LCNB CORP. LCNB Cash Flow

Lcnb corp. (LCNB)

CashFlow / TTM

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
19,311	18,912	19,275	18,749	16,759	14,845	13,269	12,174	12,439	12,972	13,009	12,799	12,764	12,482	11,712	11,449	11,604	11,474	11,807	11,892	11,380	9,869	8,999	8,638	8,375	8,780	8,592	8,082	7,721	8,270	8,065	8,085	8,090	8,115	0	0	0
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation, amortization, and accretion
2,745	3,244	3,285	3,648	3,832	4,073	3,802	3,659	3,525	3,308	2,617	2,545	2,522	2,557	0	0	3,050	-	2,800	2,766	2,969	2,991	2,625	2,304	2,247	2,212	2,619	2,904	3,037	3,072	3,180	3,185	3,068	2,978	0	0	0
Provision (credit) for loan losses
1,485	207	174	569	739	923	952	281	279	215	280	664	838	913	1,238	1,106	1,387	1,366	1,179	1,340	918	930	956	733	520	588	978	1,236	1,285	1,351	1,355	1,507	1,640	2,089	0	0	0
Deferred income tax provision
396	419	564	402	360	228	1,367	613	931	1,478	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of bank owned life insurance
1,045	943	839	735	734	738	744	749	757	760	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized loss from equity securities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	635	-	634	643	658	671	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Curtailment charge for nonqualified defined benefit retirement plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	191	0	0	0
Increase in cash surrender value of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	635	602	578	581	589	598	596	0	0	0
Bank Owned Life Insurance Death Benefits In Excess Of Cash Surrender Value
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Securities, FV-NI, Gain (Loss)
504	264	122	63	43	-73	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized (gain) loss from sales of debt securities, available-for-sale
198	-41	-37	-24	-26	-8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized gain from sales of securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	755	-	388	485	264	149	400	361	469	1,060	1,720	2,089	2,060	1,853	1,142	988	1,033	948	0	0	0
Realized (gain) loss from sales of premises and equipment
2	1	-533	-535	-576	-575	-33	-178	-112	-113	-119	25	-34	-33	0	0	2	-	13	121	123	128	97	-11	-13	-18	0	0	0	-	-	-	-	-	-	-	-
Realized gain from sale of insurance agency
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,503	0	0	0
Realized (gain) loss from sales and impairment of other real estate owned and repossessed assets
-33	-44	0	0	0	-	-	-	-	-3	0	-191	-537	-534	0	0	-387	-	-222	-8	-57	-85	-2	-82	-67	182	-40	-19	16	-295	-265	-248	-234	-137	0	0	0
Origination of mortgage loans for sale
20,045	16,418	12,895	9,845	9,319	8,924	7,979	6,651	6,424	7,513	9,376	10,783	11,513	11,217	0	0	7,711	-	7,693	7,594	8,545	7,480	7,460	8,350	12,702	19,267	25,587	31,087	29,393	28,084	23,809	18,048	13,496	9,352	0	0	0
Realized gains from sales of loans
419	328	248	197	230	223	212	183	149	166	205	244	242	244	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of mortgage loans
20,274	16,590	13,018	9,932	9,434	9,033	8,088	6,752	6,496	7,588	9,474	10,910	11,637	11,353	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Penalty for prepayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-251	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized gains from sales of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	451	545	528	506	445	329	251	177	0	0	0
Proceeds from sales of mortgage loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	7,511	8,425	12,794	19,415	25,785	31,325	29,634	28,307	24,011	18,190	13,607	9,430	0	0	0
Compensation expense related to stock options
-	-	-	-	-	-	-	-	-	1	2	4	5	5	0	0	13	-	19	21	24	24	27	31	35	37	39	40	41	41	40	43	44	45	0	0	0
Compensation expense related to restricted stock
97	134	130	127	121	107	95	83	75	75	91	108	124	90	0	0	112	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in:
Accrued income receivable
