First Northwest Bancorp FNWB Cash Flow

First northwest bancorp (FNWB)

CashFlow / TTM

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
CASH FLOWS FROM OPERATING ACTIVITIES
Net income
7,680	9,014	8,926	8,342	7,789	7,105	4,861	4,708	4,297	4,938	6,240	5,118	5,157	3,890	3,415	3,992	3,596	-4,880	-4,711	-5,090	0	0	0
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization
1,344	1,339	1,332	1,330	1,326	1,325	1,282	1,241	1,201	1,191	1,225	1,239	1,251	1,225	1,179	1,121	1,061	1,004	971	973	0	0	0
Amortization and accretion of premiums and discounts on investments, net
-1,810	-1,791	-1,765	-1,780	-1,787	-1,825	-1,900	-1,846	-1,459	-1,211	-1,093	-1,067	-1,234	-1,408	-1,440	-1,441	-1,583	-1,439	-1,376	-1,307	0	0	0
(Accretion) amortization of deferred loan fees, net
1,870	1,267	628	-783	-435	-219	35	183	331	293	175	29	-213	-218	-98	-1	-22	-106	-41	-80	0	0	0
Amortization of mortgage servicing rights, net
267	251	257	283	275	256	240	151	177	178	178	234	215	222	236	259	266	261	271	276	0	0	0
Additions to mortgage servicing rights, net
-109	-75	-109	-137	-172	-208	-202	-266	-235	-237	64	84	1	63	-188	-70	-294	-137	-163	-197	0	0	0
Net increase (decrease) on the valuation allowance on mortgage servicing rights
0	-3	0	0	0	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Loan and Lease Losses
1,600	669	692	1,059	1,199	1,174	1,102	905	795	700	910	1,260	1,208	993	583	233	0	0	0	-	-	-	-
Gain on sale of real estate owned and repossessed assets
-	-	-	-	-	-	-	-	-	-	36	40	0	0	116	-	494	493	614	201	0	0	0
Allocation of ESOP shares
864	868	836	834	838	851	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred federal income taxes
-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	0	0	0
Allocation of ESOP shares
-	-	-	-	-	-	-	-	-	-	778	763	0	0	0	-	0	0	0	-	-	-	0
Share-based compensation
0	-	0	0	0	-	1,056	1,121	1,112	1,056	1,042	977	727	510	256	0	0	0	0	-	-	-	-
Gain (Loss) on Sales of Loans, Net
1,373	1,077	951	435	497	577	578	816	710	827	865	757	859	595	461	234	300	478	493	548	0	0	0
Gain on sale of securities available for sale, net
1,441	836	57	-1	-72	50	143	337	351	229	136	0	0	0	0	-	-	-	-	-	-	-	-
Real estate owned and repossessed assets market value adjustments
-	-	-	-	-	-	-	-	-	-	0	-	0	0	126	-	136	181	205	212	0	0	0
Life Insurance, Corporate or Bank Owned, Change in Value
893	708	582	585	589	595	601	609	619	648	688	700	596	455	245	114	98	101	101	102	0	0	0
Bank Owned Life Insurance Income
-	-	-	-	-	-	-	-	-	768	0	0	0	-	-	-	-	-	-	-	-	-	-
Origination of loans held for sale
49,687	34,080	31,148	20,900	20,932	22,152	21,182	22,661	27,334	28,185	28,246	32,736	28,011	21,967	17,535	8,570	9,974	18,073	19,150	22,037	0	0	0
Proceeds from loans held for sale
47,498	34,654	30,235	20,381	20,460	23,517	21,569	21,915	28,682	28,701	29,258	34,410	28,232	22,085	17,917	7,997	10,616	18,551	19,939	23,088	0	0	0
Change in assets and liabilities:
Increase in accrued interest receivable
10	-117	-188	195	473	303	416	879	561	730	621	218	222	147	213	256	269	650	517	274	0	0	0
Increase in prepaid expenses and other assets
574	4,108	3,220	3,524	3,514	65	421	-294	704	723	1,289	1,294	986	1,097	-1,673	750	534	-2,183	672	-750	0	0	0
Decrease in accrued interest payable
-85	-148	-98	15	69	196	143	166	15	121	33	19	-14	-6	-59	-76	-52	-54	-8	3	0	0	0
Increase in accrued expenses and other liabilities
205	6,321	4,309	5,732	4,848	142	2,929	1,918	3,814	2,372	2,101	-7,756	-750	-881	-1,114	7,951	-1,111	-1,012	-1,172	1,372	0	0	0
Net cash from operating activities
6,622	14,097	12,464	15,486	13,605	13,337	13,480	11,172	12,835	10,431	10,479	1,134	6,245	4,783	5,850	10,582	4,434	-3,515	-5,653	-1,173	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of securities available for sale
124,848	58,476	9,456	25,365	50,111	63,046	86,245	150,193	131,187	154,021	130,822	41,509	55,018	19,249	93,433	123,194	123,055	227,038	178,797	149,036	0	0	0
Proceeds from maturities, calls, and principal repayments of securities available for sale
