Guaranty federal bancshares inc (GFED)
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'11
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

2,104

2,315

2,550

2,428

2,120

2,384

3,934

-342

1,355

418

1,717

1,592

1,429

1,519

1,541

1,256

1,276

1,430

1,418

1,537

1,329

1,782

1,360

1,338

1,301

1,373

1,345

1,567

952

1,482

-717

344

834

1,307

1,215

789

522

Items not requiring (providing) cash:
Deferred income taxes

-122

288

-200

19

116

-81

852

-119

-26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

507

-

-

-

493

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

182

-410

-375

-

35

-25

-98

338

49

9

-76

-140

542

310

-55

189

118

384

291

247

405

-570

78

1,019

348

-454

36

Depreciation

-

-

-

-

-

-

435

329

331

-

325

235

230

229

213

197

204

239

227

232

218

189

183

194

187

202

204

224

190

209

206

159

172

216

162

160

177

Provision for Loan Losses

500

-

-

-

-

300

200

500

225

250

450

575

475

425

200

375

375

250

200

0

150

300

450

325

200

700

200

250

400

350

2,600

2,100

900

550

900

1,000

900

Gain on sale of Small Business Administration loans

-

231

301

247

250

170

263

225

170

262

228

124

130

59

85

82

69

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of mortgage loans held for sale and investment securities

571

521

754

640

395

438

594

606

382

443

629

585

408

484

572

442

400

389

469

513

385

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on loans and investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-188

-

-276

-708

-520

-571

-537

-544

-399

-

-

-

-

Gain on loans and investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

452

364

281

Gain on loans and investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

452

364

281

Loss (gain) on sale of foreclosed assets

-84

208

-102

52

6

-6

-450

86

54

130

59

-16

76

115

-2

0

0

-

-

-

-

-89

-17

-32

6

-82

-4

-47

-28

-144

-1,020

-65

-126

-305

15

-179

-51

Gain on sale of premises, equipment and other assets

-

0

0

0

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred income, premiums and discounts, net

-213

-35

-147

-102

-63

-27

-115

-224

-113

-112

-329

-214

-183

-196

-187

-245

-36

-146

-160

-205

-192

-259

-253

-211

-101

-75

-206

-148

-125

-77

-150

-329

9

-163

-66

-308

9

Amortization of intangible assets

119

-

-

-

119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock award plan expense

57

94

162

190

169

240

-8

161

123

135

136

57

136

79

80

126

86

46

42

46

151

18

33

53

136

35

31

35

151

33

40

37

142

10

24

25

125

Accretion of purchase accounting adjustments

-209

-348

-619

-235

-426

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of loans held for sale

18,621

56,649

-12,411

20,573

15,877

19,327

18,704

20,940

13,144

18,077

21,933

16,792

14,032

16,700

18,675

15,364

13,234

14,634

14,433

14,325

13,122

11,489

8,496

8,633

6,075

4,997

12,680

16,629

14,924

23,238

21,637

19,680

16,156

22,514

14,760

10,976

10,525

Proceeds from sale of loans held for sale

19,970

55,319

-10,719

22,068

14,972

19,210

20,186

20,490

14,664

19,142

21,938

17,652

14,384

17,528

18,617

15,286

13,970

13,408

16,201

14,489

13,298

10,638

9,898

8,213

6,334

6,740

13,130

17,115

16,885

25,302

20,493

19,835

17,825

21,245

15,316

9,334

13,208

Release of ESOP shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-42

-45

-41

-31

-28

-34

-32

Increase in cash surrender value of bank owned life insurance

150

154

121

113

111

115

116

113

112

116

118

116

116

123

124

122

123

90

91

89

90

93

95

93

91

93

97

96

98

101

103

100

81

81

81

78

79

Changes in:
Prepaid FDIC deposit insurance premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-1,305

-133

-132

-109

-201

-206

-182

-218

-222

-264

Prepaid FDIC deposit insurance premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-218