-756	-230	-694	213	165	-215	25	-30	44	4	218	-71	-62	216	0	0	434	-	114	-292	-357	-414	-327	-340	-172	-100	-84	-174	-143	-236	-75	-124	-293	-267	0	0	0
Other assets
2,736	1,373	2,214	1,889	1,936	1,811	2,219	-1,157	-358	269	1,771	2,804	1,242	791	0	0	2,146	-	580	241	-253	-1,898	-314	1,272	-732	-370	-80	-781	504	307	-651	-289	-474	-324	0	0	0
Other liabilities
1,118	1,474	2,401	1,179	1,215	1,344	-574	-1,723	672	948	3,367	2,544	72	634	0	0	2,001	-	1,382	1,745	511	560	441	1,315	409	248	190	-640	-7	743	271	-45	-79	-162	0	0	0
TOTAL ADJUSTMENTS
1,639	3,056	3,934	2,890	3,890	4,897	3,696	4,475	5,243	5,163	4,096	3,593	2,751	3,002	0	0	2,914	-	3,806	4,618	4,149	6,071	3,639	2,615	3,107	1,654	1,410	1,485	1,032	2,719	3,686	3,411	3,722	2,542	0	0	0
NET CASH FLOWS PROVIDED BY OPERATING ACTIVITIES
20,950	21,968	23,209	21,639	20,649	19,742	16,965	16,649	17,682	18,135	17,105	16,392	15,515	15,484	0	0	14,518	-	15,613	16,510	15,529	15,940	12,638	11,253	11,482	10,434	10,002	9,567	8,753	10,989	11,751	11,496	11,812	10,657	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of equity securities
713	398	434	394	393	127	116	108	108	43	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of debt securities, available-for-sale
71,501	84,521	75,407	55,504	30,351	8,545	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities and calls of debt securities:
Proceeds from sales of investment securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	105,278	79,555	112,408	97,981	66,456	96,180	47,227	67,296	73,191	47,350	62,018	59,284	68,459	97,094	83,966	90,573	72,301	49,271	52,195	36,769	0	0	0
Available-for-sale
58,174	28,942	28,024	22,489	22,915	24,249	24,763	25,600	23,931	25,012	55,858	59,792	72,593	84,529	0	0	43,017	-	32,241	27,711	31,745	36,716	34,905	35,189	29,232	26,496	30,634	32,159	37,214	37,669	41,060	62,375	58,418	61,424	0	0	0
Held-to-maturity
10,371	10,766	5,446	5,421	6,198	6,281	7,916	9,387	9,248	14,057	10,852	11,239	11,473	6,640	0	0	3,873	-	2,917	3,153	4,333	4,688	8,080	8,498	8,381	9,172	5,522	4,886	3,588	2,648	4,426	5,335	5,675	6,521	0	0	0
Purchases of equity securities
59	367	378	389	1,392	1,118	1,180	1,161	151	80	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of debt securities:
Available-for-sale
-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt securities, available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	147,134	-	105,340	86,772	65,543	92,180	93,778	93,314	96,030	74,083	92,598	110,535	124,617	132,836	110,508	143,111	146,849	111,914	0	0	0
Held-to-maturity
5,702	8,570	7,798	7,154	6,059	3,431	2,735	2,560	3,295	5,625	5,675	10,229	13,423	25,010	0	0	17,450	-	3,977	3,977	10,784	11,090	10,526	10,778	2,017	9,687	13,693	14,591	15,583	7,338	5,796	5,566	4,630	5,114	0	0	0
Proceeds from maturities of interest-bearing time deposits
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from redemption of Federal Reserve Bank stock
0	1	1	1	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	41	41	41	41	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from maturities of interest-bearing time deposits
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of Federal Reserve Bank stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	7	7	9	1	0	0	0
Net increase in loans
64,425	44,093	62,942	71,464	66,545	65,842	43,943	46,974	45,443	29,692	22,647	26,635	32,053	48,153	0	0	47,270	-	47,514	33,952	17,927	10,081	4,754	19,990	19,468	21,352	9,965	-3,327	-5,136	-5,729	10,445	6,369	-4,122	8,438	0	0	0
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	0	0	4,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Life Insurance Policy
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,633	3,633	3,633	3,633	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from Sale of Foreclosed Assets
0	-	-	-	0	-	-	-	-	971	1,244	1,497	1,497	526	0	0	131	-	153	661	727	750	822	388	445	1,173	1,075	1,001	884	33	0	0	0	-	-	-	-
Additions to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	48	48	45	27	24	24	7	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned and repossessed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchases of premises and equipment
