LCNB CORP. LCNB Cash Flow

Lcnb corp. (LCNB)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
5,026	4,830	4,727	4,728	4,627	5,193	4,201	2,738	2,713	3,617	3,106	3,003	3,246	3,654	2,896	2,968	2,964	2,884	2,633	3,123	2,834	3,217	2,718	2,611	1,323	2,347	2,357	2,348	1,728	2,159	1,847	1,987	2,277	1,954	1,867	1,992	2,302
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation, amortization, and accretion
248	806	844	847	747	847	1,207	1,031	988	576	1,064	897	771	-115	992	874	806	-	851	504	753	692	817	707	775	326	496	650	740	733	781	783	775	841	786	666	685
Provision (credit) for loan losses
1,173	-6	264	54	-105	-39	659	224	79	-10	-12	222	15	55	372	396	90	380	240	677	69	193	401	255	81	219	178	42	149	609	436	91	215	613	588	224	664
Deferred income tax provision
28	194	-12	186	51	339	-174	144	-81	1,478	-928	462	466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of bank owned life insurance
284	289	289	183	182	185	185	182	186	191	190	190	189	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized loss from equity securities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	169	-	156	155	159	164	165	170	172	-	-	-	-	-	-	-	-	-	-	-	-
Curtailment charge for nonqualified defined benefit retirement plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	191
Increase in cash surrender value of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	172	172	146	145	139	148	149	153	148	146
Bank Owned Life Insurance Death Benefits In Excess Of Cash Surrender Value
316	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Securities, FV-NI, Gain (Loss)
333	57	60	54	93	-85	1	34	-23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized (gain) loss from sales of debt securities, available-for-sale
221	-4	-20	1	-18	0	-7	-1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized gain from sales of securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	307	279	371	-	0	221	111	56	97	0	-4	307	58	108	587	967	427	79	380	256	273	124	295
Realized (gain) loss from sales of premises and equipment
1	0	3	-2	0	-534	1	-43	1	8	-144	23	0	2	0	-36	1	-	1	0	0	12	109	2	5	-19	1	0	0	-	-	-	-	-	-	-	-
Realized gain from sale of insurance agency
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,503
Realized (gain) loss from sales and impairment of other real estate owned and repossessed assets
11	3	0	-47	0	-	-	-	-	0	0	0	-3	3	-191	-346	0	-	-155	0	9	-76	59	-49	-19	7	-21	-34	230	-215	0	1	-81	-185	17	15	16
Origination of mortgage loans for sale
4,890	5,969	5,974	3,212	1,263	2,446	2,924	2,686	868	1,501	1,596	2,459	1,957	3,364	3,003	3,189	1,661	-	1,643	1,919	1,675	2,456	1,544	2,870	610	2,436	2,434	7,222	7,175	8,756	7,934	5,528	5,866	4,481	2,173	976	1,722
Realized gains from sales of loans
120	121	114	64	29	41	63	97	22	30	34	63	39	69	73	61	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of mortgage loans
4,964	6,029	6,034	3,247	1,280	2,457	2,948	2,749	879	1,512	1,612	2,493	1,971	3,398	3,048	3,220	1,687	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Penalty for prepayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-251	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized gains from sales of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	-	24	53	15	-	57	119	129	146	151	102	107	85	35	24	33
Proceeds from sales of mortgage loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,693	-	1,552	2,894	620	2,445	2,466	7,263	7,241	8,815	8,006	5,572	5,914	4,519	2,185	989	1,737
Compensation expense related to stock options
-	-	-	-	-	-	-	-	-	0	0	0	1	1	2	1	1	-	3	3	7	6	5	6	7	9	9	10	9	11	10	11	9	10	13	12	10
Compensation expense related to restricted stock
33	22	21	21	70	18	18	15	56	6	6	7	56	22	23	23	22	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in:
Accrued income receivable
546	-982	421	-741	1,072	-1,446	1,328	-789	692	-1,206	1,273	-715	652	-992	984	-706	930	-	1,037	-590	656	-989	631	-655	599	-902	618	-487	671	-886	528	-456	578	-725	479	-625	604
Other assets