-222

-264

Accrued interest receivable

21

36

-53

-244

382

-12

407

470

76

285

103

129

-15

138

-71

110

-216

316

-414

256

-201

361

-170

175

-189

30

-182

77

-129

-13

-108

163

-125

-102

69

2

-500

Prepaid expenses and other assets

-166

-662

-992

1,912

1,262

146

-902

-5,264

-36

-1,053

-346

51

250

-256

-359

36

15

-300

-340

-220

-143

-258

-244

-172

-331

-115

-280

-156

-138

-303

-233

-209

-141

-362

-199

706

-141

Accounts payable and accrued expenses

-454

-662

907

1,055

-113

-179

89

-1,116

-414

354

72

588

-132

-783

762

39

-93

-227

187

-35

6

-240

158

-158

55

31

156

-159

339

-350

270

-9

-13

-582

-243

692

-215

Income taxes receivable/payable

-295

289

-411

-174

79

-629

-314

464

-141

726

387

-10

-609

361

-243

-54

-404

204

33

-33

2

-588

276

260

-131

-17

-311

-18

-58

-198

1,066

-377

-91

-

-

-

0

Net cash provided by (used in) operating activities

3,867

234

5,972

2,974

-854

2,814

4,652

2,248

2,609

3,567

2,040

2,732

1,941

-

-

-

2,535

410

4,215

1,199

2,013

1,480

4,196

1,271

2,551

4,281

3,118

2,260

4,163

4,257

1,337

2,635

4,026

-113

2,854

163

4,849

CASH FLOWS FROM INVESTING ACTIVITIES
Net change in loans

857

-20,942

-6,155

-4,255

-18,198

1,054

9,350

-4,216

8,457

14,112

14,382

43,713

46,986

26,716

7,152

18,336

-707

-11,265

-1,889

9,708

8,317

20,362

12,790

8,282

-17,734

7,272

-886

7,963

-13,045

4,647

-7,958

13,995

-17,164

-2,132

-10,639

6,701

-8,022

Principal payments on available-for-sale securities

4,050

2,617

2,053

1,460

1,433

1,156

11,062

-220

1,360

1,495

1,498

1,899

1,756

2,499

2,475

2,293

1,615

2,260

3,225

2,642

2,318

2,550

2,912

2,458

1,776

1,742

2,494

3,057

3,288

-2,484

4,237

3,126

3,243

4,971

4,363

2,486

3,812

Principal payments on held-to-maturity securities

0

0

0

10

0

0

1

0

1

1

2

3

3

2

3

4

4

4

4

5

4

4

4

4

4

5

5

47

44

8

8

10

9

8

8

9

14

Proceeds from maturities of available-for-sale securities

1,450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

535

-

-

-

-

0

0

2,151

1,000

1,250

0

0

9,000

18,162

0

0

1,000

0

13,625

2,650

10,500

Purchase of premises and equipment

131

93

303

430

153

854

286

622

1,672

2,051

321

910

401

236

260

494

184

138

178

254

284

124

118

134

94

79

70

167

105

138

157

141

171

409

105

152

148

Purchase of available-for-sale securities

-

-

-

-

-

-

15,362

6,010

3,777

-

-

-

-

10,770

6,876

26,426

38,349

16,581

18,828

7,457

12,283

12,122

2,705

14,657

11,337

2,425

6,581

18,771

25,537

27,076

6,756

17,764

28,758

40,959

5,001

10,434

17,142

Proceeds from sale of available-for-sale securities

-

-

-

-

-

-

7,104

5,931

565

-

-

-

-

9,303

12,257

24,405

30,514

8,423

7,392

7,446

9,797

20,500

3,151

9,915

8,191

6,596

7,317

10,041

7,269

6,879

7,438

8,156

9,213

36,303

4,568

4,665

737

Purchase of available-for-sale securities

35,896

-

-

-

17,536

-

-

-

-

2,624

7,782

5,568

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of available-for-sale securities

6,263

-

-

-

5,057

-

-

-

-

2,481

7,671

10,717

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of interest bearing deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,587

-

-

-

-

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,500

-

-

-

-

Redemption of FHLB stock

-545

600

0

-84

-2,145

344

252

607

-413

460

-440

68

-101

844

-152

1,052

29

-176

176

-10

-309

-

-

-

-

-

-

13

-671

-

-

-

-

-

-

-

-

Proceeds from maturities of interest bearing deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,197

Purchase of tax credit investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

108

-69

911

Purchase of tax credit investments

-

0

0

0

3,168

-

-

-

-

200

991

174

48

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of foreclosed assets held for sale

