Hv bancorp, inc. (HVBC)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15
Cash Flows from Operating Activities
Net income

149

207

333

408

62

139

270

223

132

179

236

-

-

-

-

-

-

-

-

Net Income

-

-

-

-

-

-

-

-

-

-

-

-

98

39

253

496

169

119

242

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

139

124

147

118

98

87

75

71

61

53

53

49

53

46

50

51

48

46

45

Impairment of real estate owned, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

5

-

-

-

-

Amortization of net deferred loan costs

-121

-128

-102

-90

-57

-52

-42

-84

-44

-46

-21

-10

-4

-11

8

14

-6

2

-1

Amortization of net securities premiums

-17

-17

-19

-22

-27

-27

-29

-86

-31

-29

-44

-44

63

-134

-76

-330

-12

-75

-79

Amortization of operating lease right-of-use Assets

132

124

73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of available-for-sale securities, net

-

0

211

-

4

-

-

0

1

0

34

-

-

-

-

-

-

-

-

Loss (gain) on sale of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4

Gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

0

0

11

6

6

2

7

Gain from derivative instruments, net

384

-576

177

769

395

-49

-317

21

185

-74

-390

138

676

-625

-498

-

-

-

-

Provision for Loan Losses

111

38

244

287

241

24

59

111

76

80

-1

78

-12

12

123

27

26

2

-46

Deferred income taxes

182

5

18

214

93

36

-6

20

-4

-9

-82

21

148

-281

-46

229

102

28

54

Accretion of deferred gain on sale-leaseback transaction

-

-

-

-

3

5

4

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred gain on sale-leaseback transaction

-

-

-

-

-

-

-

-

-

-

4

4

4

4

4

4

4

4

4

Earnings on bank owned life insurance

38

39

41

40

39

40

40

40

39

41

34

27

26

29

28

28

27

29

28

Stock based compensation expense

62

62

61

60

59

50

64

-

-

-

-

-

-

-

-

-

-

-

-

ESOP compensation expense

35

33

34

34

31

33

34

20

20

23

24

-

-

-

-

-

-

-

-

Loans held for sale:
Originations, net of prepayments

77,226

83,989

83,078

66,956

17,106

31,621

44,160

39,654

22,234

37,585

42,481

50,693

26,430

42,586

48,245

90,258

-1,591

34,681

38,345

Proceeds from sales

79,369

87,182

79,533

38,782

28,474

32,783

42,827

35,170

26,873

36,623

46,011

45,144

27,303

61,996

50,340

79,570

0

32,132

46,076

Gain on sales

1,629

1,936

1,680

407

890

591

901

702

620

909

1,236

1,066

744

2,136

1,569

997

990

974

1,155

Change in fair value of loans held for sale

6

120

40

682

-376

57

61

147

-22

-140

45

119

-2

-778

83

417

16

102

-151

Changes in assets and liabilities which provided (used) cash:
Accrued interest receivable

145

-7

-137

24

53

66

28

86

81

119

34

66

29

-6

4

29

-19

-10

2

Other assets

163

-

125

-

156

-

72

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid income taxes

-

-

-

-

-

-

-

46

170

22

-155

-25

127

65

-143

21

42

-29

-38

Mortgage banking derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

460

180

9

-119

Prepaid and Other assets

-

-

-

-

-

-

-

-69

69

-105

17

-200

-809

561

478

-37

-257

350

-132

Other liabilities

259

-424

702

478

-298

-144

177

-20

117

-81

-9

81

191

-278

-234

557

-142

-75

88

Net cash provided by operating activities

985

1,991

-3,949

-28,449

10,574

879

-1,378

-4,866

3,969

-1,401

2,957

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities
Net (increase) decrease in loans receivable

