Home bancshares, inc (HOMB)
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
Operating Activities
Net income

507

73,262

72,763

72,164

71,350

71,030

80,284

76,025

73,064

23,309

14,821

50,097

46,856

48,590

43,620

43,509

41,427

37,433

35,741

33,906

31,119

29,926

27,371

28,429

27,337

12,950

18,363

17,659

17,548

16,939

16,095

15,490

14,498

14,167

14,312

13,546

12,716

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation & amortization

4,750

4,738

4,842

4,908

4,939

4,617

4,725

4,740

5,123

8,082

2,998

2,962

2,674

6,466

2,630

2,730

2,722

2,568

2,537

2,556

2,635

2,624

2,504

2,465

2,523

2,317

1,696

1,602

1,610

1,530

1,504

1,503

1,453

738

1,636

1,625

1,682

Fair value adjustment for marketable securities

5,800

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of securities, net

3,936

4,580

4,198

3,810

3,355

3,604

3,820

3,460

3,321

-

-

3,974

3,724

130

3,581

3,926

3,954

4,692

5,124

5,225

6,742

10,001

9,477

18,504

-2,334

-482

-9,572

8,475

365

2,325

1,803

1,396

1,172

1,017

537

244

-292

Accretion of purchased loans

7,647

9,133

8,462

9,240

9,055

9,434

10,745

10,668

10,608

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation

2,482

2,544

2,646

2,685

2,844

2,579

2,621

1,847

2,037

1,729

1,549

1,572

1,855

1,370

2,446

1,385

1,427

1,143

1,563

698

521

454

479

502

638

358

1,535

-358

-237

419

266

116

116

97

104

107

74

Tax benefits from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

2,890

116

29

1,119

409

113

68

15

815

214

73

123

497

291

24

24

1,068

88

170

51

436

60

31

35

Gain on assets

700

882

637

-103

526

-134

1,168

4,230

-1,962

2,503

-1,659

2,546

833

1,447

-3,471

-7

53

-94

-155

-246

501

167

677

1,304

548

32

1,270

835

483

-73

-226

508

-88

-500

75

-930

210

Provision for credit losses

86,823

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on acquisitions

-

-

-

-

-

-

-

-

-

0

0

0

3,807

-

-

-

-

0

0

0

1,635

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

0

0

2,722

1,600

4,926

35,023

387

3,914

1,703

5,536

5,692

5,677

8,890

7,106

5,381

3,787

5,370

4,241

6,115

6,938

-

-

-

-

1,250

167

1,333

0

2,250

0

0

1,250

Deferred income tax effect

-32,809

9,134

5,080

5,546

9,214

-11,304

1,393

9,202

3,998

49,951

-13,187

-4,810

2,130

239

6,879

5,063

524

5,730

-2,426

214

3,650

2,946

5,189

7,039

3,524

14,579

2,770

-157

6,968

1,672

-3,711

1,829

-224

-347

-1,825

-3,792

-3,273

Increase in cash value of life insurance

560

562

714

740

736

737

735

730

654

738

478

463

310

320

344

353

395

328

268

295

308

319

322

281

288

235

203

218

180

202

200

214

257

279

323

287

239

Originations of mortgage loans held for sale

137,945

135,756

138,713

112,328

82,654

88,890

86,904

98,980

72,636

89,610

61,030

104,227

78,691

92,517

89,802

103,230

68,932

71,802

79,797

79,656

49,603

58,214

62,516

60,017

47,372

60,479

101,230

20,197

46,476

49,516

58,870

46,145

28,232

34,634

33,271

22,623

26,345

Proceeds from sales of mortgage loans held for sale

139,915

130,672

118,450

111,073

64,345

64,588

86,871

95,779

80,250

94,717

57,378

109,162

84,244

79,462

88,912

91,566

77,188

72,310

77,728

70,924

51,145

62,271

55,235

57,705

50,288

47,267

104,350

12,260

46,307

46,307

55,801

39,429

29,530

35,003

26,596

22,797

36,169

Changes in assets and liabilities:
Accrued interest receivable

4,979

-2,471

-1,435

-1,296

1,343

36

3,227

-503

-347

4,637

1,538

32

244

1,440

850

-285

-299

713

2,530

905

-533

136

1,808

-1,018

-1,079

-1,786

-149

57

-1,938

1,433

38

-1,011

294

513

2,700

-2,999

-839

Other assets

-1,443

