Fs bancorp, inc. (FSBW)
CashFlow / TTM
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 (USED BY) FROM OPERATING ACTIVITIES
Net income

22,692

22,717

28,516

25,423

25,217

24,347

16,309

15,712

15,814

14,085

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,508

8,467

8,876

8,392

7,543

5,735

4,540

3,544

3,460

3,560

3,920

4,455

6,718

6,253

5,295

4,535

1,435

1,258

1,545

0

0

0

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

5,816

2,880

2,523

2,400

1,940

1,540

1,550

1,550

1,100

750

1,050

1,200

1,800

2,400

2,250

2,250

2,250

2,250

2,250

2,100

1,950

1,800

1,800

1,870

2,020

2,170

2,938

3,048

2,998

2,913

2,412

2,404

2,419

2,369

0

0

0

Depreciation, amortization and accretion

11,860

12,003

9,997

6,926

6,445

5,263

5,896

5,064

3,829

3,938

4,008

4,318

5,724

5,210

4,611

3,879

2,696

2,430

1,774

2,011

2,651

2,731

3,491

3,386

2,274

2,222

1,570

729

1,064

972

0

0

0

-

-

-

-

Compensation expense related to stock options and restricted stock awards

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Compensation expense related to stock options and restricted stock awards

-

-

-

-

-

-

-

-

578

634

691

748

781

783

774

766

757

746

746

746

665

483

297

110

-95

0

285

285

380

285

0

0

0

-

-

-

-

ESOP compensation expense for allocated shares

1,510

1,506

980

1,104

1,171

1,209

1,710

1,622

1,546

1,424

1,217

1,060

909

832

773

719

689

652

519

486

459

446

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Provision for deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,759

2,034

1,924

2,287

1,767

1,515

1,082

425

449

435

536

0

0

0

Valuation allowance on deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,317

0

0

0

-

-

-

-

Increase in cash surrender value of BOLI

873

872

806

675

546

413

324

304

287

274

279

283

282

282

281

260

238

216

194

190

189

187

470

461

414

369

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of loans held for sale

17,628

14,126

12,813

12,060

13,155

14,654

15,922

17,239

17,028

17,487

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of portfolio loans

-

-

-

-

-

207

690

580

580

498

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valuation allowance on deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

Gain on sale of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of investment securities

-

-

-

-

-

171

113

256

493

380

0

0

0

-

-

-

-

76

76

25

35

-41

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

511

321

165

0

0

0

-

-

-

-

Gain on sale of portfolio loans

-

-

-

-

-

207

690

580

580

498

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of portfolio loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Origination of loans held for sale

938,529

804,619

713,904

628,213

597,310

619,632

663,636

700,619

721,873

698,504

655,149

675,551

706,768

718,864

707,854

629,402

586,132

571,745

543,699

471,318

366,129

277,999

231,177

213,293

223,341

242,036

253,221

236,033

183,028

138,999

0

0

0

-

-

-

-

Proceeds from sale of loans held for sale

881,297

795,184

695,511

624,608

611,351

631,309

684,011

716,211

724,060

711,766

0

0

0

-

-

-

-

-

-

-

-

-

-

-

235,677

244,007

258,652

235,054

167,870

132,516

0

0

0

-

-

-

-

Impairment of servicing rights

583

92

0

0

0

-

0

0

0

-

0

-216

-1

-3

-2

214

0

0

1

-17

-19

-18

-26

-10

13

-109

-95

15

-9

112

0

0

0

-

-

-

-

Loss (gain) on sale of OREO

51

138

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

0

0

0

0

-

0

0

0

-

-

0

0

-

0

0

0

-

-

-

-

Impairment loss on OREO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42

213

363

480

518

501

448

546

847

0

0

0

-

-

-

-

Changes in operating assets and liabilities
Loss on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Impairment loss on other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

Origination of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Accrued interest receivable