4,246	3,934	2,804	1,539	849	600	1,032	1,344	3,537	6,617	10,298	11,446	12,440	9,450	0	0	590	-	639	513	964	1,052	1,101	1,266	832	858	689	628	635	478	658	1,098	1,907	2,578	0	0	0
Proceeds from sale of premises and equipment
6	5	637	637	650	651	71	68	273	272	222	222	62	63	0	0	23	-	34	162	173	179	167	39	7	1	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of insurance agency, net of cash disposed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,523	0	0	0
Net cash acquired from acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,114	9,114	9,115	9,115	-9,771	0	0	0	-	-	-	-	-	-	-	-
Net cash received from acquisition of Columbus First Bancorp, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
NET CASH FLOWS PROVIDED BY INVESTING ACTIVITIES
8,637	9,056	-7,800	-1,305	6,262	-10,788	23,839	30,839	7,510	14,801	1,558	-20,171	-29,987	-27,516	0	0	-43,696	-	-42,162	16,158	-11,803	-11,002	796	-40,092	-24,226	-587	-1,980	20,500	-1,779	-5,511	-10,825	-38,731	-32,410	-21,212	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits
-1,985	47,361	-15,640	-22,319	-20,036	-29,332	5,070	-8,072	-24,735	-25,084	-37,398	19,222	27,990	23,745	0	0	47,350	-	47,747	-1,924	-10,752	-4,797	-16,885	20,886	-1,461	-22,310	-29,403	-46,559	8,531	7,909	11,383	31,905	20,475	25,023	0	0	0
Net decrease in short-term borrowings
0	-56,230	0	0	-10,000	-770	-40,000	-41,712	-15,957	4,960	13,011	1,171	4,289	4,653	0	0	-1,786	-	-10,023	-10,792	2,239	7,339	1,492	-13,400	-1,045	-5,101	10,735	23,130	1,019	-7,840	-310	944	-812	-95	0	0	0
Proceeds from long-term debt
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	0	0	0
Principal payments on long-term debt
-	-	-	-	-	-	-	-	261	295	299	324	309	5,349	0	0	5,364	-	5,416	5,421	5,427	745	1,014	1,282	1,548	3,395	3,395	9,395	9,395	7,668	0	0	0	-	-	-	-
Penalty for prepayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	251	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from issuance of common stock
83	76	80	69	68	65	57	43	40	41	41	43	44	52	0	0	70	-	54	62	63	58	26,968	26,954	26,950	26,950	40	39	45	49	137	223	208	193	0	0	0
Repurchase of stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	1,545	0	0	1,545	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid on common stock
8,738	8,658	8,590	8,519	8,416	7,773	7,128	6,609	6,092	6,088	6,082	6,077	6,061	6,048	0	0	6,011	-	5,820	5,726	5,633	5,636	5,641	5,383	5,124	4,860	4,456	4,315	4,167	4,016	4,078	4,140	4,212	4,283	0	0	0
NET CASH FLOWS USED IN FINANCING ACTIVITIES
-24,319	-30,299	-12,395	-22,050	-24,878	-14,300	-42,195	-52,554	-40,972	-26,415	-30,673	14,739	26,657	15,910	0	0	32,628	-	26,707	-23,636	-19,510	-3,781	4,932	27,814	17,854	-8,634	-26,409	-37,057	-3,939	-11,538	-509	27,290	13,988	19,091	0	0	0
NET CHANGE IN CASH AND CASH EQUIVALENTS
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CHANGE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-5,346	-1,391	-5,066	-15,780	6,521	-12,010	10,960	12,185	3,878	0	0	3,450	-	158	9,032	-15,784	1,157	18,366	-1,025	5,110	1,213	-18,387	-6,990	3,035	-6,060	417	55	-6,610	8,536	0	0	0
SUPPLEMENTAL CASH FLOW INFORMATION:
CASH PAID DURING THE YEAR FOR:
Interest paid
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	3,465	-	3,327	3,334	3,537	3,502	3,612	3,667	3,710	4,097	4,260	4,452	4,777	4,967	5,250	5,630	6,019	6,489	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-	2,185	2,700	3,660	4,090	4,420	0	0	4,650	-	4,080	3,360	3,610	2,610	2,970	3,640	3,245	3,685	3,145	2,785	2,605	2,165	2,525	3,045	3,014	3,634	0	0	0
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING ACTIVITY:
Transfer from loans to other real estate owned and repossessed assets
-	-	-	-	-	-	-	-	-	974	974	1,006	1,006	32	0	0	0	-	79	79	301	435	433	560	338	131	237	301	322	859	0	0	0	-	-	-	-
Transfer from loans to other real estate owned and repossessed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0