7,154

4,002

23,669

-7,738

-15,582

-5,374

13,473

8,219

15,766

16,909

4,088

1,645

2,113

-3,463

7,601

5,269

-21,138

27,608

3,409

433

-1,114

-1,637

-5,156

-20,166

-10,220

-16,812

-16,779

-20,836

-9,489

-31,169

-7,293

-20,344

-17,713

627

-10,606

-9,347

Accrued interest payable and other liabilities

36,069

-14,165

11,215

-17,114

10,275

-4,469

14,535

1,126

12,886

4,403

-7,074

-31,374

3,012

16,742

-2,685

-21,680

18,608

-6,925

4,088

966

26,522

3,492

2,001

2,318

14,847

-41,486

-2,782

4,791

3,372

-7,035

8,980

-11,266

-210

-1,310

3,640

-3,341

-3,697

Net cash provided by operating activities

97,103

59,749

68,101

39,819

79,746

47,264

96,844

67,323

92,471

62,296

-5,718

20,614

62,879

11,632

66,741

21,270

76,058

73,821

21,300

35,783

74,159

58,547

42,597

67,576

76,675

-9,404

29,137

41,286

52,018

15,545

53,104

11,097

37,933

33,966

7,944

22,780

27,986

Investing Activities
Net increase in federal funds sold

-

1,650

-575

625

-1,375

175

0

1,325

22,284

-19,564

-3,030

1,700

-150

-

-1,325

6,525

-5,500

-1,550

0

6,100

-5,850

44,149

-43,155

22,075

-18,650

11,025

-8,225

375

14,298

-4,352

-1,200

800

-275

2,570

3,925

-6,420

26,673

Net (increase) decrease in loans, excluding purchased loans

111,479

96,927

-304,163

70,603

-108,733

209,278

-63,907

183,514

116

45,204

62,994

-208

29,229

229,527

101,303

165,708

225,784

234,942

355,934

268,760

14,456

112,968

196,232

5,624

-69,168

63,110

32,055

-1,483

-37,440

14,596

22,872

-31,924

-72,037

-89,318

-9,264

-46,036

-23,914

Purchases of investment securities – available-for-sale

157,808

170,229

180,546

151,282

107,453

119,866

125,996

113,039

141,812

170,153

130,954

185,159

206,216

6,475

95,773

83,373

67,837

132,924

123,691

72,600

53,416

-4,087

5,633

1,739

72,171

64,750

145,453

76,861

76,991

57,724

115,884

91,181

162,878

145,965

118,247

64,195

79,844

Proceeds from maturities of investment securities – available-for-sale

137,960

162,871

149,702

133,176

82,410

95,237

86,392

79,729

86,674

63,495

50,938

30,232

39,615

66,618

77,647

73,421

66,706

118,095

64,332

53,121

54,958

40,922

73,699

60,597

78,333

66,595

35,671

49,447

74,495

97,186

74,944

141,394

70,981

82,214

52,880

39,189

39,975

Proceeds from sale of investment securities – available-for-sale

-

-

-

-

-

-

255

0

809

4,364

1,234

11,596

15,538

84,936

0

844

1,377

3,103

0

927

4

-

-

-

-

282,284

-111

278

0

380

0

192

1,051

-

-

-

-

Purchases of investment securities – held-to-maturity

-

-

-

-

-

-

-

-

-

62

56

0

163

-

-

-

-

1

6

4,016

2,540

71,464

95,028

76,540

22,672

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of investment securities – held-to-maturity

-

-

-

-

-

6,353

4,959

9,149

10,899

10,018

19,087

21,646

7,411

16,814

11,786

11,050

9,581

15,384

11,531

11,007

14,205

10,280

4,232

3,127

4,835

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of other investments

11,384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from foreclosed assets held for sale

2,471

2,230

6,430

1,817

3,713

1,505

7,360

6,993

3,391

5,419

3,644

3,506

6,165

2,854

3,698

4,100

3,326

-981

5,774

7,892

8,243

11,722

9,353

11,330

13,624

32,255

12,310

6,062

8,980

13,462

7,225

14,637

3,482

-1,162

11,531

7,947

7,260

Proceeds from sale of SBA loans

4,057

9,309

3,273

4,616

4,645

1,505

883

4,218

2,837

0

3,237

6,223

4,170

-

-

-

-

-

-

-

-

-

-

-

-

0

1,493

0

592

-

-

-

-

0

0

0

4,524

Proceeds from sale of insurance book of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,938

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of premises and equipment, net

