Guaranty bancshares, inc. (GNTY)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash flows from operating activities
Net earnings

6,278

7,369

7,530

6,043

5,337

6,512

5,091

4,634

4,359

2,808

4,139

3,976

3,516

3,574

3,370

2,500

2,677

Adjustments to reconcile net earnings to net cash provided from operating activities:
Depreciation

989

972

960

951

1,003

943

869

808

780

777

786

798

801

921

690

795

777

Amortization

335

338

342

350

348

347

349

275

257

251

258

260

264

201

301

237

241

Deferred taxes

-613

-

-573

-603

-43

-

-399

976

0

-

-54

-2,562

2,402

-102

-102

-630

-496

Premium amortization, net of discount accretion

-912

-

-

-

-943

-

-

-

-

-

-

-

-

-

-

-

-

Premium amortization, net of discount accretion

-

-

-

-

-

-

-

1,086

1,065

-

1,224

1,244

1,113

1,446

1,033

1,323

1,172

Net realized gain on securities transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

-19

37

Gain on sale of loans

1,189

780

910

683

477

437

637

678

556

491

589

472

429

487

486

519

226

Provision for credit losses

1,400

0

100

575

575

500

500

650

600

600

800

800

650

400

840

1,950

450

Origination of loans held for sale

25,017

20,746

20,901

20,804

13,560

14,565

19,523

20,341

16,412

14,587

20,900

16,098

13,232

19,474

12,494

16,926

13,726

Proceeds from loans held for sale

24,550

22,999

22,022

18,657

14,610

14,033

21,065

20,765

17,387

16,582

20,524

15,581

14,778

20,484

12,816

19,507

12,835

Write-down of other real estate and repossessed assets

102

343

-6

-4

10

15

392

0

0

-

-

-

-

-

-

-

-

Write-down of other real estate and repossessed assets

102

343

-6

-4

10

15

392

0

0

-

-

-

-

-

-

-

-

Net gain on sale of premises, equipment, other real estate owned and other assets

2

-59

-10

-43

34

611

-375

-110

7

1,017

-27

-57

-27

-1,322

1,250

-44

8

Stock based compensation

155

170

179

177

137

214

143

118

117

108

124

63

60

49

67

56

39

Net change in accrued interest receivable and other assets

-1,775

3,289

-5,475

9,592

9,826

717

705

5,150

-685

-733

1,081

-496

-2,265

2,153

-872

1,219

1,286

Net change in accrued interest payable and other liabilities

-45

1,637

-900

93

11,302

462

739

436

593

-389

-285

1,888

21

-378

-249

1,257

334

Net cash provided by operating activities

9,630

11,223

14,304

-3,806

10,325

6,252

9,354

3,740

8,868

6,445

4,981

6,007

12,236

5,818

5,403

8,442

2,746

Cash flows from investing activities
Securities available for sale:
Purchases

19,551

701,118

0

0

5,120

304,848

100,987

10,771

13,156

-

-

-

-

-

-

-

-

Purchases

-

-

-

-

-

-

-

-

-

-

-

51,243

61,965

-

0

7,888

18,252

Proceeds from sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,721

53,467

21,754

Proceeds from maturities and principal repayments

10,142

709,090

8,143

7,184

5,855

6,396

7,610

6,989

6,098

206,591

7,250

6,472

5,203

205,698

7,040

8,537

38,444

Securities held to maturity:
Purchases

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

6,993

79,649

Proceeds from sales

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,866

Proceeds from maturities and principal repayments

-3,024

-954

-1,477

-1,549

-1,666

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities and principal repayments

-

-

-

-

-

-

-

-

3,721

-

2,547

2,058

2,892

3,215

4,147

7,555

3,419

Net originations of loans

-12,194

29,598

-42,035

-38,263

3,760

-

-

-

-

-

-

-

-

-

-

-

-

Net purchases of premises and equipment

2,054

1,447

1,310

1,179

1,154

-91

381

484

2,059

642

365

499

814

965

-455

615

474

Net proceeds from sale of premises, equipment, other real estate owned and other assets

177

335

25

-3

296

1,770

410

1,081

407

-

-

-

-

-

-

-

-

Net repayments (originations) of loans

-

-

-

-

-

-

-

-

-41,922

-

-

-

-

-

-

-

-

Net proceeds from sale of premises, equipment, other real estate owned and other assets

177

335

25

-3

296

1,770

410

1,081

407

449

1,436

203

191

-217

2,253

220

353

Net increase in loans

-

-

-

-

-

-

-

-

-

-

-

44,209

8,375

-

51,313

43,212

73,629

Net cash (used in) provided by investing activities

-20,456

37,412

-33,700

-26,755

5,303

-3,968

-47,503

-10,352

-46,911

-47,502

-981

-72,456

-62,868

-32,586

-6,298

11,071

-106,168

Cash flows from financing activities
Net change in deposits

43,622

-6,509

-20,677

21,689

90,821

34,141

-11,086

-24,578

15,262

59,018

-29,071

-24,798

94,380

41,430

38,818

-30,803

56,521

Net change in securities sold under agreements to repurchase

743

-263

549

-728

-686

1,121

-1,481

193

-484

-41

-1,233

1,490

1,804

-1,850

-2,108

4,758

-2,904

Proceeds from FHLB advances

60,000

104,500

45,000

55,000

56,000

66,000

105,000

200,000

20,000

0

60,000

0

0

0

45,178

25,000

50,000

Repayment of FHLB advances

44,504

110,005

36,504

53,004

121,005

80,004

96,504

155,005

4

20,004

20,004

4

30,005

5,004

75,536

759

5,051

Proceeds from line of credit

20,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other debt

-

-

-

-

-

-

-

-

-

0

0

1,000

1,000

9,000

0

10,000

0

Repayment of other debt

-

-

-

-

-

-

-

-

-

0

0

19,929

357

357

357

18,000

0

Repayments of debentures

-

500

0

1,000

500

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

10,817

73

870

7,265

1,932

-

-

-

-

-

-

-

-

-

-

-

-

Sale of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,557

Exercise of stock options

72

372

72

0

481

-

-

-

-

0

0

60

24

36

0

0

0

Cash dividends

2,076

4,091

1,961

0

2,013

2,014

1,794

1,675

1,548

1,549

1,437

2,576

0

-

-

-

-

Net cash provided by financing activities

67,040

-16,569

-14,391

14,692

21,166

15,175

-6,780

18,981

33,226

37,424

7,755

5,998

66,846

35,012

5,994

-20,393

107,123

Net change in cash and cash equivalents

56,214

-

-

-

36,794

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

12,369

-4,817

-

11,755

-60,451

16,214

8,244

5,099

-880

3,701

Supplemental disclosures of cash flow information
Interest paid

4,915

5,431

5,908

6,187

6,174

5,676

5,302

4,296

3,539

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

3,199

2,774

-

-3,537

2,789

2,587

Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

1,200

2,400

910

1,300

Supplemental schedule of noncash investing and financing activities
Transfer loans to other real estate owned and repossessed assets

179

-

-

-

130

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends accrued

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Transfer loans to other real estate owned and repossessed assets

179

203

45

-38

130

713

154

249

188

783

525

306

161

379

5,569

108

185

Reclassification of certain tax effects from accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Net change in fair value of KSOP shares

-

-

-

-

-

-

-

-

-

-

0

0

-2,639

1

0

-1

-1,538