Kentucky first federal bancorp (KFFB)
CashFlow / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11
Cash flows from operating activities:
Net income

812

1,323

935

1,501

2,069

1,934

2,916

1,715

1,756

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

282

309

336

321

278

288

231

-

-

Accretion of purchased loan credit discount

90

86

159

164

310

155

0

-

-

Depreciation

-

-

-

-

-

-

-

-8

8

Amortization of purchased loan premium

11

15

16

17

18

11

0

-

-

Amortization of deferred loan origination costs (fees)

82

80

48

39

55

-18

10

-

-

Amortization of deferred loan origination costs

-

-

-

-

-

-

-

-12

-108

Depreciation

-

-

-

-

-

-

-

189

185

Amortization of premiums on investment securities

-6

-12

-69

-80

-148

-216

-139

0

-

Accretion of premiums on Federal Home Loan Bank advances

-

-

-

-

-

56

84

-

-

Accretion of premiums on deposits

-

-

35

84

212

414

346

-

-

Net gain on sale of investments

-

-

-

0

-

-

-

-

-

Net gain on sale of investments

-

-

64

-

-

-

-

-

-

Net gain on sales of loans

29

28

23

51

28

55

200

-

-

Net gain on sale of loans

-

-

-

-

-

-

-

23

155

Write down of real estate owned

-

-

-

-

-

-

-

0

-

Net gain on sale of real estate owned

10

52

67

120

186

-7

7

-

-

Net loss (gain) on sale of real estate owned

-

-

-

-

-

-

0

-

-

Amortization of premiums on Federal Home Loan Bank advances

-

-

-

-

-

-

-

87

131

Amortization of premiums on deposits

-

-

-

-

-

-

-

0

-

Net gain on sale of loans

-

-

-

-

-

-

-

-67

-107

Valuation adjustments of real estate owned

66

37

171

151

87

101

25

-

-

Deferred gain on sale of real estate owned

-

20

17

15

21

10

-

-

-

ESOP compensation expense

158

188

213

188

154

155

146

180

180

Transfers from loans to real estate acquired through foreclosure

-

-

-

-

-

-

2,203

-

-

Loans disbursed upon sales of real estate acquired through foreclosure

-

-

-

-

-

-

2,563

-

-

Net gain on sale of property & equipment

9

-

-

-

-

-

-

3

0

Earnings on bank-owned life insurance

74

449

94

-

-

-

-

-

-

Provision for loan losses

11

185

242

-

-

-

-

-

-

Stock benefit plans and stock options expense

-

-

-

-

-

-

-

-

284

Earnings on bank-owned life insurance

-

-

-

93

93

91

90

90

90

Provision for loan losses

-

-

-

15

343

580

662

139

668

Origination of loans held for sale

821

929

746

1,231

699

1,420

4,126

875

3,881

Proceeds from loans held for sale

850

957

769

1,382

627

1,671

4,611

417

4,406

Bargain purchase gain

-

-

-

-

-

-

958

-

-

Increase (decrease) in cash, due to changes in:
Accrued interest receivable

52

27

-31

-15

-166

-28

-13

-41

20

Prepaid expenses and other assets

-25

144

-356

313

22

-51

-449

-50

-123

Accrued interest payable

6

1

-1

-10

0

-4

-46

-27

-54

Accounts payable and other liabilities

-239

123

5

-88

42

-5

102

-

-

Current

-124

-70

19

-171

305

-223

110

-

-

Federal income taxes

141

-276

92

77

375

-104

213

-

-

Accounts payable and other liabilities

-

-

-

-

-

-

-

-148

-22

Federal income taxes

-

-

-

-

-

-

-

-8

-143

Net cash provided by operating activities

-

-

-

1,446

3,096

2,487

3,770

-

-

Deferred

-

-

-

-

-

-

-

-247

147

Net cash provided by operating activities

1,002

1,149

2,096

-

-

-

-

1,443

3,506

Cash flows from investing activities:
Purchase of investment securities available for sale