4,545

5,839

3,772

2,432

2,855

2,880

1,648

-519

3,941

808

1,958

-3,211

5,636

-273

2,921

-942

1,376

3,978

-1,117

2,634

5,041

-3,613

176

1,822

1,682

2,765

1,293

3,411

5,246

5,242

5,946

1,164

1,166

203

10,777

1,263

779

Return of investment on cash value of life insurance

46,028

-

-

-

-

-

-

-

-

0

0

0

592

-

-

-

-

0

0

0

27

-

-

-

-

0

0

0

540

-

-

-

-

0

0

0

700

Net cash paid – market acquisitions

421,211

-

-

-

-

-

-

-

-

3

-186,482

0

-41,363

-

-

-

-

-3,277

0

289,082

-429,902

-

-

-

-

-

-

-

0

64,956

0

0

140,234

-

-

-

-

Net cash (used in) provided by investing activities

-515,911

-84,139

292,886

-74,909

87,818

-224,842

43,248

-579,009

-18,975

-151,375

65,630

-106,346

-126,540

-79,462

-108,748

-150,966

-219,507

-228,421

-394,717

-558,045

428,974

-71,254

-238,137

11,404

50,785

199,884

-147,199

-22,627

54,108

199,715

-60,483

99,602

123,466

27,322

-50,858

21,294

22,423

Financing Activities
Net increase in deposits

236,531

231,013

-299,946

279,864

167,674

275,040

-111,295

339,418

8,113

-60,268

155,685

200,181

181,025

102,134

127,345

135,429

139,010

13,523

74,978

-24,189

10,680

12,467

-182,086

-146,501

-54,536

11,727

-76,417

-140,201

-18,016

-114,816

-161,060

-86,870

-2,064

-27,018

-14,744

-17,738

-44,267

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

-16,843

-13,311

14,497

-9,698

8,560

1,533

2,396

-10,565

2,526

-1,742

-10,373

9,948

2,503

11,940

-1,722

-10,834

-6,483

-5,753

-16,604

-27,869

2,150

15,570

16,293

7,078

-23,460

6,301

-2,154

-3,733

10,916

399

-5,121

-5,911

10,212

-88

-3,225

-4,202

-4,625

Net decrease in federal funds purchased

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in FHLB and other borrowed funds

-329,997

70,004

208,004

205,728

367,218

-108,542

-53,901

-194,889

184,127

-254,855

87,996

355,562

-93,328

115,171

-39,480

-44,656

69,712

-1,220,381

349,245

589,430

-420,480

-

-

-5,825

4,274

-129,178

139,981

-156

19

-37,939

10,017

2,230

24

124

7,223

123

27,023

Retirement of subordinated debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

25,000

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

422

-

-

-

-

197

319

38

900

233

203

544

102

142

189

21

1,143

176

96

110

7

366

111

48

49

155

197

-47

126

1,260

153

151

394

488

130

38

59

Repurchase of common stock

23,857

9,492

11,024

12,687

51,685

61,106

28,175

7,881

7,114

-

-

-

-

975

0

0

8,842

0

0

0

2,015

-

-

-

-

-

-

-

-

6,989

449

905

5,206

-

-

-

-

Common stock issuance costs – market acquisitions

-

-

-

-

-

-

-

-

-

0

630

0

195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefits from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

0

0

2,890

116

29

1,119

409

113

68

15

815

214

73

123

497

291

24

24

1,068

88

170

51

436

60

31

35

Dividends paid on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

37

624

625

Dividends paid on common stock

21,608

21,687

21,747

21,829

20,364

20,746

20,924

19,071

19,126

19,099

15,711

12,901

12,662

12,641

12,635

12,283

10,537

10,519

10,166

8,448

8,447

6,754

6,646

4,885

4,885

4,880

4,219

4,217

3,655

7,292

3,383

2,812

2,828

2,255

2,276

1,539

1,538

Net cash provided by (used in) financing activities

499,642

72,695

-475,993

29,922

-263,033

303,460

-103,778

496,828

-198,828

172,692

31,920

129,131

264,101

-11,681

152,773

157,018

45,698

181,767

397,662

529,102

-418,090

-12,248

189,471

-149,987

-78,435

-137,287

57,679

-148,292

-35,624

-139,034

-195,522

-98,407

535

-29,785

-84,159

-24,157

-77,984

Net change in cash and cash equivalents

80,834

48,305

-115,006

-5,168

-95,469

125,882

36,314

-14,858

-125,332

83,613

91,832

43,399

200,440

-79,511

110,766

27,322

-97,751

27,167

24,245

6,840

85,043

-24,955

-6,069

-71,007

49,025

53,193

-60,383

-129,633

70,502

76,226

-202,901

12,292

161,934

31,503

-127,073

19,917

-27,575