Howard Bancorp Inc HBMD Cash Flow

Howard bancorp inc (HBMD)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income
3,343	5,900	4,637	2,088	4,256	146	3,979	-2,278	-5,675	1,883	1,713	2,038	1,566	954	1,748	1,641	960	487	-785	791	649	9,173	236	737	266	557	407	514	483	439	388	395	399	354	337	350	344
Adjustments to reconcile net income to net cash from operating activities:
Provision for credit losses
3,445	750	608	1,110	1,725	2,850	696	1,425	1,120	800	491	340	200	735	402	515	385	821	230	535	250	685	2,069	325	176	284	140	165	361	68	308	201	141	424	558	70	112
Deferred income tax
921	126	1,612	397	1,025	-4,996	-324	2,818	-966	-1,285	11	-141	283	-988	-22	-74	-145	-866	-1,663	14	-504	5,717	285	76	-253	334	-215	45	-119	48	365	187	-82	386	211	203	191
Provision for other real estate owned
21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	490	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	384	0	202	191
Depreciation and amortization
558	563	576	623	586	-	-	-	-	313	309	348	317	-	314	308	305	296	266	233	213	197	186	177	174	158	149	146	146	142	135	124	122	112	115	115	113
Stock-based compensation
240	-289	417	-97	209	47	254	-26	598	128	221	149	197	108	73	107	111	-21	210	153	94	106	41	72	27	67	28	29	0	-	-	-	-	-	-	-	-
Net (accretion) amortization of investment securities
-	-	-	-	-	-	-4	-4	-21	-	-31	-17	-13	-5	-6	3	11	9	1	1	2	-7	1	-1	0	-1	-2	-2	-12	-10	-10	-12	-10	-9	-48	-111	-13
Net accretion of discount on purchased loans
-204	-331	-384	-461	-464	-488	-1,197	-481	-147	-109	-112	-294	-60	-122	-272	-151	-169	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of securities
-	-	-	-	-	-225	0	0	-139	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net amortization of intangible asset
699	717	745	767	784	800	834	863	359	106	128	135	136	136	166	176	177	214	81	84	83	53	17	21	20	20	14	0	0	-	-	-	-	-	-	-	-
Loans originated for sale
79,847	153,718	159,720	175,514	84,354	88,707	160,388	183,318	153,972	177,643	168,885	179,757	147,163	180,471	167,154	141,349	110,325	126,838	199,665	141,330	123,589	107,942	97,818	77,900	25,744	4,292	1,712	3,910	4,205	2,119	2,402	2,268	3,988	1,643	510	385	760
Proceeds from sale of loans originated for sale
107,798	171,673	152,742	166,956	80,285	96,519	189,076	198,871	156,244	190,510	172,804	164,719	165,351	176,872	174,670	132,952	121,526	143,144	202,907	126,863	118,683	105,206	89,388	66,470	13,098	1,818	2,591	3,535	4,730	1,066	2,167	2,973	3,701	999	523	1,478	744
Realized and unrealized gains on mortgage banking activity
1,036	1,951	2,054	2,308	1,485	821	985	1,623	1,816	2,337	2,730	3,167	2,801	1,114	2,847	2,587	1,550	1,556	1,910	2,133	1,372	1,477	1,388	1,326	150	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sales of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	-	31	43	37	10	4	19	-5
Loss on sale of other real estate owned, net
-28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-37	0	0	0	-131	459	0	0	0
Gain on sale of portfolio loans, net
-	-	-	-	-	-	-	-	-	-	227	5	-184	-80	-40	652	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash surrender value of BOLI
445	466	485	460	447	455	454	420	285	205	210	200	145	162	156	154	151	130	103	89	86	96	95	94	92	72	73	70	67	0	0	0	0	-	-	-	-
Decrease in interest receivable
-	-	-	-	-	-	-	109	-540	-	277	70	-3	396	-87	124	216	-77	586	-118	-35	394	116	-19	51	13	-29	8	37	31	66	62	-66	-50	138	17	6
Increase in interest payable
-	-	-	-	-	-	122	301	39	-	101	43	8	-14	-2	-18	39	-26	100	2	14	3	32	3	18	-15	23	9	4	-20	-2	3	9	-8	-28	8	1
Increase in other assets
