Mbt financial corp (MBTF)
CashFlow / Quarterly
Jun'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 (Loss)

6,337

-5,141

3,878

4,974

4,945

3,902

-144

3,933

3,640

3,180

3,578

3,687

4,239

2,997

4,014

3,006

2,285

2,777

2,149

1,712

1,687

1,767

1,640

21,287

1,496

1,114

5,687

1,388

253

1,217

431

632

-783

-4,042

Adjustments to reconcile net income to net cash from operating activities
Recovery Of Loan Losses

-

-

0

0

0

-100

-500

0

0

-200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision For (Recovery Of) Loan Losses

-

-

-

-

-

-

-

-

-

-

-

-

-

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recovery of loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-200

0

-800

-

-700

100

100

100

200

400

1,500

2,500

1,550

1,050

2,250

2,500

2,700

2,850

5,750

Depreciation

338

346

363

365

367

370

381

368

402

404

412

405

402

395

381

385

394

398

446

383

412

415

403

451

477

488

487

487

490

500

486

495

519

521

Deferred tax expense

-

-

-

-

-

-

-

-

-

-

-1,302

-319

-667

-1,224

-

-

-556

-1,155

-819

-582

-509

-593

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in net deferred federal income tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,795

0

0

-

-

-

-

-

-

-

-

Net amortization of investment premium and discount

-9

-259

-462

-507

-590

-576

-589

-545

-551

-614

-706

-587

-417

-290

-315

-403

-369

-282

-309

-194

-228

-255

-273

-437

-485

-493

-579

-546

-532

-435

-375

-237

-228

-297

Adjustment for assets carried at fair market value

-28

-35

-12

16

11

36

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Writedowns of Other Real Estate Owned

-

-

-

-

-

-

0

20

50

6

20

9

1

68

22

140

57

312

29

796

104

59

169

630

745

164

135

430

346

515

763

1,019

859

1,092

Net decrease in interest payable and other liabilities

86

-5,835

840

278

1,070

-1,434

-147

957

1,212

-1,932

1,018

949

440

-565

-1,651

808

467

-737

354

468

195

294

429

438

150

1,552

-485

183

1,804

-445

383

-255

677

652

Net decrease (increase ) in interest receivable and other assets

-754

2,550

-1,198

-2,685

3,207

-2,555

-2,171

1,362

650

-746

536

365

-1,001

1,764

-1,308

369

767

-443

1,380

31

62

679

-

-

-

-

-

-

-

-

-

-

-

-

Writedowns of Other Assets

-

-

-

-

-

-

0

0

0

37

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in interest receivable and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-204

-163

1,106

-1,029

-1,926

-75

707

-11,036

1,246

258

5,402

Equity based compensation expense

93

93

134

156

157

235

161

160

162

131

121

156

157

114

195

67

92

58

68

72

67

51

-58

70

70

69

53

42

50

40

28

37

40

45

Net loss on sale/settlement of securities

0

-11,646

-621

-91

-1

-101

-773

150

67

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss (gain) on sale/settlement of securities

-

-

-

-

-

-

-

-

-

-

-

87

1,752

320

124

16

22

236

90

-1,020

219

57

118

142

154

10

41

99

40

1,100

433

555

29

67

Increase in cash surrender value of life insurance

334

338

358

350

350

352

366

377

413

341

356

352

259

355

363

357

277

271

354

357

268

353

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

6,732

-1,555

7,126

8,722

3,626

5,889

7,437

3,853

4,887

2,635

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,078

4,227

2,335

-

2,660

3,713

-1,566

Cash Flows from Investing Activities
Increase in cash surrender value of life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-363

-279

-390

-380

-375

-333

-370

-377

-404

-390

-412

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

5,113

1,784

-

5,083

3,154

3,381

2,350

4,139

2,753

2,445

3,080

4,417

3,553

3,874

-

-

-

-

-

-

-

-

Proceeds from maturities of interest bearing time deposits in other banks

500

750

1,150

250

2,000

1,000

1,750

750

1,000

750

250

0

0

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities and redemptions of investment securities held to maturity

-

-

5,086

580

3,746

241

850

4,571

4,707

1,835

3,424

607

4,389

1,793

-643

2,240

5,319

686

1,131

1,634

2,912

3,146

2,438

8,082

9,859

273

1,153

3,767

5,220

3,436

2,567

5,349

3,203

602

Proceeds from maturities and redemptions of investment securities available for sale

