Oconee federal financial corp. (OFED)
CashFlow / Quarterly
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'11
Cash Flows From Operating Activities
Net income

947

1,090

934

979

953

919

869

928

1,309

-59

857

1,549

1,385

1,318

1,273

1,465

1,390

949

1,442

1,245

1,133

1,090

1,044

854

853

1,013

919

1,067

851

1,105

1,017

1,195

942

899

977

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

-

-

-

-16

86

76

72

33

19

10

46

10

104

24

65

18

11

277

145

-

-

-

-

26

41

-40

81

3

181

-65

141

46

82

114

28

Provision for real estate owned

0

89

28

37

0

0

18

0

0

0

26

23

0

0

103

83

0

15

95

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

149

129

71

Depreciation and amortization, net

319

313

300

269

281

300

298

322

326

324

345

325

350

390

355

192

520

232

325

293

328

233

221

226

202

227

252

296

289

293

276

238

35

215

91

Net accretion of purchase accounting adjustments

11

31

8

88

61

42

56

30

-118

-141

39

440

154

-136

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net accretion of purchase accounting adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76

-134

-109

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred loan costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-30

50

-17

-17

7

-17

-6

63

396

-64

-70

338

-270

83

-13

Deferred income tax expense/(income)

241

113

49

64

34

-50

-30

194

-18

980

-19

-324

170

-68

112

215

542

83

765

1,905

9

-13

22

-

-

-

-

-

-

-

-

-

-

-

-

Net loss on sale of real estate owned

-

-

-

2

-21

0

12

34

0

58

4

-9

9

7

79

54

-9

10

-69

-69

27

44

-8

0

3

0

-14

0

-1

9

57

-

-

-

-

Net gain on sale of premises and equipment

-

-

-

0

0

0

29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in loan servicing asset

191

34

53

82

67

33

43

6

-75

65

52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain/(loss) on sales of securities

113

0

12

10

-51

0

1

-17

0

0

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in loan servicing asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-23

-122

-142

-22

-64

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

12

Net gain on sales of securities

-

-

-

-

-

-

-

-

-

-

-

0

3

57

68

24

95

0

9

0

120

24

5

-

-

-

-

-

-

-

-

96

22

0

67

Mortgage loans originated for sale

3,389

3,185

3,029

1,338

1,337

1,100

1,723

1,109

1,515

749

1,082

345

226

229

1,314

703

1,047

783

1,749

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans sold

2,327

3,235

3,061

1,374

1,528

1,038

1,680

1,323

1,621

483

1,337

341

-12

563

1,144

952

662

783

1,907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of mortgage loans

21

50

32

36

37

23

26

36

14

4

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of equity securities, net

-130

-48

80

-7

133

-28

-15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-12

2

33

-7

0

0

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of bank owned life insurance

-

-

-

-

-

-

-

-

128

119

120

123

137

127

126

130

144

128

112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from other-than-temporary impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

3

4

Income on bank owned life insurance

122

113

113

113

126

115

114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72

67

104

49

78

76

-

-

-

-

-

-

-

-

Gain on payoff of purchase credit impaired loans

-

-

-

-

-

-

-

-

-

-

-

51

482

153

43

310

0

90

719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ESOP compensation expense

116

91

94

98

92

116

115

129

76

155

148

116

107

181

92

91

77

250

90

91

90

217

77

77

76

162

67

66

63

87

48

48

48

91

30

Stock based compensation expense

20

20

19

20

34

36

36

35

86

7

6

31

74

75

76

75

62

75

76

75

71

66

66

64

65

62

57

56

56

57

58

-

-

-

-

Net change in operating assets and liabilities:
Accrued interest receivable and other assets

-20

-116

-153

141

-82

46

-36

97

-73

-5

-192

447

-96

-66

-394

-107

57

-36

96

675

-8

-86

128

-99

123

-171

77

-105

119

-148

83

-47

2

71

114

Accrued interest payable and other liabilities

-527

123

403

-205

20

825

-223

192

-648

713

-102

-126

-781

1,155

-2

-557

-86

573

214

-

-

308

-309

0

0

-1

-1

-3

-7

-14

5

-21

4

-6

-9

Net cash provided by operating activities

-28

1,861

1,819

1,063

1,513

1,974

968

1,632

1,230

1,894

1,623

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows From Investing Activities
Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-342

