Hawthorn bancshares, inc. (HWBK)
CashFlow / TTM
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

12,316

16,114

14,665

13,903

13,290

10,714

5,723

4,391

3,404

3,414

7,774

7,892

7,384

7,282

7,288

7,944

8,459

8,599

8,606

7,634

7,805

7,654

7,382

7,383

7,097

4,974

5,448

2,307

1,235

2,822

-402

2,685

3,354

2,857

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses

4,300

1,150

1,325

1,125

1,325

1,475

1,530

1,835

1,715

1,765

1,685

1,430

1,525

1,425

975

675

500

250

0

0

0

-

-

-

-

2,030

3,000

7,700

8,200

8,900

13,780

11,089

11,472

11,523

0

0

0

Depreciation expense

2,160

2,062

1,981

1,804

1,826

1,797

1,657

1,738

1,697

1,735

1,749

1,694

1,770

1,782

1,788

1,810

1,843

1,810

1,907

1,853

1,788

1,758

1,706

1,669

1,627

1,605

1,615

1,659

1,756

1,858

1,944

1,978

1,957

1,940

0

0

0

Net amortization of investment securities, premiums, and discounts

1,389

1,386

1,408

1,398

1,459

1,506

1,528

1,588

1,614

1,664

1,742

1,848

1,944

1,903

1,728

1,536

1,391

1,317

1,256

1,179

1,099

1,058

1,039

1,075

1,118

1,211

1,291

1,291

1,257

1,161

1,068

979

851

837

0

0

0

Change in fair value of mortgage servicing rights

920

739

530

369

139

27

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities (losses) gains, net

-42

-40

-41

50

158

255

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-130

-

-700

-492

-237

-301

-1,253

-1,085

-841

-576

447

185

-36

-25

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

130

-

602

490

480

8

0

0

0

-

-

-

-

778

0

0

0

-

-

-

-

-

-

-

-

Change in fair value of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Gain on sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

(Gains) losses on sales and dispositions of premises and equipment

26

-48

-53

-59

-35

-3

-3

-109

-109

-123

-131

-6

-6

1

9

3

4

8

27

32

57

60

49

45

19

6

-5

19

35

79

82

73

57

13

0

0

0

Gain on sales and dispositions of other real estate

116

122

116

31

18

14

3

9

-3

45

34

142

208

207

220

115

65

156

190

180

183

188

209

-212

-198

-330

0

0

0

-

-

-

-

-

-

-

-

Gain on branch sale, net

109

2,183

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

236

337

405

408

1,219

1,222

1,228

1,243

0

0

0

Stock based compensation expense

-

-

-

-

-

-

-

-

-

-

4

8

13

17

21

16

11

10

10

15

18

20

20

22

23

19

16

16

20

29

39

44

47

58

0

0

0

Gain on branch sale, net

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales and dispositions of other real estate owned and foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Provision for other real estate owned

33

49

49

18

53

26

67

95

253

284

280

352

207

213

199

99

49

17

129

405

468

585

785

1,356

1,147

3,367

0

0

0

-

-

-

1,158

1,252

0

0

0

Operating lease expense

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accrued interest receivable

103

319

231

852

830

535

1,105

540

628

444

255

128

192

330

-285

-16

215

37

174

-109

-146

-183

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

83

-392

-673

-393

0

0

0

Increase in cash surrender value - life insurance

71

78

72

63

63

58

71

68

69

75

68

69

69

61

67

60

59

64

60

68

69

71

77

76

76

77

0

0

0

-

-

-

-

-

-

-

-

Increase in cash surrender value - life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

