Homestreet, inc. (HMST)
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 (Loss) Attributable to Parent

7,139

10,988

13,827

-5,588

-1,715

15,227

11,835

7,099

5,866

34,915

13,839

11,209

8,983

2,294

27,701

21,749

6,407

8,678

9,961

12,376

10,304

5,621

4,975

9,362

2,301

-861

1,662

12,068

10,940

21,498

21,991

18,678

19,959

7,026

15,258

1,284

-7,449

Adjustments to reconcile net income to net cash used in operating activities:
Depreciation, amortization and accretion

10,343

9,665

9,972

9,979

9,883

6,222

6,567

6,053

6,051

5,880

5,854

6,104

4,807

2,878

4,224

4,802

3,763

4,177

3,544

2,525

4,631

4,210

6,141

2,734

4,418

4,662

3,640

4,144

2,501

-

-

-

-

-

-

-

-

Amortization of deferred fees and discounts on loans held for investment, net of additions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-365

-382

-172

-

4

-394

-146

Amortization of premiums on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,301

-1,384

-1,192

-

-745

-617

-626

Amortization of intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

25

27

-

34

32

33

Amortization of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

598

462

491

-

455

345

321

Provision for credit losses

14,000

-2,000

0

0

1,500

500

750

1,000

750

0

250

500

0

350

1,250

1,100

1,400

1,900

700

500

3,000

500

0

0

-1,500

0

-1,500

400

2,000

4,000

5,500

2,000

0

-

-

-

-

Net fair value adjustment and gain on sale of loans held for sale

10,430

6,707

13,904

32,823

25,560

22,668

26,801

29,938

14,359

48,122

56,467

60,438

53,304

47,160

89,842

123,269

7,833

-13,429

6,062

-10,213

7,948

4,030

-1,340

9,406

3,254

-8,174

17,059

-19,627

-13,034

-2,310

12,846

10,325

3,804

-

-

-

-

Gain on sale of mortgage servicing rights, gross

0

0

0

0

6,206

0

0

0

0

157

-51

-56

-50

-67

327

-428

-85

28

-61

-28

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on early retirement of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

11

-586

0

0

0

0

-

-

-

-

-

-

-

-

Loss on sale of HLC mortgage origination assets, net

-144

-463

4

-577

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains Losses on Loans Held for Investment

55

89

57

51

85

142

-4

93

-124

-26

-147

1,046

157

-509

2,135

-403

-869

-203

-118

-1,679

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of mortgage servicing rights

4,119

6,783

9,192

10,715

7,916

11,320

17,182

18,081

15,288

22,345

20,856

16,685

18,526

31,033

24,907

20,876

13,704

18,259

21,226

22,517

14,415

79,218

-12,361

-12,289

-8,076

117,231

-17,459

-17,819

-18,349

-18,232

-14,789

-11,295

-7,522

51,274

-6,331

-6,136

-7,358

Fair value adjustment of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,795

Fair value adjustment of foreclosed loans transferred to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

490

-

-

-

-

Change in fair value of mortgage servicing rights

20,338

-1,391

12,322

10,711

14,260

21,532

-3,365

-3,730

-21,148

4,699

10,194

15,334

6,388

-48,014

4,010

21,813

35,471

-7,466

27,874

-9,471

16,546

14,616

5,339

9,359

11,377

-6,627

8,121

-8,156

1,528

3,791

10,925

19,405

-2,441

8,086

26,141

7,452

-1,679

Debt Securities, Available-for-sale, Realized Gain (Loss)

112

121

-18

137

-247

1

-4

16

222

-399

331

551

6

2,394

48

62

35

1,404

1,002

0

0

1,185

480

-20

713

1,766

-184

238

-48

141

397

911

41

-

-

-

-

Net gain on sale of loans originated as held for investment

1,864

3,129

2,765

2,027

1,613

1,787

797

-628

0

2,439

1,864

214

83

1,426

388

591

202

456

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net fair value adjustment, gain on sale and provision for losses on other real estate owned

-51

34

0

46

64

79

0

0

92

-121

148

301

55

-114

-1,007

-258

-388

114

-344

145

-91

231

-90

244

487

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of fixed assets

-1

4

-128

0

0

59

-1

-238

-64

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on lease abandonment and exit costs

-627

-803

1,703

-6,094

-11,425

977

-271

-6,068

266

-604

-3,948

-502

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net fair value adjustment and gain (loss) on Other Real Estate Owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

