IBERIABANK Corp IBKCO Cash Flow

Iberiabank corp (IBKCO)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	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	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows from Operating Activities
Net Income (Loss) Attributable to Parent
36,425	82,576	99,850	101,598	100,131	130,039	101,465	75,124	63,621	10,278	29,644	52,018	50,473	45,130	48,068	50,810	42,769	44,407	42,475	30,836	25,126	35,937	30,892	16,217	22,336	25,629	23,192	15,590	717	23,208	21,234	12,560	19,393	17,357	16,348	5,186	14,647	13,043	13,940	8,839	13,004
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
8,427	10,722	827	793	4,018	-5,890	-1,082	-253	-309	-5,173	-765	179	1,646	7,219	299	2,012	1,103	178	3,596	4,452	3,791	3,550	4,479	3,366	4,396	-428	6,505	6,447	6,899	5,815	5,883	5,068	4,919	7,102	3,577	3,218	2,875	3,067	3,122	2,342	2,511
Amortization of purchase accounting and market value adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,252	-5,856	-2,695	-	-4,150	-5,077	-5,430	407	1,177	5,997	-45	-	9,693	-4,521	-6,358	-19,487	-9,001	-8,130	-10,765	-10,623	-10,078	4,314	-14,266	-1,079	-13,169	-20,829	-17,773
Provision for expected credit losses
68,971	8,153	8,986	10,755	13,763	13,095	11,383	7,696	8,211	14,990	18,514	12,050	6,154	2,266	12,484	11,866	14,905	11,711	5,062	8,790	5,345	6,495	5,714	4,748	2,103	4,700	2,014	1,808	-3,377	4,866	4,053	8,895	2,857	4,278	6,128	9,990	5,471	11,224	5,127	12,899	13,201
Share-based compensation expense - equity awards
7,032	7,284	5,461	6,267	5,572	5,134	5,164	5,246	4,734	4,937	4,388	3,390	3,721	3,294	3,527	3,832	3,870	3,767	3,390	3,797	2,952	3,058	3,005	3,087	2,835	2,704	2,738	7,773	-2,512	2,601	12,203	-2,647	-2,250	-16,068	11,676	-2,587	-2,135	1,932	2,059	2,070	1,736
(Gain) loss on sale of OREO and long-lived assets, net of impairment
956	83	387	1,548	-278	2,402	-1,700	-4,461	-670	-906	-3,625	2,204	746	3,234	67	0	-3	-1,247	1,981	387	16	21	-23	10	6	200	2	2	47	186	-95	-24	-25	668	302	84	-111	388	-285	-114	-65
Loss on sale of securities available-for-sale
-	-	-	-	-	-49,844	0	3	-59	35	-242	59	0	4	12	1,789	196	6	280	903	386	162	582	8	19	18	-2	-67	2,328	-4	41	902	2,800	740	1,255	1,426	1	93	4,175	60	923
(Gain)/loss on sale of OREO, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,087	1,177	3,534	-	1,236	982	998	968	1,931	922	400	811	2,236	1,588	1,387	902	1,469	1,301	1,313	-269	396	1,179	170	-	-	-	-300
Impairment of FDIC loss share receivables and other long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,059	4,574	472	332	-	-	-	31,813	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of premium/discount on securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,066	-5,351	-4,871	-	-4,859	-4,543	-3,815	-3,545	-3,535	-3,399	-3,314	-3,527	-4,743	-5,083	-5,600	-5,648	-5,416	-5,075	-4,874	-4,969	-4,418	-3,969	-4,877	-4,846	-3,907	-3,180	-3,117
Derivative (gains) on swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	0	210	-1	-	-	-	-	0	0	-3	1	-	-	-	-
Deferred income tax expense
8,529	1,296	-5,637	17,183	17,861	122,170	19,633	723	10,992	58,819	2,398	20,605	-10,565	-19,662	4,628	3,078	-4,698	1,307	837	2,469	-62	-699	-17,511	22,321	-29,138	-28,128	4,396	-12,321	123	-2,263	-5,976	356	356	-12,506	293	2,221	-1,758	-	-	-	-
Originations of mortgage loans held for sale
533,032	524,438	578,770	538,080	326,244	330,730	364,268	438,449	336,400	428,911	496,240	525,283	393,924	538,012	694,196	710,164	517,661	583,732	701,840	683,142	495,874	456,854	458,026	443,079	317,579	403,903	504,881	671,003	536,673	683,246	707,101	591,376	450,644	512,459	503,311	356,060	287,396	516,070	521,910	440,894	293,612
Proceeds from sales of mortgage loans held for sale
