FIRST BANCORP, INC FNLC Cash Flow

First bancorp, inc (FNLC)

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	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities
Net income
6,495	6,686	6,288	6,395	6,156	6,363	5,933	5,734	5,506	5,086	4,982	4,883	4,637	4,320	4,562	4,624	4,503	3,769	4,188	4,074	4,175	3,426	4,108	3,747	3,428	3,502	3,365	3,242	2,856	3,229	3,223	3,323	2,913	3,023	3,005	3,193	3,143	3,077	3,195	3,160	2,684
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation
538	540	500	449	449	445	437	446	464	486	470	451	457	443	443	427	432	444	425	426	425	420	406	392	445	445	444	433	405	322	329	330	333	337	337	340	341	332	336	357	369
Change in deferred taxes
52	104	81	-52	203	106	-189	-239	-163	1,985	0	18	80	98	-28	-98	-111	-2	75	171	88	475	-206	-356	105	-232	189	74	-87	821	-241	-44	-644	1,374	-270	-136	-238	-554	757	0	192
Provision for loan losses
400	375	250	250	375	167	333	500	500	250	750	500	500	475	375	375	375	450	200	400	500	300	350	100	400	700	800	1,200	1,500	1,535	1,400	2,800	2,100	4,950	1,500	2,000	2,100	2,100	1,800	2,100	2,400
Loans originated for resale
11,637	23,544	8,861	655	4,661	19,104	-4,137	5,645	4,835	9,617	12,352	7,001	10,069	16,467	21,255	11,975	4,560	7,802	8,849	9,166	5,489	6,931	6,671	2,825	5,331	7,544	14,108	15,581	19,144	11,468	16,603	10,985	1,550	67,720	-12,914	-4,708	-15,794	-26,357	-17,816	-11,431	-10,122
Proceeds from sales and transfers of loans
11,417	24,486	8,225	1,202	4,305	20,428	-4,682	5,561	5,016	9,849	13,043	7,256	10,024	17,270	22,055	10,911	4,799	7,877	8,806	9,389	5,599	7,514	6,670	2,691	5,462	9,164	13,840	15,043	20,506	10,823	17,169	11,277	1,443	1,764	13,103	4,739	18,150	24,582	20,211	12,157	8,846
Net gain on sales of loans
187	244	216	111	80	190	108	113	79	184	260	141	152	357	475	265	114	224	157	223	110	200	110	82	104	-	240	265	571	-	382	292	77	-	-	-	-	-	-	-	-
Net gain on sale or call of securities
752	-	15	0	0	-	1	0	136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale or call of securities
-	-	-	-	-	-	-	-	-	-	-	-	3	-	137	-5	536	3	1	0	1,395	10	1,105	4	36	0	0	788	299	1	0	1,444	523	3,056	8	229	0	-	-	-	-
Net (gain) loss on sale or call of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2
Net amortization of premiums on investments
-369	-330	-246	-245	-261	-264	-488	-516	-552	-561	-843	-904	-904	-670	-729	-320	-619	-149	-255	-220	-159	-204	-206	-260	-273	-251	-414	-537	-615	-551	-643	-785	-697	-6,491	860	1,134	914	718	384	-103	-100
Net gain on sale of other real estate owned
-	-	-	-	-	0	129	170	13	10	0	73	1	9	86	75	7	-3	-42	-3	43	-60	-18	10	36	36	13	25	-49	36	10	4	-43	20	-60	1	46	91	50	-19	0
Provision for losses on other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	58	323	9	106	93	198	0	484	655	77	68	42	146	8	156
Equity compensation expense
150	197	124	121	123	96	95	95	95	145	81	83	83	83	83	83	49	74	74	74	74	114	112	103	102	53	54	53	54	28	17	16	24	5	6	5	6	9	9	10	9
Tax benefit from vesting of restricted stock
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-32	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in other assets and accrued interest
11,811	-2,053	-863	4,551	6,055	-1,435	1,345	-2,270	1,214	2,140	-661	1,146	2,192	329	-353	524	1,944	-1,031	-70	255	1,301	-2,523	-953	943	1,857	1,703	-3,385	-1,366	1,491	-1,239	-1,348	2,248	-417	-3,331	2,525	-335	-147	817	1,789	-1,347	-1,082
Net increase (decrease) in other liabilities
7,729	766	437	2,034	-435	-520	1,018	-1,664	5,014	-2,081	1,004	326	-1,269	824	225	4	-388	440	887	-38	129	-676	215	913	-74	2,520	-2,050	428	472	153	-765	850	1,393	-1,123	-539	-196	262	852	-608	28	867
Net loss on disposal of premises and equipment
0	0	-53	-332	-1	1	-10	0	-127	115	0	0	-7	0	0	0	0	-	-	-	-	2	0	-2	-3	1	0	-4	0	-	-	-	-	-10	0	0	5	-	-	-	-
Net loss on sale of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of investment in limited partnership