126

510

108

-

-

-

-

-

-

-

-

Gains (Losses) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,000

Change in deferred income taxes

7,031

-10,506

577

-683

40,515

-8,405

-4,418

1,952

-1,906

13,607

-4,003

114

-7,624

-31,374

-8,067

1,554

6,397

-4,898

-7,199

-8,855

4,563

162

-2,121

14,615

1,008

-2,426

-7,767

-9,509

-1,374

16,604

1,728

-9,250

-3,972

-

-

-

-

Gain on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,527

137

100

-

-37

127

236

Share-based compensation expense

477

-1,350

846

731

-390

833

826

820

882

727

767

642

720

584

651

427

400

277

153

237

393

416

417

207

476

566

308

281

343

358

199

1,882

334

3

4

4

4

Bargain purchase gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

381

796

-79

6,628

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses on other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

208

-299

638

1,216

2,623

5,578

2,754

3,564

8,217

4,739

10,559

Depreciation and amortization on premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

743

592

529

-

502

503

464

Origination of loans held for sale

378,996

524,885

693,583

1,502,446

1,036,635

1,225,192

1,602,020

1,797,731

1,450,347

1,974,206

2,124,242

2,025,055

1,640,341

2,587,299

2,651,235

2,317,262

1,613,692

1,665,644

1,971,380

2,052,915

1,575,683

955,061

1,327,658

835,762

676,630

277,267

1,251,994

1,467,683

1,431,625

1,739,800

1,598,908

1,136,166

698,851

740,752

507,689

393,426

300,720

Proceeds from sale of loans originated as held for sale

358,839

600,702

1,000,325

1,448,766

1,047,718

1,273,542

1,829,571

1,739,034

1,606,661

2,195,355

2,120,435

1,901,343

1,867,783

2,808,036

2,639,955

2,362,263

1,569,466

1,894,546

2,083,828

1,905,818

1,359,798

960,394

1,177,648

656,353

625,747

319,859

1,409,537

1,407,722

1,608,533

1,652,599

1,491,034

1,023,171

561,196

812,949

408,346

356,271

432,314

Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable and other assets

17,074

-10,401

4,117

-4,837

-3,077

13,016

-1,549

-10,224

6,787

-14,810

-18,858

-6,780

13,978

5,082

3,871

34,192

17,782

-19,874

7,122

18,695

6,208

66

-22,219

-1,398

-1,869

-25,468

3,352

29,923

3,405

-27,281

5,818

32,907

16,737

-8,277

13,335

8,550

1,347

(Increase) decrease in accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-737

-208

Decrease in income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-106

-42

(Decrease) increase in accounts payable and other liabilities

2,920

7,330

21,029

24,560

-20,372

-6,192

12,597

-8,886

6,539

6,188

-3,602

-4,534

21,905

-12,686

-13,492

-21,578

4,501

12,548

2,156

-20,051

-4,655

7,266

-8,413

-10,686

9,140

21,866

-6,324

-18,195

19,652

21,294

-9,743

-24,110

-4,838

63

-8,825

5,782

18,110

Decrease in lease liability

-3,396

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-14,038

76,555

290,507

-96,015

-12,217

57,212

193,034

-71,491

107,256

190,687

-21,960

-157,400

148,000

136,484

-72,396

-62,985

-45,897

241,682

124,038

-141,382

-216,027

3,990

-116,384

-182,208

-54,034

42,651

146,261

-52,682

167,800

-55,735

-89,239

-104,086

-142,810

92,843

-65,570

-43,978

106,425

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of investment securities

166,533

183,752

122,632

17,465

6,683

42,526

49,292

27,835

70,007

71,228

50,408

76,054

170,381

274,961

111,925

262,735

94,240

70,178

127,563

49,972

0

-

-

-

-

30,954

65,635

192,093

29,013

24,599

37,083

65,340

158,143

103,926

191,945

10,556

2,001

Proceeds from Sale of Debt Securities, Available-for-sale

33,792

40,269

25,190

24,414

94,998

7,616

16,233

5,357

16,875

55,031

27,828

312,247

2,386

143,322

9,640

1,706

9,761

84,179

28,080

0

0

20,555

9,753

11,541

54,305

73,482

3,572

34,840

15,754

-325,361

39,635

85,492

34,047

83,954

146,710

2,415

6,799

Principal repayments and maturities of investment securities

34,605

60,881

33,168

23,700

28,022

24,366

29,575

25,474

27,383

24,645

31,113

23,399

26,644

51,227

23,919

27,962

9,137

10,963

9,545

8,729

7,561

-8,027

7,585

18,255

6,200

29,406

23,477

10,050

8,029

7,663

8,860

14,447

4,843

28,769

28,160

2,019

3,559

Proceeds from sale of other real estate owned

0

394

0

226

518

376

1

0

459

2,894

1,041

1,462

708

1,362

4,146

0

164

1,157

2,811

767

1,375

3,119

1,187

1,883

2,949

2,260

2,699

12,472

2,225

2,174

28,473

9,941

8,978

25,902

33,778

17,641

67,325

Proceeds from sale of loans originated as held for investment

244,725

240,609

189,719

190,441

148,585

229,766

88,477

230,527

0

184,103

116,862

22,311

1,469

72,562

41,934

28,724

10,298

34,111

0

0

0

0

4,586

210,744

56,079

86,327

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of mortgage servicing rights

