Greene county bancorp inc (GCBC)
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'11Dec'10Sep'10
Cash flows from operating activities:
Net income

4,051

5,113

4,863

4,164

4,356

4,584

4,380

3,619

3,677

3,640

3,472

2,857

2,897

2,926

2,507

2,332

2,161

2,320

2,150

1,819

1,784

1,811

1,775

1,553

1,496

1,725

1,754

1,401

1,537

1,669

1,764

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Net Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,495

1,509

1,376

1,239

1,352

1,324

Depreciation

177

187

175

157

163

164

154

157

160

161

157

158

160

160

159

158

155

158

158

145

140

130

130

131

145

167

174

176

180

187

194

210

209

210

206

201

176

165

195

Deferred income tax benefit

-602

697

-380

-404

-323

148

-388

1,405

781

-3,344

1,214

703

1,234

-2,997

801

983

754

-3,202

751

1,027

1,003

-2,177

635

1,003

582

-2,218

651

614

589

-1,334

455

-

-

-

-

-

-

-

-

Net amortization of premiums and discounts

-286

-219

-120

-89

-95

-38

-81

-83

-134

-172

-213

-211

-171

-220

-223

-218

-157

-167

-174

-265

-253

-283

-344

-407

-439

-474

-495

-480

-421

-344

-324

-336

-266

-261

-259

-264

-261

-253

-253

Net amortization of deferred loan costs and fees

-145

-98

-143

-137

-123

-125

-110

-128

-127

-119

-134

-99

-107

-133

-118

-104

-99

-88

-102

-93

-94

-167

-15

-73

-88

-98

-81

-83

-68

-70

-61

-64

-68

-68

-63

-56

-65

-68

-42

Provision for loan losses

1,425

690

551

601

350

354

354

486

345

352

347

439

343

586

543

535

421

343

374

424

416

305

411

391

288

508

313

430

331

541

444

-

-

-

-

-

-

-

-

Net loss (gain) on equity securities

-27

14

-2

16

22

-17

15

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

422

474

449

343

483

353

Stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

19

56

55

56

56

Net gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

11

0

21

212

0

Net (gain) loss on sale of foreclosed real estate

-57

0

76

-1

-25

0

-9

9

-21

91

-37

0

-12

-14

-47

0

0

-71

-106

-35

-9

-99

7

-8

-54

2

3

33

1

-63

36

85

-253

82

50

-

-

-

0

Excess tax benefit from share based compensation

-

-

-

-

-

-

-

-

-

-

-

0

0

10

41

0

0

6

0

0

10

0

6

0

0

23

4

0

0

0

0

-

-

-

-

-

-

-

-

Net increase in accrued income taxes

1,080

-876

558

-790

744

-271

426

-1,351

-251

4,023

-647

-2,312

-1,685

3,992

-1,554

-1,035

-1,472

3,868

-764

-592

-542

2,807

30

-452

-3,139

2,889

20

-108

-3,183

1,737

248

-25

-238

-445

-313

584

-193

-265

26

Net increase in accrued interest receivable

696

840

117

-272

360

328

380

-22

469

236

341

-11

254

89

90

-39

391

73

159

-178

267

19

208

-257

213

-116

207

-212

128

-89

148

-114

88

-26

24

-112

195

-213

115

Net increase in prepaid and other assets

-241

735

1,450

-446

-159

903

-255

-400

-191

1,148

-175

-314

-135

498

-207

-351

-193

551

-209

-248

-197

1,096

168

-231

10

284

25

-825

-15

-174

-82

-107

73

-104

-56

-97

-82

-245

7

Net increase in accrued expenses and other liabilities

364

895

1,428

1,815

936

2,075

-2,082

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in other liabilities

-

-

-

-

-

-

-

-

688

-1,366

1,717

1,276

601

-705

-81

875

495

867

-702

435

261

906

-784

621

769

246

-282

523

447

191

-1,653

533

450

192

-485

352

451

44

-74

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,572

4,050

2,399

4,077

3,338

3,216

2,167

4,223

499

3,696

2,967

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

6,555

5,434

5,817

6,472

6,246

6,003

2,904

6,508

5,403

2,283

6,478

3,756

3,721

3,732

2,839

-

-

-

-

-

-

-

-

-

-

-

-

-

276

3,721

1,735

3,528

2,603

2,415

1,803

3,406

2,263

2,402

2,053

Cash flows from investing activities:
Securities available for sale: [Abstract]
Proceeds from maturities