994

-

-

-

-

-

-

-

-

Acquisition of CKF Bancorp, net

-

-

-

-

-

-

3,352

0

-

Purchase of investment securities held to maturity

-

-

6,499

11,000

8,500

10,000

14,000

12,500

11,000

Purchase of time deposits in other financial institutions

4,486

2,727

490

3,711

0

-

-

-

-

Maturities of time deposits in other financial institutions

3,216

1,236

0

-

-

-

-

-

-

Securities maturities, prepayments and calls:
Purchase held to maturity U.S. Treasury notes

-

-

-

-

-

-

-

0

-

Held to maturity

220

473

9,043

13,264

10,947

13,000

17,163

2,054

13,625

Available for sale

4

22

10

14

40

27

26

12,514

41

Proceeds from sale of property & equipment

338

-

72

0

-

-

-

-

-

Proceeds from bank-owned life insurance

-

1,163

0

-

-

-

-

-

-

Loans originated for investment, net of principal collected

10,806

13,001

20,785

-5,739

-1,388

-

-

-

-

Loans originated for investment, net of principal collected

-

-

-

-

-

13,794

15,592

2,456

3,205

Proceeds from Federal Home Loan Bank stock repurchase

-

-

-

-

-

1,250

-

-

-

Proceeds from sale of real estate owned

175

409

943

888

1,831

700

504

177

294

Additions to real estate owned

98

5

37

152

0

-

-

-

-

Proceeds from Federal Home Loan Bank stock repurchase

-

-

-

-

-

-

0

-

-

Additions to premises and equipment, net

148

151

124

1,108

884

309

76

163

121

Net cash used in investing activities

-

-

-

3,934

4,822

18,462

15,857

-

-

Net cash provided by (used in) investing activities

-12,579

-12,581

-17,867

-

-

-

-

4,538

6,044

Cash flows from financing activities:
Net increase (decrease) in deposits

183

12,808

-5,692

-11,045

-13,229

-17,425

-4,702

-5,388

-5,029

Payments by borrowers for taxes and insurance, net

1

-56

77

42

83

54

45

-

-

Payments by borrowers for taxes and insurance, net

-

-

-

-

-

-

-

-16

-136

Proceeds from Federal Home Loan Bank advances

43,150

24,600

47,100

33,200

23,800

10,000

22,500

29,000

16,000

Repayments on Federal Home Loan Bank advances

29,499

27,328

24,531

26,624

14,365

17,054

32,310

27,184

22,640

Treasury stock purchases

-904

-

-

-

-

-

6,989

0

-

Treasury stock repurchases

-

-

-

-

698

42

61

135

218

Dividends paid on common stock

1,436

1,453

1,487

1,480

1,385

1,511

1,283

1,604

1,112

Net cash provided by (used in) financing activities

-

-

-

-5,907

-5,794

-25,978

-8,822

-

-

Net cash provided by (used in) financing activities

11,495

8,571

15,467

-

-

-

-

-5,295

-12,863

Net increase in cash and cash equivalents

-82

-2,861

-304

-527

2,124

-5,029

10,805

686

-3,313

Supplemental disclosure of cash flow information:
Federal income taxes

100

300

400

-

-

-

-

-

-

Cash paid during the period for:
Federal income taxes

-

-

-

710

330

1,275

960

1,090

97

Interest on deposits and borrowings

3,246

2,160

1,493

-

-

-

-

-

-

Interest on deposits and borrowings

-

-

-

1,454

1,640

2,092

2,144

2,218

3,343

Transfers of loans to real estate owned, net

347

910

841

442

2,123

1,684

-

96

4,643

Loans made on sale of real estate owned

214

169

214

741

643

198

-

2,375

686

Deferred gain on sale of real estate acquired through foreclosure

-

-

-

-

-

-

-

17

0