Fncb bancorp, inc. (FNCB)
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'11
Cash flows from operating activities:
Net income

2,063

3,488

2,403

2,549

2,635

7,068

1,850

2,412

2,019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

2,197

1,524

2,017

1,625

1,143

29,209

2,337

819

3,475

-31

3,358

6,580

3,513

2,044

1,887

720

1,731

-5,058

-6,521

-967

-1,165

436

-434

189

-526

Adjustments to reconcile net income to net cash provided by operating activities:
Investment securities amortization, net

-120

-133

-184

-217

-212

-217

-209

-210

-188

-175

-188

-298

-270

-285

-302

-294

-284

-250

-271

-439

-463

-403

-331

-327

-295

-247

-295

-152

207

320

478

430

400

362

177

424

330

Equity in trust

3

3

3

4

3

3

3

3

3

2

3

2

2

2

1

2

2

1

2

2

1

2

1

2

1

1

2

2

1

4

1

1

1

1

2

0

1

Depreciation and amortization

744

693

751

741

802

842

785

667

674

532

667

636

681

631

633

688

652

535

382

426

360

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valuation adjustment for loan servicing rights

23

-4

-1

6

1

-

-

-

-

-2

0

0

-4

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

62

59

206

73

67

64

78

65

72

67

67

93

74

70

66

99

30

137

69

69

41

105

28

27

10

61

0

0

0

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

382

-

306

289

329

329

301

345

274

175

413

370

380

Provision (credit) for loan and lease losses

1,151

-33

637

347

-154

-199

1,149

880

720

283

543

421

-478

295

-234

396

696

-1,005

-191

345

-494

-240

-54

-4,005

-1,570

-3,885

-1,159

-2

-1,224

689

3,792

-280

-136

-1,524

-462

765

1,744

Valuation adjustment for off-balance sheet commitments

2

203

167

57

21

-16

-56

-45

-10

110

5

9

9

13

-15

2

-51

-90

29

-35

-21

107

3

-91

-113

-14

-56

-55

-121

24

147

252

-65

-171

-61

43

-234

Net gain on the sale of available-for-sale debt securities

149

525

379

163

160

-

-

-

-

259

367

693

278

0

0

857

103

-6

4

74

2,224

634

2,958

1,480

1,200

329

817

899

842

-1,808

88

0

8

-

-

-

-

Net gain on equity securities

14

-2

5

14

12

7

-8

-7

-19

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on the sale of held-to-maturity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

368

-

0

0

0

-

-

-

-

-

-

-

-

Net gain on the sale of mortgage loans held for sale

96

55

69

73

56

39

71

51

49

63

106

110

25

102

99

71

68

223

13

16

40

69

57

91

75

121

55

76

110

120

249

247

243

315

142

123

175

Net gain on the sale of SBA guaranteed loans

-

-

-

-

-

0

0

71

251

0

23

56

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on the sale of other real estate owned

-

-

-

-

-

0

0

-7

38

22

0

6

51

20

32

2

-5

17

129

11

5

106

35

39

29

41

5

76

13

45

106

145

9

-8

-31

23

2,544

Valuation adjustment of other real estate owned

-

-

-

-

-

13

72

0

17

0

67

240

0

-

-

-

-

0

78

118

12

1

429

1,717

53

-34

152

105

0

-

-

-

-

-

-

-

-

Net gain on the sale of other repossessed assets

-

-

-

-

-

-

-

-

-

0

0

-10

57

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on the sale of education loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

13

-

-

-

-

-

-

-

-

-

-

-

-

Loss on the sale of education loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Gain on the sale of bank premises and equipment and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

Gain on branch divestitures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

607

-

0

0

0

-

-

-

-

-

-

-

-

Loss on the disposition of bank premises and equipment

-

-

-

-

-

-

-

-

-

1

0

22

41

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recovery of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26

-

868

108

158

Income from bank-owned life insurance

129

126

134

129

131

142

141

138

134

128

129

135

135

126

137

143

146

149

145

135

135

154

165

164

167

175

176

183

172

169

170

168

185

192

200

199

196

Proceeds from the sale of mortgage loans held for sale

2,982

2,629

3,038

2,375

1,858

1,915

2,872

2,154

2,878

2,521

3,814

4,556

1,846

4,225

2,143

1,683

1,766

6,228

423

474

1,085

1,749

1,729

2,553

2,524

3,706

2,514

2,182

4,542

3,077

6,823

8,378

8,739

9,079

3,982

3,612

11,900

Funds used to originate mortgage loans held for sale

2,295

2,494

3,690

2,112

1,591

1,758

3,110

2,366

2,100

3,406

3,238

4,500

1,788

4,534

1,667

1,719

1,470

6,646

314

596

442

2,112

1,419

2,817

1,698

3,521

2,412

2,190

3,664

4,000

7,138

6,353

10,188

44,104

-30,926

4,045

9,415

Decrease in net deferred tax assets

-452

-814

-513

-514

-555

-4,519

-382

-510

-424

-8,530

-791

-910

-806

-2

-724

-661

-226

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accrued interest receivable

153

196

-602

-66

92

-447

407

224

196

31

419

-166

193

21

225

-343

379

-143

444

56

43

-83

-114

-318

399

-129

-117

-181

419

-678

1,312

-1,096

109

37

-285

-288

-31

Decrease in refundable federal income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-833

