Mid penn bancorp inc (MPB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating Activities:
Net Income

17,701

10,596

7,089

7,804

-

-

-

-

-

-

-

Net Income

-

-

-

-

6,528

5,701

4,939

4,951

4,543

2,748

-2,295

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan and lease losses

1,390

500

325

1,870

1,065

1,617

1,685

1,036

1,205

2,635

9,520

Depreciation

2,815

2,395

1,464

1,658

1,485

1,235

-

-

-

-

-

Depreciation

-

-

-

-

-

-

1,250

1,153

1,230

1,302

1,115

Amortization of intangibles

1,430

1,224

105

126

100

62

39

-14

-

-

-

Amortization of intangibles

-

-

-

-

-

-

-

-

77

18

37

Net amortization of security discounts/premiums

-755

-517

-1,280

-11,709

-4,251

-1,250

-2,557

-1,809

767

-162

212

Amortization of operating lease right of use assets

1,678

-

-

-

-

-

-

-

-

-

-

Amortization of finance lease right of use asset

150

-

-

-

-

-

-

-

-

-

-

Gain on sales of investment securities

1,878

137

42

1,046

-

-

-

-

-

-

-

Earnings on cash surrender value of life insurance

331

286

262

-

-

-

-

-

-

-

-

Gain on sales of investment securities

-

-

-

-

325

168

220

267

0

-

-

Earnings on cash surrender value of life insurance

-

-

-

264

269

201

231

247

258

270

280

Mortgage loans originated for sale

163,228

46,264

44,010

42,888

26,083

16,775

-

-

-

-

-

Proceeds from sales of mortgage loans originated for sale

160,279

46,353

45,801

43,810

26,539

17,088

-

-

-

-

-

Gain on sale of mortgage loans

3,771

751

872

922

456

313

-

-

-

-

-

SBA loans originated for sale

13,792

7,734

10,282

-

-

-

-

-

-

-

-

Proceeds from sales of SBA loans originated for sale

14,622

8,296

11,082

-

-

-

-

-

-

-

-

Gain on sale of SBA loans

831

561

800

-

-

-

-

-

-

-

-

SBA loans originated for sale

-

-

-

5,872

3,484

1,168

-

-

-

-

-

Proceeds from sales of SBA loans originated for sale

-

-

-

6,342

3,736

1,287

-

-

-

-

-

Gain on sale of SBA loans

-

-

-

470

252

119

-

-

-

-

-

Loss on write-down or disposal of property, plant, and equipment

-168

-71

-14

-142

-

-18

8

-1

46

4

-

Gain on sale or write-down of foreclosed assets

-15

4

88

217

111

204

-

-

-

-

-

Loss on sale or write-down of foreclosed assets

-

-

-

-

-

-

-302

96

-

-

-

Restricted stock compensation expense

346

267

145

53

27

-

-

-

-

-

-

(Gain) loss on sale/write-down of foreclosed assets

-

-

-

-

-

-

-

-

-20

-

-

Gain from life insurance proceeds

-

-

-

-

-

-

-

-

-

-

158

Loss on disposal of property, plant, and equipment

-

-

-

-

-

-

-

-

-

-

5

Loss (gain) on sale / write-down of foreclosed assets

-

-

-

-

-

-

-

-

-

283

110

Deferred income tax expense

665

1,317

1,828

-336

997

-112

192

450

-526

-288

-243

Increase in accrued interest receivable

-280

398

636

115

367

354

-189

-174

435

-149

34

Increase in other assets

8,193

1,779

380

99

-333

547

-500

-424

-3,006

-887

4,593

Increase in accrued interest payable

-54

528

130

125

9

-44

-227

-444

-47

-639

-661

Net change in operating lease liability

-1,782

-

-

-

-

-

-

-

-

-

-

Increase in other liabilities

-573

-3,175

-172

4

-771

9

319

278

392

279

-218

Net Cash (Used In) Provided By Operating Activities

7,831

10,983

11,895

21,848

-

-

-

-

8,446

7,270

2,093

Investing Activities:
Net Cash Provided By Operating Activities

-

-

-

-

13,174

8,670

10,682

9,400

-

-

-

Proceeds from the sale of available-for-sale securities

154,307

158,271

52,932

111,390

37,142

13,729

15,118

17,895

-

-

-

Net decrease in interest-bearing time deposits with other financial institutions

-

-

-

4,317

1,455

1,741

16,050

3,914

27,564

-16,437

11,472

Proceeds from the maturity or call of available-for-sale securities

13,659

17,235

5,960

16,110

11,940

13,585

37,101

39,453

26,413

8,982

15,360

Purchases of available-for-sale securities

20,406

24,830

16,041

142,861

35,858

43,633

27,881

53,553

111,157

33,472

9,354

Proceeds from the maturity or call of held-to-maturity securities

23,160

14,493

5,102

-

-

-

-

-

-

-

-

Purchases of held-to-maturity securities

58,848

75,375

108,697

-

-

-

-

-

-

-

-

Net cash received from acquisitions

-

72,616

-

-

8,095

-

-

-

-

-

-

Redemptions of restricted investment in bank stock

-1,744

-72

1,941

-1,823

576

212

466

-617

-708

-201

411

Net increase in loans and leases

139,430

132,097

96,570

77,795

60,043

27,170

65,896

6,389

-

-

-

Net Cash Provided by (Used In) Investing Activities

-

-

-

-

-38,903

-41,892

-23,605

3,563

-

-

-

Proceeds from bank owned life insurance

140

-

-

-

-

-

-

-

-

-

507

Net increase in loans and leases

-

-

-

-

-

-

-

