| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||||
Net income | |||||||||||||||||
4,781 | 2,067 | 111 | 5,928 | 3,103 | 2,252 | 1,593 | 2,838 | 3,213 | 2,735 | 2,936 | 3,552 | -681 | 124 | 1,543 | 2,244 | 1,060 | 921 |
Adjustments to reconcile net income to net cash used by operating activities: | |||||||||||||||||
Provision for loan losses | |||||||||||||||||
1,750 | 857 | 1,502 | 632 | 886 | 808 | 760 | 921 | 470 | 265 | 1,456 | 1,710 | 801 | 205 | 15 | 325 | 667 | 250 |
Net amortization of securities premiums/discounts | |||||||||||||||||
-66 | -90 | -102 | -152 | -134 | -146 | -154 | -163 | -166 | -194 | -199 | -203 | -193 | -188 | -177 | -218 | -244 | -282 |
Net amortization of net deferred loan costs/fees and premiums | |||||||||||||||||
-824 | -667 | -814 | -851 | -846 | -907 | -1,046 | -1,148 | -1,255 | -1,269 | -1,427 | -1,529 | -1,549 | -1,606 | -1,608 | -1,812 | -1,869 | -1,821 |
Depreciation and amortization of premises and equipment | |||||||||||||||||
1,120 | 1,084 | 1,067 | 745 | 711 | 718 | 770 | 733 | 714 | 675 | 637 | 642 | 608 | 664 | 663 | 688 | 612 | 634 |
Change in mortgage servicing rights fair value | |||||||||||||||||
2,241 | 2,151 | 1,734 | 378 | 306 | -1,022 | 74 | 488 | 1,052 | 442 | -2,970 | -351 | 2,163 | 2,288 | -536 | 676 | 166 | 174 |
Mortgage servicing rights capitalized | |||||||||||||||||
166 | 165 | 1,253 | 244 | 442 | 582 | 790 | 551 | 514 | 989 | 1,829 | 2,494 | 2,549 | 1,689 | 1,670 | 1,611 | 147 | 94 |
Amortization of consumer servicing rights | |||||||||||||||||
6 | 9 | 7 | 11 | 12 | 12 | 12 | 14 | 14 | 14 | 14 | 19 | 18 | 17 | 16 | 16 | 20 | 22 |
Accretion of fair value adjustment on loans and deposits, net | |||||||||||||||||
-433 | -431 | -995 | -81 | -32 | -134 | -35 | -61 | -49 | -150 | -101 | -139 | -42 | -67 | -47 | -83 | -23 | -24 |
Amortization of other intangible assets | |||||||||||||||||
639 | 640 | 671 | -9 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 23 | 21 | 23 | -2,329 | 2,419 | 47 | 45 |
Amortization of subordinated debt issuance costs | |||||||||||||||||
31 | 13 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Bank-owned life insurance income | |||||||||||||||||
259 | 247 | 1,003 | 243 | 243 | 239 | 246 | 260 | 261 | 257 | 263 | 275 | 274 | 276 | 264 | 295 | 302 | 295 |
Gain on sale and call of securities, net | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 41 | 242 | 0 | 1 | 0 | 294 |
Income on retirement plan annuities | |||||||||||||||||
100 | 96 | 101 | 100 | 119 | 113 | 118 | 114 | 113 | 110 | 111 | 111 | 108 | 106 | 108 | 106 | 173 | 208 |
Gain on sale of portfolio loans | |||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 36 | 0 | 0 | 221 | 144 | - | - | - | - |
Net (gain) loss on sale and write-down of other real estate owned and repossessed assets | |||||||||||||||||
-25 | 92 | -21 | 92 | -30 | -26 | -41 | -37 | -22 | 2 | -69 | 48 | -32 | 125 | -101 | 374 | -43 | 14 |
Deferred income tax expense | |||||||||||||||||