-2,096

-

-

-

4,039

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

513

17,719

778

-10,748

846

-3,719

7,434

Net Increase in loans receivable

-

-

8,141

-

4,039

6,887

12,582

-

23,057

21,528

26,650

13,311

2,868

1,444

1,021

3,036

-442

2,365

5,485

Activity in available-for-sale securities:
Proceeds from sales

0

-140

12,147

-

1,956

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales

-

-

-

-

-

-

-

-

-

0

11,158

1,882

500

903

1,151

5,762

0

3,130

2,761

Maturities and repayments

2,395

4,110

1,549

1,349

1,974

567

1,460

1,564

1,051

763

423

2,828

-937

1,036

1,065

2,502

-440

1,836

1,517

Purchases

4,329

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases

-

-

-

-

-

-

-

-

-

-

-

744

12,372

4,700

500

7,607

0

1,020

3,278

Activity in held-to-maturity securities:
Maturities and repayments

-

-

-

-

7

-

-

8

8

4

7

-

-

-

-

-

-

-

-

Purchase of equity securities

-

-

-

0

0

0

500

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of restricted investment in bank stock

275

37

295

1,057

38

37

1,257

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of restricted investment in bank stock

76

38

404

-

42

-

1,547

-

-

-

14

-

-

-

-

-

-

-

-

Redemption of restricted investment in bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-444

-6

392

-1

118

-28

Proceeds from sale of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

235

0

61

Purchases of premises and equipment

153

287

231

214

227

140

178

112

57

81

26

96

107

132

46

97

26

12

68

Purchase of bank owned life insurance

-

-

-

-

-

-

-

0

1

0

1,856

-

-

-

-

-

-

-

-

Net cash used in investing activities

-190

-6,470

5,433

-189

-325

-8,211

-11,510

-29,016

-24,968

-24,138

-16,930

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-18,934

-3,795

655

-2,366

-861

1,141

-4,464

Net decrease in deposits

-5,582

-809

9,446

16,001

-14,332

22,402

15,656

20,609

21,686

21,849

778

-1,321

-41,286

73,614

-2,297

-4,965

5,150

646

-1,937

Net decrease in advances from borrowers for taxes and insurance

-202

762

-1,224

981

-342

654

-969

633

215

631

-605

332

193

289

-769

302

117

383

-555

Net increase in securities sold under agreements to repurchase

-

-2,104

-1,685

1,011

315

-752

-2,524

2,443

329

-746

830

475

655

-347

-1,829

1,748

550

-1,269

-602

Net increase in short-term borrowing from Federal Home Loan Bank

5,000

-

-

0

0

-3,000

-7,000

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock option exercise

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term borrowings from Federal Home Loan Bank

-

-

-

-

-

-

-

2,000

0

7,000

3,000

-

-

-11,000

30,000

12,000

0

3,000

1,000

Repayment of long-term borrowings from Federal Home Loan Bank

-

0

1,000

2,000

0

1,000

1,000

2,000

-2,000

2,000

3,000

1,000

-19,000

0

30,000

2,000

0

0

1,000

Purchase of treasury stock

145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-905

-2,151

5,537

35,990

-14,359

18,304

4,163

33,685

21,139

24,734

1,003

-

-

-

-

-

-

-

-

Decrease in Cash and Cash Equivalents

-110

-6,630

7,021

-

-4,110

-

-8,725

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-22,472

62,556

-4,895

7,085

5,817

2,760

-3,094

Increase (decrease) in Cash and Cash Equivalents

-

-

-

-

-

-

-

-

140

-805

-12,970

-18,975

-40,893

76,480

-3,462

-6,029

5,802

182

-124

Supplementary Disclosure of Cash Flow Information
Cash paid during the year of interest

1,052

799

1,213

662

840

701

579

467

231

267

331

-

-

-

-

-

-

-

-

Cash paid during the year of interest

-

-

-

-

-

-

-

-

-

-

-

-

246

199

214

187

185

190

191

Cash paid during the year for income taxes

19

-

-

-

-

-

305

-

-

-

-

-

-

-

-

10

70

-53

53

Supplementary Schedule of Noncash Investing Activities
Transfer of loans to real estate owned

-

-

-

-

-

-

127

14

0

0

127

0

0

0

65

-

-

-

-

Recognition of operating lease right-of-use assets

-

4,063

2,106

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of operating lease obligations

-

4,041

2,086

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-