National bankshares inc (NKSH)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash Flows from Operating Activities
Net income

17,002

17,466

17,252

17,251

17,298

16,151

14,676

14,210

13,739

14,092

14,474

14,517

14,812

14,942

15,030

15,401

15,646

15,833

16,413

16,477

16,476

16,914

17,398

17,652

17,978

17,790

17,853

17,629

17,534

17,747

17,951

18,167

18,043

17,638

0

0

0

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

405

126

176

304

591

-81

-474

-496

-374

157

1,226

1,316

1,506

1,650

2,423

2,310

2,011

2,009

1,215

1,393

1,739

1,641

1,362

1,309

963

1,531

1,909

2,384

3,133

3,134

3,307

3,172

2,821

2,949

0

0

0

Depreciation of bank premises and equipment

742

739

723

713

736

766

799

816

804

805

806

808

812

801

784

766

751

749

752

753

746

732

721

717

715

726

739

744

760

764

0

0

0

-

-

-

-

Depreciation of bank premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Amortization of intangibles

-

-

-

-

-

50

49

50

49

68

95

122

178

257

410

639

840

999

1,075

1,075

1,075

1,075

1,076

1,076

1,076

1,078

1,080

1,081

1,083

1,083

1,082

1,083

1,083

1,083

0

0

0

Amortization of premiums and accretion of discounts, net

-391

-212

-67

-58

-57

-58

-57

-57

-56

-58

-63

-72

-80

-89

-98

-105

-114

-117

-118

-124

-125

-138

-150

-160

-166

-171

-186

-201

-327

-224

-218

-211

-222

-217

0

0

0

Gains on disposal of fixed assets

-

-5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-94

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales and calls of securities available for sale, net

574

566

0

0

0

-

-

-

-

-

-

-

-

186

181

82

41

33

0

0

0

-

-

-

-

-52

-24

26

11

46

0

0

0

-

-

-

-

Gain on calls of securities held to maturity, net

-

-

-

-

-

-

-

-

-

-

-

-

-

46

46

46

18

0

-1

-1

-1

0

0

0

0

-

-

-

-

15

0

0

0

-

-

-

-

Gains (losses) on sales and calls of securities available for sale, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gains on calls of securities held to maturity, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Loss and write-down on other real estate owned, net

-4

-5

-30

-277

-418

-489

-510

-293

-193

-125

-333

-349

-332

-355

-129

-89

-71

-426

-451

-498

-499

-129

-83

-58

-104

-99

-49

39

-21

14

-226

-296

-410

-334

0

0

0

Gain on disposal of repossessed assets

-

-4

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash value of bank-owned life insurance

912

910

904

896

892

901

914

925

843

758

672

588

593

597

599

602

601

603

605

605

611

616

623

633

645

658

0

0

0

-

0

0

0

-

-

-

-

Origination of mortgage loans held for sale

24,856

21,032

16,785

14,899

12,744

12,626

15,278

14,815

13,627

13,912

15,541

15,548

17,294

17,090

15,356

16,614

17,206

17,641

0

0

0

-

-

-

-

16,737

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of mortgage loans held for sale

24,022

20,496

15,710

15,441

12,338

13,013

14,994

14,404

14,453

14,341

15,694

15,971

17,017

17,526

16,526

17,071

18,515

17,571

14,828

16,363

11,213

10,248

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of mortgage loans held for sale

352

297

231

233

196

199

238

216

218

211

224

251

268

280

273

267

281

273

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-down of insurance receivable

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in:
Mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Accrued interest receivable