0 | 1 | - | - | - | - | -570 | -37 | -38 | -53 | -431 | -672 | -219 | 60 | 1,431 | -1,678 | 1,356 | 30 |
ESOP expense | |||||||||||||||||
271 | 239 | 261 | 283 | 271 | 282 | 286 | 276 | 298 | 283 | - | - | - | - | - | - | - | - |
Share-based compensation expense | |||||||||||||||||
- | 1,080 | - | - | - | 1,366 | - | - | - | - | - | - | - | - | - | - | - | - |
Net change in: | |||||||||||||||||
Loans held for sale | |||||||||||||||||
52,202 | -9,658 | -17,459 | -20,522 | 36,888 | -25,331 | -36,741 | 4,352 | 39,917 | -34,511 | -27,611 | 14,357 | 32,105 | 3,795 | -15,937 | -5,991 | -942 | 2,458 |
Other assets and liabilities, net | |||||||||||||||||
28,357 | -2,561 | -5,031 | -10,314 | 2,386 | 1,067 | 259 | -5,112 | 877 | 8,349 | -5,994 | -6,696 | 2,349 | 5,235 | -36,307 | 12,708 | 21,765 | 6,276 |
Net cash used by operating activities | |||||||||||||||||
-69,748 | 20,086 | 25,750 | 39,110 | -32,408 | 28,713 | 40,878 | 7,076 | -34,543 | 30,464 | 35,202 | -3,664 | -29,349 | -6,504 | 52,731 | -2,505 | -15,384 | -5,484 |
Cash flows from investing activities: | |||||||||||||||||
Activity in securities available for sale: | |||||||||||||||||
Maturities, prepayments and calls | |||||||||||||||||
7,110 | 7,404 | 5,541 | 7,209 | 5,101 | 5,982 | 4,958 | 5,796 | 5,013 | 5,888 | 5,285 | 5,946 | 4,630 | 9,778 | 4,679 | 6,810 | 6,661 | 12,647 |
Purchases | |||||||||||||||||
15,027 | 14,903 | 19,748 | 14,924 | 10,007 | 20,012 | 10,702 | 11,019 | 0 | 34,442 | 29,544 | 0 | 4,982 | 9,182 | -2 | 1 | 15,090 | 27,593 |
Sales | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 8,735 | 0 | 27,363 | 1 | 3,366 |
Activity in securities held to maturity: | |||||||||||||||||
Maturities, prepayment and calls | |||||||||||||||||
6,301 | 3,511 | 1,596 | 797 | 755 | 691 | 799 | 873 | 786 | 1,261 | 1,242 | 1,198 | 11,906 | 1,027 | 1,147 | 1,033 | 1,293 | 925 |
Net redemption of FHLB stock | |||||||||||||||||
-1,258 | -8,835 | 11,706 | -2,047 | 1,772 | -1,994 | -824 | 0 | -1,507 | 2,114 | 494 | 2,177 | -4,402 | -1,255 | -900 | 314 | 0 | 690 |
Proceeds from sale of portfolio loans transferred to held for sale | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 10,000 | 29,831 | - | - | - | - |
Participation-in loan purchases | |||||||||||||||||
2,064 | 14,497 | 20,240 | 20,047 | 46,777 | 4,875 | 20,611 | 3,055 | 12,400 | 37,527 | - | - | - | - | - | - | - | - |
Loan originations, net of principal payments | |||||||||||||||||
64,328 | 1,717 | 38,171 | 10,044 | 22,626 | 34,830 | 53,378 | 24,288 | 26,653 | 29,914 | 6,016 | 87,914 | 93,696 | 42,005 | -16,288 | 32,930 | 77,117 | 3,820 |
Proceeds from sale of other real estate owned and repossessed assets | |||||||||||||||||
507 | 848 | 295 | 856 | 322 | 165 | 534 | 240 | 922 | 496 | 346 | 654 | 488 | 861 | 686 | 1,616 | 443 | 565 |
Additions to property and equipment | |||||||||||||||||
1,299 | 1,403 | 2,681 | 1,696 | 763 | 405 | 919 | 857 | 695 | 715 | 768 | 653 | 253 | 464 | 613 | 389 | 230 | 254 |
