Limestone bancorp, inc. (LMST)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'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

1,840

1,764

2,282

3,633

2,839

2,440

2,437

1,983

1,934

33,270

1,794

1,709

1,680

-6,638

1,393

1,012

1,480

-601

-1,076

-2,130

594

-3,785

-849

-6,234

-287

-506

298

-1,309

-69

-6,853

-27,732

151

1,502

-

-

-

799

Adjustments to reconcile net income to net cash from operating activities
Depreciation and amortization

479

359

331

300

679

341

262

182

295

343

256

266

374

584

394

361

386

510

387

392

422

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

434

418

-

464

494

548

469

692

557

570

551

624

604

610

Provision for loan losses

1,050

-

-

-

-

-

-

-

-

-

-

-

-

-550

-750

-600

-550

-

-

-

-

800

0

6,300

0

0

250

0

450

7,000

25,500

4,000

3,750

35,800

8,000

13,700

5,100

Net amortization on securities

-146

-170

-167

-174

-189

-196

-225

-195

-249

-315

-345

-274

-312

-332

-322

-334

-309

-350

-363

-367

-354

-395

-446

-373

-400

-423

-524

-575

-610

-725

-1,044

-934

-632

-516

-439

-276

-321

Stock-based compensation expense

106

179

181

93

82

190

171

99

64

129

129

88

54

128

148

94

73

132

132

132

49

75

197

150

133

214

164

123

103

104

123

110

105

94

108

116

118

Deferred taxes, net

535

438

532

-612

295

614

604

483

675

-31,899

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,005

-3,132

-8,153

238

Net gain on sales of loans held for sale

-

-

-

-

-

0

0

0

1

7

24

15

0

25

32

12

17

12

16

49

-281

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss (gain) on sales of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

24

-

10

8

58

78

138

77

45

49

123

320

221

Origination of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

1,315

2,016

758

1,056

1,362

1,144

3,713

433

263

691

702

872

875

1,065

905

1,190

4,151

6,493

3,393

2,328

3,199

4,073

10,421

7,188

Proceeds from sales of loans held for sale

-

-

-

-

-

0

0

0

71

617

1,393

825

0

1,474

1,914

883

1,146

-

-

-

-

264

989

432

1,045

860

1,085

780

1,744

3,917

6,777

3,331

2,802

2,798

4,053

10,564

7,234

Net gain on sales of other real estate owned

-

-

-

-

-

0

22

54

-4

-1

10

27

38

1

52

114

55

-101

-16

40

3

-

-

-

-

58

169

-162

-197

-191

-533

-546

-402

-1,340

-673

-6,485

-391

Net write-down of other real estate owned

-

0

0

110

150

265

260

265

60

1,865

98

0

0

210

320

150

500

2,775

4,450

2,330

300

3,005

600

400

250

882

300

977

307

2,064

4,260

350

480

4,172

15,265

14,951

486

Net realized (gain) loss on sales and calls of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

0

203

70

0

199

1,497

0

46

2

44

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of premises held for sale

25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance, net of premium expense

91

91

93

114

93

95

95

133

94

98

98

98

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of operating lease right-of-use assets

187

-

-

-

62

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in accrued interest receivable and other assets

334

-685

435

-116

668

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in accrued interest payable and other liabilities

-1,215

402

615

891

-2,671

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gain on sales of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,511

2,019

-41

0

1,025

83

Increase in cash surrender value of owned life insurance, net of premium expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

115

90

-

61

89

64

64

64

58

70

70

69

300

74

70

74

74

74

77

84

70

70

Net change in accrued interest receivable and other assets

-

-

-

-

-

-

-

-

954

-

-146

190

-1,973

113

317

-233

617

83

-151

41

-783

1,442

-456

-291

879

-220

-49

-333

-762

-11,075

-793

-1,051

-3,231

2,295

1,428

4,469

-1,130

Net change in accrued interest payable and other liabilities

-

-

-

-

-

-

-

-

-871

-

340

480

-11,003

8,190

70

269

-396

-672

630

191

118

-908

1,683

554

-349

-513

1,432

2,203

-537

-3,236

5,004

-4,858

3,881

-602

73

1,123

-1,169

Net cash from operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,737

910

-

1,963

-7,852

9,982

-1,604

2,741

567

-279

-

-

2,422

2,793

-

-

-

-

-

-

-

-

Net cash from operating activities

2,728

4,126

3,639

4,589

864

4,396

3,663

3,139

1,432

3,245

3,000

2,507

-6,745

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,289

1,117

12,889

7,140

8,233

7,166

7,696

Cash flows from investing activities
Purchases of available for sale securities

6,869

14,275

1,000

5,798

8,096

18,194

17,054

28,244

13,667

5,772

5,152

2,518

7,670

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,573

7,181

4,114

5,028

0

11,873

4,927

4,647

19,166

15,807

6,183

22,548

25,337

9,635

15,294

21,608

19,378

76,806

45,048

9,830

5,132

42,006

66,641

Proceeds from sales and calls of available for sale securities

6,000

1,899

1,000

1,452

1,000

-

-

-

-

-

-

-

-

2,035

2,555

235

3,486

672

230

9,972

34,138

2,100

3,147

675

329

5,349

804

1,908

0

27,504

0

44,310

21,385

295

370

46,759

2,894

Proceeds from maturities and prepayments of available for sale securities

6,940

5,893

5,656

3,851

3,683

3,264

9,849

3,388

3,615

4,358

7,821

4,408

5,251

5,951

6,102

5,746

5,077

4,676

5,652

5,398

5,358

4,278

4,491

2,996

3,808

3,513

5,332

7,797

9,864

12,151

15,801

12,792

8,056

8,360

4,968

3,277

6,773

Purchases of Federal Home Loan Bank stock

600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from mandatory redemption of Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-2,749