-1,121

-875

-1,356

-208

41

-137

466

261

93

37

-15

-120

-320

-509

-521

-598

81

21

-49

59

-387

-201

-336

-493

15

-298

-247

18

-297

-57

-68

18

657

288

0

0

0

Other assets

1,455

1,340

-2,985

-3,078

-2,862

-2,899

553

-51

190

2,537

522

789

1,529

-438

487

121

-485

-559

-23

-165

-558

574

-419

917

-1,086

-1,760

-812

-1,479

119

8

157

-676

-932

-580

0

0

0

Accrued interest payable

-3

55

-32

94

85

27

114

8

10

7

3

-13

-17

-1

-13

-5

-8

-12

-6

-10

-8

-24

-30

-55

-68

-47

-81

-47

-45

-67

-29

-64

-69

-51

0

0

0

Other liabilities

2,873

2,465

130

-496

948

404

211

344

-1,400

101

304

578

40

-41

24

278

1,150

963

945

585

-183

-428

-247

68

471

83

243

-327

-447

-175

-2,035

-2,343

-1,964

-4,135

0

0

0

Net cash provided by operating activities

18,949

18,832

17,912

18,498

19,368

19,796

14,199

14,228

12,977

10,993

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

21,233

-

19,910

20,001

19,786

20,338

20,681

21,705

22,345

24,450

0

0

0

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities
Net change in interest-bearing deposits

-18,517

-33,390

-107,162

-30,057

23,190

7,742

29,932

59,115

8,981

29,035

21,910

-13,204

43,811

50,543

10,125

7,926

-41,687

-28,263

-2,674

22,294

21,855

-4,482

-24,145

-41,552

-1,667

-781

4,482

41,106

-5,999

1,634

2,508

-50,334

-45,627

-28,955

0

0

0

Proceeds from calls, principal payments, sales and maturities of securities available for sale

-

-

-

-

-

-

0

0

14,039

-

26,060

107,458

197,596

220,581

218,046

154,671

77,982

64,556

53,934

39,602

20,041

11,088

11,727

14,519

29,599

63,886

92,615

122,766

146,489

151,175

142,402

128,122

105,421

74,934

0

0

0

Proceeds from calls, principal payments, sales and maturities of securities available for sale

0

-

-

-

28,305

6,430

8,939

11,201

11,875

8,975

9,470

7,558

10,932

16,945

16,437

17,114

11,291

9,205

7,578

8,017

10,013

8,677

8,370

9,036

9,625

9,738

15,863

19,344

21,138

30,942

30,420

30,590

30,520

22,123

0

0

0

Purchase of securities available for sale

0

-

-

-

-

25,323

52,472

55,235

51,263

40,290

49,036

116,259

236,936

290,296

292,477

230,491

110,470

80,093

54,956

58,888

51,513

33,905

19,909

7,977

50,331

83,996

112,286

159,538

144,576

171,577

165,277

129,603

114,608

64,567

0

0

0

Purchases of securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,381

6,381

5,381

8,382

13,484

19,224

40,148

49,047

47,803

54,316

40,939

37,512

35,411

0

0

0

Net change in restricted stock

0

-

-

-

-

20

1,508

21

21

30

30

30

30

41

41

41

41

40

40

40

40

-325

-325

-325

-874

-275

0

0

0

-

-

-

-

-

-

-

-

Net change in restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Purchase of loan participations

502

673

800

1,323

6,521

7,853

13,825

13,840

8,429

7,395

1,981

3,026

3,847

3,800

3,714

2,447

447

1,001

0

0

0

-

-

-

-

900

0

0

0

-

-

-

0

-

-

-

-

Collection of loan participations

1,199

4,262

3,333

3,698

4,104

970

2,218

1,826

2,115

2,113

780

979

819

820

805

619

60

1,978

1,990

2,109

2,124

1,539

1,538

1,434

1,449

152

-2,541

849

1,949

1,988

0

0

0

-

-

0

0

Loan originations and principal collections, net

-12,804

-28,388

-23,997

-42,007

-58,227

-35,591

-30,512

-24,752

-978

-15,981

-24,467

-23,397

-43,360

-27,792

-9,962

-4,542

12,345

-17,259

-33,323

-37,529

-36,849

-13,880

-12,973

-13,020

-21,080

-8,830

1,630

-3,870

5,654

-8,182

0

0

0

-

-

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of other real estate owned

593

591

0

0

0

-

-

-

-

311

252

388

551

877

876

927

1,147

773

1,188

1,041

696

744

335

285

373

854

1,373

1,402

1,803

1,699

1,247

1,462

1,669

1,391

0

0

0

Proceeds from disposal of repossessed assets

77

53

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recoveries on loans charged off

