NBT BANCORP INC NBTB Cash Flow

Nbt bancorp inc (NBTB)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	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	Dec'10	Sep'10	Jun'10	Mar'10
Operating activities
Net income
10,368	28,960	32,379	30,555	29,127	28,652	29,807	28,121	25,986	17,637	22,876	21,359	20,279	19,608	20,001	19,909	18,891	19,127	19,851	19,281	18,166	18,513	10,912	27,640	18,009	17,925	19,257	16,916	7,649	13,116	14,535	13,257	13,650	13,722	15,217	14,655	14,307	14,434	14,570	14,424	13,976
Adjustments to reconcile net income to net cash provided by operating activities
Provision for loan losses
29,640	6,004	6,324	7,277	5,807	6,528	6,026	8,778	7,496	8,153	7,889	7,567	7,379	8,165	6,388	4,780	6,098	5,779	4,966	3,898	3,642	6,892	4,885	4,166	3,596	5,166	5,198	6,402	5,658	6,940	4,755	4,103	4,471	5,576	5,175	6,021	3,965	6,687	7,529	6,350	9,243
Depreciation and amortization of premises and equipment
2,478	2,391	2,374	2,375	2,357	2,323	2,313	2,317	2,327	2,297	2,271	2,239	2,249	2,258	2,254	2,267	2,244	2,152	2,217	2,125	2,152	2,152	2,067	2,059	2,046	2,063	2,057	2,037	1,791	1,640	1,616	1,531	1,489	1,440	1,371	1,328	1,324	1,336	1,328	1,339	1,324
Net amortization on securities
-722	-880	-876	-822	-797	-899	-975	-1,052	-1,081	-1,158	-1,198	-1,163	-1,267	-1,497	-1,965	-1,017	-799	-703	-694	-626	-531	-524	-809	-962	-921	-976	-1,271	-1,720	-1,091	-642	-569	-553	-644	-658	-427	-766	254	-2,358	502	236	152
Amortization of intangible assets
834	865	874	893	968	936	1,054	1,096	914	1,001	993	1,039	967	952	952	928	1,096	1,228	1,165	1,187	1,284	1,226	1,275	1,236	1,310	1,324	1,346	1,351	851	864	870	841	819	760	782	771	733	744	767	780	781
Amount of amortization expense attributable to right-of-use asset from operating lease.
1,829	1,843	1,806	1,791	1,799	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit on stock-based compensation
189	38	60	51	260	36	60	40	407	72	171	54	1,472	1,055	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
2,675	614	456	563	2,577	479	503	500	2,454	449	557	472	2,166	1,282	810	674	1,612	689	721	688	1,988	704	735	828	1,254	734	845	762	1,964	806	761	790	2,007	808	713	578	1,145	1,224	574	1,470	514
Bank owned life insurance income
1,374	1,236	1,556	1,186	1,377	1,239	1,288	1,217	1,347	1,262	1,284	1,218	1,411	1,297	1,336	1,271	1,291	916	931	928	1,559	8,804	-1,095	-978	-1,382	6,441	-913	-2,584	849	-5,305	639	618	971	716	674	660	1,035	872	655	808	981
Trading security purchases
-	-	-	-	-	-	-	-	-	116	177	16	1,277	253	-236	-298	568	43	118	157	492	8	133	442	1,043	63	73	205	744	48	48	161	496	43	51	561	-208	336	-36	-36	-80
Net unrealized losses on trading securities
-	-	-	-	-	-	-	-	-	469	299	346	-491	153	497	-16	-40	434	-686	46	-20	163	134	-41	132	431	120	125	100	19	162	-256	178	54	-362	218	-103	202	-19	134	-103
Deferred income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,645	-210	-309	2,725	-941	-88	-1,706	-5,475	0	-1,127	-2,876	-336	-6,681	-4,350	-3,588
Proceeds from sale of loans held for sale
50,946	66,168	44,562	39,867	25,232	29,308	23,667	25,595	23,977	24,189	26,445	35,754	24,896	25,433	26,572	22,500	22,098	21,500	26,255	17,632	7,111	3,026	2,102	1,483	439	12,111	20,171	23,643	15,417	27,238	9,148	14,748	14,026	10,288	780	434	2,043	13,328	29,419	18,607	21,789
Originations of loans held for sale
46,956	61,508	46,191	46,976	26,586	31,111	27,716	25,055	24,188	23,960	25,083	34,541	27,622	23,299	26,095	25,165	22,133	20,552	23,074	18,754	7,297	3,343	3,171	2,283	1,418	790	25,489	22,926	17,307	18,989	13,081	18,943	15,239	11,722	1,570	1,378	-503	149,225	-29,728	-17,751	-21,277
