County bancorp, inc. (ICBK)
CashFlow / Quarterly
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'14
Cash flows from operating activities
Net income

-5,188

3,304

5,682

3,704

3,762

2,830

3,517

3,850

4,054

2,131

3,604

2,058

2,632

3,471

3,102

1,945

2,176

2,900

3,330

2,218

2,526

2,082

2,271

2,167

1,690

Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization of premises and equipment

345

356

348

345

342

409

286

289

271

266

259

254

231

254

331

218

177

148

146

147

151

150

155

159

147

Amortization of core deposit intangible

54

61

68

76

83

90

98

105

113

119

127

135

141

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of subordinated debentures discount

38

-

39

39

39

-

48

17

17

-

19

17

19

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

5,038

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

2,218

-51

-1,154

876

752

1,572

993

533

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

33

1,524

761

543

1,134

470

812

306

-867

144

-602

-

-

-

-

Realized gain on sales of securities available-for-sale

-

0

0

205

136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized loss on sales of premises and equipment

-350

-

-

-

-

0

0

0

1

0

0

-328

38

0

5

0

8

6

0

0

-4

-

-

-

-

Realized loss on sales of other real estate owned

-4

73

-160

-9

136

-

-

-

-

-10

-39

27

375

-

-

-

-

6

26

87

-373

-

-

-

-

Writedown of other real estate owned

1,360

-

-

-

-

-

-

-

-

-

-

-

-

146

250

0

84

74

0

0

182

461

44

0

685

Increase in cash surrender value of bank owned life insurance

156

118

117

114

111

114

114

113

112

115

115

114

97

74

73

74

72

74

74

74

71

73

74

72

67

Deferred income tax expense (benefit)

-253

-51

690

364

398

327

-437

-186

-187

2,218

658

-324

-289

373

-499

1,360

-402

244

-65

7

194

-

-

-

-

Stock compensation expense

314

256

177

144

118

123

91

142

117

162

154

130

109

112

59

108

128

94

109

104

53

44

51

63

-4

Net amortization of securities

-171

-88

-110

-90

-153

-173

-200

-211

-234

-154

-212

-217

-256

-292

-297

-206

-134

-138

-142

-142

-147

-138

-134

-129

-111

Net change in:
Accrued interest receivable and other assets

1,103

-745

-207

107

1,250

-1,185

185

993

64

695

395

59

163

559

-36

-1,544

69

-98

443

-87

120

455

269

-3

-314

Loans held for sale

12,237

-2,041

-3,256

4,698

-199

-10,821

2,302

5,061

-168

4,521

-5,982

5,195

1,679

-1,798

-1,872

852

-5,221

-4,511

9,501

-5,165

5,262

2,734

-1,074

-5,272

374

Loan servicing rights

1,218

1,147

1,741

346

228

6

-46

128

9

-36

93

-166

-205

99

54

816

150

424

-51

-35

61

102

83

-106

138

Accrued interest payable and other liabilities

-2,314

2,197

1,338

690

-228

-240

1,880

762

77

-684

1,857

-1,986

107

-19

2,325

-1,731

-102

-501

2,122

-1,150

391

369

1,313

-516

-313

Net cash provided by (used in) operating activities

-12,577

8,018

9,063

979

3,893

17,844

4,174

-617

4,775

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities
Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

1,820

6,430

8,900

2,343

7,929

7,502

-5,076

6,738

-2,095

572

4,822

8,011

2,051

Proceeds from maturities, principal repayments, and call of securities available-for-sale

5,315

5,561

4,658

6,915

7,234

6,396

5,032

5,010

6,948

5,359

4,723

7,596

10,438

4,478

5,293

5,831

4,128

1,744

1,777

2,903

2,011

3,214

2,516

3,175

2,661

Purchases of securities available-for-sale

89,455

-

-

-

-

9,674

9,778

51,629

25,055

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of FHLB stock

3,275

-

-

-

20

-

-

-

-

-

-

-

-

-

-

-

-

-

2,037

0

218

-

-

-

-

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

42,988

472

7,284

2,352

-

-

-

-

0

3,446

6,267

1,561

6,821

4,874

5,229

2,740

Redemption of FHLB stock

-

-

-

-

-

-

-

-

-

171

225

-410

1,564

-

-

-

-

-

-

-

-

-

-

-

-

Net redemptions (purchases) of FHLB stock

-

-

-

-

-

-

-

-

-230

-

-

-

-

0

34

1,930

217

-

-

-

-

-

-

-

-

Purchases of bank owned life insurance

10,000

-

-

-

-

-

-

-

-

0

0

0

5,500

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations and principal collections, net

