OLD LINE BANCSHARES INC OLBK Cash Flow

Old line bancshares inc (OLBK)

CashFlow / Quarterly

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
Cash flows from operating activities
Net income
9,184	8,912	8,504	10,161	8,264	2,725	6,065	5,857	2,163	3,969	3,973	4,330	3,542	3,132	2,149	2,002	3,114	2,601	2,745	1,782	1,740	1,755	1,814	4,366	2,203	-95	1,273	1,709	2,007	2,012	1,736	1,945	1,669	1,116	499
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization
791	795	792	813	800	808	725	560	694	632	588	608	652	665	654	612	584	563	572	606	568	498	591	585	391	475	398	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	337	-	294	278	198
Provision for loan losses
456	72	414	613	307	532	394	100	135	278	440	200	305	300	778	400	263	85	561	458	555	1,544	269	514	590	200	200	400	375	375	375	800	800	50	150
Change in deferred loan fees net of costs
128	96	370	-334	441	-10	360	206	127	159	-84	277	4	-58	106	-2	-14	28	-9	234	10	31	-23	45	-73	-7	-38	126	134	36	45	69	22	122	51
Gain on sales or calls of securities
-	-	-	-	-	-	-	0	0	19	15	2,454	-326	-823	-76	130	-0	-3	-60	-	-	-	-	0	0	9	631	307	289	282	277	27	72	2	38
Amortization of premiums and discounts
218	176	152	86	214	216	205	238	219	244	265	352	284	233	211	216	241	227	225	208	219	243	262	277	330	345	304	-	-	-	-	-	-	-	-
Origination of loans held for sale
-	41,671	27,285	-	-	28,730	19,299	24,265	19,347	31,388	20,356	171,744	-31,875	-22,574	-16,407	182,325	-24,736	-49,936	-4,144	50,536	1,660	1,798	261	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid to suppliers and employees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,016	-	5,700	7,554	9,973	7,900	9,547	7,328	5,450	5,600	4,903	4,821	5,707	4,979	6,346	3,179	3,315
Originations of loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,177	-	15,142	12,734	8,373	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of loans held for sale
43,425	34,522	29,217	26,972	32,214	19,340	19,769	22,590	23,233	28,278	25,270	29,189	30,408	20,611	20,371	21,843	25,834	32,233	20,033	19,193	13,482	10,936	8,111	-	-	-	-	-	-	-	-	-	-	-	-
Income on marketable loans
-	-	496	-	-	-	418	479	482	726	630	4,064	-782	-587	-377	3,563	-495	-693	-354	1,299	-224	-195	-106	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sales of other real estate owned
-	-	-	27	-26	-41	-12	0	-4	0	17	-2	27	48	4	-	-	-	-	155	260	79	203	357	-11	-0	-200	0	-48	191	-31	-	-	-	2
Write down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	17	0	66	-	-	-	-	-	-	-	-
Gain on the sale of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	96	-	-	-	-	-	-	-	-	-	-	-	-
(Gain)/loss on sales of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	87	0	57	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of fixed assets
-	-	-	0	-1	0	14	-46	7	0	112	54	-4	-22	0	34	0	0	-19	-	-	-	-	0	0	-19	-85	-	-	-	-	-	-	-	-
Amortization of intangible assets
654	649	657	662	663	540	312	317	272	181	197	201	202	200	226	194	193	193	210	212	212	212	228	231	231	198	177	177	177	101	270	56	221	169	136
Amortization of intangible
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194	-	-	-	-
Deferred income taxes
47	54	184	3,438	-14	306	-14	1,109	86	-28	-28	7,643	-655	-28	549	-	-	-	-	-	-	-	-	-	-	-	-	-	-22	-22	-22	-	-14	141	117
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26	3,093	-	-26	-12	198	207	861	-300	-27	-	-	-	-	-	-	-	-
Stock based compensation awards
340	368	291	319	302	280	288	244	187	146	115	118	182	147	114	118	118	90	91	67	71	71	126	46	50	50	83	40	49	55	30	26	31	31	43
Increase (decrease) in
Accrued interest payable
-587	579	-383	1,201	-183	721	-366	604	-519	558	-487	557	263	-0	31	36	34	38	18	24	11	-12	-22	14	-9	-266	-31	-29	-17	-11	-26	-	1	-33	-70
Income tax payable
-	-	-	0	0	-4,182	2,025	1,293	-492	-703	2,042	-6,658	1,258	697	1,105	3,236	379	0	-485	-2,920	1,029	-612	432	2,185	371	-784	549	-388	295	328	-475	-	-	-	56
Supplemental executive retirement plan
-65	91	91	-125	66	81	81	69	69	69	69	66	67	74	69	60	53	59	67	25	65	7	74	76	76	77	74	-	-	-	-	-	-	-	-
Accrued pension
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	-	-	-	-
Other liabilities
