Oritani Financial Corp. ORIT Cash Flow

Oritani financial corp. (ORIT)

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	Dec'10	Sep'10
Cash flows from operating activities:
Net income
12,300	12,783	12,450	13,429	13,397	13,503	13,425	3,970	11,996	2,891	24,266	11,376	10,611	11,063	12,240	16,377	12,615	15,738	10,957	10,046	10,161	9,963	10,739	9,983	10,374	11,670	9,917	8,746	9,211	8,274	8,415	7,626	7,335	7,256	7,005	7,096	7,150
Adjustments to reconcile net income to net cash provided by operating activities:
ESOP and stock-based compensation expense
761	736	746	949	721	704	713	1,531	734	779	794	2,143	1,428	2,164	2,152	3,946	2,125	2,108	2,085	2,460	2,111	2,110	2,119	2,618	2,145	2,083	2,098	2,789	2,058	1,986	1,949	1,949	1,296	463	464	413	365
Amount of cash inflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments resulting from a tax deficiency associated with the compensation cost recognized for financial reporting purposes.
1	1	256	3	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of premises and equipment
174	-	-	-	196	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-3	-	-3	-936	-350	-4,004	927	526	433	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of premises and equipment
-	-	-	-	-	-	195	192	196	-	210	222	232	237	226	223	224	223	229	238	245	240	237	240	240	242	241	244	248	246	237	231	216	209	212	214	221
Net amortization and accretion of premiums and discounts on securities
-301	-271	-243	-305	-324	-297	-289	-287	-297	-327	-370	-356	-269	-266	-285	-292	-302	-279	-286	-330	-337	-296	-274	-280	-380	-463	-556	-566	-610	-629	-693	-587	-483	-394	-381	-31	-44
Reversal of provision for loan losses
0	0	0	0	-2,000	0	0	0	0	-	-	0	0	0	0	0	0	0	0	0	200	0	200	200	300	250	600	1,500	1,500	1,500	1,500	2,000	3,500	2,500	2,300	2,500	2,000
Amortization and accretion of deferred loan fees, net
636	705	529	757	551	827	619	585	661	505	628	579	550	712	823	993	843	1,055	1,058	991	664	689	746	689	910	643	902	534	741	443	473	363	320	321	290	218	247
Decrease in deferred taxes
-354	1,080	421	497	-595	1,818	617	-11,954	756	473	1,591	-985	-97	822	-2,893	79	1,763	2,119	1,154	398	36	1,007	2,473	-1,628	1,019	1,883	1,154	19	2,042	1,949	1,612	-128	536	958	-45	-1,631	505
Profit on sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-13	-45	-8	44	36	0	-	-	-	-	-	-	-	-
Change in fair value of equity securities
-14	-21	87	-155	-119	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	770	0	-2	-	-	-	-	0	0	0	0	-	-	-	-	-23	252	0	13
Gain (loss), before tax, on sale of real estate investments and real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	5,997	2,009	25,316	4,222	9,616	2,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) Loss on Investment Securities, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	97	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	1	564	-	-	-	-
(Gain) on sale of real estate owned
29	0	0	855	0	-	-	-	-	0	0	0	0	0	0	238	90	0	1	-10	0	0	0	220	1	580	43	0	8	144	74	-13	5	0	0	0	718
Writedown of real estate owned
-	-	-	-	-	-	-	-	-	0	126	51	38	0	0	0	250	300	230	900	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increases in the value of the cash surrender value of bank owned life insurance policies.
618	606	594	611	623	614	602	630	646	639	634	666	679	674	670	678	696	686	677	680	512	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	509	500	-	460	455	405	-	391	400	404	-	270	278	281
Increase in accrued interest receivable
44	-50	494	-401	631	-177	570	-503	751	-229	602	257	47	37	189	300	151	-73	165	-1,960	920	681	786	-2,073	706	226	409	-1,756	605	873	281	-186	425	-480	224	-557	625
Increase in other assets
6,649	160	-6,776	-6,257	1,438	1,621	3,818	5,760	615	-5,904	-6,736	-6,045	-1,509	4,410	9,170	-5,146	1,274	-1,622	552	3,580	-2,637	6,035	-5,298	-1,542	-2,042	-135	-5,754	3,122	563	7,155	1,083	-830	-5,871	181	-1,330	-1,490	929
Increase in other liabilities
1,333	3,485	-626	-3,684	533	-1,192	6,173	3,579	7,091	-24,189	11,179	-9,398	213	7,397	2,727	1,168	4,716	3,408	6,472	3,301	-4,989	3,909	5,987	-1,543	-1,331	-179	1,931	401	2,634	-1,313	4,478	-3,093	1,055	-1,678	2,594	-1,476	1,357
