Green bancorp, inc. (GNBC)
CashFlow / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

15,597

16,421

9,362

2,619

11,407

12,898

7,212

2,544

-8,986

3,631

1,839

2,573

4,079

4,138

4,649

2,047

4,533

4,674

3,488

Adjustments to reconcile net income to net cash provided (used) by operating activities:
Amortization and accretion of premiums and discounts on securities, net

-1,033

-535

-718

-638

-584

-431

-111

-211

-183

-218

-209

-1,901

235

274

270

-1,994

298

857

-291

Accretion of loan discounts, net

446

1,666

1,251

1,003

1,282

1,253

1,217

1,590

2,189

2,033

2,546

3,349

147

597

713

363

224

141

141

Amortization of deposit premiums

163

200

215

214

214

218

349

415

415

440

1,092

1,206

134

166

241

184

57

77

93

Amortization of core deposit intangibles

297

306

316

332

380

380

380

381

402

402

402

403

148

148

148

119

62

61

61

Amortization and accretion of borrowing and debt valuation allowance, net

-105

-105

-105

-105

-105

-105

-105

-105

-105

-13

-66

-57

5

6

6

-

-

-

-

Amortization of issuance costs of subordinated notes

37

36

36

36

37

36

36

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

9,663

-

-

-

6,145

9,500

28,200

11,000

16,000

12,500

3,054

805

1,505

1,250

220

0

1,223

Depreciation

423

454

501

486

510

515

533

556

581

610

641

635

394

394

426

423

355

371

336

Net loss on sale of real estate acquired by foreclosure

0

0

0

0

0

16

-163

3

-505

-7

-54

-

-

-

-

-

-

-

-

Net gain on loans held-for-sale

0

0

0

-1,098

-1,294

222

-138

-1,445

0

0

41

60

113

157

75

-

-

-

-

Net gain on sale of guaranteed portion of loans

705

1,112

941

1,648

1,302

878

1,927

379

968

858

1,138

971

908

960

645

594

1,050

793

430

Originations of government guaranteed loans held-for-sale

8,488

32,956

-10,361

0

0

0

0

0

0

0

1,094

4,414

3,597

6,394

3,251

-

-

-

-

Proceeds from sales of and principal collected on loans held-for-sale

6,558

15,815

10,997

1,709

1,233

3,142

10,761

13,716

6,253

0

1,519

5,907

4,805

6,203

2,960

-

-

-

-

Stock-based compensation expense

382

1,154

1,317

3,180

641

524

535

636

442

204

305

137

3

446

121

-244

1,111

48

49

Deferred tax benefit

-172

-635

-3,135

7,305

-861

786

-1,987

9,239

5,519

-3,922

-2,475

-

-

-

-

-

-

-

-

Net change in accrued interest receivable and other assets, net

-2,559

8,475

-2,310

4,565

-2,118

-11,006

-4,216

86

15,146

1,736

-448

-3,112

1,641

-2,108

1,371

-1,601

511

1,630

-1,601

Net change in accrued interest payable and other liabilities, net

4,522

2,175

-3,380

1,377

5,754

-1,255

-2,218

-3,042

2,630

3,034

-784

-1,163

1,115

1,678

-3,009

-537

683

794

-802

Net cash provided by operating activities

21,942

-5,950

36,764

15,860

23,155

27,382

22,637

32,827

18,164

10,130

12,313

11,308

8,072

4,014

3,510

5,220

5,420

3,584

5,583

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from the maturities or calls and paydowns of available-for-sale securities

28,875

19,483

16,839

16,271

18,482

21,564

15,765

14,315

16,898

65,279

13,931

16,126

11,704

12,818

11,042

6,132

6,745

5,816

15,328

Purchases of available-for-sale securities

8,505

20,725

44,961

35,159

82,719

430,746

298,454

-

-

-

-

0

5,010

45,060

2,976

2,001

0

10,065

10,015

Proceeds from the maturities or calls and paydowns of held-to-maturity securities