Net cash used by investing activities | |||||||||||||||||
-39,151 | -11,922 | -50,048 | -35,802 | -78,763 | -51,290 | -78,495 | -35,362 | -26,513 | -97,067 | -103,774 | -82,946 | -67,505 | -164 | -503 | 16,692 | -80,899 | -14,854 |
Cash flows from financing activities: | |||||||||||||||||
Net increase in deposits | |||||||||||||||||
132,725 | 151,320 | 22,962 | -16,861 | 75,290 | 113,474 | 10,193 | 9,754 | 69,054 | 119,984 | 69,842 | 24,677 | -41,477 | 60,499 | 24,312 | 4,254 | 102,162 | 60,369 |
Net change in borrowed funds with maturities less than ninety days | |||||||||||||||||
-28,000 | -164,000 | -10,000 | -45,000 | 70,000 | -44,000 | 34,000 | -20,000 | -45,000 | -5,000 | - | - | - | - | -21,800 | 1,800 | -45,000 | -5,000 |
Proceeds from other borrowed funds and subordinated debt | |||||||||||||||||
- | - | 56,865 | 43,855 | 21,075 | 10,000 | 5,000 | 31,250 | 35,000 | 20,000 | 0 | 25 | 0 | 20,000 | 0 | 0 | 25,000 | 20,000 |
Repayment of other borrowed funds | |||||||||||||||||
30,006 | 1 | 35,001 | 21,251 | 30,001 | 30,001 | 25,001 | 1 | 1 | 15,001 | 1 | 1 | 74,501 | 1 | 30,001 | 1 | 1 | 25,001 |
Net change in mortgagors' escrow accounts | |||||||||||||||||
112 | 551 | -104 | -644 | -7 | 85 | -309 | 491 | 1,201 | -1,196 | -309 | 1,070 | 10 | -223 | -23 | 514 | -433 | 381 |
Treasury stock purchased | |||||||||||||||||
- | - | 0 | 806 | 0 | 462 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by financing activities | |||||||||||||||||
86,051 | -12,130 | 34,722 | -40,707 | 136,357 | 49,096 | 23,603 | 21,494 | 60,254 | 118,787 | 99,532 | 75,727 | 12,733 | 80,275 | -27,512 | -67,090 | 81,728 | 50,749 |
Net change in cash and cash equivalents | |||||||||||||||||
-22,848 | -3,966 | 10,424 | -37,399 | 25,186 | 26,519 | -14,014 | -6,792 | -802 | 52,184 | 30,960 | -10,883 | -84,121 | 73,607 | 24,716 | -52,903 | -14,555 | 30,411 |
Supplemental cash flow information: | |||||||||||||||||
Interest paid on deposits | |||||||||||||||||
7,349 | 8,229 | 7,075 | 5,349 | 4,438 | 3,561 | 3,115 | 2,823 | 2,568 | 2,416 | 2,273 | 2,086 | 2,168 | 2,167 | 2,196 | 2,219 | 2,154 | 2,134 |
Interest paid on borrowed funds | |||||||||||||||||
1,755 | 3,470 | 2,057 | 1,178 | 908 | 1,084 | 1,290 | 1,263 | 1,168 | 1,303 | 1,171 | 1,162 | 1,402 | 1,352 | 1,402 | 1,583 | 1,453 | 1,495 |
Income taxes paid, net | |||||||||||||||||
304 | 555 | 1,008 | 1,044 | 52 | 730 | 314 | 20 | 4,482 | 745 | 648 | 1,546 | 466 | 1,040 | 4 | 132 | 693 | 265 |
Transfer of loans to other real estate owned and repossessed assets | |||||||||||||||||
54 | 990 | 393 | 407 | 541 | 313 | 316 | 241 | 131 | 597 | 195 | 831 | 255 | 416 | 543 | 767 | 192 | 942 |
Transfer of loans to loans held for sale | |||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 5,088 | - | - | - | - | - | - | - | - |
Increase in MSRs due to change in accounting principle | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -1 | 0 | 1 | 2,725 |