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans not originated for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

438

-9,078

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

-

-

-

-

-

0

522

284

70

55

30

320

388

98

5,353

5,638

1,349

8,150

9,397

2,391

2,629

5,831

2,972

2,206

2,075

12,205

8,029

7,898

2,640

4,908

3,960

4,054

9,018

4,819

4,276

4,423

624

Improvements to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1

54

176

383

1,037

Proceeds from mandatory redemptions of Federal Home Loan Bank stock

-

230

226

120

420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net changes in loans

35,712

-3,448

510

16,474

22,002

8,062

7,451

20,181

17,191

29,612

27,623

-9,129

25,096

17,587

-2,122

5,101

1,802

-4,790

-19,945

18,356

8,618

1,921

-2,847

-19,389

-6,608

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations and payments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,408

38,062

50,983

46,314

62,561

27,599

30,798

-

-

-

-

Loan originations and payments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,951

Purchases of premises and equipment

390

577

536

171

37

186

533

243

206

-

-

-

67

-

-

-

177

77

174

71

63

107

132

212

72

77

63

-19

160

112

81

246

72

8

235

47

42

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-768

-1,181

-

35,050

-3,899

28,517

5,534

-4,841

9,247

9,314

-

-

46,049

48,033

-

-

-

-

-

-

-

-

Net cash from investing activities

-30,631

-8,662

4,836

-17,019

-25,032

-21,729

-14,436

-38,942

-27,379

8,587

-22,834

11,683

-27,194

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62,863

11,703

24,136

43,979

25,446

29,490

-44,478

Cash flows from financing activities
Net change in deposits

30,925

-28,228

-15,043

29,635

14,611

20,205

27,796

-681

-113

-19,823

-7,971

14,115

10,778

12,981

-3,147

-25,522

-12,384

104

-26,258

-26,358

3,668

-6,691

-17,283

-24,058

-12,832

40,809

-33,940

-55,524

-28,699

-112,468

-27,195

-49,025

-70,016

-49,684

-62,050

-46,826

14,655

Net change in repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,265

120

-196

-476

-634

211

-230

-1,252

430

439

219

231

-98

575

188

-9,590

328

-429

-187

Repayment of Federal Home Loan Bank advances

95,040

55,041

40,040

35,041

30,038

35,042

45,039

5,122

35,045

25,050

311

15,155

15,145

161

156

157

149

174

175

167

17,155

13,188

10,219

186

172

249

275

308

280

356

438

391

327

6,039

25,782

627

458

Advances from Federal Home Loan Bank

95,000

60,000

45,000

35,000

35,000

30,000

25,000

50,000

50,000

20,000

15,000

0

10,000

20,000

0

0

0

0

0

0

5,000

12,000

13,025

9,975

25

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of subordinated capital note

-

-

-

-

-

0

0

2,025

225

225

225

225

225

225

225

225

225

225

225

225

225

225

225

225

225

225

450

0

450

225

0

225

225

-

-

-

-

Proceeds from issuance of common stock, net

-

-

-

-

-

0

0

0

14,910

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common shares withheld for taxes

37

-1

0

39

276

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-23,673

-12,758

-

-27,923

-26,630

-8,908

-8,580

-15,336

-14,283

-13,434

-

-

-55,393

-29,210

-

-

-

-

-

-

-

-

Cash dividends paid on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

437

441

441

Cash dividends paid on common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

118

119

Net cash from financing activities

30,848

-23,268

1,917

29,555

19,297

15,163

7,757

38,667

29,527

-25,098

6,493

8,735

5,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-27,731

-49,066

-70,380

-65,538

-88,391

-23,666

13,450

Net change in cash and cash equivalents

2,945

-27,804

10,392

17,125

-4,871

-2,170

-3,016

2,864

3,580

-13,266

-13,341

22,925

-28,531

2,472

6,242

-22,704

-13,029

12,855

9,090

-38,381

29,591

-4,650

-17,436

-4,469

-4,399

57,701

-10,833

-6,922

21,616

-32,210

45,421

-36,246

-33,355

-14,419

-54,712

12,990

-23,332

Supplemental cash flow information:
Interest paid

3,919

3,399

3,593

3,578

3,193

2,976

2,658

3,415

1,558

1,525

1,455

1,369

1,316

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,306

-1,578

4,205

-

1,901

1,716

1,906

2,234

2,369

2,381

2,491

2,555

2,553

611

4,992

3,594

3,649

3,863

4,296

5,035

5,581

5,741

5,861

Income taxes paid (refunded)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

21

0

0

0

0

0

0

0

0

-

-

0

0

-10,726

0

0

-2,000

-

-

-

-

Transfer from loans to other real estate

-

-

-

-

-

0

0

620

110

0

130

40

100

30

667

135

441

1,063

3,495

608

347

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer from premises and equipment to premises held for sale

310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer from loans to other real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,515

17,351

-

2,987

11,875

3,680

1,997

3,405

23,910

4,216

10,685

15,971

6,449

8,812

Financed sales of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

15

0

180

169

192

3,892

913

5,002

2,041

Initial recognition of right-of-use lease assets

-

0

0

0

507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-