(Increase) decrease in other assets

350

-1,142

-883

-1,856

-1,878

-854

-310

-610

710

808

-183

-487

-11

-317

1,147

847

-498

-1,212

-1,926

-635

-400

479

-1,402

-2,150

-4,986

-4,311

-2,998

-2,743

-68

-949

-621

-571

-762

-252

0

0

0

Operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

814

644

0

0

0

-

-

-

-

(Decrease) increase in accrued interest payable

-313

101

30

516

505

481

504

361

136

56

78

57

73

116

30

7

3

9

-92

-94

-64

-53

0

0

0

-

-

-

-

-145

-166

-263

-407

-437

0

0

0

Decrease in other liabilities

-1,356

-718

239

725

927

667

364

-1,109

676

923

151

1,223

-974

387

-583

170

1,130

911

-386

-404

-250

966

1,209

1,595

1,929

1,113

1,937

513

425

253

-549

-58

-105

-104

0

0

0

Origination of mortgage loans for sale

54,544

43,355

36,715

30,744

34,302

36,469

35,996

35,741

33,491

33,245

34,614

36,101

35,651

36,017

39,148

39,374

44,138

51,307

49,866

50,170

44,499

35,434

36,379

37,371

51,448

72,100

93,628

110,000

103,507

99,420

96,005

88,519

83,647

73,272

0

0

0

Proceeds from the sale of mortgage loans

52,355

44,281

35,216

31,886

34,499

36,990

37,582

37,362

34,592

33,794

35,388

36,530

37,250

37,896

40,182

40,119

46,991

51,503

51,145

50,989

42,596

36,623

38,356

38,626

52,924

76,240

94,743

111,512

107,272

99,797

99,704

93,083

84,749

74,983

0

0

0

Gain on sale of mortgage loans, net

1,085

771

628

618

680

721

763

783

761

770

797

838

841

851

936

992

1,205

1,386

1,418

1,426

1,248

1,093

1,207

1,052

1,415

1,944

2,411

3,015

2,871

2,669

2,528

2,180

1,920

1,649

0

0

0

(Increase) decrease in net deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other, net

303

274

174

154

174

186

122

101

86

85

274

303

264

267

213

177

260

252

-2,538

-2,284

-2,361

-2,355

427

221

324

444

563

186

156

125

175

451

333

183

0

0

0

Net cash (used in) provided by operating activities

14,898

19,091

16,161

19,078

17,615

16,302

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Cash flows from investing activities:
Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

11,984

-

10,892

11,447

15,307

13,342

15,269

12,782

10,242

13,554

14,525

15,314

18,845

20,243

0

0

0

-

-

-

-

-

-

-

-

Purchase of certificates of deposit in other banks

-1,229

-988

-992

-1,999

-7,929

-8,787

-12,243

-11,746

-5,812

-3,460

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of certificates of deposit in other banks

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans

27,670

23,530

34,582

64,316

70,736

79,298

73,458

61,781

76,063

95,355

97,838

112,700

137,116

112,353

72,421

66,231

21,326

9,226

26,094

11,187

20,152

28,357

44,116

23,860

16,244

2,525

-11,866

11,567

17,249

26,499

21,254

1,599

-13,799

-32,298

0

0

0

Purchase of available-for-sale debt securities

62,342

31,106

20,548

47,593

87,692

103,078

135,234

117,012

77,399

64,611

43,687

58,814

62,244

113,357

122,772

111,201

116,200

102,367

89,216

76,918

77,530

48,942

52,979

53,822

49,634

88,137

83,672

87,285

97,748

76,498

99,105

102,962

105,774

122,871

0

0

0

Proceeds from maturities of available-for-sale debt securities

43,297

39,467

38,264

37,836

35,497

34,586

32,643

31,366

30,422

31,053

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from calls of available-for-sale debt securities

21,280

16,165

9,620

7,370

3,820

1,685

2,185

5,335

5,835

8,175

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of available-for-sale debt securities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

0

0

37,981

-

29,875

25,583

25,297

23,702

23,135

25,589

27,768

33,341

38,764

40,924

41,942

42,735

42,986

39,752

36,546

36,923

0

0

0

Proceeds from calls of available-for-sale debt securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

21,140

-

15,440

19,980

26,735

28,605

26,625

22,520

17,765

8,275

18,330

24,140

33,910

45,170

43,096

54,962

60,422

54,185

0

0

0

Proceeds from sales of available-for-sale debt securities

-

-

-

-

-

-

0

0

37,376

-

2,656

16,420

16,633

60,720

60,720

44,300

44,807

720

0

0

0

-

-

-

-

32,590

0

0

0

-

-

-

0

-

-

-

-

Purchases of FHLB stock

7,951

6,522

8,868

4,665

3,405

4,713

3,647

2,650

3,590

2,483

1,759

1,959

1,979

1,759

1,203

2,603

4,923

4,915

5,635

4,475

1,195

1,160

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of FHLB stock

6,389

6,390

7,676

4,172

2,912

5,591

3,906

4,125

3,724

1,242

1,239

201

200

0

1,200

1,480

1,480

1,600

800

520

520

439

40

571

573

536

895

367

409

460

104

776

1,135

1,757

0

0

0

Purchases of premises and equipment

1,566

2,168

2,855

2,768

2,896

2,326

1,623

1,137

1,319

1,266

1,398

1,533

1,362

1,262

1,044

946

867

872

870

1,122

1,088

1,342

2,074

2,427

2,861

2,680

2,007

1,523

1,149

1,375

2,118

2,748

3,453

3,393

0

0

0

Proceeds from sales of premises and equipment

140

17

6

6

0

13

13

25

25

12

12

3

3

9

9

6

7

11

31

33

62

65

0

0

0

-

-

-

-

272

269

260

64

47

0

0

0

Payment for branch sale, net

0

6,700

6,700

6,700

6,700

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate and repossessed assets

1,187

1,435

1,490

1,206

609

585

486

635

681

1,115

1,445

2,442

3,441

4,057

4,006

3,199

2,227

1,836

2,058

2,472

4,349

4,560

6,005

6,532

10,131

9,641

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate owned and foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net cash used in investing activities

