Fidelity southern corp (LION)
CashFlow / TTM
Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

38,169

43,823

46,342

41,534

41,036

39,796

42,418

46,999

44,752

38,766

30,478

27,180

32,986

39,135

39,571

39,156

34,663

30,036

26,684

25,735

27,210

27,638

29,217

29,531

26,502

25,327

23,719

17,662

14,872

11,398

0

0

0

Adjustments to reconcile net income to net cash used in operating activities:
Provision for loan losses

4,327

5,521

4,776

5,841

4,305

4,275

6,760

7,453

9,831

8,231

8,843

8,053

4,743

4,351

1,810

2,341

3,089

531

248

-490

-486

5,440

10,410

12,766

13,146

13,420

13,477

14,400

18,300

20,325

0

0

0

Depreciation and amortization of premises and equipment

4,381

4,405

4,348

4,315

4,344

4,412

4,497

4,671

4,871

4,952

5,258

5,283

5,124

5,041

4,703

4,517

4,633

4,346

4,188

4,099

3,633

3,461

3,163

2,869

2,730

2,596

2,480

2,305

2,177

2,092

0

0

0

Amortization of FDIC indemnification asset, net

0

4

4

4

653

1,159

1,513

1,896

1,757

1,321

1,072

1,170

608

891

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of purchase discounts or premiums, net

2,056

1,959

1,632

2,197

2,796

2,814

1,736

1,525

-456

676

697

452

1,599

230

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other amortization

549

739

903

1,005

1,194

1,321

1,423

1,499

1,397

1,411

843

1,076

803

481

-4,446

-2,464

-1,728

157

-470

965

149

244

9,740

7,322

8,515

7,463

5,082

4,347

3,899

3,525

0

0

0

Impairment of other real estate

727

524

554

484

304

1,058

995

1,593

1,545

1,090

1,046

445

610

460

507

963

999

2,158

2,700

3,867

4,162

4,063

4,627

4,401

5,037

4,690

4,793

4,185

4,147

4,788

0

0

0

Amortization of Mortgage Servicing Rights (MSRs)

-4,462

-13,782

-24,004

-23,876

-22,233

-19,806

-33,575

-33,480

-25,800

-19,527

23,286

12,358

-1,499

-15,885

-22,524

-16,925

-17,966

-13,038

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of operating lease right-of-use assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

7,214

8,111

5,709

5,875

5,350

4,624

5,790

4,358

3,815

3,544

1,330

1,579

1,634

1,468

2,161

1,986

1,806

1,655

763

1,022

1,146

1,270

1,201

924

839

687

519

277

169

58

0

0

0

Postretirement benefits, net

2,401

2,472

1,839

1,289

2,110

2,018

671

1,062

82

15

1,877

1,858

1,870

1,820

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (gain) loss on investment securities called or sold

-

-

-

-

-

-

-

-

-

-

249

-47

-247

-329

0

0

0

-

-

-

-

-

-

-

-

307

0

0

0

-

-

-

-

Gains on loan sales, including origination/sale of servicing rights

75,083

79,615

78,264

81,315

84,005

86,941

92,395

99,433

101,577

97,525

89,905

81,163

79,716

84,635

85,639

80,922

70,947

60,503

45,233

52,821

56,920

63,824

94,629

75,896

60,681

48,164

0

0

0

-

-

-

-

Gain on loan sales, including the fair value adjustment on loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net loss on sales of other real estate

22

24

-148

324

358

659

699

711

635

859

1,315

1,561

3,306

3,084

3,590

3,828

3,142

3,299

2,929

3,564

3,285

4,374

6,184

5,223

4,820

3,521

1,571

400

916

851

0

0

0

Income on bank owned life insurance

4,172

4,189

4,199

1,676

1,697

1,732

1,764

1,813

1,862

1,853

2,338

2,358

2,367

2,400

1,729

1,516

1,754

1,566

1,572

1,587

1,149

1,162

2,992

2,387

1,784

1,203

-1,214

-1,487

-1,216

-1,215

0

0

0

Net change in deferred income tax

-4,928

-3,592

2,911

-3,366

3,764

-2,233

-14,302

-9,442

-15,319

-8,010

-11,371

-5,525

-6,407

-6,540

0

0

0

-

-

-

-

-

-

-

-

4,951

0

0

0

-

-

-

-

Net change in fair value of loans held-for-sale

-556

-2,053

-206

492

628

1,426

-4,405

-964

203

-86

7,739

5,615

1,141

2,490

2,428

1,710

4,416

1,811

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans held-for-sale

2,723,741

2,830,679

2,934,838

2,925,686

2,950,747

2,960,006

3,159,173

3,311,098

3,395,539

3,455,029

3,267,977

3,167,609

3,123,742

3,216,100

3,183,807

3,205,439

3,013,462

2,664,366

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sales of loans held-for-sale

