German american bancorp, inc. (GABC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent

59,222

46,529

40,676

35,184

30,064

28,344

25,413

24,055

20,249

13,405

12,218

Adjustments to Reconcile Net Income to Net Cash from Operating Activities:
Net Amortization on Securities

-3,862

-3,550

-3,543

-3,675

-2,548

-2,025

-2,875

-4,567

-2,509

-1,080

144

Depreciation and Amortization

8,630

6,184

4,687

4,315

4,264

4,810

4,461

4,688

5,139

3,720

3,688

Loans Originated for Sale

198,326

131,916

122,518

138,192

137,687

96,760

158,845

181,993

143,738

125,473

145,993

Proceeds from Sales of Loans Held-for-Sale

189,875

137,417

134,316

137,307

136,088

101,608

169,242

189,984

136,364

121,489

145,213

Loss in Investment in Limited Partnership

-

-

-

-

-

-

-

-

-20

-135

-138

Provision for Loan Losses

5,325

2,070

1,750

1,200

0

150

350

2,412

6,800

5,225

3,750

Gain (Loss) on Sales of Loans, Net

4,633

3,004

3,280

3,359

2,959

1,892

2,645

3,234

2,381

2,160

1,760

Gain on Securities, net

1,248

706

596

1,979

725

1,481

2,429

1,667

3,024

0

-

Loss on Disposition and Donation of Premises and Equipment

-111

36

-870

-5

-389

-93

70

1

-28

33

-11

Gain on Disposition of Land

352

-44

0

0

-

-

-

-

-

-

-

Gain on Sales of Other Real Estate and Repossessed Assets

-200

41

17

55

-63

58

-291

221

-165

161

-364

Post Retirement Medical Benefit

-228

-55

-34

7

15

29

17

31

0

0

-

Other-than-temporary Impairment on Securities

-

-

-

-

-

-

-

-

110

0

423

Increase in Cash Surrender Value of Company Owned Life Insurance

1,407

1,141

1,370

1,068

689

865

955

960

1,107

814

670

Equity Based Compensation

1,287

1,355

1,246

1,407

963

627

329

628

635

405

485

Excess Tax Benefit from Restricted Share Grant

25

32

240

200

89

-40

-28

23

37

99

-

Change in Assets and Liabilities:
Interest Receivable and Other Assets

1,602

-2,211

4,528

-5,813

-172

10,119

-6,016

-3,433

-5,020

532

4,236

Interest Payable and Other Liabilities

4,488

-162

-110

-2,547

-1,328

9,917

-2,404

298

-136

1,040

-3,062

Net Cash from Operating Activities

65,229

62,331

54,875

41,913

31,267

36,468

41,674

41,997

26,616

17,227

10,425

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from Maturity of Other Short-term Investments