1,492	-466	1,220	490	129	375	895	537	4	783	-2,481	1,336	631	2,285	-1,448	-226	180	-	-882	1,335	1,336	-1,209	-1,221	841	-309	375	365	-1,163	53	665	-336	122	-144	-293	26	-63	6
Other liabilities
-1,953	231	2,782	58	-1,597	1,158	1,560	94	-1,468	-760	411	2,489	-1,192	1,659	-412	17	-630	-	125	1,467	-816	606	488	233	-767	487	1,362	-673	-928	429	532	-40	-178	-43	216	-74	-261
TOTAL ADJUSTMENTS
-3,721	2,289	1,872	1,199	-2,304	3,167	828	2,199	-1,297	1,966	1,607	2,967	-1,377	899	1,104	2,125	-1,126	-	1,043	1,332	-2,275	3,706	1,855	863	-353	1,274	831	1,355	-1,806	1,030	906	902	-119	1,997	631	1,213	-1,299
NET CASH FLOWS PROVIDED BY OPERATING ACTIVITIES
1,305	7,119	6,599	5,927	2,323	8,360	5,029	4,937	1,416	5,583	4,713	5,970	1,869	4,553	4,000	5,093	1,838	-	3,676	4,455	559	6,923	4,573	3,474	970	3,621	3,188	3,703	-78	3,189	2,753	2,889	2,158	3,951	2,498	3,205	1,003
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of equity securities
646	18	48	1	331	54	8	0	65	43	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of debt securities, available-for-sale
8,786	9,114	25,105	28,496	21,806	0	5,202	3,343	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities and calls of debt securities:
Proceeds from sales of investment securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,723	16,100	20,429	43,026	0	48,953	6,002	11,501	29,724	0	26,071	17,396	3,883	14,668	23,337	26,571	32,518	1,540	29,944	8,299	9,488	4,464	14,518
Available-for-sale
31,022	12,930	8,896	5,326	1,790	12,012	3,361	5,752	3,124	12,526	4,198	4,083	4,205	43,372	8,132	16,884	16,141	-	8,800	8,034	2,824	12,583	4,270	12,068	7,795	10,772	4,554	6,111	5,059	14,910	6,079	11,166	5,514	18,301	27,394	7,209	8,520
Held-to-maturity
111	8,224	131	1,905	506	2,904	106	2,682	589	4,539	1,577	2,543	5,398	1,334	1,964	2,777	565	-	103	1,264	207	1,343	339	2,444	562	4,735	757	2,327	1,353	1,085	121	1,029	413	2,863	1,030	1,369	1,259
Purchases of equity securities
37	7	8	7	345	18	19	1,010	71	80	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of debt securities:
Available-for-sale
-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt securities, available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	9,916	-	28,224	33,605	5,310	-	19,039	48,887	22,035	15,379	471	27,658	48,672	16,977	7	30,374	26,725	35,492	17,944	44,456	34,944	13,164	50,547	48,194	9
Held-to-maturity
280	1,718	819	2,885	3,148	946	175	1,790	520	250	0	2,525	2,850	300	4,554	5,719	14,437	-	0	3,013	400	564	0	9,820	706	0	252	1,059	8,376	4,006	1,150	2,051	131	2,464	920	1,115	615
Proceeds from maturities of interest-bearing time deposits
0	-	-	-	249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from redemption of Federal Reserve Bank stock
0	0	0	0	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	41	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from maturities of interest-bearing time deposits
-	-	-	-	-	-	2,979	498	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of Federal Reserve Bank stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	8	-1	0	2	0
Net increase in loans
28,523	17,340	-4,373	22,935	8,191	36,189	4,149	18,016	7,488	14,290	7,180	16,485	-8,263	7,245	11,168	21,903	7,837	-	8,158	23,026	3,097	13,233	-5,404	7,001	-4,749	7,906	9,832	6,479	-2,865	-3,481	-3,460	4,670	-3,458	12,693	-7,536	-5,821	9,102
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Life Insurance Policy
958	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,633	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from Sale of Foreclosed Assets
208	-	-	-	0	-	-	-	-	0	0	0	971	273	253	0	0	-	0	0	114	39	508	66	137	111	74	123	865	13	0	6	14	-	-	-	-
Additions to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20	25	3	0	17	7	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned and repossessed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35
Purchases of premises and equipment
647	1,233	1,474	892	335	103	209	202	86	535	521	2,395	3,166	4,216	1,669	3,389	176	-	213	141	90	195	87	592	178	244	252	158	204	75	191	165	47	255	631	974	718
