MutualFirst Financial Inc, MFSF Cash Flow

Mutualfirst financial inc, (MFSF)

CashFlow / Quarterly

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
Operating Activities
Net income
6,628	6,134	5,751	5,238	5,291	5,401	4,165	4,007	1,460	3,751	3,898	3,206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	3,482	4,157	2,365	3,339	3,225	3,217	2,481	3,661	2,751	2,614	2,020	2,823	2,472	2,112	1,976	2,002	2,174	1,644	1,426	1,049	1,447	1,681	-693
Items not requiring cash
Provision for loan losses
575	425	475	475	600	570	500	450	350	370	300	200	250	250	150	200	-	-	-	-	0	0	500	350	-950	750	550	950	1,350	1,475	1,850	1,350	4,000	3,200	1,700	4,200
Depreciation and amortization
1,720	1,789	1,659	1,521	1,425	1,494	1,446	1,269	997	1,149	1,007	1,125	753	1,290	1,323	1,220	1,394	895	1,159	1,098	951	2,200	-68	1,030	2,073	1,180	1,272	1,231	2,399	1,371	1,447	1,519	1,494	1,571	1,501	1,575
Deferred income tax
-	-	-	-	-	-	-	-	-	-	-	-	-1,424	45	482	-640	37	-1,293	-635	-35	-247	420	-825	-435	-1,657	-561	-231	62	123	-633	-221	149	-1,251	-175	-235	746
Increase in cash value of life insurance
300	312	325	302	315	313	322	289	278	275	288	272	285	284	306	284	291	292	313	288	292	295	304	267	454	321	304	317	334	340	336	341	349	346	374	350
Net accretion of purchase accounting adjustments
65	-100	49	17	-305	42	-115	-61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans originated for sale
69,098	69,178	47,379	30,452	35,372	38,273	29,268	19,259	30,901	31,284	32,154	22,548	37,533	48,911	40,323	23,853	30,646	42,800	41,381	30,922	26,035	22,270	16,340	2,650	12,537	9,721	17,865	27,664	11,876	14,985	9,017	6,182	10,115	6,146	3,486	7,343
Proceeds from sales of loans held for sale
76,653	62,607	46,100	26,703	39,604	35,466	29,651	20,729	32,000	36,173	29,295	22,243	42,513	50,590	38,898	24,826	31,516	50,312	40,675	27,110	27,190	21,654	12,709	3,061	11,303	16,990	16,346	26,287	10,968	19,934	7,625	4,644	9,693	5,612	3,875	16,867
Net gain on sale of loans
1,722	1,778	1,341	1,030	902	853	736	635	1,162	1,010	945	770	866	1,548	1,407	940	910	1,239	1,121	906	920	443	382	104	198	85	133	436	482	541	715	132	1,608	244	349	91
Net gain on sale of securities, available for sale
-	-	-	444	-	-	-	154	-	45	279	129	-	92	652	118	13	57	126	240	-123	74	212	150	0	453	43	339	1,256	1,095	283	197	209	1,764	0	74
Gain on bank owned life insurance
-	-	-	-	0	1	0	326	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of other real estate and repossessed assets
11	28	-29	-29	-9	23	11	-68	-87	-14	-75	54	-65	72	-188	-29	-30	-31	32	-82	268	-81	-178	-62	-267	-109	37	19	-41	30	-160	-393	2,204	-2,294	-62	-273
Prepaid FDIC premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,344	-303	-300	-289	-293	-292	-299	-308	-302	-477
Change in
Interest receivable and other assets
-313	-1,703	-383	-1,163	3,078	-464	111	-927	552	-162	432	-1,441	1,959	-1,161	487	64	1,000	393	278	-350	760	400	-753	-21	954	796	-302	-862	-613	649	-627	-610	-22,675	22,661	-639	-34
Interest payable and other liabilities
-911	653	-272	-1,772	765	-86	1,155	-541	439	225	398	-775	-638	340	-1,469	1,762	-701	1,008	-1,388	1,358	-2,241	1,970	443	602	-1,244	1,484	100	167	772	-339	-9	302	604	514	-259	466
Loss on other-than-temporary impairment, securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	193
Other equity adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-138	-133	-118	-111	-112	-284	-122	-115	-103	-80	-85	-93	-76
Other adjustments
-81	-100	-331	281	-89	-25	-28	-22	-232	-35	23	-15	-36	-37	-36	-34	-36	-36	-34	-37	-	-	-	-	3	-138	-100	-140	-56	-177	-160	-131	-711	1,723	-642	-1,024
