Mbt financial corp (MBTF)
CashFlow / TTM
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)

10,048

8,656

17,699

13,677

12,636

11,331

10,609

14,331

14,085

14,684

14,501

14,937

14,256

12,302

12,082

10,217

8,923

8,325

7,315

6,806

26,381

26,190

25,537

29,584

9,685

8,442

8,545

3,289

2,533

1,497

-3,762

0

0

0

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

-

-

-100

-600

-600

-600

-700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision For (Recovery Of) Loan Losses

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recovery of loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-400

500

800

2,200

4,600

5,950

6,600

7,350

7,350

8,500

10,300

13,800

0

0

0

Depreciation

1,412

1,441

1,465

1,483

1,486

1,521

1,555

1,586

1,623

1,623

1,614

1,583

1,563

1,555

1,558

1,623

1,621

1,639

1,656

1,613

1,681

1,746

1,819

1,903

1,939

1,952

1,964

1,963

1,971

2,000

2,021

0

0

0

Deferred tax expense

-

-

-

-

-

-

-

-

-

-

-3,512

0

0

0

-

-

-3,112

-3,065

-2,503

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in net deferred federal income tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Net amortization of investment premium and discount

-1,237

-1,818

-2,135

-2,262

-2,300

-2,261

-2,299

-2,416

-2,458

-2,324

-2,000

-1,609

-1,425

-1,377

-1,369

-1,363

-1,154

-1,013

-986

-950

-1,193

-1,450

-1,688

-1,994

-2,103

-2,150

-2,092

-1,888

-1,579

-1,275

-1,137

0

0

0

Adjustment for assets carried at fair market value

-59

-20

51

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Writedowns of Other Real Estate Owned

-

-

-

-

-

-

76

96

85

36

98

100

231

287

531

538

1,194

1,241

988

1,128

962

1,603

1,708

1,674

1,474

1,075

1,426

2,054

2,643

3,156

3,733

0

0

0

Net decrease in interest payable and other liabilities

-4,631

-3,647

754

-233

446

588

90

1,255

1,247

475

1,842

-827

-968

-941

-1,113

892

552

280

1,311

1,386

1,356

1,311

2,569

1,655

1,400

3,054

1,057

1,925

1,487

360

1,457

0

0

0

Net decrease (increase ) in interest receivable and other assets

-2,087

1,874

-3,231

-4,204

-157

-2,714

-905

1,802

805

-846

1,664

-180

-176

1,592

-615

2,073

1,735

1,030

2,152

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Writedowns of Other Assets

-

-

-

-

-

-

37

0

0

37

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in interest receivable and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-290

-2,012

-1,924

-2,323

-12,330

-9,158

-8,825

-4,130

0

0

0

Equity based compensation expense

476

540

682

709

713

718

614

574

570

565

548

622

533

468

412

285

290

265

258

132

130

133

151

262

234

214

185

160

155

145

150

0

0

0

Net loss on sale/settlement of securities

-12,358

-12,359

-814

-966

-725

-657

-546

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss (gain) on sale/settlement of securities

-

-

-

-

-

-

-

-

-

-

-

2,283

2,212

482

398

364

-672

-475

-654

-626

536

471

424

347

304

190

1,280

1,672

2,128

2,117

1,084

0

0

0

Increase in cash surrender value of life insurance

1,380

1,396

1,410

1,418

1,445

1,508

1,497

1,487

1,462

1,308

1,322

1,329

1,334

1,352

1,268

1,259

1,259

1,250

1,332

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

21,025

17,919

25,363

25,674

20,805

22,066

18,812

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,412

-1,424

-1,478

-1,458

-1,455

-1,484

-1,541

-1,583

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

0

13,707

-

13,968

13,024

12,623

11,687

12,417

12,695

13,495

14,924

0

0

0

-

-

-

-

-

-

-

-

Proceeds from maturities of interest bearing time deposits in other banks

2,650

4,150

4,400

5,000

5,500

4,500

4,250

2,750

2,000

1,000

500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities and redemptions of investment securities held to maturity

-

-

9,653

5,417

9,408

10,369

11,963

14,537

10,573

10,255

10,213

6,146

7,779

8,709

7,602

9,376

8,770

6,363

8,823

10,130

16,578

23,525

20,652

19,367

15,052

10,413

13,576

14,990

16,572

14,555

11,721

0

0

0

Proceeds from maturities and redemptions of investment securities available for sale