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,622	2,147	12,916	-	13,883	13,661	8,572	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
7,262	15,049	17,898	15,282	10,643	8,838	15,360	15,693	16,888	-7,074	19,608	11,214	13,471	-	-	-	-	-	-	-	-	-	-	16,652	11,163	-	18,853	11,856	12,358	2,613	14,681	10,168	17,997	11,902	14,379	11,960	8,982
Cash flows from investing activities:
Net decrease (increase) in loans receivable
-70,690	-24,225	15,115	-134,007	-41,469	-41,650	-20,033	-29,010	-5,462	34,999	147,373	134,248	49,939	77,684	79,766	108,659	7,737	40,805	97,437	38,653	74,804	114,577	19,963	85,581	9,065	53,835	44,930	67,864	124,865	85,937	87,347	91,996	62,790	23,786	21,789	81,513	51,219
Purchase of mortgage loans
0	-	-	-	7,896	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of mortgage loans
-	-	-	-	-	-	-	-	-	-	0	39,268	26,657	35,825	25,679	37,341	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,000	0	2,700	0	9,848
Purchase of securities available for sale
-	-	-	-	-	-	-	-	-	-	0	20,222	46,000	0	0	42,213	0	-	-	-	-	24,010	58,672	73,918	24,080	0	0	0	0	0	0	8,837	146,739	8,623	135,709	302,746	292,431
Purchase of debt securities held to maturity
7,469	14,737	9,861	43,508	0	46,979	63,846	23,511	10,623	59,514	1,501	32,034	17,615	22,489	1,142	39,471	19,489	36,439	0	10,751	52,099	1,458	1,658	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of Federal Home Loan Bank stock
3,141	3,816	3,309	1,752	12,563	12,166	11,802	9,154	10,736	17,153	16,828	23,822	11,421	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from payments, calls and maturities of debt securities available for sale
2,234	2,612	2,485	2,736	3,285	3,361	4,254	7,235	7,500	13,459	13,110	14,229	10,775	12,526	11,469	14,800	20,393	20,573	19,320	21,189	23,722	-	-	-	-	-	-	-	-	-	-	-	-	-	71,693	157,132	128,159
Proceeds from payments, calls and maturities of debt securities held to maturity
17,531	17,851	22,828	14,156	15,381	14,187	11,993	10,806	11,261	8,365	12,559	7,908	7,729	6,283	6,533	5,066	4,128	13,660	2,358	2,734	1,539	-	-	-	-	-	-	-	-	-	-	-	-	-	6,078	7,813	10,241
Proceeds from redemption of Federal Home Loan Bank stock
6,059	3,965	5,560	731	15,624	7,636	13,486	9,448	15,427	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from payments, calls and maturities of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20,229	-21,331	-30,744	-	-39,059	-40,557	-58,333	-43,693	-44,411	-116,433	-49,794	-	-	-	-
Proceeds from payments, calls and maturities of securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-541	-870	-1,498	-	-1,237	-1,253	-873	-1,438	-1,877	-1,613	-1,647	-	-	-	-
Proceeds from sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	20,667	-1	17,246	0	0	14,749	3,380	0	0	0	0	-	-	-	-	71,653	109,146	0	250
Proceeds from sales of debt securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,375	0	0	0	8,938	0	0	0	0	-	-	-	-	-	-	-	-
Purchase of Bank Owned Life Insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	6,040	3,500	0	10,600	0	-	-	-	-	-	-	-	-
Proceeds from sale of real estate owned
586	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	949
Proceeds from redemption of Federal Home Loan Bank stock
-	-	-	-	-	-	-	-	-	-	-17,242	-17,825	-16,543	-	-3,049	2,459	-2,596	-	-5,017	-3,242	-1,758	3,930	-844	4,033	-843	-1,516	-633	2,586	4,111	3,206	18	1,530	6,624	101	-4,013	5,711	-36
Writedown of real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-142	0	0	-230	-665	-824	0	-214
Proceeds from sale of real estate owned
-	-	-	-	-	-	0	0	138	-	0	132	0	0	0	2,677	1,290	1,297	1	65	0	0	0	990	201	3,317	638	0	461	2,128	1,322	213	265	-	-	-	-
Proceeds from sales of real estate joint ventures and real estate investments
-	-	-	-	-	-	-	-	-	-	-	-	-	6,024	2,952	25,019	4,619	9,939	1,875	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	2	20	-91	92	165	-1	44	55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19	33	-	-62	-63	42	38	45	-12	-4	-	-	-	-
The net (increase) decrease in real estate joint ventures during the period..