3,179	-1,219	2,183	-3,251	243	-360	-2,211	-2,585	115	791	1,315	1,796	-1,858	547	491	-141	-80	603	-1,834	-422	2,021	-344	343	67	-225	504	163	9	305	-89	-275	-470	-258	306	-292	-71	5
Decrease in other liabilities
-2,723	101	589	2,094	-1,166	2,548	-3,284	-384	29	476	96	-1,446	1,291	-258	-41	-627	-534	-564	977	-1,900	-703	4,075	-374	751	-5	-357	326	-324	-88	14	370	-133	41	69	-134	120	205
Other - net
-13	-	-	-	73	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
29,632	24,248	-2,100	-2,225	638	8,794	30,521	18,893	-3,397	12,522	2,152	-19,010	21,238	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,545	1,859	771	-	1,371	2,307	1,148
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,747	10,482	-	1,830	-16,238	-8,256	-436	-7,847	-10,769	-12,291	-2,034	1,858	72	844	-	-	-	-	-	-	-	-
Proceeds from maturities of interest bearing deposits with banks
-	-	-	-	-	-	-	-	-	494	9,139	4,693	5,187	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investment securities
64,441	-	-	-	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investment securities available-for-sale
-	-	-	-	-	-	-	44,535	0	-	18,789	10,071	17,854	19,400	11,533	13,508	40,528	28,964	-9,574	14,991	8,499	-5,453	25,997	6,000	0	15,516	16,000	13,997	5,000	3,000	9,998	17,024	16,996	0	20,801	8,114	10,270
Purchases of investment securities held-to-maturity
-	-	-	-	-	-	-	-	-	-	0	500	2,500	-3,000	6,000	250	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales, maturities and calls of investment securities
10,350	28,393	6,206	42,287	38,872	52,375	4,877	1,462	110,577	6,000	3,000	4,010	10,510	18,205	31,508	26,004	20,014	18,502	12,510	11,014	19,017	15,239	15,014	10,540	8,017	8,027	10,028	16,069	14,534	12,066	4,052	7,572	9,789	4,107	20,350	9,099	7,096
Net (increase) decrease in loans and leases outstanding
16,164	16,099	28,770	54,501	-193	25,933	13,400	5,147	5,515	44,589	11,952	34,214	29,566	15,256	14,986	23,975	14,056	1,569	17,574	12,439	17,534	4,930	14,048	15,738	13,818	3,290	12,625	20,832	8,932	23,441	10,004	12,022	3,332	6,320	13,980	7,494	-4,511
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,200	1,800	0	0	0	-	-	-	-	3,000	0	0	8,000	0	0	0	0	-	-	-	-
Proceeds from the sale of other real estate owned
727	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	141	0	43	48	436	2,626	0	0	0
Proceeds from the sale of portfolio loans
-	-	-	-	-	-	-	-	-	39	0	5	3,754	1,173	1,005	2,085	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of premises and equipment
377	890	117	251	171	0	170	1,252	521	-41	266	83	101	107	121	102	297	640	201	4,243	189	797	185	434	594	617	359	46	11	57	7	298	250	285	272	80	63
Cash acquired in acquisition
-	-	-	-	-	-9,604	0	9,604	-38,889	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,746	-37,067	-	12,657	-20,659	-7,205	52,791	-23,120	-11,632	-6,395	-14,396	-22,151	-18,806	-7,268	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-69,905	-64,888	-39,697	-12,575	33,894	-109,612	-7,010	-58,122	143,430	-50,555	-18,867	-42,522	-30,570	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15,914	-21,724	-10,353	-	-14,703	-6,589	1,274
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits
74,534	58,742	-61,593	43,748	-12,338	61,176	58,986	15,684	-20,383	1,823	7,376	2,737	43,238	4,962	5,655	-5,057	55,767	4,644	7,121	11,641	-5,440	-14,349	8,697	3,707	4,073	-1,430	8,067	-6,744	-6,008	15,941	7,156	576	10,158	4,380	5,506	1,636	1,843
Net decrease in short-term borrowings
-	-	-	-	-	-	-	-	115,978	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in interest-bearing deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,580	32,056	-	2,092	17,330	8,415	30,490	-9,061	8,870	14,567	11,492	-2,297	-2,910	12,100	7,290	3,395	-767	45
