OLD LINE BANCSHARES INC OLBK Cash Flow

Old line bancshares inc (OLBK)

CashFlow / TTM

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
36,762	35,842	29,656	27,217	22,913	16,811	18,055	15,963	14,436	15,816	14,979	13,155	10,827	10,399	9,868	10,464	10,244	8,870	8,023	7,092	9,676	10,139	8,288	7,747	5,090	4,894	7,002	7,465	7,701	7,363	6,467	5,231	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization
3,192	3,201	3,215	3,147	2,894	2,788	2,612	2,476	2,524	2,482	2,516	2,582	2,585	2,516	2,414	2,332	2,325	2,310	2,244	2,264	2,243	2,066	2,043	1,850	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Provision for loan losses
1,556	1,408	1,867	1,848	1,335	1,162	909	955	1,055	1,225	1,246	1,584	1,784	1,742	1,527	1,310	1,369	1,660	3,119	2,827	2,883	2,918	1,573	1,504	1,390	1,175	1,350	1,525	1,925	2,350	2,025	1,800	0	0	0
Change in deferred loan fees net of costs
260	573	466	456	997	684	854	409	480	356	139	329	49	30	117	1	238	263	266	253	63	-20	-58	-73	7	215	258	342	285	173	259	265	0	0	0
Gain on sales or calls of securities
-	-	-	-	-	-	-	35	2,489	2,163	1,320	1,227	-1,095	-770	48	65	0	0	0	-	-	-	-	641	948	1,237	1,511	1,156	876	659	379	140	0	0	0
Amortization of premiums and discounts
633	629	669	722	874	880	908	968	1,082	1,147	1,136	1,082	946	903	896	910	902	880	896	933	1,002	1,114	1,216	1,259	0	0	0	-	-	-	-	-	-	-	-
Origination of loans held for sale
-	0	113,443	-	-	91,644	94,302	95,358	242,838	191,614	137,651	100,887	111,468	118,606	91,244	103,508	-28,280	-1,883	49,851	54,257	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid to suppliers and employees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	31,129	34,975	34,749	30,225	27,925	23,282	20,775	21,033	20,412	21,855	20,213	17,822	0	0	0
Originations of loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of loans held for sale
134,137	122,927	107,745	98,297	93,915	84,934	93,872	99,373	105,972	113,146	105,480	100,581	93,235	88,660	100,282	99,944	97,294	84,942	63,645	51,723	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income on marketable loans
-	-	1,900	-	-	-	2,107	2,319	5,904	4,639	3,325	2,317	1,817	2,103	1,996	2,019	-245	25	523	771	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sales of other real estate owned
-	-	-	-52	-80	-58	-16	13	11	43	91	77	0	0	0	-	-	-	-	697	899	628	548	144	-212	-249	-57	110	0	0	0	-	-	-	0
Write down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	334	0	0	0	-	-	-	-	-	-	-	-
Gain on the sale of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain)/loss on sales of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of fixed assets
-	-	-	13	-33	-24	-24	73	174	162	139	27	6	11	34	14	0	0	0	-	-	-	-	-104	0	0	0	-	-	-	-	-	-	-	-
Amortization of intangible assets
2,624	2,633	2,524	2,179	1,834	1,442	1,083	968	853	782	802	830	823	815	808	792	810	829	848	866	884	903	889	838	785	731	634	727	606	650	718	584	0	0	0
Amortization of intangible
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Deferred income taxes
3,724	3,662	3,914	3,716	1,387	1,488	1,153	1,139	7,673	6,931	6,931	7,509	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	367	1,255	966	740	0	0	0	-	-	-	-	-	-	-	-
Stock based compensation awards
1,319	1,282	1,195	1,192	1,116	1,001	868	694	567	562	563	562	562	498	440	418	367	320	301	336	316	294	273	230	224	224	229	176	161	143	119	132	0	0	0
Increase (decrease) in
Accrued interest payable
809	1,212	1,354	1,372	775	439	276	155	108	892	333	852	332	103	141	128	115	92	42	1	-8	-29	-284	-293	-337	-345	-90	-85	0	0	0	-	0	0	0
Income tax payable
-	-	-	-2,157	-864	-1,357	2,121	2,138	-5,812	-4,061	-2,660	-3,596	6,297	5,418	4,721	3,130	-3,026	-2,376	-2,988	-2,071	3,035	2,376	2,204	2,321	-252	-328	784	-240	0	0	0	-	-	-	0
Supplemental executive retirement plan
-8	123	114	104	300	303	291	279	276	273	277	277	271	257	243	241	206	218	166	173	224	235	305	305	0	0	0	-	-	-	-	-	-	-	-