66

311

1,849

57

1,052

55

55

65,263

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights purchased from third parties

-

-

-

-

-

-

-

-

-

0

0

211

354

0

0

0

0

0

3

3

3

11

3

3

2

2

10

6

4

3

6

11

48

27

27

29

4

Capital expenditures related to other real estate owned

-

-

-

-

-

-

-

-

-

0

0

0

57

450

238

32

0

-

-

-

-

-

-

-

-

0

0

0

22

33

4,580

11

52

117

-18

613

246

Proceeds from Divestiture of Businesses and Interests in Affiliates

1,398

7,856

6,035

2,048

166,250

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of loans held for investment and principal repayments, net

98,023

229,182

109,282

146,813

337,197

245,072

269,779

342,605

275,065

303,439

274,669

283,263

137,267

112,759

83,133

206,282

207,807

215,658

126,401

41,841

92,162

54,296

152,342

135,013

101,841

186,494

147,951

61,904

51,524

63,017

38,945

-33,675

-5,208

-55,158

-26,468

-80,299

-34,155

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

576

572

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

1,002

1,061

36

522

638

2,668

1,130

2,347

3,579

6,515

6,982

6,392

22,397

6,550

5,781

5,252

6,899

3,599

5,285

7,540

4,136

5,994

2,556

5,477

5,871

10,153

7,532

2,476

2,675

3,047

3,577

3,784

994

461

660

6

631

Net cash used for acquisitions

0

-1

1

14,835

32,554

0

0

0

0

-

-

-

-

98,512

6,753

1

17,494

20,211

0

0

112,196

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

49,028

-63,688

24,010

61,251

62,353

-29,703

-185,393

-46,166

-303,934

-114,509

-135,930

-6,501

-299,249

-27,735

-114,685

-415,332

-261,520

-138,314

-218,816

-86,035

24,831

-60,023

-146,189

110,154

11,819

-12,157

-191,380

-199,117

-57,230

-63,883

-7,223

74,409

-106,161

89,252

42,502

91,170

108,956

CASH FLOWS FROM FINANCING ACTIVITIES:
(Decrease) increase in deposits, net

-82,936

-464,444

80,442

326,115

271,459

-103,764

34,665

71,225

288,026

90,466

-98,800

151,974

166,158

-178,473

217,269

415,648

465,053

-100,804

-13,311

-21,570

247,591

17,234

7,746

46,354

160,537

-148,370

134,952

28,420

-42,131

-4,979

77,065

-95,884

-9,122

-47,222

63,322

-73,187

-62,900

Proceeds from Federal Home Loan Bank advances

3,943,000

1,800,000

410,000

3,164,000

2,224,300

2,652,000

3,440,000

3,024,100

2,613,400

3,415,000

3,059,500

2,693,100

1,804,600

3,410,976

3,702,200

4,002,510

3,618,950

3,286,700

3,397,700

2,494,500

1,440,000

2,084,127

2,127,627

1,526,000

966,300

1,370,290

1,212,156

1,695,904

1,569,042

4,949,364

4,449,969

525,521

0

-1,330

602

796

35,000

Repayment of Federal Home Loan Bank advances

3,826,000

1,459,000

792,000

3,376,000

2,557,300

2,536,000

3,632,000

2,867,100

2,740,900

3,571,000

2,791,500

2,688,100

1,810,600

3,401,476

3,722,200

4,007,010

3,767,950

3,294,200

3,294,700

2,241,000

1,434,000

2,085,127

1,913,127

1,488,500

1,066,300

1,262,390

1,282,956

1,470,004

1,644,542

4,822,811

4,383,961

517,850

0

8,670

10,602

37,421

86,325

Proceeds from federal funds purchased and securities sold under agreements to repurchase

8,173,000

3,301,000

353,503

4,430,200

2,967,000

1,777,370

937,700

301,000

495,000

523,548

25,000

238,618

88,000

12,500

52,304

0

0

9,200

0

14,824

58,180

50,000

43,627

14,681

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of federal funds purchased and securities sold under agreements to repurchase

8,298,000

3,176,000

353,503

4,457,200

2,959,000

1,813,370

882,700

326,000

470,000

523,548

25,000

238,618

88,000

12,500

52,304

0

0

9,200

0

24,274

98,730

14,225

44,083

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from other borrowings

255,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of other borrowings

160,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance Lease, Principal Payments