-23,399

-44,225

-67,026

-28,874

-23,421

5,568

21,392

18,702

18,723

23,092

51,110

28,108

23,013

38,182

32,467

43,783

27,817

43,893

50,321

19,884

-13,323

-

-

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,134

-20,904

4,110

Proceeds from sales of premises and equipment

1,381

-

-

-

-

-

-

-

-

0

0

1,540

75

0

12

0

13

-

-

-

11

40

10

0

15

Purchases of premises and equipment

1,849

117

215

243

84

390

1,813

397

5,067

330

517

659

1,252

261

133

195

1,188

1,544

1,466

103

54

60

89

680

209

Capitalized additions to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

39

-

-

-

-

Proceeds from sales of other real estate owned

910

2,450

1,282

212

2,832

-

-

-

-

1,533

165

27

1,052

-

-

-

-

84

1,698

2,049

1,493

523

4,400

3,059

1,255

Net cash provided by (used in) investing activities

-73,574

41,833

73,301

65,943

33,383

-7,931

-27,133

-63,057

-41,667

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-18,988

-39,865

-28,510

-30,869

-25,081

-43,601

-53,795

-21,313

14,966

-59,977

-5,171

-21,002

5,092

Net decrease in demand and savings deposits

-33,756

20,956

18,216

27,707

-14,388

39,412

2,365

897

-28,144

51,564

30,909

-25,777

-34,072

33,161

14,593

-25,327

-30,117

24,583

5,760

445

-6,726

13,646

46,924

-19,009

-3,335

Net decrease in certificates of deposits

-47,726

-62,267

-80,640

1,193

-32,682

-24,848

-4,014

37,145

90,457

-7,580

41,523

38,122

37,871

14,907

22,321

21,730

51,072

11,420

21,891

-315

9,698

-8,108

-58,971

30,919

-12,905

Net change in other borrowings

1,399

-6

-9

-603

585

-11

-3

-400

-58

-53

-91

-337

-372

-66

-284

-905

-538

-439

-510

-752

-18,211

14,510

-2,254

-2,043

-525

Proceeds from FHLB advances

255,000

0

0

21,000

94,000

66,000

21,000

0

63,000

0

35,000

73,000

84,660

0

527,000

195,000

45,200

391,195

389,500

10,000

5,000

-

-

-

-

Repayment of FHLB advances

190,000

0

15,000

62,000

83,000

79,000

26,800

12,300

64,000

6,800

40,000

50,000

82,255

25,000

512,400

160,150

28,200

-

-

-

-

0

0

0

5,000

Payments to acquire treasury stock

5,853

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

687

0

125

Proceeds from issuance of common stock

195

-

-

-

-

205

47

100

107

263

216

324

321

646

438

63

33

474

0

-83

16,978

-

-

-

-

Dividends paid on common stock

466

989

-316

336

335

1,572

-635

469

468

400

399

398

397

329

327

325

289

231

229

229

229

-

-

-

-

Dividends paid on preferred stock

108

-536

773

118

117

-992

1,209

99

97

97

90

84

82

81

79

80

81

81

80

79

80

81

79

80

80

Net cash used in financing activities

-21,315

-41,685

-77,770

-13,097

-35,937

1,178

-8,089

54,042

60,797

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-107,466

8,166

4,594

53,825

1,339

11,091

-31,048

-9,632

23,905

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

5,674

23,238

51,262

29,936

22,059

37,980

57,794

-1,065

6,392

26,159

-18,258

18,409

-22,008

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

4,754

-11,494

-10,197

31,652

1,410

4,907

1,881

-1,077

-15,640

19,263

-33,246

-18,607

5,418

-14,865

Cash paid during the period for:
Interest

3,774

6,268

5,219

7,211

5,135

5,942

5,141

5,351

4,187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

2,737

2,607

2,545

2,419

2,023

1,919

1,795

1,868

1,853

1,857

1,886

1,871

1,917

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

2,580

215

3,070

650

1,900

930

2,810

220

1,572

300

1,625

1,000

Noncash operating activities:
Change in accounting principle

2,484

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash investing activities:
Transfer from loans to other real estate owned

-

1,022

1

4,145

1,147

0

0

1,687

4,417

351

267

1

4,511

651

0

0

159

-

-

-

-

-

-

-

-

Loans charged off

-

289

55

3,194

390

1,238

0

0

42

412

0

1,475

17

-

-

-

-

13

1,180

565

149

429

215

0

3