Net decrease in short-term borrowings
-806	-38,035	53,493	92,400	-6,307	34,219	-88,755	-180,313	54,020	1,915	18,701	54,470	-51,757	26,355	18,554	11,998	-18,972	16,806	-4,711	10,993	-7,595	-3,328	15,339	991	-10,031	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in FHLB advances
-59,000	-	-	-	20,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,926	-2,743	-5,236	-	-2,107	10,546	6,196	-10,197	-6,698	4,010	845
Proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	15,004	12	0	0	-18,688	-21	12,541	8,978	1,463	-3,049	8,000	500	7,000	-4,500	2,000	7,500	-2,000	0	10,000	4,000	2,000	0	0	0	0	2,000	0	2,000
Repayment of long-term debt
-	-	-	-	-	-	-	-	-	3,023	0	2,489	11,488	0	0	9,500	2,500	0	9,000	0	0	7,000	0	0	2,000	0	4,000	2,000	2,000	-4,000	0	0	4,000	0	0	0	0
Proceeds from issuance of common stock, net of cost
195	269	-136	186	77	26	-65	17	119	76	6	160	38,457	16	0	19	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash consideration paid in acquisition
-	-	-	-	-	-	-	-	9,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
6,677	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	109	57	32	31	32	31	32	31	32	31	31	32	33	69	145	157	157	157	173	115	81	82
Net cash provided by (used in ) financing activities
126,246	75,608	-8,255	42,399	-38,568	100,658	-29,814	69,652	-91,467	15,795	26,095	54,878	18,450	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,595	8,055	24,297	-	10,378	4,798	4,651
Net increase (decrease) in cash and cash equivalents
85,973	34,968	-50,052	27,599	-4,036	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,670	43,216	-	-25,146	37,357	19,490	-45,509	22,067	23,996	7,926	32,752	15,900	7,350	5,254	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	48,566	-	9,380	-6,654	9,118	-4,512	11,070	-22,163	16,631	19,993	-10,659	460	4,029	6,846	-8,900	1,595	-10,760	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,393	-11,384	-1,170	-	-2,774	-11,810	14,715	1,816	-2,954	516	7,073
SUPPLEMENTAL INFORMATION
Cash payments for interest
4,230	5,609	5,662	6,026	5,044	4,574	3,668	3,044	1,837	1,511	1,256	1,168	1,109	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash payments for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,197	930	-	706	684	645	667	617	564	497	1,031	-22	436	434	476	489	532	518	455	328	477	514
Cash payments for income taxes
15	-	-	-	-	-	-	-	0	-	-	-	-	2,220	0	925	0	200	1,500	1,190	0	125	370	0	0	0	282	425	0	15	15	130	330	280	0	0	50
Cash payments for operating leases
-	-	-	-	-	-	-	-	594	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transferred from loans to other real estate owned
755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Cash payments for operating leases
195	268	284	420	365	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets acquired in business combination (net of cash received)
-	-	-	-	-	0	722	-722	971,431	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transferred from loans to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,486	0	112	-	-	327	1,478
Liabilities assumed in business combination
-	-	-	-	-	0	0	0	897,569	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities arising from obtaining right of use assets (see Note 8)
2,011	0	2,826	-2,826	18,009	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill reduction for adjustments to acquired net deferred tax assets
0	-	-	-	4,748	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities arising from obtaining right of use assets (see Note 8)
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-