MIDSOUTH BANCORP INC MSL Cash Flow

Midsouth bancorp inc (MSL)

CashFlow / Quarterly

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
Cash flows from operating activities:
Net loss
-2,903	-5,830	-22,309	-4,899	-668	360	-10,504	1,666	-5,414	2,491	2,199	2,398	2,493	2,349	1,838	2,589	5,099	1,491	3,664	4,472	4,116	6,858	3,545	3,540	3,663	3,428	1,629	2,649	2,478	2,886	1,279	1,099	1,354	741
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation
1,816	1,956	-	-681	2,093	2,072	-	1,412	1,440	1,493	1,489	1,467	1,452	1,512	1,516	1,545	1,552	1,555	1,544	1,531	1,514	1,473	1,494	1,410	1,375	1,321	1,054	959	901	885	867	896	762	740
Accretion of purchase accounting adjustments
-	-	-	-	-	-	-	-79	-103	2	-181	-216	-65	-288	-232	-414	-400	-189	-616	-474	-469	-981	-1,238	-899	-1,818	-1,914	-392	-420	-565	-690	-	-	-	-
Amortization of purchase accounting adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20
Provision for loan losses
4,759	7,600	12,000	4,300	440	0	10,600	4,300	12,500	2,800	2,600	2,900	2,300	2,800	3,000	3,800	1,100	6,000	2,700	1,175	1,200	550	800	450	1,250	550	500	300	575	675	775	650	900	1,600
Deferred tax expense
0	0	-	-1,367	-1,606	1,614	-	353	-835	-222	-801	-451	173	-503	-152	-950	1,268	-1,951	-3,523	788	969	277	647	1,185	397	599	52	754	616	229	-302	-112	-214	137
Amortization of premiums on securities, net
-	-	-	-	-	-	-	-738	-704	-686	-793	-763	-726	-681	-674	-745	-763	-633	-615	-669	-833	-930	-1,041	-1,048	-1,085	-1,299	-561	-506	-453	-358	-231	-168	-212	-299
ESOP and stock-based compensation expense
-97	140	40	23	7	-51	78	19	-15	81	45	42	26	97	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-736	690	-333	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock option expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83	85	85	-	79	81	195	96	89	61	62	63	59	28	0	-1	0	0	14
Restricted stock expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	-	-	-	-	0	0	13	8	15	13	17	12	10	18	16	18
ESOP compensation expense
-	-	-	-	-	-	12	0	23	27	-18	-22	-30	-36	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of investment securities
202	373	-49	0	0	0	0	338	3	6	0	0	20	0	0	0	1,128	115	-	0	128	0	-	25	0	204	-	69	135	0	-	-	-	-
Gain on sale of loans held for sale
0	1,274	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of loans held for sale
1,383	19,273	0	0	1,109	14,514	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	2	1	1	2	2	4	5	4	4	3	4	4	3	3	4
Net gain on sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41
Net loss on sale of other real estate owned
-13	-24	-3	-66	-2	1	3	19	-12	8	-1	-19	-13	-24	-14	3	-40	50	-20	1,086	21	-26	15	-93	-104	-8	5	-75	1	-94	0	0	-66	0
Net write down of other real estate owned
89	27	58	8	98	48	339	0	60	23	0	0	10	120	0	82	0	29	60	0	0	31	77	33	300	47	107	23	460	-8	-	-	-	-
Loss on transfer of loans to held for sale
0	0	108	-4	8	875	6,030	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss on sale/disposal of premises and equipment
-56	-135	56	250	-12	-55	98	-636	-24	12	29	-1	-7	14	16	6	1	1	50	-244	-16	28	22	30	-142	-6	-12	6	0	0	-	-	-	-
Change in other assets
795	5,940	-	-	692	1,831	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in other liabilities
-1,025	8,177	-	-	2,339	2,063	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	84
Gain on valuation of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Change in accrued interest receivable
-	-	-	-	-	-	-	485	-304	-60	414	677	-244	135	-61	-136	50	106	-12	279	-127	-197	-173	101	-83	156	-700	248	-427	134	-116	534	-383	296
Change in accrued interest payable
-	-	-	-	-	-	-	-15	14	-11	33	-29	-4	-9	-66	-25	-19	-4	6	-197	161	-204	147	-203	141	-286	131	-214	152	-250	155	-219	175	-231
Change in other assets & other liabilities, net
-	-	-	-	-	-	-	362	3,384	-510	144	4,042	-4,740	-454	1,142	-3,102	4,305	-1,684	-2,618	-17	3,588	-1,565	-	-	-	-	-	-	-	-	-	-	-	-
Change in other assets & other liabilities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,284	-	-69	463	-335	383	-277	-754	-1,019
Net cash provided by operating activities