-3,195

16,558

5,870

-52,093

-85,075

-78,574

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-111,234

-

-48,174

-59,641

-35,674

-50,230

-67,557

-39,060

-37,668

-17,096

-33,261

-14,556

3,531

-9,548

0

0

0

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Net increase in demand deposits

5,688

3,999

32,766

17,327

27,746

17,477

-2,081

-29,403

5,775

9,405

29,470

61,857

22,173

27,940

20,273

11,299

17,231

335

9,434

10,307

9,730

20,318

20,321

15,710

12,520

-4,889

0

0

0

-

-

-

-

-

-

-

-

Net (decrease) increase in interest-bearing transaction accounts

-26,555

3,548

-55,609

-15,483

9,212

29,572

69,641

97,299

97,515

115,737

61,630

39,881

33,620

27,651

24,995

12,472

11,280

-1,051

19,045

16,417

20,683

22,974

20,946

21,094

14,080

13,383

0

0

0

-

-

-

-

-

-

-

-

Net (decrease) increase in demand deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net increase in interest-bearing transaction accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net (decrease) increase in time deposits

-50,134

-8,865

-11,855

11,508

43,863

25,607

7,214

32,803

34,086

-9,996

-1,171

-24,292

-5,349

7,878

595

-7,396

-29,062

-21,601

-21,016

-26,308

-25,038

-30,249

-28,040

-34,346

-38,744

-43,298

-43,014

-35,135

-27,546

-21,136

-18,473

-14,898

-12,126

-15,337

0

0

0

Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase

8,667

2,625

-5,469

-10,769

-12,698

-2,913

105

6,985

2,791

-3,947

4,051

-6,576

-9,519

-25,327

742

9,852

19,160

38,864

8,219

2,993

1,602

-13,114

-5,464

1,350

3,222

10,026

898

-2,344

-5,209

-3,458

-2,088

-4,846

-6,297

-5,552

0

0

0

Repayment of FHLB advances and other borrowings

176,709

176,708

213,570

137,351

89,544

220,542

173,675

194,023

276,011

183,188

191,132

146,277

62,232

24,000

46,000

80,000

77,000

85,000

55,000

13,000

8,000

10,000

10,013

25,033

25,071

15,126

0

0

0

-

-

-

-

-

-

-

-

FHLB advances

215,474

178,474

241,837

148,119

100,313

194,313

162,980

152,930

268,930

211,670

201,540

187,640

103,640

66,900

45,000

107,000

87,000

92,000

100,000

36,000

24,000

29,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

719

0

0

0

67

179

434

968

965

878

811

486

519

623

468

259

162

33

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Cash dividends paid - preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

456

684

912

1,053

1,203

1,353

1,503

1,512

1,513

0

0

0

Cash dividends paid - common stock

2,834

2,684

2,534

2,389

2,190

1,993

1,797

1,611

1,544

1,474

1,349

1,229

1,162

1,097

1,088

1,077

1,067

1,058

1,047

1,036

1,027

1,017

1,007

998

988

978

968

959

949

940

931

921

913

904

0

0

0

Net cash provided by financing activities

-27,122

389

-14,434

11,097

76,770

41,477

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

80,652

-

44,049

51,891

27,380

22,456

59,635

25,373

21,950

17,912

17,743

-2,223

-25,004

-41,133

0

0

0

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-15,419

36,038

7,597

-21,918

9,310

-20,795

-23,609

-10,544

58,231

36,883

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

7,013

-

7,347

-905

-5,476

14,370

-993

-1,465

-2,628

-30,438

5,487

-4,699

-19,705

15,667

-21,095

5,163

25,537

-7,770

0

0

0

Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest

-

-

-

-

-

-

-

-

-

-

-

-

5,873

-

5,416

5,251

5,105

4,992

4,942

4,935

4,992

5,097

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Interest

14,561

15,150

15,552

26,631

14,192

12,719

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

8,833

9,481

10,357

11,290

0

0

0

Income taxes

3,620

3,620

2,471

1,381

241

241

1,085

1,840

3,220

3,975

3,995

3,970

4,085

3,760

4,655

4,525

3,925

3,509

2,174

1,904

2,279

2,265

1,650

1,320

125

131

147

462

807

1,591

0

0

0

-

-

-

-

Noncash investing and financing activities:
Other real estate and repossessed assets acquired in settlement of loans

336

452

928

1,067

944

1,106

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net deposits and fixed assets transferred to other assets related to the Branson branch sale

0

-8,885

-8,885

-8,885

-8,885

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right of use assets obtained in exchange for new operating lease liabilities

55

2,424

2,424

2,424

2,369

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate and repossessed assets acquired in settlement of loans

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

5,941

-

4,707

3,187

2,321

1,975

3,152

1,948

2,402

4,613

0

0

0

-

-

-

-

-

-

-

-

Other real estate and repossessions acquired in settlement of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0