22,428

17,914

30,178

27,505

21,623

23,526

32,825

20,723

12,274

12,949

17,594

13,096

18,822

12,642

24,481

17,040

7,375

7,789

15,735

3,422

1,000

0

2,250

2,000

0

515

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,390

1,340

2,800

1,210

5,670

935

1,000

5,440

2,500

745

2,624

4,042

Proceeds from sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

770

0

854

6,875

0

Purchases of securities

40,337

55,195

68,828

45,962

18,534

11,541

32,921

25,426

28,515

16,659

27,125

27,951

10,560

13,240

16,443

14,295

17,002

7,097

26,970

18,175

4,566

6,052

12,889

7,341

0

0

0

1,101

3,078

5,128

1,080

-

-

-

-

1

725

25,584

3,999

The cash inflow associated with prepayments, scheduled principal payments on MBS securities and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities.

2,275

3,315

1,739

458

332

812

1,191

1,282

1,129

635

571

690

461

4,953

620

704

446

1,334

1,512

629

807

2,411

1,394

538

941

1,988

2,395

3,588

2,554

5,666

5,607

5,967

5,213

6,217

3,482

2,678

1,953

4,278

2,266

Securities held to maturity: [Abstract]
Proceeds from maturities

4,244

4,500

14,129

12,778

4,721

3,767

4,519

8,423

2,674

3,210

4,137

9,950

1,563

2,542

3,253

6,631

1,187

2,770

2,788

18,146

3,025

4,731

5,091

11,862

2,343

7,930

6,934

5,440

4,763

7,186

6,366

3,509

755

3,056

5,831

7,986

4,197

5,239

4,391

Purchases of securities

61,532

38,785

21,466

31,774

22,675

3,998

23,918

11,617

42,936

18,965

12,050

22,270

7,189

9,998

7,648

21,992

17,332

7,819

10,860

11,246

3,328

3,324

8,942

18,113

2,390

3,960

7,147

23,393

3,773

44,288

2,448

14,652

14,133

12,753

5,972

16,110

39,687

10,212

8,513

The cash inflow associated with prepayments, scheduled principal payments on MBS securities and calls (requests for early payments) of debt securities designated as held-to-maturity.

6,541

6,734

6,852

6,162

3,350

4,036

13,102

6,003

1,848

2,150

5,851

2,594

2,154

3,872

1,525

1,811

2,017

1,948

2,403

1,936

3,272

1,655

1,500

1,317

1,518

1,926

2,602

3,367

4,028

8,461

3,373

4,022

2,544

2,897

2,093

1,439

1,548

1,502

1,036

Net redemption of Federal Home Loan Bank Stock

-2,358

2,155

-360

461

-2,575

-274

2,602

60

-1,003

913

-556

448

-2,047

1,510

-532

1,221

-1,251

950

-662

1,140

-1,876

1,786

-117

178

-1,157

1,427

-275

409

-734

599

-630

606

-135

0

-643

684

-225

0

-409

Purchase of long term certificate of deposit

690

0

751

0

735

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

The cash inflow associated with the maturity of long-term certificates of deposit.

-

-

-

-

-

-

-

-

-

-

-

425

0

0

65

245

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans receivable

34,240

46,314

20,710

23,191

13,388

26,323

20,593

26,583

15,251

25,961

14,768

18,665

15,774

43,280

26,786

30,272

15,513

18,177

17,756

9,123

13,536

16,838

7,969

7,384

5,943

13,955

15,106

9,844

3,282

12,286

9,766

15,040

1,107

5,554

6,704

4,780

1,257

-2,678

4,407

Proceeds from sale of foreclosed real estate

246

0

41

0

0

0

65

131

834

0

38

0

118

55

39

0

0

461

223

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of foreclosed real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

302

326

0

2

103

172

41

137

96

235

172

0

393

-

-

-

0

Purchases of premises and equipment

270

124

256

219

48

205

117

100

22

101

101

0

5

30

41

109

40

22

119

237

208

128

180

192

37

276

70

22

78

42

45

74

200

10

43

93

344

663

240

Net cash used by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-38,591

-19,763

-32,382

-15,246

-12,638

-19,331

-19,326

-17,165

-2,411

-7,257

-10,014

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used by investing activities

