Independent bank group, inc. (IBTX)
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'12
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

199,772

192,736

176,464

156,527

136,426

128,259

113,488

101,306

89,805

76,512

72,094

63,084

56,759

53,540

49,326

43,024

41,786

38,786

38,323

39,081

33,629

28,978

23,159

18,158

18,913

19,800

21,610

22,144

19,941

17,377

0

0

0

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

12,243

11,783

10,746

9,904

9,035

8,391

8,317

8,289

8,483

8,196

7,939

7,493

6,887

6,763

6,651

6,502

6,388

6,270

6,144

5,924

5,661

5,285

4,938

4,774

4,518

4,322

4,124

3,852

3,652

3,524

0

0

0

Accretion of income recognized on acquired loans

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of income recognized on acquired loans

-

-

-

-

-

-13,523

-12,926

-11,944

-10,856

-7,833

-12,993

-9,910

-7,179

-4,482

5,405

4,925

4,878

2,774

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Intangible Assets

12,821

12,880

11,201

9,485

7,643

5,739

5,571

5,461

5,478

4,639

3,803

2,886

1,968

1,964

1,925

1,796

1,671

1,555

1,524

1,522

1,454

1,281

1,035

849

726

703

703

697

690

656

0

0

0

Amortization of premium on securities, net

-2,490

-2,671

-2,601

-2,776

-2,941

-3,316

-3,764

-4,031

-4,083

-3,629

-3,335

-3,053

-2,574

-2,230

-1,926

-1,598

-1,509

-1,558

-1,656

-1,832

-2,034

-2,002

-1,600

-1,052

-540

-145

-62

-51

-27

1

0

0

0

Amortization of discount and origination costs on borrowings

633

633

633

635

634

633

614

592

574

505

456

405

298

241

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock based compensation expense

7,518

7,808

7,400

7,031

6,822

6,062

5,742

5,477

5,130

4,688

4,340

3,956

5,181

5,431

5,633

5,856

4,437

4,314

4,117

3,843

3,621

2,914

2,431

2,045

1,677

1,469

1,246

947

684

643

0

0

0

Excess tax expense (benefit) on restricted stock vested

-121

-21

-7

23

317

646

683

692

948

1,323

1,272

1,244

724

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB stock dividends

831

854

898

879

842

791

678

577

500

448

393

347

313

261

187

124

67

43

46

52

50

47

40

56

41

27

0

0

0

-

-

-

-

Debt and Equity Securities, Realized Gain (Loss)

386

275

33

-82

-112

-581

-277

-162

-100

124

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

0

0

0

Gain (Loss) on Disposition of Property Plant Equipment

-657

-585

-585

-50

140

123

117

-124

-34

-21

-15

-3

-1

32

48

-317

-320

-358

0

0

0

-

-

-

-

-18

7

1

-343

-343

0

0

0

Gain (Loss) on Sale of Loans and Leases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains (Losses) on Sales of Other Real Estate

900

875

907

463

209

269

89

-6

-100

-160

-36

-32

14

57

127

164

203

290

232

211

162

71

1,393

1,373

1,521

1,507

1,383

1,352

1,213

1,135

0

0

0

Impairment of Real Estate

1,365

1,801

1,424

1,424

436

85

460

1,377

1,497

1,412

1,037

171

51

106

106

65

90

35

0

0

0

-

-

-

-

549

0

0

0

-

-

-

-

Deferred tax expense

9,955

14,102

11,422

9,682

7,826

1,937

15,855

15,788

16,802

17,054

1,631

575

-1,462

-1,849

-1,094

-4,517

-2,742

-3,935

-3,049

272

-701

71

-228

-209

-1,910

-2,083

0

0

0

-

-

-

-

Provision for Loan and Lease Losses

19,962

14,805

16,106

12,398

10,389

9,860

8,847

9,195

8,937

8,265

8,565

8,815

8,466

9,440

9,213

11,022

10,558

9,231

9,012

6,056

5,776

5,359

4,491

4,345

4,045

3,822

3,868

4,051

3,639

3,184

0

0

0

Bank Owned Life Insurance Income

5,507

5,525

4,977

4,406

3,790

3,170

3,117

3,064

3,088

2,748

2,370

1,994

1,482

1,348

1,208

1,074

1,072

1,077

1,088

1,101

1,093

972

798

597

416

348

322

324

326

327

0

0

0

Net gain on mortgage loans held for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on mortgage loans held for sale

