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

7,502

16,452

15,978

13,813

13,959

14,251

13,552

13,639

11,847

10,425

11,765

11,263

11,150

10,694

10,123

10,351

10,624

10,974

10,156

9,097

9,046

8,210

0

0

0

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

1,394

1,391

1,444

1,382

1,326

1,255

1,112

1,085

1,050

1,010

998

1,070

1,034

980

874

689

618

592

594

603

615

611

0

0

0

Amortization of core deposit intangible

259

288

317

347

376

406

435

464

494

522

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of subordinated debentures discount

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

1,889

423

2,046

4,193

3,850

3,195

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

2,861

3,962

2,908

2,959

2,722

721

395

-1,019

0

0

0

-

-

-

-

Realized gain on sales of securities available-for-sale

-

341

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized loss on sales of premises and equipment

0

-

-

-

-

1

1

1

-327

-290

-290

-285

43

13

19

14

14

2

0

0

0

-

-

-

-

Realized loss on sales of other real estate owned

-100

40

0

0

0

-

-

-

-

353

0

0

0

-

-

-

-

-254

0

0

0

-

-

-

-

Writedown of other real estate owned

0

-

-

-

-

-

-

-

-

-

-

-

-

480

408

158

158

256

643

687

687

1,190

0

0

0

Increase in cash surrender value of bank owned life insurance

505

460

456

453

452

453

454

455

456

441

400

358

318

293

293

294

294

293

292

292

290

286

0

0

0

Deferred income tax expense (benefit)

750

1,401

1,779

652

102

-483

1,408

2,503

2,365

2,263

418

-739

945

832

703

1,137

-216

380

0

0

0

-

-

-

-

Stock compensation expense

891

695

562

476

474

473

512

575

563

555

505

410

388

407

389

439

435

360

310

252

211

154

0

0

0

Net amortization of securities

-459

-441

-526

-616

-737

-818

-799

-811

-817

-839

-977

-1,062

-1,051

-929

-775

-620

-556

-569

-569

-561

-548

-512

0

0

0

Net change in:
Accrued interest receivable and other assets

258

405

-35

357

1,243

57

1,937

2,147

1,213

1,312

1,176

745

-858

-952

-1,609

-1,130

327

378

931

757

841

407

0

0

0

Loans held for sale

11,638

-798

-9,578

-4,020

-3,657

-3,626

11,716

3,432

3,566

5,413

-906

3,204

-1,139

-8,039

-10,752

621

-5,396

5,087

12,332

1,757

1,650

-3,238

0

0

0

Loan servicing rights

4,452

3,462

2,321

534

316

97

55

194

-100

-314

-179

-218

764

1,119

1,444

1,339

488

399

77

211

140

217

0

0

0

Accrued interest payable and other liabilities

1,911

3,997

1,560

2,102

2,174

2,479

2,035

2,012

-736

-706

-41

427

682

473

-9

-212

369

862

1,732

923

1,557

853

0

0

0

Net cash provided by (used in) operating activities

5,483

21,953

31,779

26,890

25,294

26,176

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities
Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

19,493

25,602

26,674

12,698

17,093

7,069

139

10,037

11,310

15,456

0

0

0

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

22,449

24,368

25,203

25,577

23,672

23,386

22,349

22,040

24,626

28,116

27,235

27,805

26,040

19,730

16,996

13,480

10,552

8,435

9,905

10,644

10,916

11,566

0

0

0

Purchases of securities available-for-sale

0

-

-

-

-

96,136

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of FHLB stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

53,096

0

0

0

-

-

-

-

11,274

18,095

19,523

18,485

19,664

0

0

0

Redemption of FHLB stock

-

-

-

-

-

-

-

-

-

1,550

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net redemptions (purchases) of FHLB stock

-

-

-

-

-

-

-

-

0

-

-

-

-

2,181

0

0

0

-

-

-

-

-

-

-

-

Purchases of bank owned life insurance

0

-

-

-

-

-

-

-

-

5,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations and principal collections, net

-163,524

-163,546

-113,753

-25,335

22,241

64,385

81,909

111,627

121,033

125,323

140,413

121,770

137,445

142,249

147,960

165,814

141,915

100,775

0

0

0

-

-

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from sales of premises and equipment