34

0

2

Decrease (increase) in prepaid expenses and other assets

-87

-399

-45

-706

3,257

3,658

-40

-723

-548

-1,595

2,088

-405

50

-434

800

-412

-450

-88

-627

-526

324

-233

405

-794

453

209

-44

-266

-4,108

6,376

-1,493

-603

240

2,720

-2,502

-1,927

-2,461

Increase in accrued interest payable

3

-143

12

50

1

20

-13

47

43

-3

9

10

-17

-52

-17

-22

-10,832

-22

-157

556

526

-253

562

653

568

498

648

585

574

566

1,316

-347

591

525

344

387

282

(Decrease) increase in accrued expenses and other liabilities

-548

137

-142

-952

603

3,016

335

-565

53

573

-151

-453

-948

386

-181

120

-883

-1,974

-124

181

-2,278

2,027

-733

-4,422

4,822

3,275

-606

118

-1,074

2,150

-2,631

413

80

723

-532

280

98

Total adjustments

2,239

1,592

1,625

1,696

-1,336

5,515

2,143

-712

2,855

10,471

-373

1,821

-299

1,488

441

2,020

-9,825

-30,424

356

2,209

-3,520

1,420

-1,932

-6,383

1,987

-419

10,344

421

1,706

-1,076

2,451

3,218

-1,926

-

-

-

-

Net cash provided by operating activities

4,302

5,080

4,028

4,245

1,299

12,583

3,993

1,700

4,874

4,357

1,899

3,613

1,898

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,645

-8,682

-

2,693

3,028

-45

1,389

1,426

197

5,500

1,625

12,231

1,141

3,437

-6,134

-4,070

2,251

-3,091

-2,968

1,449

1,183

3,630

Maturities, calls and principal payments of available-for-sale debt securities

3,865

4,597

3,258

1,966

1,230

2,001

1,515

1,826

1,334

3,240

1,405

3,232

1,018

1,292

1,994

1,333

1,645

1,289

1,817

3,273

2,236

2,366

2,424

2,039

1,502

2,510

3,627

4,878

3,581

6,309

7,480

11,020

8,361

7,307

7,273

8,255

6,614

Proceeds from the sale of available-for-sale debt securities

7,975

25,888

40,993

36,222

25,130

-

-

-

-

1,268

54,486

53,315

23,171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale debt securities

37,424

-

-

-

-

3,976

1,943

984

15,353

21,162

55,487

43,135

34,902

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

26,396

6,192

9,893

5,305

37,512

35,948

32,661

40,013

27,507

11,062

2,721

10,889

23,056

17,121

-

-

-

-

-

-

-

-

Proceeds from the sale of securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,686

-

0

0

0

-

-

-

-

-

-

-

-

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

22,448

4,819

22,873

10,162

20,227

26,617

66,623

19,802

34,852

51,399

0

37,129

25,435

0

20,044

53,953

41,921

1,547

-39

19,850

-

-

-

-

(Purchase) redemption of the stock in Federal Home Loan Bank of Pittsburgh

420

-390

-424

1,498

-3

-210

-4,631

2,261

2,940

303

168

-396

-633

570

-2,478

1,287

-2,412

2,046

1,614

-377

258

-1,553

17

1,797

396

-404

-991

-1,540

-876

-

-

-

-

-

-

-

-

Net increase in loans to customers

6,966

-7,766

23,098

-23,402

333

-24,446

10,128

49,236

43,006

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of education loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Redemption of the stock of the Federal Home Loan Bank of Pittsburgh

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

726

399

420

442

465

490

515

Net increase in loans to customers

-

-

-

-

-

-

-

-

-

-

30,113

15,855

-15,900

5,279

-1,760

6,338

-4,201

9,690

44,488

12,404

2,083

-7,774

7,329

13,160

12,606

-9,489

13,952

26,077

16,950

-24,562

13,014

-64,778

8,583

-4,923

-41,718

-28,283

1,384

Proceeds from the sale of SBA guaranteed loans

-

-

-

-

-

0

0

826

5,206

0

345

634

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of education loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,537

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of other real estate owned

204

-

-

-

-

0

0

5

465

50

12

15

793

25

273

38

1,592

61

145

515

37

469

155

315

798

179

141

1,262

86

937

387

1,230

1,106

336

443

588

5,513

Purchases of bank premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

317

212

54

-

-

-

-

-

-

-

-

Proceeds from the sale of bank premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,504

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds received from sale of bank premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