-

-

-

-

-

13,794

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans held for sale

468,016

435,076

392,291

352,752

361,809

384,178

432,300

445,468

475,252

429,874

361,442

334,215

278,829

276,679

255,465

235,367

208,901

215,404

212,251

198,685

176,824

148,910

131,428

129,426

141,490

161,160

182,029

194,599

182,608

177,063

0

0

0

Proceeds from sale of loans held for sale

467,437

447,291

401,502

373,449

380,589

404,447

449,938

456,354

477,490

422,409

355,467

335,721

282,263

279,183

255,157

229,233

207,991

208,129

207,844

196,948

171,981

147,840

133,871

132,384

145,389

166,939

182,467

191,845

178,973

170,892

0

0

0

Net change in other assets

15,133

5,878

16,457

20,799

16,051

14,352

19,333

832

3,960

5,987

4,676

7,653

4,280

978

-5,346

-96

-741

-5,893

-1,843

-2,415

-588

4,846

7,880

3,828

926

2,582

-600

329

1,457

-95

0

0

0

Net change in other liabilities

2,746

-15,636

28,427

2,236

7,631

20,277

-1,902

2,611

-9,877

-2,920

5,966

-714

9,447

7,026

-3,191

-43,075

4,829

-9,032

16

44,897

-6,648

3,107

-2,461

-6,732

-1,270

701

422

1,927

-250

-421

0

0

0

Net cash provided by operating activities

176,138

173,319

192,025

160,059

154,859

158,741

118,160

128,194

97,362

82,795

89,698

76,832

84,085

80,277

68,788

10,282

62,433

43,518

47,170

95,137

32,750

35,588

26,359

21,513

28,364

30,761

30,136

27,469

22,577

17,809

0

0

0

Cash flows from investing activities:
Proceeds from maturities, calls and pay downs of securities available for sale

5,800,521

5,400,634

6,775,516

6,215,619

4,757,240

3,660,624

3,151,241

2,690,135

2,343,935

2,328,843

1,852,702

1,868,668

1,570,224

1,569,462

1,113,808

763,260

542,752

535,141

1,943,998

1,605,775

1,470,989

1,483,062

207,142

311,828

296,906

282,102

345,160

224,133

233,048

245,581

0

0

0

Proceeds from Sale of Debt Securities, Available-for-sale

20,009

192,417

249,624

264,878

273,354

102,647

56,867

42,030

46,168

31,367

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,078

0

0

0

Purchases of securities available for sale

5,791,336

5,390,543

6,746,716

6,201,770

4,745,498

3,674,396

3,224,465

2,800,092

2,487,815

2,472,799

2,016,145

1,985,535

1,624,446

1,625,416

1,130,673

807,606

591,132

546,294

1,925,029

1,565,879

1,422,127

1,430,794

174,299

309,164

310,315

309,853

371,088

234,014

246,510

256,295

0

0

0

Purchases of certificates of deposit held in other banks

-

-

-

-

-

-

-

-

-

0

4,667

4,667

5,892

2,707

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of certificates of deposit held in other banks

-

-

-

-

-

11,760

12,507

12,507

3,932

747

0

12,886

39,334

61,746

84,527

71,641

45,193

22,781

0

0

0

-

-

-

-

7,720

0

0

0

-

-

-

-

Purchases of FHLB stock and other restricted stock

32,002

9,397

9,397

8,622

8,750

6,144

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from redemptions of FHLB stock and other restricted stock

8,969

34,863

34,788

42,952

38,606

12,606

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (purchases) redemptions of FHLB stock

-

-

-

-

-

-

-

-

-

-

-

0

3,959

-

12,738

13,974

9,660

1,552

-2,574

-1,916

-3,542

-4,033

-618

-2,513

-345

146

1,321

1,906

1,846

1,584

0

0

0

Proceeds from sale of loans

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loans originated held for investment

378,042

469,023

646,148

570,283

712,504

746,804

767,333

807,426

651,531

566,881

598,688

598,286

576,390

584,316

554,949

604,372

553,122

517,846

445,673

342,951

437,259

434,282

419,083

403,481

335,318

285,181

268,427

270,460

234,284

202,371

0

0

0

Originations of mortgage warehouse purchase loans

15,780,333

12,835,522

9,690,418

7,161,139

5,569,734

5,128,767

5,143,670

6,148,666

4,778,276

3,640,235

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from pay-offs of mortgage warehouse purchase loans

