LIMESTONE BANCORP, INC. LMST Cash Flow

Limestone bancorp, inc. (LMST)

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
9,519	10,518	11,194	11,349	9,699	8,794	39,624	38,981	38,707	38,453	-1,455	-1,856	-2,553	-2,753	3,284	815	-2,327	-3,213	-6,397	-6,170	-10,274	-11,155	-7,876	-6,729	-1,804	-1,586	-7,933	-35,963	-34,503	-32,932	0	0	0	-	-	-	0
Adjustments to reconcile net income to net cash from operating activities
Depreciation and amortization
1,469	1,669	1,651	1,582	1,464	1,080	1,082	1,076	1,160	1,239	1,480	1,618	1,713	1,725	1,651	1,644	1,675	1,711	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,975	2,203	2,266	2,288	2,370	2,302	2,349	2,389	0	0	0
Provision for loan losses
0	-	-	-	-	-	-	-	-	-	-	-	-	-2,450	0	0	0	-	-	-	-	7,100	6,300	6,550	250	700	7,700	32,950	36,950	40,250	69,050	51,550	61,250	62,600	0	0	0
Net amortization on securities
-657	-700	-726	-784	-805	-865	-984	-1,104	-1,183	-1,246	-1,263	-1,240	-1,300	-1,297	-1,315	-1,356	-1,389	-1,434	-1,479	-1,562	-1,568	-1,614	-1,642	-1,720	-1,922	-2,132	-2,434	-2,954	-3,313	-3,335	-3,126	-2,521	-1,863	-1,552	0	0	0
Stock-based compensation expense
559	535	546	536	542	524	463	421	410	400	399	418	424	443	447	431	469	445	388	453	471	555	694	661	634	604	494	453	440	442	432	417	423	436	0	0	0
Deferred taxes, net
893	653	829	901	1,996	2,376	-30,137	-30,741	-31,224	-31,899	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,958	0	0	0
Net gain on sales of loans held for sale
-	-	-	-	-	1	8	32	47	46	64	72	69	86	73	57	94	-204	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss (gain) on sales of loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	154	282	351	338	309	294	537	713	0	0	0
Origination of loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	5,145	5,192	4,320	7,275	6,652	5,553	5,100	2,089	2,528	3,140	3,514	3,717	4,035	7,311	12,739	15,227	16,365	15,413	12,993	20,021	24,881	0	0	0
Proceeds from sales of loans held for sale
-	-	-	-	-	71	688	2,081	2,906	2,835	3,692	4,213	4,271	5,417	0	0	0	-	-	-	-	2,730	3,326	3,422	3,770	4,469	7,526	13,218	15,769	16,827	15,708	12,984	20,217	24,649	0	0	0
Net gain on sales of other real estate owned
-	-	-	-	-	72	71	59	32	74	76	118	205	222	120	52	-22	-74	0	0	0	-	-	-	-	-132	-381	-1,083	-1,467	-1,672	-2,821	-2,961	-8,900	-8,889	0	0	0
Net write-down of other real estate owned
-	260	525	785	940	850	2,450	2,288	2,023	1,963	308	530	680	1,180	3,745	7,875	10,055	9,855	10,085	6,235	4,305	4,255	2,132	1,832	2,409	2,466	3,648	7,608	6,981	7,154	9,262	20,267	34,868	34,874	0	0	0
Net realized (gain) loss on sales and calls of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	257	273	472	1,766	1,696	1,742	1,545	92	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of premises held for sale
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of life insurance, net of premium expense
389	391	395	397	416	417	420	423	388	391	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of operating lease right-of-use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in accrued interest receivable and other assets
-32	302	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in accrued interest payable and other liabilities
693	-763	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gain on sales of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,489	3,489	3,003	1,067	0	0	0
Increase in cash surrender value of owned life insurance, net of premium expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	300	-	278	281	250	256	262	267	509	513	513	518	292	292	299	309	305	301	0	0	0
Net change in accrued interest receivable and other assets
-	-	-	-	-	-	-	-	848	-	-1,816	-1,353	-1,776	814	784	316	590	-810	549	244	-88	1,574	-88	319	277	-1,364	-12,219	-12,963	-13,681	-16,150	-2,780	-559	4,961	7,062	0	0	0
Net change in accrued interest payable and other liabilities
-	-	-	-	-	-	-	-	278	-	-1,993	-2,263	-2,474	8,133	-729	-169	-247	267	31	1,084	1,447	980	1,375	1,124	2,773	2,585	-138	3,434	-3,627	791	3,425	-1,506	4,475	-575	0	0	0
Net cash from operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-5,012	-	2,489	3,267	11,686	1,425	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Net cash from operating activities
15,082	13,218	13,488	13,512	12,062	12,630	11,479	10,816	10,184	2,007	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31,435	29,379	35,428	30,235	0	0	0
Cash flows from investing activities
Purchases of available for sale securities
27,942	29,169	33,088	49,142	71,588	77,159	64,737	52,835	27,109	21,112	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,896	16,323	21,015	21,828	21,447	40,613	44,547	45,803	63,704	69,875	63,703	72,814	71,874	65,915	133,086	162,840	151,062	136,816	102,016	123,609	0	0	0
Proceeds from sales and calls of available for sale securities
10,351	5,351	0	0	0	-	-	-	-	-	-	-	-	8,311	6,948	4,623	14,360	45,012	46,440	49,357	40,060	6,251	9,500	7,157	8,390	8,061	30,216	29,412	71,814	93,199	65,990	66,360	68,809	50,318	0	0	0
Proceeds from maturities and prepayments of available for sale securities
22,340	19,083	16,454	20,647	20,184	20,116	21,210	19,182	20,202	21,838	23,431	21,712	23,050	22,876	21,601	21,151	20,803	21,084	20,686	19,525	17,123	15,573	14,808	15,649	20,450	26,506	35,144	45,613	50,608	48,800	45,009	34,176	24,661	23,378	0	0	0