Net gain on sale of loans held for sale
242	311	219	168	88	105	94	30	57	57	69	177	46	40	232	178	49	131	5	39	64	14	0	0	3	120	351	337	480	1,117	458	453	441	327	2	0	0	1,583	-194	-215	-263
Net security losses (gains)
-812	189	4,036	-69	57	-6,916	412	91	72	1,869	-4	2	0	-674	0	1	29	3,044	3	26	14	33	38	14	7	13	329	-61	1,145	21	26	97	455	53	12	113	-27	4,485	-1,120	-63	-28
Net losses (gains) on sale of other real estate owned
-11	-405	23	-2	157	360	-320	16	174	32	-515	861	-157	62	97	222	306	96	162	1,079	0	108	139	110	102	452	83	420	151	386	185	170	247	1,819	251	718	-257	861	-230	4	-118
Gains on bank owned life insurance settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairment write-down of equity security
-	-	-	-	-	-	-	-	-	0	0	0	1,312	-2,565	2,565	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in other assets and other liabilities
10,627	-4,677	-4,572	13,225	926	-4,759	-7,512	23,886	-2,061	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (increase) in other assets
-	-	-	-	-	-	-	-	-	-	-	3,748	-3,539	-	9,709	9,025	-2,135	-6,540	2,801	431	-12,078	484	26,724	-489	-7,118	-10,791	-2,872	-8,229	-915	2,512	1,783	-6,067	-5,032	7,078	-803	-4,780	2,084	-11,294	75	3,051	1,541
Net increase in other liabilities
-	-	-	-	-	-	-	-	-	-	-	9,550	-5,145	-	8,503	4,211	-1,319	-1,016	12,404	1,395	-7,547	2,047	11,660	-9,577	1,156	-13,913	17,027	1,003	-9,336	1,085	9,684	-3,061	-7,836	10,274	1,374	-3,072	3,230	-3,755	7,892	2,487	-3,979
Net cash provided by operating activities
40,927	49,504	42,138	22,608	39,213	47,991	42,607	17,124	40,051	40,336	30,659	38,180	27,729	30,691	29,818	20,738	29,318	31,443	37,686	25,372	29,999	29,036	16,360	10,653	31,762	33,037	44,331	37,015	4,915	31,115	24,615	18,555	14,569	16,239	24,444	19,006	24,076	20,882	23,993	25,659	18,903
Net cash used in acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26	0	-140	81,049	-250	0	4,781	48,340	82,467	0	-1,000	0	-	-	-	-
Securities Available For Sale [Abstract]
Proceeds from maturities, calls and principal paydowns
83,394	47,508	89,306	42,276	94,488	45,714	88,859	73,751	51,122	85,286	68,429	58,860	78,038	74,340	89,424	86,927	74,090	69,955	104,069	64,125	61,153	57,703	58,750	52,339	67,341	62,405	79,561	124,557	109,986	192,668	175,770	105,050	100,340	181,197	112,399	102,276	145,683	91,275	134,504	140,433	145,182
Proceeds from sales
0	0	0	0	26,203	101,315	0	0	0	-	-	-	1,000	-	-	-	0	-	-	-	-	-	-	-	-	0	1,357	23,629	2,607	-1	0	0	1,791	2,319	0	118	0	97,901	4,650	0	702
Purchases
88,209	92,182	39,969	57,233	63,579	30,444	3,502	6,982	91,520	954	70,127	52,393	110,330	245,372	113,446	95,997	142,613	208,666	30,292	127,859	114,445	22,619	58,439	46,255	70,339	50,217	84,497	99,251	119,749	154,480	144,266	84,488	100,624	260,193	119,701	143,319	124,835	251,275	81,892	141,469	160,683
Securities Held To Maturity [Abstract]
Proceeds from maturities, calls and principal paydowns
39,843	57,736	77,698	57,300	30,999	27,521	27,885	27,090	18,242	17,704	33,172	32,969	19,914	24,217	35,236	25,849	15,591	17,833	18,429	23,198	19,752	17,926	11,995	9,728	5,107	9,831	7,760	9,882	6,940	7,078	7,773	10,249	6,406	7,420	10,478	16,712	12,576	15,305	30,767	50,927	15,400
Purchases
31,163	9,510	11,668	21,448	28,034	151,302	143,769	84,198	21,333	7,494	11,878	35,391	5,943	66,942	20,411	60,594	9,471	20,321	33,503	22,541	18,907	15,878	16,238	12,146	5,217	8,813	3,820	68,857	3,131	5,234	5,101	3,848	6,010	6,156	5,388	4,946	4,246	8,257	11,482	16,384	12,578
Equity Securities, FV-NI, Held-for-investment [Abstract]
The cash inflow associated with the sale of equity securities.
