| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||
Net income | ||||||||
1,334 | 2,572 | 2,406 | 1,404 | 1,627 | 1,724 | 1,689 | 1,048 | 1,186 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||
Depreciation and amortization | ||||||||
276 | 308 | 352 | 467 | 544 | 515 | 557 | 577 | 573 |
Deferred income tax expense (benefit) | ||||||||
347 | -1,434 | -70 | 115 | 173 | 445 | 345 | 839 | 177 |
Stock-based compensation | ||||||||
654 | 506 | 939 | 467 | 379 | 434 | 436 | 446 | 541 |
Provision for loan losses | ||||||||
367 | 446 | 100 | -78 | 194 | 349 | 18 | 0 | -187 |
Net amortization of investment securities | ||||||||
107 | 108 | 47 | 37 | 34 | 28 | 43 | 49 | 58 |
Stock dividends received on correspondent bank stock | ||||||||
5 | 4 | 6 | 13 | 6 | 25 | 35 | 36 | 40 |
Increase in cash surrender value of company-owned life insurance | ||||||||
91 | 93 | 95 | 95 | 94 | 95 | 99 | 105 | 94 |
Net gain on mortgage loans sold | ||||||||
2,481 | 2,576 | 3,291 | 3,262 | 1,456 | 791 | 1,159 | 1,359 | 1,251 |
Origination of mortgage loans held for sale | ||||||||
196,873 | 139,263 | 326,076 | 102,417 | 72,819 | 23,386 | 120,317 | 137,547 | 107,098 |
Proceeds from mortgage loans sold | ||||||||
179,207 | 163,553 | 294,122 | 88,785 | 69,694 | 28,567 | 137,237 | 125,970 | 109,091 |
Net loss on intangibles held for sale | ||||||||
-553 | - | - | - | - | - | - | - | - |
Net changes in operating assets and liabilities: | ||||||||
Accounts receivable | ||||||||
-646 | 260 | 260 | 165 | 61 | -244 | -768 | 0 | -88 |
Accrued interest receivable and other assets | ||||||||
376 | -254 | -2,503 | 137 | 2,447 | -680 | 1,002 | 998 | -269 |
Accrued interest payable and other liabilities | ||||||||
2,065 | -832 | -762 | -1,368 | 1,403 | -565 | 1,274 | -964 | 1,822 |
Net cash provided by (used in) operating activities | ||||||||
-18,400 | 24,766 | -28,686 | -11,952 | -5,641 | 9,243 | 17,218 | -10,152 | 1,491 |
Cash flows from investing activities | ||||||||
Activity in available-for-sale securities: | ||||||||
Maturities, prepayments, and calls | ||||||||
5,703 | 3,396 | 2,371 | 1,303 | 2,528 | 1,377 | 2,107 | 1,971 | 7,585 |
Purchases | ||||||||
- | 1,313 | 19,360 | 0 | 10,390 | - | - | - | - |
Purchases of correspondent bank stock | ||||||||
-568 | -49 | 0 | -875 | -362 | -5,883 | 2,920 | -1,565 | -2,081 |
Redemption of correspondent bank stock | ||||||||
- | 50 | 1,073 | 232 | 1,863 | - | - | 450 | 1,350 |
Purchases of premises and equipment | ||||||||
204 | 35 | 100 | 194 | 86 | 189 | 357 | 125 | 43 |
Loan and note receivable originations and principal collections, net | ||||||||
45,850 | 71,498 | -12,944 | 8,176 | 37,207 | 36,692 | 12,474 | 25,334 | 3,551 |
Net cash used in investing activities | ||||||||
-40,919 | -69,449 | 4,434 | -7,710 | -43,654 | -35,825 | -9,604 | -20,902 | 3,260 |
Cash flows from financing activities | ||||||||
Net change in deposits | ||||||||
91,666 | -22,120 | 103,727 | 27,076 | 40,343 | 59,119 | 34,897 | 25,515 | 2,110 |
Proceeds from subordinated notes | ||||||||
8,000 | - | - | - | - | - | - | - | - |
Payments on subordinated notes | ||||||||
101 | - | - | - | - | - | - | - | - |
Proceeds from issuance of common stock, net | ||||||||
- | - | - | - | - | 0 | 32,541 | 0 | 1,909 |
Repurchase of common stock | ||||||||
370 | - | - | - | - | - | - | - | - |
Dividends paid on preferred stock | ||||||||
- | - | - | - | - | 0 | 255 | 562 | 561 |
Payments to Federal Home Loan Bank Topeka borrowings | ||||||||
17,000 | 0 | 26,060 | 41,286 | 5,000 | - | - | - | - |
Proceeds from Federal Home Loan Bank Topeka borrowings | ||||||||
17,000 | 0 | 0 | 56,985 | 10,361 | - | - | - | - |
Payments to Federal Home Loan Bank Topeka borrowings | ||||||||
- | - | - | - | - | - | - | - | 83,200 |
Proceeds from Federal Home Loan Bank Topeka borrowings | ||||||||
- | - | - | - | - | - | - | - | 102,565 |
Net cash provided by financing activities | ||||||||
99,195 | -22,855 | 77,659 | 42,665 | 45,704 | 29,521 | 4,340 | 52,442 | 22,823 |
Net change in cash and cash equivalents | ||||||||
39,876 | -67,538 | 53,407 | 23,003 | -3,591 | 2,939 | 11,954 | 21,388 | 27,574 |
Supplemental cash flow information: | ||||||||
Interest paid on deposits and borrowed funds | ||||||||
2,463 | - | 3,452 | 3,269 | 2,981 | 7,210 | 2,172 | 1,913 | 1,627 |
Income tax refunds received | ||||||||
- | 914 | 932 | 700 | -70 | - | - | - | - |
Cash paid for amounts included in the measurement of lease liabilities | ||||||||
1,475 | 1,260 | 1,353 | 1,439 | 1,299 | - | - | - | - |
Supplemental noncash disclosures: | ||||||||
Available-for-sale reclass of equity securities | ||||||||
- | - | - | - | -1,300 | 0 | 0 | 0 | 703 |
Adoption of ASU 2018-02 - Reclassification of stranded tax effects | ||||||||
- | 0 | 0 | 0 | 235 | - | - | - | - |
Change in unrealized gain/(loss) | ||||||||
-597 | - | - | - | 1,062 | - | - | - | -706 |
Lease right-of-use-asset obtained in exchange for lease liabilities | ||||||||
- | 0 | 0 | 0 | 16,580 | - | - | - | - |
Reclass of unrealized loss on equity securities | ||||||||
- | - | - | - | - | -11 | 0 | 0 | 52 |