subordinated debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,029

0

0

-20,004

-

-

-

-

-

-

-

-

Proceeds from the issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-196,385

Cash dividends paid

15,431

15,402

15,502

12,854

12,782

11,351

11,323

11,331

10,288

10,277

10,367

9,279

7,206

7,313

7,762

7,238

6,885

6,904

6,900

7,014

6,218

6,012

6,026

5,272

5,258

3,006

3,003

750

749

739

747

745

746

3,370

3,158

3,155

3,155

21,690

-3,154

-9,076

2,962

Restricted stock activity

3,166

-3

63

-5

3,775

180

194

49

3,998

-20

-161

10

3,830

355

70

135

2,113

37

87

5,466

-2,700

42

40

46

2,653

19

0

24

1,564

55

22

664

728

139

17

935

165

753

652

-1,673

669

Excess tax benefit related to share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

793

88

-1

47

778

24

19

11

25

9

5

72

-107

-36

9

286

-212

-379

-4

387

-193

Net cash provided by financing activities

834,362

-199,780

470,148

438,593

128,086

-103,378

115,836

365,217

314,215

-151,081

259,774

125,300

-238,057

-160,700

463,235

206,958

299,060

-304,307

57,579

348,749

12,002

-223,023

12,900

-48,335

42,880

-251,918

156,761

252,938

-50,878

-92,321

32,041

127,412

-17,613

-411,796

242,298

70,533

-125,746

-108,646

-64,475

157,381

-132,627

Net increase (decrease) in cash and cash equivalents

182,391

-176,446

149,017

63,891

-26,499

-7,341

-77,668

139,231

-111,534

-80,330

142,548

35,192

-12,988

-239,543

246,302

-50,972

-74,841

-566,341

710

327,776

12,795

-70,321

198,610

-114,339

5,071

-311,997

115,133

230,789

-162,950

197,892

40,212

-8,211

-155,157

-420,803

350,864

185,009

-59,316

-150,169

362,865

246,166

-465

Supplemental Disclosures of Cash Flow Information:
Income taxes paid

1,029

19,568

12,383

16,627

321

5,893

11,897

-19,014

116

881

15,268

301

-1,259

42,908

7,218

5,006

2,421

12,235

4,834

4,857

3,096

9,113

2,528

1,741

2,993

6,724

1,719

1,999

-5,497

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid to depositors and creditors

28,285

29,743

32,267

24,043

23,707

17,299

18,214

11,677

13,379

8,886

11,157

7,027

9,354

9,744

4,387

9,706

3,563

9,604

3,455

8,614

2,862

8,374

2,787

8,785

3,142

9,884

3,434

10,243

4,038

-

-

-

-

-

-

-

-

-

-

-

-

Stock issued for acquisitions, net of issuance costs

71,883

0

0

98,212

3,284

83,303

0

0

0

0

0

0

534,090

0

0

0

54,896

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash transfers of loans to OREO

121

425

197

322

0

2,001

2,854

235

937

2,485

1,788

1,299

683

279

219

2,733

942

1,548

7,299

3,619

1,038

4,802

3,938

6,777

2,562

2,088

4,375

5,536

5,966

14,245

12,555

8,533

12,295

-

-

-

-

-

-

-

-

Non-cash transfers of loans held-for-investment to loans held-for-sale

3,155

28

4,682

2,132

2,630

2,687

2,827

8,641

905

6,029

11,406

18,428

13,136

16,951

13,321

38,584

25,125

24,228

9,890

18,812

4,200

-

-

-

-

-

-

-

-

1,422

90,792

0

1,500

2,305

4,620

1,595

3,800

-

-

-

-

Non-cash transfers of loans held-for-sale to loans held-for-investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

457

0

0

1,500

-

-

-

-

-

-

-

-

Non-cash transfer of trading securities and securities available-for-sale to equity securities

-

-

-

-

-

0

0

0

27,855

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash recognition of right-of-use asset/liability

0

0

0

0

143,561

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash transfers of OREO to premises, furniture, and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-27,350

14,714

1,044

12,433

-

9,827

21,258

36,761

Non-cash transfer of OREO to premises, furniture, and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,875

6,580

Dividends declared but unpaid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

740