827	-27,048	24,770	-1,047	-564	1,168	-1,041	-747	-897	-327	-333	-172	1,190	-1,198	773	-3,082	1,509	36	4	-1,140	2,305	-492	-203	-471	-405	-1,237	80	-248	608	-57	-22	-640	674	-892	-27
Decrease (increase) in
Accrued interest receivable
-1,171	524	648	-114	357	690	-166	529	216	100	-233	592	-18	48	-159	336	128	-168	45	215	23	-152	-301	176	-366	225	-127	32	14	29	114	98	71	-89	-13
Bank owned life insurance
417	416	413	429	427	394	237	251	249	234	233	236	239	237	237	224	1,069	-213	-213	215	214	212	210	219	221	171	108	111	112	114	113	118	-78	107	62
Annuity plan
-66	23	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax receivable
-833	-1,199	-2,857	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114	-1,312	-	-	-	-	-	-	-	-	-	-	-	27	-	-609	-459	-189
Other assets
1,996	-28,129	26,748	-399	-678	152	612	657	-913	67	-1,052	-1,357	816	-579	495	-737	1,099	1,959	-2,308	-6,032	363	-657	1,815	-309	347	-3,622	-462	-52	53	-690	662	-2,711	1,319	-2,675	603
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-367	1,313	59	-	-	-	-	231	639	648	1,369	0	142	112	-27
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,080	3,258	3,996	1,548	1,403	4,176	7,973	126	3,324	-	-	-	-	-	-	-	-
Net cash provided by operating activities
2,771	6,218	11,585	9,735	13,264	-6,760	7,683	5,893	5,639	508	12,119	5,983	3,654	1,016	9,702	124	7,725	7,232	-1,080	-	3,996	1,548	1,403	4,176	7,973	126	3,324	3,221	3,573	3,784	1,257	3,337	3,044	4,655	548
Cash flows from investing activities
Net change in time deposits in other banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	99	198
Held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchase of investment securities available for sale
7,000	10,003	87,021	5,859	12,343	5,264	2,875	11,070	18,121	14,139	7,027	16,998	47,284	77,447	11,496	-	-	-	-	1,154	13,512	12,214	1,502	-0	889	18,435	7,691	8,123	29,037	30,038	22,483	17,588	23,031	20,043	14,812
Loans made, net of principal collected
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,330	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of investment securities
-	-	3,413	-	-	-	6,248	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38
Held to maturity at maturity or call
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,427
Available for sale at maturity, call or paydowns
35,540	25,396	3,413	4,863	8,682	945	6,248	4,491	4,311	6,347	8,339	9,741	14,620	-2,091	10,025	-15,715	5,778	5,516	4,419	3,739	-21,659	30,522	3,925	7,384	5,023	13,192	9,387	10,317	10,679	14,925	13,167	20,933	10,587	-1,723	2,318
Available for sale sold
-	-	-	-	-	-	-	-	-	-	-	-	-20,465	-81,061	-6,415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Available for sale sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	558	-574	46,426	13,939	5,388	7,990	9,786	7,796	-7,163	0	9,612	7,684
Loans made, net of principal collected
53,031	2,385	7,505	24,560	14,661	66,763	59,831	29,270	3,285	29,631	55,381	68,855	50,307	65,582	29,562	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-614	-862	-440	-191	0	-887	-845	555	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of premises and equipment
537	560	729	377	141	422	529	-340	555	734	1,786	1,227	234	1,214	475	1,071	726	456	145	576	330	308	37	176	597	516	263	1,814	426	356	773	794	869	1,296	33
Loans made, net of principal collected
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,328	-	-40,992	-16,324	-16,943	-22,929	-242	-20,634	-14,073	-23,342	-16,301	-2,953	-7,969
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	902	41	39	1,084	-706	375	659	403	2,254	808	512	1,705	392	1,787	725	170	210	358	240	-	-	-	2
Change in equity securities
-	-2,339	2,712	-	-	4,732	-1,194	1,700	-2,694	637	1,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-768	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in improvements other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-15	-	-	-	-
Change in equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,273	-138	2,105	498	-494	-135	-36	-101	35	-105	403	-646	33
Redemption / improvements of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,458	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-96	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of premises and equipment