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,817	-	12,019	1,081	195	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
12,554	1,124	6,205	865	10,772	3,606	6,543	6,207	5,350	9,476	1,534	3,682	-	-	-	-	-	-	-	-	-	4,898	748	4,548	-	12,426	4,086	3,191	4,714	8,196	3,782	3,769	27,371	-17,634	6,263	15,889
Investing Activities
Net change in interest-bearing time deposits
527	254	34	-72	-3	246	145	5,973	84	109	-141	-912	-13	0	0	-980	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,415	-	-	-	-
Purchases of securities, available for sale
-	-	-	14,599	-	-	-	37,305	-	15,005	18,467	15,934	30,991	28,369	15,224	13,577	18,309	13,219	14,376	21,510	4,157	9,221	10,504	24,119	600	33,543	25,701	39,922	10,000	27,895	31,323	45,230	82,229	45,333	39,349	34,666
Proceeds from maturities and paydowns of securities, available for sale
15,452	11,803	9,542	7,359	8,351	8,833	8,404	6,332	6,379	6,917	6,596	6,730	10,165	9,966	9,953	7,788	13,024	9,627	11,098	8,075	7,966	8,943	7,833	6,967	7,600	12,731	14,848	18,169	18,206	18,832	16,990	14,819	17,860	10,708	11,008	7,997
Proceeds from sales of securities, available for sale
-	-	-	10,800	-	-	-	36,800	-	3,961	12,684	5,681	-	8,266	26,018	3,883	8,997	729	5,844	7,539	2,270	2,821	7,718	15,508	0	21,640	14,110	17,429	51,185	33,957	6,525	6,659	20,111	53,425	0	3,010
Purchase of Federal Home Loan Bank stock
0	0	0	81	-	-	-	-	0	0	0	258	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in loans
-	-	24,168	9,586	-	-	16,180	17,736	-	6,821	17,672	-1,257	36,012	28,306	21,680	6,948	24,040	19,224	16,872	7,425	8,840	16,182	17,133	-544	3,018	8,999	3,803	-11,957	24,939	11,535	32,569	19,596	4,760	-1,730	2,964	-19,692
Net cash and cash equivalents paid in acquisition
-	-	-	-	0	0	0	7,673	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises and equipment
592	84	322	540	559	192	325	390	632	762	214	201	165	224	502	1,188	1,333	376	177	527	637	188	98	383	271	422	230	102	437	781	803	118	665	47	257	147
Proceeds from sale of real estate owned and repossessed assets
371	950	440	942	36	765	431	366	16	315	146	503	147	879	969	502	252	423	981	604	4,359	832	1,136	1,278	640	808	1,199	1,106	407	2,113	1,682	337	1,030	1,030	1,483	882
Proceeds from sale of real estate held for investment
-	-	-	-	-	-	-	-	-	9	0	502	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from bank owned life insurance
-	-	-	-	0	0	0	1,669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of premises and equipment
0	0	0	375	0	0	0	67	-	-	-	-	9,434	-9	0	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	36	-14	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,455	-	-22,040	-11,348	-13,244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
2,925	24,841	-20,990	-5,417	-27,061	-11,736	-25,590	-11,886	-10,102	-11,277	-17,068	-2,632	-	-	-	-	-	-	-	-	-	-13,895	-11,048	-205	-	-7,785	423	8,637	34,444	14,691	-35,865	-41,700	-137	21,513	-27,823	-3,231
Financing Activities
Net change in
Noninterest-bearing, interest-bearing demand and savings deposits
-	-	-	16,012	-	-	-	19,727	-	20,631	-3,014	16,525	-6,239	31,408	-3,154	17,868	23,870	5,685	15,014	18,073	-3,186	23,502	178	16,334	-1,703	38,461	-15,658	14,115	-1,601	30,342	7,677	43,568	13,833	14,055	6,736	39,917
Certificates of deposit
-3,189	-11,060	3,786	24,534	-554	46,375	-14,107	3,462	-13,021	5,346	5,076	1,016	33,861	-2,149	-14,268	4,673	-12,074	-4,387	-22,851	-11,268	-16,344	-3,953	-25,839	-24,457	-34,930	-43,170	2,357	-30,397	-9,141	-8,812	-26,276	-20,105	-25,317	2,495	-19,625	12,973