285

319

322

598

455

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank stock repurchase

57,877

23,155

24,444

65,023

48,632

28,018

53,150

54,314

44,307

56,163

223,542

-48,906

-43,033

482,538

-74,838

-71,467

-51,571

-63,092

-62,880

-23,247

-4,438

-356

-347

-340

-330

-322

-338

-329

-330

-330

-330

0

0

-

-

-

-

Purchase of Federal Home Loan Bank stock

62,273

36,790

9,160

56,538

35,668

32,783

45,725

60,548

39,591

50,316

50,380

49,020

44,342

87,350

74,207

71,333

46,546

62,782

66,790

28,993

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-3

-11

3,541

0

0

0

0

-

-

-

-

0

0

0

3,000

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

0

1,626

-3,163

3,163

0

0

-

-

-

-

-

-

-

-

Repurchase of common stock

16,476

17,482

52,735

28,326

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Payments) proceeds from equity raise, net

-

-

-

-

-

-

-

-

-

-

-

0

-46

58,713

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock issuance, net

238

105

0

0

0

-1

58

0

11

0

0

0

11

49

0

2,664

0

1

50

62

65

0

-120

189

61

60

46

40

42

413

47

0

87,744

-

-

-

-

Dividends paid on common stock

3,574

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit related to the exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

6

55

-46

14

-517

251

256

260

2,433

7

46

113

535

0

0

0

-

-

-

-

Net cash used in financing activities

-20,429

-29,775

-339,331

66,676

-41,032

-28,530

-124,852

226,991

190,253

-59,751

158,484

156,860

158,814

-110,796

197,850

477,190

321,089

-107,987

85,884

216,750

217,558

51,848

222,269

99,331

56,021

-34,492

61,380

254,735

-117,146

122,852

43,450

11,787

78,622

-57,222

53,322

-109,812

-117,225

NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

14,561

-16,908

-24,814

31,912

9,104

-1,021

-117,211

109,334

-6,425

16,427

594

-7,041

7,565

-2,047

10,769

-1,127

13,672

-4,619

-8,894

-10,667

26,362

-4,185

-40,304

27,277

13,806

-3,998

16,261

2,936

-6,576

3,234

-53,012

-17,890

-170,349

124,873

30,254

-62,620

98,156

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for:
Interest paid

17,876

22,587

22,331

25,844

22,563

20,545

18,182

16,758

12,067

13,542

9,590

11,741

8,016

9,605

4,162

8,792

6,113

4,626

4,344

4,204

3,473

3,486

3,626

3,587

3,572

3,404

3,445

3,644

17,880

4,662

5,561

5,057

6,024

6,781

7,401

8,372

9,084

Federal and state income taxes paid, net

0

16,025

6,290

18,697

-7,387

-5,978

305

-108

-4

-45,267

46,764

-180

-23,202

123

15,782

-104

-1,360

-5,205

252

8,462

7,819

17,268

-18,252

7,610

0

3

82

1,272

5,442

14,630

8,296

3,450

0

1,104

3

4

4

Non-cash activities:
Loans held for investment foreclosed and transferred to other real estate owned

0

0

0

735

180

0

0

455

0

0

0

114

1,011

395

493

815

353

301

0

533

3,562

1,909

725

915

2,007

1,976

4,606

2,922

3,303

13,823

9,498

24,349

3,458

3,689

3,721

25,549

5,735

Loans transferred from held for investment to held for sale

120,530

298,705

260,226

203,758

153,794

210,701

170,937

215,941

36,626

172,830

133,386

110,407

2,871

67,807

64,290

33,081

4,567

43,757

16,522

11,604

4,295

0

0

0

310,455

39,164

54,403

0

0

-

-

-

-

-

-

-

-

Loans transferred from held for sale to held for investment

2,087

2,217

1,765

856

3,867

14,523

46,581

5,440

5,040

58,363

11,877

25,862

3,947

2,049

3,133

7,129

0

0

0

1,119

24,549

75,573

0

17,095

0

-

-

-

-

-

-

-

-

-

-

-

-

Ginnie Mae loans (derecognized) recognized with the right to repurchase, net

-298

-1,863

1,731

-871

-27,278

-2,089

-1,577

-6,606

8,598

3,041

2,851

-1,786

-572

6,808

2,692

-4,645

1,920

4,512

2,751

-9

603

6,191

-184

360

473

2,585

1,648

-1,005

3,132

2,344

814

-576

3,092

-670

-825

-3,138

4,353

Receivable from sale of mortgage servicing rights

0

-4,828

-11,370

0

18,315

-77

-43

3,457

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition:
Acquisition:
Bargain purchase gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,628

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for lease obligations:
OCBB [Member]
Common stock issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

124,214

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-