514

147

1,265

1,706

2,100

2,156

1,202

1,131

917

1,042

660

483

402

417

500

648

541

549

532

406

383

297

192

74

102

38

50

151

193

203

422

222

256

106

0

0

0

Other assets

-8,422

4,589

3,081

5,217

5,936

-2,862

-1,196

-1,411

-1,855

-1,256

-76

1,196

1,821

7,326

7,321

5,559

4,904

565

956

1,379

1,088

475

329

-987

59

-80

100

2,195

524

49

528

-674

-165

398

0

0

0

Other liabilities

-3,946

-2,443

-559

-2,686

377

-2,052

3,842

4,561

-3,660

1,196

678

898

4,589

3,073

3,517

4,331

2,382

1,545

3,674

2,701

4,680

2,820

2,206

763

-189

3

461

1,726

1,739

1,636

0

0

0

-

-

-

-

Changes in other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

0

Net cash (used by) from operating activities

-27,670

9,177

-596

4,110

21,528

21,437

32,434

25,740

2,163

15,084

27,942

20,362

43,301

3,588

-13,120

-11,696

-19,815

-7,063

-19,995

-14,261

-11,976

-4,027

-2,404

4,306

15,979

6,099

9,399

2,250

-10,116

-759

-4,324

720

3,065

4,731

0

0

0

CASH FLOWS (USED BY) FROM INVESTING ACTIVITIES
Activity in securities available-for-sale:
Proceeds from sale of investment securities

-

-

-

-

-

24,312

5,305

14,420

44,408

39,103

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

4,178

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

Maturities, prepayments, and calls

31,636

24,293

21,439

14,271

12,562

10,243

7,991

8,242

7,901

7,580

11,585

11,949

14,458

14,093

10,842

9,447

6,642

6,377

5,447

5,699

9,950

10,936

11,317

11,513

6,756

5,225

4,418

6,307

9,433

12,019

12,844

9,511

5,661

2,737

0

0

0

Purchases

95,513

61,282

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases

-

-

-

-

-

-

-

-

38,012

47,271

49,699

38,472

56,753

55,811

51,105

55,927

39,516

17,402

13,729

10,927

9,007

22,693

33,780

36,900

42,249

29,310

27,631

45,447

27,733

31,995

51,004

25,667

33,558

21,549

0

0

0

Maturities of certificates of deposit at other financial institutions

6,626

3,650

2,736

2,984

496

992

744

496

1,736

1,240

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense, Time Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

744

496

1,738

1,738

1,490

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of certificates of deposit at other financial institutions

-

-

-

-

-

-

-

-

-

-4,102

-5,342

-5,342

-5,487

-3,122

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations and principal collections, net

91,474

36,904

25,668

57,473

130,217

190,125

202,463

171,728

167,272

155,793

130,935

133,939

97,655

95,043

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of portfolio loans

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of portfolio loans

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of portfolio loans

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of portfolio loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-138,936

-130,063

-106,483

-75,831

-44,938

-26,593

-48,542

-53,551

-60,578

-74,202

0

0

0

-

-

-

-

Proceeds from sale of portfolio loans

7,949

8,487

15,489

12,401

12,939

17,952

36,070

30,671

30,671

25,120

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of portfolio loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

Proceeds from sale of OREO, net

293

901

0

0

0

-

0

0

0

-

-

-

-

682

682

682

205

0

0

24

525

2,478

2,584

2,560

2,129

269

203

684

1,259

2,536

0

0

0

-

-

-

0

Purchase of premises and equipment, net

2,186

2,463

3,443

3,888

3,907

3,796

2,748

2,342

1,540

1,016

1,931

2,276

2,622

3,595

2,731

2,202

2,558

1,512

1,249

1,378

829

873

1,048

1,228

1,696

2,070

2,157

6,042

3,907

3,644

4,922

433

1,809

1,396

0

0

0

Purchase of BOLI

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in FHLB stock, net

2,764

-1,842

864

587

3,849

7,016

4,084

3,833

1,207

152

1,043

2,309

1,781

-1,832

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB stock purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,468

1,451

517

225

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

FHLB stock redeemed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash acquired from Anchor Acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

180,356

180,356

180,356

180,356

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used by) from investing activities

-171,580

-55,201

16,031

-9,739

-99,989

-186,961

-227,473

-206,445

-176,043

-169,414

-164,537

-146,977

-138,626

53,261

35,262

1,329

27,696

-139,766

-138,467

-106,617

-106,687

-99,890

-83,419

-63,569

-50,465

-31,727

-48,179

-53,263

-63,742

-80,785

-66,411

-63,920

-43,937

-10,189

0

0

0

CASH FLOWS FROM (USED BY) FINANCING ACTIVITIES
Net increase in deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56,555