242

267

271

278

256

235

331

310

319

287

174

168

144

159

146

149

152

145

165

159

150

255

287

290

300

167

116

104

102

100

0

0

0

-

-

-

-

Recoveries on loans charged off

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Additions to premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

276

272

348

431

769

928

1,155

982

725

0

0

0

Proceeds from sale of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

141

453

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale and purchases of premises and equipment, net

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-60,295

-61,678

1,177

11,865

24,517

-3,629

-31,655

-12,778

-34,352

-20,192

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-49,570

-

-26,295

-23,690

-35,133

-35,324

-39,305

-40,354

-37,482

-31,439

0

0

0

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities
Net change in time deposits

13,944

26,229

28,419

9,291

-1,781

-13,085

-22,552

-16,499

-13,219

-15,730

-16,448

-17,889

-19,820

-21,147

-19,742

-20,978

-25,801

-22,723

-26,759

-28,107

-24,323

-24,963

0

0

0

-

-

-

-36,156

-33,333

-20,681

-12,039

-12,335

-21,132

0

0

0

Net change in other deposits

34,034

41,582

17,432

-8,275

-10,954

5,293

12,755

22,923

39,679

32,022

38,413

58,508

47,788

45,730

67,220

68,560

59,356

59,154

40,366

34,800

45,194

47,355

50,069

57,365

59,799

49,299

42,520

43,352

41,483

60,766

50,829

55,290

58,232

55,882

0

0

0

Common stock repurchased

-

18,525

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

92

0

0

0

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

25,798

-

6,016

-875

13,076

14,597

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

38,418

40,254

-16,416

-25,723

-39,151

-16,211

16,923

-1,856

18,319

8,151

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net change in cash and due from banks

-2,928

-2,592

2,673

4,640

4,734

-44

-533

-406

-3,056

-1,048

764

-1,384

3,741

1,822

-1,144

2,967

-2,539

-742

-369

-4,564

-2,271

-389

-991

2,443

4,049

-1,500

1,361

334

-1,567

2,886

-85

27

441

2,039

0

0

0

Supplemental Disclosures of Cash Flow Information
Interest paid on deposits

7,386

7,325

7,180

6,434

5,674

5,020

4,385

4,267

4,168

4,118

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid on deposits and borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,172

-

4,295

4,437

4,679

4,923

5,127

5,393

5,659

6,002

6,512

7,026

7,494

7,954

8,277

8,658

8,991

9,235

0

0

0

Income taxes paid

-

-

-

-

-

-

-

-

-

4,092

4,032

3,841

3,940

3,940

4,190

4,480

4,790

4,790

4,770

4,920

3,810

5,282

5,427

5,639

6,558

5,145

4,603

4,782

4,793

4,930

5,933

5,973

4,975

4,779

0

0

0

Supplemental Disclosure of Noncash Activities
Loans charged against the allowance for loan losses

767

920

898

857

878

689

617

607

815

819

1,228

1,307

1,496

1,806

2,385

2,395

2,313

2,120

1,294

1,392

1,929

1,860

1,708

1,580

1,257

1,820

0

0

0

-

-

-

-

-

-

-

-

Loans charged against the allowance for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Loans transferred to other real estate owned

-

-

-

-

-

-

-

-

-

97

319

319

222

222

0

0

257

620

687

687

867

905

4,590

4,667

4,284

4,230

501

1,461

1,978

1,631

0

0

0

-

-

-

-

Unrealized net gain on securities available for sale

5,643

6,515

13,758

9,640

6,253

-2,858

-9,253

-6,293

-4,184

832

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,041

9,426

-298

-1,668

5,978

4,620

18,093

19,121

7,832

-577

-18,418

-24,704

0

0

0

-

-

-

-

-

-

-

-

Increase in operating lease right-of-use asset upon adoption of ASU 2016-02

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in operating lease liability upon adoption of ASU 2016-02

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans transferred to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Unrealized net losses on securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0