78	77	76	77	77	53	47	43	43	44	45	44	45	48	49	48	49	67	66	67	66	142	143	142	142	130	130	130	130	119	119	119	119	98	97	98	97	75	75	75	75
Net acquisition amortization
11	11	10	11	11	11	10	11	11	11	10	11	11	11	10	11	11	11	11	11	25	81	82	81	82	81	82	81	82	71	109	71	32	71	70	71	32	78	-71	174	70
Net cash provided by operating activities
2,852	11,628	8,055	5,640	730	9,553	6,054	7,345	10,888	4,270	8,823	6,118	3,062	7,118	6,992	3,871	3,209	6,359	6,307	5,174	2,902	7,701	5,448	4,310	3,004	7,293	6,350	6,255	5,086	7,132	6,419	4,752	6,720	6,319	8,367	6,054	8,985	5,862	10,257	5,169	4,362
Cash flows from investing activities
Increase in interest-bearing deposits in other banks
5,263	-	-	-	11,848	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in interest-bearing deposits in other banks
-	-	-	-	-	-	49,429	1,336	-580	-	-3,236	548	2,979	-	7,530	1,196	2,359	-	-24,264	24,229	-3,223	-	501	-2,663	373	-	453	-5,607	4,303	-	681	-1,532	1,532	-	-	-	-	-	-	-	-
Proceeds from sales of securities available for sale
68,620	4,504	3,835	0	0	0	0	0	459	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	3	-	1,351	86	8,868	2	1	0	35,465	0	15,557	0	0	0	0	5,598	4,965	1,000	300	14,194	10,943	65,235	6	75,176	0	0	0	0	202
Decrease in interest-bearing deposits in other banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Proceeds from maturities, payments and calls of securities available for sale
21,890	27,192	25,832	14,179	11,622	11,237	11,629	14,307	14,579	15,002	18,071	20,115	103,781	30,129	23,544	16,692	8,852	11,107	9,609	9,881	5,991	7,416	8,399	6,636	7,775	8,176	11,630	15,954	19,639	17,779	17,973	14,368	11,656	8,547	7,486	9,358	17,365	23,984	42,107	31,417	3,715
Proceeds from maturities, payments, calls and sales of securities to be held to maturity
27,275	6,124	11,429	3,730	2,804	3,923	3,671	3,749	2,751	3,077	4,671	4,266	2,756	5,999	39,024	37,648	6,228	9,321	3,953	13,539	18,875	5,830	6,173	3,106	2,976	3,015	5,039	15,039	13,779	11,461	20,626	15,947	5,924	12,613	5,590	4,367	6,074	13,765	9,767	35,158	25,597
Proceeds from sales of other real estate owned
-	-	-	-	-	446	89	682	133	271	0	292	44	446	368	771	201	673	458	820	1,309	856	506	454	808	-	3,012	1,281	781	-	1,410	399	268	-	-	-	-	-	-	-	-
Purchases of securities available for sale
37,173	43,704	32,907	6,321	15,325	21,302	14,914	17,415	23,262	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,249	1,883	213	779	1,129	630	1,761	202
Purchases of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	117,017	-	68,473	40,162	8,672	20,319	9,962	70,080	11,255	-1	408	-9	510	52	43,434	36,389	23,484	13,437	8,235	17,610	54,096	31,898	21,578	58,601	49,309	89,648	125,473	47,855	53,477
Purchases of securities to be held to maturity
87,255	10,806	7,722	25,001	28,328	2,172	983	5,142	4,862	16,955	3,210	7,532	16,637	44,024	11,490	17,274	2,785	4,000	0	300	5,344	0	0	18,372	16,509	-1	0	41,493	21,235	513	39,129	14,165	20,936	5,659	12,423	17,548	8,794	1,363	0	0	0
Redemption of restricted equity securities
0	0	0	0	2,604	0	0	0	0	-	-	-	-	-	-	-	382	0	0	0	0	-	-	-	-	0	0	0	536	0	0	375	620	-	-	-	-	-	-	-	-
Purchase of restricted equity securities
1,012	-	0	0	0	-	-777	416	1,589	-	-381	-1,052	1,433	-	-	184	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of Federal Home Loan Bank stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Net increase in loans
47,351	34,117	14,283	-15,238	26,473	-4,212	19,176	36,423	24,364	44,539	780	31,207	18,673	43,169	-8,849	33,900	16,630	26,065	912	24,765	22,633	11,451	17,099	23,533	-6,295	17,401	-1,994	3,862	-3,894	6,417	-9,122	13,859	8,481	4,207	-16,076	-3,350	9,043	-27,061	-10,381	-587	-14,366
Capital expenditures
389	613	740	59	161	1,051	216	85	132	1,615	834	58	22	866	1,104	153	8	556	193	102	76	319	1,194	325	71	398	198	1,483	284	1,172	233	108	213	307	858	6	51	855	54	1,027	107
Net cash used by investing activities