Proceeds from FHLB advances
99,200	74,400	123,600	100,500	178,500	134,000	120,400	112,600	121,200	129,300	86,700	77,500	76,100	110,300	65,700	64,200	75,900	86,100	107,900	85,800	90,400	83,100	202,400	117,800	134,700	76,175	84,500	60,000	114,400	144,799	173,451	64,000	-	-	-	-
Repayments of FHLB advances
93,000	95,373	119,246	136,800	147,200	136,273	87,635	124,700	116,600	152,728	68,900	99,900	74,600	115,026	40,500	71,200	66,500	81,925	83,400	90,700	66,481	101,623	159,482	116,600	88,500	76,196	69,276	53,150	152,919	168,171	123,870	78,409	21,558	48,590	19,064	13,720
Proceeds from other borrowings
-	-	-	-	0	0	0	10,000	-	-	-	290	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of other borrowings
105	104	104	202	0	99	98	138	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net repayments other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-190	-189	-190	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190	189	190	190	190	189	190	190	190	189	190	217	212	210	208	205	200	197	197
Cash dividends
1,721	1,699	1,715	1,725	1,721	1,545	1,544	1,544	1,330	1,182	1,174	1,176	1,178	1,013	1,051	1,042	890	888	887	885	723	575	572	427	766	698	704	785	770	782	780	781	902	869	824	823
Stock options exercised
-	-	-	-	-	-	-	-	-	1,017	0	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock options exercised
789	48	40	169	-	-	-	-	-	-	-	-	0	0	89	887	418	0	282	1,311	396	501	416	34	160	33	180	197	-451	678	-892	1,216	-685	548	-889	1,083
Stock repurchased
-	-	-	-	-	-	-	-	-	-	-	-	-	0	3,593	761	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,435	-	4,395	15,869	2,141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-14,471	-27,594	16,379	2,488	17,831	6,997	10,983	19,407	6,342	2,384	18,398	-5,606	-	-	-	-	-	-	-	-	-	762	16,912	-7,506	-	-5,585	-6,021	-10,210	-50,699	-2,158	29,100	9,281	-6,434	-320	-22,864	39,232
Net Change in Cash and Cash Equivalents
-	-	-	-2,064	-	-	-	13,728	-	583	2,864	-4,556	1,717	-8,380	2,811	9,797	2,272	-5,626	5,602	-10,908	9,076	-8,235	6,612	-3,163	-6,655	-944	-1,512	1,618	-11,541	20,729	-2,982	-28,651	20,800	3,559	-44,423	51,889
Additional Cash Flows Information
Interest paid
4,731	5,279	5,720	5,306	4,827	4,219	3,900	3,026	2,922	2,781	2,510	2,292	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,233	-	2,257	2,191	2,141	2,309	2,116	2,157	2,275	2,566	2,754	2,891	2,934	3,328	3,635	3,790	4,055	4,248	4,774	5,019	5,338
Income tax paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	750	500	800	1,300	700	0	500	0	0	1,300	500	-	-	-	-	250	200	0	0
Transfers from loans to foreclosed assets
403	614	670	727	520	304	610	445	398	58	-105	273	535	99	513	303	290	575	170	266	509	472	788	360	2,268	1,982	282	506	1,152	485	2,099	1,518	-1,237	1,048	1,399	4,896
Mortgage servicing rights capitalized
413	202	139	64	117	154	111	56	272	131	85	61	134	144	132	72	100	160	113	87	65	100	74	39	70	135	105	154	63	117	80	34	33	40	230	126
Right of use assets obtained in exchange for lease obligations
0	0	0	3,603	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of securities, due to broker
-	-	-	-	-	-	-	-	-	-986	918	1,052	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of assets acquired
-	-	-	-	-300	0	-70	406,928	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid in acquisition
-	-	-	-	0	0	0	18,999	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued
-	-	-	-	0	0	0	42,323	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-300	0	-70	345,606	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-