15,234,982

12,318,495

9,180,035

6,872,437

5,443,176

5,123,171

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to premises and equipment

26,027

31,680

40,306

54,459

48,117

38,110

26,064

21,374

14,632

13,193

13,085

4,331

5,025

6,139

6,961

13,055

12,268

13,781

12,931

7,567

7,354

4,854

4,053

3,340

3,798

6,795

9,585

15,351

15,844

14,063

0

0

0

Proceeds from sale of premises and equipment

2,157

2,100

2,100

12,947

14,484

14,479

14,480

3,145

11

16

-232

179

257

332

605

4,417

4,338

4,254

4,233

7

7

18

389

444

444

442

1,917

1,706

5,103

5,095

0

0

0

Proceeds from sale of other real estate owned

12,407

8,207

7,453

2,310

1,882

3,520

6,839

11,157

11,071

9,433

5,648

1,973

1,449

1,860

1,996

2,145

2,555

2,460

3,816

3,597

3,179

3,415

17,957

17,290

17,137

17,081

7,874

8,814

9,137

8,880

0

0

0

Capitalized additions to other real estate

-

-

-

-

-

-

-

-

-

1,030

1,032

853

174

0

0

0

0

10

10

10

10

28

36

58

66

93

201

239

433

592

0

0

0

Cash Acquired from Acquisition

0

39,913

39,913

39,913

84,636

44,723

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

286,596

190,563

190,563

55,038

22,792

0

0

0

-

-

-

-

Payments to Acquire Businesses, Gross

0

9

9

9

31,025

31,016

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

60,812

62,422

62,422

28,412

18,412

0

0

0

-

-

-

-

Net cash used in investing activities

-861,683

-673,988

-782,688

-548,568

-498,675

-656,707

-816,586

-964,187

-685,326

-662,333

-664,891

-575,978

-616,729

-609,304

-388,895

-470,783

-422,854

-366,357

-286,846

-159,554

-154,088

-122,239

-236,662

-257,975

-309,290

-296,276

-268,984

-277,345

-258,166

-222,846

0

0

0

Cash flows from financing activities:
Net (decrease) increase in demand deposits, money market and savings accounts

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in demand deposits, money market and savings accounts

-

-

-

-

-

363,003

349,447

534,745

660,381

610,279

820,353

624,048

498,369

521,100

391,063

283,622

310,777

245,831

335,527

346,187

302,790

230,070

121,679

141,844

162,291

145,085

191,636

181,137

160,209

183,919

0

0

0

Net (decrease) increase in time deposits

78,659

237,136

251,856

376,439

287,774

148,891

116,310

-97,584

-243,740

-210,382

-168,645

19,525

56,510

11,670

-47,380

-90,111

-72,913

6,128

77,749

-35,263

69,317

79,850

113,802

189,064

96,658

63,330

42,934

28,727

1,356

-20,039

0

0

0

Proceeds from FHLB advances

2,100,000

1,700,000

2,175,000

2,025,000

2,110,000

1,685,000

1,210,000

1,160,000

475,000

200,000

100,000

50,000

350,000

575,000

695,000

770,000

520,000

350,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of FHLB advances

1,465,000

1,807,653

2,107,653

2,338,279

2,453,299

1,985,667

1,485,687

930,081

455,081

130,079

10,078

60,077

270,078

402,579

490,417

496,418

361,417

293,916

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change in FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

40,858

59,832

69,808

69,810

0

0

0

Net change in repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

8,528

875

-487

-896

-7,653

-1,223

1,442

1,248

279

1,502

199

802

0

0

0

0

-

-

-

-

Proceeds from other borrowings

44,000

65,000

56,000

56,000

21,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,680

0

0

0

Repayments of other borrowings

65,000

40,500

0

0

0

-

-

-

-

-

-

-

-

5,798

6,139

6,764

7,105

1,932

1,591

966

625

0

0

8,835

27,952

28,787

36,602

28,829

11,227

10,958

0

0

0

Proceeds from sale of common stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,150

0

0

0

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

23,938

23,938

23,938

23,938

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

39,297

51,659

51,651

51,610

12,507

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of common stock warrants

-

-

-

-

-

2,533

463

455

152

55

55

55

55

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Offering costs paid in connection with acquired bank

0

804

804

804

1,013

209

0

0

0

-

-

-

-

-

-

-

-

568

160

268

710

566

0

0

0

-

-

-

-

-

-

-

-

Dividends paid

43,111

43,302

36,837

30,375

23,452

15,908

14,423

12,936

11,740

10,231

9,297

7,995

6,694

6,287

6,033

5,983

5,935

5,819

5,367

4,970

4,523

3,910

3,493

3,187

4,529

6,803

9,131

10,730

10,314

8,681

0

0

0

Net cash provided by financing activities

1,202,653

935,060

870,594

520,907

377,513

197,643

225,579

703,142

470,943

505,613

748,610

642,441

691,241

740,775

555,757

472,910

358,149

292,071

343,857

296,085

382,421

317,644

339,791

302,471

297,751

256,279

316,332

326,266

219,304

250,673

0

0

0

Net change in cash and cash equivalents

517,108

434,391

279,931

132,398

33,697

-300,323

-472,847

-132,851

-117,021

-73,925

173,417

143,295

158,597

211,748

235,650

12,409

-2,272

-30,768

104,181

231,668

261,083

230,993

129,488

66,009

16,825

-9,236

77,484

76,390

-16,285

45,636

0

0

0