563,199	586,123	532,122	494,875	320,853	282,762	412,846	480,629	367,487	446,965	509,996	524,705	440,337	585,340	734,282	698,951	507,372	629,468	745,248	685,942	456,278	485,749	504,565	410,023	320,106	397,430	572,545	716,370	634,540	642,932	699,623	557,010	489,151	503,408	463,945	342,644	327,461	619,882	478,797	410,830	293,705
Realized and unrealized gain on mortgage loans held for sale, net
24,656	11,952	23,448	17,832	11,593	10,094	12,556	13,368	9,320	13,494	15,834	19,421	13,689	-2,785	31,708	25,895	19,668	23,848	26,037	20,292	13,780	21,622	17,015	15,195	9,202	13,684	13,919	19,361	18,429	16,029	23,085	18,078	13,619	12,236	13,438	9,389	8,892	16,172	13,519	10,625	7,373
Tax benefit associated with share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	151	252	942	218	39	906	391	78	87	330	281	655	17	268	38	38	1,089	289	22	87	68	460
Change in other assets, net of other assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-56,842	-	-47,198	43,620	-19,936	1,800	16,491	-10,100	9,368	-31,400	12,354	15,809	-4,200	-35,314	6,724	27,936	-4,918	-78,102	183,549	-251,302	-17,886
Other operating activities, net
43,782	19,568	-35,881	-11,763	-152,430	168,608	50,367	-27,315	13,338	45,053	-16,417	-18,578	20,933	-32,438	-53,241	28,544	-16,730	16,212	-49,308	12,694	-6,396	-4,560	14,134	-10,294	11,074	-46,352	-24,281	-1,374	-4,424	16,507	-11,904	-6,295	-5,627	-3,728	18,063	-13,747	-2,160	36,728	27,266	-30,725	20,893
Net Cash Provided by Operating Activities
90,157	140,105	74,858	86,788	277,069	85,320	115,573	149,121	96,407	44,229	72,385	84,558	62,474	132,169	130,273	2,475	43,171	73,351	119,246	-39,641	43,747	39,578	95,745	-22,949	6,989	33,513	112,825	55,113	108,332	-22,427	-9,064	-34,940	54,243	29,824	-56,664	-9,286	51,884	151,786	-232,633	184,894	45,677
Cash Flows from Investing Activities
Proceeds from sales of securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	148,202	49,531	16,326	69,868	101,523	40,887	41,171	6,481	0	14,050	5	-3	25,441	19,234	825	71,005	599	81,793	-	-	-	-	34,221	179,976	8,983	25,828
Proceeds from maturities, prepayments and calls of securities available for sale
242,074	295,979	232,765	180,355	136,627	142,088	181,755	161,353	149,987	157,831	173,951	122,528	113,940	134,777	134,246	116,676	98,439	106,078	108,493	172,944	85,627	75,630	258,958	75,613	78,498	91,918	123,466	205,943	288,650	140,691	210,791	173,668	355,275	185,310	212,652	117,977	110,065	129,574	170,035	167,749	108,781
Purchases of securities available for sale
156,706	10,916	12,767	6,989	179,565	1,248,694	200,184	316,531	194,543	162,246	456,575	365,132	491,055	790,382	252,353	273,181	68,609	128,822	578,553	234,209	121,876	162,982	370,390	93,584	76,223	90,949	174,701	212,486	548,154	139,986	98,136	248,555	448,487	231,019	138,321	38,233	92,326	344,645	434,554	296,821	122,833
Proceeds from maturities, prepayments and calls of securities held to maturity
4,316	1,374	7,230	5,336	7,787	5,377	6,718	2,458	2,288	1,973	2,447	1,299	2,968	1,194	1,994	3,014	2,589	5,002	2,921	11,720	3,296	3,302	11,497	18,203	3,180	1,334	7,271	38,377	8,724	3,464	12,266	22,194	5,611	98,416	2,096	3,364	16,199	34,758	6,309	1,005	24,019
Purchases of held to maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	0	0	3,489	2,412	19,839	13,180	20,834	3,222	10,917	4,683	4,963	2,240	4,189	21,585	69,254	1,347
Purchases of equity securities
0	0	0	401	14,753	9,814	9,545	9,093	2,452	30,935	39,569	980	200	150	88	9,723	21,569	16,362	-3,292	2,817	475	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of equity securities
0	17,543	22,104	0	3,637	17,829	0	9,333	61,038	15,413	1,060	5,059	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reimbursement of recoverable covered asset losses to the FDIC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-591	1,388	632	6,191	-1,776	1,395	-76	11,922	6,729	11,679	37,903	43,130	29,492	48,146	36,926	7,499	42,749	38,869	50,735	126,287	101,075	180,451	31,057