-

-

-

-

-

-

-

-

-

-

789

683

960

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

230

42

-48

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized costs on foreclosed assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

17

85

Proceeds from sale of foreclosed assets held for sale

162

835

20

329

158

104

45

87

54

-

-

-

-

2,458

355

67

40

188

521

82

5

241

12

230

172

-407

16

29

798

1,889

1,253

1,278

805

1,027

2,343

1,510

746

Net cash provided by (used in) investing activities

-24,413

11,533

-7,562

14,247

6,135

3,629

-5,987

10,052

-11,510

-10,896

-7,839

-17,449

-44,616

-

-

-

-5,146

1,598

-6,150

-7,233

-8,450

-9,360

-9,762

-8,357

17,496

-567

4,306

-12,299

8,475

-7,407

14,264

-19,289

5,593

3,073

31,446

-5,847

12,743

CASH FLOWS FROM FINANCING ACTIVITIES
Cash dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

216

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in demand deposits, NOW accounts and savings accounts

38,327

-7,413

52,142

4,184

48,453

-109,988

67,624

-17,765

19,272

7,655

12,086

-10,655

49,337

-13,507

4,562

-2,674

3,456

13,455

-10,244

-3,554

43,344

6,996

-7,454

-9,992

5,541

-15,280

3,104

11,835

14,086

10,143

-4,008

8,308

6,381

-5,650

16,920

1,631

11,773

Net increase (decrease) in certificates of deposit

-10,198

-11,168

-14,631

-8,538

8,790

98,949

-71,595

-11,638

6,361

15,619

4,988

26,261

-3,293

3,106

-3,212

-1,974

-1,778

-1,232

-4,139

-2,720

2,658

1,571

-2,447

-255

-1,459

-8,124

-4,270

-3,590

-10,456

-3,506

1,030

3,829

-6,746

-2,429

-9,323

-6,371

-2,661

Proceeds from FHLB advances

10,000

21,850

19,400

39,520

35,045

139,136

134,285

170,300

166,250

427,900

184,200

82,200

67,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of FHLB advances

25,000

6,850

19,400

41,620

88,245

130,536

127,985

162,500

179,950

416,400

195,200

80,500

70,900

28,599

60,850

90,050

0

4,400

-4,400

250

8,000

0

0

0

3,000

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of notes payable

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of notes payable

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Issuance of Common Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-68

15,882

-

-

-

-

-

-

-

-

-

-

-

-

Advances from borrowers for taxes and insurance

129

-430

172

103

132

-440

169

279

101

-334

140

97

84

-342

142

146

54

-299

104

138

102

-300

98

104

90

-

-

-

-

-

-

-

-

-

-

-

-

Advances from borrowers for taxes and insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-97

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,587

0

234

179

-

150

150

150

-

150

231

212

212

212

212

212

Repayments of FHLB and Federal Reserve advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,100

-

-

-

-

-

-

-

-

Advances from borrowers for taxes and insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-98

-

-95

-118

-97

-

-

-

-

Stock options exercised

-

17

20

0

51

-120

224

38

23

15

0

0

0

0

0

7

77

42

33

0

111

0

126

70

14

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

650

569

581

582

580

534

534

532

530

442

442

442

441

354

354

354

351

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock purchased

390

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

20

85

0

0

20

5

0

0

7

45

Net cash provided by financing activities

12,217

-5,518

34,985

-7,245

3,647

-3,533

2,189

-21,977

11,528

34,014

5,773

16,961

42,088

-

-

-

1,458

7,346

-10,063

-16,605

38,000

9,251

-4,142

-21,325

16,891

-21,488

-1,202

-8,800

-11,607

6,171

-3,032

7,016

-486

-23,329

-17,529

-4,834

8,951

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-8,327

6,250

33,395

9,976

8,927

2,909

854

-9,676

2,626

26,685

-26

2,245

-586

-1,860

1,149

-7,823

-1,152

9,355

-11,998

-22,639

31,562

1,371

-9,708

-28,411

36,939

-17,774

6,222

-18,839

1,031

3,021

12,569

-9,636

9,134

-20,369

16,771

-10,517

26,543

Supplemental Cash Flows Information