32,257

47,468

54,856

61,004

56,929

49,625

43,989

48,042

94,820

266,629

316,756

369,354

354,959

208,789

198,643

152,017

119,259

87,515

45,082

24,939

24,166

50,530

70,563

125,333

200,994

240,374

289,772

248,600

229,480

205,223

138,264

0

0

0

Proceeds from sales of investment securities available for sale

393,798

394,010

46,030

76,907

134,140

197,833

188,665

138,297

110,032

46,127

36,114

43,055

22,566

30,808

39,238

58,585

83,253

108,633

122,579

118,763

104,953

99,071

81,875

76,643

70,770

43,016

53,034

38,121

20,481

25,563

10,365

0

0

0

Proceeds from sales of interest bearing time deposits in other banks

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net increase in loans

29,260

45,223

74,366

59,403

57,892

60,213

43,538

38,632

45,175

45,848

35,320

32,663

15,873

380

8,250

39,465

26,569

30,764

18,154

-18,199

-8,995

-18,579

-22,036

-25,004

-34,580

-29,772

-29,978

-24,135

-22,058

-35,752

-48,097

0

0

0

Proceeds from sales of other real estate owned

1,016

2,306

2,010

2,200

2,559

1,335

1,228

888

987

1,008

1,538

1,573

3,431

4,133

3,925

4,663

3,764

5,465

6,048

7,202

6,880

7,634

8,434

9,556

9,856

9,743

12,024

12,639

14,750

13,894

10,428

0

0

0

Proceeds from sales of other assets

-

-

438

445

47

277

237

254

254

46

195

185

192

180

96

82

90

104

40

69

235

257

274

0

0

0

-

-

-

-

-

-

-

-

Purchase of time deposits in other banks

-

-

-

-

-

-

500

500

500

7,500

13,946

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Purchase of investment securities held to maturity

-

-

-

-

-

-

8,455

5,955

9,955

8,974

9,759

11,429

11,909

15,268

16,357

15,187

10,707

6,439

6,590

9,993

13,237

21,302

16,712

23,209

21,194

13,129

16,989

13,495

14,141

27,141

23,281

0

0

0

Purchase of bank owned life insurance

-

-

-

-

-

-

4,357

0

0

3

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from surrender of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,654

0

0

0

Purchase of investment securities available for sale

97,173

9,494

39,565

89,596

180,317

211,698

187,972

197,687

227,388

333,910

351,644

388,894

293,526

212,854

259,676

217,670

264,249

256,124

231,324

203,411

182,284

165,465

172,459

241,941

303,088

348,845

383,516

346,694

281,053

225,199

204,847

0

0

0

Purchase of bank premises and equipment

-

-

915

1,246

1,615

1,709

1,861

1,282

1,056

1,221

1,355

1,322

1,394

1,251

1,285

1,346

1,377

1,812

2,075

2,516

3,050

2,541

2,132

1,519

677

653

500

881

1,053

968

968

0

0

0

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

0

10,670

-

-48,945

-87,766

-87,059

-75,571

-36,618

-36,764

10,288

12,531

0

0

0

-

-

-

-

-

-

-

-

Net cash used for (provided by) investing activities

316,055

409,069

20

-1,793

-35,241

-19,616

3,958

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Cash Flows from Financing Activities
Net decrease in deposits

23,506

-10,214

-15,254

-29,059

-29,575

-9,709

-1,553

14,874

13,651

40,339

34,324

43,652

42,138

27,421

53,582

47,325

71,491

78,701

42,093

35,341

8,929

-5,854

20,888

33,733

23,358

26,915

26,520

-9,237

-802

-9,591

-9,583

0

0

0

Issuance of common stock

169

216

375

369

357

353

354

331

308

287

221

214

209

204

106

107

108

5,688

8,115

18,367

18,372

12,772

12,083

1,987

1,975

1,982

243

69

66

64

54

0

0

0

Stock redeemed for tax withholding - stock based compensation

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock redeemed for tax withholding - stock based compensation

-

-

-

-

-

-

318

375

382

407

343

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

9,206

8,509

21,351

20,424

19,497

19,033

21,015

20,552

20,089

19,634

14,636

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-

-

-

-

-

-

-

-

-

-

-

-

0

15,330

-

48,461

71,599

72,389

38,208

41,708

15,301

-88,217

-62,164

0

0

0

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-13,448

-8,649

-26,551

-14,388

-11,185

-28,655

-22,532

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net Increase (Decrease) in Cash and Cash Equivalents

323,632

418,339

-1,168

9,493

-25,621

-26,205

238

0

0

0

-

-

-

-

27,428

0

0

0

-

17,507

-8,768

-64,434

-34,709

-53,461

-50,309

13,459

36,512

-9,696

29,934

36,663

-10,305

0

0

0

Supplemental Cash Flow Information
Cash paid for interest

2,600

2,450

2,251

1,968

1,726

1,695

1,733

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

0

2,959

-

3,266

3,463

3,664

3,880

4,149

4,440

5,229

6,211

7,272

8,449

9,267

10,010

10,853

12,206

13,597

14,838

0

0

0

Cash paid for federal income taxes

-

-

-

-

-

-

3,329

4,282

4,161

3,275

3,275

3,618

2,783

1,879

1,894

345

351

84

69

0

0

0

-

0

69

69

69

69

0

0

0

0

0

0

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

-

-

748

950

841

1,173

1,029

961

805

841

870

1,199

1,336

968

979

1,011

712

1,737

2,977

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,039

9,788

11,359

10,702

9,145

8,103

8,121

11,001

0

0

0

Transfer of loans to other assets

-

-

-

-

-

-

40

55

55

68

49

34

34

30

54

66

66

99

54

45

90

84

127

124

167

176

145

157

98

94

94

0

0

0