Midland states bancorp, inc. (MSBI)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash flows from operating activities:
Net income

43,351

55,784

59,328

55,170

51,597

39,421

25,076

18,615

9,372

16,056

25,648

31,663

34,913

31,542

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

9,430

12,039

11,425

10,029

9,556

5,925

5,828

5,999

5,591

0

0

0

Depreciation on premises and equipment

6,700

6,600

6,500

6,300

6,346

6,200

5,934

5,761

5,338

5,000

4,930

4,877

4,929

5,080

0

0

0

Amortization of intangible assets

7,100

7,100

7,200

7,200

7,125

7,000

6,109

5,496

4,450

3,300

2,825

2,152

2,092

2,147

0

0

0

Amortization of operating lease right-of-use asset

2,899

2,937

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

2,120

2,364

2,220

2,041

1,946

1,533

2,075

1,942

1,685

1,384

590

553

518

492

0

0

0

Amortization of restricted stock awards

-

-

-

-

-

-

-

-

-

-

767

697

620

555

0

0

0

Increase in cash surrender value of life insurance

3,637

3,640

3,650

3,652

3,660

3,579

3,431

3,301

3,033

2,791

2,619

2,441

3,174

2,150

0

0

0

Investment securities amortization, net

-3,495

-3,757

-3,894

-4,009

-4,173

-3,898

-3,448

-3,103

-2,353

-1,960

-1,651

-1,273

-1,681

-1,133

0

0

0

Gain on sales of other real estate owned

134

185

83

125

303

544

650

586

416

145

55

66

153

113

0

0

0

Other-than-temporary impairment on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

824

0

0

0

Gain on sales of investment securities, net

-

-

-

-

-

464

-2

95

220

222

14,606

14,548

14,565

14,702

0

0

0

Impairment of other real estate owned

605

16

0

0

0

-

-

-

-

244

0

0

0

-

-

-

-

Origination of loans held for sale

490,074

504,973

559,170

539,649

518,787

557,305

547,134

595,580

679,593

778,626

912,872

1,118,268

1,149,352

1,176,716

0

0

0

Proceeds from sales of loans held for sale

504,321

530,530

582,594

569,087

535,585

590,282

561,128

612,391

711,931

815,471

956,650

1,201,350

1,236,751

1,184,739

0

0

0

Gain on loans sold and held for sale

14,139

15,082

14,096

13,356

10,335

11,165

12,100

13,988

19,619

24,295

27,144

30,512

52,639

35,127

0

0

0

Loss on disposals of premises and equipment

-34

-32

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Amortization of loan servicing rights

2,932

2,820

2,725

2,631

2,764

2,949

3,156

4,031

4,596

5,107

5,985

6,155

6,234

6,141

0

0

0

Impairment of loan servicing rights

10,582

2,139

-854

-1,616

-557

-449

1,425

1,231

2,381

2,324

-1,128

-159

966

3,135

0

0

0

Impairment of assets held for sale

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other operating assets and liabilities:
Accrued interest receivable