0

-

-

-

-

-

-

-

-

1,615

1,615

1,627

87

25

0

0

0

-

-

-

61

65

0

0

0

Purchases of premises and equipment

2,424

659

932

2,530

2,684

7,667

7,607

6,311

6,573

2,758

2,689

2,305

1,841

1,777

3,060

4,393

4,301

3,167

1,683

306

883

1,038

0

0

0

Capitalized additions to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

0

0

0

-

-

-

-

Proceeds from sales of other real estate owned

4,854

6,776

0

0

0

-

-

-

-

2,777

0

0

0

-

-

-

-

5,324

5,763

8,465

9,475

9,237

0

0

0

Net cash provided by (used in) investing activities

107,503

214,460

164,696

64,262

-64,738

-139,788

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-118,232

-124,325

-128,061

-153,346

-143,790

-103,743

-120,119

-71,495

-71,184

-81,058

0

0

0

Net decrease in demand and savings deposits

33,123

52,491

70,947

55,096

28,286

14,530

26,682

55,226

28,552

22,624

4,221

-12,095

-11,645

-7,690

-16,268

-25,101

671

24,062

13,125

54,289

34,835

38,226

0

0

0

Net decrease in certificates of deposits

-189,440

-174,396

-136,977

-60,351

-24,399

98,740

116,008

161,545

162,522

109,936

132,423

113,221

96,829

110,030

106,543

106,113

84,068

42,694

23,166

-57,696

-26,462

-49,065

0

0

0

Net change in other borrowings

781

-33

-38

-32

171

-472

-514

-602

-539

-853

-866

-1,059

-1,627

-1,793

-2,166

-2,392

-2,239

-19,912

-4,963

-6,707

-7,998

9,688

0

0

0

Proceeds from FHLB advances

276,000

115,000

181,000

202,000

181,000

150,000

84,000

98,000

171,000

192,660

192,660

684,660

806,660

767,200

1,158,395

1,020,895

835,895

795,695

0

0

0

-

-

-

-

Repayment of FHLB advances

267,000

160,000

239,000

250,800

201,100

182,100

109,900

123,100

160,800

179,055

197,255

669,655

779,805

725,750

0

0

0

-

-

-

-

5,000

0

0

0

Payments to acquire treasury stock

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

889

0

0

0

Proceeds from issuance of common stock

0

-

-

-

-

459

517

686

910

1,124

1,507

1,729

1,468

1,180

1,008

570

424

17,369

0

0

0

-

-

-

-

Dividends paid on common stock

1,475

1,344

1,927

1,608

1,741

1,874

702

1,736

1,665

1,594

1,523

1,451

1,378

1,270

1,172

1,074

978

918

0

0

0

-

-

-

-

Dividends paid on preferred stock

463

472

16

452

433

413

1,502

383

368

353

337

326

322

321

321

322

321

320

320

319

320

320

0

0

0

Net cash used in financing activities

-153,867

-168,489

-125,626

-55,945

11,194

107,928

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-40,881

67,924

70,849

35,207

-28,250

-5,684

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

110,110

126,495

141,237

147,769

116,768

101,101

89,280

13,228

32,702

4,302

0

0

0

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

14,715

11,371

27,772

39,850

7,121

-9,929

4,427

-30,700

-48,230

-27,172

-61,300

0

0

0

Cash paid during the period for:
Interest

22,472

23,833

23,507

23,429

21,569

20,621

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

10,308

9,594

8,906

8,156

7,605

7,435

7,373

7,464

7,467

7,531

0

0

0

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

6,515

5,835

6,550

6,290

5,860

5,532

4,902

3,717

4,497

0

0

0

Noncash operating activities:
Change in accounting principle

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

6,315

5,293

5,292

2,834

6,104

6,455

6,722

5,036

5,130

5,430

5,163

5,162

810

0

0

0

-

-

-

-

-

-

-

-

Loans charged off

-

3,928

4,877

4,822

1,628

1,280

454

454

1,929

1,904

0

0

0

-

-

-

-

1,907

2,323

1,358

793

647

0

0

0