Increase in loans
517,085	341,918	311,084	378,391	446,284	182,238	266,097	356,417	145,201	276,804	218,202	420,873	60,609	135,181	187,477	267,135	114,232	212,401	156,940	262,919	71,686	348,108	169,736	261,030	45,563	435,230	167,826	325,805	101,684	274,134	244,461	250,364	101,618	238,381	46,293	203,875	72,086	251,373	-157,906	3,399	-38,493
Proceeds from sales of premises and equipment
402	10,657	1,048	10	91	676	3,695	595	1,408	-2,396	385	2,358	7	741	12	30	1,158	4,196	8,645	421	47	-1,088	-257	6,373	101	1,343	6,732	534	105	919	1	45	309	753	548	1,698	228	868	89	69	298
Purchases of premises and equipment
7,065	17,970	9,211	4,637	3,182	2,155	3,271	2,506	5,798	6,241	7,521	21,240	2,761	3,404	2,918	1,918	4,600	5,358	5,257	7,050	1,837	3,254	5,290	16,479	4,818	4,349	3,857	2,716	6,019	9,903	5,364	7,269	10,289	9,358	9,352	-684	26,029	10,597	9,280	10,111	8,075
Proceeds from dispositions of OREO
12,237	3,665	1,224	6,267	1,980	3,644	735	6,113	5,318	13,971	1,704	5,575	4,374	5,147	7,724	7,125	13,240	16,286	12,276	15,694	10,769	15,305	25,748	31,833	11,543	40,462	32,068	26,363	17,719	28,785	23,470	28,328	28,484	10,245	21,854	16,362	13,252	16,169	16,826	10,895	5,182
Cash paid for additional investment in tax credit entities
673	5,354	1,270	1,962	2,828	12,759	4,228	1,081	750	9,241	4,333	2,032	795	2,391	10,901	299	5,617	1,803	3,365	4,503	0	2,807	4,575	1,092	4,717	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received (paid) for acquisition of a business, net of cash paid
-	-	-	-	-	0	0	-6	-99,312	-74	490,509	0	0	-	-	-	-	-851,162	-63	100,200	325,444	0	7	97,111	91,685	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities, net
100	-1	-750	-249	0	252	-41	-1,299	745	257	374	5,060	-6,327	-26,440	-260	-20	770	-14,507	-9,937	-2,503	-2,255	-36,023	2,506	8,467	5,100	11,599	2,437	-156	-11,244	-4,603	-7,086	9,222	-8,224	16,713	-20,616	2,819	-1,001	-5,268	-2,667	3,767	-2,350
Net Cash Used in Investing Activities
-422,600	-46,939	-69,211	99,350	-496,490	-269,683	-290,381	-535,604	-30,138	-248,455	-617,968	-614,354	-427,804	-780,094	-312,740	-281,123	-50,440	-209,613	-529,337	-105,105	273,083	-373,352	-251,839	-150,124	62,560	-395,660	-174,254	-236,003	-274,690	-222,813	5,395	-263,264	-46,994	-189,650	196,044	20,539	-1,201	-275,534	193,598	-14,200	103,753
Cash Flows from Financing Activities
Increase in deposits
306,888	242,064	681,954	203,269	328,631	569,923	-237,072	459,282	440,470	133,093	98,633	-459,067	-95,916	885,878	660,613	-398,414	81,931	-124,197	183,646	543,450	365,847	143,056	396,747	130,573	-29,350	-213,648	309,178	-44,396	-61,823	835,450	211,533	-45,081	172,927	99,760	117,601	12,506	-55,058	-347,404	-93,746	122,972	405,676
Net change in short-term borrowings
186,539	-293,841	-499,458	-108,624	-376,751	240,163	188,506	153,718	-90,802	-532,406	419,230	135,239	-60,440	-204,137	-52,364	267,398	171,621	104,158	-45,845	-336,598	-242,368	32,960	-221,958	296,554	2,742	421,495	-30,528	-4,779	-8,889	-228,456	-119,089	374,279	-129,054	180,719	-4,851	-34,291	-4,791	-68,920	89,279	-3,771	-59,611
Proceeds from long-term debt
0	0	100,000	0	400,000	10,033	487,585	240,072	200,227	448,354	466,620	50,000	0	-42,026	-13,246	100,000	260,000	73	3,125	0	60,000	-	-	-	-	637	0	2,230	0	637	13,591	9,638	220	256	1,252	1,176	492	0	5,816	31,208	8,209
Repayments of long-term debt
55,430	50,425	80,439	100,563	90,560	310,551	459,220	250,578	651,684	79,917	6,090	10,630	622	1,199	1,475	11,183	1,168	1,228	3,078	126,426	70,527	1,859	14,346	5,886	780	984	2,329	41,679	99,617	5,850	31,877	20,775	22,268	8,627	-6,726	16,077	29,249	16,778	174,457	175,359	13,410