-	-	-	-	-	-	-	46	-7	0	-112	-27	0	0	0	-	-	-	-19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-61,136	-66,827	-25,822	-	-32,491	-39,128	-29,918	-41,929	-840	-24,113	1,940	-8,133	-39,742	64,478	-352	-	-	-	-	-	-	-	-
Net cash used in investing activities
-24,391	14,818	-94,555	-23,406	-20,206	-6,619	-55,599	-43,236	62,308	-24,949	-57,331	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,177	-	-29,922	25,368	-11,180
Cash flows from financing activities
Time deposits
-24,014	23,175	3,108	90,111	84,689	138,924	21,502	-13,676	67,869	7,165	8,074	4,236	7,240	22,125	-16,470	61,469	6,842	10,604	15,647	-6,600	1,929	-8,315	-4,549	79,866	-25,406	-5,132	6,336	15	-17,538	5,899	-13,260	22,456	9,167	-38,082	830
Other deposits
52,879	25,870	36,277	-36,304	-50,126	-258,319	111,298	11,945	-70,531	3,385	34,924	20,350	31,161	7,215	14,140	-20,089	-730	22,357	20,064	2,704	8,288	9,580	38,342	-90,879	15,240	35,974	6,707	4,363	29,020	27,048	9,140	4,318	6,529	50,233	-2,718
Short term borrowing advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,833	-	7,759	-1,132	914
Short term borrowings
-	-	53,956	-	-	-	-31,134	40,432	-56,355	12,385	7,961	41,658	-11,976	35,180	11,013	21,861	8,973	5,486	10,233	25,444	-210	-2,424	-11,336	-6,673	27,385	-62,942	-6,395	-	-	-	-	-	-	-	-
Long term borrowings
66	66	65	66	66	66	65	66	66	66	65	65	28,217	-2	-31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	28	-	25	28	21	25	24	23	25	24	22	22	23	10,022	21	20	22
Proceeds from stock options exercised
0	0	48	249	0	262	520	286	0	230	148	574	262	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of stock through stock repurchase program
0	-1,305	-251	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Private placement-common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,015	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-7	6,340
Cash dividends paid-common stock
2,040	2,040	2,047	1,700	1,699	1,698	1,005	1,001	997	876	875	654	651	648	648	646	529	528	540	539	539	431	431	431	392	392	274	273	273	273	273	272	204	204	140
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	53,996	63,869	8,003	-	13,523	34,987	44,361	21,245	9,452	-1,619	22,003	-17,977	29,025	-48,880	6,349	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-3,485	-1,941	-8,115	-	-11,242	3,092	13,362	-17,425	12,608	-24,184	25,348	-21,934	-2,743	15,724	9,321	-	-	-	-	-	-	-	-
Net cash provided by financing activities
9,614	-14,719	91,158	7,864	-9,210	-8,666	101,247	38,053	-59,949	22,355	50,298	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,583	-	23,209	9,784	5,204
Net increase in cash and cash equivalents
-12,004	6,317	8,188	-5,805	-16,152	-22,046	53,331	709	7,999	-2,085	5,086	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,503	-	-3,669	39,808	-5,428
Supplemental Disclosure of Cash Flow Information:
Interest
8,385	7,655	7,983	5,758	6,051	4,138	4,007	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	2,961	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,769	-	11,302	11,982	11,959	12,635	13,329	10,435	9,287	9,712	9,911	9,966	9,213	9,186	9,865	9,010	4,746
Fees and commissions received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,338	-	637	1,249	774	852	1,306	825	488	525	486	598	488	489	1,059	373	221
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-651	3,394	-	1,490	876	1,027	-105	950	1,017	1,035	1,030	1,092	1,370	1,001	1,183	1,281	1,311	1,366	1,358	1,391	1,436	1,131
Income taxes
-	-	-	-	-	-	-	-143	2,290	2,728	0	1,320	520	885	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
2,771	6,218	11,585	9,735	13,264	-6,760	7,683	5,893	5,639	508	12,119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,573	3,784	1,257	-	3,044	4,655	548
Loans transferred to other real estate owned
-	-	-	-	-	-	-	0	0	0	422	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	383	-191	-	-974	685	-825
Initial recognition of right of use asset
0	0	26,395	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of right of use liability
0	0	26,692	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	104	0	261	-	-	-	-	0	66	763	591	-	-	-	-	-	-	-	-	-	-	-	-