Magyar bancorp, inc. (MGYR)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'13Sep'12Sep'11Sep'10
Operating activities
Net income

2,996

2,030

1,423

1,091

897

262

509

-249

3,942

Adjustment to reconcile net income to net cash (used in) provided by operating activities
Depreciation expense

871

861

816

778

845

927

935

974

1,137

Premium amortization on investment securities, net

-105

-134

-187

-195

-245

-231

-228

-302

163

Provision for loan losses

668

997

1,343

1,366

1,264

2,111

1,461

1,748

2,729

Provision for loss on other real estate owned

212

418

218

301

66

42

148

292

0

Originations of SBA loans held for sale

2,683

8,167

4,382

6,194

-

-

-

-

-

Proceeds from the sales of SBA loans

2,876

8,660

4,706

9,842

-

-

-

-

-

Proceeds from the sales of loans

-

-

-

-

9,722

4,957

9,209

12,927

7,830

Gains on sale of loans receivable

193

493

324

625

542

406

466

745

-266

Gains on sales of investment securities

117

107

0

72

42

121

286

133

-501

Gains on the sales of other real estate owned

57

184

-80

-101

61

-78

-22

-107

-61

ESOP compensation expense

149

157

154

122

111

69

48

53

-

Stock-based compensation expense

-

-

-

3

12

18

181

403

-

Deferred income tax benefit

-

-

-

-

-

83

101

37

-3,468

Deferred income tax (benefit) expense

-292

710

997

605

403

-

-

-

-

ESOP compensation expense

-

-

-

-

-

-

-

-

55

Stock-based compensation expense

-

-

-

-

-

-

-

-

352

Increase in accrued interest receivable

-48

252

219

7

31

-142

-27

-29

257

Increase in surrender value of bank owned life insurance

304

293

293

295

304

332

350

354

-

Increase in surrender value of bank owned life insurance

-

-

-

-

-

-

-

-

-421

Increase in other assets

226

167

-155

18

-246

-1,239

145

-848

-2,504

(Decrease) increase in accrued interest payable

-2

88

-10

13

-17

-55

-104

-118

-257

Decrease in accounts payable and other liabilities

1,738

230

-1,250

1,307

-311

1,663

1,307

-119

-1,434

Net cash provided by operating activities

-

-

-

-

12,503

-

-

-

-

Net income to net cash (used in) provided by operating activities

5,789

4,622

3,601

8,513

-

10,908

12,825

16,002

7,553

Investing activities
Net increase in loans receivable

-20,410

-37,233

-5,540

-31,255

-25,855

-22,448

-20,037

1,763

14,814

Purchases of loans receivable

-

5,562

12,626

9,393

5,840

-

-

-

-

Proceeds from the sale of loans receivable

9,452

3,738

0

-

-

-

-

-

-

Purchases of investment securities held to maturity

1,645

3,492

5,484

10,565

9,700

23,777

17,210

18,658

14,368

Purchases of investment securities available for sale

3,088

1,443

7,931

6,482

0

7,075

10,156

26,301

13,007

Sales of investment securities held to maturity

-

3,408

-

-

-

-

-

-

4,270

Sales of investment securities available for sale

6,575

-

0

6,298

5,421

4,307

14,164

9,828

14,796

Principal repayments on investment securities held to maturity

5,750

5,223

6,896

10,080

5,884

12,140

21,021

17,975

21,716

Principal repayments on investment securities available for sale

3,166

2,757

1,099

1,033

734

3,152

4,687

6,023

2,196

Purchase of bank owned life insurance

1,500

-

-

-

-

-

-

-

-

Redemptions of bank owned life insurance

-

-

-

-

-

-

-

-

2,111

Purchases of premises and equipment

53

284

299

184

83

266

314

1,406

657

Investment in other real estate owned

11

191

58

162

465

291

1,176

1,490

899

Proceeds from other real estate owned

1,417

2,750

1,948

4,835

6,459

3,039

8,449

4,090

3,871

Redemption of Federal Home Loan Bank stock

58

162

-237

214

264

-

-

-

-

Net cash used by investing activities

-

-

-

-

-23,709

-

-

-

-

(Purchase) redemption of Federal Home Loan Bank stock

-

-

-

-

-

403

-86

476

403

Net cash used in investing activities

-405

-30,491

-21,758

-36,009

-

-30,816

-658

-7,700

35,246

Financing activities
Net increase in deposits

-62

14,936

22,551

26,381

17,818

36,810

-8,425

-2,989

-20,585

Stock compensation tax benefit

-

-

-

-

-

-

-

-

0

Net increase in escrowed funds

114

348

269

367

144

249

-274

-512

309

Proceeds from long-term advances

9,605

8,719

865

6,706

11,094

4,692

3,000

0

-

Repayments of long-term advances

8,940

5,100

5,000

2,260

5,000

12,695

2,813

10,853

10,858

Net change in short-term advances

-

-

-

-

-

-1,400

1,400

0

-

Repayments of securities sold under agreements to repurchase

-

-

-

-

5,000

0

10,000

0

-

Net cash provided by financing activities

-

-

-

-

19,056

-

-

-

-

Proceeds from long-term advances

-

-

-

-

-

-

-

-

1,500

Purchase of treasury stock

-

-

-

-

-

0

45

0

0

Net cash provided by financing activities

717

18,903

18,685

31,194

-

27,656

-17,157

-14,354

-29,634

Net (decrease) increase in cash and cash equivalents

6,101

-6,966

528

3,698

7,850

7,748

-4,990

-6,052

13,165

Supplemental disclosures of cash flow information
Interest

6,711

4,561

3,782

3,520

3,214

4,407

5,914

7,523

9,568

Income taxes

1,059

1,066

36

4

14

54

8

8

4

Non-cash operating activities
Real estate acquired in full satisfaction of loans in foreclosure

503

-

1,161

1,824

4,850

-

-

-

-

Investment securities transferred from held to maturity to available for sale

-

12,619

0

-

-

-

-

-

-

OREO transferred to premises and equipment

-

-

-

860

0

0

1,588

0

-