1,959

1,737

696

443

2,018

2,156

1,659

2,201

1,887

2,331

2,088

2,507

2,699

2,333

2,653

2,549

2,795

2,307

2,204

Purchases of held-to-maturity securities

0

1,139

2,488

0

0

0

0

-

-

-

-

-

-

-

-

0

1,464

0

1,988

Proceeds from sales of guaranteed portion of loans

0

0

0

10,145

12,351

11,647

21,959

3,627

13,107

9,731

12,644

12,602

8,894

9,606

7,099

4,769

12,754

8,370

6,312

Proceeds from sales of real estate acquired by foreclosure

0

0

0

0

0

266

3,701

667

1,862

3,007

3,258

-

-

-

-

-

-

-

-

Purchases of Federal Home Loan Bank of Dallas stock, net of redemptions

1,860

4,854

-58

4,487

-3,930

6,935

394

19

26

-6,168

39

-5,944

6,139

824

-1,378

-1,346

112

1,126

5

Purchases of Federal Reserve Bank stock

36

35

72

353

371

10

14

9

9

10

3,719

7

7

7

13

-360

2,029

-1,123

1,127

Net increase in loans held for investment

142,750

74,391

-32,028

125,173

-38,846

125,651

-57,027

74,606

-53,225

37,640

56,127

74,757

95,999

92,004

16,996

47,683

83,439

36,277

53,066

Investment in construction of premises and purchases of other fixed assets

118

-25

193

-5,245

135

19

193

66

39

64

157

569

387

350

43

207

109

221

447

Net cash used in investing activities

-122,435

-55,475

1,907

-153,068

62,608

-248,560

-198,944

-53,890

-13,430

46,839

-28,121

75,565

-81,658

-115,276

2,144

-46,345

-64,859

-28,248

-42,804

CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposit accounts

-11,415

-27,477

56,799

-10,896

48,045

-55,498

41,787

59,216

109,053

150,682

-42,637

74,268

-83,257

92,846

86,379

-1,797

43,176

48,209

39,161

Net (decrease) increase in securities sold under agreements to repurchase

-639

-807

-225

-694

646

905

823

638

-372

-317

471

-7

-6,778

-3,154

8,407

214

-1,226

-2,766

5,800

Net proceeds from other short-term borrowed funds

25,000

182,000

-95,000

110,000

-90,000

155,000

0

0

0

-185,250

121,000

-228,250

95,000

20,257

-257

-

-

-

-

Proceeds from other long-term borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,012

-12

Repayment of other long-term borrowed funds

-

-

-

-

-

-

-

0

0

43,626

15,258

-

-

-

-

-

-

-

-

Net repayment of other short-term borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

3,411

-39,735

40,000

-

-

-

-

Proceeds from issuance of common stock due to exercise of stock options

1,123

543

1,218

16

14

185

271

-

-

-

-

579

67

886

2

41

0

0

76

Purchase of treasury stock

-

-

-

-

-

-

-

0

0

0

1,253

-

-

-

-

-

-

-

-

Net cash provided by financing activities

10,332

150,532

-37,208

98,426

-41,295

100,592

42,881

96,704

108,682

-28,440

62,323

-58,418

1,621

150,570

54,531

38,501

62,657

50,432

45,025

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-90,161

89,107

1,463

-38,782

44,468

-120,586

-133,426

75,641

113,416

28,529

46,515

28,455

-71,965

39,308

60,185

-2,624

3,218

25,768

7,804

NONCASH ACTIVITIES:
Noncash investing and financing activities - acquisition of real estate through foreclosure of collateral

1,730

5,963

0

0

0

0

5,270

3,083

0

0

420

-

-

-

-

-

-

-

-

Transfer of loans to held-for-sale

0

0

0

5,155

2,170

3,600

4,260

-

-

-

-

-

-

-

-

-

-

-

-

SUPPLEMENTAL INFORMATION:
Interest paid

10,894

10,357

8,191

1,681

14,390

8,228

6,880

6,094

6,240

6,835

4,304

4,641

2,465

2,221

2,222

2,262

2,416

2,418

2,496

Securities transferred from available-for-sale to held-to-maturity

-

-

50,031

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

-

-

-

-

-

-

-

0

4,200

7,000

500

-

-

-

-

3,000

3,150

2,950

100