Great western bancorp, inc. (GWB)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12
Operating activities
Net (loss) income

167,365

157,916

144,786

121,253

109,065

104,952

96,243

72,995

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization

13,655

13,093

13,599

16,259

20,984

33,696

42,881

47,333

Net loss on sale of securities and other assets

-2,825

-5,731

-2,545

-4,146

310

90

917

7,305

Amortization of FDIC indemnification asset

1,386

2,778

4,748

3,836

7,552

14,604

14,758

-

Gain on redemption of subordinated debentures

0

0

111

0

0

-

-

-

Net gain on sale of loans

5,680

6,829

9,635

8,053

6,694

5,539

13,724

11,794

Net loss on FDIC indemnification asset

-

-

-

-

-2,277

4,506

-2,931

-

Net loss on sale of premises and equipment

-

-

-

-

1,983

-3,280

-632

0

Net loss from sale/writedowns of repossessed property

-

-

-

-

5,382

8,644

3,650

-6,822

Gain on acquisition of business

-

-

-

-

-

-

-

3,950

Provision for loan and lease losses

40,947

17,986

21,539

16,955

19,041

684

11,574

30,145

Provision for loan servicing rights loss

-4

-73

68

13

0

0

-

-

Provision for repossessed assets

-

-

-

-

-

-

-

13,820

Proceeds from FDIC indemnification claims

-

-

-

-

-

-

-

57,090

Stock-based compensation

4,582

4,419

6,810

3,517

1,236

0

0

-

Originations of residential real estate loans held for sale

289,973

264,514

275,015

294,221

281,098

216,361

429,009

420,491

Proceeds from sales of residential real estate loans held for sale

293,758

273,343

290,111

299,223

288,306

219,790

463,730

428,797

Net deferred income taxes

8,124

21,302

2,631

-1,563

7,040

-12,463

-6,088

-14,719

Changes in:
Accrued interest receivable

-249

5,772

3,645

1,337

1,468

1,544

329

3,326

Other assets

-

-

-

-

1,814

1,721

2,931

-15,005

Other assets

-48,524

-34,209

-2,405

4,703

917

1,153

1,202

-1,284

FDIC indemnification asset

-

-

-

-

-

-

-

-573

Accrued interest payable and other liabilities

2,949

-2,742

-64,517

20,078

30,330

-441

-35,519

21,653

Net cash provided by operating activities

191,659

182,429

131,509

184,809

198,763

144,138

149,084

217,720

Investing activities
Purchase of securities available for sale

774,707

334,900

313,701

278,291

353,249

222,711

520,929

874,857

Proceeds from sales of securities available for sale

175,000

25,000

5,100

145,934

105,190

47,309

72,436

-

Proceeds from maturities of securities available for sale

257,201

254,985

233,357

308,033

269,284

307,090

495,495

858,709

Proceeds from sale of mortgage servicing rights

-

-

-

-

-

-

-

-510

Net increase in loans

348,479

490,804

318,876

503,394

553,976

464,143

307,813

753,714

(Payment) recovery of covered losses from FDIC indemnification claims

-14

-770

-706

-960

2,127

8,914

5,284

-

Purchase of premises and equipment

15,643

13,878

6,409

15,456

3,895

4,978

3,318

12,451

Proceeds from sale of premises and equipment

606

4,599

5,260

741

3,576

2,736

5,163

2,567

Proceeds from sale of repossessed property

9,981

7,468

7,334

12,173

35,942

32,700

43,467

118,834

Purchase of FHLB stock

89,948

64,172

38,345

48,295

50,335

16,890

23,503

6,716

Proceeds from redemption of FHLB stock

87,528

79,190

47,819

43,045

50,512

9,733

21,536

-

Net cash paid in business acquisition

-

-

-

15,669

0

0

-

23,014

Net cash used in investing activities

-698,468

-533,311

-379,193

-352,139

-494,824

-300,240

-212,182

-690,132

Financing activities
Net (decrease) increase in deposits

567,004

756,145

373,408

355,001

334,885

103,972

63,693

254,100

Net decrease in securities sold under agreements to repurchase and other short-term borrowings

-21,915

-41,729

347,148

81,762

23,584

-55,875

-18,009

20,923

Proceeds from FHLB advances and other long-term borrowings

810,000

150,000

0

394,827

295,906

-

-

-

Repayments on FHLB advances and other long-term borrowings

745,000

518,200

584,000

346,000

290,000

-

-

-

Net increase in FHLB advances and other borrowings

-

-

-

-

-

184,487

84,986

132,078

Proceeds from issuance of subordinated notes payable, net

-

-

-

-

34,632

0

0

-

Redemption of subordinated debentures

-

-

-

-

0

-

-

-

Redemption of subordinated debentures

0

0

3,625

0

41,295

0

0

-

Common stock repurchased

94,351

0

5,605

0

60,000

0

0

-

Taxes paid related to net share settlement of equity awards

1,247

4,032

383

0

0

-

-

-

Net decrease in note payable to NAB

-

-

-

-

-

-

-

-7,000

Dividends paid

62,904

53,002

43,474

31,419

20,520

102,000

41,400

41,800

Net cash provided by financing activities

451,587

289,182

83,469

454,171

277,192

130,584

89,270

358,301

Net increase (decrease) in cash and cash equivalents

-55,222

-61,700

-164,215

286,841

-18,869

-25,518

26,172

-114,111

Supplemental disclosure of cash flow information
Cash payments for interest

114,891

69,633

44,989

33,456

31,150

33,570

43,832

51,502

Cash payments for income taxes

46,884

50,020

71,964

54,570

52,319

75,695

58,599

51,249

Supplemental disclosure of noncash investing and financing activities
Loans transferred to repossessed properties

25,668

25,926

7,786

-4,331

7,636

33,502

28,980

-62,158

Repossessed property transferred to premises and equipment

-

-

-

-840

0

0

-

-