40,033	30,157	26,875	24,959	22,478	25,447	38,763	41,815	58,234	64,709	66,244	76,459	74,631	67,452	56,356	47,481	37,083	34,798	31,972	27,147	0	0	0
Proceeds from sales of securities available for sale
56,618	16,545	3,558	5,537	23,824	56,683	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	17,239	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from maturities, calls, and principal repayments of securities held to maturity
5,322	5,756	6,114	6,259	4,487	6,368	6,829	7,155	4,784	3,361	3,571	3,884	4,089	4,316	4,712	5,178	5,683	6,050	5,972	6,251	0	0	0
(Purchase) redemption of FHLB stock
654	-893	-1,395	252	538	-96	597	2,153	1,648	3,224	0	0	0	-	0	-	-	-	-	-	-	-	-
(Purchase) redemption of FHLB stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,646	5,150	5,240	0	0	0
Purchase of bank-owned life insurance
-	-	-	-	-	-	-	-	-	0	0	10,000	10,000	10,000	10,000	0	0	0	0	-	-	-	-
Proceeds from sale of real estate owned and repossessed assets
-	-	-	-	-	-	83	143	144	277	221	207	495	352	868	3,591	3,549	3,941	4,041	1,470	0	0	0
Net increase in loans receivable
16,497	14,399	2,023	54,358	85,967	86,134	113,679	95,423	93,265	89,276	63,707	108,395	133,644	164,872	167,862	133,543	82,725	35,474	11,724	-5,633	0	0	0
Purchase of premises and equipment, net
620	426	315	1,260	1,920	2,841	3,529	2,794	2,037	1,246	848	956	1,131	1,346	1,996	2,060	2,592	2,493	1,518	1,266	0	0	0
Net cash from investing activities
-40,646	-19,950	26,421	-44,526	-85,076	-60,725	-95,679	-123,494	-111,566	-158,870	-109,655	-80,275	-86,046	-87,747	-101,669	-93,078	-82,528	-155,604	-159,801	-119,458	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits
111,150	61,385	39,095	39,939	72,133	55,228	80,672	69,566	72,907	90,960	74,588	100,473	97,975	108,979	109,402	76,123	65,076	-55,731	61,780	46,765	0	0	0
Net increase (decrease) in advances from the FHLB
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from FHLB advances
-	-	-	-	-	-	-	-	-	453,037	375,316	290,645	310,559	265,725	207,997	160,223	65,382	17,753	50	17,150	0	0	0
Repayment of FHLB advances
-	-	-	-	-	-	-	-	-	374,820	338,749	293,890	308,766	274,996	222,831	169,475	70,546	32,523	50	32,250	0	0	0
Repayment of notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net (decrease) increase in advances from borrowers for taxes and insurance
-1,711	55	28	258	24	-138	-116	-150	186	21	256	103	158	180	178	108	346	217	152	-106	0	0	0
Dividends paid
1,616	1,414	1,321	994	666	335	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net share settlement of stock awards
-	-	-	-	-	-	-	-	-	282	282	0	-1,253	-1,253	-390	0	-9,878	1,253	390	0	0	0	0
Repurchase of common stock
8,834	7,830	9,071	8,997	9,444	10,003	7,608	7,064	8,515	6,326	16,748	16,549	17,399	17,935	6,834	5,501	0	0	0	-	-	-	-
Net cash from financing activities
113,531	28,269	-7,738	34,978	73,978	36,910	82,524	110,914	100,692	162,590	94,381	80,782	82,527	81,953	87,049	60,116	56,489	43,496	176,575	146,701	0	0	0
NET INCREASE IN CASH AND CASH EQUIVALENTS
79,507	22,416	31,147	5,938	2,507	-10,478	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	-	-	14,151	-4,795	1,641	2,726	-1,011	-8,770	-22,380	-21,605	-115,623	11,121	26,070	0	0	0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the year for:
Interest on deposits and borrowings
11,191	11,596	11,675	11,021	9,984	8,817	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on deposits and borrowings
-	-	-	-	-	-	-	-	-	-	5,517	5,140	4,965	0	4,791	-	4,822	4,831	4,720	4,589	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-	1,506	1,056	2,506	2,680	2,470	2,686	2,086	1,672	1,357	1,030	330	0	0	0
NONCASH INVESTING ACTIVITIES
Unrealized (loss) gain on securities available for sale
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on securities available for sale
-	-	-	-	-	-	-	-	-	-105	-3,595	-3,523	-2,972	480	484	1,740	-1,309	-4,791	-55	-877	0	0	0
Loans transferred to real estate owned and repossessed assets, net of deferred loan fees and allowance for loan losses
734	412	117	58	40	0	199	147	204	179	140	222	373	452	446	1,352	1,501	1,693	3,545	2,585	0	0	0