-1,683

622

269

-35

-814

387

303

148

-443

689

402

-21

-1,061

658

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,955

1,625

1,852

2,175

2,498

2,933

1,098

132

1,568

1,224

1,037

574

1,629

1,781

1,055

1,209

2,164

1,817

1,466

197

1,670

Purchases of premises and equipment

118

875

805

666

65

123

957

158

128

280

103

43

81

5

66

-54

201

-15

72

95

11

245

84

18

101

14

19

1

0

38

31

37

-40

118

38

Disposal of premises and equipment

-

-

-

0

0

0

29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,992

1,494

249

498

747

498

-

-

-

-

Purchases of securities available-for-sale

13,983

2,063

5,581

8,017

3,011

0

1,173

0

1,929

5,735

10,624

7,831

1,742

8,435

11,344

11,975

16,543

17,727

5,738

15,265

9,101

10,509

3,399

9,371

10,253

12,976

5,324

14,616

11,636

11,326

8,347

14,583

12,988

10,777

15,233

Proceeds from maturities, paydowns and calls of securities available-for-sale

4,503

6,649

5,556

2,508

2,362

3,354

2,830

3,479

2,844

3,357

4,186

5,529

1,881

4,404

6,665

9,375

7,952

5,120

4,022

6,373

6,511

4,820

3,323

3,579

3,864

4,320

2,218

2,212

3,362

3,291

2,746

2,831

416

3,292

130

Proceeds from maturities, paydowns and calls of securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

797

339

690

772

830

333

925

666

317

Proceeds from sales of securities available-for-sale

9,494

0

5,268

11,700

11,035

0

1,193

-17

0

0

3,997

-63

5,200

12,495

3,153

691

5,049

0

1,164

149

4,604

4,920

1,501

-

-

-

-

-

-

-

-

3,112

327

0

10,182

Purchases of restricted equity securities

-

-

-

574

-544

804

106

405

234

847

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemptions of restricted equity securities

-

-

-

-

-

-

-

-

-

-

422

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales of restricted equity securities

10

595

213

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of real estate owned

202

0

77

92

248

0

293

192

0

239

42

740

73

63

676

559

350

149

1,299

818

661

890

199

-1

21

0

176

172

99

355

674

293

306

1,285

51

Dispositions of purchased credit impaired loans

-

-

-

-

-

-

-

-

-

-

-

-

443

529

37

-664

603

1,766

882

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations and repayments, net

-7,367

-702

787

-251

3,688

14,868

14,164

8,504

2,523

4,467

5,410

983

4,388

6,723

3,409

92

-5,066

-5,261

-3,274

-11,889

-7,544

753

3,059

4,492

1,297

2,406

782

-5,902

-5,591

-10,567

-5,287

-5,737

-1,826

-7,095

459

Net cash provided/(used) in investing activities

7,262

5,008

3,941

5,785

7,425

-12,290

-12,055

-5,072

-1,439

-7,311

-8,336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used)/provided by financing activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,288

-2,640

2,283

-5,416

-3,169

5,406

9,895

23,202

-1,519

-5,865

-4,147

-807

-4,428

-7,239

-2,277

4,117

661

-2,563

-9,653

198

-5,050

Net change in deposits

-6,039

-5,256

-1,448

15,101

10,056

-471

6,832

3,513

12,777

-6,380

-16,827

-397

-1,511

-2,014

-1,207

2,323

143

11,856

-8,781

-6,685

-6,578

-9,806

-3,067

-1,381

-1,798

-4,590

-3,638

-1,362

2,366

-2,094

144

108

190

1,299

-698

Proceeds from notes payable to FHLB

-

-

-

0

0

51,600

2,500

9,500

5,500

18,000

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of notes payable to FHLB

0

14,000

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

594

492

575

575

570

492

577

577

571

488

575

581

577

480

583

590

569

505

588

589

554

516

583

586

582

484

584

600

627

548

643

857

565

414

222

Purchase of treasury stock

1,110

131

796

159

813

94

521

0

51

169

208

276

432

77

701

-

-

-

-

-

-

-

-

26

176

-7

1,431

-

-

-

-

-

-

-

-

Net cash provided/(used) by financing activities

-2,743

-19,879

-7,819

14,547

-4,827

14,443

8,234

4,436

2,341

5,777

-7,610

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cash and cash equivalents

-

-13,010

-2,059

-

-

4,127

-2,853

996

2,132

360

-14,323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,491

1,062

-736

11,319

-9,369

-7,274

-7,167

-10,322

-3,650

-1,993

-2,556

-5,067

-5,653

-4,260

-1,204

-5,178

-499

-890

-375

885

-920

Change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,824

47

3,399

8,078

-10,040

1,065

3,826

13,012

-3,601

-6,634

-5,666

-5,300

-8,452

-9,718

-2,426

148

2,326

-1,636

-8,562

1,280

-4,300