-98,732

-110,110

-58,712

-54,704

-22,534

-9,652

-28,449

-27,224

-67,452

-43,405

-25,297

-43,004

-8,363

-43,994

-20,403

-

-

-

-

-

-

-

-

-

-

-

-

-

3,249

-38,333

3,943

-35,795

-9,287

-9,244

5,933

-7,065

-32,491

-12,263

-5,015

Cash flows from financing activities
Net increase in short-term advances

-

48,900

-8,000

-

-

-3,900

58,800

0

-20,300

19,600

-6,200

6,400

-45,300

31,500

-11,800

26,100

-27,800

19,600

-14,700

22,900

-43,500

38,700

1,650

3,150

-31,700

28,200

-7,100

10,600

-14,300

14,300

-14,000

14,000

0

0

-14,300

14,300

0

0

-9,100

Proceeds from long-term FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6,000

3,500

1,000

4,000

0

0

0

-

-

-

-

-

-

-

-

Repayment of long-term FHLB advances

3,500

1,000

0

0

2,500

2,000

1,000

0

2,000

0

2,500

0

2,000

500

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of cash dividends

432

944

432

393

393

397

854

381

382

384

379

808

370

373

369

783

356

360

355

345

760

349

344

334

333

336

332

330

329

737

732

327

325

323

322

322

323

684

318

Proceeds from issuance of stock options

-

-

-

-

-

-

-

10

125

19

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

116

142

54

Proceeds from issuance of stock options

-

-

-

-

-

-

-

-

-

-

-

-

0

94

75

7

103

57

26

-47

44

25

39

0

65

66

41

12

74

13

25

-

-

-

-

-

-

-

-

Excess tax benefit from share based compensation

-

-

-

-

-

-

-

-

-

-

-

0

0

10

41

0

0

6

0

0

10

0

6

0

0

23

4

0

0

0

0

-

-

-

-

-

-

-

-

Net increase in deposits

184,874

-18,552

142,641

-19,209

130,558

6,759

-22,773

-27,013

131,496

3,182

58,034

14,346

70,124

2,470

33,708

-11,422

81,120

4,881

41,591

-22,124

61,660

-28,127

21,734

-31,664

71,803

-31,047

22,043

-28,279

41,028

9,547

24,206

-2,660

20,628

1,975

22,097

-28,952

32,995

2,410

41,712

Net cash provided by financing activities

135,449

28,366

134,209

-10,652

72,765

462

34,173

-27,384

108,939

22,417

48,961

19,938

24,654

35,851

21,655

-

-

-

-

-

-

-

-

-

-

-

-

-

24,473

22,123

9,499

9,133

17,505

1,707

7,475

-14,971

27,788

1,868

32,348

Net increase in cash and cash equivalents

43,272

-76,310

81,314

-58,884

56,477

-3,187

8,628

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53,067

25,684

26,562

1,884

19,254

11,249

23,085

-28,848

45,835

406

15,656

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,091

-23,241

17,048

9,971

-3,421

-9,285

9,954

-4,866

5,926

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-18,705

30,142

-

-

-

-

-

-

-

-

-

-

-

-

-

43,923

-3,155

8,609

-32,206

27,998

-12,489

15,177

-23,134

10,821

-5,122

15,211

-18,630

-2,440

-7,993

29,386

Non-cash investing activities:
Foreclosed loans transferred to foreclosed real estate

0

0

215

0

0

0

34

33

149

63

28

591

0

123

0

0

66

0

318

420

432

344

158

91

170

404

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during period for:
Interest

2,304

2,277

2,094

1,863

1,730

1,361

1,332

1,116

1,020

951

931

806

782

742

729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreclosed loans transferred to foreclosed real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

210

200

243

-120

363

0

200

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

650

617

613

604

569

559

572

627

593

575

581

657

719

734

735

820

844

930

1,004

1,088

1,089

1,162

1,183

Income taxes

84

1,068

752

1,927

424

1,074

975

825

506

364

630

2,529

1,397

48

1,585

738

1,361

32

664

41

24

42

20

23

3,100

30

48

35

3,225

307

87

33

832

1,192

1,084

268

817

970

666