Op bancorp (OPBK)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash flows from operating activities
Net income

3,299

4,181

4,000

3,836

4,740

3,764

3,482

3,791

3,216

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

2,463

2,145

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

743

-

-

-

-

220

438

34

575

321

278

170

541

Depreciation and amortization of premises and equipment

329

311

297

270

268

281

273

249

240

241

247

255

263

Amortization of net premiums on securities

58

65

61

69

53

56

59

63

61

60

68

70

83

Stock-based compensation

358

370

189

339

377

363

166

194

246

236

28

223

179

Gain on sales of loans

1,155

1,526

1,714

1,588

1,077

1,028

1,135

1,728

989

1,402

1,191

1,152

1,192

Earnings on company owned life insurance (COLI)

65

67

69

68

1,308

73

78

77

76

-

-

-

-

Earnings on company owned life insurance

-

-

-

-

-

-

-

-

-

-

82

80

79

Origination of loans held for sale

20,566

26,574

22,125

23,035

18,044

23,195

18,229

16,003

16,819

22,316

25,088

19,529

16,488

Proceeds from sales of loans held for sale

19,012

25,798

24,164

23,086

19,165

26,087

24,241

26,930

14,598

20,355

16,484

17,582

17,922

Amortization of servicing assets

467

503

590

588

403

746

486

385

424

703

458

393

379

Net change in fair value of equity investment with readily determinable fair value

77

3

39

52

46

-

-

-

-

-

-

-

-

Net change in:
Accrued interest receivable

-110

25

-160

-67

300

286

185

94

40

281

150

-11

41

Deferred tax assets

-98

1,487

-499

-807

-7

-1,111

1,729

-1,475

620

-

-

-

-

Other assets

-1,041

-60

-320

111

80

-3,097

-1,058

1,165

2,295

-157

3,560

801

-1,306

Accrued interest payable

-94

145

254

109

463

520

322

316

134

45

11

-10

54

Other liabilities

-1,192

92

1,045

615

-1,967

-4,459

3,165

-1,944

-44

1,090

4,325

390

-2,878

Net cash from operating activities

2,366

2,254

7,922

5,333

2,654

7,234

12,334

12,426

-1,389

-

-

-

-

Cash flows from investing activities
Net cash from operating activities

-

-

-

-

-

-

-

-

-

-

-

-

2,197

Net change in loans receivable

6,445

23,952

19,356

33,291

39,168

25,176

24,589

32,315

45,726

12,056

33,570

20,469

7,781

Proceeds from matured, called, or paid-down securities available for sale

5,605

5,543

4,582

2,754

1,670

1,717

1,652

1,673

1,520

1,642

1,582

1,345

1,598

Proceeds from COLI

-

0

0

0

-2,288

-

-

-

-

-

-

-

-

Purchase of premises and equipment, net

245

170

323

528

718

156

213

359

467

279

34

87

19

Investment in low income housing partnership

759

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of other investments

-

-

-

-

-

69

-5

408

13

-

-

-

-

Net cash from investing activities

-1,844

-28,554

-21,086

-31,841

-35,928

-33,780

-26,432

-41,384

-44,686

-

-

-

-

Cash flows from financing activities
Net cash from investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-6,201

Net change in deposits

31,487

24,718

21,321

45,270

24,226

8,285

73,518

5,093

44,974

18,773

21,592

21,892

49,263

Cash received from stock option exercises

305

199

72

0

292

200

119

281

114

97

0

139

190

Repayment of Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

15,000

-

-

-

10,000

Issuance of common stock, net of expenses

-

-

-

-

-

0

-4

-64

22,637

-

-

-

-

Repurchase of common stock

6,264

903

1,442

665

2,381

-

-

-

-

-

-

-

-

Cash dividend paid on common stock

1,087

785

791

782

793

-

-

-

-

-

-

-

-

Net cash from financing activities

24,441

23,229

19,160

43,823

21,344

8,485

48,633

20,310

52,725

-

-

-

-

Net change in cash and cash equivalents

24,963

-

-

-

-11,930

-

-

-

-

-

-

-

-

Net cash from financing activities

-

-

-

-

-

-

-

-

-

-

-

-

39,453

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-8,648

6,650

-

-13,572

11,958

35,449

Supplemental cash flow information
Income taxes

1,335

740

425

2,575

465

-

-

-

-

1,887

1,553

2,182

2,120

Interest

3,323

3,479

3,639

3,592

2,825

2,375

2,198

1,759

1,487

-

-

-

-

Supplemental noncash disclosure:
Transfer from loan receivable to OREO

-

-

-

-

1,146

-

-

-

-

-

-

-

-

New commitments to low income housing partnership investments

3,477

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

923