4,027

5,278

9,456

13,496

19,238

12,666

15,604

9,421

11,934

7,030

19,657

56,199

183,743

57,157

72,255

41,804

37,573

47,011

25,629

9,046

5,829

4,578

5,486

8,273

32,193

24,611

60,256

83,934

71,573

74,009

19,084

64,814

47,316

7,050

Proceeds from sales of investment securities available for sale

0

367,161

22,461

4,176

212

19,181

53,338

61,409

63,905

10,013

2,970

33,144

0

0

9,911

12,655

8,242

8,430

29,258

37,323

33,622

22,376

25,442

23,513

27,740

5,180

20,210

17,640

-14

15,198

5,297

0

5,068

0

Proceeds from sales of interest bearing time deposits in other banks

0

9,446

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,068

Net increase in loans

2,444

-2,003

16,468

12,351

18,407

27,140

1,505

10,840

20,728

10,465

-3,401

17,383

21,401

-63

-6,058

593

5,908

7,807

25,157

-12,303

10,103

-4,803

-11,196

-3,099

519

-8,260

-14,164

-12,675

5,327

-8,466

-8,321

-10,598

-8,367

-20,811

Proceeds from sales of other real estate owned

61

643

312

0

1,351

347

502

359

127

240

162

458

148

770

197

2,316

850

562

935

1,417

2,551

1,145

2,089

1,095

3,305

1,945

3,211

1,395

3,192

4,226

3,826

3,506

2,336

760

Proceeds from sales of other assets

-

-

0

398

0

40

7

0

230

0

24

0

22

149

14

7

10

65

0

15

24

1

29

181

46

18

-

-

-

-

-

-

-

-

Purchase of time deposits in other banks

-

-

-

-

-

-

0

0

0

500

0

0

7,000

6,946

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

-

0

60

169

Purchase of investment securities held to maturity

-

-

-

-

-

-

4,000

0

1,890

2,565

1,500

4,000

909

3,350

3,170

4,480

4,268

4,439

2,000

0

0

4,590

5,403

3,244

8,065

0

11,900

1,229

0

3,860

8,406

1,875

13,000

0

Purchase of bank owned life insurance

-

-

-

-

-

-

0

0

4,354

3

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from surrender of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,654

Purchase of investment securities available for sale

89,067

728

0

7,378

1,388

30,799

50,031

98,099

32,769

7,073

59,746

127,800

139,291

24,807

96,996

32,432

58,619

71,629

54,990

79,011

50,494

46,829

27,077

57,884

33,675

53,823

96,559

119,031

79,432

88,494

59,737

53,390

23,578

68,142

Purchase of bank premises and equipment

-

-

553

114

216

32

884

483

310

184

305

257

475

318

272

329

332

352

333

360

767

615

774

894

258

206

161

52

234

53

542

224

149

53

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

19,226

24,761

-

21,188

-17,133

-27,473

-25,527

-17,633

-16,426

-15,985

13,426

-17,779

30,626

-13,742

-

-

-

-

-

-

-

-

Net cash used for (provided by) investing activities

-86,478

384,553

17,444

536

6,536

-24,496

15,631

-32,912

22,161

-922

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-901

-4,979

12,984

-

28,715

24,555

-30,081

Cash Flows from Financing Activities
Net decrease in deposits

-12,149

239

16,634

18,782

-45,869

-4,801

2,829

18,266

-26,003

3,355

19,256

17,043

685

-2,660

28,584

15,529

-14,032

23,501

22,327

39,695

-6,822

-13,107

15,575

13,283

-21,605

13,635

28,420

2,908

-18,048

13,240

-7,337

11,343

-26,837

13,248

Issuance of common stock

10

30

66

63

57

189

60

51

53

190

37

28

32

124

30

23

27

26

31

24

5,607

2,453

10,283

29

7

1,764

187

17

14

25

13

14

12

15

Stock redeemed for tax withholding - stock based compensation

0

1

-

-

-25

-178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock redeemed for tax withholding - stock based compensation

-

-

-

-

-

-

65

2

21

230

122

9

46

166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

2,304

2,303

2,300

2,299

1,607

15,145

1,373

1,372

1,143

17,127

910

909

688

12,129

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-16,431

-14,831

-

16,581

-14,005

23,527

22,358

39,719

-13,215

-10,654

25,858

13,312

-116,733

15,399

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

-

-

7,908

11,714

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-14,443

-2,033

-10,712

13,740

-9,644

-19,935

1,451

16,943

-27,114

-13,812

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,075

-18,034

13,265

-

11,357

-40,325

13,263

Net Increase (Decrease) in Cash and Cash Equivalents

-94,189

380,965

13,858

22,998

518

-38,542

24,519

-12,116

-66

-12,099

-

-

-

-

13,125

42,852

-27,984

-565

-

26,225

-26,888

-24,194

42,364

-50

-82,554

5,531

23,612

3,102

-18,786

28,584

-22,596

42,732

-12,057

-18,384

Supplemental Cash Flow Information
Cash paid for interest

622

619

695

664

472

420

412

422

441

458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

672

687

-

750

806

823

887

947

1,007

1,039

1,156

1,238

1,796

2,021

2,217

2,415

2,614

2,764

3,060

3,768

4,005

4,005

Cash paid for federal income taxes

-

-

-

-

-

-

253

970

2,106

0

1,206

849

1,220

0

1,549

14

316

15

0

20

49

0

-

0

0

0

0

69

0

0

0

0

0

0

Supplemental Schedule of Non Cash Investing Activities
Transfer of loans to other real estate owned

-

-

0

604

0

144

202

495

332

0

134

339

368

29

463

476

0

40

495

177

1,025

1,280

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

961

356

2,761

3,961

2,710

1,927

2,104

2,404

1,668

1,945

4,984

Transfer of loans to other assets

-

-

-

-

-

-

0

0

0

40

15

0

13

21

0

0

9

45

12

0

42

0

3

45

36

43

0

88

45

12

12

29

41

12