3,094	23,915	-3,396	3,105	3,142	19,718	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,530	6,244	6,053	6,057	-	4,466	4,946	4,396	2,046	2,760	4,290	4,108
Net cash provided by operating activities
-	-	-	-	-	-	-	-	5,207	8,247	-	2,559	11,791	7,178	-	10,689	3,844	9,061	-	6,941	4,812	10,890	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities:
Net change in time deposits in other banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	881	0	1	0	0	0	0	0	5,164
Proceeds from maturities and calls of securities available-for-sale
19,385	13,374	12,180	13,718	12,025	12,272	13,867	14,485	13,469	14,631	21,149	15,342	13,826	18,379	15,060	16,094	21,792	17,988	14,998	11,832	9,318	12,316	13,298	14,569	21,197	23,664	45,517	51,091	28,882	20,529	22,040	18,336	28,900	11,754
Proceeds from maturities and calls of securities held-to-maturity
1,885	2,619	3,066	2,703	5,292	7,583	2,477	3,509	3,566	5,865	4,960	5,768	3,942	2,919	3,989	5,216	10,757	3,326	3,566	3,622	2,965	4,191	3,329	5,833	6,164	7,620	9,394	7,248	4,233	3,465	0	0	130	770
Proceeds from sale of securities available-for-sale
23,934	32,352	8,555	0	0	410	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of securities available-for-sale
-	-	-	-	-	-	-	10,014	503	6,462	0	0	6,803	0	0	0	5,768	34,509	0	0	22,153	0	71	13,969	0	41,839	0	4,855	1,703	0	0	0	1,629	2,266
Proceeds from Sale of Held-to-maturity Securities
-	-	-	-	-	-	0	0	0	887	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of securities available-for-sale
30,351	36,763	78,411	59,997	30,532	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of securities available-for-sale
-	-	-	-	-	-	-	3,000	2,500	36,672	54,953	14,415	35,123	0	50,963	0	31,633	73,853	1,250	0	0	0	0	20,739	11,438	35,866	21,189	25,925	33,399	19,871	30,815	33,804	44,517	40,196
Purchases of securities held-to-maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,104	0	1,682	2,506	22,194	5,344	2,119	30,697	0	-	-	-	-
Proceeds from redemption of other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	150	600	0	1,000	0	0	500	0	0	-	-	-	-
Proceeds from sale of other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	549	0	349	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of other investments
1,178	469	86	1,597	21	682	14	534	361	7	16	303	441	7	407	2,013	954	3	13	3	561	3	567	2	939	1,712	4	0	184	1	444	0	4	1
Net change in loans
-2,028	-10,250	-21,271	-91,873	-77,103	-44,026	-21,895	-33	-18,929	-9,687	12,962	11,674	13,355	-12,293	-35,149	8,183	-15,975	28,461	36,313	24,637	40,671	46,021	-7,751	26,038	79,128	-15,075	-21,679	57,295	3,952	1,767	3,296	30,694	18,404	-2,519
Purchases of premises and equipment
117	1,186	466	365	418	275	816	1,278	775	887	671	2,792	1,445	915	1,935	1,001	1,076	1,362	1,323	1,356	1,275	1,634	3,309	3,681	2,610	4,664	4,006	3,501	2,321	417	709	853	1,515	579
Proceeds from sale of premises and equipment
-98	279	67	327	257	224	1,826	0	105	144	35	14	0	40	48	7	24	4	986	253	458	32	24	35	9	1	0	0	0	0	3	0	0	6
Proceeds from sale of other real estate owned
175	352	274	330	353	151	35	117	999	612	796	916	1,213	245	657	275	50	532	479	2,977	323	15	-	-	-	-	-	-	-	110	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	321	313	306	-	-	-	-	-	-	-	0
Net cash provided by investing activities
15,663	20,808	-33,550	46,992	64,059	61,709	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,472	-17,415	-67,938	24,950	-	-24,726	-35,714	2,048	650	3,308	-33,167	-18,297
Net cash provided by investing activities
-	-	-	-	-	-	-	-	33,992	722	-	-7,144	-23,980	32,954	-	10,593	21,201	-46,971	-	-7,095	-7,290	-32,058	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities:
Change in deposits
-22,246	-6,436	-57,058	-13,891	19,083	24,248	-76,246	19,715	-36,724	-6,486	-5,770	25,145	1,874	7,366	7,443	-14,809	-57,820	30,901	64,435	-4,521	-22,441	29,206	12,777	-29,530	-24,155	8,453	-27,495	25,465	-23,136	12,734	-7,424	-2,659	2,368	22,756
Change in securities sold under agreements to repurchase
-6,512	748	-2,456	-1,210	-18,140	-34,107	12,258	-35,924	992	-4,654	-749	9,424	-2,093	1,922	-6,128	7,538	-2,799	25,248	-8,866	3,390	15,579	-1,921	-19,993	22,199	3,153	7,110	-14,694	4,886	1,292	2,977	-9,000	9,115	238	1,899