-	-	-	-	-	0	695	0	2,623	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The cash outflow associated with the purchase of equity securities.
0	0	59	13	21	0	2	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for (Proceeds from) Other Investments [Abstract]
Net increase in loans
116,434	125,920	57,444	79,359	9,975	7,552	34,846	219,109	69,659	125,768	106,800	104,247	82,299	53,099	127,080	73,927	90,342	21,176	108,838	152,143	33,206	20,911	16,969	96,054	78,304	57,261	78,185	102,081	17,791	43,200	91,897	123,493	18,940	57,855	47,591	43,581	23,893	-2,382	-20,362	16,991	-1,539
Proceeds from Federal Home Loan Bank stock redemption
35,664	35,552	48,331	50,425	48,444	59,975	63,227	52,561	71,081	71,084	64,962	56,320	56,521	50,591	44,033	30,308	33,886	21,112	20,655	5,604	13,481	15,255	26,007	21,873	15,306	27,409	0	-1,989	1,989	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of Federal Home Loan Bank stock
32,062	-	39,825	52,464	39,172	-	61,425	63,006	68,153	-	56,992	66,783	52,065	55,306	41,091	43,306	29,475	23,784	15,997	16,501	8,617	13,229	11,566	29,508	9,900	30,782	0	5,584	0	1,214	0	672	0	-	-	-	-	-2,682	-2,250	-1,550	-2,251
Proceeds from settlement of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-1	21	0	1,457	0	44	29	1,468	4,745	0	746	573	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	2,250	0	0	45,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises and equipment, net
3,348	2,629	1,436	672	1,910	3,146	2,219	851	1,186	2,514	1,573	1,335	1,269	-1,344	2,569	458	1,625	3,194	2,328	1,627	1,044	2,387	3,118	2,384	1,114	2,357	1,137	1,266	1,006	2,189	2,036	1,267	1,502	4,277	3,565	1,083	1,029	2,138	1,625	1,415	1,332
Proceeds from sales of other real estate owned
80	414	390	38	701	1,467	842	748	534	487	347	3,990	2,430	1,482	570	1,375	3,208	859	452	1,899	698	749	944	1,017	902	1,754	3,470	-1,023	1,023	1,205	750	1,024	637	458	1,120	325	628	690	818	867	811
Net cash (used in) provided by investing activities
-112,235	-131,712	70,375	-61,150	58,144	-17,235	-64,255	-227,880	-108,249	-29,281	-69,663	-112,246	-94,003	-172,578	-137,265	-129,823	-190,294	-155,391	-43,130	-225,816	-79,667	21,543	-8,634	-81,005	-75,645	-48,057	-77,613	-120,001	61,917	-5,617	-59,007	-92,664	30,438	-53,862	-51,843	-74,677	4,884	-51,435	98,352	20,285	-8,708
Financing activities
Net increase in deposits
276,818	-155,346	149,460	-23,953	249,448	-73,079	96,841	-49,479	223,292	-60,600	215,952	-169,767	211,363	24,450	208,822	-164,626	300,199	4,216	229,148	-107,958	179,832	-15,334	272,351	-26,310	178,674	-112,914	124,962	-137,787	118,194	-21,666	117,108	-106,695	146,348	-42,720	150,451	-144,329	124,590	-68,269	101,290	-75,848	84,133
Net (decrease) in short-term borrowings
-106,371	212,009	-166,100	64,484	-326,814	59,988	-42,289	267,985	-133,111	37,171	-149,234	290,942	-141,460	96,676	-81,397	318,556	-94,613	80,149	-149,660	318,820	-123,630	-58,835	-158,841	177,600	-99,164	82,808	-12,377	199,740	1,326	25,576	-74,838	46,226	-15,615	23,307	-17,673	8,497	8,027	-7,030	7,428	-7,906	10,965
Proceeds from issuance of long-term debt
-	-	-	-	-	0	0	0	25,000	25,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	150	0	0	-2	158	0	0	0	0
Repayments of long-term debt
28	20,028	28	28	27	28	26	15,046	25,045	25,044	45	15,065	64	30,057	42	20,071	70	188	70	70	170	110	120,936	194,641	144	186	102	119,550	43,757	4	3	3,343	4	3	3	2,140	0	59,594	49,993	25,129	50,108