Purchases of Federal Home Loan Bank stock
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from mandatory redemption of Federal Home Loan Bank stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,749	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of loans not originated for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,640	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	876	931	439	475	793	836	6,159	11,477	12,438	20,490	24,534	21,287	22,567	20,248	13,823	13,638	13,084	19,458	24,515	30,207	30,772	23,475	19,406	15,562	21,940	21,851	22,167	22,536	14,142	0	0	0
Improvements to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	55	231	614	1,650	0	0	0
Proceeds from mandatory redemptions of Federal Home Loan Bank stock
-	996	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net changes in loans
49,248	35,538	47,048	53,989	57,696	52,885	74,435	94,607	65,297	73,202	61,177	31,432	45,662	22,368	-9	-17,832	-4,577	2,239	8,950	26,048	-11,697	-26,923	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loan originations and payments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	166,767	197,920	187,457	167,272	0	0	0	-	-	-	-
Loan originations and payments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchases of premises and equipment
1,674	1,321	930	927	999	1,168	0	0	0	-	-	-	0	-	-	-	499	385	415	373	514	523	493	424	193	281	316	334	599	511	407	561	362	332	0	0	0
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash from investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	43,153	-	65,202	25,311	38,457	19,254	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Net cash from investing activities
-51,476	-45,877	-58,944	-78,216	-100,139	-102,486	-72,170	-80,568	-29,943	-29,758	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	142,681	105,264	123,051	54,437	0	0	0
Cash flows from financing activities
Net change in deposits
17,289	975	49,408	92,247	61,931	47,207	7,179	-28,588	-13,792	-2,901	29,903	34,727	-4,910	-28,072	-40,949	-64,060	-64,896	-48,844	-55,639	-46,664	-44,364	-60,864	-13,364	-30,021	-61,487	-77,354	-230,631	-223,886	-217,387	-258,704	-195,920	-230,775	-228,576	-143,905	0	0	0
Net change in repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,341	-1,817	-1,186	-1,095	-1,129	-1,905	-841	-613	-164	1,319	791	927	896	-8,925	-8,499	-9,503	-9,878	0	0	0
Repayment of Federal Home Loan Bank advances
225,162	160,160	140,161	145,160	115,241	120,248	110,256	65,528	75,561	55,661	30,772	30,617	15,619	623	636	655	665	17,671	30,685	40,729	40,748	23,765	10,826	882	1,004	1,112	1,219	1,382	1,465	1,512	7,195	32,539	32,775	32,906	0	0	0
Advances from Federal Home Loan Bank
235,000	175,000	145,000	125,000	140,000	155,000	145,000	135,000	85,000	45,000	45,000	30,000	30,000	20,000	0	0	0	5,000	17,000	30,025	40,000	35,025	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of subordinated capital note
-	-	-	-	-	2,250	2,475	2,700	900	900	900	900	900	900	900	900	900	900	900	900	900	900	900	1,125	900	1,125	1,125	675	900	675	0	0	0	-	-	-	-
Proceeds from issuance of common stock, net
-	-	-	-	-	14,910	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common shares withheld for taxes
75	314	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash from financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-67,606	-	-72,041	-59,454	-47,107	-51,633	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Cash dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,319	0	0	0
Cash dividends paid on common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	237	0	0	0
Net cash from financing activities
39,052	27,501	65,932	71,772	80,884	91,114	50,853	49,589	19,657	-4,462	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-212,715	-273,375	-247,975	-164,145	0	0	0
Net change in cash and cash equivalents
2,658	-5,158	20,476	7,068	-7,193	1,258	-9,838	-20,163	-102	-32,213	-16,475	3,108	-42,521	-27,019	-16,636	-13,788	-29,465	13,155	-4,350	-30,876	3,036	-30,954	31,397	38,000	35,547	61,562	-28,349	27,905	-1,419	-56,390	-38,599	-138,732	-89,496	-79,473	0	0	0
Supplemental cash flow information:
Interest paid
14,489	13,763	13,340	12,405	12,242	10,607	9,156	7,953	5,907	5,665	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	9,375	-	7,757	8,225	8,890	9,475	9,796	9,980	8,210	10,711	11,750	12,846	16,098	15,402	16,843	18,775	20,653	22,218	0	0	0
Income taxes paid (refunded)
-	-	-	-	-	-	-	-	-	-	-	-	-	21	21	21	21	0	0	0	0	0	0	0	0	-	-	-10,726	-10,726	-12,726	0	0	0	-	-	-	-
Transfer from loans to other real estate
-	-	-	-	-	730	730	860	280	270	300	837	932	1,273	2,306	5,134	5,607	5,513	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from premises and equipment to premises held for sale
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from loans to other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	20,539	20,957	32,992	33,528	42,216	54,782	37,321	41,917	0	0	0
Financed sales of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15	195	364	541	4,433	5,166	9,999	11,848	0	0	0
Initial recognition of right-of-use lease assets
-	507	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-