Kearny financial corp. (KRNY)
CashFlow / TTM
Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Cash Flows from Operating Activities:
Net Income

11,799

9,707

10,525

10,188

9,284

9,242

7,432

6,506

5,779

5,427

4,720

5,078

7,713

9,009

8,534

7,851

0

0

0

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

2,897

2,886

2,775

2,645

2,604

2,565

2,579

2,610

2,636

2,662

2,676

2,665

2,630

2,580

2,416

2,214

0

0

0

Net amortization of premiums, discounts and loan fees and costs

2,103

2,189

2,275

2,667

3,549

5,067

7,385

9,163

10,321

10,554

9,953

8,881

6,910

5,474

4,292

3,069

0

0

0

Deferred income taxes

1,209

1,885

2,822

83

183

160

-303

278

-174

35

545

96

1,676

2,366

1,733

1,245

0

0

0

Amortization of intangible assets

153

136

117

122

126

130

134

138

142

146

151

155

0

0

0

-

-

-

0

Amortization of benefit plans' unrecognized net loss

-

-

0

-

-

-

-86

-100

-145

-110

-75

-40

47

54

61

68

0

0

0

Provision for loan losses

5,125

4,244

3,071

3,381

3,932

4,459

5,293

4,464

5,244

5,094

5,024

5,750

4,755

4,889

4,442

4,628

0

0

0

Loss on write-down and sales of real estate owned

-1,027

-588

-593

-441

-304

-241

-480

-775

-7,142

-5,919

-3,660

-3,330

3,177

1,940

-59

-81

0

0

0

Realized gain on sale of loans

-

-

-

80

0

0

0

-

-

-

-

661

1,018

835

725

539

0

0

0

Proceeds from sale of loans

-

-

-

6,092

0

0

0

-

-

-

-

7,123

12,074

10,671

10,356

8,169

0

0

0

Realized gain on disposition of premises and equipment

0

0

0

-

-

-

-

105

0

0

0

-

-

-

-

-

-

-

-

Increase in cash surrender value of bank owned life insurance

-

0

0

-

-

2,599

2,285

1,966

1,449

1,149

941

748

740

746

735

708

0

0

0

ESOP, stock option plan and restricted stock plan expenses

2,568

2,517

2,316

2,062

1,791

1,703

1,656

1,640

1,616

1,597

1,606

1,576

1,575

1,474

2,087

3,282

0

0

0

Increase in interest receivable

399

760

425

611

0

0

0

-

-

-885

-316

-1,345

0

0

0

-

-

-

0

(Increase) decrease in other assets

14,279

6,349

3,418

-367

-1,914

-836

-2,197

-2,882

-3,250

-3,777

-1,096

-2,655

-2,163

-2,318

-3,679

-1,513

0

0

0

Increase in interest payable

20

-5

55

71

290

58

7

-41

-274

-8

2

-46

-55

-211

-246

-223

0

0

0

Increase in other liabilities

21,333

5,677

3,783

3,014

2,112

2,114

1,275

76

327

-460

-515

157

-2,099

-1,129

-1,645

-1,893

0

0

0

Net Cash Provided by Operating Activities

36,226

24,287

25,657

26,007

21,546

28,344

29,180

29,923

33,465

32,419

32,598

37,357

39,367

39,110

35,531

28,789

0

0

0

Purchase of debt securities available for sale

102,587

156,220

160,982

158,909

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of debt securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Proceeds from calls and maturities of debt securities available for sale