-

17,774

-8,690

53,528

Purchases of bank premises and equipment

3,885

8,958

6,879

775

1,461

1,009

588

995

1,415

1,587

2,647

Proceeds from sale of bank premises and equipment

1,268

-

2,201

-

-

-

-

42

-

-

-

Proceeds from the sale of foreclosed assets

1,306

420

136

992

403

1,077

2,957

2,579

983

484

1,190

Net Cash Used In Investing Activities

-26,985

21,847

-163,797

-86,799

-

-

-

-

-74,678

-33,139

-37,411

Financing Activities:
Net increase in deposits

186,368

-12,469

88,195

158,330

15,883

29,792

-

-

-

-

-

Net increase in demand deposits and savings accounts

-

-

-

-

-

-

-

29,645

90,955

109,653

42,791

Net increase (decrease) in time deposits

-

-

-

-

-

-

-17,331

-38,239

-11,882

-54,686

20,400

Net decrease in short-term borrowings

-43,100

-25,836

34,611

-31,596

31,018

-23,255

23,833

-

-1,561

-14,483

-7,933

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

0

Proceeds from long-term debt borrowings

13,500

30,000

-

-

-

30,000

15,000

-

-

-

0

Preferred stock dividends paid

-

-

-

-

-

-

-

-

-

500

453

Preferred stock issuance

-

-

-

-

-

-

-

-

-

-

0

Common stock dividends paid

6,688

4,513

2,204

2,452

1,785

1,575

872

872

696

-

1,809

Proceeds from Stock Purchase Plan stock issuance

-

-

-

-

-

53

55

56

38

-

-

Net change in finance lease liability

46

-

-

-

-

-

-

-

-

-

-

Deferred financing fees paid for subordinated debt issuance

-

-

85

-

85

-

-

-

-

-

-

Proceeds from the issuance of subordinated debt

-

-

10,000

-

7,500

-

-

-

-

-

-

Warrant repurchase

-

-

-

-

-

-

58

-

-

-

-

Long-term debt repayment

32,184

198

1,220

26,724

16,226

184

14,365

191

5,182

10,174

17,166

Net Cash (Used In) Provided By Financing Activities

-

-

-

-

29,131

34,481

6,073

-15,331

-

-

-

Net Cash Provided By Financing Activities

118,119

-16,279

129,443

97,640

-

-

-

-

71,172

29,810

35,830

Net increase in cash and cash equivalents

98,965

16,551

-22,459

32,689

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

3,402

1,259

-6,850

-2,368

4,940

3,941

512

Supplemental Disclosures of Cash Flow Information:
Cash paid for interest

25,218

11,103

6,174

5,242

-

-

-

-

-

-

-

Interest paid

-

-

-

-

4,566

4,471

5,284

7,569

9,569

-

13,965

Cash paid for income taxes

3,770

1,425

3,890

1,700

1,130

1,520

775

1,700

940

-

50

Supplemental Noncash Disclosures:
Recognition of operating lease right of use assets

13,120

-

-

-

-

-

-

-

-

-

-

Recognition of operating lease liabilities

14,326

-

-

-

-

-

-

-

-

-

-

Recognition of finance lease right of use asset

3,597

-

-

-

-

-

-

-

-

-

-

Recognition of finance lease liability

3,597

-

-

-

-

-

-

-

-

-

-

Asset transferred to bank premises and equipment held for sale

-

-

-

1,894

-

-

-

-

-

-

-

Loans transferred to foreclosed assets held for sale

470

1,116

189

248

1,135

881

2,777

2,587

1,298

-

-

Debt securities transferred from held-to-maturity to available-for-sale

67,096

-

-

-

-

-

-

-

-

-

-

Dividends declared and not paid before year-end

-

-

1,060

423

-

-

-

-

-

-

-

Assets Acquired:
Liabilities Assumed:
Equity Acquired:
Loan transfers to foreclosed assets held for sale

-

-

-

-

-

-

-

-

-

-

447

Series D Preferred Stock [Member]
Preferred stock dividends paid

-

102

-

-

-

-

-

-

-

-

-

Preferred stock redemption

-

3,404

-

-

-

-

-

-

-

-

-

Employee [Member]
Proceeds from Stock Purchase Plan stock issuance

134

119

104

82

-

-

-

-

-

-

-

Director [Member]
Proceeds from Stock Purchase Plan stock issuance

135

124

42

-

-

-

-

-

-

-

-

First Priority and Scottdale [Member]
Common stock issued to First Priority and Scottdale shareholders

-

4,200

-

-

-

-

-

-

-

-

-

Securities

-

177,016

-

-

-

-

-

-

-

-

-

Loans

-

582,392

-

-

-

-

-

-

-

-

-

Restricted stock

-

2,334

-

-

-

-

-

-

-

-

-

Property and equipment

-

2,643

-

-

-

-

-

-

-

-

-

Foreclosed assets

-

136

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

4,190

-

-

-

-

-

-

-

-

-

Accrued interest receivable

-

3,282

-

-

-

-

-

-

-

-

-

Core deposit and other intangible assets

-

7,976

-

-

-

-

-

-

-

-

-

Cash surrender value of life insurance

-

3,363

-

-

-

-

-

-

-

-

-

Other assets

-

1,100

-

-

-

-

-

-

-

-

-

Assets acquired

-

784,432

-

-

-

-

-

-

-

-

-

Deposits

-

714,927

-

-

-

-

-

-

-

-

-

Borrowings

-

49,939

-

-

-

-

-

-

-

-

-

Accrued interest payable

-

1,089

-

-

-

-

-

-

-

-

-

Other liabilities

-

6,309

-

-

-

-

-

-

-

-

-

Liabilities assumed

-

772,264

-

-

-

-

-

-

-

-

-

Preferred stock

-

3,404

-

-

-

-

-

-

-

-

-