IBERIABANK Corp IBKC Cash Flow

Iberiabank corp (IBKC)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Cash Flows from Operating Activities
Net Income (Loss) Attributable to Parent
384,155	370,249	142,413	186,777	142,844	105,382	65,128	76,395	53,538	48,826	158,354
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization, and accretion, including amortization of purchase accounting adjustments and market value adjustments
16,360	-7,534	-4,113	10,633	12,017	15,791	19,423	21,685	16,772	11,042	10,377
Amortization of purchase accounting and market value adjustments
-	-	-	-	-	7,536	-	-47,383	-30,653	-52,850	-7,051
Provision for expected credit losses
41,657	40,385	51,708	41,521	30,908	19,060	5,145	20,671	25,867	42,451	45,370
Share-based compensation expense - equity awards
24,584	20,278	16,436	14,523	13,906	11,985	10,703	9,907	-9,114	7,797	6,586
(Gain) loss on sale of OREO and long-lived assets, net of impairment
1,740	-4,429	-1,581	3,298	1,137	14	251	42	943	-76	-644
Loss on sale of securities available-for-sale
-979	-49,900	-148	2,001	1,575	771	2,277	3,739	3,422	5,251	6,736
Gain on early termination of FDIC loss share agreements
0	2,708	0	-17,798	-	-	-	-	-	-	-
Cash paid for early termination of FDIC loss share agreements
0	5,637	0	6,502	-	-	-	-	-	-	-
(Gain)/loss on sale of OREO, net
-	-	-	-	-	4,221	6,022	4,985	1,476	2,524	10
Impairment of FDIC loss share receivables and other long-lived assets
-	-	-	-	-	6,437	37,893	-	-	-	-
Gain on acquisition
-	-	-	-	-	-	-	-	-	3,781	238,893
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	9,681
Loss on abandonment of fixed assets
-	-	-	-	-	-	-	2,743	-	-	154
Loss on impaired securities
-	-	-	-	-	-	-	-	509	-517	-
Impairment
-	-	-	-	-	-	-	-	0	-	-
Amortization of premium/discount on securities, net
-	-	-	-	-	-13,793	-18,953	-21,013	-18,233	-15,050	-3,719
Derivative (gains) on swaps
-	-	-	-	-	-	-	-1	-2	3	198
Deferred income tax expense
30,703	153,518	71,257	-16,654	4,551	-25,027	-35,930	-7,527	-11,750	-3,607	82,297
Originations of mortgage loans held for sale
1,967,532	1,469,847	1,844,358	2,460,033	2,464,588	1,675,538	2,116,460	2,432,367	1,659,226	1,772,486	1,587,095
Proceeds from sales of mortgage loans held for sale
1,933,973	1,543,724	1,922,003	2,525,945	2,516,936	1,720,443	2,320,885	2,388,716	1,637,458	1,803,214	1,618,761
Realized and unrealized gain on mortgage loans held for sale, net
64,825	45,338	62,438	74,486	83,957	63,034	65,393	70,811	43,955	47,689	35,108
Tax benefit associated with share-based payment arrangements
-	-	-	-	-	2,105	886	1,221	1,454	637	1,346
Change in other assets, net of other assets acquired
-	-	-	-	-	-	17,559	-7,437	-5,572	-163,741	207,687
Other operating activities, net
-180,506	204,998	30,991	-73,865	-26,798	10,354	-76,431	-7,319	-1,572	54,162	-25,225
Net Cash Provided by Operating Activities
578,820	446,421	263,646	308,088	196,703	119,363	309,783	-12,188	15,758	149,724	-122,956
Cash Flows from Investing Activities
Proceeds from sales of securities available-for-sale
299,513	1,035,482	682,349	197,733	228,604	61,702	44,677	154,222	130,305	249,008	338,096
Proceeds from maturities, prepayments and calls of securities available for sale
845,726	635,183	568,250	484,138	473,142	488,699	709,977	880,425	626,004	576,139	413,221
Purchases of securities available for sale
210,237	1,959,952	1,475,008	1,384,525	1,063,460	703,179	1,026,290	935,164	499,899	1,198,853	944,914
Proceeds from maturities, prepayments and calls of securities held to maturity
21,727	16,841	8,687	8,791	22,939	36,182	55,706	43,535	120,075	66,091	349,019
Purchases of held to maturity securities
0	0	148,234	0	5,833	0	5,901	57,075	22,803	96,375	548,647
Purchases of equity securities
15,154	30,904	71,684	31,530	16,362	32,735	-	-	-	-	-
Proceeds from sales of equity securities