24

8

Proceeds from the sale of other repossessed assets

-

-

-

-

-

-

-

-

-

0

0

95

185

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of bank premises and equipment

337

661

1,715

1,270

894

1,197

355

1,623

2,840

241

131

191

530

485

146

205

25

244

501

156

518

235

295

307

380

-

-

-

-

-

264

467

712

-

119

344

173

Net cash (used in) provided by investing activities

-33,103

-12,128

9,348

14,705

25,136

21,484

-6,280

-46,888

-57,134

-28,599

-29,651

-1,494

6,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,936

5,855

-

-65,955

-37,504

15,560

9,737

-16,448

14,597

-29,422

-5,253

1,379

-15,597

-49,293

38,441

-6,232

76,909

-19,258

26,491

79,168

53,399

11,093

Net decrease in deposits

-147

37,649

2,996

-79,026

-55,539

508

139,878

-10

-47,195

19,236

50,462

9,324

-91,713

84,180

95,126

-47,292

61,579

-30,496

-13,326

90,257

-20,225

-7,860

32,958

-64,969

-49,065

30,888

24,111

5,953

-30,867

-1,821

19,735

-53,539

-66,898

-49,680

43,726

-4,917

-14,429

Net proceeds from Federal Home Loan Bank of Pittsburgh advances - overnight

21,025

-800

-21,450

21,350

8,400

-

-

13,265

59,325

-

-

-2,830

4,900

0

-74,280

70,730

-56,950

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in time deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,394

-23,330

-7,058

Proceeds from Federal Home Loan Bank of Pittsburgh advances - term

10,000

7,287

15,521

38,714

8,478

0

0

46,298

27,631

25,131

11,783

8,649

14,241

9,162

12,446

15,945

9,362

8,353

77,382

59,053

6,512

0

104,300

72,435

17,500

-

-

-

0

0

-15,737

10,424

5,313

0

-37,947

21,143

76,804

Repayment of Federal Home Loan Bank of Pittsburgh advances - term

-

39,036

1,836

1,829

6,820

34,160

55,171

6,797

10,439

25,513

9,266

17,548

21,046

9,462

100

40,415

13,703

6,609

61,595

68,894

94

7,592

112,892

29,591

10,089

10,090

7,338

87

6,205

14,028

-12,357

19,009

8,988

3,650

-24,030

61,386

72,620

Proceeds from Federal Reserve Bank Discount Window advances

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal reduction on subordinated debentures

-

0

0

0

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of other borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-188

8

-7

-220

Proceeds from issuance of common shares, net of discount

15

11

8

7

21,316

10

16

32

59

-5

-5

224

232

181

139

113

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

19

Discount on optional cash purchase plan

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

1,110

1,009

1,008

1,007

1,006

841

673

672

671

671

502

503

500

499

331

332

330

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

39,783

4,102

-5,769

-21,791

-30,171

-27,883

11,460

52,116

28,710

18,178

45,402

-2,684

-93,886

79,562

33,000

-1,251

-42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

10,982

-2,946

7,607

-2,841

-3,736

6,184

9,173

6,928

-23,550

-6,064

17,650

-565

-85,720

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,961

69,416

-13,807

-15,452

24,366

-22,125

-41,654

20,798

39,023

15,866

-37,072

-15,849

16,355

-62,124

-70,573

-28,522

35,211

-68,489

-17,504

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-542

-2,869

-

-41,301

34,940

1,708

-4,326

9,344

-7,331

-65,576

17,170

52,633

1,410

-82,928

16,458

6,053

17,036

-92,922

-4,999

115,828

-13,907

-2,781

Supplemental cash flow information
Interest

1,963

2,313

2,444

2,457

2,662

2,561

2,451

1,950

1,519

1,324

1,271

1,133

1,073

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

1,108

1,102

1,072

11,838

1,013

1,174

822

889

1,776

939

897

1,005

1,191

1,164

1,233

1,283

1,530

1,633

1,947

1,982

2,281

2,715

4,969

2,364

Income taxes

-

-

-

-

-

0

5

0

18

5

83

122

0

10

0

0

0

-

-

-

-

70

123

90

25

-10

-11,582

0

0

0

-25

0

25

-

-

-

-

Other transactions:
Lease liabilities arising from obtaining right-of-use assets

15

14

63

3

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available-for-sale securities purchased, not settled

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,013

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

Investor loans transferred to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,548

0

0

149

0

0

13

0

-

-

-

-

-

-

-

-

-

983

252

2,104

Transfer from loans to other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

790

Settlement of security recorded on trade date

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,120

-

-

-

-

Principal balance of loans transferred to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

879

267

239

-

-

-

-

Transfer of loans held for sale to loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

95

-

-

-

-

Transfer from loans held for sale to other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-117

947

Change in deferred gain on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

0

1

-13

-3

-4

12

40

-28

11

-9

-1

15

10

2

55

0

0

0

-

-

-

-

-

-

-

-