Accrued pension
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Other liabilities
-2,497	-3,889	24,327	-1,484	-1,184	-1,517	-3,013	-2,305	-1,730	357	-513	593	-2,316	-1,997	-762	-1,531	410	1,205	676	467	1,137	-1,573	-2,318	-2,034	-1,811	-797	382	279	-112	-46	-881	-886	0	0	0
Decrease (increase) in
Accrued interest receivable
-112	1,416	1,582	768	1,411	1,271	680	612	675	440	388	463	208	355	137	342	221	116	133	-214	-253	-644	-267	-92	-236	144	-51	190	257	313	194	66	0	0	0
Bank owned life insurance
1,676	1,687	1,664	1,488	1,310	1,131	972	969	953	944	947	951	939	1,769	1,317	866	857	2	428	852	857	864	823	721	612	503	447	452	459	267	260	209	0	0	0
Annuity plan
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax receivable
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Other assets
215	-2,459	25,823	-312	744	509	424	-1,241	-3,256	-1,525	-2,172	-624	-4	278	2,817	13	-5,281	-6,018	-8,635	-4,512	1,211	1,196	-1,768	-4,046	-3,789	-4,083	-1,151	-26	-2,685	-1,419	-3,405	-3,464	0	0	0
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	2,889	2,658	2,160	1,624	227	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,722	10,206	11,124	15,101	13,679	15,600	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by operating activities
30,311	40,804	27,825	23,922	20,080	12,455	19,724	24,161	24,251	22,266	22,773	20,356	14,497	18,569	24,785	14,002	0	0	0	-	11,124	15,101	13,679	15,600	14,646	10,246	13,904	11,837	11,953	11,423	12,295	11,585	0	0	0
Cash flows from investing activities
Net change in time deposits in other banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	297	0	0	0
Held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchase of investment securities available for sale
109,884	115,228	110,489	26,342	31,554	37,332	46,207	50,360	56,287	85,449	148,757	153,226	0	0	0	-	-	-	-	28,384	27,229	14,605	20,826	27,016	35,139	63,288	74,891	89,682	99,147	93,141	83,147	75,476	0	0	0
Loans made, net of principal collected
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of investment securities
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Held to maturity at maturity or call
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Available for sale at maturity, call or paydowns
69,214	42,356	17,905	20,740	20,368	15,997	21,399	23,489	28,739	39,048	30,609	32,295	6,839	-2,002	5,606	0	19,454	-7,983	17,021	16,528	20,173	46,855	29,526	34,988	37,921	43,577	45,310	49,090	59,705	59,614	42,965	32,115	0	0	0
Available for sale sold
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Available for sale sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,349	65,180	73,745	37,104	30,961	18,409	10,418	10,245	10,133	0	0	0
Loans made, net of principal collected
87,481	49,112	113,490	165,816	170,526	159,150	122,017	117,568	157,152	204,175	240,127	214,308	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-2,109	-1,495	-1,520	-1,925	-1,178	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of premises and equipment
2,205	1,809	1,671	1,470	752	1,165	1,477	2,735	4,303	3,982	4,463	3,151	2,995	3,487	2,728	2,399	1,904	1,508	1,360	1,251	852	1,119	1,327	1,554	3,192	3,021	2,860	3,370	2,350	2,793	3,733	2,994	0	0	0
Loans made, net of principal collected
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-97,189	-56,439	-60,749	-57,879	-58,293	-74,352	-56,671	-50,566	0	0	0
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	2,068	459	793	1,413	731	3,692	4,125	3,978	5,280	3,419	4,398	4,610	3,075	2,893	1,465	980	0	0	0	-	-	-	0
Change in equity securities
-	0	3,741	-	-	2,542	-1,552	674	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in improvements other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15	0	0	0	-	-	-	-
Change in equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,191	1,970	1,974	-168	-767	-238	-209	231	-313	-314	0	0	0