43,284	88,200	21,532	0	0	-	-	-	-	-	-
Reimbursement of recoverable covered asset losses to the FDIC
-	-	-	-	-	5,734	68,233	157,694	139,852	438,870	-
Increase in loans
1,477,677	949,953	976,488	704,025	703,946	824,437	1,030,545	870,577	560,635	58,373	344,310
Proceeds from sales of premises and equipment
11,806	6,374	354	1,941	13,309	5,129	8,714	1,274	3,227	1,324	70
Purchases of premises and equipment
35,000	13,730	37,763	12,840	19,502	29,841	16,941	32,825	44,055	38,063	16,212
Proceeds from dispositions of OREO
13,136	15,810	25,624	33,236	55,025	84,429	116,612	109,067	61,713	49,072	15,011
Cash paid for additional investment in tax credit entities
11,414	18,818	16,401	19,208	9,671	13,191	2,213	21,368	-9,425	-11,875	-104,200
Cash received (paid) for acquisition of a business, net of cash paid
0	-99,318	490,435	0	-425,581	188,803	0	32,425	79,288	24,134	496,015
Purchase of bank owned life insurance policies
0	50,000	0	24,058	-	-	-	-	-	-	-
Other investing activities, net
-1,000	-343	-636	-25,950	-29,202	-19,950	2,636	-10,691	-2,085	-6,518	-814
Net Cash Used in Investing Activities
-513,290	-1,125,806	-1,908,581	-1,424,397	-570,972	-712,755	-1,080,607	-527,676	25,732	7,617	-346,037
Cash Flows from Financing Activities
Increase in deposits
1,455,918	1,232,603	-323,257	1,230,008	968,746	641,026	-10,689	1,174,829	174,809	87,498	529,415
Net change in short-term borrowings
-1,278,674	491,585	-38,377	182,518	-520,653	110,298	377,299	-102,320	136,786	-43,023	42,561
Proceeds from long-term debt
500,000	937,917	964,974	304,728	63,198	54,637	2,867	24,086	3,176	45,233	53,531
Repayments of long-term debt
321,987	1,672,033	97,259	15,025	201,259	22,871	144,609	80,770	47,227	380,004	380,659
Cash dividends paid on common stock
92,190	84,782	72,772	56,793	52,318	43,070	40,332	40,069	38,558	34,412	23,355
Cash dividends paid on preferred stock
12,602	9,095	9,095	7,028	0	0	-	-	-	-	3,350
Shares Issued, Value, Share-based Payment Arrangement, before Forfeiture
3,373	3,226	832	-	-	-	-	-	-	-	-
Proceeds (Payments) for Stock Transactions Related to Treasury Stock Purchased and Stock Options Exercised
-	-	-	6,899	-	-	-	-	-	-	-
Net share-based compensation stock transactions
-	-	-	-	1,915	7,966	-	-	-	-	-
Proceeds from sale of treasury stock for stock options exercised
-	-	-	-	-	-	-	2,813	6,807	1,631	4,449
Payments to repurchase common stock
204,740	148,855	0	11,666	0	0	2,280	42,245	43,219	1,500	979
Preferred stock issued and common stock warrants
-	-	-	-	-	-	-	-	-	-	87,878
Net proceeds from issuance of common stock
0	0	485,151	279,242	0	0	8,101	-	-	328,980	164,644
Net proceeds from issuance of preferred stock
96,388	0	0	55,285	76,812	0	0	-	-	-	-
Redemption of preferred stock warrant
-	-	-	-	-	-	-	-	-	-	1,200
Tax benefit associated with share-based payment arrangements
-	-	-	-	-	2,105	886	1,221	1,454	637	1,346
Net Increase (Decrease) In Cash and Cash Equivalents
204,270	64,729	-736,402	851,859	-37,828	156,699	-579,581	397,681	235,518	162,381	-170,468
Net Cash Provided by Financing Activities
138,740	744,114	908,533	1,968,168	336,441	750,091	191,243	937,545	194,028	5,040	298,525
Supplemental Schedule of Non-cash Activities
Acquisition of real estate in settlement of loans
10,847	12,557	18,170	9,743	21,690	27,050	93,040	99,134	104,855	49,886	19,254
Common stock issued in acquisitions
0	214,659	211,043	0	474,753	214,665	0	39,203	181,140	-	-
Transfers of property into Other Real Estate
-	-	-	-	-	-	-	106,427	104,855	49,886	20,575
Exercise of stock options with payment in company stock
-	-	-	-	-	-	-	-	0	-	290
Supplemental Disclosures
Cash paid (received) for:
Interest on deposits and borrowings
319,675	198,905	102,558	70,084	58,556	43,210	47,466	63,984	84,452	117,810	104,228
Income taxes, net
-107,401	34,313	77,034	79,784	53,476	52,094	29,063	15,957	41,594	24,494	17,127