Farmers national banc corp /oh/ (FMNB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

35,760

32,569

22,711

20,557

8,055

8,965

7,780

9,932

9,218

8,991

5,842

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

-

-

-

3,870

3,510

1,880

1,290

-

-

-

-

Provision for loan losses

2,450

3,000

3,350

-

-

-

-

725

3,650

8,078

6,050

Depreciation and amortization

2,839

2,991

3,139

3,667

2,751

1,981

1,945

1,738

1,647

1,711

1,530

Net amortization of securities

2,323

2,798

1,823

2,216

2,275

1,472

2,646

-

-

-

-

Available for sale security (gain) loss

-11

283

4

73

-

-

-

-

-

-

-

Realized (gains) losses on equity securities

53

-12

0

-

-

-

-

-

-

-

-

Loss on premises and equipment sales and disposals, net

-26

0

-53

-

-

-

-

-

-

-

-

Realized and unrealized (gains) loss on equity securities

-

-

-

0

-

-

-

-

-

-

-

Loss on land and building sales, net

-

-

-

238

0

0

-

-

-

-

-

Net amortization of securities

-

-

-

-

-

-

-

2,711

1,469

-1,152

-539

Security gains, including fair value changes for equity securities

-

-

-

-

94

457

863

1,059

1,804

2,680

1,017

Stock compensation expense

1,385

1,675

2,361

892

486

116

0

-

-

-

-

Impairment of equity securities

-

-

-

-

-

-

3

0

11

0

74

Loss on adjustment of other real estate owned

-45

16

-20

-277

-286

-53

-75

61

-175

-92

-47

Earnings on bank owned life insurance

818

881

831

814

702

459

478

526

-

-

-

Loss on fixed asset disposal

-12

0

0

-

-

-

-

-

-

-

-

Earnings on bank owned life insurance

-

-

-

-

-

-

-

-

548

483

531

Income recognized from death benefit on bank owned life insurance

-

-

-

-

-

-

218

0

46

510

-90

Origination of loans held for sale

75,568

79,007

56,810

64,599

46,201

15,911

25,085

35,237

5,969

0

0

Proceeds from loans held for sale

78,591

80,771

59,959

68,856

46,455

15,916

29,056

32,888

5,392

0

0

Net gains on sale of loans

4,386

2,729

3,066

2,843

1,101

358

505

598

-

-

-

Net gains on sale of loans

-

-

-

-

-

-

-

-

113

0

-

Net gain on sale of loans

-

-

-

-

-

-

-

-

-

-

0

Net change in other assets and liabilities

3,856

911

2,139

7,273

9,397

946

1,394

-457

-912

-1,587

7,233

NET CASH FROM OPERATING ACTIVITIES

-

-

-

-

6,323

12,252

14,252

10,970

-

-

-

NET CASH FROM OPERATING ACTIVITIES

38,761

39,989

30,566

24,495

-

-

-

-

13,994

17,938

5,211

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from maturities and repayments of securities available for sale