2,930,568

2,996,785

2,950,618

2,926,281

2,940,989

3,122,820

3,323,101

3,438,815

3,496,994

3,452,655

3,222,587

3,232,276

3,175,391

3,232,045

3,193,798

3,116,760

2,830,936

2,515,314

4,995,049

4,108,441

3,573,958

3,092,682

0

0

0

-

-

-

-

-

-

-

0

Net payments paid to FDIC under loss-share agreements

-1,144

-888

1,862

1,860

1,156

487

-390

-446

-484

-92

959

1,218

1,147

480

9,966

8,297

7,291

5,606

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in loans originated for resale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Net decrease in FDIC indemnification asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Decrease in other assets

2,244

1,129

3,755

734

-1,141

-4,611

-5,933

-2,143

-224

1,969

-1,613

-2,000

-4,189

464

-4,207

5,248

5,728

1,746

9,370

-28,482

2,842

-908

-6,315

19,590

-7,041

3,287

6,459

10,684

10,056

1,875

0

0

0

Accrued interest payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

(Decrease) increase in other liabilities

-3,338

3,104

4,181

-4,610

-386

159

-6,001

2,174

-2,481

-10,535

-9,418

-946

-3,606

3,292

12,813

-972

6,305

4,000

-9,802

-11,103

2,547

-1,765

-2,582

11,408

-5,221

-1,268

10,443

5,146

8,162

6,495

0

0

0

Net cash used in operating activities

207,211

166,432

8,749

-12,190

-25,758

155,201

155,725

114,029

91,804

-29,508

-61,759

58,060

38,083

2,955

14,733

-101,427

-183,198

-141,939

-80,297

45,398

170,151

140,577

71,204

-108,811

-110,407

-124,864

-91,651

-79,970

-23,618

116,364

0

0

0

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

176,229

150,941

107,311

39,993

9,923

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

73,966

56,552

37,542

24,447

14,090

13,187

101,256

117,233

170,935

0

0

0

Proceeds from sales of investment securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42,949

0

0

0

-

-

-

-

Purchase of FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Maturities, calls, and repayment of investment securities available-for-sale

21,589

19,511

17,805

18,444

21,363

22,536

25,533

35,646

37,002

41,668

39,594

32,443

30,108

27,799

30,779

29,661

28,588

27,344

28,763

34,396

41,464

46,518

47,722

45,890

56,215

96,813

106,275

119,058

133,094

85,983

0

0

0

Purchases of investment securities held-to-maturity

-

-

-

-

-

-

-

-

-

3,929

5,954

7,543

6,618

5,018

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities, calls and repayment of investment securities held-to-maturity

1,333

1,472

1,606

1,527

1,552

1,798

1,632

1,549

1,522

1,661

1,907

1,752

1,651

1,163

960

965

1,007

1,036

1,213

1,461

1,728

2,111

1,985

2,105

2,662

2,714

3,228

3,490

4,533

5,242

0

0

0

Purchases of FHLB stock

10,981

17,383

20,570

19,295

17,171

11,993

8,806

11,143

10,079

14,008

14,008

11,671

14,222

10,195

16,755

22,380

21,755

19,260

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of FHLB stock

18,275

17,212

14,024

16,149

12,750

15,937

19,338

12,963

7,648

11,050

7,649

13,174

14,238

11,487

14,098

16,448

14,773

13,174

11,689

6,289

8,787

7,691

9,745

7,270

4,322

3,179

0

0

0

-

-

-

-

Net proceeds from sales of loans previously classified as held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52,211

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investment in FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net decrease (increase) in loans

-27,938

113,934

303,727

465,422

362,991

282,213

83,700

148,049

272,646

270,119

407,598

463,269

455,693

463,366

533,977

446,980

479,281

426,029

355,617

255,371

144,300

191,414

129,305

115,236

155,838

141,066

150,473

207,407

190,719

187,148

0

0

0

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

30,000

30,000

30,000

25,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate

1,049

804

1,723

2,947

4,935

8,921

10,696

12,243

12,719

11,561

12,204

13,660

17,030

17,682

21,446

21,823

19,599

21,649

19,134

23,918

28,824

31,161

0

0

0

-

-

-

-

-

-

-

0

Capital improvements to other real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchases of premises and equipment