Proceeds from the issuance of shares to employee and other stock plans
184	182	371	-32	204	156	259	209	672	297	1,005	24	1,983	1,798	3,248	993	-7	6,328	2,536	1,547	-1,055	5,053	75	766	362	5,180	1,119	-606	-359	570	135	-225	915	663	-44	169	598	387	0	784	504
Excess tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	436	-128	-70	103	17	0	-686	809
Cash paid by employer for tax-withholding on stock issuance
1,166	26	156	210	1,230	101	57	6	1,729	0	759	10	2,813	259	285	189	2,654	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
7,980	-	-	-	0	-	-	-	-	-	-	-	-	0	0	0	17,193	0	16,125	10,672	0	-	-	-	-	-	-	-	-	0	30,980	-15,490	0	61,004	-9,338	-18,795	-2,369	954	-477	0	0
Cash dividends
23,632	11,836	11,396	4	22,774	11,370	10,930	3	20,966	10,031	10,029	10,024	10,020	9,977	9,945	9,485	9,473	9,596	9,596	9,675	9,282	9,252	9,228	9,218	9,207	9,184	8,766	8,810	6,758	6,746	6,734	6,584	6,648	6,624	6,687	6,839	6,913	6,899	6,897	6,898	6,883
Net cash provided by (used in) financing activities
137,825	24,955	-27,849	50,855	-101,193	-24,434	43,798	203,660	68,113	-33,207	56,890	96,100	58,989	102,631	124,281	125,178	176,189	79,245	56,233	191,992	45,695	-78,478	-16,528	68,125	70,521	-34,296	97,837	-72,473	68,646	-2,270	35,668	-86,331	125,216	-24,941	116,578	-163,509	124,194	-141,388	51,351	-115,683	39,420
Net increase (decrease) in cash and cash equivalents
66,517	-57,253	84,664	12,313	-3,836	6,322	22,150	-7,096	-85	-22,152	17,886	22,034	-7,285	-39,256	16,834	16,093	15,213	-44,703	50,789	-8,452	-3,973	-27,899	-8,802	-2,227	26,638	-49,316	64,555	-155,459	135,478	23,228	1,276	-160,440	170,223	-62,564	89,179	-219,180	153,154	-171,941	173,696	-69,739	49,615
Supplemental disclosure of cash flow information
Cash paid during the period for:
Interest expense
12,530	13,199	15,113	14,267	13,329	10,689	10,330	7,995	7,677	6,116	7,367	6,041	6,363	5,197	6,343	5,050	5,876	4,656	5,624	4,825	5,803	4,673	5,309	6,576	6,829	6,972	7,482	8,853	8,000	8,393	8,706	9,269	8,976	9,361	9,654	10,389	10,731	12,259	12,966	13,913	15,530
Income taxes paid, net of refund
1,960	8,429	6,871	11,257	1,817	821	8,187	19,691	3,199	11,445	9,344	11,867	1,019	11,706	8,364	17,404	3,405	9,657	10,000	8,155	872	1,934	17,482	16,751	2,745	7,963	8,360	4,181	344	7,055	4,335	12,152	1,970	8,721	7,703	13,559	1,275	8,236	7,648	17,728	3,421
Cash Flow, Noncash Investing Activities Disclosure [Abstract]
Loans transferred to other real estate owned
1,017	133	308	21	325	277	84	132	780	754	345	936	3,946	4,500	755	656	952	594	496	1,141	1,062	3,195	350	325	460	3,961	-2,246	2,072	959	-	-	-	-	-	-	-	-	-	-	-	-
Acquistitions: [Abstract]
Loans transferred to OREO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	705	184	-	485	525	100	275	265	348	324
Fair value of assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,075	605	362	1,503,448	602	-391	252,280	5,976	63,560	0	3,460	0	-	-	-	-
Fair value of liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,086	594	362	1,283,676	0	-391	231,087	54,316	145,061	0	3,426	0	-	-	-	-
Fair value of debt issued in purchase combination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	352	0	0	150	0	0	2,460	0	-	-	-	-
Increase in securities purchases in process
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,315