35,583

37,012

43,104

59,904

63,243

49,401

75,015

84,490

43,122

64,663

66,715

Proceeds from sales of securities available for sale

33,424

16,162

54,497

11,493

-

-

-

-

-

-

-

Purchases of securities available for sale

83,049

69,241

114,600

52,628

-

-

-

-

-

-

-

Proceeds from sale of equity securities

1,302

79

0

0

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

-

-

-

-

102,257

57,170

94,016

91,197

50,952

69,383

26,185

Purchases of securities available for sale

-

-

-

-

72,683

64,400

149,886

237,393

171,517

138,215

126,524

Purchase of equity securities

1,939

1,642

0

0

-

-

-

-

-

-

-

Proceeds from redemption of restricted stock

8

0

0

-

-

-

-

-

-

-

-

Purchase of restricted stock

0

1,246

842

200

0

-

-

-

-

-

-

Proceeds from sale of Federal Home Loan Bank Stock

-

-

-

-

-

-

-

-

-

-

1,414

Purchase of Federal Reserve Bank Stock

-

-

-

-

-

-

-

-

247

0

0

Loan originations and payments, net

77,554

160,204

132,597

133,248

139,656

35,352

45,529

19,278

-14,836

-12,096

62,218

Proceeds from sale of other real estate owned

236

209

643

665

553

337

282

1,888

360

541

269

Improvements to other real estate owned

-

-

-

-

-

-

-

-

-

30

0

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

3,000

0

-

Proceeds from BOLI death benefits

49

0

0

-

-

-

329

0

108

-

-

Purchase of bank owned life insurance

0

0

3,000

0

6,000

0

0

-

-

-

-

Proceeds from land and building sales

252

0

439

479

723

0

-

-

-

-

-

Proceeds from sale of land and building

-

-

-

-

-

-

118

-

-

-

-

Proceeds from sale of land

-

-

-

-

-

-

-

0

0

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

0

Proceeds from BOLI death benefit

-

-

-

-

-

-

-

-

-

902

204

Additions to premises and equipment

1,458

450

956

788

1,299

972

215

3,198

3,585

783

990

Net cash paid in business combinations

0

0

-16,203

1,073

-29,749

0

2,111

0

0

-

10,511

NET CASH FROM INVESTING ACTIVITIES

-

-

-

-

-23,113

6,184

-27,981

-82,294

-

-

-

NET CASH FROM INVESTING ACTIVITIES

-93,146

-179,321

-137,109

-115,396

-

-

-

-

-68,971

8,557

-105,456

CASH FLOWS FROM FINANCING ACTIVITIES
Net change in deposits

209,244

195,001

45,377

115,709

-44,659

487

-3,793

78,884

79,075

-16,502

129,542

Net change in short-term borrowings

-167,709

-44,806

91,105

-27,372

91,159

-22,481

1,731

-18,202

-7,546

-20,278

20,477

Repayment of long-term borrowings

935

1,010

8,091

-

-

-

-

-

-

-

-

Proceeds from long term borrowings

40,000

0

0

-

-

-

-

-

-

-

-

Repayment of long-term borrowings

-

-

-

-7,178

-3,228

-1,441

-601

-

-

-

-

New advances for long term borrowing

-

-

-

-

5,000

10,000

10,000

0

-

-

-

Repayment of long-term borrowings

-

-

-

-

-

-

-

840

13,470

2,436

19,295

New Federal Home Loan Bank advance borrowings

-

-

-

-

-

-

-

-

0

-

-

Cash dividends paid

10,539

8,316

6,012

4,326

2,683

2,236

2,248

3,382

2,241

1,626

4,801

Proceeds from dividend reinvestment

-

-

-

-

-

-

-

243

504

492

1,433

Proceeds from reissuance of treasury shares

-

-

-

-

-

32

0

0

-

-

-

Net proceeds from issuance of common shares

-

-

-

-

-

-

-

-

13,772

0

0

Repurchase of common shares

2,842

1,225

0

168

213

2,882

1,606

42

0

0

-

NET CASH FROM FINANCING ACTIVITIES

-

-

-

-

45,376

-18,521

3,483

56,661

-

-

-

NET CASH FROM FINANCING ACTIVITIES

67,219

139,644

122,379

76,665

-

-

-

-

70,094

-40,350

127,356

NET CHANGE IN CASH AND CASH EQUIVALENTS

12,834

312

15,836

-

-

-

-

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

-

-

-

-14,236

28,586

-85

-10,246

-14,663

15,117

-13,855

27,111

Supplemental cash flow information:
Interest paid

19,529

12,906

6,754

4,316

-

-

-

-

-

-

-

Interest paid

-

-

-

-

4,047

4,623

5,095

6,318

7,955

11,450

16,713

Income taxes paid

6,450

7,300

8,800

9,410

2,620

1,925

1,130

2,065

3,895

1,990

2,215

Supplemental noncash disclosures:
Transfer of loans to other real estate

300

22

279

482

888

368

193

1,576

588

761

-

Security purchases not settled

812

1,642

0

927

1,338

0

0

4,758

0

0

-

Issuance of stock awards

1,203

2,415

139

0

-

-

-

-

-

-

-

Issuance of stock for business combinations

0

0

6,358

1,138

69,780

0

1,400

-

-

-

-

Contingent consideration for business combination

0

180

85

880

0

0

920

0

0

-

-

Issuance of stock for NBOH acquisition

-

-

-

-

-

-

-

0

0

-

-

Transfer of loans to other real estate

-

-

-

-

-

-

-

-

-

-

625

Fair value of assets acquired

-

-

-

-

-

-

-

-

-

-

12,394

Purchase price

-

-

-

-

-

-

-

-

-

-

12,125

Liabilities assumed

-

-

-

-

-

-

-

-

-

-

269