-

-

-

-

-

-

-

-

-

-

-

30,598

59,879

84,574

80,435

54,891

0

0

0

Proceeds from repayments of debt securities available for sale

756

570

735

737

785

798

643

732

632

637

684

838

922

1,198

963

1,193

0

0

0

Purchase of debt securities held to maturity

12,437

12,769

8,211

9,056

68,141

66,977

209,755

208,610

145,245

145,331

2,216

2,236

1,915

4,386

3,968

68,873

0

0

0

Proceeds from calls and maturities of debt securities held to maturity

-

-

0

-

-

-

2,216

32,236

32,282

42,565

72,999

73,019

123,952

194,654

188,452

248,362

0

0

0

Proceeds from repayments of debt securities held to maturity

230

-327

293

404

807

1,313

897

984

767

1,026

1,021

966

907

980

875

670

0

0

0

Purchase of loans

168,040

88,074

70,892

114,343

116,087

68,007

69,948

17,773

35,209

60,192

80,102

80,014

57,389

30,836

6,985

4,366

0

0

0

Net increase in loans receivable

105,433

103,335

144,358

196,468

198,753

194,524

137,793

69,663

57,007

22,279

-21,135

-48,566

-61,926

-98,644

-91,179

-81,856

0

0

0

Proceeds from sale of real estate owned

1,312

2,128

1,098

1,484

2,677

2,001

3,254

3,847

0

0

0

-

-

-

-

-

-

-

-

Purchases of mortgage-backed securities available for sale

-

-

-

50,155

155,813

310,461

310,759

373,003

330,107

290,997

517,200

523,211

615,265

605,807

431,666

539,201

0

0

0

Principal repayments on mortgage-backed securities available for sale

79,432

81,001

92,282

114,107

144,912

206,366

277,224

335,914

363,918

356,887

343,995

305,665

271,543

253,735

227,884

210,287

0

0

0

Purchases of mortgage-backed securities held to maturity

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments on mortgage-backed securities held to maturity

31,435

7,517

5,081

2,299

1,361

1,005

666

312

267

252

237

228

215

244

290

315

0

0

0

Purchase of bank owned life insurance

-

-

-

-

-

-

-

35,503

0

0

0

-

-

-

-

-

-

-

-

Purchase of FHLB stock

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of FHLB stock

-

-

0

-

-

-

21,561

17,151

7,474

6,303

5,178

5,178

1,853

504

2,753

2,752

0

0

0

Proceeds from cash settlement of premises and equipment

-

0

0

-

-

-

-

220

0

0

0

-

-

-

-

-

-

-

-

Additions to premises and equipment

2,224

2,985

3,478

3,560

3,333

2,079

1,387

1,042

1,116

1,047

1,543

1,797

2,220

2,520

1,804

1,661

0

0

0

Net Cash Used in Investing Activities

-237,819

-225,561

-171,220

-245,690

-633,711

-440,803

-440,480

-284,362

140,511

-16,019

-125,739

-117,874

-130,489

18,474

148,925

-13,258

0

0

0

Net decrease in deposits

22,373

1,246

32,019

23,326

243,690

237,151

185,679

198,899

-1,151

23,550

-2,574

22,978

14,334

-12,944

9,621

49,952

0

0

0

Repayment of term FHLB advances

1,353,092

1,203,092

1,003,090

800,088

645,088

493,775

318,774

218,774

73,773

83

82

80

79

10,079

10,065

10,046

0

0

0

Proceeds from term FHLB advances

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change in overnight borrowings

0

0

-60,000

12,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in other short-term borrowings

-

-

0

-

-

-

0

-

0

0

0

-

-598

-507

206

0

0

0

0

(Decrease) increase in advance payments by borrowers for taxes

-53

384

330

1,111

1,037

1,901

2,292

1,866

2,211

1,077

247

180

83

-1

442

95

0

0

0

Dividends paid to stockholders of Kearny Financial Corp.

-

-

-

-

-

-

-

-

-

-

-

3,617

3,165

3,203

3,217

3,233

0

0

0

Purchase of common stock of Kearny Financial Corp. for treasury

-

-

-

4,135

5,506

6,476

4,883

4,319

3,167

3,005

6,540

8,464

9,276

8,240

3,717

4,462

0

0

0

Dividends contributed for payment of ESOP loan

-

-

-

-

-

-

-

-2

40

85

122

160

155

150

145

141

0

0

0

Issuance of common stock of Kearny Financial Corp. from treasury

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of cash for exercise of stock options

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by Financing Activities

187,117

144,418

154,163

227,683

537,698

378,760

341,415

225,889

-76,209

23,959

-8,918

13,521

-5,002

-41,280

-13,410

25,627

0

0

0

Tax expense from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-364

0

0

0

Net Decrease in Cash and Cash Equivalents

-14,476

-56,856

8,600

8,000

-74,467

-33,699

-69,885

-28,550

97,767

40,359

-102,059

-66,996

-96,124

16,304

171,046

41,158

0

0

0

Supplemental Disclosures of Cash Flows Information:
Cash paid during the year for:
Income taxes, net of refunds

-194

2,968

4,253

3,503

6,190

3,314

1,609

1,687

1,019

523

3,030

1,836

1,836

2,027

633

3,603

0

0

0

Interest

24,697

23,895

23,004

21,919

20,311

20,365

20,767

22,042

24,324

25,624

27,064

28,415

29,530

30,760

31,698

32,439

0

0

0

Non-cash investing and financing activities:
Acquisition of real estate owned in settlement of loans

2,106

2,234

1,325

1,489

1,346

1,429

1,346

2,873

3,004

2,793

3,595

1,786

7,332

7,768

6,597

7,046

0

0

0