-1,322

-1,399

-1,500

709

1,621

431

1,413

64

495

1,137

486

-414

-245

505

0

0

0

Accrued interest payable

709

1,430

1,139

1,718

1,486

1,785

2,670

1,643

1,969

1,211

205

227

124

66

0

0

0

Accrued income taxes receivable

2,053

-2,454

-8,165

-3,969

-2,840

451

2,871

1,860

4,982

2,496

759

-837

-8,269

-2,892

0

0

0

Operating lease liabilities

-3,443

-3,241

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

11,462

8,470

8,526

26

7,501

5,712

-1,757

13,787

1,779

-3,673

6,700

-633

3,149

6,399

0

0

0

Other liabilities

2,846

3,656

17,056

-1,787

-3,040

3,783

2,023

2,051

-874

-2,835

-34

-3,885

6,572

-313

0

0

0

Net cash provided by operating activities

104,959

119,406

133,018

113,591

89,180

97,060

73,643

56,066

60,713

70,449

56,597

100,889

119,654

24,126

0

0

0

Investment securities available for sale:
Purchases

235,108

200,231

128,821

49,797

74,479

76,289

106,037

184,092

163,251

259,098

355,901

288,688

287,020

198,680

0

0

0

Sales

33,464

33,464

32,878

31,778

18,569

20,178

28,145

30,872

21,146

22,595

96,058

94,296

95,209

115,999

0

0

0

Maturities and payments

256,979

239,760

184,634

122,417

132,221

131,220

153,976

181,948

176,242

247,929

245,701

196,003

164,310

74,948

0

0

0

Investment securities held to maturity:
Purchases

-

-

-

-

-

-

-

-

-

3,155

3,145

3,134

3,123

2,617

0

0

0

Maturities

-

-

-

-

-

-

-

-

-

16,889

14,853

12,131

14,516

11,019

0

0

0

Equity securities:
Purchases

89

82

86

61

61

59

0

0

0

-

-

-

-

-

-

-

-

Net (increase) decrease in loans

276,134

145,772

57,958

-15,006

73,673

131,114

225,582

145,133

114,924

238,398

171,200

344,735

448,407

335,943

0

0

0

Purchases of premises and equipment

5,021

5,538

5,477

6,323

7,109

7,200

6,626

7,502

6,208

6,182

6,132

3,390

2,971

2,179

0

0

0

Proceeds from sales of mortgage servicing rights held for sale

-

3,288

3,288

3,181

6,106

12,994

0

0

0

-

-

-

-

-

-

-

-

Purchases of nonmarketable equity securities

7,855

14,263

13,297

16,963

21,098

20,737

22,438

27,365

21,830

18,376

0

0

0

-

-

-

-

Sales of nonmarketable equity securities

-

12,684

13,261

18,066

13,957

15,099

13,936

14,016

13,215

11,233

9,837

3,818

3,594

90

0

0

0

Proceeds from sale of premises and equipment

-

-

-

-

-

33

0

0

0

-

-

0

0

-

-

-

-

Proceeds from sales of other real estate owned

603

1,647

1,596

1,927

3,422

3,879

5,340

6,075

7,270

6,189

6,301

5,911

5,200

6,199

0

0

0

Net cash acquired (paid) in acquisitions

-

-

-

-

-

-36,153

-36,153

-36,153

-17,622

18,519

0

0

0

-

-

-

-

Net cash (used in) provided by investing activities

-95,409

54,459

101,849

120,662

7,063

-6,661

-91,898

-59,429

-44,918

-234,607

-203,192

-357,008

-490,649

-359,062

0

0

0

Net increase (decrease) in deposits

292,612

148,344

-19,775

-148,650

-198,632

-168,049

-82,391

-282,327

-143,553

-13,144

-45,432

236,635

137,766

36,718

0

0

0

Net (decrease) increase in short-term borrowings

-72,254

-42,206

-23,156

-692

-14,861

-31,891

-7,993

-56,093

-7,776

10,135

720

31,181

22,386

24,019

0

0

0

Proceeds from FHLB borrowings

265,000

360,000

475,000

655,080

995,080

1,017,080

1,002,080

927,000

522,000

447,357

512,357

697,357

857,357

1,015,000

0

0

0

Payments made on FHLB borrowings

317,194

482,190

540,786

745,862

907,858

886,726

852,531

662,257

335,064

320,857

394,857

529,857

647,357

817,500

0

0

0

Payments made on other borrowings

-

32,857

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments made on subordinated debt

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid on preferred stock

-

191

273

329

329

330

0

0

0

-

-

-

-

-

-

-

-

Cash dividends paid on common stock

24,351

23,599

22,891

22,168

21,561

19,977

18,560

17,158

15,118

14,008

12,955

11,903

10,845

9,853

0

0

0

Common stock repurchased

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock under employee benefit plans

5,057

5,794

4,247

3,166

2,930

2,278

1,772

1,436

950

3,225

4,212

4,315

3,893

1,318

0

0

0

Net cash provided by (used in) financing activities

163,366

6,940

-67,954

-265,169

-150,946

-91,901

77,116

-54,662

97,292

188,644

102,137

467,109

426,675

313,177

0

0

0

Net increase (decrease) in cash and cash equivalents

172,916

180,805

166,913

-30,916

-54,703

-1,502

58,861

-58,025

113,087

24,486

-44,458

210,990

55,680

-21,759

0

0

0

Supplemental disclosures of cash flow information:
Cash payments for:
Interest paid on deposits and borrowed funds

59,711

58,158

55,750

51,635

47,305

40,956

34,478

30,080

24,610

21,965

19,528

16,946

16,323

15,929

0

0

0

Income tax paid (net of refunds)

1,040

479

617

664

888

580

591

551

677

653

1,553

1,546

921

1,073

0

0

0

Supplemental disclosures of noncash investing and financing activities:
Transfer of investment securities held to maturity to investment securities available for sale

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of investment securities available for sale to equity securities

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Transfer of loans to other real estate owned

0

-

-

-

-

1,104

1,963

2,479

3,103

3,718

3,253

4,690

4,726

4,839

0

0

0