496

0

0

1,992

100

0

2,690

3,236

6,223

0

-

Purchase of Other Short-term Investments

-

-

-

1,000

0

0

-

-

-

-

-

Proceeds from Maturities of Securities Available-for-Sale

114,669

78,714

79,955

103,301

90,702

78,735

136,173

143,253

99,272

59,795

54,294

Proceeds from Sales of Securities Available-for-Sale

82,601

91,013

49,459

165,102

18,999

60,164

162,344

92,344

20,061

0

379

Purchase of Securities Available-for-Sale

169,640

140,604

156,802

225,456

116,942

151,740

271,218

312,063

296,547

155,797

127,192

Redemption of Federal Reserve Bank Stock

-

-

-

-

-

-

-

-

694

0

-

Proceeds from Maturities of Securities Held-to-Maturity

-

-

-

95

89

84

78

344

915

1,175

554

Purchase of Federal Home Loan Bank Stock

-

-

-

1,350

2,395

91

0

-

-

-1,414

-

Proceeds from Redemption of Federal Home Loan Bank Stock

1,145

2,607

0

0

864

2,055

0

0

1,523

-

-

Purchase of Loans

2,051

1,209

5,547

5,383

9,895

8,132

744

0

0

3,496

24,078

Proceeds from Sales of Loans

0

6,000

1,106

2,029

0

0

3,250

9,560

3,364

6,778

21,057

Loans Made to Customers, net of Payments Received

-3,925

87,127

149,336

106,198

108,007

58,587

102,722

98,620

-3,498

4,874

-10,678

Proceeds from Sales of Other Real Estate

369

662

1,435

1,429

1,170

2,045

2,081

3,899

4,231

2,575

1,756

Property and Equipment Expenditures

9,374

15,186

11,183

5,234

1,614

3,053

3,659

3,617

3,965

1,975

2,637

Proceeds from Sales of Property and Equipment

0

40

6

0

0

23

88

1

12

512

4

Proceeds from Sale of Land

1,761

393

0

0

-

-

-

-

-

-

-

Proceeds from Life Insurance

1,216

765

1,627

0

0

-

-

-

-

-

-

Acquire Bank Branches

-

-

-

-

-

-

-

-

-

-855

-

Payments to Acquire Businesses, Net of Cash Acquired

0

17,566

0

1,016

0

0

-

-

-

0

386

Acquire Capitalized Lease

-

-

-

-

-

-

1,455

0

7

0

-

Cash Acquired from Acquisition

0

42,700

0

0

-

-

5,858

0

-

-

-

Payments to Acquire Businesses, Gross

-

-

-

0

-

-

-

-

-

-

-

Acquisition of United Commerce Bank

-

-

-

-

-

-

-

-

0

-

-

Acquisition of American Community Bancorp, Inc.

-

-

-

-

-

-

-

-

-55,780

-

-

Net Cash from Investing Activities

30,662

-38,798

-189,280

-71,689

-126,929

-78,497

-67,236

-161,663

-104,946

-93,038

-65,571

CASH FLOWS FROM FINANCING ACTIVITIES
Change in Deposits

-13,007

-11,112

134,737

118,231

46,630

-32,364

64,645

84,779

166,416

67,578

27,952

Change in Short-term Borrowings

-82,037

42,999

-4,054

-40,163

36,244

87,940

-18,000

31,515

-32,682

37,900

8,745

Advances in Long-term Debt

89,214

25,000

75,000

0

75,000

20,321

47,000

20,000

0

0

29,250

Repayments of Long-term Debt

65,171

40,155

53,864

24,910

44,135

43,117

49,379

21,569

6,549

32,305

21,541

Issuance (Retirement) of Common Stock

-

-

-29

55

49

50

20

37

12

0

-

Employee Stock Purchase Plan

-

-

-

-

447

-37

-9

-67

-25

-30

-2

Income Tax Benefit from Restricted Share Grant

-

-

-

-

-

-

-

23

37

99

-

Dividends Paid

17,556

14,074

11,842

10,630

9,010

8,450

7,670

7,068

7,047

6,214

6,196

Net Cash from Financing Activities

-88,557

2,658

139,948

42,583

105,225

24,343

36,607

107,650

120,162

67,028

38,208

Net Change in Cash and Cash Equivalents

7,334

26,191

5,543

12,807

9,563

-17,686

11,045

-12,016

41,832

-8,783

-16,938

Cash Paid During the Period for
Interest

30,765

18,239

10,852

8,348

6,146

6,071

7,653

11,521

16,577

15,534

19,815

Income Taxes

7,977

5,920

12,462

9,254

9,083

11,267

10,268

8,990

6,693

6,102

4,305

Supplemental Non Cash Disclosures
Reclassification of Land to Other Assets

-

-

-

-

0

0

-

-

-

-

-

Loans Transferred to Other Real Estate

708

398

1,230

565

1,046

1,314

851

2,980

3,492

2,160

2,665

Reclassification of Land and Buildings to Other Assets

5,712

850

330

664

-

-

-

-

-

-

-

Right of Use Asset Obtained in Exchange for Lease Liabilities

9,034

-

-

-

-

-

-

-

-

-

-

Securities Sold Pending Settlement

-

-

-

-

-

-

45,803

-

-

-

-

Securities Transferred to Accounts Receivable

-

-

-

-

-

-

-

45,803

43,167

0

-

Accounts Receivable Transferred to Securities

-

-

-

-

-

-

-

43,167

0

0

-

Citizens First Corporation [Member]
Cash Acquired from Acquisition

5,545

0

0

-

-

-

-

-

-

-

-