10,150

9,641

6,116

7,241

5,857

5,305

5,940

6,180

5,227

6,529

9,629

7,592

13,152

12,160

10,811

12,340

10,513

13,406

14,634

12,676

12,713

10,347

8,607

8,762

8,200

8,669

12,017

12,175

10,566

9,252

0

0

0

Cash received in excess of cash paid for acquisition

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-110,428

-236,152

-393,822

-499,884

-362,342

-257,319

-43,229

-106,619

-245,434

-205,080

-258,079

-214,457

-211,668

-229,480

-411,370

-261,458

-293,310

-214,756

-74,997

-193,806

-38,703

-136,929

-76,062

9,685

-33,711

46,724

52,491

-95,177

-73,715

-194,543

0

0

0

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

50,858

88,936

136,677

142,691

146,943

160,698

136,536

87,293

120,053

113,756

130,770

200,146

29,453

138,794

51,595

59,107

154,525

48,638

171,951

129,997

144,592

106,378

0

0

0

-

-

-

-

-

-

-

-

Net increase in interest-bearing deposits

31,268

25,442

-25,068

27,143

-1,644

75,908

262,916

242,897

213,607

153,644

46,042

129,065

137,952

127,032

211,854

145,656

88,916

36,065

-51,079

-57,912

-2,354

28,063

18,738

69,635

-30,805

-64,840

-116,495

-149,121

-70,246

-1,028

0

0

0

Net decrease in other short-term borrowings

-21,298

-10,820

-1,184

2,990

23,899

7,229

-82,857

-375

188

-26,379

61,605

-57,519

-16,009

-65,626

5,327

-19,294

2,333

81,854

16,480

22,674

-83,866

-22,927

-63,467

-14,077

100,996

18,579

0

0

0

-

-

-

-

Net increase in demand deposits, money market accounts, and savings accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Net increase in transactional accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from FHLB advances

2,545,000

2,895,000

2,420,000

1,970,000

1,000,000

475,000

550,000

805,000

900,000

1,325,000

1,265,000

1,185,000

1,285,000

910,000

1,163,000

1,153,000

918,000

688,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on FHLB advances

2,720,000

2,895,000

2,270,000

1,900,000

900,000

575,000

805,000

855,000

850,000

1,265,000

1,125,000

1,230,000

1,295,000

940,000

1,108,000

1,018,000

763,000

538,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of common stock, net

16,351

9,644

9,936

10,870

8,967

9,295

7,511

7,981

8,292

10,153

10,112

9,044

8,288

6,348

2,273

1,334

1,271

1,574

2,589

2,416

68,237

67,893

68,749

68,571

2,386

2,182

1,533

1,208

14,898

14,736

0

0

0

Net decrease in borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Cash dividends paid on common stock

13,024

13,022

12,970

12,908

12,828

12,748

12,663

12,583

12,476

12,187

11,359

10,494

9,578

8,630

8,243

7,902

7,465

6,390

5,111

3,619

1,920

1,075

438

14

13

13

0

0

0

-

-

-

-

Preferred stock dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,607

2,210

2,410

2,410

2,410

2,410

2,410

2,410

2,410

0

0

0

Net cash provided by financing activities

-94,358

95,711

255,718

239,113

238,094

138,709

55,622

274,392

378,843

298,166

376,374

224,426

213,241

241,053

392,445

388,462

395,189

311,741

105,988

44,710

-4,758

63,891

98,363

219,630

145,776

69,876

-31,708

18,481

10,158

87,704

0

0

0

Net (decrease) increase in cash and cash equivalents

2,425

25,991

-129,355

-272,961

-150,006

36,591

168,118

281,802

225,213

63,578

56,536

68,029

39,656

14,528

-4,192

25,577

-81,319

-44,954

-49,306

-103,698

126,690

67,539

93,505

120,504

1,658

-8,264

-70,868

-156,666

-87,175

9,525

0

0

0

Supplemental cash flow information and non-cash disclosures:
Cash paid during the period for:
Interest on deposits and borrowings

33,233

31,379

28,381

26,416

23,670

22,335

22,190

21,125

20,727

20,031

19,598

18,764

15,875

15,099

12,090

11,629

11,201

11,275

11,191

12,869

13,354

15,004

15,579

16,205

16,664

17,521

18,788

19,788

21,802

23,288

0

0

0

Acquisitions:
Income taxes

9,681

9,681

8,075

10,964

10,881

10,888

14,221

16,543

16,208

17,895

14,051

9,259

11,057

9,518

4,368

3,259

1,059

970

10,780

16,028

13,207

17,391

17,300

14,770

18,512

14,922

8,866

8,577

8,338

9,880

0

0

0

Assets acquired

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities assumed

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfers of investment securities from available-for-sale to held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

3,194

3,194

3,194

3,194

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Transfers of loans from held-for-sale to held for investment

4,360

5,000

5,592

5,922

7,589

5,905

4,782

3,744

2,343

4,573

9,249

9,149

8,579

6,349

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfers of loans to other real estate

2,590

1,973

1,831

559

1,265

2,127

2,691

3,886

5,431

7,120

6,916

7,857

6,590

4,742

6,071

8,098

12,897

12,090

11,755

10,269

15,297

22,076

32,259

31,208

30,094

25,770

30,101

36,182

34,418

35,087

0

0

0

Initial recognition of operating lease right-of-use assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of discount on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

856

1,077

883

882

883

883

882

883

883

0

0

0

Loans transferred from held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0