Proceeds from sale of premises and equipment
1	0	3	2	0	632	3	15	1	52	0	220	0	2	0	60	1	-	1	21	0	12	129	32	6	0	1	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of insurance agency, net of cash disposed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,523
Net cash acquired from acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	0	9,115	0	0	0	-9,771	-	-	-	-	-	-	-	-
Net cash received from acquisition of Columbus First Bancorp, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
NET CASH FLOWS PROVIDED BY INVESTING ACTIVITIES
12,245	1,100	-1,309	-3,399	12,664	-15,756	5,186	4,168	-4,386	18,871	12,186	-19,161	2,905	5,628	-9,543	-28,977	5,376	-	-18,506	-3,243	-16,495	-3,918	39,814	-31,204	-15,694	7,880	-1,074	-15,338	7,945	6,487	21,406	-37,617	4,213	1,173	-6,500	-31,296	15,411
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits
-2,408	-7,103	-2,576	10,102	46,938	-70,104	-9,255	12,385	37,642	-35,702	-22,397	-4,278	37,293	-48,016	34,223	4,490	33,048	-	19,480	11,175	27,520	-10,428	-30,191	2,347	33,475	-22,516	7,580	-20,000	12,626	-29,609	-9,576	35,090	12,004	-26,135	10,946	23,660	16,552
Net decrease in short-term borrowings
0	0	0	0	-56,230	56,230	0	-10,000	-47,000	17,000	-1,712	15,755	-26,083	25,051	-13,552	18,873	-25,719	-	2,200	-723	-3,191	-8,309	1,431	12,308	1,909	-14,156	-13,461	24,663	-2,147	1,680	-1,066	2,552	-11,006	9,210	188	796	-10,289
Proceeds from long-term debt
-	-	-	-	-	-	-	-	6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,000
Principal payments on long-term debt
-	-	-	-	-	-	-	-	84	60	39	78	118	64	64	63	5,158	-	69	68	5,204	75	74	74	522	344	342	340	2,369	344	6,342	340	642	-	-	-	-
Penalty for prepayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	251	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
5,001	-	0	1,000	4,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	343	341	5,718
Proceeds from issuance of common stock
21	18	31	13	14	22	20	12	11	14	6	9	12	14	8	10	20	-	18	12	16	8	26	13	11	26,918	12	9	11	8	11	15	15	96	97	0	0
Repurchase of stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,545	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
115	-	0	0	0	-	0	0	33	-	0	0	51	-	650	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid on common stock
2,247	2,236	2,111	2,144	2,167	2,168	2,040	2,041	1,524	1,523	1,521	1,524	1,520	1,517	1,516	1,508	1,507	-	1,501	1,499	1,411	1,409	1,407	1,406	1,414	1,414	1,149	1,147	1,150	1,010	1,008	999	999	1,072	1,070	1,071	1,070
NET CASH FLOWS USED IN FINANCING ACTIVITIES
-9,520	-10,280	-5,649	1,130	-15,500	7,624	-15,304	-1,698	-4,922	-20,271	-25,663	9,884	9,635	-24,529	19,749	21,802	-1,112	-	20,128	9,062	17,730	-20,213	-30,215	13,188	33,459	-11,500	-7,333	3,228	6,971	-29,275	-17,981	36,346	-628	-18,246	9,818	23,044	4,475
NET CHANGE IN CASH AND CASH EQUIVALENTS
4,030	-	-	-	-513	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CHANGE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	228	-5,089	7,407	-7,892	4,183	-8,764	-3,307	14,409	-14,348	14,206	-2,082	6,102	-	5,298	10,274	1,794	-17,208	14,172	-14,542	18,735	1	-5,219	-8,407	14,838	-19,599	6,178	1,618	5,743	-13,122	5,816	-5,047	20,889
SUPPLEMENTAL CASH FLOW INFORMATION:
CASH PAID DURING THE YEAR FOR:
Interest paid
2,418	-	-	-	2,607	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	1,338	976	-	883	865	903	-	900	892	888	-	948	723	819	837	955	926	784	947	1,010	969	1,171	1,110	1,202	1,294	1,361	1,393	1,582	1,683	1,831
Income taxes
-	-	-	-	-	-	-	-	-	575	210	900	500	1,090	1,170	1,330	830	-	1,020	1,450	1,000	610	300	1,700	0	970	970	1,305	440	430	610	1,125	0	790	1,130	1,094	620
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING ACTIVITY:
Transfer from loans to other real estate owned and repossessed assets
-	-	-	-	-	-	-	-	-	0	0	0	974	0	32	0	0	-	0	0	79	0	0	222	213	-2	127	0	6	104	191	21	543	-	-	-	-
Transfer from loans to other real estate owned and repossessed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	225