Cash dividends paid on common stock
48,042	23,523	22,741	23,460	22,466	21,845	21,429	21,575	19,933	19,931	18,365	18,350	16,126	14,790	13,997	14,018	13,988	13,984	13,980	12,980	11,374	11,369	11,360	10,213	10,128	10,109	10,101	10,095	10,027	10,016	10,028	10,037	9,988	9,973	10,273	9,175	9,137	9,137	9,133	9,091	7,051
Cash dividends paid on preferred stock
3,598	4,456	3,599	949	3,598	949	3,599	949	3,598	949	3,598	949	3,599	951	3,501	0	2,576	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net share-based compensation stock transactions
-3,575	-	270	-3	-4,445	-	-1,040	479	-2,581	-	452	1,795	-4,169	-	2,393	-2,292	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of treasury stock for stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,203	1,057	3,181	1,272	204	226	1,111	829	239	5,216	523	225	275	246	885
Payments to repurchase common stock
0	0	40,016	134,778	29,946	87,809	30,376	30,670	0	-	-	-	-	0	0	9,486	2,180	0	0	-2,552	2,552	-3,307	308	725	2,274	347	189	486	1,258	167	38,300	2,798	980	268	41,528	411	1,012	164	140	449	747
Net proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-600	557	0	485,194	279,242	0	0	0	-1,421	-248	-1,418	3,087	-11,141	1,901	993	8,247	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	328,980
Net proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	55,286	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit associated with share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	151	252	942	218	39	906	391	78	87	330	281	655	17	268	38	38	1,089	289	22	87	68	460
Net Increase (Decrease) In Cash and Cash Equivalents
50,339	-36,210	141,618	117,418	-18,556	214,518	-251,453	163,296	-61,632	-255,492	411,856	-831,758	-61,008	260,873	395,955	-291,357	486,388	-172,005	-209,003	-76,015	419,195	-119,912	-563	238,262	38,912	-162,052	205,883	-278,951	-344,461	347,911	23,020	7,265	19,485	102,908	208,584	-28,714	-47,260	-565,904	-221,054	136,518	812,821
Net Cash Provided by Financing Activities
382,782	-129,376	135,971	-68,720	200,865	398,881	-76,645	549,779	-127,901	-51,266	957,439	-301,962	304,322	908,798	578,422	-12,709	493,657	-35,743	201,088	68,731	102,365	213,862	155,531	411,335	-30,637	200,095	267,312	-98,061	-178,103	593,151	26,689	305,469	12,236	262,734	69,204	-39,967	-97,943	-442,156	-182,019	-34,176	663,391
Supplemental Schedule of Non-cash Activities
Acquisition of real estate in settlement of loans
524	4,824	968	2,328	2,727	-509	10,344	965	1,757	11,297	406	3,734	2,733	3,930	1,903	1,973	1,937	6,769	6,302	3,798	4,821	6,831	3,368	12,223	4,628	10,657	30,650	25,100	26,633	16,354	20,474	30,968	31,338	17,483	31,250	28,166	27,956	27,611	10,234	2,834	9,207
Common stock issued in acquisitions
-	-	-	-	-	0	0	0	214,659	0	211,043	0	0	-	-	-	0	0	0	185,249	289,504	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfers of property into Other Real Estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,650	25,100	26,633	-	-	-	31,338	-	-	-	27,956	-	-	-	-
Exercise of stock options with payment in company stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	0
Supplemental Disclosures
Cash paid (received) for:
Interest on deposits and borrowings
76,890	83,787	86,250	78,628	71,010	61,178	54,670	46,022	37,035	33,501	28,279	20,928	19,850	23,428	16,412	15,541	14,703	15,657	15,967	14,944	11,988	12,226	11,707	9,569	9,708	10,578	11,091	12,058	13,739	14,455	15,141	16,279	18,109	20,909	20,213	21,502	21,828	26,407	17,866	45,257	28,280
Income taxes, net
-	-	-	-	-	-	-	18,905	101	9,600	26,562	1,263	39,609	25,224	107	50,303	4,150	24,547	10,028	18,001	900	9,161	3,627	26,098	13,208	9,172	333	16,431	3,127	5,055	69	8,329	2,504	6,049	5,320	17,993	12,232	8,586	-1,201	16,682	427