Origin Bancorp, Inc. OBNK Cash Flow

Origin bancorp, inc. (OBNK)

CashFlow / TTM

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
Cash flows from operating activities:
Net income
40,480	53,882	54,233	51,934	52,353	51,605	44,199	29,708	20,829	14,669	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
27,100	9,600	8,900	5,203	3,524	1,000	-503	2,320	3,962	8,300	0	0	0
Depreciation and amortization
6,844	6,706	6,542	6,465	6,124	5,869	6,127	5,553	5,679	5,852	0	0	0
Net amortization on securities
-1,495	-975	-460	-513	-817	-1,138	-1,058	-1,468	-1,409	-1,416	0	0	0
Amortization of investments in tax credit funds
1,571	1,608	1,687	1,734	1,816	1,899	2,559	2,573	2,601	2,629	0	0	0
Net realized gain on securities sold
0	-	-	-	0	-	-	-	-	-	-	-	-
Deferred income tax (benefit)
-6,372	-2,596	-406	1,488	4,758	5,637	3,669	4,046	5,427	4,931	0	0	0
Stock-based compensation expense
2,314	2,247	2,281	2,079	1,738	1,462	1,220	1,075	1,127	1,150	0	0	0
Originations of mortgage loans held for sale
404,977	353,090	307,213	267,369	271,255	300,093	353,093	409,261	472,449	500,234	0	0	0
Proceeds from mortgage loans held for sale
372,979	334,958	284,478	260,301	274,132	309,153	372,788	419,811	487,291	517,326	0	0	0
Gain on mortgage loans held for sale, including origination of servicing rights
-	-	-	-	-	-	-	-	0	-	-	-	-
Mortgage servicing rights valuation adjustment
0	-	-	-	0	-	-	-	-	-	-	-	-
Originations of mortgage servicing rights
-	-	-	-	-	-	-	-	-	-	0	0	0
Net loss (gain) on disposals of premises and equipment
-151	-139	-139	-129	-38	-75	-80	-83	1,425	1,434	0	0	0
Increase in the cash surrender value of life insurance
1,127	755	768	744	703	713	654	641	655	631	0	0	0
Net loss on sales and write downs of other real estate owned
-210	-194	-179	-264	-68	-95	-403	-237	-321	-398	0	0	0
Net decrease in accrued interest and other assets
-	-	-	-	-	-	-	-	-	-	0	0	0
Net increase in accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	0	0	0
Other operating activities, net
-8,199	-8,035	-353	-21,733	-793	-8,094	-15,018	1,715	-3,362	-473	0	0	0
Net cash provided by operating activities
50,951	61,553	52,714	75,860	69,755	77,826	71,842	57,386	49,687	61,988	0	0	0
Cash flows from investing activities:
Purchases of securities available for sale
218,783	94,544	68,151	165,722	366,039	477,548	575,305	541,540	435,303	443,033	0	0	0
Maturities and paydowns of securities available for sale
157,136	154,473	148,965	115,496	200,258	279,152	359,564	411,330	408,342	409,180	0	0	0
Proceeds from sales and calls of securities available for sale
0	-	-	-	0	-	-	-	-	-	-	-	-
Maturities, paydowns and calls of securities held to maturity
544	541	837	828	826	1,018	710	700	698	520	0	0	0
Net purchases of non-marketable equity securities held in other financial institutions
8,898	-3,386	8,992	23,218	17,048	17,026	0	0	0	-	-	-	-
Originations of mortgage warehouse loans
4,780,025	4,306,171	4,114,766	4,093,048	4,338,519	4,495,650	6,566,358	5,361,553	4,502,041	4,343,469	0	0	0
Proceeds from pay-offs of mortgage warehouse loans
4,545,509	4,239,381	4,043,171	4,138,599	4,326,928	4,542,822	6,598,550	5,388,910	4,594,451	4,344,800	0	0	0
Net increase in loans, excluding mortgage warehouse and loans held for sale
415,737	290,278	519,476	656,944	579,585	601,153	409,532	253,072	284,345	179,383	0	0	0
Bank-owned life insurance payout
0	-	-	-	0	-	-	-	-	-	-	-	-
Return of capital on limited partnership investments
428	503	521	713	387	456	424	247	468	844	0	0	0
Capital calls on limited partnership investments
1,671	1,521	1,271	1,534	1,388	2,838	3,347	3,157	2,625	2,175	0	0	0
Purchases of premises and equipment
7,267	11,152	11,466	11,709	9,996	5,482	5,531	3,901	2,487	3,031	0	0	0
Proceeds from sales of premises and equipment
16	27	27	27	69	111	13	-2,268	4,293	4,411	0	0	0
Proceeds from sales of other real estate owned
418	470	450	25	440	516	2,455	2,536	2,764	3,244	0	0	0
Net cash used in investing activities
-690,614	-291,185	-495,733	-695,782	-772,972	-764,927	-614,367	-357,377	-205,343	-197,650	0	0	0
Cash flows from financing activities:
Net increase in deposits
657,998	445,474	557,159	182,915	317,510	271,124	273,623	267,773	109,962	68,748	0	0	0
Repayments on long-term FHLB advances
101,653	101,649	21,660	51,708	51,301	51,342	0	0	0	-	-	0	0
Proceeds from short-term FHLB advances
0	-	-	-	0	-	-	-	-	-	-	-	-
Repayments on short-term FHLB advances
0	-	-	-	0	-	-	-	-	-	-	-	-
Issuance of subordinated debentures, net
0	-	-	-	0	-	-	-	-	-	-	-	-
Net increase in other borrowed funds
-	-	-	-	-	-	-	-	0	-	-	-	-
Net decrease in securities sold under agreements to repurchase
-18,798	-23,597	-11,477	-561	7,148	4,135	12,009	6,048	-153	2,733	0	0	0
Dividends paid
7,259	5,863	4,466	3,071	4,960	5,941	6,923	7,905	6,997	6,996	0	0	0
Taxes paid related to net share settlement of equity awards
-	-	-	-	-	25	249	293	308	348	0	0	0
Cash received from exercise of stock options
249	166	627	725	724	559	0	0	0	-	-	-	-
Common stock repurchased
0	-	-	-	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
1,088,602	404,472	611,344	649,908	567,200	616,592	544,215	310,904	101,322	62,966	0	0	0
Net increase (decrease) in cash and cash equivalents
448,939	174,840	168,325	29,986	-136,017	-70,509	1,690	10,913	-54,334	-72,696	0	0	0
Interest paid
53,086	53,227	51,318	45,686	39,617	34,390	0	0	0	-	-	-	-
Income taxes paid
10,023	10,023	931	939	674	675	352	837	5,257	5,268	0	0	0
Significant non-cash transactions:
Unsettled liability for investment purchases recorded at trade date
0	-	-	-	0	-	-	-	-	-	-	-	-
Real estate acquired in settlement of loans
2,165	1,577	1,787	395	652	1,057	605	661	1,035	749	0	0	0