-	-	-	-	-	-	-	-	-	0	98	151	-94	-311	52	-470	81	-57	-283	46	464	1,090	502	-8	142	-658	-180	-242	396	-293	271	81	-64	-	-	-	-
Additional investment in real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31	80
Additional investment in real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	150
Distributions received from real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	120	142
Purchase of fixed assets
11	46	74	7	64	149	107	100	0	82	297	28	12	88	164	348	235	385	77	140	90	223	96	137	116	180	191	119	103	107	281	541	432	436	308	191	120
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-78,853	-146,060	4,102	-	-47,993	-42,470	-79,872	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,748	-	-	-	-
Net cash provided by investing activities
86,479	10,600	5,944	1,603	55,236	-8,921	-25,990	474	18,429	-9,488	-98,103	-209,679	-116,503	-	-	-	-	-	-	-	-	-	-	-126,692	5,927	-	-12,163	-37,908	-70,311	-48,606	-41,674	15,073	-164,328	87,537	18,721	-230,075	-215,020
Cash flows from financing activities:
Net increase in deposits
13,302	24,606	-4,567	-20,820	8,897	-39,348	8,883	25,547	63,568	176,282	89,122	94,794	236,277	35,360	104,167	112,081	45,658	12,308	157,562	114,182	97,710	50,308	67,710	38,290	4,964	53,703	14,334	-9,299	-28,741	295	33,715	-30,951	5,337	55,733	69,605	-18,662	-15,112
Purchase of treasury stock
0	0	0	28,455	292	0	7,753	68	13	0	0	66	1,508	0	0	63	1,530	597	6,100	5,828	10,195	3,947	0	18	1,568	0	0	0	1,524	3,445	260	24,350	106,253	-	-	-	-
Payments for purchase of restricted stock.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	19,266	-	-	-	-
Dividends paid to shareholders
10,800	10,796	10,773	17,291	11,134	11,134	11,060	27,502	7,657	7,627	7,625	29,118	7,480	7,451	7,327	28,018	7,211	7,207	7,234	17,682	7,391	7,484	7,473	18,067	7,414	7,386	6,330	23,079	6,279	6,309	5,262	5,284	4,993	5,267	5,267	5,251	3,939
Exercise of stock options
36	-	3,972	62	143	-	8,236	1,546	2,219	-	178	7,587	427	-	7,309	4,707	598	-	178	446	28	-	363	371	3,878	-	42	1,376	1,169	-	-	-	-	-	-	-	-
(Decrease) increase in advance payments by borrowers for taxes and insurance
-655	-3,488	5,783	-2,292	435	-2,484	4,264	-994	-113	-1,860	4,984	-588	-455	-1,197	2,606	221	-660	-429	4,120	633	16	-87	2,366	-893	-1,087	-495	1,799	-966	251	-666	-718	-1,428	441	-97	-693	-1,692	696
Increase in advance payments by borrowers for taxes and insurance
-655	-3,488	5,783	-2,292	435	-2,484	4,264	-994	-113	-1,860	4,984	-588	-455	-	-	-	-	-	-	-	-	-	-	-	-	-	1,799	-966	251	-666	-718	-1,428	441	-97	-693	-1,692	696
Proceeds from borrowed funds
0	0	0	25,627	45,000	24,813	25,000	0	32,870	25,000	99,630	7,500	12,000	192,290	-21,292	162,598	19,837	18,379	46,488	0	54,313	115,800	23,320	89,650	70,000	-33,400	13,494	56,375	252,888	156,685	400	34,000	181,000	-	-	-	-
Repayment of borrowed funds
94,992	27,220	19,879	-16,868	115,213	-39,445	32,402	6,761	128,652	174,098	109,108	-125,543	126,031	173,182	10,000	107,500	77,500	-3,499	157,950	72,000	63,800	34,249	42,050	0	88,700	10,000	30,000	0	161,550	101,735	0	0	33,800	91,800	249,495	82,539	783
Payment of employee taxes withheld from shared-based awards
-	-	-	-	-	0	0	68	13	0	0	66	1,508	0	0	63	1,530	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	90	356	-	54	129	459	70	62	221	367	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	75,463	143,963	-22,338	-	37,101	19,841	71,037	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,232	50	-5,320	-	2,991	-8,968	-263	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-93,109	-16,633	-25,464	-26,331	-72,164	11,422	-4,832	-8,300	-37,791	19,072	77,181	205,586	111,722	-	-	-	-	-	-	-	-	-	-	109,462	-19,468	-	-8,029	26,560	56,079	46,259	29,372	-24,943	21,584	18,537	-24,164	104,675	-20,530
Net increase (decrease) in cash and cash equivalents
632	-	-	-	-6,285	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-15,462	7,867	-2,474	-	-1,314	7,121	8,690	-	-	-	-	-	-	-	-	-	5,483	-578	-2,378	3,331	-1,339	508	-1,874	266	2,379	298	-124,747	117,976	8,936	-113,440	-226,568
Supplemental cash flow information:
Cash Paid During Period for [Abstract]
Interest
15,478	15,092	14,001	12,983	12,210	11,584	10,536	10,395	10,255	10,905	9,434	9,015	8,731	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,071	8,635	8,774	-	9,575	8,551	8,539	7,856	7,548	7,783	7,744	7,342	7,075	7,744	7,808	7,810	8,474	8,434	8,805	8,944	9,012	9,025	9,464
Income taxes
4,705	7,834	1,000	3,630	5,079	13,057	824	8,032	755	13,391	925	8,538	7,249	5,718	9,171	6,245	6,138	11,316	5,663	5,200	3,045	13,463	458	2,334	6,529	15,181	69	8,751	8,450	12,511	33	3,848	6,120	8,680	131	4,200	429
Noncash item for lease adoption ASU 2016-02
2,208	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans receivable transferred to real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	317	0	1,456	1,493	0	0	0	3,000	350	120	2,754	0	550	595	552	736	918	1,987	675	1,028	5,288