Borrowings from FHLB
55,000	55,000	-	-	82,500	82,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings from FHLB
-	-	-	-	-	-	-	25,000	0	0	0	0	0	25,000	0	70,000	55,000	25,000	110,000	0	-15,000	25,000	-	-	-	-	-100	0	0	100	-	-	0	0
Repayments to FHLB
55,000	55,000	82,500	92,500	82,500	95,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Federal Home Loan Bank advances
-	-	-	-	-	-	-	-	-	17	18	17	16	50,017	45,017	40,015	40,017	25,015	120,016	15	-24,985	25,015	14	15	14	14	-100	0	0	100	-	-	0	0
Proceeds from exercise of stock options
0	0	1	91	122	429	0	0	0	266	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	500	250	250	250	250	250	250	0	0	0	0	-	-	-	-
Proceeds and tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	19	80	-	489	122	0	-	0	0	-30	-	-31	-65	0	-	-	-	-
Tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	420	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ExcessTaxBenefitFromDividendsPaidtoESOP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit resulting from distribution from Directors Deferred Compensation Plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends on preferred stock
810	810	809	809	811	810	809	811	811	811	812	811	427	171	170	172	173	174	174	175	175	180	467	392	292	368	399	380	400	400	160	278	251	249
Payment of dividends on common stock
167	166	166	166	165	165	-658	1,489	1,025	1,024	1,024	1,024	1,024	1,023	1,022	1,023	1,021	1,020	1,020	1,017	901	900	901	899	-12	1,532	734	733	733	732	679	683	682	681
Net cash used by financing activities
-29,735	-6,664	-60,488	-25,985	89	-22,905	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,705	-4,973	3,454	13,429	-	29,269	-22,912	14,579	-17,195	17,495	1,673	23,725
Net increase in cash and cash equivalents
-10,978	38,059	-	-	67,290	58,522	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by financing activities
-	-	-	-	-	-	-	-	13,767	-12,726	-	32,717	-1,686	-16,923	-	21,519	-46,811	55,440	-	-9,566	1,910	25,940	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	-	-10,159	31,686	52,966	-3,757	-44,439	28,132	-13,875	23,209	-36,236	42,801	-21,766	17,530	32,657	-9,720	-568	4,772	16,297	-16,144	-58,431	44,436	13,918	9,009	-53,680	21,023	-14,499	23,563	-27,204	9,536
Supplemental cash flow information:
Interest paid
1,992	2,073	2,073	1,940	1,828	1,654	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	1,499	1,476	1,426	1,443	1,402	1,429	1,415	1,416	1,437	1,427	1,311	1,700	1,322	1,708	1,428	1,837	1,266	2,003	-	-	-	-	-	-	-	-
Income taxes paid
-	-	-	-	-	-	0	0	2,500	0	-	-	-	-	-	-	-	-	-	-	-	-	0	450	2,850	200	-	-	-	-	-	-	-	-
Noncash investing and financing activities:
Transfer of loans to other real estate
-	-	-	-	-	-	441	642	815	95	-	517	63	110	-	122	43	866	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of loans to other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	352	219	65	417	-	-	-	97	-	-	-	-
Transfer of loans to held for sale
5,810	0	23,876	0	0	221	15,737	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in accrued common stock dividends
-	-	-	-	-	-	-	-1,277	417	1	0	0	0	0	-13	1	1	1	0	4	117	0	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	493	49	50
Change in accrued preferred stock dividends
-	-	-	-	-	-	-	-	-	-	0	0	384	256	-1	0	-2	0	-	-	-	-	-288	76	-268	292	-	-	-	-	-	-	-	-
Transfer of loans to other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,843	4,935	407
Net change in loan to ESOP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	191	-144	29	28
Change in unrealized gains/losses on securities available-for-sale, net of tax
-	-	-	-	-	-	-	-2,307	1,778	529	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in unrealized gains on derivative instruments, net of tax
-	-	-	-	-	-	-	80	-88	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financed portion of sales of other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	84	0	0	0	0	-	-	-	-	0	0	73	0
Net change in loan to ESOP
-	-	-	-	-	-	-	47	110	109	-	-135	77	-191	-	-671	34	-268	-	16	-283	0	-	-	-	-	-	-	-	-	-	-	-	-
Accrued preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	-	-	-	-