-50,132	-46,016	-30,337	1,482	-41,409	34,261	-68,552	-42,079	-35,707	-63,201	12,977	-29,659	-50,177	-89,132	-15,068	-38,054	-5,923	-33,894	17,228	-95,236	25,555	-450	11,433	-28,125	391	-8,087	-22,410	-39,748	-5,712	34,293	1,211	1,073	-55,847	46,673	-3,818	16,309	-42,979	-26,027	-62,642	20,041	-9,502
Cash flows from financing activities
Net decrease in demand, savings, and money market accounts
-26,813	-	-	-	-41,277	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in demand, savings, and money market accounts
-	-	-	-	-	-	136,247	-34,190	-66,433	-	61,440	-27,669	53,097	17,043	83,134	29,431	-35,478	3,149	50,854	49,536	-8,650	-14,228	71,994	28,556	-2,284	-11,726	46,733	9,565	-5,086	-1,422	39,735	6,334	-7,095	-18,652	45,269	-4,132	3,343	-10,295	28,630	-4,869	-13,707
Net increase in certificates of deposit
20,959	28,186	-55,205	4,522	121,067	-28,000	-37,982	22,644	75,746	62,157	-30,650	445	50,429	52,165	-55,094	6,837	101,730	-18,325	-88,812	79,962	-49,344	-16,275	-50,108	-41,090	23,855	-1,341	-36,949	42,256	22,097	-16,133	-100,494	-16,895	81,629	-44,909	-39,213	-47,287	72,428	-2,119	8,801	15,221	30,221
Net increase in short-term borrowings
18,087	0	0	0	0	-54,957	-22,181	123,206	15,491	64,395	-72,914	30,810	-52,434	40,803	-39,997	6,564	-70,926	40,088	44,356	-19,563	-22,340	46,280	-34,884	19,395	0	0	25,797	-4,077	-21,720	-21,844	55,816	8,775	-25,505	10,047	6,280	31,802	-39,789	64,651	8,728	-32,962	-12,865
Advances on long-term borrowings
44,998	-	-	-	0	-	-	-	-	-	-	-	-	0	25,000	0	10,000	0	0	0	55,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment on long-term borrowings
0	-3,538	441	-11,439	39,898	0	10,000	69,980	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment on long-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-25,000	0	-	-	-	-	-	-	-	-	-25,000	-5,000	25,606	-25,606	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10,000	2,500	0	0	0	0	-	-	-	-	-	-	-	-
Payment to repurchase common stock
154	87	2	-2	96	0	2	-1	167	1	5	2	146	0	0	0	129	0	0	0	180	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of common stock
163	165	159	161	168	153	156	153	157	156	147	144	185	140	133	137	121	122	118	115	110	115	118	121	103	101	121	102	11,649	106	103	107	183	143	95	98	95	105	103	103	105
Dividends paid
3,276	3,389	3,268	3,157	3,149	3,699	3,147	2,603	2,603	2,483	2,597	2,598	3,782	2,477	2,482	2,481	2,370	2,369	2,363	2,362	2,255	2,253	2,250	2,251	2,139	2,135	2,080	2,193	2,249	2,078	2,078	2,077	2,077	2,069	2,239	2,222	2,221	2,219	2,216	2,215	2,215
Net cash provided by financing activities
53,964	27,403	26,782	-5,474	36,815	-46,329	63,091	39,231	22,171	55,763	-19,614	26,130	47,349	75,924	10,694	40,488	2,948	22,665	-20,847	92,688	-27,659	-11,361	-20,130	30,337	-6,071	-2,753	17,494	35,653	2,191	-41,371	-6,918	-3,756	47,135	-55,440	-2,308	-21,741	33,856	20,123	44,046	-14,722	1,539
Net increase in cash and cash equivalents
6,684	-6,985	4,500	1,648	-3,864	-2,515	593	4,497	-2,648	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	2,186	2,589	234	-6,090	2,618	6,305	234	-4,870	2,688	2,626	798	-4,110	-3,249	6,522	-2,676	-3,547	1,434	2,160	1,565	54	712	2,069	-1,992	-2,448	2,241	622	-138	-42	-8,339	10,488	-3,601
Interest paid
5,777	6,230	6,840	6,797	6,221	5,755	5,672	4,752	3,925	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	3,253	2,975	-	2,745	2,645	2,487	2,396	2,389	2,554	2,621	2,798	2,898	2,943	2,864	2,986	3,162	3,167	3,201	3,199	3,213	3,250	3,390	3,483	3,824	3,733	3,861	3,968	4,543	4,143	4,170
Income taxes paid
0	604	1,300	2,090	0	1,295	1,321	433	8	1,780	1,480	2,470	0	-	-	-	-	1,320	1,075	1,840	0	1,595	1,595	1,780	180	690	360	950	0	487	1,191	869	0	-	-	-	-	-	-	-	-
Non-cash transactions
Net transfer from loans to other real estate owned
37	0	0	0	0	446	-65	0	229	953	10	21	193	0	97	233	254	367	439	137	380	405	495	472	899	1,464	991	18	633	3,460	1,776	1,567	431	523	1,065	3,439	539	-	-	-	-
Transfer from loans to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,364