Redemption / improvements of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of premises and equipment
-	-	-	-	-	-	-	-73	-147	-139	-139	-27	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-131,379	-	-143,467	-111,816	-96,801	-64,942	-31,146	-70,048	18,543	16,250	0	0	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-127,533	-123,349	-144,787	-105,831	-125,662	-43,147	-61,477	-63,208	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Cash flows from financing activities
Time deposits
92,381	201,085	316,834	335,228	231,440	214,619	82,860	69,431	87,345	26,716	41,676	17,131	74,363	73,966	62,445	94,563	26,493	21,580	2,660	-17,535	68,931	41,594	44,777	55,663	-24,187	-16,318	-5,286	-24,883	-2,442	24,263	-19,718	-5,627	0	0	0
Other deposits
78,722	-24,282	-308,472	-233,451	-185,202	-205,607	56,097	-20,276	-11,871	89,821	93,652	72,868	32,428	535	15,677	21,602	44,396	53,416	40,638	58,915	-34,668	-27,716	-1,322	-32,956	62,286	76,066	67,140	69,573	69,528	47,036	70,221	58,362	0	0	0
Short term borrowing advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Short term borrowings
-	-	79,563	-	-	-	-34,671	4,424	5,649	50,029	72,824	75,876	56,080	77,029	47,334	46,554	50,136	40,953	33,042	11,472	-20,645	6,951	-53,566	-48,625	0	0	0	-	-	-	-	-	-	-	-
Long term borrowings
264	264	264	264	264	264	264	264	263	28,415	28,346	28,249	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	100	99	94	99	97	96	94	92	10,090	10,089	10,087	10,087	0	0	0
Proceeds from stock options exercised
298	298	561	1,033	1,070	1,070	1,037	665	953	1,216	986	837	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of stock through stock repurchase program
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Private placement-common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	6,332	0	0	0
Cash dividends paid-common stock
7,829	7,488	7,146	6,103	5,403	4,702	3,881	3,751	3,405	3,059	2,831	2,603	2,595	2,473	2,353	2,245	2,138	2,148	2,050	1,941	1,833	1,686	1,648	1,490	1,333	1,213	1,093	1,092	1,092	1,023	954	821	0	0	0
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	103,410	-	114,117	110,047	73,439	51,082	11,859	31,432	-15,829	-31,483	0	0	0	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-3,182	-	-12,212	11,637	-15,639	-3,653	-8,162	-23,514	16,393	367	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
93,917	75,092	81,146	91,235	121,424	70,686	101,707	50,758	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Net increase in cash and cash equivalents
-3,304	-7,452	-35,816	9,326	15,842	39,994	59,955	11,710	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Supplemental Disclosure of Cash Flow Information:
Interest
29,781	27,447	23,931	19,955	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	47,879	49,906	48,360	45,688	42,765	39,347	38,878	38,804	38,278	38,231	37,275	32,808	0	0	0
Fees and commissions received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3,515	4,184	3,759	3,473	3,145	2,325	2,098	2,098	2,063	2,636	2,410	2,144	0	0	0
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	0	7,103	-	3,289	2,749	2,890	2,898	4,034	4,176	4,529	4,495	4,648	4,837	4,778	5,143	5,318	5,427	5,552	5,317	0	0	0
Income taxes
-	-	-	-	-	-	-	4,874	6,338	4,568	2,725	2,725	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
30,311	40,804	27,825	23,922	20,080	12,455	19,724	24,161	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Loans transferred to other real estate owned
-	-	-	-	-	-	-	422	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Initial recognition of right of use asset
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial recognition of right of use liability
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	1,421	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-