47,927

42,044

-6,457

29,313

42,531

32,771

65,895

17,928

2,461

0

0

0

Net increase in deposits

-125,375

-118,714

-85,254

-107,293

-107,261

-87,566

-103,959

-84,416

-99,464

-117,249

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings

449,891

401,447

531,871

699,536

906,040

917,239

886,754

791,999

661,779

495,274

0

0

0

-

-

-

550,535

496,387

333,938

320,989

227,311

151,459

126,358

58,207

72,635

104,454

148,194

123,294

82,659

59,740

0

0

0

-

-

-

0

Repayments of borrowings

377,758

453,983

578,533

759,788

895,588

824,368

810,498

716,143

632,520

500,415

0

0

0

-

-

-

568,299

414,652

297,221

318,272

213,223

151,089

117,470

54,319

69,949

94,630

138,630

129,130

76,800

61,800

73,300

48,300

56,500

28,000

0

0

0

Dividends paid on common stock

3,118

2,856

2,492

2,341

2,183

1,915

1,794

1,614

1,433

1,331

1,229

1,195

1,169

1,090

1,017

940

856

826

792

760

736

704

673

642

603

451

0

0

0

-

-

-

-

-

-

-

-

Proceeds from stock options exercised, net

-

705

1,164

1,245

901

1,117

775

854

832

669

609

449

280

186

174

131

190

187

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Disbursements) from stock options exercised, net

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock repurchased

9,504

4,800

0

0

0

-

0

0

0

-

-

-

-

4,903

4,903

4,869

2,492

101

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from (used by) financing activities

185,097

59,023

32,257

43,246

115,895

179,388

178,946

184,880

153,465

136,789

151,377

129,525

55,534

-44,848

-11,061

18,975

69,081

155,729

155,589

120,883

97,115

81,013

69,414

51,755

58,638

57,300

51,317

31,564

63,779

69,078

52,568

66,095

21,828

-10,539

0

0

0

NET INCREASE IN CASH AND CASH EQUIVALENTS

-14,153

12,999

47,692

37,617

37,434

13,864

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

12,537

-19,449

-10,079

-12,466

-18,167

2,895

-19,044

-15,997

0

0

0

SUPPLEMENTARY DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the year for:
Interest on deposits and borrowings

18,532

18,709

18,077

16,114

13,144

10,098

7,397

6,189

5,269

4,904

4,761

4,482

4,137

4,164

3,968

3,870

3,923

3,660

3,316

3,138

2,907

2,700

2,601

2,413

2,268

2,168

2,102

2,115

2,226

2,367

2,516

2,647

2,819

3,005

0

0

0

Income taxes

4,351

4,351

4,519

4,169

2,902

2,902

0

0

0

-

-

-

-

6,110

4,707

4,772

4,378

3,953

3,882

2,569

728

593

377

225

300

260

320

270

160

60

0

0

0

-

-

-

-

SUPPLEMENTARY DISCLOSURES OF NONCASH OPERATING, INVESTING AND FINANCING ACTIVITIES
Change in unrealized gain on investment securities, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized gain on cash flow hedges, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retention of gross mortgage servicing rights from loan sales

5,741

5,400

6,637

5,511

5,677

5,971

5,476

5,352

5,223

5,075

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized (loss) gain on investment securities, net

-

-

-

-

-

-

-

-

0

-

-1,398

-1,451

-1,364

-950

845

1,352

259

-57

449

-9

1,258

1,539

634

273

-1,292

-2,267

-2,168

-854

162

589

0

0

0

-

-

-

-

Change in unrealized loss on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Property taken in settlement of loans

220

312

0

0

0

-

0

0

0

-

-

-

-

525

525

525

512

0

0

0

13

445

538

1,144

1,180

735

0

0

0

-

-

-

-

-

0

0

0

Retention of gross mortgage servicing rights from loan sales

5,741

5,400

6,637

5,511

5,677

5,971

5,476

5,352

5,223

5,075

4,836

4,604

4,571

4,194

3,803

3,629

3,527

3,699

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-